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North America Tequila Market by Type (Tequila Blanco, Tequila Reposado, Tequila Anejo, Tequila Joven), by Price Range (Premium, Economy), by Distribution Channel (B2B, B2C): Opportunity Analysis and Industry Forecast, 2021-2031

A21077

Pages: 121

Charts: 62

Tables: 53

Tequila is a sort of mezcal, a distilled alcohol made form heaven agave plant. The agave is native to Mexico and is grown and gathered specifically in the areas of Jalisco, Nayarit, Guanajuato, Michoacan, and also Tamaulipas, where it is then fermented and also distilled. Tequila is highly identifiable today as a typical spirit found in bars, restaurants as well as off-premise alcohol shops and has become a preferred beverage of option for youths searching for an unique and also flavor-full beverage to appreciate. North America holds a substantial market share for tequila intake as well as is expected to expand as a result of its vast selection of offerings and boosting customer acceptance.



A raising fad towards distilled spirits due to their flavor as well as strong sensory influence, distilled spirits such as tequila are in high need. This is specifically real in the Millennial (aged 18-24) and also Gen Z (aged 25-34) demographic, who usually view the spirit as a luxurious product to be appreciated. This has brought about an increase in sales as well as production of tequila within North America, as more and more customers are choosing the unique taste profiles connected with the beverage. Unlike various other distilled spirits, tequila is naturally low in sugar content as well as has numerous minerals and vitamins, such as Vitamin C as well as calcium. This has made the spirit a prominent choice for those aiming to indulge while also dealing with their health. This aspect is most likely to drive the growth of tequila within the region in the coming years.

[TYPEGRAPH]

The tax obligations and also guidelines troubled distilled spirits are quite reduced, allowing for a far more consumer-friendly market than with other alcohols. This has actually led to a wealth of more affordable, a lot more obtainable tequilas available to be bought.

[PRICERANGEGRAPH]

In spite of greater need for costs tequilas, the beverage is still extensively viewed as an affordable, low-end drink, offering it a little a stigma. This understanding has actually created many individuals to select various other spirits, such as bourbon and rum, rather than tequila. In addition, the minimal availability of certain tequila brand names can be a major restriction to the market. This lack of availability is frequently because of the fact that the best-quality tequilas are produced in restricted batches, making them more costly as well as tough ahead by.
[DISTRIBUTIONCHANNELGRAPH]

Tequila is typically connected with adverse behaviors, such as extreme alcohol consumption and also rowdiness. This has actually triggered many people to avoid consuming alcohol the drink and has actually consequently brought about a stagnancy in sales.

Specialty tequila galleries as well as restaurants have actually acquired popularity in recent times as a way to showcase and celebrate the different sorts of tequila offered. These facilities typically supply sampling solutions, permitting clients to sample a series of tequilas without having to purchase. This is a terrific way to boost the sale of tequila by providing customers with an unique experience. Moreover, marketing campaign targeting the millennial demographic can aid to raise the presence as well as an understanding of tequila as a quality drink. By involving with influencers, funding occasions, and also producing content, brand names can boost the value of their product as well as maximize the pattern in the direction of spirits consumption.

The increasing demand for tequila has actually opened chances for companies to increase right into new markets. This can be achieved via the establishing of distribution centers in various regions or the launch of a brand-new product targeting a certain group.

[COUNTRYGRAPH]

The tequila market is segmented into product type, price range, distribution channel, and region. On the basis of product type, the tequila market is segregated into tequila blanco, tequila reposado, tequila anejo and tequila joven. By price range, it is classified into premium and economy. Depending on distribution channel, it is categorized into B2B and B2C.

Flavorful tequilas are ending up being progressively popular, with numerous brand names using a variety of flavors. These consist of spicy, fruity, and also natural selections, with some brand names likewise supplying non-alcoholic versions.Sales of high-end tequilas, such as aged and book, have actually seen solid growth over the past few years. This is largely due to their unique taste profiles, as well as an enhancing variety of consumers who can afford to acquire them.
 

Key Benefits For Stakeholders

  • The report provides a comprehensive analysis of the current market estimations through 2021-2031, which would enable the stakeholders to capitalize on prevailing market opportunities.
  • Major countries are mapped according to their revenue contribution to the north america tequila market.
  • In-depth analysis of the north america tequila market segmentation assists to determine the prevailing market opportunities.
  • Identify key players and their strategic moves in north america tequila market.
  • Assess and rank the top factors that are expected to affect the growth of north america tequila market.
  • Analyze the market factors in various countries and understand business opportunities.
  • Player positioning provides a clear understanding of the present position of key market players.

