Rum Market Research Report - Global Forecast till 2027

Global Rum Market Research Report: Information by Type (White and Dark), Category (Standard and Overproof), Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/6444-HCR | February 2021 | Region: Global | 90 pages

Please note that assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill sample form for updated data.

Market Scenario

Global Rum Market was valued at USD 15.97 billion in 2018 and is expected to register a CAGR of 2.5% during the forecast period of 2019 to 2024. Rum is a distilled alcoholic beverage produced by fermentation and distillation of molasses or sugarcane juice. It is prepared in various grades and types which depend on the location of its production. These types of rum are used in cocktails, cooking, or can be consumed straight.

Increasing per capita disposable incomes in emerging economies is the major contributing factor to the growth in the sales of the global alcohol market. Changing lifestyles, increasing influence of social media, and an ease in accessibility to alcohol have contributed significantly to the growth of the alcohol market and rum market. The market players have adopted various growth strategies, such as the launch of new products and the introduction of various types of rum such as spiced and flavored. However, availability of substitutes is the major restraining factor for the growth of the rum industry. The increasing consumption of cocktails and growing use of rum in cooking has further created opportunities for the market players.

Segmentation

The global rum market has been segmented based on type, category, distribution channel, and region.

By type, the global rum industry has been bifurcated into white and dark.

Based on category, the global rum industry has been classified as standard and overproof.

As per distribution channel, the global rum industry has been divided into hypermarkets and supermarkets, specialty stores, and others.

The global rum market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.

The North American rum market has further been categorized as the US, Canada, and Mexico. The European rum market has been divided into Germany, France, Italy, Spain, the UK, and the rest of Europe. The rum industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The rum industry in the rest of the world has been segmented into South America, the Middle East, and Africa.

Key Players

Diageo PLC (UK), Pernod Ricard SA (France), Beam Suntory, Inc. (US), Bacardi Limited (Bermuda), Gruppo Campari (Italy), Mohan Meakin (India), Matusalem (Dominican Republic), The Edrington Group (UK), Corporacion Cuba Ron (Cuba), and Pusser's Rum Ltd. (US) are some of the key players in the global rum market.

Regional Market Summary

Global Rum Market Share (%), by Region, 2018

Source: Secondary Sources and MRFR Analysis

The market in Asia-Pacific is expected to dominate the market for rum during the forecast period owing to increasing per capita disposable incomes. It is projected to register the highest CAGR during the forecast period with China, Japan, and Australia being the largest country-level markets for rum. North America and Europe are the mature markets for rum. Countries like Brazil, Peru, and Australia are expected to record a strong growth during the forecast period.

Global Rum Market, by Type

White

Dark

Global Rum Market, by Category

Standard

Overproof

Global Rum Market, by Distribution Channel

Hypermarkets and Supermarkets

Specialty Stores

Others

Global Rum Market, by Region

North America
- US
- Canada
- Mexico

Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe

Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific

Rest of the World (RoW)
- South America
- Middle East
- Africa

Intended Audience

Rum manufacturers producers

Dealers and distributors

Raw material suppliers and distributors

Traders, exporters, and importers

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of Global Rum Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Rum Market, by Type

6.1 Introduction

6.2 White

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Dark

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Rum Market, by Category

7.1 Introduction

7.2 Standard

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Overproof

7.3.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Rum Market, by Distribution Channel

8.1 Introduction

8.2 Hypermarkets & Supermarkets

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Specialty Stores

8.3.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Others

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Rum Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Category, 2020–2027

9.2.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.5 Market Estimates & Forecast, by Country, 2020–2027

9.2.6 US

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.6.3 Market Estimates & Forecast, by Category, 2020–2027

9.2.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.7.3 Market Estimates & Forecast, by Category, 2020–2027

9.2.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.8 Mexico

9.2.8.1 Market Estimates & Forecast, 2020–2027

9.2.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.8.3 Market Estimates & Forecast, by Category, 2020–2027

9.2.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.5 Market Estimates & Forecast, by Country, 2020–2027

