Asia Pacific Craft Rum Market Size & Outlook, 2019-2027
Asia Pacific craft rum market, 2016-2027 (US$M)
Related Markets
Asia Pacific craft rum market highlights
- The Asia Pacific craft rum market generated a revenue of USD 322.8 million in 2019.
- The market is expected to grow at a CAGR of 5.5% from 2020 to 2027.
- In terms of segment, on-trade was the largest revenue generating distribution channel in 2019.
- Off-trade is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 322.8 million |
| Market revenue in 2027 | USD 496.5 million |
| Growth rate | 5.5% (CAGR from 2019 to 2027) |
| Largest segment | On-trade |
| Fastest growing segment | Off-trade |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-trade, Off-trade |
| Key market players worldwide | Suntory Beverage & Food Ltd, Diageo PLC, Maine Craft Distilling, PepsiCo Inc, Bacardi, Wicked Dolphin |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.3% of the global craft rum market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 496.5 million by 2027.
Key Regions: U.S. , UK , Brazil , India , Philippines
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Craft Rum Market Scope
Craft Rum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 62.98% in 2019. Horizon Databook has segmented the Asia Pacific craft rum market based on on-trade, off-trade covering the revenue growth of each sub-segment from 2016 to 2027.
- Asia Pacific Craft Rum Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- On-trade
- Off-trade
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Target buyers of Asia Pacific 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific craft rum market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific craft rum market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific craft rum market size, by country, 2016-2027 (US$M)
Asia Pacific Craft Rum Market Share, 2019 & 2027 (US$M)
Related regional statistics
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