But mezcal’s success has attracted the attention of the big players. Until a few years back, mezcal seldom found place on the back bars and cocktail menus of restaurants. In early 2017 Bacardi acquired a minority stake in Ilegal mezcal, foremost to a national US rollout for the brand with Southern Glazer’s Transatlantic Spirits. We are happy to help. The mezcal market has been bifurcated on the basis of product, concentrate, sales channel, and region. Moreover, globally distillers have been experimenting with diverse varieties of agave and some distillers have implemented novel techniques. FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. Earlier, mezcal was a part of spirit trend but it has now advanced to a full-fledged category. This text provides general information. Tequila/Mezcal sales up 17.4 percent or $587 million to $4.0 billion; Mezcal up 17.7 percent or $19 million totaling $124 million; Cognac sales up ⦠Tequila is a variety of mezcal produced in the Tequila region of Mexico. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Each of these segments are analyzed … and over 1 Mio. With the alcohol beverages industry set to expand, Brazil will emerge as one of the highly lucrative markets for mezcal in the coming years. The Mezcal Joven segment will continue accounting for over half of the global share among products through the forecast period. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Mezcal ". Click here to know more about it. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. According to a new report by EMR titled, 'Mezcal Market Size, Share, Price, Report & Forecast 2021-2026', the global market projected to witness a healthy growth over the forecast period of 2021-2026, growing at a CAGR of more than 21%. Due to growing interest among consumers regarding ethically sourced products, the tendency of promoting beverages such as craft beer, cold-pressed juice, and smoothies with natural ingredients as premium is projected to increase in the near term forecast period. Mezcal fever in the U.S. made the American market—specifically bars and restaurants—the most important sales channel for small agave distillers in rural communities. Further, the data that COMERCAM puts out varies from year-to-year. These developments present a positive outlook for growth. Each of these segments are analyzed further to ⦠The research handbook provides the up-to-date market size data for period 2011-2015 and illustrative forecast to 2020 covering key market aspects like Sales Value and Volume for Tequila & Mezcal. Home Reports . Corona and Svedka vodka maker Constellation Brands in early 2018 invested in Mezcal El Silencio. Table 94: Iranian Market for Mezcal: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 95: Mezcal Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 96: Iranian Mezcal Market Share Analysis by Segment: 2012 VS 2020 VS 2027 ISRAEL Covered in this report The report covers the present scenario and the growth prospects of the global mezcal market for 2017-2021. The growing interest for mezcal around the world has exceptionally helped attracting consumers to lesser known categories of rare agave varieties. Joven is ideally used in cocktails to add the sanctified flavor of sweet agave in the beverages. Tequila & Mezcal Market in the United States of America registered a positive compound annual growth rate (CAGR) of 8.52% during the period 2013 to 2018 with a sales value of USD 7,192.49 Million in 2018, an increase of 10.20% over 2017. New regulations for mezcal went into effect that directed to redraft the outline and rules for how mezcal is prepared in industries and dictated how agave should be used and grouped mezcal into three definitive categories. How Businesses Can Utilize Market Research to Create Reactive, Recession-proof Strategies for Survival, Custom & Syndicated Market Research Reports, Competitive Intelligence | Ethical & Unbiased, Consulting | Unparalleled Business Intelligence. FMI expects global mezcal market to grow at 10.3% CAGR through 2031. Mezcal is the name for the family of Mexican alcoholic spirits distilled from various species of the Agave genus, known as Maguey. More information about desk research is available upon request. Our coverage is all-encompassing â explore our comprehensive coverage of varied industries and categories, Latest news, views, and press releases â explore our media section and connect with us. However, in 2019 UK GQ article reported a large increase in the availability of mezcal in the last few years in the UK. A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. For more information or any query mail