FEATURED COMPANIES
- Asahi Group Holdings Ltd.
- Davide Campari-Milano Spa
- Demerara Distillers Ltd.
- Diageo Plc
- LT Group Inc.
- Nova Scotia Spirit Co.
Global Rum Market to Reach $20.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Rum estimated at US$14.4 Billion in the year 2020, is projected to reach a revised size of US$20.6 Billion by 2027, growing at a CAGR of 5.3% over the period 2020-2027.
The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 8.5% CAGR
The Rum market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2027 trailing a CAGR of 8.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Select Competitors (Total 34 Featured):
Amid the COVID-19 crisis, the global market for Rum estimated at US$14.4 Billion in the year 2020, is projected to reach a revised size of US$20.6 Billion by 2027, growing at a CAGR of 5.3% over the period 2020-2027.
The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 8.5% CAGR
The Rum market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2027 trailing a CAGR of 8.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Select Competitors (Total 34 Featured):
- Asahi Group Holdings Ltd.
- Bacardi Global Brands Ltd.
- Davide Campari-Milano Spa
- Demerara Distillers Ltd.
- Diageo Plc
- LT Group Inc.
- Nova Scotia Spirit Co.
- Pernod Ricard SA
- Suntory Holdings Ltd.
- William Grant & Sons Ltd.
Frequently Asked Questions about the Global Market for Rum
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Report Attribute | Details |
---|---|
Published | April 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD ) in 2020 | $ 14.4 Billion |
Forecasted Market Value ( USD ) by 2027 | $ 20.6 Billion |
Compound Annual Growth Rate | 5.2% |
FEATURED COMPANIES
- Asahi Group Holdings Ltd.
- Davide Campari-Milano Spa
- Demerara Distillers Ltd.
- Diageo Plc
- LT Group Inc.
- Nova Scotia Spirit Co.
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes:
- Asahi Group Holdings Ltd.
- Bacardi Global Brands Ltd.
- Davide Campari-Milano Spa
- Demerara Distillers Ltd.
- Diageo Plc
- LT Group Inc.
- Nova Scotia Spirit Co.
- Pernod Ricard SA
- Suntory Holdings Ltd.
- William Grant & Sons Ltd.