Tequila Industry The global tequila market size was estimated at USD 10.53 billion in 2023 and is anticipated to expand at a compound annual growth rate (CAGR) of 9.5% between 2024 and 2030. A key factor driving this growth is the rising consumer demand for premium and artisanal tequila. More individuals are shifting their purchasing preferences toward higher-quality options,...

Tequila Industry The global tequila market size was valued at USD 10.53 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. A major growth driver is the increasing consumer demand for premium and artisanal tequila. As preferences shift from quantity to quality, a growing segment of consumers particularly younger demographics is...