Europe Mezcal Market Trends, Growth Top Manufacturers, Competitive Analysis And Development Forecast

Data Bridge Market Research analyses that the mezcal market is expected to reach a value of USD 517.89 million by 2029, at a CAGR of 23.7% during the forecast period

The universal Europe Mezcal Market research report has been organized with the most advanced insight and analysis to give maximum benefits to the Europe Mezcal Market industry. The report can be used by both established and new players in the industry for complete understanding of the market.  Besides, this marketing report also includes historic data, present and future market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The scope of an excellent Europe Mezcal Market report involves industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment.

All the data, statistics, and information composed in the top notch Europe Mezcal Market report has been studied and analyzed with the demonstrated tools and techniques such as SWOT analysis and Porter's Five Forces analysis. This industry report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, and gross margin. This market report acts upon systematic gathering, recording and analysis of data for the concerns linked to the marketing of goods and services and thereby serve the Europe Mezcal Market industry with an excellent market research report. Granular market information assembled in the significant Europe Mezcal Market report will be helpful to Europe Mezcal Market industry to take competent business decisions.

The different agave species used, which have a wide variety of terpene compounds, the ability to use agave leaves in mezcal fermentation, variations in the ripening stage of agave, cooking of agave that can be done in ground holes with burning wood and heated stones that produce furans and smoky volatiles and are retained in the agave, and some herbs or other natural materials (such as worms) can all contribute to the flavor differences between mezcal.

The increasing consumer demand for the mezcal beverage, positive outlook towards advanced and smart packaging solutions, and rise in the number of production units are propelling the demand of the mezcal market in the forecast period. However, the heavy taxation and duties and stringent rules and regulations are expected to hamper the mezcal market growth in the forecast period.

Data Bridge Market Research analyses that the mezcal market is expected to reach a value of USD 517.89 million by 2029, at a CAGR of 23.7% during the forecast period. The increasing consumer demand for the mezcal beverage, positive outlook towards advanced and smart packaging solutions, and rise in the number of production units are propelling the demand of the mezcal market. The mezcal market report also covers pricing analysis, patent analysis, and technological advancements in depth.         

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Market Definition

Mezcal is the name given to traditional distilled alcoholic beverages made in various rural areas of Mexico, from certain northern states up to south states, which is nahuatl mexcalli, "baked agave." These alcoholic beverages are made from the cooked stems of species of the genus Agave, also known as "maguey," which have fermented sugars. It is a traditional Mexican distilled beverage produced from the fermented juices of the cooked agave plant core. It is a type of distilled alcoholic beverage made from the cooked and fermented hearts, or piñas, of agave plants.

Some of the major players operating in the mezcal market are Davide Campari-Milano N.V., BACARDI, Craft Distillers, MADRE MEZCAL, Familia Camarena, Brown-Forman, Diageo, Pernod Ricard, WILLIAM GRANT SONS LTD, Rey Campero, Tequila Mezcal Private Brands S.A. de C.V., Destilería Tlacolula, El Silencio Holdings, INC., Sauza Tequila Import Company, Dos Hombres LLC. , Del Maguey, Wahaka Mezcal., BOZAL MEZCAL Sombra , Pensador Mezcal, Ilegal Mezcal among others.

Opportunities/ Challenges

  • GROWING POPULARITY OF PREMIUM AND LUXURY BEVERAGES

The ability to keep an eye on cholesterol levels and monitor blood sugar levels. The growth of the market is further fueled by the rise in disposable income and consumer spending power, both of which enhance consumer demand for a variety of goods. The demand for mezcal is rising due to the premiumization trend, encouraging the consumption of upscale alcoholic and non-alcoholic beverages. More than drinking alcohol is part of the premiumization trend. Among millennial customers, there is a developing demand for premium mezcal products. Due to the rising disposable income in developed nations like North America and Western Europe, they are willing to spend a lot of money on high-end and super-premium goods. Due to rising consumer disposable income per person and the economy's ongoing expansion, the market for high-end premium spirits increased by 5-6% annually in volume from 2019 to 2021.

The market is anticipated to expand over the forecast period as mezcal demand has grown dramatically over the last few years. The rising demand for premium mezcal is an opportunity for the growth of the Europe mezcal market.

