Tequila Market in Latin America 2015-2019: Market Trends, Demands, Growth, Survey and Forecast

Albany, NY, Feb 15, 2017: Tequila is a type of distilled spirit manufactured from the blue agave plant (native of Mexico). Tequila is either made from 51% agave or 100% agave, depending on the pricing and positioning. It usually contains 38-40% alcohol content depending on the varied government regulations and laws.

The tequila market in Latin America has a tremendous consumer base. The rising exports to the US, Russia, and Germany are driving the market. The exports from Mexico of agave tequila rose by 16% in 2013. The rising disposable income in countries such as Mexico and Venezuela is expected to drive the market during the forecast period.

The tequila market in Latin America to grow at a CAGR of 1.89% by volume and 2.62% by revenue during the period 2014-2019. The report covers the present scenario and the growth prospects of the tequila market for 2015-2019. To calculate the market size, the report considers revenue generated through sales of tequila bottles in the Latin American market.

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Technavio's report, Tequila Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- 1800
- Beam Suntory
- Brown Forman
- Cuervo International
- Diageo
- Patron

Other prominent vendors
- Aha Yeto
- Camino Real Distillery
- Casas Xalisco
- Cia Tequilera Los Valores
- Hacienda La Capilla
- Juarez Tequila
- Pernod Ricard
- Proximo Spirits
- Sazerac Company
- Sierra Tequila
- Tequila Cazadores
- Tequila Corralejo
- Tequila Quiote
- The Blue Nectar
- William Grant & Sons
- World Food and Bev Group

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Key questions answered in the report include
- What will the market size and the growth rate be in 2019
- What are the key factors driving the vodka market in Europe
- What are the key market trends impacting the growth of the vodka market in Europe
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the vendors in the vodka market in Europe
- What are the key outcomes of the five forces analysis of the vodka market in Europe

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