 Global Tequila Market Growth 2019-2024
      Global Tequila Market Growth 2019-2024Tequila is a regional specific name for a distilled beverage made from the blue agave plant, primarily in the area surrounding the city of Tequila, 65 km (40 mi) northwest of Guadalajara, and in the highlands (Los Altos) of the north western Mexican state of Jalisco. Although tequila is a kind of mezcal, modern tequila differs somewhat in the method of its production, in the use of only blue agave plants, as well as in its regional specificity. Tequila varieties are only allowed to use the term if they are manufactured in specific regions of Mexico.
Currently, Mexico is the only origin of tequila. Tequila is the most important type of wine in Mexico. Tequila is the symbol of Mexican national spirit, and Mexico is the second largest consumer countries of tequila.
The United States is the largest consumer of Tequila. In addition, the US demand for tequila is increasing year by year. Spain and Chinese demand for tequila is increasing at a high rate.
Tequila has very strict requirements for raw materials. A mature blue agave requires a minimum of eight years, which limits the total production of tequila.
According to this study, over the next five years the Tequila market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 5910 million by 2024, from US$ 4660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tequila business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tequila market by product type, application, key manufacturers and key regions and countries.
This study considers the Tequila value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    100% Tequila
    Mixto Tequila
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Corporate Hospitality
    Government Reception
    Family Dinner
    Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Jose Cuervo
    Sauza
    Patrón
    Juarez
    1800 Tequila
    El Jimador Family
    Don Julio
    Familia Camarena Tequila
    Herradura
    Zarco
    Cazadores
    Cabo Tequila
    Milagro
    Margaritaville
    Clase Azul
    Avion Tequila
    1921 Tequila
    4 Copas
    Corzo
    El Agave Artesanal
    Tequila Arette
    Don Eduardo
    Agave Dos Mil
    Aha Toro
    Buen Amigo
    Campo Azul
    Cascahuin Distillery
    Compañia Tequilera de Arandas
    Centinela
    Hacienda La Capilla
    Dos Lunas Tequila
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Tequila consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Tequila market by identifying its various subsegments.
    Focuses on the key global Tequila manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Tequila with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Tequila submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on  Tequila . Industry analysis & Market Report on  Tequila  is a syndicated market report, published as Global Tequila Market Growth 2019-2024. It is complete Research Study and Industry Analysis of  Tequila  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.