Global Mezcal Market Size
According to Straits Research analysis, The Global Mezcal Market was valued at USD 563.09 Million in 2024 and is projected to reach USD 2745.56 Million by 2031, expanding at a CAGR of 24.7% during the forecast period. Primary applications and industries driving demand for Mezcal include its use as a base for cocktails and as a standalone spirit in the beverage industry. Key propellants for growth include technological advancements in agriculture and distillation processes, chemicals, and energy sectors which significantly increase yield. The emerging trend of sustainable and green production methods is an opportunity for the Mezcal market. The potential for exportation, particularly in North America and Europe, presents a lucrative growth avenue. With these factors, countries like Mexico are keenly positioning themselves to capitalize on the growing global demand for Mezcal.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Mezcal Market Highlights
- Joven held the leading position among Type segments in 2024, based on market size.
- Reposado is projected to post the fastest growth rate, sustaining its position as the most attractive Type segment during the forecast horizon.
- As of 2024, Global held % of the global mezcal market size.
- By 2031, United States is anticipated to capture the largest share of the global mezcal market.
- In Global, North America is expected to lead the regional mezcal market size by 2031.
- Asia Pacific will remain the fastest-growing market in Global, reaching USD 215275.32 Million by 2031.
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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 563.09 Million |
| Market Size In 2031 |
USD 2745.56 Million |
| Largest segment |
Joven |
| Fastest segment |
Reposado |
| Units |
Revenue in USD Million |
| CAGR |
24.7% (2025-2031) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Region |
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
|
| Type |
- Joven
- Reposado
- Anejo
|
| Sales Channel |
- Hotel/Restaurant/Cafe (HORECA
- Speciality Stores
- Modern Trade
- Online Retailers
- Other Sales Channels
|
Global Mezcal Market By Region 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Mezcal Market By Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Mezcal Market By Sales Channel 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.