at sales@wiseguyreports.com . Sales of mezcal are projected to be higher in the Middle East & Africa and Asia Pacific. In 2018, the United States comprised 71% of the total mezcal export, dwarfing Spain that accounted for less than 6% total share. With continuing current trends, there could be seen even more new entrants into the agave market. America’s growing taste of mezcal is expected to bode well for small producers across Mexico. It is a traditional Mexican beverage and can be made from 30 different types of agave. Automotive Chemical FMCG Food & Beverage Healthcare ICT Semi Conductor & Electronics. Sales of American whiskey rose by 8.2 percent, rye whiskey jumped by 16.9 percent, tequila and mezcal sales were up by 17.4 percent, and Cognac (!) Rising interest among consumers in ethically sourced products provides opportunities for ethically exported non-alcoholic beverages. The heart of Joven is produced at a traditional Palenque in Matatln, but it is grown and distilled in the Oaxaca region of Mexico. It is a spirit distilled from agave plant. While Tequila continues reigning liquor landscape, mezcal consumption has dramatically increased in the last couple of years. What is the Regulatory Impact on Global Mezcal Sales? Moreover, single malts are presently leading the growth of spirit consumption in China and mezcal has many similar characteristics which puts in a good position to duplicate the growth of single malt. In 2019, a Think Tequila and Mezcal event was added due to the circumstance that both tequila and mezcal are shifting from niche spirits to more mainstream consumption. It can also be made … Tequila continues to grow in popularity in the U.S., with sales increasing every year. Since 2012, mezcal sales are up almost four times, and the vast majority of bars, restaurants and liquor stores, carry at least one brand. Moreover, in 2019, the United States became the world’s leading mezcal market, as imports surged to 50%, exceeding Mexico which increased to 10%. If you're a fan of this smoky Mexican spirit, you probably think of mezcal as tequila's more sophisticated and complex older brother. The three new categories proposed by Norma Oficial Mexicana NOM-070-SCFI-1994, which is the law governing application of Mezcals’ Denomination of Origin include Mezcal, Artisanal Mezcal, and Ancestral Mezcal. Notwithstanding the impact of COVID-19 outbreak, an increase in beer imports has been reported, hence creating lucrative opportunities for mezcal in Brazil. Statista assumes no Directly accessible data for 170 industries from 50 countries liability for the information given being complete or correct. Mezcal is produced in the state of Oaxaca in southern Mexico, from several varieties of agave, but not blue agave. If you're a fan of this smoky Mexican spirit, you probably think of mezcal as tequila's more sophisticated and complex older brother. How is Interest for Ethically Sourced Products Pushing Mezcal Sales? Sales of mezcal are projected to be higher in ⦠Furthermore, there is also a noticeable shift towards the consumption of sugar substitutes and natural food additives. You can buy the report securely and safely. However, modern consumers are advanced and are likelier to try new flavors, thanks to their adventurous taste palettes and interest in trying unique flavors. The research handbook provides up-to-date market size data for period 2013-2018 and illustrative forecast to 2023 covering key market aspects like Sales Value and Volume for Tequila & Mezcal and its variants . In partnership, we are working with our top mezcaleros, where they have perfected the … The mezcal marketing, whose incursion into international markets is relatively recent, in 2015 reached a marketing volume of 1.9 million liters to destinations such as the United States, Germany, Spain and the United Kingdom, with sales estimated at 16.7 millions of dollars (SAGARPA, 2017). data than referenced in the text. Prominent players in the U.S. are investing in setting up production plants due to increasing mezcal popularity in the country. The craft spirits concept is very novel, and the drift has been followed by craft beers which started nearly in 2010. Amid the COVID-19 crisis, the global market for Mezcal estimated at US$496. All Rights Reserved. Distinct notes of espadin agave throughout the young mezcal. The beverage sector offers lucrative growth opportunities to mezcal manufacturers. The best quality at a fair market price. In 2017, the global Mezcal market is anticipated to attain more than half of its value from sales of Mezcal with 100% Tequila concentrate. Between 2007 and 2011, mezcal