Tequila Market
Tequila Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Blanco, Reposado, Anejo, Other Types
- By Grade Value, Premium, High-End Premium, Super Premium
- By Distribution Channel On-Trade, Off-Trade
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 9.50 Billion |
Revenue 2030: | USD 14.69 Billion |
Revenue CAGR (2023 - 2030): | 5.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Tequila Market by Type by Grade by Distribution Channel by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Tequila in terms of revenue?
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The global Tequila valued at USD 9.50 Billion in 2022 and is expected to reach USD 14.69 Billion in 2030 growing at a CAGR of 5.60%.
Which are the prominent players in the market?
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The prominent players in the market are Pernod Ricard S.A. (France), Diageo PLC (U.K.), Bacardi Limited (Bermuda), Suntory Holdings Limited (Japan), Heaven Hill Distilleries Inc. (U.S.), Campari Group (Italy), Sazerac Company Inc. (U.S.), Brown-Forman Corporation (U.S.), Casa Aceves (México), Constellation Brands Inc. (U.S.).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Tequila include
- The rapidly changing consumer demand
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Tequila in 2022.