Spain Rum Market Size & Outlook, 2022-2030

The rum market in Spain is expected to reach a projected revenue of US$ 0.3 billion by 2030. A compound annual growth rate of 6.7% is expected of Spain rum market from 2023 to 2030.
Revenue, 2022 (US$B)
$0.2
Forecast, 2030 (US$B)
$0.3
CAGR, 2023 - 2030
5.2%
Report Coverage
Spain

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 2022USD 0.2 billion
Market revenue in 2030USD 0.3 billion
Growth rate6.7% (CAGR from 2022 to 2030)
Largest segmentOn-trade
Fastest growing segmentOn-trade
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationOn-trade, Off-trade
Key market players worldwideDavide 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 Companies

Name Profile # Employees HQ Website

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

  • Our clientele includes a mix of rum market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 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.

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Spain rum market size, by distribution, 2018-2030 (US$B)

Spain Rum Market Outlook Share, 2022 & 2030 (US$B)

Spain rum market size, by distribution, 2018-2030 (US$B)

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