U.S. Tequila Market: Industry Analysis & Outlook (2018-2022) - Rise in Premiumisation to Drive the Market - ResearchAndMarkets.com

DUBLIN--()--The "U.S. Tequila Market: Industry Analysis & Outlook (2018-2022)" report has been added to ResearchAndMarkets.com's offering.

The report provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the U.S. market. The report profiles the key players of the market including Becle SAB de CV, Suntory Holdings Limited, Pernod Ricard and Brown Forman Corporation.

Mexico is the second largest consumer of tequila after the United States. Mexican law states that tequila can be produced in the state of Jalisco and limited municipalities in the states of Guanajuato, Michoacan, Nayarit and Tamaulipas.

Market Dynamics

Growth Drivers

  • Improvement in Economic Condition
  • Growing Hispanic Population
  • Increasing Popularity among Millennial Population
  • Increasing Urban Population
  • Rising Female Population

Key Trends & Developments

  • Rise in Premiumisation
  • Introduction of New Tequila Products
  • Rise in Cocktail Culture
  • Increasing Demand of Handcrafted Tequila

Challenges

  • Increasing Cannabis Consumption
  • Decrease in Agave Plantation

Key Topics Covered

1. Introduction

2. The U.S. Tequila Market

3. Market Dynamics

4. Competitive Landscape

5. Company Profiles

  • Becle SAB de CV
  • Brown Foreman Corporation
  • Pernod Ricard
  • Suntory Holdings Limited

For more information about this report visit https://www.researchandmarkets.com/research/mbq573/u_s_tequila?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Tequila

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Tequila