United States Tequila Market Report 2020-2024: Growing Demand from Millennials Driving Market Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Tequila Market in US 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The tequila market in US is poised to grow by 60.18 mn Liters during 2020-2024 progressing at a CAGR of 6% during the forecast period.

The report 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, an increasing number of mergers and acquisitions is anticipated to boost the growth of the market as well.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tequila market in US vendors that include Bacardi Ltd., Becle SAB de CV, Brown-Forman Corp., Campari America LLC, Constellation Brands Inc., Diageo Plc, Pernod Ricard SA, Suntory Holdings Ltd., Tequila 512, and William Grant & Sons Ltd.

Also, the tequila market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product by Volume

• Market segments
• Comparison by Product by volume
• Premium tequila - Market size and forecast 2019-2024 (million L)
• Super-premium tequila - Market size and forecast 2019-2024 (million L)
• Value tequila - Market size and forecast 2019-2024 (million L)
• High-end premium tequila - Market size and forecast 2019-2024 (million L)
• Impact of COVID-19 pandemic on the US market
• Market opportunity by Product by volume

Market Segmentation by Distribution channel by Volume

• Market segments
• Comparison by Distribution channel by volume
• On-trade - Market size and forecast 2019-2024 (million L)
• Off-trade - Market size and forecast 2019-2024 (million L)
• Market opportunity by Distribution channel by volume

Customer landscape

• Overview
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

Overview

Vendor landscape

Landscape disruption

Vendor Analysis

Vendors covered

Market positioning of vendors

• Bacardi Ltd.
• Becle SAB de CV
• Brown-Forman Corp.
• Campari America LLC
• Constellation Brands Inc.
• Diageo Plc
• Pernod Ricard SA
• Suntory Holdings Ltd.
• Tequila 512
• William Grant & Sons Ltd.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/518sgz