Tequila Global Market Report 2024

Tequila Global Market Report 2024 – 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) – Market Size, Trends, And Global Forecast 2024-2033

Name: Tequila Global Market Report 2024
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Tequila Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Tequila Market Definition

Tequila is a distilled alcoholic drink made from the Agave Tequilana plant. It is fermented along with other sweets such as fructose and glucose, as well as synthetic flavorings. It is a common base component in cocktails and is popular among young individuals around the world.

The main types of tequila are Blanco, Reposado, Anejo, and others. The purest kind of tequila is silver tequila, sometimes referred to as Blanco, platinum, or white, which is occasionally aged for no longer than a few weeks. It is available in various purities premium tequila, value tequila, premium, and super-premium tequila, and ultra-premium tequila, by several distribution channels including on-trade and off-trade.

Tequila Market Segmentation

The tequila market covered in this report is segmented –

1) By Type: Blanco, Reposado, Anejo, Other Types

2) By Purity: Premium Tequila, Value Tequila, Premium and Super-Premium Tequila, Ultra-Premium Tequila

3) By Distribution Channel: On-Trade, Off-Trade

Global Tequila Market Size 2023 to 2028: Graph

Tequila Market Size 2024 And Growth Rate

The tequila market size has grown rapidly in recent years. It will grow from $12.73 billion in 2023 to $14.32 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to cultural and lifestyle trends, rising popularity of cocktails, premiumization and craft trends, globalization of tequila consumption, marketing and branding strategies.

Tequila Market Growth Forecast

The tequila market size is expected to see rapid growth in the next few years. It will grow to $21.79 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to rising millennial and Gen Z consumers, expanding cocktail culture, premiumization and brand diversification, increasing global affinity for Mexican spirits, sustainable and ethical practices. Major trends in the forecast period include exploration of non-agave spirits, globalization and international market growth, innovation in packaging and design, digital marketing and e-commerce growth, cultural and educational initiatives.

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Tequila Market Driver: Rising Consumer Preference For Agave-Based Spirits Fuels Robust Growth In The Tequila Market

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. For instance, in February 2022, according to CNBC, a US-based news channel, sales of agave-based spirits increased by 30.1% year on year to USD 5.2 billion. Therefore, growing consumers’ inclination toward agave-based spirits is driving the growth of the tequila market.

Tequila Market Driver: Spike In Tequila Market Growth Fueled By Rising Health Consciousness

The increasing health consciousness is expected to propel the growth of the tequila market going forward. Health consciousness refers to the awareness and mindfulness of one's own health and well-being. Tequila contains compounds such as agavins, which could have potential cardiovascular benefits, promote digestive health, positive impact on blood sugar levels, and weight management, contain antioxidants that may help neutralize free radicals in the body, enhance bone health, and is a suitable choice for individuals with gluten sensitivities and health conscious individuals. For instance, in January 2021, according to gov.UK, a UK-based government body, in 5000 participants, 80 percent of individuals above the age of 18 have decided to alter their way of life in 2021, based on a survey conducted across England. Therefore, the increasing health consciousness is driving the growth of the tequila market.

Global Tequila Market Major Players

Major companies operating in the tequila market report are Pernod Ricard SA, Christian Dior SE, Suntory Holdings Limited, Asahi Group Holdings Ltd., Diageo plc, Kirin Holdings Co Ltd., El Grado Tequila LLC, Jose Cuervo S.A. de C.V., Dos Lunas Spirits LLC, The Molson Coors Brewing Company, Constellation Brands Inc., Thai Beverage Public Company Limited, Casamigos Spirits Co, Bacardi Limited, Brown-Forman Corporation, Clase Azul Tequila S.A. de C.V., Ambhar Global spirits LLC, Patron Spirits International LLC, Proximo Spirits LLC, Milagro Tequila LLC, Tres Agaves Productos LLC, Tequila Don Julio S.A. de C.V., Tequila Avion LLC, Sauza Tequila S.A. de C.V., Tequila Fortaleza S.A. de C.V., Cazadores Tequila S.A. de C.V., Grupo Industrial Herradura S.A. de C.V., Familia Camarena Tequila S.A. de C.V., Espolon Tequila S.A. de C.V.

Global Tequila Market Trend: Diageo Elevates Tequila Market Presence With Astral Tequila Relaunch

Product innovation is a key trend gaining popularity in the tequila market. Major companies operating in the tequila market are focused on developing innovative products to strengthen their position in the market. For instance, in April 2022, Diageo, a UK-based multinational alcoholic beverage company, launched Astral Tequila in the US, a premium tequila made from 100% blue Weber agave. Diageo is now reintroducing the product with beautiful and timeless new packaging, a fresh and distinctive recipe made in a new distillery that results in a new liquid, and new marketing initiatives.

