Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Spiced/Flavored Rum Market by Type (Ginger Flavor, Vanilla Flavor, Cinnamon Flavor, Clove Flavor), By Application (Hypermarket/Supermarket, Departmental Stores, Convenience Stores, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Spiced/Flavored Rum Market by Type (Ginger Flavor, Vanilla Flavor, Cinnamon Flavor, Clove Flavor), By Application (Hypermarket/Supermarket, Departmental Stores, Convenience Stores, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 213923 3300 Food & Beverages 377 234 Pages 4.8 (41)
                                          

The global spiced/flavored rum market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by the increasing demand for flavored rums in various applications such as hypermarkets/supermarkets, departmental stores, and convenience stores. The growing popularity of spiced rum among consumers has led to an increase in the number of new product launches in this category.

  1. The global rum market is expected to grow at a CAGR of 3.2% from 2016-2020, with the US and Europe being the largest markets for spiced/flavored rum.
  2. Spiced/flavored rums are popular in the US and Europe due to their sweeter taste profile, which is more appealing to consumers than traditional rums that have a more bitter taste profile.
  3. The popularity of spiced/flavored rums has been attributed to their sweeter taste profile, which is more appealing to consumers than traditional rums that have a more bitter taste profile 4.Spices such as cinnamon, nutmeg, ginger and cloves are often used in spiced/flavored rum production because they can mask some of the harsher flavors found in traditional rum production methods such as distillation or fermentation processes that use molasses or sugarcane juice as raw materials respectively.

Industry Growth Insights published a new data on “Spiced/Flavored Rum Market”. The research report is titled “Spiced/Flavored Rum Market research by Types (Ginger Flavor, Vanilla Flavor, Cinnamon Flavor, Clove Flavor), By Applications (Hypermarket/Supermarket, Departmental Stores, Convenience Stores, Others), By Players/Companies Diageo, Bacardi, Tanduay Distillers, United Spirits, Pernod Ricard, Maine Craft Distilling, Altitude Spirits, Heaven Hill Distilleries, Suntory Holdings, Destileria Serralles, Sazerac”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Spiced/Flavored Rum Market Research Report

By Type

Ginger Flavor, Vanilla Flavor, Cinnamon Flavor, Clove Flavor

By Application

Hypermarket/Supermarket, Departmental Stores, Convenience Stores, Others

By Companies

Diageo, Bacardi, Tanduay Distillers, United Spirits, Pernod Ricard, Maine Craft Distilling, Altitude Spirits, Heaven Hill Distilleries, Suntory Holdings, Destileria Serralles, Sazerac

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Spiced/Flavored Rum Industry Outlook


Global Spiced/Flavored Rum Market Report Segments:

The global Spiced/Flavored Rum market is segmented on the basis of:

Types

Ginger Flavor, Vanilla Flavor, Cinnamon Flavor, Clove Flavor

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Hypermarket/Supermarket, Departmental Stores, Convenience Stores, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Diageo
  2. Bacardi
  3. Tanduay Distillers
  4. United Spirits
  5. Pernod Ricard
  6. Maine Craft Distilling
  7. Altitude Spirits
  8. Heaven Hill Distilleries
  9. Suntory Holdings
  10. Destileria Serralles
  11. Sazerac

Global Spiced/Flavored Rum Market Overview


Highlights of The Spiced/Flavored Rum Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ginger Flavor
    2. Vanilla Flavor
    3. Cinnamon Flavor
    4. Clove Flavor
  1. By Application:

    1. Hypermarket/Supermarket
    2. Departmental Stores
    3. Convenience Stores
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Spiced/Flavored Rum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Spiced/Flavored Rum Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Spiced/flavored rum is a type of rum that has been infused with spices or flavors.

Some of the major companies in the spiced/flavored rum market are Diageo, Bacardi, Tanduay Distillers, United Spirits, Pernod Ricard, Maine Craft Distilling, Altitude Spirits, Heaven Hill Distilleries, Suntory Holdings, Destileria Serralles, Sazerac.

