Spain Rum Market Size & Outlook, 2022-2030
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Spain rum market highlights
- The Spain rum market generated a revenue of USD 0.2 billion in 2022 and is expected to reach USD 0.3 billion by 2030.
- The Spain market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
- In terms of segment, on-trade was the largest revenue generating distribution in 2022.
- On-trade is the most lucrative distribution segment registering the fastest growth during the forecast period.
Rum market data book summary
| Market revenue in 2022 | USD 0.2 billion |
| Market revenue in 2030 | USD 0.3 billion |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | On-trade |
| Fastest growing segment | On-trade |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | On-trade, Off-trade |
| Key market players worldwide | Davide Campari-Milano NV Az nom Post Frazionamento, Diageo PLC, LT Group Inc, Pernod Ricard SA, Suntory Beverage & Food Ltd |
Other key industry trends
- In terms of revenue, Spain accounted for 2.3% of the global rum market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany rum market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 0.3 billion by 2030.
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Rum Market Scope
Rum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 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 |
| Diageo PLC | View profile | 30269 | 16 Great Marlborough Street, London, United Kingdom, W1F 7HS | https://www.diageo.com |
| Pernod Ricard SA | View profile | 20617 | 5, Cours Paul Ricard, Paris, France, 75008 | https://www.pernod-ricard.com |
| Suntory Beverage & Food Ltd | View profile | 24641 | 3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.suntory.co.jp |
Spain 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.
On-trade was the largest segment with a revenue share of 50% in 2022. Horizon Databook has segmented the Spain rum market based on on-trade, off-trade covering the revenue growth of each sub-segment from 2018 to 2030.
- Spain Rum Distribution Outlook (Revenue, USD Billion, 2018-2030)
- On-trade
- Off-trade
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Target buyers of Spain 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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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 country-level data and insights on the Spain rum market , including forecasts for subscribers. This country databook contains high-level insights into Spain rum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain rum market size, by distribution, 2018-2030 (US$B)
Spain Rum Market Outlook Share, 2022 & 2030 (US$B)
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