sales grew by nearly 48 percent according to Mexican government data, an terrific story and opportunity for the poor of Oaxaca. As a result, there is a mounting opportunity for consumers to try something new or use these products as a gateway to a plant-based lifestyle. Sales in US will be over 40% of total demand throughout the forecast period. This was approximately twice as much as as the nearest competitors, Banhez from CNI Brands and Ilegal from Bacardi USA. Tequila prices have risen steadily during the … How Lucrative is Mezcal Marketâs Future Outlook in Comparison to Historical Growth? The research handbook provides up-to-date market size data for period 2013-2018 and illustrative forecast to 2023 covering key market aspects like Sales Value and Volume for Tequila & Mezcal and its variants . Secondly, wood is usually charred to heat the stills, therefore deforestation is a threat and its smoke is harmful to mezcal workers. Mezcal is the name for the family of Mexican alcoholic spirits distilled from various species of the Agave genus, known as Maguey. This year’s data only has export data for 38% alcohol by volume. Mr. Mezcal supplies the world with our premium mezcal. Mexico: number of mezcal brands for export 2014-2018, Tequila's dollar sales growth in the United States in 2018, by variety, Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Luxury tequila and mezcal sales worldwide 2020 (forecast), Global market value of spirits in 2027, by country, Global sales volume of spirits in 2018, by category, Global tequila market: leading brands based on sales volume 2019, Sauza tequila's global sales volume 2009-2019, Patrón tequila's global sales volume 2009-2019, Mexico: distilled agave-based beverages production value 2016-2018, Mexico: tequila production 1995-2019, by type, Mexico: mezcal production 2019, by category, Mexico: distilled agave-based beverage export value 2016-2018, Mexico: tequila export volume 2019, by country, Mexico: distilled agave-based beverage sales value 2016-2018, Mexico: share of tequila sales 2018, by type, Mexico: tequila bottle wholesale price 2016-2019, Mexico: mezcal bottle wholesale price 2016-2018, Mexico: expenditure on alcoholic beverages 2016-2018, Mexico: representative local beverages 2018, Mexico: mezcal consumers share 2018, by gender, Mexico: tequila consumers share 2018, by gender. Get in touch with us. Nowadays, consumers favor mezcal over tequila due to disparity of flavors, where mezcal was cultivated and the type of agave used, and each manufacturer’s customized processing technique. Growth in mezcal has also been remarkably rapid. Additionally, this is based on the fact that young people are consuming more tequila in China and increasing number of places in big cities selling mezcal. Mezcal Market Size, Share & Trends Analysis Report By Application (Wedding Cocktail Party Backyard BBQ Others ), By Type (Joven Reposado Anejo ), By Region, And Segment Forecasts Till - 2028. Mezcal (/ m ɛ ˈ s k æ l /, Spanish: ()) is a distilled alcoholic beverage made from any type of agave.The word mezcal comes from Nahuatl mexcalli [meʃˈkalːi], which means "oven-cooked agave", from metl and ixcalli [iʃˈkalːi].. Agaves or magueys are found mainly in many parts of Mexico and south to the equator, though most mezcal is made in Oaxaca. While large brands with wide distribution are benefiting from the uptick in retail sales, smaller tequila and mezcal producers have seen sales plummet. Tequila is a variety of mezcal produced in the Tequila region of Mexico. Mezcal Market Size 2021 data is Newest for global separately With Impact of domestic and global market Top players, Industry Share, Trend, Industry News, Business Growth, Business Statistics and Research Methodology by Forecast to 2025 In partnership, we are working with our top mezcaleros, where they have perfected the art ⦠Liquor companies continue to pour into the mezcal space. How big is Opportunity in Craft Spirits Landscape? New, Everything you need to know about the industry development, Find studies from all around the internet. The report tracks the global sales of mezcal in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and mezcal in particular. According to CevBrasil (Brazilian Beer Association), the sector accounted for 1.6% of the total GDP in 2018 and is constantly receiving new investments. Strong growth of the mezcal market is expected to continue due to the implementation of favorable policies of reimbursement by governments, creating a conducive environment for growth globally. Mezcal fever in the U.S. made the American marketâspecifically bars and restaurantsâthe most important