DUBLIN, September 26, 2017 /PRNewswire/ --
The "Global Mezcal Market 2017-2021" report has been added to Research and Markets' offering.
The global mezcal market to grow at a CAGR of 21.71% during the period 2017-2021.
Global Mezcal Market 2017-2021, 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.
According to the report, one of the major drivers for this market is Rising exports of mezcal. The increasing value of exports, in terms of volume and revenue, is an encouraging sign for the mezcal market. Since the last five years, the mezcal exports from Mexico to other countries has grown significantly. In 2016, the total volume of mezcal exports from Mexico (2.7 million liters) grew by 30.6% in comparison to 2015. Whereas, in dollar terms, the value rose by 35% in comparison to 2015 and was billed at: $26.8 million. Currently, eight states of Mexico have the right to produce mezcal, with Oaxaca state being the leading one.
The latest trend gaining momentum in the market is Easy accessibility of products due to online retailing. With the increasing influence of e-commerce businesses worldwide, the vendors have immense opportunity to realize the huge market potential of their products. E-commerce trading accounts for approximately 12% of the global retail trade. Most of the e-commerce channels support both business-to-consumer (B2C) and business-to-business (B2B) operations.
Further, the report states that one of the major factors hindering the growth of this market is Distribution challenges. Supermarkets and big chains of discount and convenience stores have become important modes of distribution for mezcal manufacturers. However, this presents some serious challenges to the manufacturers, such as pressure regarding the prices and profit margins of the product, as retail stores operate at a lower profit margin.
- Destilera Tlacolula
- Ilegal Mezcal
- Pernod Ricard
- Pierde Almas
- William Grant & Sons
Other prominent vendors
- El Silencio Holdings
- El Tinieblo
- Fidencio Mezcal
- GEM & BOLT
- HEAVY MTL PREMIUM IMPORTS
- Lgrimas de Dolores
- Los Danzantes
- Mezcal Vago
- Mezcales de Leyenda
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product Type
Part 07: Market Segmentation By Geography
Part 08: Key Leading Countries
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/g49lp6/global_mezcal
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SOURCE Research and Markets