Mezcal Market Share 2020 Industry Size, CAGR Value, Top Manufacturers, Growth Prospects, Sales, Size, and Forecast to 2027

The mezcal market was valued at US$ 727.11 million in 2019 and is projected to reach US$ 1,136.55 million by 2027; it is expected to grow at a CAGR of 6.1% from 2020 to 2027.

Mezcal beverage is made from the agave plant (traditionally, it is known as maguey). The big difference between the Mezcal and Tequila is the way agaves are cooked to extract all the fermentable sugars. Agaves or magueys are mostly found in many parts of Mexico and south to the Equator, though most mezcal is made in Oaxaca. Mezcal can be prepared from many different varieties of agave. Agave Espadin is the most popular variety, and it is produced in specific states as well.

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Top Key Players:- El Silencio, Mezcal Vago, Pernod Ricard, Ilegal Mezcal, Rey Campero, Mezcal Amores, Craft Distillers, Los Danzantes, Mezcalgulroo, and Wahaka

The title of a person responsible for preparing mezcal is “Maestro Mezcalero,” and more often than not, their trade has been passed on from generation to generation. Types of mescal such as Mezcal Joven, Mezcal Reposado, Mezcal Anejo, and Others are quite popular among consumers in Mexico and in other countries. Growing preference for luxurious alcoholic beverages among consumers is propelling the market growth for mescal.

The report includes the segmentation of the global mezcal market as follows:

Mezcal Market, by Type
• 100% Agave
• Blends

Mezcal Market, by Product
• Mezcal Joven
• Mezcal Reposado
• Mezcal Anejo

Mezcal Market, by Sales Channel
• HoReCa
• Specialty Stores
• Supermarkets and Hypermarkets
• Online

Impact of COVID-19 Pandemic on Mezcal Market

The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of January 2021, the US, Brazil, India, Russia, Spain, and the UK are among the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 pandemic is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The food and beverage is one of the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns.

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This release was published on openPR.