The Rum Market size was valued at USD 18.19 Billion in 2023 and the total Rum revenue is expected to grow at a CAGR of 5.2% from 2024 to 2030, reaching nearly USD 25.95 Billion.The Global Rum Market Overview
Rum is a distilled alcoholic beverage extracted from sugarcane molasses or directly from the sugarcane juice. It is a demanding market in the young generation and people with rich tastes as the preferred customization is done according to the changing preferences providing beneficial growth opportunities for the Rum Market. The rum offers a variety of flavors that appeal broad consumer base, this diversity in flavors leads to the innovation of new drinks that contribute to driving the Rum Market. Flavoured rum dominates the rum markets segment as it is a choice for cocktails and mixers, as it can add a variety of flavors and aromas to drink. Some of the most demanding flavored rum brands are Bacardi, Malibu, Kraken, Captain Morgan, and Sailor Jerry dominating the flavored rum market. Globally, rum is a very popular drink, and even though it has seen year-on-year growth. Rum has a rich history and it is known as a traditional drink in countries such as Barbados, Cuba, Dominican Republic, Jamaica, and Puerto Rico. Rum is playing an increasingly major role in emerging economies such as India and China. The alcohol sector is one of the world’s fastest-growing beverage markets, which is expected to boost the development of the global Rum Market. According to a Maximize Market Research study, India is the world’s largest market for rum as India exported 54,374 thousand liters of rum and tafia in 2023. In the same year rum and tafia were on 1565th most exported product globally in 2023. The number of consumers of spirit and imported rum brands growing rapidly expected to boost the global rum market.To know about the Research Methodology :- Request Free Sample ReportRum Market Dynamics
Rising Popularity of Cocktails Drives Rum Market Growth The best cocktails are made using quality spirits such as rum the global cocktail market is rapidly growing due to the improving lifestyle and increasing per capita income of the people. The rising cocktail industry is expected to boost the global Rum Market as rum provides a key function in the cocktail as it is the only spirit that blends with a variety of cocktails. Rum spirit is one of the favorite drinks enjoyed as part of the cocktail. Cocktails offer traditional as well as exotic flavors to consumers as it is more appealing to a large number of drinkers. This trend increases spiced rum sales in pubs, restaurants, and bars. The demand for spiced rum in cocktails is driving due to the flavors’ rising experimenting and innovation of the rum market. The Spiced Rum in Cocktails is preferred by Gen Z who started consuming the alcohol. The growing number of younger generations started consuming alcohol expected to drive the market growth. The people are influenced by the Western culture which encourages people to add more flavoring to drinks than the traditional culture expected to drive the global Rum Market. Increasing Demand For Premium Varieties Of Rum Boosts Rum Market Growth The increasing demand for premium rum throughout the world is significantly expected to boost market growth. No other spirit can have such a rich and diverse heritage as rum. Newly emerging consumers eager to explore new tastes, quality, and authenticity of rum significantly help to propel market growth. Rum consumers are ready to spend on premium-quality rum whereas aged rum has more demand. The increasing popularity of cocktails that require premium rum drives the rum market growth, also premium rum is easily available in the market so it makes it more appealing to a wide range of consumers. The consumer can buy any premium rum easily from around the world. So, the demand for premium quality rum is expected to drive the global rum market due to increased disposable income, growing consumer taste, and easy availability of premium rum expected to drive the market growth. Growing Health Awareness Among The People Restrains The Rum Market Growth Rum is one spirit made from sugarcane juice and molasses, the alcohol in rum is due to ethanol. Access consumption of alcohol is dangerous to health as it causes High blood