The tequila market is booming with sales increasing year over year. The top brands are fighting for market share while new brands are entering the fray. Consumers are becoming more educated about tequila and are willing to pay more for premium brands. Tequila sales have been on the rise in the United States for the past few years.

The Global Tequila Market is expected to grow at a CAGR of roughly 4.1% over the next ten years and will reach USD 7.18 bn in 2028, from USD 4.78 bn in 2018, according to a new Market.us (Prudour Research) study.

According to the Distilled Spirits Council, Americans consumed nearly 71 million gallons of tequila in 2016, up from 66 million gallons in 2015. This trend shows no signs of slowing down, as tequila is now one of the most popular spirits in the country. The top brands in the tequila market are battling for supremacy. Jose Cuervo, the world’s largest producer of tequila, saw sales decline in 2017 after years of growth. Meanwhile, smaller brands like Casamigos and Herradura are gaining ground.

The global Tequila market has been surging in terms of value sales in the global market which is attributable to the rise in consumption rate of various kind products. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Tequila market sizes.

To understand Geography Trends, Download Sample Report Here: https://market.us/report/tequila-market/request-sample/

The global Tequila market is expected to draw growth due to numerous multinational and domestic organization. These organization are operating in different industries around the world that adopt tray packing machine as a part of their business strategies.

Moving ahead, the research literature conducts a country-wise analysis such as North America, South America, Europe , Asia-Pacific, The Middle East and Africa of the prominent regional contributors, so as to unearth the lucrative growth avenues for the ensuing years. It then deeply explores the competitive terrain with regards to the top organizations, as well as new and emerging participants in this business space.

Global Tequila Market: Key Players and Potential Buyers

Some of the top key players operating in the Tequila market are 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 and El Agave Artesanal.

Key Market Segments:
Type

100% Tequila
Mixto Tequila

Application

Corporate Hospitality
Government Reception
Family Dinner

Key regions divided during this report:

– The Middle East and Africa Tequila Market (Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa)

– North America Tequila Market (United States, Canada, Mexico)

– Asia Pacific Tequila Market (China, Korea, India, Southeast Asia)

– South America Tequila Market (Brazil, Argentina, Colombia)

– Europe Tequila Market (Germany, UK, France, Russia, Italy)

Key Questions Answered in the Report

1. What is a Tequila Market?

2. How big is the Tequila Market?

2. What is the market size of Tequila Market in 2031?

3. What is the key factor driving the Tequila Market?

4. Who are the leading companies in the Tequila Market?

5. Which region has the highest market share in the Tequila Market?

6. What was the value of the market in North America in 2021?

About us:
Market.US (Powered by Prudour Private Limited) specializes in in-depth market research and analysis and has been proving its mettle as a consulting and customized market research company, apart from being a much sought-after syndicated market research report providing firm. Market.US provides customization to suit any specific or unique requirement and tailor-makes reports as per request. We go beyond boundaries to take analytics, analysis, study, and outlook to newer heights and broader horizons. We offer tactical and strategic support, which enables our esteemed clients to make well-informed business decisions and chart out future plans and attain success every single time.

Communication contact:

Global Business Development Teams – Market.us

Market.us (Powered By Prudour Pvt. Ltd.)

Send Email: [email protected]

Address: 420 Lexington Avenue, Suite 300 New York City, NY 10170, United States

Tel: +1 718 618 4351

Website: https://market.us