Craft Rum Market (Product Type: Light Rum, Gold Rum, Dark Rum, Rhum Agricole, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Craft Rum Market (Product Type: Light Rum, Gold Rum, Dark Rum, Rhum Agricole, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Craft Rum Market – Scope of Report
TMR’s report on the global craft rum market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global craft rum market for the period 2017–2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global craft rum market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the craft rum market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global craft rum market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global craft rum market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global craft rum market.

The report delves into the competitive landscape of the global craft rum market. Key players operating in the global craft rum market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global craft rum market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market craft rum.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

Company websites, presentations, annual reports, white papers, technical paper, product brochure
Internal and external proprietary databases and relevant patents
National government documents, statistical databases, and market reports
News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

Industry Sources:
WorldWideScience.org
Elsevier, Inc.
National Institutes of Health (NIH)
PubMed
NCBI
Department of Health Care Service
Trade Data Sources
Trade Map
UN Comtrade
Trade Atlas
Company Information
OneSource Business Browser
Hoover’s
Factiva
Bloomberg
Mergers & Acquisitions
Thomson Mergers & Acquisitions
MergerStat
Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
Helps in validating and strengthening secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
Purchasing/Sourcing managers, technical personnel, distributors
Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

Advanced Oncotherapy PLC
Danfysik A/S
Hitachi, Ltd.
IBA Worldwide
Mevion Medical Systems, Inc.