  • RISING POPULARITY OF DRINKING HEALTHFUL, NON-ALCOHOLIC BEVERAGES

One of the most rapidly developing industries is the beverage industry, which involves making various drinks such as mezcal. The growing consumer awareness of using natural and organic components in food and drink is predicted to create a challenge in the growth rate of the mezcal industry in the future.

Many fermented foods and beverages contain ethyl carbamate (EC), a known genotoxic carcinogen. Ethyl carbamate is not only carcinogenic but also a known liver toxic agent in humans. Moreover, carbonated beverage consumption has been linked with kidney stones, all risk factors for chronic kidney disease. The increasing number of chronic liver and kidney diseases makes consumers aware of drinking healthfully. People today prefer more non-alcoholic beverages due to such health conditions.

Thus, the rise in chronic health conditions is making consumers aware of the use of non-alcoholic beverages, and this may act as a challenge to the growth of the market.

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Europe Mezcal Market Scope

The Europe mezcal market is segmented on the basis of product type, concentrate, price category, ABV content, year, packaging type, size, flavor type, producer type, product category, end user, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications. 

Product Type

  • Mezcal Espadin
  • Mezcal Joven
  • Mezcal Reposado
  • Mezcal Anejo
  • Mezcal Ensamble
  • Mezcal Arroqueño
  • Mezcal Tepeztate
  • Others

On the basis of product type, the Europe mezcal market is segmented into mezcal joven, mezcal reposado, mezcal anejo, mezcal espadin, mezcal tepztate, mezcal arroqueño, mezcal ensamble and others

CONCENTRATE

  • 100% Tequila
  • Mix Tequila

On the basis of concentrate, the Europe mezcal market has been segmented into 100% tequila and mix tequila.

PRICE CATEGORY

  • Premium
  • Standard
  • Economy

On the basis of price category, the Europe mezcal market has been segmented into premium, standard, and economy.

ABV CONTENT

  • 40% and above
  • Less than 40%

On the basis of ABV content, the Europe mezcal market has been segmented into below 40% and above and less than 40%.

YEAR

  • 18-24
  • 25-44
  • 45-64
  • 65+

On the basis of year, the Europe mezcal market has been segmented into 18-24 Years, 25-44 Years, 45-64 Years, and 65+ Years

PACKAGING TYPE

  • Bottle
  • Cans
  • Others

On the basis of packaging type, the Europe mezcal market has been segmented into bottle, cans, and others.

SIZE

  • 251-500 ml
  • 501-750 ml
  • 751-1000 ml
  • more than 100 ml

On the basis of size, the Europe mezcal market has been segmented into 251-500 ml, 501-750 ml, 751-1000 ml, more than 100 ml

FLAVOR TYPE

  • Plain/Original
  • Flavored

On the basis of flavor type, the Europe mezcal market has been segmented into plain/original and flavored.

PRODUCER TYPE

  • Microbrewery
  • Distillers
  • Brewpub
  • Contract brewing company
  • Regional craft brewery
  • Large brewery
  • Others

On the basis of producer type, the Europe mezcal market has been segmented into microbrewery, distillers, brewpub, contract brewing company, regional craft brewery, large brewery, and others

PRODUCT CATEGORY

  • Distillers mezcan
  • Handcrafted mezcan/ artisanal mezcan

On the basis of product category, the Europe mezcal market has been segmented into distillers mezcan and handcrafted mezcan

END-USE

  • Restaurants
  • Hotels bars
  • Café
  • Catering
  • Airlines
  • Household
  • Others

On the basis of end user, the Europe mezcal market has been segmented into Restaurants, Hotels bars, Café, Catering, Airlines, Household, and Others

DISTRIBUTION CHANNEL

  • Offline-trade
  • Online trade

On the basis of distribution channel, the Europe mezcal market has been segmented into offline trade and online trade.

Our market intelligence platform provides a range of benefits that will help you gain valuable insights and stay ahead in the market. By utilizing our platform, you can:

  • Identify emerging Global Global Europe Mezcal Market trends and dynamics
  • Access high-quality and accurate market intelligence
  • Benchmark your performance against competitors and industry standards
  • Explore competitive strategies and analyze market share
  • Discover regional market opportunities that may have been overlooked
  • Choose from multiple deliverable formats, including PDF, PPT, Excel, and an online dashboard

With our comprehensive market intelligence platform, you can easily access the information you need to make informed decisions and stay ahead of the competition.

Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) https://www.databridgemarketresearch.com/toc/?dbmr=europe-mezcal-market

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