World Tequila Market Analysed & Forecast by Infiniti Research in New Report Available at MarketPublishers.com29 Sep 2014 • by Natalie Aster
LONDON – Made from blue agave plant growing in the Mexican city of Tequila, tequila is a distilled beverage with an alcohol content of 38-40% by volume. This beverage holds a very small chunk of the world alcohol market. However, the global demand for tequila is increasing at a rapid pace. As of 2013, the US took lead in the tequila market in terms of revenue and volume. The major tequila market drivers include, expanding plantation of agave coupled with rapidly rising demand for premium tequila. Tequila is more popular amid the female population and also amid youngsters owing to a wide range of flavors. Meantime, the increasing raw material prices could pose a certain challenge for the further growth in world tequila market.
In terms of revenues, the world tequila industry is anticipated to post growth at a 2.51% CAGR in the next four years. As for volume, the overall market is predicted to see positive growth at a 2.34% CAGR during the same time period.
The top players in the global tequila market are Patron, Tequila Herradura, Sauza and Jose Cuervo. Other prominent tequila vendors include Sierra Tequila, Coralejo Tiple Distilato, Tequila Quiote, Hacienda La Capilla, Proximo Spirits, etc.
New research study “Global Tequila Market 2014-2018” prepared by Infiniti Research presents in-depth insights into the world tequila market landscape. The cutting-edge report covers the current market scenario as well as discusses the future growth prospects of the overall market.
The report gives updated data on the market size and revenues, touches upon the tequila consumption trends across the world and also sheds light on the retail sales trends. It contains a detailed market analysis, provides a comprehensive assessment of the key regional markets for tequila, describes the competitive environment and uncovers information on the leading market players. Moreover, the report offers extensive forecasts for the world tequila market performance through 2018.
Global Tequila Market 2014-2018
Published: September, 2014
Price: US$ 2,500.00
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- Global Specialty Polymers Market 2014-2018
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More new research studies by the publisher can be found at Infiniti Research page.