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Rum in Venezuela to 2014 (Spirits)
Datamonitor, Jan 2011, Pages: 35
Introduction
This databook provides key data and information on the Rum in Venezuela (Spirits). This report is a comprehensive resource for market, category and segment level data including value, volume, distribution share and company & brand share. This report also provides expenditure and consumption data for the historic and forecast periods.
Scope
-Market,category and segment level information on value, volume, and expenditure & consumption, with historic (2003-2008) and forecast (2009-2013) data -Category level company and brand share as well as distribution share information for 2007 and 2008
Highlights
-The rum category was valued at VEF158,168m ($73.7m) in 2009, representing a CAGR of 6.6% since 2004. -By the end of 2014, the rum category will be worth VEF197,885m ($92.2m), with an expected CAGR of 4.6% between 2009 and 2014. -The rum market volume totaled 14.2 million liters in 2009, representing a CAGR of 8.4% since 2004. -By the end of 2014, the rum market will total 17.5 million liters, with an expected CAGR of 4.3% between 2009 and 2014. -The rum market was led by dark rum (representing 99.9% of the total value), with light rum accounting for the remaining 0.1% share. -Diageo plc is the market leader with a 47.2% share of the market. Rum in Venezuela (Spirits)
-Design effective marketing and sales strategies by identifying key market categories and segments
-Identify key players within the market to plan lucrative M&A, partnerships and agreements
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