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Tequila Market In US to grow at a CAGR of 3.67% by revenue during 2016-2020

Press Release   •   Jan 20, 2017 04:23 EST

About the Tequila Market in the US

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

Download Sample copy of Report at http://www.marketresearchreports.biz/sample/sample/729257

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?