Mexico Mezcal Market Size & Outlook, 2025-2031
Mexico Mezcal Market Size
According to Straits Research analysis, the Mexico Mezcal Market was valued at USD 22.76 Million in 2024 and is projected to reach USD 132.99 Million by 2031, expanding at a CAGR of 27.9% during the forecast period. This surge is primarily fueled by the beverage industry's growing demand for superior quality mezcal. Key drivers behind market growth include the agriculture sector's advancements that are aiding the steady mezcal production, and the booming tourism industry promoting local beverages. Furthermore, emerging trends such as sustainable and low-carbon production methods align with worldwide demand for eco-friendly products, broadening market scope. Technological advancements in brewing techniques have also catalyzed the export potential of the product. Mexico, with its rich heritage of mezcal production, is ideally positioned to capitalise on this upward trajectory and strengthen its market stand further in the coming years.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico 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.
- In 2024, Mexico accounted for 4.04% of the global mezcal market size.
- By 2031, United States is expected to lead the global mezcal market in terms of market size.
- Within Latin America, Rest of Latin America is projected to dominate the regional mezcal market size by 2031.
- Mexico is identified as the fastest-growing market in Latin America, anticipated to reach USD 4707 Million by 2031.
Mexico 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 22.76 Million |
| Market Size In 2031 | USD 132.99 Million |
| Largest segment | Joven |
| Fastest segment | Reposado |
| Units | Revenue in USD Million |
| CAGR | 27.9% (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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Mexico Mezcal Market By Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Mezcal Market By Sales Channel 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