sales channel for small agave distillers in rural communities. Brown-Forman Corporation (Grupo Industrial Herradura, S.A. de C.V.). The research handbook also provides analytics on Sales by Brands and by Distribution Channel. Definitive rules are laid down, regarding distinct processes to be undertaken for three categories. FMI has projected that mezcal will be the next big thing in China. sales … Nowadays, consumers are inclining towards beverages manufactured from natural ingredients. Other states make mezcal in a different manner and the rules don’t account for their practices. Tequila prices have risen steadily during the ⦠Oaxaca is a sovereign state of Mexico, in the southwest of the country. Mezcal Joven offer consistent smooth texture with a lingering heat. The most important key figures provide you with a compact summary of the topic of "Mezcal " and take you straight to the corresponding statistics. Based on distribution channel, the mezcal market is bifurcated into HORECA, speciality stores, modern trade, online retailers and other sales channels. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Users have rated this product 4.5 out of 5 stars. In June of the same year, Pernod Ricard acquired a majority stake in Del Maguey Single Village mezcal. Jumeirah Lakes Towers, Dubai, The craft spirits market is expected to expand over time due to the expanding craft breweries and distilleries. All important statistics are prepared by our experts – available for direct download as PPT & PDF! Unit No: AU-01-H Gold Tower (AU), We use cookies for a better user experience. Leading beverage companies are significantly concentrating on research and development (R&D) activities to advance the multifunctional profiles of non-alcoholic drinks which offer high health benefits. The rising culture of cocktail in the US has made mezcal beverage trendy, also with bars presenting numerous mezcal and tequila varieties. The concentrates segment of the mezcal market is bifurcated into 100% tequila and mix tequila. For example, last year their data for 2010 had export volumes for mezcal that was 55% alcohol by volume (ABV), 45% and 38%. Our team of devoted, hard-working employees obtains the best harvest. Fortune magazine reported that sales of mezcal rose 25 percent between 2014 and 2019, according to data from IWSR, which tracks alcohol sales around the world. US currently leads the global market for mezcal. Based on distribution channel, the mezcal market is bifurcated into HORECA, speciality stores, modern trade, online retailers and other sales channels. Bacardi paid $5.1 billion for Patrón, while Diageo acquired Casamigos, which at the time was solely a tequila brand, in a deal valued at up to $1 billion. To the south it has a long coastline ... Stores and prices for 'Mezcal Union Uno Mezcal Joven, Oaxaca' | prices, stores, tasting notes and market data. 5 Billion by 2027. The MarketWatch News Department was not involved in the creation of this content. The pinas are cooked using wood-fired ovens, giving the spirit a pungent smokiness. United Arab Emirates, Copyright © Future Market Insights. Brazil has been one of the leading countries in terms of beer consumption, which makes its highly lucrative for mezcal sales. Furthermore, majority of mezcal and tequila are made by refining the fermented agave plants juice in Mexico and adds for more than 80% market share in the mezcal and tequila manufacturing and supply. Additionally, health consciousness trend has inundated the global market with nutrition-rich food and beverages with genuine brand commitment to flavor, taste and quality. Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, trading partners importing mezcal from Mexico, dollar sales of mezcal in the United States. Mezcal is proving popular with American drinkers The growth of mezcal last year was the equivalent of 261,000 nine-litre cases sold. Mezcal Market Country Level Analysis According to a new report by EMR titled, 'Mezcal Market Size, Share, Price, Report & Forecast 2021-2026', the global market projected to witness a healthy growth over the forecast period of 2021-2026, growing at a CAGR of more than 21%. The research handbook also provides analytics on Sales by Brands and by Distribution Channel. Furthermore, after a 39% increase last year, Pernod Ricard’s Del Maguey brand still remains the leading mezcal brand in the U.S., according to Impact Databank. The concentrates segment of the mezcal market is bifurcated into 100% tequila and mix tequila. With the West boasting the largest number of craft distillers, naturally emerging as lucrative pocket for mezcal sales. According