openPR Logo
Press release

Mezcal Market: Demand for Mezcal with 100% Tequila Concentrate to remain Predominant

11-09-2017 01:02 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Agaves, known for being ecologically- and economically- important wild species in the food & beverage sector, are prominently identified as the key raw material for manufacturing distilled alcoholic beverage called Mezcal. While cultivation of agaves remains concentred in the Latin American region, Mezcal continues to garner impressive uptake from several parts of the world.

According to Future Market Insights, the global demand for Mezcal will soar vigorously in the next five years. By the end of 2022, over US$ 840 Mn worth of Mezcal is anticipated to be consumed across the globe. The report has analysed an assortment of factors pegged to influence the dynamics of global Mezcal market during the forecast period, 2017-2022.

Obtain Report Details @
https://www.futuremarketinsights.com/reports/mezcal-market

Surging demand for Mezcal Joven and Mezcal Anejo

Globally, Mezcal is available in the form of three product-types, Joven, Anejo, and Reposado. In 2017, the global market for Mezcal will procure over four-fifth of its value through revenues amassed from sales of Mezcal Joven. Over the forecast period, Mezcal Joven will be observed as the top-selling product in the overall Mezcal market. Meanwhile, Mezcal Anejo is currently anticipated to procure less than 4% share on global market value. But, these two products are anticipated to witness a stellar rise in terms of demand.

Consumer Proclivity towards Mezcal with 100% Tequila Concentrate

In the near future, changing consumer preferences will factor the rise in demand for Mezcal with higher concentration of Tequila. Currently, one out of every two bottles of Mezcal being sold in the global market is anticipated to contain 100% concentration of Tequila. The demand for Mezcal with high Tequila concentration is expected to gain traction throughout the forecast period.

Request Sample Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-5067

Specialty Stores will record rampant growth in sales

Through 2022, Mezcal will be predominantly sold through hotels, restaurants and cafés (HoReCa). Although, revenues accounted by sales of Mezcal through HoReCa channels will incur a relatively low CAGR compared to specialty store sales. In 2017, specialty stores are anticipated to account for more than one-fifth share on global Mezcal revenues. And, towards the end of 2022, the sales of Mezcal registered by speciality stores around the world are forecasted to reflect the fastest CAGR of 19%.

Companies to Watch

Manufacturing processes involved in production of Mezcal continue to remain inefficient and antiquated. Companies will be shifting their focusing towards adoption of new and effective production technologies, which are backed by extensive research to retain the taste, traits and characteristics of traditionally manufactured Mezcal beverages. Manufacturers such as Destileria Tlacolula, Ilegal Mezcal, El Silencio Holdings, and El Tinieblo are based in Latin America, primarily due to high presence of agave cultivation in this region. Other key players in the global Mezcal market, profiled in this report, include Pierde Almas, Pernod Ricard (PR), and William Grant & Sons (WGS).

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mezcal Market: Demand for Mezcal with 100% Tequila Concentrate to remain Predominant here

News-ID: 809645 • Views: 169

More Releases from Future Market Insights

Ferrovanadium Market to Witness Robust Expansion throughout the Forecast 2018-20 …
Future Market Insights (FMI) analyses the global ferrovanadium market in its new publication titled “Ferrovanadium Market: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”. This study provides data for 2017 along with the forecast for the period (2018–2028). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global ferrovanadium
Automotive Lighting Market is expected to grow at a CAGR of ~6% during the forec …
In a recent publication, Future Market Insights (FMI) provides a perspective on the growth trajectory of automotive lighting market for the period between 2019 and 2029. According to the study, worldwide sales of automotive lighting reached ~2 billion units, equating a value of ~US$ 36.5 billion in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the
Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growt …
Future Market Insights has released a new market study on "Motorcycle Suspension System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028", which studies the global Motorcycle Suspension System market and offers deep dive analysis for the next ten years. The report evaluates all the key macro-economic factors projected to support the growth of the global as well as regional markets. The report on Motorcycle Suspension System also presents the
Clinical Trials Market Survey Report 2021 Along with Statistics, Forecasts till …
The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029. Collaboration at Its Peak: Key Strategy of Manufacturers in Clinical Trials Market For reducing economic burden, many companies are planning to shift their focus towards on-core business activities, thereby outsourcing their clinical trials activities to the CROs (contract research organizations). This

All 5 Releases


More Releases for Mezcal

Mezcal Market: Qualitative Insights,Key Players|El Jolgorio,Ilegal Mezcal,Pernod …
Mezcal Market report includes (6 Year Forecast 2019-2025) an intensive analysis of competition by topmost leading manufacturers ( El Jolgorio,Ilegal Mezcal,Pernod Ricard,Diageo,Rey Campero,Tlacolula Distillery,William Grant & Sons ) that providing data like company profiles, product image and specification, capacity, production, price, cost, revenue and call data. The Mezcal market report provides a basic outline of the business at the side of definitions, classifications, applications and business chain structure. It conjointly
Global Mezcal Market: Emerging Trends & Upcoming Research 2025
Qyresearchreports include new market research report "Global Mezcal Market Research Report 2018" to its huge collection of research reports. A newly added research report about the global market for Mezcal produces a 360-degree overview of it. The report brings to the fore important details and elucidates every aspect expected to mold its path going forward. It sheds light on stimulants and deterrents affecting the market. It also provides a quantitative and
Mezcal Market - Intelligence Report Offers Growth Prospects
Future Market Insights delivers a detailed evaluation of the global Mezcal market for the forecast period, 2017-2022. The exclusive report, titled “Mezcal Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022),” provides an in-depth analysis on the growth of Mezcal markets across key regions, and offers a five-year forecast with a global perspective. Leading manufacturers of Mezcal drinks have been identified as key players of the global Mezcal market. Our
Mezcal Market - Specialty Stores will record rampant growth in sales
Future Market Insights delivers a detailed evaluation of the global Mezcal market for the forecast period, 2017-2022. The exclusive report, titled “Mezcal Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022),” provides an in-depth analysis on the growth of Mezcal markets across key regions, and offers a five-year forecast with a global perspective. Leading manufacturers of Mezcal drinks have been identified as key players of the global Mezcal market. Our
Mezcal Market to Witness Predominant Preference for Mezcal with 100% Tequila Con …
Over the next five years, sales of Mezcal bottles in the global market will resemble growth identical to their consumption during colonial times where the distilled alcoholic beverage was consumed in great quantities by indigenous people of the Latin American region. Introduced by the Spaniards and made through fermentation of agave juice, Mezcal continues to gain widespread popularity for being a beer-like beverage that tastes like Tequila. A new market study
Global Mezcal Market to Witness Predominant Preference for Mezcal with 100% Tequ …
Over the next five years, sales of Mezcal bottles in the global market will resemble growth identical to their consumption during colonial times where the distilled alcoholic beverage was consumed in great quantities by indigenous people of the Latin American region. Introduced by the Spaniards and made through fermentation of agave juice, Mezcal continues to gain widespread popularity for being a beer-like beverage that tastes like Tequila. For more information on