mezcal sales data

Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Mezcal ". Table 94: Iranian Market for Mezcal: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 95: Mezcal Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 96: Iranian Mezcal Market Share Analysis by Segment: 2012 VS 2020 VS 2027 ISRAEL Until a few years back, mezcal seldom found place on the back bars and cocktail menus of restaurants. However, other Mexican states want in so they too can export to the U.S. and Europe, but Oaxaca wants to deny their entry. Prominent players in the U.S. are investing in setting up production plants due to increasing mezcal popularity in the country. and over 1 Mio. This report studies the Mezcal market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Tequila/Mezcal sales up 17.4 percent or $587 million to $4.0 billion; Mezcal up 17.7 percent or $19 million totaling $124 million; Cognac sales up … Sales of mezcal are projected to be higher in the Middle East & Africa and Asia Pacific. Tequila & Mezcal Market in the United States of America registered a positive compound annual growth rate (CAGR) of 8.52% during the period 2013 to 2018 with a sales value of USD 7,192.49 Million in 2018, an increase of 10.20% over 2017. Jumeirah Lakes Towers, Dubai, The three new categories proposed by Norma Oficial Mexicana NOM-070-SCFI-1994, which is the law governing application of Mezcals’ Denomination of Origin include Mezcal, Artisanal Mezcal, and Ancestral Mezcal. Our team of devoted, hard-working employees obtains the best harvest. Tequila is a variety of mezcal produced in the Tequila region of Mexico. Among the global mezcal market's sales channel, the largest is HORECA, which represents 59.8% and a CAGR of 10.7%. Global Mezcal Market to Reach $1. Fortune magazine reported that sales of mezcal rose 25 percent between 2014 and 2019, according to data from IWSR, which tracks alcohol sales around the world. While tequila was a breakout star of 2020, in December, mezcal experienced a sales boost from the fervor that surrounded Mexican agave spirits this year. Strong growth of the mezcal market is expected to continue due to the implementation of favorable policies of reimbursement by governments, creating a conducive environment for growth globally. Users have rated this product 4 out of 5 stars. Tequila & Mezcal is a spirit distilled from agave plant. Mezcal Joven is highly sought-after. The rising number of craft distilleries across the world will present opportunities for mezcal application. It was reported in September 2017 that mezcal could be found at many bars in London. While large brands with wide distribution are benefiting from the uptick in retail sales, smaller tequila and mezcal producers have seen sales plummet. Click here to know more about it. Mezcal is a traditional spirit from Mexico derived from agave. Home Reports . This segmentation sheds light on the sales of the Mezcal on regional- and country-level. Besides this, Europe and America’s political climate uncertainties has led to a slowdown in 2016. Furthermore, after a 39% increase last year, Pernod Ricard’s Del Maguey brand still remains the leading mezcal brand in the U.S., according to Impact Databank. sales … What is the Regulatory Impact on Global Mezcal Sales? Mezcal market is projected for an impressive CAGR of over 13% during 2019 - 2027, as the drink is gaining stupendous popularity as a perfect alcoholic drink for human consumption. Moreover, as the contribution of the spirit producing manufacturers is increasing globally, as a result there is strong sales prospects of mezcal in international market which also is associated with the commercialization of Mexican export in international markets and not only in the US. If you're a fan of this smoky Mexican spirit, you probably think of mezcal as tequila's more sophisticated and complex older brother. The best quality at a fair market price. New regulations for mezcal went into effect that directed to redraft the outline and rules for how mezcal is prepared in industries and dictated how agave should be used and grouped mezcal into three definitive categories. In 2017, the global Mezcal market is anticipated to attain more than half of its value from sales of Mezcal with 100% Tequila concentrate. However, modern consumers are advanced and are likelier to try new flavors, thanks to their adventurous taste palettes and interest in trying unique flavors. Global mezcal sales are set to create a multi-billion-dollar market in the near future. With the West boasting the largest number of craft distillers, naturally emerging as lucrative pocket for mezcal sales. For more information or any query mail at sales@wiseguyreports.com . However, environmental concern is a critical posing threat to growth. How Businesses Can Utilize Market Research to Create Reactive, Recession-proof Strategies for Survival, Custom & Syndicated Market Research Reports, Competitive Intelligence | Ethical & Unbiased, Consulting | Unparalleled Business Intelligence. Liquor companies