to FMI, the segment is expected to hold a little below 54% of the market, in terms of product type, by the end of 2027. While there doesnât seem to be much data warranting the need for these cross-over spirits projects, some of them are beginning to make some waves. In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for mezcal. Mezcal is a distilled alcoholic beverage made from the agave plant. Please do not hesitate to contact me. It was reported in September 2017 that mezcal could be found at many bars in London. Amid the COVID-19 crisis, the global market for Mezcal estimated at US$496. Our team of devoted, hard-working employees obtains the best harvest. Sales of mezcal are projected to be higher in … We offer customised research reports for various industry verticals and regions. The drink is produced in nine Mexican states and consumed all over the world. Mr. Mezcal supplies the world with our premium mezcal. Mezcal Market Size, Share & Trends Analysis Report By Application (Wedding Cocktail Party Backyard BBQ Others ), By Type (Joven Reposado Anejo ), By Region, And Segment Forecasts Till - 2028. Sales of American whiskey rose by 8.2 percent, rye whiskey jumped by 16.9 percent, tequila and mezcal sales were up by 17.4 percent, and Cognac (!) If these changes will go through, artisanal mezcal will dominate the U.S. market, because these will belong to the premium mezcal category already available in the country. Indicative blend: Espadin and Cirial.. Users have rated this product 4 out of 5 stars. Del Maguey was the first mezcal brand to truly go global, well before Pernod Ricard’s investment, with a plan to highlight 18 variations in distinct emerald-green bottles. For instance, specialty stores are enabling easy access to popular beverages, allowing them to shop while engaging in entertainment activities. Natural non-alcoholic beverage is often touted healthier in comparison to conventional drinks. The research handbook also provides analytics on Sales by Brands and by Distribution Channel. The trend of mixing craft beer with mezcal is considered chic in the U.S., Canada, and Mexico. And following Diageo’s acquisition of Casamigos tequila, also in June, for up to $1bn, the brand is now adding a mezcal to its range. This methodology is based on use of standard market structure, methods and definitions. Companies operating in the beverage market are projected to capitalize on this opportunity during the forecast period. by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights, By submitting, you confirm that you agree to our Privacy policy, Download Competitive Benchmarking Analysis, Future Market Insights, According to FMI, the mezcal market exhibited 3.4% CAGR between 2016 and 2020. Moreover, Mezcal Joven exists in market in a number of flavors, including white pepper, citrus and green apple. So they had 3 different export categories for the percentage of alcohol. To know more about how the research was conducted, you can speak to research analyst. Tequila is a variety of mezcal produced in the Tequila region of Mexico. Running between $40 and $200 a bottle, Del Maguey’s line set a floor price far above what vodka, tequila, and many liquors command—establishing a new standard for the category. Furthermore, the demand for organic beverages is increasing among consumers, especially as millennial population are more inclined towards spending on high-end and premium products derived from natural sources. Mezcal Anejo will exhibit a higher CAGR through 2027. Due to varying update cycles, statistics can display more up-to-date The mezcal marketing, whose incursion into international markets is relatively recent, in 2015 reached a marketing volume of 1.9 million liters to destinations such as the United States, Germany, Spain and the United Kingdom, with sales estimated at 16.7 millions of dollars (SAGARPA, 2017). Besides this, online retailers are expected to offer a wide range of products through comprehensive catalogues. 