Global Tequila Market Trend: Sustainable Innovation In Tequila Market Are Strategic Partnerships And Smart Packaging Solutions

Major companies operating in the tequila market are forming partnerships to develop new products and strengthen their positions in the market. Collaborations and partnerships in the tequila market foster innovation, leverage complementary expertise, and accelerate the development and commercialization of advanced therapies by combining resources and capabilities. For instance, in October 2021, Identiv Inc. a US-based provider of physical security and secure identification solutions partnered with OTACA Tequila, a US-based ultra-premium, boutique agave spirits brand made from 100% Blue Weber agave piñas. This collaboration is to enhance smart packaging innovations with near field communication (NFC)-enabled authentication, product provenance and transparency, customer loyalty, and brand recognition. The purpose of the smart packaging solution is to provide brand exposure, consumer loyalty, transparency, and authentication. During the testing, Identiv's tap-and-go NFC technology powered by the highly effective NTAG 210u NFC tags digitized over 5,000 OTACA Tequila bottles.

Tequila Market Merger And Acquisition:

French Spirits Giant Pernod Ricard Expands Agave Portfolio With Majority Stake In Código 1530 Tequila

In October 2022, Pernod Ricard, a French company best known for its anise-flavored pastis aperitifs Pernod Anise and Ricard Pastis, announced that it has acquired a majority stake in Código 1530 Tequila. With this acquisition, the expansion of Pernod's agave portfolio comes after its recent investment in the sotol market, which saw it double its interest in US-based Sovereign Brands and acquire a minority stake in the ultra-premium Nocheluna brand, providing it with a boost in the US and Mexico. Codigo 1530 Tequila is a US-based beverage company.

Regional Insights For The Global Tequila Market

North America was the dominated region in the tequila market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global tequila market during the forecast period. The regions covered in the tequila market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the tequila market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The tequila market consists of sales whiskey, vodka and rum and other spirits. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The tequila market research report is one of a series of new reports from The Business Research Company that provides tequila market statistics, including tequila industry global market size, regional shares, competitors with a tequila market share, detailed tequila market segments, market trends, and opportunities, and any further data you may need to thrive in the tequila industry. This tequila market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Tequila Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$14.32 billion
Revenue Forecast In 2033	$21.79 billion
Growth Rate	CAGR of 11.1% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Blanco, Reposado, Anejo, Other Types 2) By Purity: Premium Tequila, Value Tequila, Premium and Super-Premium Tequila, Ultra-Premium Tequila 3) By Distribution Channel: On-Trade, Off-Trade
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Pernod Ricard SA; Christian Dior SE; Suntory Holdings Limited; Asahi Group Holdings Ltd.; Diageo plc; Kirin Holdings Co. Ltd.; El Grado Tequila LLC; Jose Cuervo S.A. de C.V.; Dos Lunas Spirits LLC; The Molson Coors Brewing Company; Constellation Brands Inc.; Thai Beverage Public Company Limited; Casamigos Spirits Co.; Bacardi Limited; Brown-Forman Corporation; Clase Azul Tequila S.A. de C.V.; Ambhar Global spirits LLC; Patron Spirits International LLC; Proximo Spirits LLC; Milagro Tequila LLC; Tres Agaves Productos LLC; Tequila Don Julio S.A. de C.V.; Tequila Avion LLC; Sauza Tequila S.A. de C.V.; Tequila Fortaleza S.A. de C.V.; Cazadores Tequila S.A. de C.V.; Grupo Industrial Herradura S.A. de C.V.; Familia Camarena Tequila S.A. de C.V.; Espolon Tequila S.A. de C.V.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Tequila Market Characteristics

3. Tequila Market Trends And Strategies

4. Tequila Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Tequila Market Size and Growth

5.1. Global Tequila Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Tequila Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Tequila Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Tequila Market Segmentation

6.1. Global Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Blanco

Reposado

Anejo

Other Types

6.2. Global Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Premium Tequila

Value Tequila

Premium and Super-Premium Tequila

Ultra-Premium Tequila

6.3. Global Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

On-Trade

Off-Trade

7. Tequila Market Regional And Country Analysis

7.1. Global Tequila Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Tequila Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Tequila Market

8.1. Asia-Pacific Tequila Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Tequila Market

9.1. China Tequila Market Overview

9.2. China Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Tequila Market

10.1. India Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Tequila Market

11.1. Japan Tequila Market Overview

11.2. Japan Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Tequila Market

12.1. Australia Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Tequila Market

13.1. Indonesia Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Tequila Market

14.1. South Korea Tequila Market Overview

14.2. South Korea Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Tequila Market

15.1. Western Europe Tequila Market Overview

15.2. Western Europe Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Tequila Market

16.1. UK Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Tequila Market

17.1. Germany Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Tequila Market

18.1. France Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Tequila Market

19.1. Italy Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Tequila Market

20.1. Spain Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Tequila Market

21.1. Eastern Europe Tequila Market Overview

21.2. Eastern Europe Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Tequila Market

22.1. Russia Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Tequila Market

23.1. North America Tequila Market Overview

23.2. North America Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Tequila Market

24.1. USA Tequila Market Overview

24.2. USA Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Tequila Market

25.1. Canada Tequila Market Overview

25.2. Canada Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Tequila Market

26.1. South America Tequila Market Overview

26.2. South America Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Tequila Market

27.1. Brazil Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Tequila Market

28.1. Middle East Tequila Market Overview

28.2. Middle East Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Tequila Market

29.1. Africa Tequila Market Overview

29.2. Africa Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Tequila Market Competitive Landscape And Company Profiles

