Brazil Craft Rum Market Size & Outlook, 2019-2027

The craft rum market in Brazil is expected to reach a projected revenue of US$ 42.2 million by 2027. A compound annual growth rate of 4.9% is expected of Brazil craft rum market from 2020 to 2027.
Revenue, 2019 (US$M)
$28.9
Forecast, 2027 (US$M)
$42.2
CAGR, 2020 - 2027
4.8%
Report Coverage
Brazil

Brazil craft rum market highlights

  • The Brazil craft rum market generated a revenue of USD 28.9 million in 2019 and is expected to reach USD 42.2 million by 2027.
  • The Brazil market is expected to grow at a CAGR of 4.9% 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.

Craft rum market data book summary

Market revenue in 2019USD 28.9 million
Market revenue in 2027USD 42.2 million
Growth rate4.9% (CAGR from 2019 to 2027)
Largest segmentOn-trade
Fastest growing segmentOff-trade
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationOn-trade, Off-trade
Key market players worldwideSuntory Beverage & Food Ltd, Diageo PLC, Maine Craft Distilling, PepsiCo Inc, Bacardi, Wicked Dolphin

Other key industry trends

  • In terms of revenue, Brazil accounted for 2.7% of the global craft rum market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Latin America, Brazil craft rum market is projected to lead the regional market in terms of revenue in 2027.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 42.2 million by 2027.

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Craft Rum Market Scope

Craft Rum Market Companies

Name Profile # Employees HQ Website

Brazil 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 69.9% in 2019. Horizon Databook has segmented the Brazil craft rum market based on on-trade, off-trade covering the revenue growth of each sub-segment from 2016 to 2027.


  • Brazil Craft Rum Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • On-trade
    • Off-trade

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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil craft rum market, including forecasts for subscribers. This country databook contains high-level insights into Brazil craft rum market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Brazil craft rum market size, by distribution channel, 2016-2027 (US$M)

Brazil Craft Rum Market Share, 2019 & 2027 (US$M)

Brazil craft rum market size, by distribution channel, 2016-2027 (US$M)

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