DUBLIN--(BUSINESS WIRE)--Jul 10, 2018--The "U.S. Tequila Market: Industry Analysis & Outlook (2018-2022)" report has been added to ResearchAndMarkets.com's offering.

The report provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the U.S. market. The report profiles the key players of the market including Becle SAB de CV, Suntory Holdings Limited, Pernod Ricard and Brown Forman Corporation.

Mexico is the second largest consumer of tequila after the United States. Mexican law states that tequila can be produced in the state of Jalisco and limited municipalities in the states of Guanajuato, Michoacan, Nayarit and Tamaulipas.

Market Dynamics

Growth Drivers

Improvement in Economic Condition Growing Hispanic Population Increasing Popularity among Millennial Population Increasing Urban Population Rising Female Population

Key Trends & Developments

Rise in Premiumisation Introduction of New Tequila Products Rise in Cocktail Culture Increasing Demand of Handcrafted Tequila

Challenges

Increasing Cannabis Consumption Decrease in Agave Plantation

Key Topics Covered

1. Introduction

2. The U.S. Tequila Market

3. Market Dynamics

4. Competitive Landscape

5. Company Profiles

Becle SAB de CV Brown Foreman Corporation Pernod Ricard Suntory Holdings Limited

For more information about this report visit https://www.researchandmarkets.com/research/mbq573/u_s_tequila?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005963/en/

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Related Topics:Tequila

KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: RETAIL WINE & SPIRITS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/10/2018 02:50 PM/DISC: 07/10/2018 02:50 PM

http://www.businesswire.com/news/home/20180710005963/en