Key Market Segments

  • By Type
    • Tequila Blanco
    • Tequila Reposado
    • Tequila Anejo
    • Tequila Joven
  • By Price Range
    • Premium
    • Economy
  • By Distribution Channel
    • B2B
    • B2C
  • By Country
    • U.S.
    • Canada
    • Mexico


Key Market Players

  • Proximo Spirits
  • Casa Noble
  • La Gran Señora
  • Tequila Ocho
  • Jose Cuervo International
  • Milagro Tequila
  • Patrón Spirits International
  • Sazerac Company
  • Constellation Brands
  • Cazadores Tequila
  • CHAPTER 1: INTRODUCTION

    • 1.1. Report Description

    • 1.2. Key Market Segments

    • 1.3. Key Benefits to the Stakeholders

    • 1.4. Research Methodology

      • 1.4.1. Primary Research

      • 1.4.2. Secondary Research

      • 1.4.3. Analyst Tools and Models

  • CHAPTER 2: EXECUTIVE SUMMARY

    • 2.1. CXO Perspective

  • CHAPTER 3: MARKET OVERVIEW

    • 3.1. Market Definition and Scope

    • 3.2. Key Findings

      • 3.2.1. Top Impacting Factors

      • 3.2.2. Top Investment Pockets

    • 3.3. Porter’s Five Forces Analysis

    • 3.4. Market Dynamics

      • 3.4.1. Drivers

      • 3.4.2. Restraints

      • 3.4.3. Opportunities

    • 3.5. COVID-19 Impact Analysis on the market

  • CHAPTER 4: NORTH AMERICA TEQUILA MARKET, BY TYPE

    • 4.1. Overview

      • 4.1.1. Market Size and Forecast, By Type

    • 4.2. Tequila Blanco

      • 4.2.1. Market Share Analysis By Country

    • 4.3. Tequila Reposado

      • 4.3.1. Market Share Analysis By Country

    • 4.4. Tequila Anejo

      • 4.4.1. Market Share Analysis By Country

    • 4.5. Tequila Joven

      • 4.5.1. Market Share Analysis By Country

  • CHAPTER 5: NORTH AMERICA TEQUILA MARKET, BY PRICE RANGE

    • 5.1. Overview

      • 5.1.1. Market Size and Forecast, By Price Range

    • 5.2. Premium

      • 5.2.1. Market Share Analysis By Country

    • 5.3. Economy

      • 5.3.1. Market Share Analysis By Country

  • CHAPTER 6: NORTH AMERICA TEQUILA MARKET, BY DISTRIBUTION CHANNEL

    • 6.1. Overview

      • 6.1.1. Market Size and Forecast, By Distribution Channel

    • 6.2. B2B

      • 6.2.1. Market Share Analysis By Country

    • 6.3. B2C

      • 6.3.1. Market Share Analysis By Country

  • CHAPTER 7: NORTH AMERICA TEQUILA MARKET, BY COUNTRY

    • 7.1. Overview

      • 7.1.1. Market Size and Forecast By Country

    • 7.2. U.S.

