Mezcal is a traditional Oaxacan beverage made from distilled agave alcohol. Unlike tequila (which uses only blue agave), mezcal can be crafted from over 30 agave varieties, giving it diverse flavors smoky, earthy, or fruity. The production involves roasting agave hearts (piñas) in earthen pits, fermenting the juice, and distilling in clay or copper pots. Mezcal is distinctive due to its regional variances and artisanal methods. It’s often sipped neat but also used in cocktails. Protected by a Denomination of Origin (DO), authentic mezcal must come from designated Mexican regions. Its complexity and heritage have boosted its global popularity as a premium spirit. 

According to SPER market research, ‘Global Mezcal Market Size- By Product, By Category, By Distribution - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Mezcal Market is predicted to reach 2610.97 million by 2034 with a CAGR of 8.64%. 

Drivers: 

The market's strong expansion is being driven by consumer demand for flavored and distinctive agave spirits. Agave-based spirits are among the drink categories in the US that are growing at the highest rate, per the International Wines and Spirits Record Drinks Market Analysis. Younger customers are more willing to test new products, especially those that contain alcohol. Global demand for the product will also rise as a result of people's increased appetite for cocktails. The industry leaders are focusing on acquiring artisanal and premium manufacturers to expand their product offerings and strengthen their market positions. Bacardi Limited is a leading producer of ultra-premium artisanal mescal and one of the largest privately held global alcohol corporations in the world.

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Restraints: 

Manufacturers depend largely on raw materials, especially agave plants grown in Mexico. Mexico may not have enough raw resources to produce mezcal because to its lower agave plant cultivation area, which would hinder future market growth. Mezcal producers must use a lot of pesticides since they depend on single-crop farming and high-yield raw materials, which lowers genetic diversity. This procedure generates a lot of trash, particularly when vinasse is disposed of, which contaminates water and soil and causes ecological dead zones. Unpredictable weather patterns that impact the yield of agave plants, like irregular rainfall, high temperatures, and unfavorable conditions, also threaten the market and may prevent its growth. Mexico holds the dominant position in the global mezcal market, primarily because it is the birthplace and exclusive legal producer of authentic mezcal. Some significant market players are Bacardi Limited, Brown-Forman, Craft Distillers, Diageo PLC, El Silencio Holdings INC, Ilegal Mezcal SA, Lágrimas de Dolores, Mezcal Vago, Pernod Ricard SA and others. 

For More Information, refer to below link: –   

Mezcal Market Share

 
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