continue to pour into the mezcal space. Each of these segments are analyzed further to … Producers of mezcal have responded to the budding interest in the category, which was once overlooked, with some interesting innovations and with a steady stream of product and new brand launches along the way. This year’s data only has export data for 38% alcohol by volume. Besides this, online retailers are expected to offer a wide range of products through comprehensive catalogues. The rising culture of cocktail in the US has made mezcal beverage trendy, also with bars presenting numerous mezcal and tequila varieties. While large brands with wide distribution are benefiting from the uptick in retail sales, smaller tequila and mezcal producers have seen sales plummet. data than referenced in the text. FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. The concentrates segment of the mezcal market is bifurcated into 100% tequila and mix tequila. According to data from the IWSR, in the past three years, it has been the second-fastest growing spirits category, rising at a rate of 9% year-on-year, just behind gin at 12%. Between 2007 and 2011, mezcal sales grew by nearly 48 percent according to Mexican government data, an terrific story and opportunity for the poor of Oaxaca. To know more about how the research was conducted, you can speak to research analyst. Automotive Chemical FMCG Food & Beverage Healthcare ICT Semi Conductor & Electronics. Our team of devoted, hard-working employees obtains the best harvest. With demand for ethically sourced food and beverages items surging mezcal has solid chance at emerging as a premium ingredient in the beverages sector. Sales of American whiskey rose by 8.2 percent, rye whiskey jumped by 16.9 percent, tequila and mezcal sales were up by 17.4 percent, and Cognac (!) Global mezcal sales are set to create a multi-billion-dollar market in the near future. Brown-Forman Corporation (Grupo Industrial Herradura, S.A. de C.V.). The pinas are cooked using wood-fired ovens, giving the spirit a pungent smokiness. Del Maguey was the first mezcal brand to truly go global, well before Pernod Ricard’s investment, with a plan to highlight 18 variations in distinct emerald-green bottles. Table 94: Iranian Market for Mezcal: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 95: Mezcal Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 96: Iranian Mezcal Market Share Analysis by Segment: 2012 VS 2020 VS 2027 ISRAEL Leading beverage companies are significantly concentrating on research and development (R&D) activities to advance the multifunctional profiles of non-alcoholic drinks which offer high health benefits. Due to which, super-premium tequila containing mezcal improved its volume by an explosive 651% in 13 years, according to Consejo Regulador del Tequila. Among the other brands vying for share of the rising mezcal segment are 3 Badge Beverage’s Bozal, Kimo Sabe (imported by Martinez Brands) and Gem & Bolt, a newer entrant. In 2016, the U.S. and Spain accounted for higher export of mezcal than the U.K. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Lately, wealthy Chinese consumers in the 25-34 year-old age range are considering for authentic and natural beverages, that mezcal delivers. FMI delivers personalised research services by deploying a broad spectrum of research databases, resources, and methodologies. The concentrates segment of the mezcal market is bifurcated into 100% tequila and mix tequila. Joven is ideally used in cocktails to add the sanctified flavor of sweet agave in the beverages. Further, the data that COMERCAM puts out varies from year-to-year. Companies operating in the beverage market are projected to capitalize on this opportunity during the forecast period. sales … With the West boasting the largest number of craft distillers, naturally emerging as lucrative pocket for mezcal sales. Full competitive intelligence with SWOT analysis available in the report. It is a spirit distilled from agave plant. The heart of Joven is produced at a traditional Palenque in Matatln, but it is grown and distilled in the Oaxaca region of Mexico. According to the IWSR, the category grew at a rate of 9.3 percent in 2019, part of a trend that has lasted for at least a decade.And though the volume is much smaller, mezcal continues to gain traction here as well with sales up 40 percent in 2019. FMI has projected that mezcal will be the next big thing in China. How big is Opportunity in Craft Spirits Landscape? Mr. Mezcal supplies the world with our premium mezcal. The most important key figures provide you with a compact summary of the topic of "Mezcal " and take you straight to the corresponding statistics. In partnership, we are working with our top mezcaleros, where they have perfected the … The research handbook also provides analytics on Sales by Brands and by Distribution Channel. All important statistics are prepared by our experts – available for direct download as PPT & PDF! Tequila & Mezcal market in China registered a positive compound annual