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Report Overview

The Mexico whiskey market reached approximately USD 1.36 Billion in 2024. The market is projected to grow at a CAGR of 4.40% between 2025 and 2034, reaching a value of around USD 2.09 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • As per the industry reports, there are more than a dozen distilleries for whiskey in Mexico.

  • As per the survey conducted by the Institute of Psychiatry of the State of Baja California (IEPBC), the rise in alcohol consumption is around 20 per cent among the youth, creating opportunities for market growth.

  • Diageo company unveiled two regenerative agriculture programs in Scotland and Mexico in October 2023, aiming to boost the scotch and tequila sectors while reducing carbon emissions.

Compound Annual Growth Rate

Value in USD Billion

4.4%

2025-2034


Mexico Whiskey Market Outlook

*this image is indicative*

Mexico Whiskey Market Growth

The rise in disposable income, the growing influence of Western culture, and the increasing demand for innovative flavours are some of the crucial drivers propelling the growth of Mexico whiskey market. To cater to the diverse tastes of Mexican customers, whiskey producers are venturing into new flavours and varieties which include infused whiskeys and limited-edition releases.

The rise of whiskey tourism has further sparked a newfound interest in the market, with people visiting distilleries to learn about production processes and enjoy different types of whiskey. In an effort to solidify their presence in the Mexican market, whiskey companies are dedicating additional resources to marketing and branding initiatives. These initiatives include partnering with influencers and celebrities, implementing social media promotional campaigns, and organising a variety of events.

Moreover, Mexican consumers are increasingly drawn to craft and small-batch whiskeys, seeking out distinctive and artisanal choices and this trend is a part of the worldwide surge in demand for craft spirits.

Key Trends and Recent Developments

Mexico Whiskey Industry Segmentation

“Mexico Whiskey Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type:

  • American Whiskey
  • Irish Whiskey
  • Scotch Whiskey
  • Canadian Whiskey
  • Others

Market Breakup by Quality:

  • Premium
  • High-End Premium
  • Super Premium

Market Breakup by Flavor:

  • Unflavored
  • Flavored

Market Breakup by Distribution Channel:

  • On-Trade
  • Off-Trade

Market Breakup by Region:

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

Mexico Whiskey Market Share

Based on product type, the market is divided into American whiskey, Irish whiskey, Scotch whiskey, and Canadian whiskey, among others. American whiskey accounts for a major market share as American whiskey, specifically bourbon and Tennessee whiskey, has had a significant presence in Mexico for a considerable period. Furthermore, some of the renowned labels such as Jack Daniel's and Jim Beam have been present in the market for several years, fostering a sense of brand loyalty among Mexican consumers.

Leading Companies in the Mexico Whiskey Market

The market players are enhancing their marketing strategies to gain a competitive edge in the market.

  • Diageo Plc
  • Bacardi Limited
  • Beam Suntory Inc.
  • Pernod Ricard S.A. 
  • Constellation Brands, Inc.
  • Proximo Spirits, Inc.
  • Fraternity Spirits World S.A.
  • William Grant & Sons Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 1.36 Billion.

The market is estimated to grow at a CAGR of 4.40% between 2025 and 2034.

The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 2.09 Billion by 2034.

The market is being driven due to rise in disposable income, the growing influence of Western culture, and the increasing demand for innovative flavours.

The key trends aiding the market include the rise of whiskey tourism, marketing and branding initiatives by companies, and the burgeoning popularity of craft and small-batch whiskeys.

Regions considered in the market are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula, among others.

Based on product type, market segmentations include American whiskey, Irish whiskey, scotch whiskey, and Canadian whiskey, among others.

Based on product type, market segmentations include American whiskey, Irish whiskey, scotch whiskey, and Canadian whiskey, among others.

The different qualities listed are premium, high-end premium, and super premium.

The major players in the market are Diageo Plc, Bacardi Limited, Beam Suntory Inc., Pernod Ricard S.A., Constellation Brands, Inc., Proximo Spirits, Inc., Fraternity Spirits World S.A., and William Grant & Sons Ltd., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Quality
  • Flavor
  • Distribution Channel
  • Region
Breakup by Product Type
  • American Whiskey
  • Irish Whiskey
  • Scotch Whiskey
  • Canadian Whiskey
  • Others
Breakup by Quality
  • Premium
  • High-End Premium
  • Super Premium
Breakup by Flavor
  • Unflavored
  • Flavored
Breakup by Distribution Channel
  • On-Trade
  • Off-Trade
Breakup by Region
  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Diageo Plc
  • Bacardi Limited
  • Beam Suntory Inc.
  • Pernod Ricard S.A.
  • Constellation Brands, Inc.
  • Proximo Spirits, Inc.
  • Fraternity Spirits World S.A.
  • William Grant & Sons Ltd.
  • Others

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