openPR Logo
Press release

Exclusive Forecast Study Observes Mezcal Market to Incur Value Growth at 17.8% CAGR During 2017 - 2022

05-03-2018 01:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Exclusive Forecast Study Observes Mezcal Market to Incur Value

Over the next five years, sales of Mezcal bottles in the global market will resemble growth identical to their consumption during colonial times where the distilled alcoholic beverage was consumed in great quantities by indigenous people of the Latin American region. Introduced by the Spaniards and made through fermentation of agave juice, Mezcal continues to gain widespread popularity for being a beer-like beverage that tastes like Tequila.

A new market study developed by Future Market Insights anticipates that by the end of 2022, over US$ 840 Mn worth of Mezcal will be consumed across the globe. On account of several factors fuelling the presence of Mezcal in various drinking cultures, the global Mezcal market is poised to expand vigorously at a CAGR of 17.8% during the forecast period, 2017-2022. The report anticipates that increasing demand for beverages that improve digestion and blood sugar regulation, coupled with growing preference towards natural and gluten-free products, will drive the growth in global demand for Mezcal in the immediate future.

Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5067

Mezcal has emerged as a spirit of choice among bibulous consumers in several regions of the world. Many consider it as a healthy alternative to hard liquors such as Tequila. The overall positive attitudes of consumers towards Mezcal are effectively boosting their sales in the turbulent and highly-competitive landscapes of alcoholic beverage markets.

Mezcal with 100% Tequila Concentrate will be Predominant

Despite the changing consumer preferences, the demand for Mezcal with 100% Tequila concentrate will gain traction through 2022. Higher concentration of Tequila in production of Mezcal is being preferred for keeping the drink additive-free, and reducing the risks of hangover. Moreover, buying 100% agave Tequila bottle is likely to cost a lot more than a bottle of Mezcal with 100% concentration of Tequila. In 2017, the global Mezcal market is anticipated to attain more than half of its value from sales of Mezcal with 100% Tequila concentrate. Comparatively, Mezcal consisting mix Tequila concentrates will lose traction in terms of demand, and rake approximately US$ 320 Mn revenues by the end of 2022.

Additional insights from the report:

Throughout the forecast period, North America will be observed as the largest market for Mezcal, primarily due to geographical proximity to Mexico and other Latin American countries

Latin America will be the second-largest region for growth of global Mezcal market and will procure over US$ 150 Mn value by 2022-end

Europe’s Mezcal market is also anticipated to reach a similar value by the end of the forecast period

In 2017, more than 80% of revenues procured in the global Mezcal market will be amassed from sales of Mezcal Joven

Through 2022, Mezcal Anejo will be the fastest-selling product in the global market

During the forecast period, specialty stores will record fastest sales growth at 19% CAGR, while hotels, restaurants and cafés (HoReCa) will be collectively viewed as the largest sales channel for Mezcal

Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-gb-5067

Agave, the key ingredient in Mezcal, is prominently cultivated in Latin American countries such as Argentina and Mexico. Manufacturers from this region will continue to remain prominent in the competitive landscape of global Mezcal market through 2022. These include companies, namely Ilegal Mezcal, Destileria Tlacolula, El Tinieblo and El Silencio Holdings. Besides these, the report has also profiled companies – Pernod Ricard (PR), Pierde Almas and William Grant & Sons (WGS) as key players in the global Mezcal market.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Exclusive Forecast Study Observes Mezcal Market to Incur Value Growth at 17.8% CAGR During 2017 - 2022 here

News-ID: 1038260 • Views: 139

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Mezcal

Mezcal Market: Qualitative Insights,Key Players|El Jolgorio,Ilegal Mezcal,Pernod …
Mezcal Market report includes (6 Year Forecast 2019-2025) an intensive analysis of competition by topmost leading manufacturers ( El Jolgorio,Ilegal Mezcal,Pernod Ricard,Diageo,Rey Campero,Tlacolula Distillery,William Grant & Sons ) that providing data like company profiles, product image and specification, capacity, production, price, cost, revenue and call data. The Mezcal market report provides a basic outline of the business at the side of definitions, classifications, applications and business chain structure. It conjointly
Global Mezcal Market: Emerging Trends & Upcoming Research 2025
Qyresearchreports include new market research report "Global Mezcal Market Research Report 2018" to its huge collection of research reports. A newly added research report about the global market for Mezcal produces a 360-degree overview of it. The report brings to the fore important details and elucidates every aspect expected to mold its path going forward. It sheds light on stimulants and deterrents affecting the market. It also provides a quantitative and
Mezcal Market Global Industry Analysis, Trends and Forecast , 2017 - 2022
Over the next five years, sales of Mezcal bottles in the global market will resemble growth identical to their consumption during colonial times where the distilled alcoholic beverage was consumed in great quantities by indigenous people of the Latin American region. Introduced by the Spaniards and made through fermentation of agave juice, Mezcal continues to gain widespread popularity for being a beer-like beverage that tastes like Tequila. A new market study
Mezcal Market - Intelligence Report Offers Growth Prospects
Future Market Insights delivers a detailed evaluation of the global Mezcal market for the forecast period, 2017-2022. The exclusive report, titled “Mezcal Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022),” provides an in-depth analysis on the growth of Mezcal markets across key regions, and offers a five-year forecast with a global perspective. Leading manufacturers of Mezcal drinks have been identified as key players of the global Mezcal market. Our
Mezcal Market: Demand for Mezcal with 100% Tequila Concentrate to remain Predomi …
Agaves, known for being ecologically- and economically- important wild species in the food & beverage sector, are prominently identified as the key raw material for manufacturing distilled alcoholic beverage called Mezcal. While cultivation of agaves remains concentred in the Latin American region, Mezcal continues to garner impressive uptake from several parts of the world. According to Future Market Insights, the global demand for Mezcal will soar vigorously in the next
Mezcal Market to Witness Predominant Preference for Mezcal with 100% Tequila Con …
Over the next five years, sales of Mezcal bottles in the global market will resemble growth identical to their consumption during colonial times where the distilled alcoholic beverage was consumed in great quantities by indigenous people of the Latin American region. Introduced by the Spaniards and made through fermentation of agave juice, Mezcal continues to gain widespread popularity for being a beer-like beverage that tastes like Tequila. A new market study