Mezcal Market Growing Trade Among Emerging Economies Opening New Opportunities To 2029
Mezcal is the name given to traditional distilled alcoholic beverages made in various rural areas of Mexico, from certain northern states up to south states, which is nahuatl mexcalli, “baked agave.” These alcoholic beverages are made from the cooked stems of species of the genus Agave, also known as “maguey,” which have fermented sugars. It is a traditional Mexican distilled beverage produced from the fermented juices of the cooked agave plant core. It is a type of distilled alcoholic beverage made from the cooked and fermented hearts, or piñas, of agave plants.
According to a new report published by Data Bridge Market Research, titled, “Mezcal Market,” The Mezcal market size was valued at $ 2,606.25 Million in 2021, and is estimated to reach $ 2,606.25 Million by 2029, growing at a CAGR of 24.7% from 2022 to 2029.
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Scope & Size
Chapter Three: Market Analysis & Insight
Chapter Four: Market Regional Level Analysis
Chapter Five: Market Share Analysis
Chapter Six: Market Key Players
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Some of the key questions answered in this report:
How has the MEZCAL performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the MEZCAL?
- What are the key regional markets?
- What are the key driving factors and challenges in the industry?
- What is the structure of the MEZCAL and who are the key players?
MEZCAL Scope and Market Size
- On the basis of product type, the global mezcal market is segmented into mezcal joven, mezcal reposado, mezcal anejo, mezcal espadin, mezcal tepztate, mezcal arroqueño, mezcal ensamble and others
- On the basis of concentrate, the global mezcal market has been segmented into 100% tequila and mix tequila.
- On the basis of price category, the global mezcal market has been segmented into premium, standard, and economy.
- On the basis of ABV content, the global mezcal market has been segmented into below 40% and above and less than 40%.
- On the basis of year, the global mezcal market has been segmented into 18-24 Years, 25-44 Years, 45-64 Years, and 65+ Years
- On the basis of packaging type, the global mezcal market has been segmented into bottle, cans, and others.
- On the basis of size, the global mezcal market has been segmented into 251-500 ml, 501-750 ml, 751-1000 ml, more than 100 ml
- On the basis of flavor type, the global mezcal market has been segmented into plain/original and flavored.
- On the basis of producer type, the global mezcal market has been segmented into microbrewery, distillers, brewpub, contract brewing company, regional craft brewery, large brewery, and others
- On the basis of product category, the global mezcal market has been segmented into distillers mezcan and handcrafted mezcan
- On the basis of end user, the global mezcal market has been segmented into Restaurants, Hotels & bars, Café, Catering, Airlines, Household, and Others
- On the basis of distribution channel, the global mezcal market has been segmented into offline trade and online trade.
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Market Analysis and Insights: MEZCAL
- Data Bridge Market Research analyses that the mezcal market is expected to reach a value of USD 2,606.25 million by 2029, at a CAGR of 24.7% during the forecast period.
MEZCAL – Regional Level Analysis
- North America is dominating the global mezcal market. The broad base of the beverage industry in the region is set to drive market growth. The U.S. dominates the North America region due to the country’s exponential increase in beverage consumption.
MEZCAL – Share Analysis:
- The mezcal market competitive landscape provides details of the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies focus on the mezcal market.
Key player – MEZCAL
- Some of the major players operating in the mezcal market are Davide Campari-Milano N.V., BACARDI, Craft Distillers, MADRE MEZCAL, Familia Camarena, Brown-Forman, Diageo, Pernod Ricard, WILLIAM GRANT & SONS LTD, Rey Campero, Tequila & Mezcal Private Brands S.A. de C.V., Destilería Tlacolula, El Silencio Holdings, INC., Sauza Tequila Import Company, Dos Hombres LLC. , Del Maguey, Wahaka Mezcal., BOZAL MEZCAL Sombra , Pensador Mezcal, Ilegal Mezcal among others.
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