Global Mezcal Market 2024-2028

Global Mezcal Market 2024-2028

The mezcal market is forecasted to grow by USD 649.5 mn during 2023-2028, accelerating at a CAGR of 16.57% during the forecast period. The report on the mezcal market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for premium spirit products, increasing investment by international players, and increase in mezcal exports.

Technavio's mezcal market is segmented as below:

By Product

• Mezcal joven
• Mezcal reposado
• Mezcal anejo

By Distribution Channel

• Offline stores
• Online stores

By Geography

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the popularity of handcrafted, artisanal mezcal as one of the prime reasons driving the mezcal market growth during the next few years. Also, increasing use of alternative packaging and growing demand from millennials will lead to sizable demand in the market.

The report on the mezcal market covers the following areas:

• Mezcal market sizing
• Mezcal market forecast
• Mezcal market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mezcal market vendors that include BACK BAR PROJECT, BANHEZ SPIRITS COMPANY LLC, Becle SAB de CV, Campari Group, Craft Distillers, Destileria Tlacolula, Diageo Plc, DONA VEGA LLC, Dos Hombres Inc., El Silencio Holdings LLC, Ilegal Mezcal, Kimo Sabe Mezcal, Lagrimas de Dolores SPR de RL, Las Joyas del Agave SA de CV, Mezcal de Amor SAPI de CV, Mezcal Vago, Pernod Ricard SA, Rey Campero, and Scorpion Mezcal. Also, the mezcal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.