Unsurprisingly, Tequila and mixed beverages dominated over the Cinco De Mayo weekend. With an amazing $2.9 billion in US annual sales, we can only imagine how much of a spike liquor sales got from the holiday celebrations.
According to the cocktail market, tequila-related beverages averaged about 14.5% of all cocktail beverages consumed, for Cinco De Mayo, that average increased by nearly triple, furthermore records show that roughly 126 million litres of tequila were consumed on Cinco De Mayo alone.
Top Tequila Brands
Not to be outdone by the tequila market, consumers have also been recorded to drink more beer on Cinco De Mayo than any other holiday; including the Fourth of July, St. Patrick’s Day, and the Super Bowl Weekend. These numbers skyrocketed on Cinco De Mayo, averaging around 745 million US dollars being spent on light beers and malt liquors alone.
So retailers, now that you see the opportunity Cinco De Mayo offers, take advantage next year by providing your consumers with the right tequila and beers to celebrate one of the most influential drinking holidays in the world.If you’re interested in finding out more about our Real-time, AI Marketing Platform and how you can access real-time insights for your company contact us at www.loopinsights.ai