The spiced/flavored rum market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Spiced/Flavored Rum Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Spiced/Flavored Rum Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Spiced/Flavored Rum Market - Supply Chain
   4.5. Global Spiced/Flavored Rum Market Forecast
      4.5.1. Spiced/Flavored Rum Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Spiced/Flavored Rum Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Spiced/Flavored Rum Market Absolute $ Opportunity

5. Global Spiced/Flavored Rum Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Spiced/Flavored Rum Market Size and Volume Forecast by Type
      5.3.1. Ginger Flavor
      5.3.2. Vanilla Flavor
      5.3.3. Cinnamon Flavor
      5.3.4. Clove Flavor
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Spiced/Flavored Rum Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Spiced/Flavored Rum Market Size and Volume Forecast by Application
      6.3.1. Hypermarket/Supermarket
      6.3.2. Departmental Stores
      6.3.3. Convenience Stores
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Spiced/Flavored Rum Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Spiced/Flavored Rum Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Spiced/Flavored Rum Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Spiced/Flavored Rum Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Spiced/Flavored Rum Demand Share Forecast, 2019-2026

9. North America Spiced/Flavored Rum Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Spiced/Flavored Rum Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Spiced/Flavored Rum Market Size and Volume Forecast by Application
      9.4.1. Hypermarket/Supermarket
      9.4.2. Departmental Stores
      9.4.3. Convenience Stores
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Spiced/Flavored Rum Market Size and Volume Forecast by Type
      9.7.1. Ginger Flavor
      9.7.2. Vanilla Flavor
      9.7.3. Cinnamon Flavor
      9.7.4. Clove Flavor
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Spiced/Flavored Rum Demand Share Forecast, 2019-2026

10. Latin America Spiced/Flavored Rum Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Spiced/Flavored Rum Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Spiced/Flavored Rum Market Size and Volume Forecast by Application
      10.4.1. Hypermarket/Supermarket
      10.4.2. Departmental Stores
      10.4.3. Convenience Stores
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Spiced/Flavored Rum Market Size and Volume Forecast by Type
      10.7.1. Ginger Flavor
      10.7.2. Vanilla Flavor
      10.7.3. Cinnamon Flavor
      10.7.4. Clove Flavor
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Spiced/Flavored Rum Demand Share Forecast, 2019-2026

11. Europe Spiced/Flavored Rum Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Spiced/Flavored Rum Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Spiced/Flavored Rum Market Size and Volume Forecast by Application
      11.4.1. Hypermarket/Supermarket
      11.4.2. Departmental Stores
      11.4.3. Convenience Stores
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Spiced/Flavored Rum Market Size and Volume Forecast by Type
      11.7.1. Ginger Flavor
      11.7.2. Vanilla Flavor
      11.7.3. Cinnamon Flavor
      11.7.4. Clove Flavor
   11.8. Basis Point Share (PS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Spiced/Flavored Rum Demand Share, 2019-2026

12. Asia Pacific Spiced/Flavored Rum Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Spiced/Flavored Rum Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Spiced/Flavored Rum Market Size and Volume Forecast by Application
      12.4.1. Hypermarket/Supermarket
      12.4.2. Departmental Stores
      12.4.3. Convenience Stores
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Spiced/Flavored Rum Market Size and Volume Forecast by Type
      12.7.1. Ginger Flavor
      12.7.2. Vanilla Flavor
      12.7.3. Cinnamon Flavor
      12.7.4. Clove Flavor
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Spiced/Flavored Rum Demand Share, 2019-2026

13. Middle East & Africa Spiced/Flavored Rum Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Spiced/Flavored Rum Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Spiced/Flavored Rum Market Size and Volume Forecast by Application
      13.4.1. Hypermarket/Supermarket
      13.4.2. Departmental Stores
      13.4.3. Convenience Stores
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Spiced/Flavored Rum Market Size and Volume Forecast by Type
      13.7.1. Ginger Flavor
      13.7.2. Vanilla Flavor
      13.7.3. Cinnamon Flavor
      13.7.4. Clove Flavor
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Spiced/Flavored Rum Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Spiced/Flavored Rum Market: Market Share Analysis
   14.2. Spiced/Flavored Rum Distributors and Customers
   14.3. Spiced/Flavored Rum Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Diageo
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Bacardi
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Tanduay Distillers
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. United Spirits
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Pernod Ricard
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Maine Craft Distilling
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Altitude Spirits
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Heaven Hill Distilleries
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Suntory Holdings
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Destileria Serralles
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Sazerac
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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