Asia Pacific Mezcal Market Forecast to 2030 - Regional Analysis - by Product Type, Category, and Distribution Channel

List of Tables

The Asia Pacific mezcal market is expected to grow from US$ 305.73 million in 2022 to US$ 538.79 million by 2030. It is estimated to record a CAGR of 7.3% from 2022 to 2030.

Increasing Demand for Craft Spirits Boosts Asia Pacific 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.

Asia Pacific Mezcal Market Overview

The Rest of Asia Pacific includes Taiwan, Singapore, Malaysia, and Vietnam, among others. These countries have made significant growth in the spirit production sector. Moreover, the demand for a unique and premium spirit has increased in the Rest of Asian countries, leading to the market growth of mezcal.

Asia Pacific Mezcal Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Mezcal Market Segmentation

The Asia Pacific mezcal market is segmented into product type, category, distribution channel, and country.

Based on product type, the Asia Pacific mezcal Market is segmented into joven, reposado, anejo, and others. The joven segment held the largest share of the Asia Pacific mezcal market in 2022.

In terms of category, the Asia Pacific mezcal Market is bifurcated into 100% agave and blend. The 100% agave segment held a larger share of the Asia Pacific mezcal market in 2022.

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

Based on country, the Asia Pacific mezcal market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated Asia Pacific mezcal market in 2022.

Bacardi Martini BV, Davide Campari Milano NV, Diageo Plc, Pernod Richard SA, Proximo Spirits Inc, and Quiquiriqui Mezcal Ltd are some of the leading companies operating in the Asia Pacific mezcal market.

Product Code: BMIRE00030257

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. Asia Pacific 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. Asia Pacific 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 - Asia Pacific Market Analysis

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

7. Asia Pacific 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. Asia Pacific 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. Asia Pacific 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. Asia Pacific Mezcal Market - by Country Analysis

10.1 Asia Pacific Mezcal Market
- 10.1.1 Asia Pacific Mezcal Market Breakdown by Country
- 10.1.2 China Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.2.1 China Mezcal Market Breakdown by Product Type
  - 10.1.2.2 China Mezcal Market Breakdown by Category
  - 10.1.2.3 China Mezcal Market Breakdown by Distribution Channel
- 10.1.3 Japan Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.3.1 Japan Mezcal Market Breakdown by Product Type
  - 10.1.3.2 Japan Mezcal Market Breakdown by Category
  - 10.1.3.3 Japan Mezcal Market Breakdown by Distribution Channel
- 10.1.4 India Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.4.1 India Mezcal Market Breakdown by Product Type
  - 10.1.4.2 India Mezcal Market Breakdown by Category
  - 10.1.4.3 India Mezcal Market Breakdown by Distribution Channel
- 10.1.5 Australia Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.5.1 Australia Mezcal Market Breakdown by Product Type
  - 10.1.5.2 Australia Mezcal Market Breakdown by Category
  - 10.1.5.3 Australia Mezcal Market Breakdown by Distribution Channel
- 10.1.6 South Korea Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.6.1 South Korea Mezcal Market Breakdown by Product Type
  - 10.1.6.2 South Korea Mezcal Market Breakdown by Category
  - 10.1.6.3 South Korea Mezcal Market Breakdown by Distribution Channel
- 10.1.7 Rest of Asia Pacific Mezcal Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.7.1 Rest of Asia Pacific Mezcal Market Breakdown by Product Type
  - 10.1.7.2 Rest of Asia Pacific Mezcal Market Breakdown by Category
  - 10.1.7.3 Rest of Asia Pacific Mezcal Market Breakdown by Distribution Channel

11. Company Profiles

11.1 Quiquiriqui Mezcal Ltd
- 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 Davide Campari Milano NV
- 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
11.6 Proximo Spirits Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments

12. Appendix