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others
Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.3.1. Overall Rum Industry Overview
5.4. Porter’s Five Forces Analysis
5.5. Value Chain Analysis
5.6. Industry SWOT Analysis
5.7. COVID-19 Impact Analysis
5.8. Standards & Regulatory Frameworks
5.9. Ingredients Analysis
5.10. Global Craft Rum Market Analysis and Forecast, 2017 - 2031
5.10.1. Market Value Projections (US$ Mn)
5.10.2. Market Volume Projections (Thousand Liters)
6. Global Craft Rum Market Analysis and Forecast, By Product Type
6.1. Craft Rum Market Size (US$ Mn and Thousand Liters), By Product Type, 2017 - 2031
6.1.1. Light Rum
6.1.1.1. Flavored & Spiced Rum
6.1.1.2. Non-flavored & Spiced Rum
6.1.2. Gold Rum
6.1.2.1. Flavored & Spiced Rum
6.1.2.2. Non-flavored & Spiced Rum
6.1.3. Dark/Black Rum
6.1.3.1. Flavored & Spiced Rum
6.1.3.2. Non-flavored & Spiced Rum
6.1.4. Rhum Agricole
6.1.5. Others
6.2. Incremental Opportunity, By Product Type
7. Global Craft Rum Market Analysis and Forecast, By Volume
7.1. Craft Rum Market Size (US$ Mn and Thousand Liters), By Volume, 2017 - 2031
7.1.1. Under 350 ml
7.1.2. 351 ml - 750 ml
7.1.3. Above 750 ml
7.2. Incremental Opportunity, By Volume
8. Global Craft Rum Market Analysis and Forecast, By Pricing
8.1. Craft Rum Market Size (US$ Mn and Thousand Liters), By Pricing, 2017 - 2031
8.1.1. Mass
8.1.2. Premium
8.2. Incremental Opportunity, By Pricing
9. Global Craft Rum Market Analysis and Forecast, By End-user
9.1. Craft Rum Market Size (US$ Mn and Thousand Liters), By End-user, 2017 - 2031
9.1.1. Individual
9.1.2. Commercial
9.1.2.1. Hotels & Restaurants
9.1.2.2. Pubs & Clubs
9.1.2.3. Others
9.2. Incremental Opportunity, By End-user
10. Global Craft Rum Market Analysis and Forecast, By Distribution Channel
10.1. Craft Rum Market Size (US$ Mn and Thousand Liters), By Distribution Channel, 2017 - 2031
10.1.1. Online
10.1.1.1. Company Websites
10.1.1.2. E-commerce Websites
10.1.2. Offline
10.1.2.1. Direct Sales
10.1.2.2. Indirect Sales
10.2. Incremental Opportunity, By Distribution Channel
11. Global Craft Rum Market Analysis and Forecast, by Region
11.1. Craft Rum Market Size (US$ Mn and Thousand Liters), By Region, 2017 - 2031
11.1.1. North America
11.1.2. Europe
11.1.3. Asia Pacific
11.1.4. Middle East & Africa
11.1.5. South America
11.2. Incremental Opportunity, By Region
12. North America Craft Rum Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Price Trend Analysis
12.2.1. Weighted Average Selling Price (US$)
12.3. Key Brand Analysis
12.4. Consumer Buying Behavior Analysis
12.5. Key Trends Analysis
12.5.1. Demand Side Analysis
12.5.2. Supply Side Analysis
12.6. Craft Rum Market Size (US$ Mn and Thousand Liters), By Product Type, 2017 - 2031
12.6.1. Light Rum
12.6.1.1. Flavored & Spiced Rum
12.6.1.2. Non-flavored & Spiced Rum
12.6.2. Gold Rum
12.6.2.1. Flavored & Spiced Rum
12.6.2.2. Non-flavored & Spiced Rum
12.6.3. Dark/Black Rum
12.6.3.1. Flavored & Spiced Rum
12.6.3.2. Non-flavored & Spiced Rum
12.6.4. Rhum Agricole
12.6.5. Others
12.7. Craft Rum Market Size (US$ Mn and Thousand Liters), By Volume, 2017 - 2031
12.7.1. Under 350 ml
12.7.2. 351 ml - 750 ml
12.7.3. Above 750 ml
12.8. Craft Rum Market Size (US$ Mn and Thousand Liters), By Pricing, 2017 - 2031
12.8.1. Mass
12.8.2. Premium
12.9. Craft Rum Market Size (US$ Mn and Thousand Liters), By End-user, 2017 - 2031
12.9.1. Individual
12.9.2. Commercial
12.9.2.1. Hotels & Restaurants
12.9.2.2. Pubs & Clubs
12.9.2.3. Others
12.10. Craft Rum Market Size (US$ Mn and Thousand Liters), By Distribution Channel, 2017 - 2031
12.10.1. Online
12.10.1.1. Company Websites
12.10.1.2. E-commerce Websites
12.10.2. Offline
12.10.2.1. Direct Sales
12.10.2.2. Indirect Sales
12.11. Craft Rum Market Size (US$ Mn and Thousand Liters), By Country, 2017 - 2031
12.11.1. The U.S.
12.11.2. Canada
12.11.3. Rest of North America
12.12. Incremental Opportunity Analysis
13. Europe Craft Rum Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Price Trend Analysis
13.2.1. Weighted Average Selling Price (US$)
13.3. Key Brand Analysis
13.4. Consumer Buying Behavior Analysis
13.5. Key Trends Analysis
13.5.1. Demand Side Analysis
13.5.2. Supply Side Analysis
13.6. Craft Rum Market Size (US$ Mn and Thousand Liters), By Product Type, 2017 - 2031
