Market Overview:
The global agave liquor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into gold agave, silver agave, 100% traditional agave, aged agave and other types. Gold Agave accounted for a major share in terms of value in 2017 and is expected to maintain its dominance during the forecast period as well. On the basis of application, supermarkets/hypermarkets accounted for a major share in terms of value in 2017 and this trend is anticipated to continue during the forecast period as well.
Product Definition:
The definition of agave liquor is a distilled spirit made from the agave plant. Agave liquor is important because it is used to make tequila and mezcal, which are both popular spirits.
Gold Agave:
Gold agave is a plant that is native to Mexico and Central America. It has been used for centuries as a source of food, fiber, medicine and even as an ornamental specimen in many Mexican gardens. The Gold Agave can grow up to 10 feet tall with the base spread of 30 feet wide at maturity.
Silver Agave:
Silver agave is a unique type of tequila that is produced from the blue agave plant. It has high levels of antioxidants and low sugar content making it healthy for consumption. The liquor has become quite popular among health conscious consumers who are looking for alternatives to traditional alcohol drinks as well as those suffering from diabetes or obesity issues.
Application Insights:
The bar application segment led the global agave liquor market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The product has high demand among bars and pubs as it provides energy drinks with natural sweetness, which helps maintain sugar levels, without adding calories.
Agave liquor is also used in cocktails to provide body and taste enhancement properties to enhance consumer appeal. Consumers are gradually becoming aware of the health benefits associated with traditional spirits such as agave nectar, which are replacing artificial sweeteners such as sugar alcohols or High Fructose Corn Syrup (HFCS) in beverages consumed daily by them. This trend is expected to drive demand for agave liquors over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 6.8% over the forecast period, owing to increasing demand for agave-based liquors from Mexico and U.S. In addition, growing trend of cocktails among millennials is anticipated to drive regional product sales in near future.
Asia Pacific accounted for a significant share in global market due to rising consumption of spirits including vodka and gin among others across countries such as China, India, Japan.
Growth Factors:
- Increasing demand for premium agave liquors: The global market for agave liquor is witnessing a shift in preference towards premium products. This is attributable to the increasing awareness among consumers about the unique flavor and quality of these liquors.
- Growing popularity of cocktails: Agave liquor is being increasingly used in cocktails owing to its unique flavor profile and mixability with other spirits. This is providing a major impetus to the growth of the market.
- Rising demand from emerging markets: Emerging markets such as China, India, and Brazil are exhibiting high potential for growth in the agave liquor market due to their large population base and growing disposable incomes of consumers.
- Proliferation of craft distilleries: A rise in the number of craft distilleries is propelling innovation in product offerings, thereby driving growth in the agave liquor market .This has resulted in an increasein consumer preference for artisanal products over mass-produced ones . 5) Expanding distribution channels: A numberofdistributors are now stockingagavespirits owingto their rising popularityamongconsumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Agave Liquor Market Research Report
By Type
Gold Agave, Silver Agave, 100% Traditional Agave, Aged Agave, Other
By Application
Supermarkets/Hypermarkets, Departmental Stores, Speciality Stores, Online Retail, Bar, Food Service, Other
By Companies
Tequila Cuervo La Rojena (Jose Cuervo), 1800 Tequila, 1921 Tequila, 4 Copas, Agave Dos Mil, Aha Toro, Avion Tequila, Brown-Forman, Cabo Tequila, Campo Azul, Tequila Cuervo La Rojena (Jose Cuervo), Clase Azul, Compania Tequilera De Arandas, Corzo, Diageo, Dos Lunas, BORCO, El Jimador, Hacienda La Capilla, Juárez, Patrón, Pernod Ricard, Sauza, Sazerac Company, Tequila Arette, William Grant & Sons
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Agave Liquor Market Report Segments:
The global Agave Liquor market is segmented on the basis of:
Types
Gold Agave, Silver Agave, 100% Traditional Agave, Aged Agave, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets/Hypermarkets, Departmental Stores, Speciality Stores, Online Retail, Bar, Food Service, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tequila Cuervo La Rojena (Jose Cuervo)
- 1800 Tequila
- 1921 Tequila
- 4 Copas
- Agave Dos Mil
- Aha Toro
- Avion Tequila
- Brown-Forman
- Cabo Tequila
- Campo Azul
- Tequila Cuervo La Rojena (Jose Cuervo)
- Clase Azul
- Compania Tequilera De Arandas
- Corzo
- Diageo
- Dos Lunas
- BORCO
- El Jimador
- Hacienda La Capilla
- Juárez
- Patrón
- Pernod Ricard
- Sauza
- Sazerac Company
- Tequila Arette
- William Grant & Sons
Highlights of The Agave Liquor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gold Agave
- Silver Agave
- 100% Traditional Agave
- Aged Agave
- Other
- By Application:
- Supermarkets/Hypermarkets
- Departmental Stores
- Speciality Stores
- Online Retail
- Bar
- Food Service
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agave Liquor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agave liquor is a type of alcoholic beverage made from the nectar and juice of the agave plant.
