(Entertainment-NewsWire.com, September 28, 2014 ) Dallas, TX -- Tequila is a distilled beverage made from blue agave plant located in the Mexican city of Tequila. It usually has an alcohol content of 38-40 percent by volume. Tequila accounts for a very small share in the Global Alcohol industry; however, the demand for the tequila is rising rapidly. In 2013, the Global Tequila market was dominated by the US in terms of volume as well as revenue. The market was driven by the demand for premium tequila and the increased plantation of agave in the past. Tequila is popular among youngsters and women as a status quo, for rejuvenation, and for various flavors. However, rising raw material prices is expected to limit the market’s growth in the future.
Analysts forecast the Global Tequila market to grow at a CAGR 2.51 percent and 2.34 percent in terms of revenue and volume, respectively, over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Tequila market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from the retail sales of tequila and the consumption of tequila in liters.
Global Tequila Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes the landscape of the Global Tequila market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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