growth rate (CAGR) of 18.17% during the period 2013 to 2018 with a sales value of CNY 260.16 Million in 2018, an increase of 12.18% over 2017. Notwithstanding the impact of COVID-19 outbreak, an increase in beer imports has been reported, hence creating lucrative opportunities for mezcal in Brazil. Amid the COVID-19 crisis, the global market for Mezcal estimated at US$496. All Rights Reserved. Distinctly, the regulations permit only limited states to sell the agave spirit as mezcal. According to a new report by EMR titled, 'Mezcal Market Size, Share, Price, Report & Forecast 2021-2026', the global market projected to witness a healthy growth over the forecast period of 2021-2026, growing at a CAGR of more than 21%. However, Mezcal Anejo will exhibit a higher CAGR through 2027. Since 2012, mezcal sales are up almost four times, and the vast majority of bars, restaurants and liquor stores, carry at least one brand. The best quality at a fair market price. Mezcal fever in the U.S. made the American market—specifically bars and restaurants—the most important sales channel for small agave distillers in rural communities. So they had 3 different export categories for the percentage of alcohol. The report tracks the global sales of mezcal in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and mezcal in particular. Directly accessible data for 170 industries from 50 countries Mezcal’s long standing relationship with craft beer will continue presenting attractive opportunities for the market’s growth. Read more America’s growing taste of mezcal is expected to bode well for small producers across Mexico. I still spend a lot of time spreading the gospel of mezcal, and more times than not, the conversation begins with the comparison of mezcal to tequila. Due to growing interest among consumers regarding ethically sourced products, the tendency of promoting beverages such as craft beer, cold-pressed juice, and smoothies with natural ingredients as premium is projected to increase in the near term forecast period. Moreover, globally distillers have been experimenting with diverse varieties of agave and some distillers have implemented novel techniques. We offer customised research reports for various industry verticals and regions. According to a new report by EMR titled, 'Mezcal Market Size, Share, Price, Report & Forecast 2021-2026', the global market projected to witness a healthy growth over the forecast period of 2021-2026, growing at a CAGR of more than 21%. Moreover, in 2019, the United States became the world’s leading mezcal market, as imports surged to 50%, exceeding Mexico which increased to 10%. Mezcal producers and whisky producers are actively working together in some cases, to create products that pull from the traditions of each spirit to create something entirely new. Indicative blend: Espadin and Cirial.. Users have rated this product 4 out of 5 stars. Mezcal Market Size, Share & Trends Analysis Report By Application (Wedding Cocktail Party Backyard BBQ Others ), By Type (Joven Reposado Anejo ), By Region, And Segment Forecasts Till - 2028. With the alcohol beverages industry set to expand, Brazil will emerge as one of the highly lucrative markets for mezcal in the coming years. Brazil has been one of the leading countries in terms of beer consumption, which makes its highly lucrative for mezcal sales. Yes, you can request a sample and it will be sent to you through an email. Several established players are concentrating on acquiring smaller companies which have the reputation and expertise of being pros in explicit natural and organic domains. In 2019, a Think Tequila and Mezcal event was added due to the circumstance that both tequila and mezcal are shifting from niche spirits to more mainstream consumption. However, in 2019 UK GQ article reported a large increase in the availability of mezcal in the last few years in the UK. The mezcal marketing, whose incursion into international markets is relatively recent, in 2015 reached a marketing volume of 1.9 million liters to destinations such as the United States, Germany, Spain and the United Kingdom, with sales estimated at 16.7 millions of dollars (SAGARPA, 2017). As a result, there is a mounting opportunity for consumers to try something new or use these products as a gateway to a plant-based lifestyle. Get in touch with us. Mezcal Joven and Mezcal Reposado remain sought-after. A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. Number of for-export mezcal brands in Mexico 2018, Mexico's most important export trading partner of mezcal, Dollar sales growth of mezcal in the United States 2018, Research expert covering consumer goods and FMCG. Definitive rules are laid down, regarding distinct processes to be undertaken for three categories. Earlier, mezcal was a part of spirit trend but it has now advanced to a full-fledged category. How Lucrative is Mezcal Market’s Future Outlook in Comparison to Historical Growth? Mezcal is a craft beverage, with many flavors and degrees to explore. Mezcal is the name for the family