North America Rum Market Size & Outlook, 2025-2030
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North America rum market highlights
- The North America rum market generated a revenue of USD 4,033.4 million in 2024.
- The market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, dark and golden rum was the largest revenue generating product type in 2024.
- White Rum is the most lucrative product type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 4,033.4 million |
| Market revenue in 2030 | USD 5,326.6 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Dark and golden rum |
| Fastest growing segment | White Rum |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dark and Golden Rum, White Rum, Flavored and Spiced Rum |
| Key market players worldwide | Bacardi Limited, Davide Campari-Milano NV Az nom Post Frazionamento, Demerara Distillers, Diageo, LT Group Inc, Nova Scotia Spirit Co., Pernod Ricard SA, Dictador, William Grant & Sons, Mohan Meakin |
Other key industry trends
- In terms of revenue, North America region accounted for 21.8% of the global rum market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5,326.6 million by 2030.
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Rum Market Scope
Rum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mohan Meakin | View profile | 101-250 | Ghaziabad, Uttar Pradesh, India, Asia | https://mohanmeakin.com |
| Dictador | View profile | 51-100 | Katowice, Slaskie, Poland, Europe | https://dictador.com |
| Nova Scotia Spirit Co. | View profile | 11-50 | Stellarton, Nova Scotia, Canada, North America | https://www.novascotiaspirits.com |
| Demerara Distillers | View profile | 101-250 | Plantation, Florida, United States, North America | https://demeraradistillers.com |
| Bacardi Limited | View profile | - | - | - |
| Diageo | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.diageo.com |
| William Grant & Sons | View profile | 1001-5000 | Motherwell, North Lanarkshire, United Kingdom, Europe | http://www.williamgrant.com |
| LT Group Inc | View profile | 12333 | 30th Street Corner Rizal Drive, 11th Floor, Unit 3 Bench Tower, Crescent Park West 5, Taguig, Philippines, 1634 | https://www.ltg.com.ph |
| Davide Campari-Milano NV Az nom Post Frazionamento | View profile | 4764 | Via Franco Sacchetti 20, Sesto San Giovanni, Milan, Italy, 20099 | https://www.camparigroup.com |
| Pernod Ricard SA | View profile | 20617 | 5, Cours Paul Ricard, Paris, France, 75008 | https://www.pernod-ricard.com |
North America 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 rum market will help companies and investors design strategic landscapes.
Dark and golden rum was the largest segment with a revenue share of 49.59% in 2024. Horizon Databook has segmented the North America rum market based on dark and golden rum, white rum, flavored and spiced rum covering the revenue growth of each sub-segment from 2018 to 2030.
The rum market is experiencing rapid growth due to rising consumer interest in premiumization, craft spirits, and diverse flavor profiles, particularly among millennials and Gen Z consumers. The growing popularity of rum-based cocktails, such as mojitos and dark 'n' stormies, in bars and at-home settings is fueling demand, while innovation in flavored and aged rum varieties is attracting new consumers seeking unique experiences.
Additionally, the expanding presence of craft distilleries, increased marketing around Caribbean heritage and authenticity, and the broader shift toward spirits over beer are contributing to sustained growth.
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Target buyers of North America rum market databook
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Our clientele includes a mix of rum market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America rum market , including forecasts for subscribers. This continent databook contains high-level insights into North America rum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America rum market size, by country, 2018-2030 (US$M)
North America Rum Market Outlook Share, 2024 & 2030 (US$M)
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