Global Tequila Market Size & Outlook, 2024-2030

The global tequila market size was estimated at USD 11,492.4 million in 2024 and is projected to reach USD 19,762.7 million by 2030, growing at a CAGR of 9.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$11,492.4
Forecast, 2030 (US$M)
$19,762.7
CAGR, 2025 - 2030
9.5%
Report Coverage
Worldwide

Global tequila market highlights

  • The global tequila market generated a revenue of USD 11,492.4 million in 2024 and is expected to reach USD 19,762.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 9.5% by 2030.
  • In terms of segment, blanco accounted for a revenue of USD 7,277.6 million in 2024.
  • Blanco is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.


Global data book summary

Market revenue in 2024USD 11,492.4 million
Market revenue in 2030USD 19,762.6 million
Growth rate9.5% (CAGR from 2024 to 2030)
Largest segmentBlanco
Fastest growing segmentBlanco
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlanco, Reposada, Anejo


Other key industry trends

  • In terms of revenue, the North America accounted for 63.4% of the global tequila market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 48.4 million by 2030.

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Tequila Market Companies

Name Profile # Employees HQ Website
Jose Cuervo View profile 1-10 Jersey City, New Jersey, United States, North America http://cuervo.com/
Campari Group View profile 1001-5000 Sesto San Giovanni, Lombardia, Italy, Europe https://www.camparigroup.com
Pattern Brands View profile 11-50 New York, New York, United States, North America https://patternbrands.com
Brown-Forman Corp Registered Shs -B- Non Vtg View profile 5600 850 Dixie Highway, Louisville, KY, United States, 40210 https://www.brown-forman.com
Diageo PLC View profile 30269 16 Great Marlborough Street, London, United Kingdom, W1F 7HS https://www.diageo.com
Pernod Ricard SA View profile 20617 5, Cours Paul Ricard, Paris, France, 75008 https://www.pernod-ricard.com

Global tequila market size, by regions, 2018-2030 (US$M)

Top 10 countries: Tequila market size, 2024 (US$M)

Global tequila market share, by distribution channel, 2024 & 2030 (%, US$M)

Tequila market: Opportunity assessment by country

Global tequila market, by region, 2024 (US$M)

Global tequila market size, by regions, 2018-2030 (US$M)

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