Europe Spiced Rum Market Size & Outlook, 2019-2027

The spiced rum market in Europe is expected to reach a projected revenue of US$ 2,666.6 million by 2027. A compound annual growth rate of 5% is expected of Europe spiced rum market from 2020 to 2027.
Revenue, 2019 (US$M)
$1,799.4
Forecast, 2027 (US$M)
$2,666.6
CAGR, 2020 - 2027
5%
Report Coverage
Europe

Europe spiced rum market highlights

  • The Europe spiced rum market generated a revenue of USD 1,799.4 million in 2019.
  • The market is expected to grow at a CAGR of 5% from 2020 to 2027.
  • In terms of segment, fruit was the largest revenue generating product in 2019.
  • Mix is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.


Europe data book summary

Market revenue in 2019USD 1,799.4 million
Market revenue in 2027USD 2,666.6 million
Growth rate5% (CAGR from 2019 to 2027)
Largest segmentFruit
Fastest growing segmentMix
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationVanilla, Fruit, Mix
Key market players worldwideDiageo PLC, Bacardi, Suntory Beverage & Food Ltd, Davide Campari-Milano NV Az nom Post Frazionamento, Pernod Ricard SA, Maine Craft Distilling, LT Group Inc, Heaven Hill Distilleries, Sazerac Company


Other key industry trends

  • In terms of revenue, Europe region accounted for 26.9% of the global spiced rum market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Europe is the fastest growing regional market and is projected to reach USD 2,666.6 million by 2027.

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Spiced Rum Market Companies

Name Profile # Employees HQ Website

Europe spiced 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 spiced rum market will help companies and investors design strategic landscapes.


Fruit was the largest segment with a revenue share of 59.59% in 2019. Horizon Databook has segmented the Europe spiced rum market based on vanilla, fruit, mix covering the revenue growth of each sub-segment from 2016 to 2027.


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

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Europe spiced rum market size, by country, 2016-2027 (US$M)

Europe Spiced Rum Market Outlook Share, 2019 & 2027 (US$M)

Europe spiced rum market size, by country, 2016-2027 (US$M)

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