      • 7.2.1. Market Size and Forecast, By Type

      • 7.2.2. Market Size and Forecast, By Price Range

      • 7.2.3. Market Size and Forecast, By Distribution Channel

    • 7.3. Canada

      • 7.3.1. Market Size and Forecast, By Type

      • 7.3.2. Market Size and Forecast, By Price Range

      • 7.3.3. Market Size and Forecast, By Distribution Channel

    • 7.4. Mexico

      • 7.4.1. Market Size and Forecast, By Type

      • 7.4.2. Market Size and Forecast, By Price Range

      • 7.4.3. Market Size and Forecast, By Distribution Channel

  • CHAPTER 8: COMPETITIVE LANDSCAPE

    • 8.1. Introduction

    • 8.2. Top winning strategies

    • 8.3. Product Mapping of Top 10 Player

    • 8.4. Competitive Dashboard

    • 8.5. Competitive Heatmap

    • 8.6. Top player positioning, 2021

  • CHAPTER 9: COMPANY PROFILES

    • 9.1. Patrón Spirits International

      • 9.1.1. Company overview

      • 9.1.2. Company snapshot

      • 9.1.3. Operating business segments

      • 9.1.4. Product portfolio

      • 9.1.5. Business performance

      • 9.1.6. Key strategic moves and developments

    • 9.2. Jose Cuervo International

      • 9.2.1. Company overview

      • 9.2.2. Company snapshot

      • 9.2.3. Operating business segments

      • 9.2.4. Product portfolio

      • 9.2.5. Business performance

      • 9.2.6. Key strategic moves and developments

    • 9.3. Constellation Brands

      • 9.3.1. Company overview

      • 9.3.2. Company snapshot

      • 9.3.3. Operating business segments

      • 9.3.4. Product portfolio

      • 9.3.5. Business performance

      • 9.3.6. Key strategic moves and developments

    • 9.4. La Gran Señora

      • 9.4.1. Company overview

      • 9.4.2. Company snapshot

      • 9.4.3. Operating business segments

      • 9.4.4. Product portfolio

      • 9.4.5. Business performance

      • 9.4.6. Key strategic moves and developments

    • 9.5. Sazerac Company

      • 9.5.1. Company overview

      • 9.5.2. Company snapshot

      • 9.5.3. Operating business segments

      • 9.5.4. Product portfolio

      • 9.5.5. Business performance

      • 9.5.6. Key strategic moves and developments

    • 9.6. Tequila Ocho

      • 9.6.1. Company overview

      • 9.6.2. Company snapshot

      • 9.6.3. Operating business segments

      • 9.6.4. Product portfolio

      • 9.6.5. Business performance

      • 9.6.6. Key strategic moves and developments

    • 9.7. Proximo Spirits

      • 9.7.1. Company overview

      • 9.7.2. Company snapshot

      • 9.7.3. Operating business segments

      • 9.7.4. Product portfolio

      • 9.7.5. Business performance

      • 9.7.6. Key strategic moves and developments

    • 9.8. Casa Noble

      • 9.8.1. Company overview

      • 9.8.2. Company snapshot

      • 9.8.3. Operating business segments

      • 9.8.4. Product portfolio

      • 9.8.5. Business performance

      • 9.8.6. Key strategic moves and developments

    • 9.9. Milagro Tequila

      • 9.9.1. Company overview

      • 9.9.2. Company snapshot

      • 9.9.3. Operating business segments

      • 9.9.4. Product portfolio

      • 9.9.5. Business performance

      • 9.9.6. Key strategic moves and developments

    • 9.10. Cazadores Tequila

      • 9.10.1. Company overview

      • 9.10.2. Company snapshot