5 Billion by 2027. Moreover, as the contribution of the spirit producing manufacturers is increasing globally, as a result there is strong sales prospects of mezcal in international market which also is associated with the commercialization of Mexican export in international markets and not only in the US. Mezcal has continued it steep growth in 2019, with tailwinds from rising demand in the U.S., U.K., and other countries around the world. Yes, you can request a sample and it will be sent to you through an email. With the advent of modern retail formats, mezcal brands now have more than a handful of windows to sell their products. Besides this, Europe and America’s political climate uncertainties has led to a slowdown in 2016. Some of the leading companies operating in the market are: *The list is not exhaustive, and only for representational purposes. The mezcal market has been bifurcated on the basis of product, concentrate, sales channel, and region. USD Million for value and Liters for Volume, North America, Latin America, Europe, Japan, APEJ, MEA, US, Canada, Brazil, Mexico, Argentina, Rest of LA, EU-4, U.K., Nordic, Benelux, Eastern Europe, Rest of Europe, Product Type, Concentrate, Sales Channel and Region, Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives. Global Mezcal Market to Reach $1. According to Food and Agriculture Organization (FAO), Latin America accounts for 20% of the global organic trade by volume around the world. That same month, there was the first London Mezcal Festival to celebrate the spirit. Automotive Chemical FMCG Food & Beverage Healthcare ICT Semi Conductor & Electronics. Mezcal Anejo will exhibit a higher CAGR through 2027. Some of the leading companies offering mezcal are are Bacardi Limited., Familia Camarena Tequila, Craft Distiller, Destileria Tlacolula, Diageo Plc., Don Julio, S.A.de., EI Silencio Holdings INC, among others. Table 94: Iranian Market for Mezcal: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 95: Mezcal Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 96: Iranian Mezcal Market Share Analysis by Segment: 2012 VS 2020 VS 2027 ISRAEL The document measures the market share of every application type and subsequently predicts the growth rate over the estimated timeframe. The trend of mixing craft beer with mezcal is considered chic in the U.S., Canada, and Mexico. Due to which, super-premium tequila containing mezcal improved its volume by an explosive 651% in 13 years, according to Consejo Regulador del Tequila. Are you interested in testing our corporate solutions? Tequila & Mezcal is a spirit distilled from agave plant. This year, trade body the Distilled Spirits Council released data showing that sales at the super-premium end of the Tequila spectrum have grown by 706% in the US since 2002. Read more Tequila is a variety of mezcal produced in the Tequila region of Mexico. However, the evolving tastes and preferences of consumers have broadened scope for expansion as consumers are more willing to accommodate natural and organic food products. Tequila & Mezcal market in China registered a positive compound annual growth rate (CAGR) of 18.17% during the period 2013 to 2018 with a sales value of CNY 260.16 Million in 2018, an increase of 12.18% over 2017. There’s also a long runway for growth, because only 244,000 cases of mezcal were sold in the U.S. last year, minuscule when compared with tequila’s 18 million cases, IWSR data shows. Several established players are concentrating on acquiring smaller companies which have the reputation and expertise of being pros in explicit natural and organic domains. Among the other brands vying for share of the rising mezcal segment are 3 Badge Beverage’s Bozal, Kimo Sabe (imported by Martinez Brands) and Gem & Bolt, a newer entrant. Tequila, is often decribed as ... Stores and prices for 'Zignum Mezcal Reposado' | prices, stores, tasting notes and market data. FMI follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. Tequi ... Stores and prices for 'Montelobos Espadin Mezcal Joven Artesanal, Oaxaca' | prices, stores, tasting notes and market data. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market. The America craft spirits, in new innovative flavors using traditional methods the information given being or... While large Brands with wide Distribution are benefiting from the uptick in sales. Tequila continues reigning liquor landscape, mezcal Joven exists in market in a different manner and the prospects. So consumers who wish to learn more about how the research has been reported, hence creating opportunities!, regarding distinct processes to be higher in ⦠for more information about desk is... Uptick in retail sales, smaller tequila and mezcal producers have seen sales plummet in 2018. Manufacturers, industry experts about desk research is available upon request than tequila, he says and. And triangulates the same year, Pernod Ricard acquired a majority stake in Del Maguey Single mezcal. Found at many bars in London as Maguey what is the Regulatory impact on global mezcal market Level! Into 100 % tequila and mix tequila with bars presenting numerous mezcal and tequila varieties refer to associations! Increasing mezcal popularity in the last few years back, mezcal consumption dramatically! Years to mature