U.S. Tequila Market Status, Demand, Key Trends, Industry Analysis & Growth Opportunity 2018-2022

Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “U.S. Tequila Market: Industry Analysis & Outlook (2018-2022)” provides an in-depth analysis of the Tequila with the forecast of market size and growth. The analysis includes addressable market, market by volume, and market share by business type and by segment (external and in-house).The research study examines the Tequila on the basis of a number of criteria, such as the product type, application, and its geographical presence.

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Tequila is a popular distilled beverage and type of alcoholic drink made from the s. Mexico is the only origin of tequila. Tequila is produced from agave, a plant that is part of the agavoideae subfamily and originates in arid regions. There are over 290 agave species but only Tequilana Weber blue variety can be used to make tequila.

Mexico is the second largest consumer of tequila after the United States. Mexican law states that tequila can be produced in the state of Jalisco and limited municipalities in the states of Guanajuato, Michoacán, Nayarit and Tamaulipas.

All tequila must contain at least 51% blue agave. Good tequila is 100% blue agave which will be clearly marked on the bottle. Tequila which is not 100% agave is called mixto as it is blended with sugar and water during distillation. Tequilas are broadly categorized into five types, Blanco, Joven, Reposado, Anejo and Extra Anejo. Some tequilas are clear and are called blanco or silver tequila. Other takes on a brown color due to one of two possible sources. Gold tequilas often get their color from the addition of caramel or other additives. Some tequilas are flavored with small amounts of sherry, prune concentrate and coconut.

The U.S. tequila market is expected to grow in future due to improvement in economic condition, growing Hispanic population, rising popularity among millennial population and growing female population. Key trends of this market include premiumisation, increasing demand for handcrafted tequilas, new product introduction and rise in cocktail culture. However, there are some factors which can hinder the growth of the market which includes decrease in agave plantation and growing cannabis consumption in the U.S.

The report “U.S. Tequila Market: Industry Analysis & Outlook (2018-2022)” by MRH provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the U.S. market. The report profiles the key players of the market including Becle SAB de CV, Suntory Holdings Limited, Pernod Ricard and Brown Forman Corporation.

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Table of Content:

1. Introduction
1.1 Tequila
1.2 History of Tequila
1.3 Tequila Production
1.4 Classification of Tequila
1.5 Categories of Tequila

2. The U.S. Tequila Market
2.1 The U.S. Tequila Market by Value
2.2 The U.S. Tequila Market Forecast by Value
2.3 The U.S. Tequila Market Share by Value
2.4 The U.S. Tequila Market by Volume
2.5 The U.S. Tequila Market Forecast by Volume
2.6 The U.S. Tequila Market Share by Volume
2.7 The U.S. Tequila Market by Price Segment
2.7.1 The U.S. Tequila Market Share by Price Segment
2.7.2 The U.S. Tequila Market Share Forecast by Price Segment
2.7.3 The U.S. Tequila Market by Price Segment
2.7.4 The U.S. Tequila Market Forecast by Price Segment
2.8 The U.S. Tequila Volume by Price Segment
2.8.1 The U.S. Tequila Volume Share by Price Segment
2.8.2 The U.S. Tequila Volume Share Forecast by Price Segment
2.8.3 The U.S. Tequila Volume by Price Segment
2.8.4 The U.S. Tequila Volume Forecast by Price Segment
2.9 The U.S. Tequila Import Share by Value
2.10 The U.S. Tequila Import by Value
2.11 The U.S. Tequila Import Share by Volume
2.12 The U.S. Tequila Import by Volume
2.13 The U.S. Tequila Consumption Share by States

3. Market Dynamics
3.1 Growth Drivers
3.1.1 Improvement in Economic Condition
3.1.2 Growing Hispanic Population
3.1.3 Increasing Popularity among Millennial Population
3.1.4 Increasing Urban Population
3.1.5 Rising Female Population
3.2 Key Trends & Developments
3.2.1 Rise in Premiumisation
3.2.2 Introduction of New Tequila Products
3.2.3 Rise in Cocktail Culture
3.2.4 Increasing Demand of Handcrafted Tequila
3.3 Challenges
3.3.1 Increasing Cannabis Consumption
3.3.2 Decrease in Agave Plantation

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