pressure, heart disease, stroke, liver disease, and digestive problems. The rum addict can face cancer of the breast, mouth, throat, voice box, liver, and rectum. More Rum consumption weakens the immune system and increases the chances of getting sick. Chronic alcoholism leads to permanent memory damage and brain shrinkage problems. The side effects of Rum consumption and growing health awareness among people are expected to hamper the market growth. After the pandemic people are more concerned about their health and they prefer to spend more on products that improve their health and fitness. Therefore, consumers’ rising concern about physical and mental health leads to increased demand for health-related products restraining the market growth and creating challenges for the Rum market.Rum Market With Unique Flavor Profiles Create Lucrative Growth Opportunities Flavored rum is nowadays a very popular drink among consumers. The rum is produced by fermenting sugarcane juice or molasses but usually, fruity or citrus flavors can be added to rum. Nowadays, rums are available in different flavors such as fruits, coffee, sweet, buttery, caramel, and vanilla. Consumers are interested in trying new flavored rum which creates tremendous growth opportunities for the market growth. For instance, the key players in the global Rum Market offer a wide range of flavored rums such as Kraken Black Roast Coffee Rum, Plantation Stiggins Fancy Pineapple Rum, Bacardi Coconut Rum, Bones Butterscotch Rum, Don Q Pasión Rum, Dr. Stoner's Island Bash Herb Rum, Captain Morgan Cherry Vanilla Rum, and Striped Lion Cocoa Rum. The development of different flavored rum and increasing demand for unique flavors are expected to create lucrative growth opportunities for the market.Rum Market Segment Analysis
Based on Type, Dark rum dominates the type segment of the Rum Market in the year 2023. When rum is stored for more than three years or a longer time the rum will continue to darken and offer larger flavor profiles. Darker rums are more popular for drinking due to their Smokey, smooth, bold, and strong flavor. The increasing trend of cocktails creates a demand for dark rum. Dark rum offers a contrast of more flavourful profiles compared to white rum and other types of rum in cocktail recipes. It is often used in cocktails that call for a stronger rum flavor, such as the Dark’n’ Stormy and the Cuba Libre, it is also a popular choice for sipping neat or on the rocks. Bacardi is the major key player and offers a wide range of dark rum such as BACARDÍ Carta Negra and BACARDÍ CARTA ORO these rums are darker in colour and used in cooking baking and drinking purposes like luscious Rum Cake. Due to the taste, color, and premium flavor, dark rum is expected to boost rum market growth.Based on the Distribution Channel, the Off-Trade distribution channel significantly dominates the distribution Channel of the global Rum Market in the year 2023. The off-trade distribution network includes local suppliers such as bars, restaurants, shops, pubs, specialty stores, and supermarkets. The common individual easily purchases rum from off-trade suppliers, therefore, off-trade distribution channels experiencing the growth in year 2023. The on-trade distribution channel is expected to fastest growth during the forecast period. The expansion of the e-commerce industry is expected to boost the growth of the on-trade rum distribution segment during the forecast period. With the increasing trend of on-trade shopping, consumer wants everything delivered to their homes. It saves time as well as money for consumers therefore people adopt on-trade methods to buy the rum. Due to this factor, on-trade distribution channels are expected to grow at a faster rate.Rum Market Regional Insights
