Press release
Global Tequila Market to Progress with Product Innovations
According to a new market research report launched by Inkwood Research, the Global Tequila Market is surging with a growth rate of 4.32% between 2021 and 2028 and is projected to reach around $18.51 billion by 2028Browse 41 market data Tables and 42 figures spread over 203 Pages, along with in-depth analysis on Global Tequila Market by Type, Distribution Channel & by Geography
Request Free Sample Report for Global Tequila Market by Type, Distribution Channel & by Geography: https://inkwoodresearch.com/reports/tequila-market/#request-free-sample
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Tequila Market Scenario
Tequila is made from the blue agave plant found in Mexico. Agave is grown in specific areas, namely, Nayarit, Jalisco, Michoacán, Tamaulipas, and Guanajuato. However, the 100% tequila is prepared from blue agave, which is only grown in the Jalisco state of Mexico. Currently, the segment offers two categories, such as 100% de agave and Mixted (Mixto).
The global tequila market is witnessing tremendous growth due to several driving factors, which include product innovations, demand for premium tequila, and tequila perceived as a healthier drink. People prefer the highest quality products mainly because of the aging, style, and craftsmanship. Moreover, the introduction of new flavors by major players to cater to consumers' changing taste preferences is also supplementing the market's progress. However, concerns related to raw materials, geographically constrained to Mexico and North America, and campaigns against alcohol consumption are some restraints impacting the overall growth of the market.
The Global Tequila Market report provides data tables and includes charts and graphs for visual analysis.
Market Segmentation
Market by Type
• Premium
• Value
• High-End Premium
• Super-Premium
Market by Distribution Channel
• Online Retailing
• Liquor Specialist Stores
• Supermarkets & Hypermarkets
• Other Distribution Channels
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• ANHEUSER-BUSCH INBEV
• LUXCO INC
• PERNOD RICARD SA
• TEQUILA CENTINELA
• DIAGEO PLC (CASAMIGOS TEQUILA)
• JOSE CUERVO (BECLE SAB DE CV)
• LA MARTINIQUAISE
• BEAM SUNTORY INC
• BROWN-FORMAN CORPORATION
• SAZERAC COMPANY INC
• ASAHI GROUP HOLDINGS LTD
• E. & J. GALLO WINERY INC
• CONSTELLATION BRANDS
• BACARDI & CO LTD (PATRÓN TEQUILA)
Related Reports
GLOBAL ALCOHOLIC SPIRITS MARKET - Global alcoholic spirits market is growing at a CAGR of 3.45% during the forecast period.
https://inkwoodresearch.com/reports/alcoholic-spirits-market/
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