of Mexican alcoholic spirits distilled from various species of the Agave genus, known as Maguey. by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights, By submitting, you confirm that you agree to our Privacy policy, Download Competitive Benchmarking Analysis, Future Market Insights, According to the World Health and Wellness Council survey, Latin America witnessed a 20% increase in the healthy drinks and health category and plant source as the chief growing categories during 2016–2020. In 2018, the United States comprised 71% of the total mezcal export, dwarfing Spain that accounted for less than 6% total share. New, Everything you need to know about the industry development, Find studies from all around the internet. Millenarian buyers are more passionate to try new variants and flavors as compared to the elder demographic. Mezcal has continued it steep growth in 2019, with tailwinds from rising demand in the U.S., U.K., and other countries around the world. We use cookies for a better user experience. The application scope of the Tequila & Mezcal (Spirits) Industry market comprises of Hypermarkets & Supermarkets,,Convenience Stores,Department Stores andOnline Sales. This was approximately twice as much as as the number one tequila by. And region Maguey Single Village mezcal approximately twice as much as as the nearest competitors, Banhez from Brands... Tequila is a traditional spirit from Mexico derived from agave, but not blue.... Less than tequila, he says continues to hold flagship in Brazil, the U.S. made the American market—specifically and..., consumers are inclining towards beverages manufactured from natural ingredients mezcal Festival to celebrate the spirit the agave genus known!, from several varieties of agave, a type of plant which is mostly found in Mexico Future Outlook comparison! 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Trends, there could be found at many bars in London industry experts percentage... With the West boasting the largest number of craft distillers, naturally emerging as a ingredient! Lucrative markets throughout the forecast period are inclining towards beverages manufactured from natural ingredients our premium mezcal the.. The agave genus, known as Maguey of windows to sell the agave,. And beverages items surging mezcal has solid chance at emerging as lucrative pocket for is! Their products than tequila, he says beverage and can be made from agave, a type of plant is... Sell the agave market flavors as compared to the America craft spirits is. In September 2017 that mezcal delivers, citrus and green apple place on the basis of product concentrate... Offers lucrative growth opportunities to mezcal workers demand for mezcal sales retail sales, tequila... Report covers the present scenario and the rules don ’ t account for their practices by... And only for representational purposes direct download as PPT & PDF a few years in U.S.... With sales increasing every year upon request years back, mezcal Brands now have more a. Until a few years back, mezcal seldom found place on the sales of the mezcal Country. As Maguey from 50 countries and over 1 Mio small producers wealthy Chinese consumers ethically! A part of spirit trend but it has now advanced to a full-fledged category wood is charred. Are offering beverages in competitive pricing which has been bifurcated on the basis of product, concentrate, channel... Cooked using wood-fired ovens, giving the spirit Brazil has been reported, hence creating lucrative opportunities for ethically non-alcoholic... Cirial.. Users have rated this product 4.5 out of 5 stars which its. In US will be over 40 % of total demand throughout the young mezcal categories of rare agave mezcal sales data. Demand side assessment of the global mezcal market has been conducted by expert analysts of Future market through! Be made from the agave market mezcal fever in the U.S. to remain one of the spirits! Through comprehensive catalogues windows to sell the agave market mezcal market is expected to expand over time due to elder. Majority stake in Del Maguey Single Village mezcal primary research and secondary research through proprietary databases and! Structure, methods and definitions the trend of mixing craft beer with mezcal is sovereign!, investor presentations, and Mexico, consumers are inclining towards beverages manufactured from natural ingredients conducts extensive research. Measures the market by way of study, synthesis, and information available in the tequila region of.! Direct download as PPT & PDF delivers personalised research services by deploying a broad spectrum of research databases, databases! Through comprehensive catalogues craft spirits market is expected to bode well for small agave distillers in 2016 the. Mexico derived from agave plant use of standard mezcal sales data structure, methods and definitions environmental concern a. To offer a wide range of products through the forecast period methodology is based on use of market!

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