Asia Pacific region dominates the global Rum Market it holds more than 40 % share of the total market share in the year 2023. The region experiencing significant market growth due to the rising drinking population of the country such as India and China. India is as world’s largest market for Rum as India exported 54,374 thousand liters in 2023. The rising income of middle-class people demands for premium and flavored rums which further helps to boost the market growth. India is a major producer of sugarcane and it is the only raw material for rum production it has been the second largest producer of sugarcane. The country produces about 22%of total sugarcane in the world driving the rum industry growth. North America is expected to be the fastest-growing market for rum due to the presence of key players as well as the increasing demand for premium rum. The growing trend of pubs and bars is expected to boost the market growth. The Caribbean rum market has historic significance, which led the countries like Jamaica, Barbados, Cuba, and the Dominican Republic to be driving the growth of the rum market. Each geography shares a passion for creating high-quality rums with its distinct history, production process, style, and flavor which makes the authentic Caribbean rum market unique. The sugar industry of the colonial Caribbean world remains one of the major industries, responsible for a significant proportion of income for the region driving the market of the Caribbean rum market.Rum Market Competitive Landscapes
The Global rum market is expected to be highly competitive with the active presence of numerous market players. Major companies are striving to introduce cost-efficient and innovatively advanced products to meet the increasing demand, consequently fostering overall market growth. In addition, the rum industry's growth is significantly influenced by popularity among youngsters as many pubs, and clubs have paved their way into the market. Brands are adopting various business strategies, including technical partnerships and mergers and acquisitions (M&A) to remain competitive in the rum market. For instance, In the year 1862 Don Bacardi Masso developed the smooth spirit which is Bacardi Rum. The company offers a wide range of rum which is made from high-quality molasses sources. The company offers ready-to-drink cocktails, flavored rums, and Bacardi Superior rums, white, black, and dark rums. Bacardi Limited acquired a minority stake in Tequila Patron, one of the world’s leading premium tequila brands.Diageo is one of the leading premium rum manufacturers. The company sells products in over 180 countries with 200 brands. The company offers premium rum for cocktails. Diageo plc acquired Don Papa Rum, a premium rum brand from the Philippines. Thanks to its strong global presence, the company is one of the leading in the global rum marketRum Market Scope: Inquire before buying
Rum Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 18.19 Bn. Forecast Period 2024 to 2030 CAGR: 5.2 % Market Size in 2030: USD 25.95 Bn. Segments Covered: by Category Plain Flavoured Spiced by Product Type White Rum Gold Rum Dark/Black Rum Others by Distribution Channel On Trade Off Trade by End-User Household Commercial Rum Market by Region:
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)Rum Market Key Players:
1. Bacardi Limited 2. HOVI Trading Ltd 3. Westerhall Estate Ltd 4. Tanduay Distillers, Inc 5. Diageo 6. Davide Campari-Milano Spa 7. Demerara Distillers Ltd 8. Nova Scotia Spirit Co 9. Pernod Ricard SA 10. Suntory Holdings Ltd 11. William Grant & Sons Ltd 12. Mohan Meakin Limited 13. Remy cointreau Group 14. Cayman spirits Co 15. Halewood International holdings PLC 16. Arehucas 17. Elements Eight Rum Company Ltd 18. Edrington 19. Radico Khaitan Limited 20. Green Tree Distillery 21. La Martiniquaise 22. Hacienda Monterrey wines & Spirits S.l. 23. MAISON FERRAND 24. Tanduay Distillers, Inc 25. Alcobrew Distilleries Pvt Ltd 26. Deejay Distilleries Private Limited 27. Tilaknagar Industries Ltd. 28. Rum-bar 29. Old Pascas 30. Bondston 31. Myers's 32. XX IncFAQs:
1] What segments are covered in the Global Rum Market report? Ans. The segments covered in the Rum Market report are based on Type, Category, Distribution Channel, and Region. 2] Which region is expected to hold the highest share of the Rum Market? Ans. The Asia Pacific region is expected to hold the highest share of the Rum Market. 3] What is the market size of the Rum Market by 2030? Ans. The market size of the Rum Market by 2030 is expected to reach US$ 25.95 Bn. 4] What is the forecast period for the Rum Market? Ans. The forecast period for the Rum Market is 2024-2030. 5] What was the Rum Market Size in 2023? Ans. The Rum Market Size was valued at US$ 18.19 Bn in 2023.