      • 9.10.3. Operating business segments

      • 9.10.4. Product portfolio

      • 9.10.5. Business performance

      • 9.10.6. Key strategic moves and developments

  • LIST OF TABLES

  • TABLE 01. NORTH AMERICA TEQUILA MARKET, BY TYPE, 2021-2031 ($MILLION)
    TABLE 02. NORTH AMERICA TEQUILA MARKET, BY PRICE RANGE, 2021-2031 ($MILLION)
    TABLE 03. NORTH AMERICA TEQUILA MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)
    TABLE 04. NORTH AMERICA TEQUILA MARKET, BY COUNTRY, 2021-2031 ( $MILLION)
    TABLE 05. U.S. NORTH AMERICA TEQUILA MARKET BY TYPE 2021-2031 ($MILLION)
    TABLE 06. U.S. NORTH AMERICA TEQUILA MARKET BY PRICE RANGE 2021-2031 ($MILLION)
    TABLE 07. U.S. NORTH AMERICA TEQUILA MARKET BY DISTRIBUTION CHANNEL 2021-2031 ($MILLION)
    TABLE 08. CANADA NORTH AMERICA TEQUILA MARKET BY TYPE 2021-2031 ($MILLION)
    TABLE 09. CANADA NORTH AMERICA TEQUILA MARKET BY PRICE RANGE 2021-2031 ($MILLION)
    TABLE 10. CANADA NORTH AMERICA TEQUILA MARKET BY DISTRIBUTION CHANNEL 2021-2031 ($MILLION)
    TABLE 11. MEXICO NORTH AMERICA TEQUILA MARKET BY TYPE 2021-2031 ($MILLION)
    TABLE 12. MEXICO NORTH AMERICA TEQUILA MARKET BY PRICE RANGE 2021-2031 ($MILLION)
    TABLE 13. MEXICO NORTH AMERICA TEQUILA MARKET BY DISTRIBUTION CHANNEL 2021-2031 ($MILLION)
    TABLE 14. PATRÓN SPIRITS INTERNATIONAL: COMPANY SNAPSHOT
    TABLE 15. PATRÓN SPIRITS INTERNATIONAL: OPERATING SEGMENTS
    TABLE 16. PATRÓN SPIRITS INTERNATIONAL: PRODUCT PORTFOLIO
    TABLE 17. PATRÓN SPIRITS INTERNATIONAL: KEY STRATERGIES
    TABLE 18. JOSE CUERVO INTERNATIONAL: COMPANY SNAPSHOT
    TABLE 19. JOSE CUERVO INTERNATIONAL: OPERATING SEGMENTS
    TABLE 20. JOSE CUERVO INTERNATIONAL: PRODUCT PORTFOLIO
    TABLE 21. JOSE CUERVO INTERNATIONAL: KEY STRATERGIES
    TABLE 22. CONSTELLATION BRANDS: COMPANY SNAPSHOT
    TABLE 23. CONSTELLATION BRANDS: OPERATING SEGMENTS
    TABLE 24. CONSTELLATION BRANDS: PRODUCT PORTFOLIO
    TABLE 25. CONSTELLATION BRANDS: KEY STRATERGIES
    TABLE 26. LA GRAN SEÑORA: COMPANY SNAPSHOT
    TABLE 27. LA GRAN SEÑORA: OPERATING SEGMENTS
    TABLE 28. LA GRAN SEÑORA: PRODUCT PORTFOLIO
    TABLE 29. LA GRAN SEÑORA: KEY STRATERGIES
    TABLE 30. SAZERAC COMPANY: COMPANY SNAPSHOT
    TABLE 31. SAZERAC COMPANY: OPERATING SEGMENTS
    TABLE 32. SAZERAC COMPANY: PRODUCT PORTFOLIO
    TABLE 33. SAZERAC COMPANY: KEY STRATERGIES
    TABLE 34. TEQUILA OCHO: COMPANY SNAPSHOT
    TABLE 35. TEQUILA OCHO: OPERATING SEGMENTS
    TABLE 36. TEQUILA OCHO: PRODUCT PORTFOLIO
    TABLE 37. TEQUILA OCHO: KEY STRATERGIES
    TABLE 38. PROXIMO SPIRITS: COMPANY SNAPSHOT
    TABLE 39. PROXIMO SPIRITS: OPERATING SEGMENTS
    TABLE 40. PROXIMO SPIRITS: PRODUCT PORTFOLIO
    TABLE 41. PROXIMO SPIRITS: KEY STRATERGIES
    TABLE 42. CASA NOBLE: COMPANY SNAPSHOT
    TABLE 43. CASA NOBLE: OPERATING SEGMENTS
    TABLE 44. CASA NOBLE: PRODUCT PORTFOLIO
    TABLE 45. CASA NOBLE: KEY STRATERGIES
    TABLE 46. MILAGRO TEQUILA: COMPANY SNAPSHOT
    TABLE 47. MILAGRO TEQUILA: OPERATING SEGMENTS
    TABLE 48. MILAGRO TEQUILA: PRODUCT PORTFOLIO
    TABLE 49. MILAGRO TEQUILA: KEY STRATERGIES
    TABLE 50. CAZADORES TEQUILA: COMPANY SNAPSHOT
    TABLE 51. CAZADORES TEQUILA: OPERATING SEGMENTS
    TABLE 52. CAZADORES TEQUILA: PRODUCT PORTFOLIO
    TABLE 53. CAZADORES TEQUILA: KEY STRATERGIES
  • LIST OF FIGURES

