Tequila Market Size, Share & Trends Analysis Report by Forecast Period (2022-2028)

The global tequila market is anticipated to grow at a considerable CAGR of 6% during the forecast period. One of the key factors fueling market growth includes the growing competitiveness between the market players. As several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For instance, in April 2022, Diago launched Astral Tequila in the US, a super-premium tequila crafted with 100% blue weber agave. Diageo in the same timespan acquired Davos, Astral Tequila was part of that acquisition. However, the product launched has been reintroduced with a new recipe developed at a new distillery, which resulted in new liquid and new packaging. The 750ml bottle comes at a $35 price.

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Furthermore, in December 2021, Teremana, Dwayne Johnson’s ultra-premium, small-batch, handmade tequila launched Teremana Añejo. Teremana Añejo will be available in limited quantities throughout North America. Teremana Aejo has a 40% alcohol by volume (80 proof) and a suggested retail price of $39.99 for a 750ml bottle. It’s sold at liquor shops, bars, and restaurants around the United Places, as well as for internet delivery in states where it’s permitted. Teremana Tequila is distributed across the world by Mast-Jägermeister.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Global Tequila Market Report Segment

By Type

  • Blanco
  • Reposado
  • Anejo
  • Others

By Grade

  • Value
  • Premium
  • High-End Premium
  • Super-Premium

By Distribution Channel

  • On-Trade
  • Off-Trade

Global Tequila Market Report Segment by Region

North America

  • US
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global tequila market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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