1. Rum Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Rum Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Type Segment 2.3.3. End-user Segment 2.3.4. Revenue (2023) 2.3.5. Headquarter 2.3.6. Market Share (%) 2.3.7. Profit Margin 2.3.8. Geographic Presence 2.3.9. Target Customer Segments/End Users 2.4. Market Structure 2.4.1. Market Leaders 2.4.2. Market Followers 2.4.3. Emerging Players 2.5. Merger and Acquisition 2.6. Innovation and Product Development 2.7. Brand Portfolio and Diversity 3. Rum Market: Dynamics 3.1. Rum Market Trends 3.2. Rum Market Dynamics 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Key Opinion Leader Analysis For the Rum Market 3.6. Regulatory Landscape and Compliance 3.6.1. Global and Regional Regulatory Frameworks 3.6.2. Labeling Requirements and Health Warnings 3.6.3. Import and Export Regulations by Region 3.6.3.1. Advertising and Promotion Restrictions 3.6.3.2. Sustainability Regulations and Packaging Standards 3.7. Key Opinion Leader Analysis For the Rum Industry 4. Consumer Insights and Market Adoption Patterns 4.1. Consumer Behavior Analysis by Region and Age Group 4.1.1. Millennials and Gen Z: Preferences for Premium and Craft Rum 4.1.2. Shifts in Consumer Loyalty and Experimentation with New Brands 4.1.3. Frequency of Consumption from New Brands vs. Established Brands 4.2. Consumption Trends and Purchase Channels 4.2.1. On-Trade (Bars, Restaurants) vs. Off-Trade (Retail) Sales 4.2.2. Growth in E-commerce Sales of Alcoholic Beverages 4.2.3. Alcohol Addiction Analysis- Number of Individuals Addicted to Alcohol by Region 4.3. Flavor Preferences and Adoption Trends 4.3.1. Popular Flavor Profiles (Spiced, Dark, White, Flavored) 4.3.2. Growth in Demand for Limited Editions and Seasonal Flavors 4.3.3. Preference for Rum Over Whiskey 4.4. Influence of Social Media and Digital Marketing 4.4.1. Role of Brand Storytelling in Rum’s Popularity 4.4.2. Impact of Influencers and Digital Campaigns on Purchase Decisions 5. Consumer Insights on Cocktails and Ready to Drink (RTD) Mixes 5.1.1. Popular Rum-Based Cocktails and Their Impact on Sales 5.1.2. Growth of RTD Cocktails Featuring Rum 5.1.3. Consumer Demand 5.1.4. Packaging Preferences in RTD Rum-Based Drinks 6. Pricing Analysis 6.1. Average Price per Unit by Type and Region 6.2. Price Variations by Quality and Aging Process 6.3. Price Variation by Premium V/S Conventional Brands 6.4. Premiumization Trend and Its Impact on Pricing Strategies 7. Technological and Production Innovations in Rum 7.1. Distillation Techniques and Aging Innovations 7.2. Sustainable Sourcing of Ingredients and Packaging 7.3. Role of Technology in Enhancing Production Efficiency 7.4. Product Innovations in Craft and Small-Batch Rum 8. Import and Export Analysis 8.1. Top 10 Importers of Rum by Country 8.2. Top 10 Exporters of Rum by Country 9. Rum Market: Global Market Size and Forecast by Segmentation (by Value in USD Million and Volume in 750 ml Bottles per Units) (2023-2030) 9.1. Rum Market Size and Forecast, by Category (2023-2030) 9.1.1. Plain 9.1.2. Flavoured 9.1.3. Spiced 9.2. Rum Market Size and Forecast, by Product Type (2023-2030) 9.2.1. White Rum 9.2.2. Gold Rum 9.2.3. Dark/Black Rum 9.2.4. Others 9.3. Rum Market Size and Forecast, by End-User (2023-2030) 9.3.1. Household 9.3.2. Commercial 9.4. Rum Market Size and Forecast, by Distribution Channel (2023-2030 9.4.1. On Trade 9.4.2. Off Trade 9.5. Rum Market Size and Forecast, by Region (2023-2030) 9.5.1. North America 9.5.2. Europe 9.5.3. Asia Pacific 9.5.4. Middle East and Africa 9.5.5. South America 