😮There are fears of a shortage of Tequila as agave gets affected by droughts 🍸 Tequila
, the leading source of data and analysis on the beverage alcohol market. In a recent forecast, the British consultancy expected tequila volumes to grow by 7% each year between 2016 and 2026. The United States, Mexico and Canada are the three largest markets for the Mexican drink, accounting for 88% of global volumes.
These are all good reasons to see a bright future for the finances of Mexico’s tequila producers… Except that, for several years now, the American press has been sounding the alarm about a shortage of agave, a plant essential to the production of this drink. And, for a product to be labeled “tequila,” it is also necessary for these plants with large serrated leaves to be harvested in the state of Jalisco and in certain areas of neighbouring regions such as Michoacan and Guanajuato.
Finally, the situation could also lead consumers to branch out to other agave-based spirits, such as mezcal, which can include various types of agave harvested throughout Mexico. Similarly, raicilla and bacanora are also spirits that can be distilled from other agave species.
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