  • FIGURE 01. NORTH AMERICA TEQUILA MARKET, 2021-2031
    FIGURE 02. SEGMENTATION OF NORTH AMERICA TEQUILA MARKET, 2021-2031
    FIGURE 03. TOP INVESTMENT POCKETS IN NORTH AMERICA TEQUILA MARKET (2022-2031)
    FIGURE 04. PORTER FIVE-1
    FIGURE 05. PORTER FIVE-2
    FIGURE 06. PORTER FIVE-3
    FIGURE 07. PORTER FIVE-4
    FIGURE 08. PORTER FIVE-5
    FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: NORTH AMERICA TEQUILA MARKET
    FIGURE 10. NORTH AMERICA TEQUILA MARKET,BY TYPE, 2021 ($MILLION)
    FIGURE 11. NORTH AMERICA TEQUILA MARKET,BY PRICE RANGE, 2021 ($MILLION)
    FIGURE 12. NORTH AMERICA TEQUILA MARKET,BY DISTRIBUTION CHANNEL, 2021 ($MILLION)
    FIGURE 13. U.S. NORTH AMERICA TEQUILA MARKET, 2021-2031( $MILLION)
    FIGURE 14. CANADA NORTH AMERICA TEQUILA MARKET, 2021-2031( $MILLION)
    FIGURE 15. MEXICO NORTH AMERICA TEQUILA MARKET, 2021-2031( $MILLION)
    FIGURE 16. TOP WINNING STRATEGIES, BY YEAR
    FIGURE 17. TOP WINNING STRATEGIES, BY DEVELOPMENT
    FIGURE 18. TOP WINNING STRATEGIES, BY COMPANY
    FIGURE 19. PRODUCT MAPPING OF TOP 10 PLAYERS
    FIGURE 20. COMPETITIVE DASHBOARD
    FIGURE 21. COMPETITIVE HEATMAP: NORTH AMERICA TEQUILA MARKET
    FIGURE 22. TOP PLAYER POSITIONING, 2021
    FIGURE 23. PATRÓN SPIRITS INTERNATIONAL: NET SALES, 2020-2022* ($MILLION)
    FIGURE 24. PATRÓN SPIRITS INTERNATIONAL: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 25. PATRÓN SPIRITS INTERNATIONAL: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 26. PATRÓN SPIRITS INTERNATIONAL: KEY EXECUTIVES
    FIGURE 27. JOSE CUERVO INTERNATIONAL: NET SALES, 2020-2022* ($MILLION)
    FIGURE 28. JOSE CUERVO INTERNATIONAL: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 29. JOSE CUERVO INTERNATIONAL: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 30. JOSE CUERVO INTERNATIONAL: KEY EXECUTIVES
    FIGURE 31. CONSTELLATION BRANDS: NET SALES, 2020-2022* ($MILLION)
    FIGURE 32. CONSTELLATION BRANDS: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 33. CONSTELLATION BRANDS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 34. CONSTELLATION BRANDS: KEY EXECUTIVES
    FIGURE 35. LA GRAN SEÑORA: NET SALES, 2020-2022* ($MILLION)
    FIGURE 36. LA GRAN SEÑORA: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 37. LA GRAN SEÑORA: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 38. LA GRAN SEÑORA: KEY EXECUTIVES
    FIGURE 39. SAZERAC COMPANY: NET SALES, 2020-2022* ($MILLION)
    FIGURE 40. SAZERAC COMPANY: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 41. SAZERAC COMPANY: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 42. SAZERAC COMPANY: KEY EXECUTIVES
    FIGURE 43. TEQUILA OCHO: NET SALES, 2020-2022* ($MILLION)
    FIGURE 44. TEQUILA OCHO: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 45. TEQUILA OCHO: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 46. TEQUILA OCHO: KEY EXECUTIVES
    FIGURE 47. PROXIMO SPIRITS: NET SALES, 2020-2022* ($MILLION)
    FIGURE 48. PROXIMO SPIRITS: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 49. PROXIMO SPIRITS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 50. PROXIMO SPIRITS: KEY EXECUTIVES
    FIGURE 51. CASA NOBLE: NET SALES, 2020-2022* ($MILLION)
    FIGURE 52. CASA NOBLE: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 53. CASA NOBLE: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 54. CASA NOBLE: KEY EXECUTIVES
    FIGURE 55. MILAGRO TEQUILA: NET SALES, 2020-2022* ($MILLION)
    FIGURE 56. MILAGRO TEQUILA: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 57. MILAGRO TEQUILA: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 58. MILAGRO TEQUILA: KEY EXECUTIVES
    FIGURE 59. CAZADORES TEQUILA: NET SALES, 2020-2022* ($MILLION)
    FIGURE 60. CAZADORES TEQUILA: REVENUE SHARE, BY SEGMENT, 2021 (%)
    FIGURE 61. CAZADORES TEQUILA: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
    FIGURE 62. CAZADORES TEQUILA: KEY EXECUTIVES

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