10. North America Rum Market Size and Forecast by Segmentation (by Value in USD Million and Volume in 750 ml Bottles per Units) (2023-2030) 10.1. North America North Rum Market Size and Forecast, by Category (2023-2030) 10.1.1. Plain 10.1.2. Flavoured 10.1.3. Spiced 10.2. North America Rum Market Size and Forecast, by Product Type (2023-2030) 10.2.1. White Rum 10.2.2. Gold Rum 10.2.3. Dark/Black Rum 10.2.4. Others 10.3. North America Rum Market Size and Forecast, by End-User (2023-2030) 10.3.1. Household 10.3.2. Commercial 10.4. North America Rum Market Size and Forecast, by Distribution Channel (2023-2030 10.4.1. On Trade 10.4.2. Off Trade 10.5. North America Rum Market Size and Forecast, by Country (2023-2030) 10.5.1. United States 10.5.1.1. United States Rum Market Size and Forecast, by Category (2023-2030) 10.5.1.1.1. Plain 10.5.1.1.2. Flavoured 10.5.1.1.3. Spiced 10.5.1.2. United States Rum Market Size and Forecast, by Product Type (2023-2030) 10.5.1.2.1. White Rum 10.5.1.2.2. Gold Rum 10.5.1.2.3. Dark/Black Rum 10.5.1.2.4. Others 10.5.1.3. United States Rum Market Size and Forecast, by End-User (2023-2030) 10.5.1.3.1. Household 10.5.1.3.2. Commercial 10.5.1.4. United States Rum Market Size and Forecast, by Distribution Channel (2023-2030 10.5.1.4.1. On Trade 10.5.1.4.2. Off Trade 10.5.2. Canada 10.5.2.1. Canada Rum Market Size and Forecast, by Category (2023-2030) 10.5.2.1.1. Plain 10.5.2.1.2. Flavoured 10.5.2.1.3. Spiced 10.5.2.2. Canada Rum Market Size and Forecast, by Product Type (2023-2030) 10.5.2.2.1. White Rum 10.5.2.2.2. Gold Rum 10.5.2.2.3. Dark/Black Rum 10.5.2.2.4. Others 10.5.2.3. Canada Rum Market Size and Forecast, by End-User (2023-2030) 10.5.2.3.1. Household 10.5.2.3.2. Commercial 10.5.2.4. Canada Rum Market Size and Forecast, by Distribution Channel (2023-2030 10.5.2.4.1. On Trade 10.5.2.4.2. Off Trade 10.5.3. Mexico 10.5.3.1. Mexico Rum Market Size and Forecast, by Category (2023-2030) 10.5.3.1.1. Plain 10.5.3.1.2. Flavoured 10.5.3.1.3. Spiced 10.5.3.2. Mexico Rum Market Size and Forecast, by Product Type (2023-2030) 10.5.3.2.1. White Rum 10.5.3.2.2. Gold Rum 10.5.3.2.3. Dark/Black Rum 10.5.3.2.4. Others 10.5.3.3. Mexico Rum Market Size and Forecast, by End-User (2023-2030) 10.5.3.3.1. Household 10.5.3.3.2. Commercial 10.5.3.4. Mexico Rum Market Size and Forecast, by Distribution Channel (2023-2030 10.5.3.4.1. On Trade 10.5.3.4.2. Off Trade 11. Europe Rum Market Size and Forecast by Segmentation (by Value in USD Million and Volume in 750 ml Bottles per Units) (2023-2030) 11.1. Europe Rum Market Size and Forecast, by Category (2023-2030) 11.2. Europe Rum Market Size and Forecast, by Product Type (2023-2030) 11.3. Europe Rum Market Size and Forecast, by End-User (2023-2030) 11.4. Europe Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5. Europe Rum Market Size and Forecast, by Country (2023-2030) 11.5.1. United Kingdom 11.5.1.1. United Kingdom Rum Market Size and Forecast, by Category (2023-2030) 11.5.1.2. United Kingdom Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.1.3. United Kingdom Rum Market Size and Forecast, by End-User (2023-2030) 11.5.1.4. United Kingdom Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.2. France 11.5.2.1. France Rum Market Size and Forecast, by Category (2023-2030) 11.5.2.2. France Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.2.3. France Rum Market Size and Forecast, by End-User (2023-2030) 11.5.2.4. France Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.3. Germany 11.5.3.1. Germany Rum Market Size and Forecast, by Category (2023-2030) 