As per their “Mezcal Market” report, the global market was valued at USD 0.97 billion in 2024, growing at a CAGR of about 12.05% during the forecast period from 2025 - 2033 to reach USD billion by 2033.

The Mezcal is witnessing remarkable growth due to the rising demand for luxury and premium beverages. Further, the global interest in artisanal and premium spirits continues are driving the market growth. Below are some of the key companies leading the charge in the manufacturing, processing, and supply of Mezcal products and services.  

Ilegal Mezcal, S.A.

Ilegal Mezcal, S.A. provides alcoholic beverages. Its products include joven, reposado, anejo. The company was founded in 2004 and is based in Antigua Guatemala, Guatemala. As of September 1, 2023, Ilegal Mezcal, S.A. operates as a subsidiary of Bacardi Limited

Mezcal Unión (Diageo plc)

Mezcal Unión is a Mexico-based brewing company that produces and distributes alcoholic spirits. The company operates in the retail sector. Mezcal Unión Uno is a Mezcal Artesanal Joven handcrafted with Espadín and Cirial agaves, which have been matured for 8 to 14 years, cooked, fermented, double-distilled, and expertly blended to boast balanced fruity and herbal notes, along with a hint of smoke that adds depth and complexity.

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Del Maguey Inc. (Pernod Ricard)

Del Maguey Inc. produces artisanal, hand-crafted mezcals. The company was founded in 1995 and is based in Ranchos De Taos, New Mexico. As of August 1, 2017, Del Maguey Inc. operates as a subsidiary of Pernod Ricard USA, LLC.

MONTELOBOS MEZCAL (Campari EspaIa Sl.)

MONTELOBOS MEZCAL produces alcoholic beverages under the mezcal brand Montelobos. The company is based in Santiago Matatlán, Mexico. Casa Montelobos S.A.P.I. de C.V. operates as a subsidiary of Campari EspaIa Sl.

Xiaman Spirits GmbH

Xiaman Mezcal is a very sensual spirit dedicated to detail and quality. Crafted with an art handed down by five generations, this wild agave blend mezcal is a gift from ancient times. Sweet, aromatic, and smoky, authentic, yet elegant: Xiaman Mezcal will appeal to all the senses.

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According to the UnivDatos Market Insights, premiumization & craft spirit demand, cultural heritage appeal, and the cocktail culture expansion drive the Mezcal market.

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