![Global tequila market](https://res.cloudinary.com/devmoveo/image/upload/v1705313662/skyquest/report/phpvcs6vx.jpg)
Report ID: SQMIG30C2130
Report ID:
SQMIG30C2130 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
90 |
Figures:
76
Due to the presence of significant players, the global tequila market is very competitive. As a way to get an advantage over rivals, players are now concentrating on releasing new products. New tastes have just entered the market and are being introduced as a result of cooperative agreements including mergers and acquisitions, joint ventures, and others. For instance, in April 2021, Bacardi's tequila brand Cazadores in the United States now includes a premix RTD. The 5.9 percent% alcohol by volume (abv) RTDs are available in a fiery margarita, margarita, and Paloma tastes. They are manufactured entirely from blue agave. The firm hopes to provide the consumer with an intelligently designed and contemporary on-the-go experience with the launch.
Top Players in Global Tequila Market
Tequila Market Recent Development
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REQUEST FREE CUSTOMIZATIONTequila Market size was valued at USD 8.99 billion in 2019 and is poised to grow from USD 9.5 billion in 2023 to USD 14.69 billion by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031).
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Report ID: SQMIG30C2130