Market by Product, Distributors, and Country | Forecast 2021-2028
As
per Triton’s report, the tequila market in Europe is expected to attain a
compound annual growth rate of 4.43% based on revenue during the assessed
period of 2021-2028.
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The
countries examined in this market include:
• The United Kingdom
• Spain
• Germany
• Italy
• France
• Russia
• Rest of Europe
In
recent years, the alcohol consumption rate has increased tremendously across
European nations. Moreover, tequila was registered as a geographical indication
product in the European Union a few years back. This resulted in an increase in
the consumption of tequila across the region’s nations. Among the major
companies, Diageo Plc and Pernod Ricard SA are prominent companies offering
tequila in the region. In addition, the rising number of bars has further
augmented the demand for spirits like tequila. Hence, such factors are driving
the growth of the tequila market.
In
the United Kingdom, spirits have acquired a significant share in the alcohol
industry. Moreover, tequila is among the fastest-growing in the spirits
category. This is primarily owing to the launch of premium brands. For
instance, recently, Mangrove UK partnered with Vivir to launch a wide range of
premium tequila manufactured fully from highland agave. Furthermore, the rise
in the number of pubs is another factor amplifying the demand for drinks like
tequila across the country. Therefore, all these factors are driving the
tequila market in the United Kingdom on a growth path.
Brown
Forman Corporation is a leading spirit and wine company. It is involved in the
manufacturing, importing, and exporting of alcoholic beverages. The company’s
product line includes whiskey, tequila, vodka, wine, and RTDs, among others.
Besides, it markets products under multiple brand names, such as Early Times,
Jack Daniel’s, Mist, and Woodford Reserve. Brown Forman has operations across
various countries, including France, the Netherlands, the UK, Spain, and
others.
1. EUROPE
TEQUILA MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON TEQUILA MARKET
2.2. KEY
INSIGHTS
2.2.1. TEQUILA
BRANDS SUPPORTING WOMEN EMPOWERMENT
2.2.2. TEQUILA’S
EVOLUTION AS A DRINK
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. CONTRACTS
& AGREEMENTS
2.6.4. INVESTMENTS
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. GROWING
PREFERENCE FOR PREMIUM TEQUILA
2.7.2. INTRODUCTION
OF NEW EXPERIMENTAL FLAVORS
2.7.3. CHANGING
PERCEPTION OF TEQUILA DUE TO HEALTH BENEFITS
2.8. MARKET
CHALLENGES
2.8.1. RISING
RAW MATERIAL COSTS
2.8.2. ANTI-ALCOHOL
CAMPAIGNS
2.9. MARKET
OPPORTUNITIES
2.9.1. RISING
NUMBER OF TEQUILA STARTUPS
2.9.2. INFLUENCE
OF CRISTALINO TEQUILA
3. EUROPE
TEQUILA MARKET OUTLOOK - BY PRODUCT
3.1. VALUE
3.2. PREMIUM
3.3. SUPER
PREMIUM
3.4. HIGH-END
PREMIUM
4. EUROPE
TEQUILA MARKET OUTLOOK - BY DISTRIBUTORS
4.1. SUPERMARKETS
& HYPERMARKETS
4.2. LIQUOR
SPECIALIST STORES
4.3. ONLINE
RETAILING
4.4. OTHER
DISTRIBUTORS
5. EUROPE
TEQUILA MARKET – REGIONAL OUTLOOK
5.1. UNITED
KINGDOM
5.2. GERMANY
5.3. FRANCE
5.4. SPAIN
5.5. ITALY
5.6. RUSSIA
5.7. REST
OF EUROPE
6. COMPETITIVE
LANDSCAPE
6.1. ANHEUSER
BUSCH INBEV
6.2. ASAHI
GROUP HOLDINGS LTD
6.3. BACARDI
AND CO LTD
6.4. BEAM
SUNTORY INC
6.5. BROWN FORMAN
CORPORATION
6.6. CONSTELLATION
BRANDS
6.7. DIAGEO
PLC
6.8. E AND J
GALLO WINERY INC
6.9. JOSE
CUERVO
6.10. LA
MARTINIQUAISE
6.11. LUXCO
INC
6.12. PERNOD
RICARD SA
6.13. SAZERAC
COMPANY INC
6.14. TEQUILA
CENTINELA
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE TEQUILA
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: TEQUILA EXPORT
COUNTRIES IN 2020 (LITERS IN MILLIONS)
TABLE 4: EUROPE TEQUILA
MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 5: EUROPE TEQUILA
MARKET, BY DISTRIBUTORS, 2021-2028 (IN $ MILLION)
TABLE 6: TOP TEQUILA BUYERS IN
BELGIUM
TABLE 7: EUROPE TEQUILA
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: EUROPE TEQUILA
MARKET, BY PRODUCT, 2020 & 2028 (IN %)
FIGURE 3: EUROPE TEQUILA
MARKET, BY VALUE, 2021-2028 (IN $ MILLION)
FIGURE 4: EUROPE TEQUILA
MARKET, BY PREMIUM, 2021-2028 (IN $ MILLION)
FIGURE 5: EUROPE TEQUILA
MARKET, BY SUPER PREMIUM, 2021-2028 (IN $ MILLION)
FIGURE 6: EUROPE TEQUILA
MARKET, BY HIGH-END PREMIUM, 2021-2028 (IN $ MILLION)
FIGURE 7: EUROPE TEQUILA
MARKET, BY DISTRIBUTORS, 2020 & 2028 (IN %)
FIGURE 8: EUROPE TEQUILA
MARKET, BY SUPERMARKETS & HYPERMARKETS, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE TEQUILA
MARKET, BY LIQUOR SPECIALIST STORES, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE TEQUILA
MARKET, BY ONLINE RETAILING, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE TEQUILA
MARKET, BY OTHER DISTRIBUTORS, 2021-2028 (IN $ MILLION)
FIGURE 12: EUROPE TEQUILA
MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 13: UNITED KINGDOM
TEQUILA MARKET 2021-2028 (IN $ MILLION)
FIGURE 14: GERMANY TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 15: FRANCE TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 16: SPAIN TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: ITALY TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 18: RUSSIA TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 19: REST OF EUROPE
TEQUILA MARKET 2021-2028 (IN $ MILLION)