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 Brown-Forman Diageo Tequila Cuervo la Rojea The Patrn Spirits Company
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?
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz Mr. Nachiket Ghumare, Tel: +1-518-621-2074 USA-Canada Toll Free: 866-997-4948 Email: sales@researchmoz.us Follow us on LinkedIn @ http://bit.ly/1TBmnVG
