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The Mexico tequila market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Tequila is an alcoholic beverage that is obtained from the fermented juice of the Mexican agave plant. It is often filtered through carbon filters in cold temperatures to remove the excess fatty compounds that give tequila a cloudy appearance. The moderate consumption of tequila is known to aid digestion, increase the probiotic levels, enhance the absorption of calcium and magnesium, and support the growth of healthful microbes in the intestines. In Mexico, tequila is a popular alcoholic beverage, especially among the young consumers who use it as a base for a wide variety of cocktails.
The Mexico tequila market is primarily driven by the premiumization of the product, the changing drinking habits of the consumer and the growing cocktail culture. The introduction of new variants produced with craft cocktails and natural ingredients like lemon, coconut, tangerine, strawberry, pineapple, mango, and pear is also propelling the growth of the market. As Mexico is the top producer of tequila, its inclusion in essential agricultural products has allowed continuous production and non-disrupted supply. As a result, there have been increasing exports of tequila to the US, Russia and Germany, which is providing a significant impact on the market growth. Moreover, the large production of tequila in Mexico provides cost-benefit to consumers, thereby increasing its demand across the country.
IMARC Group provides an analysis of the key trends in each sub-segment of the Mexico tequila market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on product type, purity, price range and distribution channel.
Breakup by Product Type:
Breakup by Purity:
Breakup by Price Range:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Purity, Price Range, Distribution Channel, Region|
|Region Covered||North, Center, West, East|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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