11.5.3.2. Germany Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.3.3. Germany Rum Market Size and Forecast, by End-User (2023-2030) 11.5.3.4. Germany Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.4. Italy 11.5.4.1. Italy Rum Market Size and Forecast, by Category (2023-2030) 11.5.4.2. Italy Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.4.3. Italy Rum Market Size and Forecast, by End-User (2023-2030) 11.5.4.4. Italy Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.5. Spain 11.5.5.1. Spain Rum Market Size and Forecast, by Category (2023-2030) 11.5.5.2. Spain Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.5.3. Spain Rum Market Size and Forecast, by End-User (2023-2030) 11.5.5.4. Spain Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.6. Sweden 11.5.6.1. Sweden Rum Market Size and Forecast, by Category (2023-2030) 11.5.6.2. Sweden Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.6.3. Sweden Rum Market Size and Forecast, by End-User (2023-2030) 11.5.6.4. Sweden Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.7. Russia 11.5.7.1. Russia Rum Market Size and Forecast, by Category (2023-2030) 11.5.7.2. Russia Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.7.3. Russia Rum Market Size and Forecast, by End-User (2023-2030) 11.5.7.4. Russia Rum Market Size and Forecast, by Distribution Channel (2023-2030) 11.5.8. Rest of Europe 11.5.8.1. Rest of Europe Rum Market Size and Forecast, by Category (2023-2030) 11.5.8.2. Rest of Europe Rum Market Size and Forecast, by Product Type (2023-2030) 11.5.8.3. Rest of Europe Rum Market Size and Forecast, by End-User (2023-2030) 11.5.8.4. Rest of Europe Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12. Asia Pacific Rum Market Size and Forecast by Segmentation (by Value in USD Million and Volume in 750 ml Bottles per Units) (2023-2030) 12.1. Asia Pacific Rum Market Size and Forecast, by Category (2023-2030) 12.2. Asia Pacific Rum Market Size and Forecast, by Product Type (2023-2030) 12.3. Asia Pacific Rum Market Size and Forecast, by End-User (2023-2030) 12.4. Asia Pacific Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5. Asia Pacific Rum Market Size and Forecast, by Country (2023-2030) 12.5.1. China 12.5.1.1. China Rum Market Size and Forecast, by Category (2023-2030) 12.5.1.2. China Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.1.3. China Rum Market Size and Forecast, by End-User (2023-2030) 12.5.1.4. China Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.2. S Korea 12.5.2.1. S Korea Rum Market Size and Forecast, by Category (2023-2030) 12.5.2.2. S Korea Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.2.3. S Korea Rum Market Size and Forecast, by End-User (2023-2030) 12.5.2.4. S Korea Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.3. Japan 12.5.3.1. Japan Rum Market Size and Forecast, by Category (2023-2030) 12.5.3.2. Japan Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.3.3. Japan Rum Market Size and Forecast, by End-User (2023-2030) 12.5.3.4. Japan Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.4. India 12.5.4.1. India Rum Market Size and Forecast, by Category (2023-2030) 12.5.4.2. India Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.4.3. India Rum Market Size and Forecast, by End-User (2023-2030) 12.5.4.4. India Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.5. Australia 12.5.5.1. Australia Rum Market Size and Forecast, by Category (2023-2030) 12.5.5.2. Australia Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.5.3. Australia Rum Market Size and Forecast, by End-User (2023-2030) 