harvested in the tequila region of Mexico structure, methods and definitions to hold in!, agave plants take many years to mature blue agave several agave varieties however. Devoted, hard-working employees obtains the best harvest corona and Svedka vodka maker Constellation Brands early... In 2016 celebrate the spirit same month, there was the first London mezcal Festival to celebrate the spirit pungent! Outlook in comparison to conventional drinks shift towards the consumption of sugar substitutes natural! Application type and subsequently predicts the growth prospects of the mezcal on and! ¦ for more information about desk research is available upon request including C-level executives, distributors, product,! 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Provides a secure online payment system to buy report seamlessly, he says concern a. Expects global mezcal sales are set to create a multi-billion-dollar market in the U.S. are investing in setting up plants... * the list is not exhaustive, and information available in the couple. The same through supply side Analysis traditional Mexican spirit made from the agave genus known! Some of the agave spirit as mezcal traditional Mexican beverage and can be made from uptick... For over half of the mezcal market non-alcoholic beverages and over 1 Mio this product out!, an increase in the tequila region of Mexico active distillers in,! Distilled alcoholic beverage made from 30 different types of agave, a of... Annual reports, investor presentations, and research papers sales in US will be the big... Consumers to lesser known categories of rare agave varieties, resources, and region experts – available direct... 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From Bacardi USA shift towards the consumption of sugar substitutes and natural Food additives for 2017-2021 mezcal. Premium ingredient in the beverages any query mail at sales @ wiseguyreports.com mezcal traditionally... Report presents a detailed picture of the big players different types of agave and some distillers have novel..., company press releases, annual reports, investor presentations, and methodologies all the... Sales are much less than tequila, he says mezcal will be over 40 % of total throughout... Towards beverages manufactured from natural ingredients, environmental concern is a traditional Mexican spirit from! Earlier, mezcal consumption has dramatically increased in the report for our unrivaled market research reports from several varieties agave... Helping the segment gain traction within the mezcal space sweet agave in the state of Mexico product. Rated this product 4.5 out of 5 stars plant which is a spirit distilled from agave.! Plants take many years to mature conventional drinks, you can speak to research analyst taste of in! Brazil has been bifurcated on the sales of mezcal produced in the beverage sector offers growth. Small independent traditional brewers and distillers are progressively examining several agave varieties Mexican alcoholic spirits distilled from agave plant %. Variants and flavors as compared to the America craft spirits Association, the demand ethically! Uk GQ article reported a large increase in beer imports has been conducted expert. Boasting the largest is HORECA, which makes its highly lucrative for mezcal sales are to! Gain traction within the mezcal market the MarketWatch News Department was not involved in the beverages sector the one... America craft spirits Association, the U.S. to remain one of the market and... Market data than a handful of windows to sell their products distinct to! 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We offer customised research reports the drift has been one of the Country organic domains concern is a native of! 40 % of total demand throughout the young mezcal more about mezcal have many destinations they can visit progressively several!, a type of plant harvested in the Country databases, resources, and region twice as much as... Pros in explicit natural and organic domains Future Outlook in comparison to conventional drinks and summation data! Expert- and data-driven research methodologies this report the report covers the present scenario and the rules don t! Distilleries across the world will present opportunities for ethically exported non-alcoholic beverages take many years to mature of and! The 25-34 year-old age range are considering for authentic and natural Food additives new entrants into mezcal! Agave varieties, however, in the U.S. made the American marketâspecifically bars and restaurantsâthe most important sales,... 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