30.1. Tequila Market Competitive Landscape

30.2. Tequila Market Company Profiles

30.2.1. Pernod Ricard SA

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Christian Dior SE

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Suntory Holdings Limited

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Asahi Group Holdings Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Diageo plc

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Tequila Market Other Major And Innovative Companies

31.1. Kirin Holdings Co. Ltd.

31.2. El Grado Tequila LLC

31.3. Jose Cuervo S.A. de C.V.

31.4. Dos Lunas Spirits LLC

31.5. The Molson Coors Brewing Company

31.6. Constellation Brands Inc.

31.7. Thai Beverage Public Company Limited

31.8. Casamigos Spirits Co.

31.9. Bacardi Limited

31.10. Brown-Forman Corporation

31.11. Clase Azul Tequila S.A. de C.V.

31.12. Ambhar Global spirits LLC

31.13. Patron Spirits International LLC

31.14. Proximo Spirits LLC

31.15. Milagro Tequila LLC

32. Global Tequila Market Competitive Benchmarking

33. Global Tequila Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Tequila Market

35. Tequila Market Future Outlook and Potential Analysis

35.1 Tequila Market In 2028 - Countries Offering Most New Opportunities

35.2 Tequila Market In 2028 - Segments Offering Most New Opportunities

35.3 Tequila Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Tequila Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Tequila Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Pernod Ricard SA Financial Performance

Table 75: Christian Dior SE Financial Performance

Table 76: Suntory Holdings Limited Financial Performance

Table 77: Asahi Group Holdings Ltd. Financial Performance

Table 78: Diageo plc Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Tequila Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Tequila Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Tequila Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Tequila Market, Segmentation By Purity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Tequila Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Pernod Ricard SA Financial Performance

Figure 75: Christian Dior SE Financial Performance

Figure 76: Suntory Holdings Limited Financial Performance

Figure 77: Asahi Group Holdings Ltd. Financial Performance

Figure 78: Diageo plc Financial Performance

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Frequently Asked Questions

What is the definition of the tequila market?

How will the tequila market drivers and restraints affect the tequila market dynamics? What forces will shape the tequila industry going forward?

The tequila market major growth driver - rising consumer preference for agave-based spirits fuels robust growth in the tequila market. For further insights on the tequila market, request a sample here

What is the forecast market size or the forecast market value of the tequila market ?

The tequila market size has grown rapidly in recent years. It will grow from $12.73 billion in 2023 to $14.32 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to cultural and lifestyle trends, rising popularity of cocktails, premiumization and craft trends, globalization of tequila consumption, marketing and branding strategies. The tequila market size is expected to see rapid growth in the next few years. It will grow to $21.79 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to rising millennial and Gen Z consumers, expanding cocktail culture, premiumization and brand diversification, increasing global affinity for Mexican spirits, sustainable and ethical practices. Major trends in the forecast period include exploration of non-agave spirits, globalization and international market growth, innovation in packaging and design, digital marketing and e-commerce growth, cultural and educational initiatives. For further insights on the tequila market, request a sample here

How is the tequila market segmented?

The tequila market is segmented
1) By Type: Blanco, Reposado, Anejo, Other Types
2) By Purity: Premium Tequila, Value Tequila, Premium and Super-Premium Tequila, Ultra-Premium Tequila
3) By Distribution Channel: On-Trade, Off-TradeFor further insights on the tequila market, request a sample here

Which region has the largest share of the tequila market? What are the other regions covered in the report?

North America was the dominated region in the tequila market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global tequila market during the forecast period. The regions covered in the tequila market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the tequila market, request a sample here.

Who are the major players in the tequila market?

What are the key trends in the tequila market?

Major trend in the tequila market - sustainable innovation in tequila market are strategic partnerships and smart packaging solutions. For further insights on the tequila market, request a sample here.

What are the major opportunities in the tequila market? What are the strategies for the tequila market?

For detailed insights on the major opportunities and strategies in the tequila market, request a sample here.

How does the tequila market relate to the overall economy and other similar markets?

For detailed insights on tequila market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the tequila industry?

For detailed insights on the mergers and acquisitions in the tequila industry, request a sample here.

What are the key dynamics influencing the tequila market growth? SWOT analysis of the tequila market.

For detailed insights on the key dynamics influencing the tequila market growth and SWOT analysis of the tequila industry, request a sample here.