Precision Business Insights has published a report on the global mezcal market, estimating its value at USD 5.5 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/mezcal-market

Market Definition:

The fermentation and distillation of the agave plant, often called maguey, produces mezcal, a classic distilled alcoholic beverage from Mexico. Since tequila is actually a particular kind of mezcal made exclusively from the Blue Weber agave in specific places, it is frequently referred to as the "father spirit" of tequila.

Drivers:
1) Rising global demand for premium and craft spirts.
2) Expansion of bar and restaurant industries.

The global mezcal market segmentation:

1) By Type: Agave (100%), Blends.
2) By Product: Joven, Anejo, Reposado Others.
3) By Distribution Channel: HoReCa, Specialty Stores, Super & Hyper Stores, Online Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the mezcal market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the mezcal market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Pernod Ricard (Del Maguey) Becle, S.A.B. de C.V. (400 Conejos) Diageo plc (Casamigos Mezcal) William Grant & Sons Ltd. (Montelobos) Bacardi Limited (Ilegal Mezcal) Mezcal Amores, Rey Campero, Mezcal Vago, Siete Misterios, El Silencio, Pierde Almas, Wahaka Mezcal, Alipús, El Jolgorio, Los Danzantes, Mezcal Union, Mezcal San Cosme, Mezcal Los Amantes, Koch El Mezcal, Bruxo Mezcal, Real Minero, Nuestra Soledad, Mezcaloteca, Mezcal Mitre, Dos Hombres Mezcal.

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