The
mezcal market and it is poised to grow by USD 979.02
million during 2020-2024, progressing at a CAGR of over 24% during the forecast
period. The report offers an up-to-date analysis regarding the current market
scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Request for
Technavio's latest reports on directly and indirectly impacted markets. Market
estimates include pre- and post-COVID-19 impact on the Mezcal Market. Download free sample report
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. BECLE SAB DE CV, Craft Distillers,
Destilería Tlacolula, Diageo Plc, El Silencio Holdings Inc., Ilegal Mezcal,
Mezcal Amores, Pernod Ricard SA, Scorpion Mezcal, and William Grant & Sons
Ltd. are some of the major market participants. The demand for premium spirit
products will offer immense growth opportunities. To make the most of the opportunities,
market vendors should focus more on the growth prospects in the fast-growing
segments, while maintaining their positions in the slow-growing segments.
Demand for premium spirit products has been instrumental in driving the
growth of the market.
Mezcal Market 2020-2024: Segmentation
Mezcal Market is segmented as below:
■ Product
■ Mezcal Joven
■ Mezcal Reposado
■ Mezcal Añejo
■ Geography
■ North America
■ Europe
■ APAC
■ South America
■ MEA
Mezcal Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. Our mezcal market report
covers the following areas:
■ Mezcal Market Size
■ Mezcal Market Trends
■ Mezcal Market Industry Analysis
This study identifies the rising prominence of social media and
celebrity influencers as one of the prime reasons driving the Mezcal Market
growth during the next few years.
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