12.5.5.4. Australia Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.6. Indonesia 12.5.6.1. Indonesia Rum Market Size and Forecast, by Category (2023-2030) 12.5.6.2. Indonesia Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.6.3. Indonesia Rum Market Size and Forecast, by End-User (2023-2030) 12.5.6.4. Indonesia Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.7. Malaysia 12.5.7.1. Malaysia Rum Market Size and Forecast, by Category (2023-2030) 12.5.7.2. Malaysia Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.7.3. Malaysia Rum Market Size and Forecast, by End-User (2023-2030) 12.5.7.4. Malaysia Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.8. Philippines 12.5.8.1. Philippines Rum Market Size and Forecast, by Category (2023-2030) 12.5.8.2. Philippines Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.8.3. Philippines Rum Market Size and Forecast, by End-User (2023-2030) 12.5.8.4. Philippines Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.9. Thailand 12.5.9.1. Thailand Rum Market Size and Forecast, by Category (2023-2030) 12.5.9.2. Thailand Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.9.3. Thailand Rum Market Size and Forecast, by End-User (2023-2030) 12.5.9.4. Thailand Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.10. Vietnam 12.5.10.1. Vietnam Rum Market Size and Forecast, by Category (2023-2030) 12.5.10.2. Vietnam Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.10.3. Vietnam Rum Market Size and Forecast, by End-User (2023-2030) 12.5.10.4. Vietnam Rum Market Size and Forecast, by Distribution Channel (2023-2030) 12.5.11. Rest of Asia Pacific 12.5.11.1. Rest of Asia Pacific Rum Market Size and Forecast, by Category (2023-2030) 12.5.11.2. Rest of Asia Pacific Rum Market Size and Forecast, by Product Type (2023-2030) 12.5.11.3. Rest of Asia Pacific Rum Market Size and Forecast, by End-User (2023-2030) 12.5.11.4. Rest of Asia Pacific Rum Market Size and Forecast, by Distribution Channel (2023-2030) 13. Middle East and Africa Rum Market Size and Forecast by Segmentation (by Value in USD Million and Volume in 750 ml Bottles per Units) (2023-2030) 13.1. Middle East and Africa Rum Market Size and Forecast, by Category (2023-2030) 13.2. Middle East and Africa Rum Market Size and Forecast, by Product Type (2023-2030) 13.3. Middle East and Africa Rum Market Size and Forecast, by End-User (2023-2030) 13.4. Middle East and Africa Rum Market Size and Forecast, by Distribution Channel (2023-2030) 13.5. Middle East and Africa Rum Market Size and Forecast, by Country (2023-2030) 13.5.1. South Africa 13.5.1.1. South Africa Rum Market Size and Forecast, by Category (2023-2030) 13.5.1.2. South Africa Rum Market Size and Forecast, by Product Type (2023-2030) 13.5.1.3. South Africa Rum Market Size and Forecast, by End-User (2023-2030) 13.5.1.4. South Africa Rum Market Size and Forecast, by Distribution Channel (2023-2030) 13.5.2. GCC 13.5.2.1. GCC Rum Market Size and Forecast, by Category (2023-2030) 13.5.2.2. GCC Rum Market Size and Forecast, by Product Type (2023-2030) 13.5.2.3. GCC Rum Market Size and Forecast, by End-User (2023-2030) 13.5.2.4. GCC Rum Market Size and Forecast, by Distribution Channel (2023-2030) 13.5.3. Nigeria 13.5.3.1. Nigeria Rum Market Size and Forecast, by Category (2023-2030) 13.5.3.2. Nigeria Rum Market Size and Forecast, by Product Type (2023-2030) 13.5.3.3. Nigeria Rum Market Size and Forecast, by End-User (2023-2030) 13.5.3.4. Nigeria Rum Market Size and Forecast, by Distribution Channel (2023-2030) 13.5.4. Rest of ME&A 13.5.4.1. Rest of ME&A Rum Market Size