Mezcal is a distilled alcoholic spirit manufactured from the agave plant, which is native to Mexico. It has a distinctive and smoky flavour. There are 30 varieties of agave plant from which mezcal can be processed and manufactured.
Due to the COVID-19 pandemic, the global Mezcal market size is estimated to be worth US$ 212 million in 2021 and is forecast to a readjusted size of US$ 437 million by 2028 with a CAGR of 10.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Mezcal market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Mezcal landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The North Americas accounted for the maximum growth of the mezcal industry during 2017. The growing demand for mezcal and the rising export of mezcal products from Mexico drive the growth of the mezcal market in the US and other countries in the Americas. Moreover, the increasing number of supermarkets and hypermarkets and convenience stores also fuel the region’s contribution to the growth of the global mezcal market.
This report focuses on Mezcal volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Mezcal market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Mezcal Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Joven
Reposado
Anejo
Segment by Application
Wedding
Cocktail Party
Backyard BBQ
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
El Jolgorio
Ilegal Mezcal
Pernod Ricard
Diageo
Rey Campero
Tlacolula Distillery
William Grant & Sons