Tequila Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Tequila Market: By Type (100% Tequila, Mixto Tequila and 60% Tequila), By Application (Corporate Hospitality, Government Reception, Family Dinner and Others) and Geography

 

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Report

Description

Tequila Market size valued at USD 4,943 million in 2021 and poised to grow at a significant CAGR of nearly 4.5% over 2022-2028. Due to rising urbanization and increase in the economic status rising in the popularity of party culture increasing in the consuming the alcoholic drinks fueling the market growth. Additionally, rising disposable income, increasing alcoholic consuming population will further boost the market growth. Moreover, the introduction of new tequila products and rising cocktail culture will further boost the market growth. However, decreasing in the cultivation of agave plants, rise in the capital prices are some of the factors which are expected to hinder the market growth. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global tequila market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Tequila Market

MARKET SUMMARY
-
4.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 4.5%
  • Largest Market– Europe
  • Fastest Growing Market– Latin-America

Tequila Market

  • The global tequila market report gives a comprehensive outlook on tequila across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.
  • The report on the global tequila market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region.
  • Key stakeholders of the global tequila market report include suppliers, manufacturers, marketers, and policy makers engaged in global tequila products.
Key Players
  • Avion Tequila
  • Cascahuin Distillery
  • Compañia Tequilera de Arandas
  • Dos Lunas Tequila
  • El Jimador Family
Tequila Market

Drivers And Restraints

Changing in the lifestyle, increasing in the huge number of pubs & clubs and rising party culture. Key manufacturers are concentrating to develop and manufacture better tequila. It is made with the agave plants which are found mostly in the dry lands of Mexico. It 50 to 60% of alcohol. Growing demand for alcoholic beverages during family dinners, official parties and commercials parties Moreover, rising disposable income, and rising demand of alcoholic based beverages will fuel the market growth during the forecast period.


Latin-America got significant share

Tequila Market

Latin America accounted for larger revenue share in global tequila market with considerable CAGR. The growth in this region, increasing in the tequila production plants especially in developed economies and rising in the urbanization and increasing in the restaurants, bars and pubs. European region is expected to dominate the market growth due to rising in the alcohol consumers, increasing party culture and, economically developed countries such as Germany, France and UK. In North America tequila market is largely driven by the developing commercial infrastructure such as bars pubs & restaurants and increase in disposable incomes.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global tequila market expanding at significant CAGR over 2021 to 2027 due to increasing party cultures.
  • Based on application, corporate hospitality segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global tequila market.

Key

Features of the Report

Tequila Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Tequila Market Introduction
    • Global Tequila Market – Taxonomy
    • Global Tequila Market –Definitions
      • By Type
      • Application
  1. Global Tequila Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Tequila Market Dynamic Factors – Impact Analysis
    • Global Tequila Market – Competition Landscape
  2. Global Tequila Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Tequila Market, By Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • 100% Tequila
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Mixto Tequila
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 60% Tequila
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Tequila Market, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Corporate Hospitality
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Government Reception
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Family Dinner
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Tequila Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Tequila Market – Opportunity Analysis Index, By Type, Application, and Region, 2020 – 2026
  2. North America Tequila Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 100% Tequila
      • Mixto Tequila
      • 60% Tequila
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Corporate Hospitality
      • Government Reception
      • Family Dinner
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Tequila Market – Opportunity Analysis Index, By Type, Application, and Country, 2020 – 2026
    • North America Tequila Market Dynamics – Trends
  3. Europe Tequila Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 100% Tequila
      • Mixto Tequila
      • 60% Tequila
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Corporate Hospitality
      • Government Reception
      • Family Dinner
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Tequila Market – Opportunity Analysis Index, By Type, Application, and Country, 2020 – 2026
    • Europe Tequila Market Dynamics – Trends
  4. Asia-Pacific Tequila Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 100% Tequila
      • Mixto Tequila
      • 60% Tequila
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Corporate Hospitality
      • Government Reception
      • Family Dinner
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Tequila Market – Opportunity Analysis Index, By Type, Application, and Country, 2020 – 2026
    • Asia-Pacific Tequila Market Dynamics – Trends
  5. Latin America Tequila Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 100% Tequila
      • Mixto Tequila
      • 60% Tequila
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Corporate Hospitality
      • Government Reception
      • Family Dinner
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Tequila Market – Opportunity Analysis Index, By Type, By Process, Application, and Country, 2020 – 2026
    • Latin America Tequila Market Dynamics – Trends
  6. Middle East and Africa Tequila Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 100% Tequila
      • Mixto Tequila
      • 60% Tequila
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Corporate Hospitality
      • Government Reception
      • Family Dinner
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Tequila Market – Opportunity Analysis Index, By Type, Application, and Country, 2020 – 2026
    • MEA Tequila Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Avion Tequila
      • Familia Camarena Tequila
      • Cascahuin Distillery
      • Compañia Tequilera de Arandas
      • Hacienda La Capilla
      • El Jimador Family
      • Dos Lunas Tequila
      • Herradura, Zarco
      • Jose Cuervo
      • 1921 Tequila
      • Cazadores
      • Margaritaville
      • Cabo Tequila
      • 1800 Tequila
      • Tequila Arette
  1. Research Methodology
  2. Key Assumptions and Acronyms

 

Disclaimer

The above mentioned segmentation is tentative; it is changed according to client’s requirement, or research feasibility.


Report

Company Profile

  • Avion Tequila
  • Familia Camarena Tequila
  • Cascahuin Distillery
  • Compañia Tequilera de Arandas
  • Hacienda La Capilla
  • El Jimador Family
  • Dos Lunas Tequila
  • Herradura, Zarco
  • Jose Cuervo
  • 1921 Tequila
  • Cazadores
  • Margaritaville
  • Cabo Tequila
  • 1800 Tequila
  • Tequila Arette

Description

Tequila Market size valued at USD 4,943 million in 2021 and poised to grow at a significant CAGR of nearly 4.5% over 2022-2028. Due to rising urbanization and increase in the economic status rising in the popularity of party culture increasing in the consuming the alcoholic drinks fueling the market growth. Additionally, rising disposable income, increasing alcoholic consuming population will further boost the market growth. Moreover, the introduction of new tequila products and rising cocktail culture will further boost the market growth. However, decreasing in the cultivation of agave plants, rise in the capital prices are some of the factors which are expected to hinder the market growth. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global tequila market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

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