9.3.6 Germany

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.7 France

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.8 Italy

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.9 Spain

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.10 UK

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.10.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.11 Rest of Europe

9.3.11.1 Market Estimates & Forecast, 2020–2027

9.3.11.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.11.3 Market Estimates & Forecast, by Category, 2020–2027

9.3.11.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.3 Market Estimates & Forecast, by Category, 2020–2027

9.4.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.5 Market Estimates & Forecast, by Country, 2020–2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.6.3 Market Estimates & Forecast, by Category, 2020–2027

9.4.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.7 India

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Category, 2020–2027

9.4.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.8 Japan

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Category, 2020–2027

9.4.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.9 Australia & New Zealand

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, by Category, 2020–2027

9.4.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.10 Rest of Asia-Pacific

9.4.10.1 Market Estimates & Forecast, 2020–2027

9.4.10.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.10.3 Market Estimates & Forecast, by Category, 2020–2027

9.4.10.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.3 Market Estimates & Forecast, by Category, 2020–2027

9.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.5 Market Estimates & Forecast, by Country, 2020–2027

9.5.6 South America

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Category, 2020–2027

9.5.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.7 Middle East

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Category, 2020–2027

9.5.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.8 Africa

9.5.8.1 Market Estimates & Forecast, 2020–2027

9.5.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.8.3 Market Estimates & Forecast, by Category, 2020–2027

9.5.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. Company Profiles

11.1 Diageo PLC

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Bacardi Limited

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 Pernod Ricard SA

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Beam Suntory, Inc.

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Gruppo Campari

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 The Edrington Group

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 Mohan Meakin

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 Matusalem

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Corporacion Cuba Ron

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Pusser's Rum Ltd

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

11.11 J. Armando Bermudez & Co.

11.11.1 Company Overview

11.11.2 Financial Updates

11.11.3 Product/Business Segment Overview

11.11.4 Strategy

11.11.5 Key Developments

11.11.6 SWOT Analysis

11.12 Amrut Distilleries Ltd

11.12.1 Company Overview

11.12.2 Financial Updates

11.12.3 Product/Business Segment Overview

11.12.4 Strategy

11.12.5 Key Developments

11.12.6 SWOT Analysis

11.13 Radico Khaitan Ltd.

11.13.1 Company Overview

11.13.2 Financial Updates

11.13.3 Product/Business Segment Overview

11.13.4 Strategy

11.13.5 Key Developments

11.13.6 SWOT Analysis

11.14 Corporacion Cuba Ron

11.14.1 Company Overview

11.14.2 Financial Updates

11.14.3 Product/Business Segment Overview

11.14.4 Strategy

11.14.5 Key Developments

11.14.6 SWOT Analysis

12. Conclusion

LIST OF TABLES

Table 1 Global Rum Market, by Region, 2020–2027 (USD Million)

Table 2 Global Rum Market, by Type, 2020–2027 (USD Million)

Table 3 Global Rum Market, by Category, 2020–2027 (USD Million)

Table 4 Global Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 5 North America: Rum Market, by Country, 2020–2027 (USD Million)

Table 6 North America: Rum Market, by Type, 2020–2027 (USD Million)

Table 7 North America: Rum Market, by Category, 2020–2027 (USD Million)

Table 8 North America: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 US: Rum Market, by Type, 2020–2027 (USD Million)

Table 10 US: Rum Market, by Category, 2020–2027 (USD Million)

Table 11 US: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 12 Canada: Rum Market, by Type, 2020–2027 (USD Million)

Table 13 Canada: Rum Market, by Category, 2020–2027 (USD Million)

Table 14 Canada: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 15 Mexico: Rum Market, by Type, 2020–2027 (USD Million)

Table 16 Mexico: Rum Market, by Category, 2020–2027 (USD Million)

Table 17 Mexico: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 Europe: Rum Market, by Country, 2020–2027 (USD Million)

Table 19 Europe: Rum Market, by Type, 2020–2027 (USD Million)

