Global Mezcal Market Size To Exceed USD 2240 Million by 2033: Industry Analysis Report

Global Mezcal Market Size To Exceed USD 2240 Million by 2033

According to a research report published by Spherical Insights & Consulting, The Global Mezcal Market Size is Expected to Grow from USD 1020 Million in 2023 to USD 2240 Million by 2033, at a CAGR of 8.18% during the forecast period 2023-2033.                         

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Mezcal Market Size, Share, and COVID-19 Impact Analysis, By Product (Joven, Reposado and Anejo), By Category (100% Agave and Blend), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.                                      

The mezcal market refers to the global industry centered around the production, distribution, and sale of mezcal, a traditional Mexican distilled alcoholic beverage made from various types of agave plants. Unlike tequila, which is made exclusively from blue agave, mezcal can be produced from multiple agave varieties, giving it a diverse range of flavours and artisanal characteristics. Moreover, the mezcal market is driven by rising global demand for craft and premium spirits, increasing consumer interest in authentic and artisanal beverages, and expanding cocktail culture. Health-conscious consumers are also drawn to mezcal's natural production process. Growing exports and marketing efforts highlighting mezcal’s heritage further boost market growth worldwide. However, restraints include limited agave supply due to long cultivation cycles, high production costs, and strict regulations on mezcal labeling and origin. These factors challenge scalability and hinder consistent global market expansion.

The viscose rayon segment accounted for the largest share of the global mezcal market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on product, the global mezcal market is divided into Joven, reposado, anejo. Among these, the viscose rayon segment accounted for the largest share of the global Mezcal market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to its affordability, widespread availability, and preference among consumers for its pure, unaged flavour profile. It is commonly used in cocktails and favored by both casual drinkers and mixologists, contributing to its dominant position in the mezcal segment.

The 100% agave segment accounted for a substantial share of the global mezcal market in 2023 and is anticipated to grow at a rapid pace during the projected period.

On the basis of the category, the global mezcal market is divided into 100% agave and blend. Among these, the 100% agave segment accounted for a substantial share of the global mezcal market in 2023 and is anticipated to grow rapidly during the projected period. This is due to a growing consumer preference for premium, authentic, and additive-free spirits. Its pure composition, traditional production methods, and rich flavour appeal to health-conscious and discerning drinkers, driving higher demand compared to blended mezcal products in global markets.

North America is projected to hold the largest share of the global mezcal market over the projected period. 

North America is projected to hold the largest share of the global mezcal market over the projected period. This is driven by strong consumer demand in the United States and Mexico. The region benefits from mezcal's cultural roots, the increasing popularity of craft spirits, and a growing trend toward premium and artisanal alcoholic beverages, particularly in urban and trend-forward markets.  

Europe is expected to grow at the fastest CAGR of the global mezcal market during the projected period.  This is driven by rising interest in craft and premium spirits, expanding cocktail culture, and increasing availability of imported mezcal. Countries like the UK, Germany, and Spain are witnessing growing consumer awareness and appreciation for authentic, small-batch, and traditionally produced alcoholic beverages.

Company Profiling 

Major vendors in the global mezcal market are Lenzing AG, Indo Rayon Utama Tbk, Yibin Grace Group, Eastman Chemical Company, Aditya Birla Group, Aoyang Technology, Kelheim Fibres GmbH, Bohi Industry, CHTC Helon, Sateri, Asia Pacific Rayon Limited, Fulida (Zhejiang Fulida Holding Co., Ltd.), Tembec, Inc., Grasim Industries Limited, Toray Industries Inc., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global mezcal market based on the below-mentioned segments:  

Global Mezcal Market, By Product

• Joven
• Reposado
• Anejo

Global Mezcal Market, By End-use

• 100% Agave
• Blend

Global Mezcal Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa