Global Craft Rum Market Size & Outlook, 2024-2030
Global craft rum market, 2018-2030 (US$M)
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Global craft rum market highlights
- The global craft rum market generated a revenue of USD 1,345.6 million in 2024 and is expected to reach USD 1,890.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.9% by 2030.
- In terms of segment, on-trade accounted for a revenue of USD 881.0 million in 2024.
- Off-trade is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, Italy is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,345.6 million |
| Market revenue in 2030 | USD 1,890.7 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | On-trade |
| Fastest growing segment | Off-trade |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-trade, Off-trade |
Other key industry trends
- In terms of revenue, the North America accounted for 19.8% of the global craft rum market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 94.5 million by 2030.
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Craft Rum Market Scope
Craft Rum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global craft rum market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to craft rum market will help companies and investors design strategic landscapes.
On-trade was the largest segment with a revenue share of 65.47% in 2024. Horizon Databook has segmented the Global craft rum market based on on-trade, off-trade covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Craft Rum Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- On-trade
- Off-trade
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Target buyers of Global craft rum market databook
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Our clientele includes a mix of craft rum market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global craft rum market, including forecasts for subscribers. This global databook contains high-level insights into Global craft rum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global craft rum market size, by regions, 2018-2030 (US$M)
Top 10 countries: Craft rum market size, 2024 (US$M)
Global craft rum market share, by distribution channel, 2024 & 2030 (%, US$M)
Craft rum market: Opportunity assessment by country
Global craft rum market, by region, 2024 (US$M)
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