India Mezcal Market Size
According to Straits Research analysis, the India Mezcal Market was valued at USD 25.16 Million in 2024 and is expected to reach USD 133.59 Million by 2031, expanding at a CAGR of 26.2% during the forecast period. This growth is primarily driven by the beverage industry's demand, especially among the distilleries and exotic drink manufacturers, due to Mezcal's unique flavour and versatility. Furthermore, it's curious how the market captivates the tourism and hospitality sectors, increasing the appeal for international tourists. The emerging trend towards low-carbon and sustainable production methods is also influencing the Mezcal industry's momentum, alongside technological advances enhancing efficiency in Mezcal production. The significant export potential, demonstrated by India's efforts in enhancing farming practices for agave, signifies how India aims to position itself as a key player in the global Mezcal market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Mezcal Market Highlights
- By 2024, Joven represented the largest share of the Type market size.
- Reposado is expected to remain the key growth driver within Type, registering the fastest CAGR during the forecast period.
- In 2024, India accounted for 4.47% of the global mezcal market size.
- By 2031, United States is expected to lead the global mezcal market in terms of market size.
- Within Asia Pacific, China is projected to dominate the regional mezcal market size by 2031.
- India is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 58503 Million by 2031.
India 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 25.16 Million |
| Market Size In 2031 |
USD 133.59 Million |
| Largest segment |
Joven |
| Fastest segment |
Reposado |
| Units |
Revenue in USD Million |
| CAGR |
26.2% (2025-2031) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Type |
- Joven
- Reposado
- Anejo
|
| Sales Channel |
- Hotel/Restaurant/Cafe (HORECA
- Speciality Stores
- Modern Trade
- Online Retailers
- Other Sales Channels
|
India Mezcal Market By Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Mezcal Market By Sales Channel 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.