Tequila Market in US 2016-2020
About the Tequila Market in the US
NEW YORK, June 15, 2016 /PRNewswire/ -- 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.
Technavio's 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 Rojeña
- The Patrón 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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p02653547-summary/view-report.html
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