Latest Developments in Global Mezcal Market

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Latest Developments in Global Mezcal Market

  • Food & Beverage
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In August 2023, Nosotros Tequila and Mezcal announced a strategic partnership with Republic National Distributing Company (RNDC). This collaboration aims to enhance the distribution of agave spirits across various markets. By expanding RNDC's agave product portfolio, the partnership seeks to meet the growing consumer demand for premium agave spirits, fostering brand growth and increasing overall market presence
  • In June 2022, Madre Mezcal, a certified artisanal mezcal brand hailing from Mexico, introduced its ready-to-drink canned cocktail, ‘Desert Water.’ This refreshing beverage combines Madre Espadin mezcal with sparkling water, real fruit, and a selection of herbs and plants. The launch of this cocktail reflects a growing trend in the spirits industry, appealing to consumers looking for convenient yet high-quality cocktail options that maintain authentic mezcal flavor
  • In March 2022, Compañia Tequilera de Arandas S.A. de C.V.'s Lobos 1707, an ultra-premium tequila and mezcal brand, proudly announced its expansion into the Canadian market. The launch was celebrated with an official event in Toronto, marking a significant milestone for the brand. This strategic move not only enhances Lobos 1707’s international presence but also taps into the increasing demand for high-quality agave spirits among Canadian consumers
  • In January 2022, Diageo PLC, a global leader in alcoholic beverages, acquired the premium artisanal mezcal brand Mezcal Unión by purchasing Casa UM. This acquisition positions Diageo to broaden its mezcal offerings significantly. As one of the top mezcal producers, Mezcal Unión's unique product range will complement Diageo’s extensive portfolio, enhancing its market competitiveness in the growing mezcal segment
  • In August 2021, Diageo PLC announced its intention to acquire the artisan mezcal brand Mezcal Unión by purchasing Casa UM. This strategic acquisition is aimed at strengthening Diageo’s foothold in the growing mezcal market. By incorporating Mezcal Unión into its portfolio, Diageo seeks to leverage its marketing capabilities and distribution network to enhance brand visibility and accessibility in the competitive spirits landscape

Frequently Asked Questions

The market is segmented based on Segmentation, By Product Type (Mezcal Joven, Mezcal Reposado, Mezcal Anejo, Mezcal Espadin, Mezcal Tepztate, Mezcal Arroqueño, Mezcal Ensamble, And Others), Concentrate (100% Tequila And Mix Tequila), Price Category (Premium, Standard And Economy), ABV Content (40% And Above And Less Than 40%), Year (18-24 Years, 25-44 Years, 45-64 Years, 65+ Years), Packaging Type (Bottle, Cans, And Others), Size (251-500 Ml, 501-750 Ml, 751-1000 Ml, And More Than 100 Ml), Flavour Type (Plain/Original And Flavored), Producer Type (Microbrewery, Distillers, Brewpub, Contract Brewing Company, Regional Craft Brewery, Large Brewery, And Others), Product Category (Distillers Mezcan And Handicrafted Mezcan/Artisanal Mezcan), End User (Restaurants, Hotels And Bars, Café, Catering, Airlines, Household, And Others), Distribution Channel (Offline Trade And Online Trade) – Industry Trends and Forecast to 2031 .
The Global Mezcal Market size was valued at USD 5.22 USD Billion in 2023.
The Global Mezcal Market is projected to grow at a CAGR of 5.4% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.