According to the latest report by IMARC Group, titled “United States Tequila Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The United States tequila market is currently witnessing strong growth. the market is expected to exhibit robust growth during the forecast period (2021-2026).
Tequila is a distilled alcoholic beverage processed from the fermented juice of the Mexican agave weber plant. It contains alcohol, artificial additives for flavorings, and additional sweeteners, such as fructose and glucose. As it is gluten-free and low in sugar, calories, and carbohydrates, the moderate consumption of tequila helps in digestion, improving the absorption of magnesium and calcium, increasing probiotic levels, and supporting the growth of helpful microbes in the intestine.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The cocktail culture and trend of weekend parties, especially among the young and working professionals, represents one of the key factors driving the market in the United States.In addition, innovations offered by leading manufacturers, such as adding natural ingredients like strawberries, lemons, mango, pineapple, and coconut tangerine, are contributing to the market growth. Furthermore, the rising production of high-end premium products and affordable value variants is positively influencing the consumption of tequila in the country. The emergence of exclusive handcrafted variants is anticipated to strengthen the market growth.
Breakup by Product Type:
- Blanco
- Joven
- Mixto Gold
- Reposado
- Anejo
- Extra Anejo
Breakup by Purity:
- 100% Tequila
- 60% Tequila
Breakup by Price Range:
- Premium Tequila
- Value Tequila
- Premium and Super-Premium Tequila
- Ultra-Premium Tequila
Breakup by Distribution Channel:
- Off-Trade
- Supermarkets and Hypermarkets
- Discount Stores
- Online Stores
- Others
- On-Trade
- Restaurants and Bars
- Liquor Stores
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/united-states-tequila-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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