At A CAGR Of 3.67% , Tequila Market in US Industry will rise in the period of 2016-2020

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About the Tequila Market in the US

Tequila is distilled from the blue agave plant, which native to Mexico. It is made either from 51% or 100% agave, and the resultant spirit is priced accordingly. Tequila usually contains 38%-40% alcohol content depending on the government regulations or laws. The tequila market in the US accounts for a small market share in the global alcohol industry.

Technavios analysts forecast the tequila market in the US to grow at a CAGR of 3.67% by revenue during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the tequila market in the US for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of tequila in terms of revenue and volume.

Technavio’s report, Tequila Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Beam Suntory
Tequila Cuervo la Rojea
The Patrn Spirits Company

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Other prominent vendors
Arta Tequila
Cia Tequilera Los Valores
Hacienda La Capilla
Juarez Tequila
Pernod Ricard
Proximo Spirits
Borco International
Tequila Cazadores
Tequila Quiote

Market driver
Growing cocktail culture
For a full, detailed list, view our report

Market challenge
Availability of counterfeit products and adulterated drinks
For a full, detailed list, view our report

Market trend
New product launches
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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