Global Tequila Market
Tequila is a type of distilled spirit, which is prepared by distillation of the fermented juice of weber blue agave plant. As per the International Wine & Spirit Research, blue agave plant distilled beverage is the second-fastest growing spirit in the category from past few years. Tequila is a strong alcoholic liquor which was originated in Mexico & at times forms the basis for many types of mixed drinks.
Market Drivers
The rise in the popularity of cocktail culture both in & out of the houses is key driving factor which expected to boost the global tequila market growth over the forecast period. Also, change in the lifestyles and inflating income levels, ultra-premium & exclusive handcrafted tequila variants are gaining significant popularity around the world. Apart from this, the key operating players are introducing variants produced with natural ingredients, including coconut tangerine, lemon, strawberry, pineapple, pear, and mango to expand their product portfolio. They are also providing canned tequila cocktails, which are cost effective & convenient, to increase their overall sales.
The growing demand for fresh and delicious exotic drinks for a unique taste by consumer will positively impact the growth of global tequila market. As consumers attracted towards more sophisticated & premium beverages will propel the demand for products throughout the forecast period. Moreover, the growing urbanization is one of the prominent factors will accelerate the target market growth.
Market Restraints
The increase in trend for low alcoholic beverages to hinder the global tequila market growth. The increase in consumers demand for low & no alcohol beverages due to their growing awareness about the ill effects of alcohol on health acts as a major restraint in the market growth.
Market Segmentation
The Global Tequila Market is segmented into type such as Blanco, Anejo, Reposado, and Others, by grade such as Value, Premium, High-End Premium, and Super Premium. Further, market is segmented into distribution channel such as On-trade, and Off-trade.
Also, the Global Tequila Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The United States is expected to hold major share in the overall market, due to the increase in interests in the spirit will positively influence the demand in the region. The Europe is projected to hold second-largest position in the tequila market across the globe and remain the same throughout the forecast period. The rise in popularity of artisanal spirits in countries including, Spain, Germany, and the U.K. has contributed to the tequila market growth. In APAC region, the spirit is gaining popularity in countries like China & Australia, due to the increase in imports along with consumers seeking quality over quantity & preferring spirits made in small batches will accelerate the market growth.
Key Players
Various key operating players are listed in this report such as Dos Lunas Spirits, LLC, AMBHAR Global Spirits LLC., Tequila512, El Grado, Cascahuin Distillery, Tequilera de Arandas Company, William Grant & Sons, Inc, Tequila Don Julio SA de CV, etc.
Market Taxonomy
By Type
By Grade
By Distribution Channel
By Region
Key Questions Addressed by the Report
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Tequila Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Tequila Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Tequila Market Share Analysis, By Type
5.3 Global Tequila Market Size and Forecast, By Type
5.3.1 Blanco
5.3.2. Anejo
5.3.3. Reposado
5.3.4. Others
6 Global Tequila Market, By Grade
6.1 Y-o-Y Growth Comparison, By Grade
6.2 Global Tequila Market Share Analysis, By Grade
6.3 Global Tequila Market Size and Forecast, By Grade
6.3.1 Value
6.3.2 Premium
6.3.3 High-End Premium
6.3.4 Super Premium
7 Global Tequila Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Tequila Market Share Analysis, By Distribution Channel
7.3 Global Tequila Market Size and Forecast, By Distribution Channel
7.3. 1 On-Trade
7.3.2. Off-Trade
8Global Tequila Market, By Region
8.1 Global Tequila Market Share Analysis, By Region
8.2 Global Tequila Market Share Analysis, By Region
8.3 Global Tequila Market Size and Forecast, By Region
9 North America Tequila Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Tequila Market Share Analysis, By Type
9.3 North America Tequila Market Size and Forecast, By Grade
9.4 North America Tequila Market Size and Forecast, By Distribution Channel
9.5 North America Tequila Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeTequila Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Tequila Market Share Analysis, By Type
10.3 Europe Tequila Market Size and Forecast, By Grade
10.4 Europe Tequila Market Size and Forecast, By Distribution Channel
10.5 Europe Tequila Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Tequila Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Tequila Market Share Analysis, By Type
11.3 Asia Pacific Tequila Market Size and Forecast, By Grade
11.4 Asia Pacific Tequila Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Tequila Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Tequila Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Tequila Market Share Analysis, By Type
12.3 Latin America Tequila Market Size and Forecast, By Grade
12.4 Latin America Tequila Market Size and Forecast, By Distribution Channel
12.5 Latin America Tequila Market Size and Forecast, Country
13Middle East Tequila Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Tequila Market Share Analysis, By Type
13.3 Middle East Tequila Market Size and Forecast, By Grade
13.4 Middle East Tequila Market Size and Forecast, By Distribution Channel
13.5 Middle East Tequila Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Dos Lunas Spirits, LLC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. AMBHAR Global Spirits LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Tequila512
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 El Grado
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Cascahuin Distillery
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Tequilera de Arandas Company
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 William Grant & Sons, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Tequila Don Julio SA de CV
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
