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.
- 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.
- 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.
- 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 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:
- Diageo
- Bacardi
- Tanduay Distillers
- United Spirits
- Pernod Ricard
- Maine Craft Distilling
- Altitude Spirits
- Heaven Hill Distilleries
- Suntory Holdings
- Destileria Serralles
- Sazerac
Highlights of The Spiced/Flavored Rum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ginger Flavor
- Vanilla Flavor
- Cinnamon Flavor
- Clove Flavor
- By Application:
- Hypermarket/Supermarket
- Departmental Stores
- Convenience Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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