Tequila Market Trends, Share, Growth and Forecast Till 2025

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Global Tequila

Market Research

Report and Forecast

2025

Report Edition: 2020

© 2020 IMARC All Rights Reserved

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Global Tequila Market Overview:

Tequila is a distilled alcoholic beverage manufactured from the Agave Tequilana plant. It is fermentedwith sweeteners, such as glucose and fructose, and contains artificial flavoring additives. The alcoholcontent, flavor, and color of tequila generally depend on the duration of the aging process. Consumingtequila in moderate quantity helps in digestion, improving probiotic levels, enhancing the absorption ofcalcium and magnesium, and supporting healthy microbes in intestines. This alcoholic beverage hasgained traction among the urbanized and millennial population as it is used as the main ingredient inseveral cocktails.

Tequila Market Trends

The prevalent trend of cocktail culture across the globe in both outside and in-house parties isaugmenting the global tequila market growth. Moreover, improving consumer living standardssupported by their inflating income levels have led to an increase in the sales of ultra-premium andexclusive handcrafted tequila variants worldwide. Additionally, the leading manufacturers areemphasizing on producing innovative variants using natural ingredients, such as lemon, coconuttangerine, strawberry, pineapple, mango, and pear, to expand their product portfolio.

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They are also offering canned tequila cocktails that allow on-the-go consumption of the beverage,thereby propelling the growth of the global tequila market.

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Tequila Market Segmentation:

Breakup by Product Type:

• Blanco• Joven• Mixto Gold• Reposado• Anejo• Extra Anejo

Breakup by Purity:

• 100% Tequila• 60% Tequila

Breakup by Price Range:

• Premium Tequila

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• Value Tequila• Premium and Super-Premium Tequila• Ultra-Premium Tequila

Breakup by Distribution Channel:

• Off-Trade• Supermarkets and Hypermarkets• Discount Stores• Online Stores• Others• On-Trade• Restaurants and Bars• Liquor Stores• Others

Breakup by Region:

• North America

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• Asia Pacific• Europe• Latin America• Middle East and Africa

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Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• Ambhar Tequila• Bacardi Limited• Beam Suntory, Inc. (Suntory Beverage & Food Ltd)• Brown–Forman• Diageo Plc• Dos Lunas

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• El Agave Artesanal• El Grado Tequila• Jose Cuervo• Tequila Arette

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A partial List of our ClientsWe are the trusted business partners to theworld's leading corporates, governments, andinstitutions

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