Brazil Mezcal Market Size & Outlook, 2025-2031
Brazil Mezcal Market Size
According to Straits Research analysis, the Brazil Mezcal Market was valued at USD 13.44 Million in 2024 and is projected to reach USD 77.54 Million by 2031, expanding at a CAGR of 27.7% during the forecast period. The boom in demand can be attributed primarily to its wide applications in the beverage industry, especially in the preparation of traditional and exotic cocktails. Further, increased agricultural produce of agave, the primary ingredient in mezcal production, is a pivotal part of this growth trend. A shift towards eco-friendly, low-carbon production processes and sustainable farming is seen as a key future opportunity. Technological advancements and the potential for increased exports also offer promising avenues for market expansion. In sum, Brazil is strategically positioning itself to become a significant player in the global mezcal market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Mezcal Market Highlights
- By segment, Joven emerged as the largest Type in terms of market size in 2024.
- Reposado is anticipated to remain the most attractive Type segment, recording the fastest growth during the forecast period.
- As of 2024, Brazil held 2.39% of the global mezcal market size.
- By 2031, United States is anticipated to capture the largest share of the global mezcal market.
- In Latin America, Rest of Latin America is expected to lead the regional mezcal market size by 2031.
- Mexico will remain the fastest-growing market in Latin America, reaching USD 4707 Million by 2031.
Brazil Mezcal Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2031 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2031 |
| Market Size In 2024 | USD 13.44 Million |
| Market Size In 2031 | USD 77.54 Million |
| Largest segment | Joven |
| Fastest segment | Reposado |
| Units | Revenue in USD Million |
| CAGR | 27.7% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| Sales Channel |
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Brazil Mezcal Market By Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Mezcal Market By Sales Channel 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
