Mezcal Market Size, Share, Growth, Trends, Industry Forecast | Valuates Reports

Market Analysis and Insights: Global Mezcal Market

The global Mezcal market size is projected to reach US$ 437 million by 2027, from US$ 241.3 million in 2020, at a CAGR of 10.4% during 2021-2027.

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Mezcal is a distilled alcoholic spirit manufactured from the agave plant, which is native to Mexico. It has a distinctive and smoky flavour. There are 30 varieties of agave plant from which mezcal can be processed and manufactured.

The North Americas accounted for the maximum growth of the mezcal industry during 2017. The growing demand for mezcal and the rising export of mezcal products from Mexico drive the growth of the mezcal market in the US and other countries in the Americas. Moreover, the increasing number of supermarkets and hypermarkets and convenience stores also fuel the region’s contribution to the growth of the global mezcal market.

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Global Mezcal Scope and Segment

The global Mezcal market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mezcal market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2016 to 2021. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

By the product type, the market is primarily split into

• Joven
• Reposado
• Anejo

By the end users/application, this report covers the following segments

• Wedding
• Cocktail Party
• Backyard BBQ
• Others

The Mezcal key manufacturers in this market include:

• El Jolgorio
• Ilegal Mezcal
• Pernod Ricard
• Diageo
• Rey Campero
• Tlacolula Distillery
• William Grant & Sons

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