Table 20 Europe: Rum Market, by Category, 2020–2027 (USD Million)

Table 21 Europe: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Germany: Rum Market, by Type, 2020–2027 (USD Million)

Table 23 Germany: Rum Market, by Category, 2020–2027 (USD Million)

Table 24 Germany: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 25 France: Rum Market, by Type, 2020–2027 (USD Million)

Table 26 France: Rum Market, by Category, 2020–2027 (USD Million)

Table 27 France: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Italy: Rum Market, by Type, 2020–2027 (USD Million)

Table 29 Italy: Rum Market, by Category, 2020–2027 (USD Million)

Table 30 Italy: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 Spain: Rum Market, by Type, 2020–2027 (USD Million)

Table 32 Spain: Rum Market, by Category, 2020–2027 (USD Million)

Table 33 Spain: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 34 UK: Rum Market, by Type, 2020–2027 (USD Million)

Table 35 UK: Rum Market, by Category, 2020–2027 (USD Million)

Table 36 UK: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Rest of Europe: Rum Market, by Type, 2020–2027 (USD Million)

Table 38 Rest of Europe: Rum Market, by Category, 2020–2027 (USD Million)

Table 39 Rest of Europe: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 40 Asia-Pacific: Rum Market, by Country, 2020–2027 (USD Million)

Table 41 Asia-Pacific: Rum Market, by Type, 2020–2027 (USD Million)

Table 42 Asia-Pacific: Rum Market, by Category, 2020–2027 (USD Million)

Table 43 Asia-Pacific: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 China: Rum Market, by Type, 2020–2027 (USD Million)

Table 45 China: Rum Market, by Category, 2020–2027 (USD Million)

Table 46 China: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 47 India: Rum Market, by Type, 2020–2027 (USD Million)

Table 48 India: Rum Market, by Category, 2020–2027 (USD Million)

Table 49 India: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 50 Japan: Rum Market, by Type, 2020–2027 (USD Million)

Table 51 Japan: Rum Market, by Category, 2020–2027 (USD Million)

Table 52 Japan: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 53 Rest of Asia-Pacific: Rum Market, by Type, 2020–2027 (USD Million)

Table 54 Rest of Asia-Pacific: Rum Market, by Category, 2020–2027 (USD Million)

Table 55 Rest of Asia-Pacific: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 56 Rest of the World (RoW): Rum Market, by Country, 2020–2027 (USD Million)

Table 57 Rest of the World (RoW): Rum Market, by Type, 2020–2027 (USD Million)

Table 58 Rest of the World (RoW): Rum Market, by Category, 2020–2027 (USD Million)

Table 59 Rest of the World (RoW): Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 60 South America: Rum Market, by Type, 2020–2027 (USD Million)

Table 61 South America: Rum Market, by Category, 2020–2027 (USD Million)

Table 62 South America: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 63 Middle East: Rum Market, by Type, 2020–2027 (USD Million)

Table 64 Middle East: Rum Market, by Category, 2020–2027 (USD Million)

Table 65 Middle East: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

Table 66 Africa: Rum Market, by Type, 2020–2027 (USD Million)

Table 67 Africa: Rum Market, by Category, 2020–2027 (USD Million)

Table 68 Africa: Rum Market, by Distribution Channel, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Rum Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Rum Market

FIGURE 4 Value Chain of the Global Rum Market

FIGURE 5 Share of the Global Rum Market in 2020, by Country (%)

FIGURE 6 Global Rum Market, by Region, 2020–2027,

FIGURE 7 Global Rum Market Size, by Type, 2020

FIGURE 8 Share of the Global Rum Market, by Type, 2020–2027 (%)

FIGURE 9 Global Rum Market Size, by Category, 2020

FIGURE 10 Share of the Global Rum Market, by Category, 2020–2027 (%)

FIGURE 11 Global Rum Market Size, by Distribution Channel, 2020

FIGURE 12 Share of the Global Rum Market, by Distribution Channel, 2020–2027 (%)