The tequila market is divided into blanco, joven, mixto gold, reposado, anejo, and extra anejo categories based on product type. Over the forecast period, the blanco category is expected to dominate market growth. Blanco tequila is also referred to as plata tequila or silver tequila. After being distilled, this sort of tequila is normally bottled, unaged, and packaged.
Over the projection period, North America is expected to have a leading position in the market. Increased tequila consumption among the populace is responsible for the market's rise in the region. Increased demand for tequila by various business sectors in the region, including as restaurants, bars, and pubs, is also driving the market in North America. Tequila use is increasing in Europe and Asia Pacific countries, compared to other alcoholic beverages, due to public perceptions that tequila is sophisticated and less hazardous than other alcoholic beverages.
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