Product Code: VMR11219951
The global demand for Craft Rum Market is presumed to reach the market size of nearly USD 6.97 BN by 2030 from USD 3.71 BN in 2022 with a CAGR of 8.2% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Thousand Liters in 2022 and forecast to touch XX Thousand Liters by 2030 with a CAGR of XX% during 2023-2030.
Craft rum is a type of rum that is produced in small batches by artisanal distillers using traditional methods and high-quality ingredients. It is known for its unique flavours and aromas, which are often influenced by the specific ingredients and techniques used in its production. Craft rum is often made from molasses, a byproduct of the sugar refining process, and may be aged in oak barrels for some time to enhance its flavour and complexity.
Market Dynamics:
The craft rum industry has experienced significant growth as more and more people discover these artisanal distillers' unique and high-quality offerings. The rise of craft rum has also been fueled by the increasing availability of these products as more and more craft distillers enter the market. Many craft rums are available online and in speciality liquor stores, making it easier for consumers to discover and purchase these high-quality products. However, the high cost of production may limit market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of craft rum. The growth and trends of Craft Rum Industry provide a holistic approach to this study.
Market Segmentation:
This section of the craft rum market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Light Rum
- Gold Rum
- Dark/Black Rum
- Rhum Agricole
- Others
By Volume
- Under 350Ml
- 351Ml - 750Ml
- Above 750Ml
By Pricing
By End-User
- Individual
- Commercial (Hotels & Restaurants, Pubs & Clubs, Others)
By Distribution Channel
- Online (Company Websites, E-Commerce Websites)
- Offline (Direct Sales, Indirect Sales)
Regional Analysis:
This section covers the regional outlook, which accentuates current and future demand for the Craft Rum market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the craft rum market include Bacardi Limited, Cardinal Spirits LLC, Merser & Co., Muddy River Distillery, KA loa Rum Company, Lyon Distilling Company LLC, Arizona Craft Beverage Inc., Stilldistilling Spirits Pvt. Ltd., Devon Rum Company, Wicked Dolphin Rum, 25° South Distillery, Bristol Spirits Ltd., La Hechicera Company, Burning Barn Rum. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . CRAFT RUM - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Volume
- 3.7.3 Market Attractiveness Analysis By Pricing
- 3.7.4 Market Attractiveness Analysis By End-user
- 3.7.5 Market Attractiveness Analysis By Distribution Channel
- 3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL CRAFT RUM MARKET ANALYSIS BY PRODUCT TYPE
- 6.1 Overview by Product Type
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Product Type
- 6.4 Light Rum Historic and Forecast Sales by Regions
- 6.5 Gold Rum Historic and Forecast Sales by Regions
- 6.6 Dark/Black Rum Historic and Forecast Sales by Regions
- 6.7 Rhum Agricole Historic and Forecast Sales by Regions
- 6.8 Others Historic and Forecast Sales by Regions
7 . GLOBAL CRAFT RUM MARKET ANALYSIS BY VOLUME
- 7.1 Overview by Volume
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Volume
- 7.4 Under 350Ml Historic and Forecast Sales by Regions
- 7.5 351ml - 750Ml Historic and Forecast Sales by Regions
- 7.6 Above 750Ml Historic and Forecast Sales by Regions
8 . GLOBAL CRAFT RUM MARKET ANALYSIS BY PRICING
- 8.1 Overview by Pricing
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Pricing
- 8.4 Mass Historic and Forecast Sales by Regions
- 8.5 Premium Historic and Forecast Sales by Regions
9 . GLOBAL CRAFT RUM MARKET ANALYSIS BY END-USER
- 9.1 Overview by End-user
- 9.2 Historical and Forecast Data
- 9.3 Analysis by End-user
- 9.4 Individual Historic and Forecast Sales by Regions
- 9.5 Commercial (Hotels & Restaurants, Pubs & Clubs, Others) Historic and Forecast Sales by Regions
10 . GLOBAL CRAFT RUM MARKET ANALYSIS BY DISTRIBUTION CHANNEL
- 10.1 Overview by Distribution Channel
- 10.2 Historical and Forecast Data
- 10.3 Analysis by Distribution Channel
- 10.4 Online (Company Websites, E-commerce Websites) Historic and Forecast Sales by Regions
- 10.5 Offline (Direct Sales, Indirect Sales) Historic and Forecast Sales by Regions
11 . GLOBAL CRAFT RUM MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Regional Outlook
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Data Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Data Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Data Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Data Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Data Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis
12 . COMPETITIVE LANDSCAPE OF THE CRAFT RUM COMPANIES
- 12.1. Craft Rum Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13 . COMPANY PROFILES OF CRAFT RUM INDUSTRY
- 13.1. Company Share Analysis
- 13.2. Market Concentration Rate
- 13.3. Bacardi Limited
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
- 13.4. Cardinal Spirits LLC
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
- 13.5. Merser & Co.
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
- 13.6. Muddy River Distillery
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
- 13.7. Koloa Rum Company
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
- 13.8. Lyon Distilling Company LLC
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
- 13.9. Arizona Craft Beverage Inc.
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
- 13.10. Stilldistilling Spirits Pvt. Ltd.
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
- 13.11. Devon Rum Company
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
- 13.12. Wicked Dolphin Rum
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
- 13.13. 25° South Distillery
- 13.13.1. Company Overview
- 13.13.2. Company Revenue
- 13.13.3. Products
- 13.13.4. Recent Developments
- 13.14. Bristol Spirits Ltd.
- 13.14.1. Company Overview
- 13.14.2. Company Revenue
- 13.14.3. Products
- 13.14.4. Recent Developments
- 13.15. La Hechicera Company
- 13.15.1. Company Overview
- 13.15.2. Company Revenue
- 13.15.3. Products
- 13.15.4. Recent Developments
- 13.16. Burning Barn Rum
- 13.16.1. Company Overview
- 13.16.2. Company Revenue
- 13.16.3. Products
- 13.16.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies