South & Central America Mezcal Market Forecast to 2030 - Regional Analysis - by Product Type, Category, and Distribution Channel

List of Tables

The South & Central America mezcal market is expected to grow from US$ 101.08 million in 2022 to US$ 161.57 million by 2030. It is estimated to record a CAGR of 6.0% from 2022 to 2030.

Increasing Demand for Craft Spirits Fuels South & Central America Mezcal Market

As consumers become more discerning and seek unique, authentic, and premium spirits, craft Mezcals have gained traction as a favored choice. One key advantage of this opportunity is the ability of craft Mezcal producers to differentiate themselves in a crowded market. For instance, brands such as "Mezcal Vago" and "Del Maguey" have gained recognition by emphasizing their artisanal production methods, unique flavor profiles, and direct relationships with local agave farmers. These producers are meeting the demand for quality and tapping into the growing trend of consumers wanting to connect with the stories and traditions behind their spirits.

Furthermore, the craft spirits movement has created a more diverse range of Mezcals available to consumers. Mezcal manufacturers are experimenting with different agave varietals, aging processes, and flavor infusions, offering consumers a broader spectrum of taste experiences. This diversity appeals to cocktail enthusiasts and collectors alike, enhancing the Mezcal market's overall appeal. The demand for craft spirits is expected to provide an opportunity for Mezcal producers to elevate their products, tell unique stories, and cater to consumers seeking authentic and premium alcoholic beverages.

South & Central America Mezcal Market Overview

The Rest of South & Central America includes Peru, Chile, costa Rica, Colombia, and others. These countries are witnessing good growth in the mezcal market due to the growing demand for natural and healthy products. With the increasing market penetration by the prominent market players, there is a growth opportunity for the mezcal market in these countries.

South & Central America Mezcal Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Mezcal Market Segmentation

The South & Central America mezcal market is segmented into product type, category, distribution channel, and country.

Based on product type, the South & Central America mezcal market is segmented into joven, reposado, anejo, and others. The joven segment held the largest share of the South & Central America mezcal market in 2022.

In terms of category, the South & Central America mezcal market is bifurcated into 100% agave and blend. The 100% agave segment held a larger share of the South & Central America mezcal market in 2022.

By distribution channel, the South & Central America mezcal market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the South & Central America mezcal market in 2022.

Based on country, the South & Central America mezcal market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated South & Central America mezcal market in 2022.

Bacardi Martini BV, Davide Campari Milano NV, Diageo Plc, Gente de Mezcal SA de CV, and Pernod Richard SA are some of the leading companies operating in the South & Central America mezcal market.

Product Code: BMIRE00030259

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Mezcal Market Landscape

4.1 Overview
4.3 Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of New Entrants
- 4.3.4 Intensity of Competitive Rivalry
- 4.3.5 Threat of Substitutes
4.4 Ecosystem Analysis
- 4.4.1 Raw Materials:
- 4.4.2 Manufacturing Process:
- 4.4.3 Distribution Channel:

5. South & Central America Mezcal Market - Key Industry Dynamics

5.1 Market Drivers
- 5.1.1 Increase in Demand for Luxury and Premium Beverages
- 5.1.2 Rise in Availability of Alcoholic Beverages on E-Commerce Platforms
5.2 Restraints
- 5.2.1 Stringent Regulations Sustainability and Authenticity
5.3 Opportunities
- 5.3.1 Increasing Demand for Craft Spirits
5.4 Future Trends
- 5.4.1 Flavor Innovations
5.5 Impact of Drivers and Restraints:

6. Mezcal Market - South & Central America Market Analysis

6.1 South & Central America Mezcal Market Overview
6.2 Mezcal Market Revenue (US$ Million), 2020 - 2030
6.3 Mezcal Market Forecast and Analysis

7. South & Central America Mezcal Market Analysis - Product Type

7.1 Joven
- 7.1.1 Overview
- 7.1.2 Joven Market Revenue and Forecast to 2030 (US$ Million)
7.2 Reposado
- 7.2.1 Overview
- 7.2.2 Reposado Market Revenue and Forecast to 2030 (US$ Million)
7.3 Anejo
- 7.3.1 Overview
- 7.3.2 Anejo Market Revenue and Forecast to 2030 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others Market Revenue and Forecast to 2030 (US$ Million)

8. South & Central America Mezcal Market Analysis - Category

8.1 100% Agave
- 8.1.1 Overview
- 8.1.2 100% Agave Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Blend
- 8.2.1 Overview
- 8.2.2 Blend Market Revenue, and Forecast to 2030 (US$ Million)

9. South & Central America Mezcal Market Analysis - Distribution Channel

9.1 Supermarkets and Hypermarkets
- 9.1.1 Overview
- 9.1.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Specialty Stores
- 9.2.1 Overview
- 9.2.2 Specialty Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Online Retail
- 9.3.1 Overview
- 9.3.2 Online Retail Market Revenue and Forecast to 2030 (US$ Million)
9.4 Others
- 9.4.1 Overview
- 9.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

10. South & Central America Mezcal Market - by Country Analysis

10.1 South & Central America
- 10.1.1 South & Central Mezcal Market Breakdown by Country
- 10.1.2 Brazil Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.2.1 Brazil Mezcal Market Breakdown by Product Type
  - 10.1.2.2 Brazil Mezcal Market Breakdown by Category
  - 10.1.2.3 Brazil Mezcal Market Breakdown by Distribution Channel
- 10.1.3 Argentina Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.3.1 Argentina Mezcal Market Breakdown by Product Type
  - 10.1.3.2 Argentina Mezcal Market Breakdown by Category
  - 10.1.3.3 Argentina Mezcal Market Breakdown by Distribution Channel
- 10.1.4 Rest of South & Central America Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.4.1 Rest of South & Central America Mezcal Market Breakdown by Product Type
  - 10.1.4.2 Rest of South & Central America Mezcal Market Breakdown by Category
  - 10.1.4.3 Rest of South & Central America Mezcal Market Breakdown by Distribution Channel

11. Company Profiles

11.1 Davide Campari Milano NV
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Gente de Mezcal SA de CV
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Bacardi-Martini BV
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Diageo Plc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Pernod Ricard SA
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments

12. Appendix