Some of the key players operating in the agave liquor market are Tequila Cuervo La Rojena (Jose Cuervo), 1800 Tequila, 1921 Tequila, 4 Copas, Agave Dos Mil, Aha Toro, Avion Tequila, Brown-Forman, Cabo Tequila, Campo Azul, Tequila Cuervo La Rojena (Jose Cuervo), Clase Azul, Compania Tequilera De Arandas, Corzo, Diageo, Dos Lunas, BORCO, El Jimador, Hacienda La Capilla, Ju¡rez, Patr³n, Pernod Ricard, Sauza, Sazerac Company, Tequila Arette, William Grant & Sons.
The agave liquor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agave Liquor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agave Liquor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agave Liquor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agave Liquor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agave Liquor Market Size & Forecast, 2018-2028
4.5.1 Agave Liquor Market Size and Y-o-Y Growth
4.5.2 Agave Liquor Market Absolute $ Opportunity
Chapter 5 Global Agave Liquor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Agave Liquor Market Size Forecast by Type
5.2.1 Gold Agave
5.2.2 Silver Agave
5.2.3 100% Traditional Agave
5.2.4 Aged Agave
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Agave Liquor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Agave Liquor Market Size Forecast by Applications
6.2.1 Supermarkets/Hypermarkets
6.2.2 Departmental Stores
6.2.3 Speciality Stores
6.2.4 Online Retail
6.2.5 Bar
6.2.6 Food Service
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agave Liquor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agave Liquor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Agave Liquor Analysis and Forecast
9.1 Introduction
9.2 North America Agave Liquor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Agave Liquor Market Size Forecast by Type
9.6.1 Gold Agave
9.6.2 Silver Agave
9.6.3 100% Traditional Agave
9.6.4 Aged Agave
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Agave Liquor Market Size Forecast by Applications
9.10.1 Supermarkets/Hypermarkets
9.10.2 Departmental Stores
9.10.3 Speciality Stores
9.10.4 Online Retail
9.10.5 Bar
9.10.6 Food Service
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Agave Liquor Analysis and Forecast
10.1 Introduction
10.2 Europe Agave Liquor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Agave Liquor Market Size Forecast by Type
10.6.1 Gold Agave
10.6.2 Silver Agave
10.6.3 100% Traditional Agave
10.6.4 Aged Agave
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Agave Liquor Market Size Forecast by Applications
10.10.1 Supermarkets/Hypermarkets
10.10.2 Departmental Stores
10.10.3 Speciality Stores
10.10.4 Online Retail
10.10.5 Bar
10.10.6 Food Service
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Agave Liquor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agave Liquor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Agave Liquor Market Size Forecast by Type
11.6.1 Gold Agave
11.6.2 Silver Agave
11.6.3 100% Traditional Agave
11.6.4 Aged Agave
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Agave Liquor Market Size Forecast by Applications
11.10.1 Supermarkets/Hypermarkets
11.10.2 Departmental Stores
11.10.3 Speciality Stores
11.10.4 Online Retail
11.10.5 Bar
11.10.6 Food Service
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Agave Liquor Analysis and Forecast
12.1 Introduction
12.2 Latin America Agave Liquor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Agave Liquor Market Size Forecast by Type
12.6.1 Gold Agave
12.6.2 Silver Agave
12.6.3 100% Traditional Agave
12.6.4 Aged Agave
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Agave Liquor Market Size Forecast by Applications
12.10.1 Supermarkets/Hypermarkets
12.10.2 Departmental Stores
12.10.3 Speciality Stores
12.10.4 Online Retail
12.10.5 Bar
12.10.6 Food Service
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Agave Liquor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agave Liquor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Agave Liquor Market Size Forecast by Type
13.6.1 Gold Agave
13.6.2 Silver Agave
13.6.3 100% Traditional Agave
13.6.4 Aged Agave
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Agave Liquor Market Size Forecast by Applications
13.10.1 Supermarkets/Hypermarkets
13.10.2 Departmental Stores
13.10.3 Speciality Stores
13.10.4 Online Retail
13.10.5 Bar
13.10.6 Food Service
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agave Liquor Market: Competitive Dashboard
14.2 Global Agave Liquor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tequila Cuervo La Rojena (Jose Cuervo)
14.3.2 1800 Tequila
14.3.3 1921 Tequila
14.3.4 4 Copas
14.3.5 Agave Dos Mil
14.3.6 Aha Toro
14.3.7 Avion Tequila
14.3.8 Brown–Forman
14.3.9 Cabo Tequila
14.3.10 Campo Azul
14.3.11 Tequila Cuervo La Rojena (Jose Cuervo)
14.3.12 Clase Azul
14.3.13 Compania Tequilera De Arandas
14.3.14 Corzo
14.3.15 Diageo
14.3.16 Dos Lunas
14.3.17 BORCO
14.3.18 El Jimador
14.3.19 Hacienda La Capilla
14.3.20 Juárez
14.3.21 Patrón
14.3.22 Pernod Ricard
14.3.23 Sauza
14.3.24 Sazerac Company
14.3.25 Tequila Arette
14.3.26 William Grant & Sons
