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Global Tequila Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Include Ambhar Tequila, Bacardi Limited, Diageo Plc, AMBHAR Global Spirits LLC., Pernod Ricard

Tequila Market

Tequila Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Tequila Market Size, Growth Rate, And Forecast
The global Tequila market size is expected to grow from $97.34 billion in 2022 to $106.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global Tequila market size is expected to grow to $148.38 billion in 2027 at a CAGR of 8.5%.

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Tequila Market Drivers
Growing consumers' inclination towards agave-based spirits is expected to propel the growth of the tequila market. A drink termed agave alcohol is brewed from the fermented maguey (agave) plant's sap. It has been manufactured for centuries in central Mexico, where it is traditional. The popularity of agave spirits is growing in the United States as more Americans buy Mexican imports. Even retailers are making changes to make more shelf space available for tequila's growing sales.

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Tequila Market Segments
• By Type: Blanco, Reposado, Anejo, Other Types
• By Purity: Premium Tequila, Value Tequila, Premium and Super-Premium Tequila, Ultra-Premium Tequila
• By Distribution Channel: On-Trade, Off-Trade
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Tequila market.

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Tequila Market Key Players
Major competitors in the Tequila market include Ambhar Tequila, Bacardi Limited, Diageo Plc, AMBHAR Global Spirits LLC., Pernod Ricard, Constellation Brands Inc., Brown-Forman Corporation, Suntory Holdings Limited, Dos Lunas Spirits LLC, El Grado Tequila, Thai Beverage public co.

The Business Research Company's "Global Tequila Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Tequila Market Include:
1. Executive Summary
2. Tequila Market Characteristics
3. Tequila Market Trends And Strategies
4. Tequila Market - Macro Economic Scenario
5. Tequila Market Size And Growth
……….
27. Tequila Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tequila Market
29. Tequila Market Future Outlook and Potential Analysis
30. Appendix

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