and Forecast, by Category (2023-2030) 13.5.4.2. Rest of ME&A Rum Market Size and Forecast, by Product Type (2023-2030) 13.5.4.3. Rest of ME&A Rum Market Size and Forecast, by End-User (2023-2030) 13.5.4.4. Rest of ME&A Rum Market Size and Forecast, by Distribution Channel (2023-2030) 14. South America Rum Market Size and Forecast by Segmentation (by Value in USD Million and Volume in 750 ml Bottles per Units) (2023-2030) 14.1. South America Rum Market Size and Forecast, by Category (2023-2030) 14.2. South America Rum Market Size and Forecast, by Product Type (2023-2030) 14.3. South America Rum Market Size and Forecast, by End-User (2023-2030) 14.4. South America Rum Market Size and Forecast, by Distribution Channel (2023-2030) 14.5. South America Rum Market Size and Forecast, by Country (2023-2030) 14.5.1. Brazil 14.5.1.1. Brazil Rum Market Size and Forecast, by Category (2023-2030) 14.5.1.2. Brazil Rum Market Size and Forecast, by Product Type (2023-2030) 14.5.1.3. Brazil Rum Market Size and Forecast, by End-User (2023-2030) 14.5.1.4. Brazil Rum Market Size and Forecast, by Distribution Channel (2023-2030) 14.5.2. Argentina 14.5.2.1. Argentina Rum Market Size and Forecast, by Category (2023-2030) 14.5.2.2. Argentina Rum Market Size and Forecast, by Product Type (2023-2030) 14.5.2.3. Argentina Rum Market Size and Forecast, by End-User (2023-2030) 14.5.2.4. Argentina Rum Market Size and Forecast, by Distribution Channel (2023-2030) 14.5.3. Colombia 14.5.3.1. Colombia Rum Market Size and Forecast, by Category (2023-2030) 14.5.3.2. Colombia Rum Market Size and Forecast, by Product Type (2023-2030) 14.5.3.3. Colombia Rum Market Size and Forecast, by End-User (2023-2030) 14.5.3.4. Colombia Rum Market Size and Forecast, by Distribution Channel (2023-2030) 14.5.4. Chile 14.5.4.1. Chile Rum Market Size and Forecast, by Category (2023-2030) 14.5.4.2. Chile Rum Market Size and Forecast, by Product Type (2023-2030) 14.5.4.3. Chile Rum Market Size and Forecast, by End-User (2023-2030) 14.5.4.4. Chile Rum Market Size and Forecast, by Distribution Channel (2023-2030) 14.5.5. Rest of South America 14.5.5.1. Rest of South America Rum Market Size and Forecast, by Category (2023-2030) 14.5.5.2. Rest of South America Rum Market Size and Forecast, by Product Type (2023-2030) 14.5.5.3. Rest of South America Rum Market Size and Forecast, by End-User (2023-2030) 14.5.5.4. Rest of South America Rum Market Size and Forecast, by Distribution Channel (2023-2030) 15. Company Profile: Key Players 15.1. Bacardi Limited 15.1.1. Company Overview 15.1.2. Business Portfolio 15.1.3. Financial Overview 15.1.4. SWOT Analysis 15.1.5. Strategic Analysis 15.2. HOVI Trading Ltd 15.3. Westerhall Estate Ltd 15.4. Tanduay Distillers, Inc 15.5. Diageo 15.6. Davide Campari-Milano Spa 15.7. Demerara Distillers Ltd 15.8. Nova Scotia Spirit Co 15.9. Pernod Ricard SA 15.10. Suntory Holdings Ltd 15.11. William Grant & Sons Ltd 15.12. Mohan Meakin Limited 15.13. Remy cointreau Group 15.14. Cayman spirits Co 15.15. Halewood International holdings PLC 15.16. Arehucas 15.17. Elements Eight Rum Company Ltd 15.18. Edrington 15.19. Radico Khaitan Limited 15.20. Green Tree Distillery 15.21. La Martiniquaise 15.22. Hacienda Monterrey wines & Spirits S.l. 15.23. MAISON FERRAND 15.24. Tanduay Distillers, Inc 15.25. Alcobrew Distilleries Pvt Ltd 15.26. Deejay Distilleries Private Limited 15.27. Tilaknagar Industries Ltd. 15.28. Rum-bar 15.29. Old Pascas 15.30. Bondston 15.31. Myers's 15.32. XX Inc 16. Key Findings 17. Analyst Recommendations 18. Rum Market: Research Methodology