Tequila Market in US 2020-2024

Tequila Market in US 2020-2024

  • August 2020 •
  • 120 pages •
  • Report ID: 2653547 •
  • Format: PDF
Tequila market in US 2020-2024
The analyst has been monitoring the tequila market in US and it is poised to grow by 60.18 mn L during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on tequila market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current US market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of mergers and acquisitions, growing demand from millennials, and tax reduction. In addition, increasing number of mergers and acquisitions is anticipated to boost the growth of the market as well.
The tequila market in US analysis includes product segment and distribution channel segment

The tequila market in US is segmented as below:
By Product
• Premium tequila
• Super-premium tequila
• Value tequila
• High-end premium tequila

By Distribution channel
• On-trade
• Off-trade

This study identifies the growing demand from millennials as one of the prime reasons driving the tequila market in US growth during the next few years. will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our tequila market in US covers the following areas:
• Tequila market in US sizing
• Tequila market in US forecast
• Tequila market in US industry analysis