Craft Rum Market

Rum is a type of alcohol that's made from sugarcane or sugarcane by-products such as molasses or sugarcane syrup. Just like with agave in tequila, this sugar is then distilled into a liquid alcohol. Rum can be distilled to various strengths, but is typically higher than 40 percent alcohol by volume or 80 proof. Much stronger than many sugary liqueurs. When rum is first distilled it is a clear liquid.
Craft Rum Market contains market size and forecasts of Craft Rum in global, including the following market information:
Global Craft Rum Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Craft Rum Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Craft Rum companies in 2021 (%)
The global Craft Rum market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
White Rum Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Craft Rum include Bacardi Limited, Suntory Holdings Limited, Diageo, Maine Craft Distilling, LLC, Charles Merser & Co., Drum & Black Rum Company, Wicked Dolphin Rum, Domaines Ellam and Arizona Craft Beverage and Belize Spirits Marketing, Inc. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Craft Rum manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Craft Rum Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Craft Rum Market Segment Percentages, by Type, 2021 (%)
White Rum
Black Rum
Golden Rum
Spiced Rum
Global Craft Rum Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Craft Rum Market Segment Percentages, by Application, 2021 (%)
Bottle Stores
Bars
Online
Restaurants
Others
Global Craft Rum Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Craft Rum Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Craft Rum revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Craft Rum revenues share in global market, 2021 (%)
Key companies Craft Rum sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Craft Rum sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bacardi Limited
Suntory Holdings Limited
Diageo
Maine Craft Distilling, LLC
Charles Merser & Co.
Drum & Black Rum Company
Wicked Dolphin Rum
Domaines Ellam and Arizona Craft Beverage
Belize Spirits Marketing, Inc.
Rockstar Spirits Ltd.