U.S. law (27 CFR 5.22 (g)) says that tequila must be "manufactured in Mexico in compliance with the laws of Mexico regulating the manufacture of Tequila for consumption in that country". However, Tequila cannot be sold in the U.S. at under 40% alcohol concentration.
The article cited AMA's "Global Mixto Tequila Market Study" explored substantial growth in North America and of %. According to the report, Emerging Popularity of Business Sectors Such As Restaurants, Bars and Pubs
is one of the primary growth factors for the market. Growing Popularity for Mixto Tequila around the Globe
is also expected to contribute significantly to the Mixto Tequila market. Overall, Cocktail
applications of Mixto Tequila, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Supermarkets and Hyper-Markets, is boosting the Mixto Tequila market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mixto Tequila market identified that the demand is rising in many different parts of the world as "Rising Demand in Untapped Market". Furthermore, some recent industry insights like "On 16th April 2018, Azuñia Tequila*, a premium, organic, estate-crafted tequila and exclusive U.S. export of Agaveros Unidos de Amatitán have formed an agreement with Total Beverage Solution (TBS) of Mt. Pleasant, South Carolina to manage the fast-growing brand’s national enlargement throughout the U.S. Market." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Mixto Tequila market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mixto Tequila market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mixto Tequila market size is calculated using market estimation process, the Mixto Tequila market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mixto Tequila market size has been validated using both top-down and bottom-up approaches.