South & Central America Mezcal Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Product Type (Joven, Reposado, Anejo, and Others), Category (100% Agave and Blend), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)


No. of Pages: 65    |    Report Code: BMIRE00030259    |    Category: Food and Beverages

South & Central America Mezcal Market
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The South & Central America mezcal market is expected to grow from US$ 101.08 million in 2022 to US$ 161.57 million by 2030. It is estimated to record a CAGR of 6.0% from 2022 to 2030.

Increasing Demand for Craft Spirits Fuels South & Central America Mezcal Market

As consumers become more discerning and seek unique, authentic, and premium spirits, craft Mezcals have gained traction as a favored choice. One key advantage of this opportunity is the ability of craft Mezcal producers to differentiate themselves in a crowded market. For instance, brands such as "Mezcal Vago" and "Del Maguey" have gained recognition by emphasizing their artisanal production methods, unique flavor profiles, and direct relationships with local agave farmers. These producers are meeting the demand for quality and tapping into the growing trend of consumers wanting to connect with the stories and traditions behind their spirits.

Furthermore, the craft spirits movement has created a more diverse range of Mezcals available to consumers. Mezcal manufacturers are experimenting with different agave varietals, aging processes, and flavor infusions, offering consumers a broader spectrum of taste experiences. This diversity appeals to cocktail enthusiasts and collectors alike, enhancing the Mezcal market's overall appeal. The demand for craft spirits is expected to provide an opportunity for Mezcal producers to elevate their products, tell unique stories, and cater to consumers seeking authentic and premium alcoholic beverages.

South & Central America Mezcal Market Overview

The Rest of South & Central America includes Peru, Chile, costa Rica, Colombia, and others. These countries are witnessing good growth in the mezcal market due to the growing demand for natural and healthy products. With the increasing market penetration by the prominent market players, there is a growth opportunity for the mezcal market in these countries.

South & Central America Mezcal Market Revenue and Forecast to 2030 (US$ Million)

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South & Central America Mezcal Strategic Insights

Strategic insights for the South & Central America Mezcal provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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South & Central America Mezcal Report Scope

Report Attribute Details
Market size in 2022 US$ 101.08 Million
Market Size by 2030 US$ 161.57 Million
Global CAGR (2022 - 2030) 6.0%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Product Type
  • Joven
  • Reposado
  • Anejo
By Category
  • 100% Agave
  • Blend
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Bacardi Martini BV
  • Davide Campari Milano NV
  • Diageo Plc
  • Gente de Mezcal SA de CV
  • Pernod Richard SA
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    South & Central America Mezcal Regional Insights

    The geographic scope of the South & Central America Mezcal refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    South & Central America Mezcal Market Segmentation

    The South & Central America mezcal market is segmented into product type, category, distribution channel, and country.

    Based on product type, the South & Central America mezcal Market is segmented into joven, reposado, anejo, and others. The joven segment held the largest share of the South & Central America mezcal market in 2022.

    In terms of category, the South & Central America mezcal Market is bifurcated into 100% agave and blend. The 100% agave segment held a larger share of the South & Central America mezcal market in 2022.

    By distribution channel, the South & Central America mezcal market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the South & Central America mezcal market in 2022.

    Based on country, the South & Central America mezcal market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated South & Central America mezcal market in 2022.

    Bacardi Martini BV, Davide Campari Milano NV, Diageo Plc, Gente de Mezcal SA de CV, and Pernod Richard SA are some of the leading companies operating in the South & Central America mezcal market.

    The List of Companies - South & Central America Mezcal Market

    1. Bacardi Martini BV

    2. Davide Campari Milano NV

    3. Diageo Plc

    4. Gente de Mezcal SA de CV

    5. Pernod Richard SA

    Frequently Asked Questions
    How big is the South & Central America Mezcal Market?

    The South & Central America Mezcal Market is valued at US$ 101.08 Million in 2022, it is projected to reach US$ 161.57 Million by 2030.

    What is the CAGR for South & Central America Mezcal Market by (2022 - 2030)?

    As per our report South & Central America Mezcal Market, the market size is valued at US$ 101.08 Million in 2022, projecting it to reach US$ 161.57 Million by 2030. This translates to a CAGR of approximately 6.0% during the forecast period.

    What segments are covered in this report?

    The South & Central America Mezcal Market report typically cover these key segments-

    • Product Type (Joven, Reposado, Anejo)
    • Category (100% Agave, Blend)
    • Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail)

    What is the historic period, base year, and forecast period taken for South & Central America Mezcal Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Mezcal Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in South & Central America Mezcal Market?

    The South & Central America Mezcal Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Bacardi Martini BV
  • Davide Campari Milano NV
  • Diageo Plc
  • Gente de Mezcal SA de CV
  • Pernod Richard SA
  • Who should buy this report?

    The South & Central America Mezcal Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South & Central America Mezcal Market value chain can benefit from the information contained in a comprehensive market report.

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