13.6.1. Light Rum
13.6.1.1. Flavored & Spiced Rum
13.6.1.2. Non-flavored & Spiced Rum
13.6.2. Gold Rum
13.6.2.1. Flavored & Spiced Rum
13.6.2.2. Non-flavored & Spiced Rum
13.6.3. Dark/Black Rum
13.6.3.1. Flavored & Spiced Rum
13.6.3.2. Non-flavored & Spiced Rum
13.6.4. Rhum Agricole
13.6.5. Others
13.7. Craft Rum Market Size (US$ Mn and Thousand Liters), By Volume, 2017 - 2031
13.7.1. Under 350 ml
13.7.2. 351 ml - 750 ml
13.7.3. Above 750 ml
13.8. Craft Rum Market Size (US$ Mn and Thousand Liters), By Pricing, 2017 - 2031
13.8.1. Mass
13.8.2. Premium
13.9. Craft Rum Market Size (US$ Mn and Thousand Liters), By End-user, 2017 - 2031
13.9.1. Individual
13.9.2. Commercial
13.9.2.1. Hotels & Restaurants
13.9.2.2. Pubs & Clubs
13.9.2.3. Others
13.10. Craft Rum Market Size (US$ Mn and Thousand Liters), By Distribution Channel, 2017 - 2031
13.10.1. Online
13.10.1.1. Company Websites
13.10.1.2. E-commerce Websites
13.10.2. Offline
13.10.2.1. Direct Sales
13.10.2.2. Indirect Sales
13.11. Craft Rum Market Size (US$ Mn and Thousand Liters), By Country, 2017 - 2031
13.11.1. The U.K.
13.11.2. Germany
13.11.3. France
13.11.4. Rest of Europe
13.12. Incremental Opportunity Analysis
14. Asia Pacific Craft Rum Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Price Trend Analysis
14.2.1. Weighted Average Selling Price (US$)
14.3. Key Brand Analysis
14.4. Consumer Buying Behavior Analysis
14.5. Key Trends Analysis
14.5.1. Demand Side Analysis
14.5.2. Supply Side Analysis
14.6. Craft Rum Market Size (US$ Mn and Thousand Liters), By Product Type, 2017 - 2031
14.6.1. Light Rum
14.6.1.1. Flavored & Spiced Rum
14.6.1.2. Non-flavored & Spiced Rum
14.6.2. Gold Rum
14.6.2.1. Flavored & Spiced Rum
14.6.2.2. Non-flavored & Spiced Rum
14.6.3. Dark/Black Rum
14.6.3.1. Flavored & Spiced Rum
14.6.3.2. Non-flavored & Spiced Rum
14.6.4. Rhum Agricole
14.6.5. Others
14.7. Craft Rum Market Size (US$ Mn and Thousand Liters), By Volume, 2017 - 2031
14.7.1. Under 350 ml
14.7.2. 351 ml - 750 ml
14.7.3. Above 750 ml
14.8. Craft Rum Market Size (US$ Mn and Thousand Liters), By Pricing, 2017 - 2031
14.8.1. Mass
14.8.2. Premium
14.9. Craft Rum Market Size (US$ Mn and Thousand Liters), By End-user, 2017 - 2031
14.9.1. Individual
14.9.2. Commercial
14.9.2.1. Hotels & Restaurants
14.9.2.2. Pubs & Clubs
14.9.2.3. Others
14.10. Craft Rum Market Size (US$ Mn and Thousand Liters), By Distribution Channel, 2017 - 2031
14.10.1. Online
14.10.1.1. Company Websites
14.10.1.2. E-commerce Websites
14.10.2. Offline
14.10.2.1. Direct Sales
14.10.2.2. Indirect Sales
14.11. Craft Rum Market Size (US$ Mn and Thousand Liters), By Country, 2017 - 2031
14.11.1. China
14.11.2. India
14.11.3. Japan
14.11.4. Rest of Asia Pacific
14.12. Incremental Opportunity Analysis
15. Middle East & Africa Craft Rum Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Price Trend Analysis
15.2.1. Weighted Average Selling Price (US$)
15.3. Key Brand Analysis
15.4. Consumer Buying Behavior Analysis
15.5. Key Trends Analysis
15.5.1. Demand Side Analysis
15.5.2. Supply Side Analysis
15.6. Craft Rum Market Size (US$ Mn and Thousand Liters), By Product Type, 2017 - 2031
15.6.1. Light Rum
15.6.1.1. Flavored & Spiced Rum
15.6.1.2. Non-flavored & Spiced Rum
15.6.2. Gold Rum
15.6.2.1. Flavored & Spiced Rum
15.6.2.2. Non-flavored & Spiced Rum
15.6.3. Dark/Black Rum
15.6.3.1. Flavored & Spiced Rum
15.6.3.2. Non-flavored & Spiced Rum
15.6.4. Rhum Agricole
15.6.5. Others
15.7. Craft Rum Market Size (US$ Mn and Thousand Liters), By Volume, 2017 - 2031
15.7.1. Under 350 ml
15.7.2. 351 ml - 750 ml
15.7.3. Above 750 ml
15.8. Craft Rum Market Size (US$ Mn and Thousand Liters), By Pricing, 2017 - 2031
15.8.1. Mass
15.8.2. Premium
15.9. Craft Rum Market Size (US$ Mn and Thousand Liters), By End-user, 2017 - 2031
15.9.1. Individual
15.9.2. Commercial
15.9.2.1. Hotels & Restaurants
15.9.2.2. Pubs & Clubs
15.9.2.3. Others
15.10. Craft Rum Market Size (US$ Mn and Thousand Liters), By Distribution Channel, 2017 - 2031
15.10.1. Online
15.10.1.1. Company Websites
15.10.1.2. E-commerce Websites
15.10.2. Offline
15.10.2.1. Direct Sales
15.10.2.2. Indirect Sales
15.11. Craft Rum Market Size (US$ Mn and Thousand Liters), By Country, 2017 - 2031
15.11.1. GCC
15.11.2. South Africa
15.11.3. Rest of Middle East & Africa
15.12. Incremental Opportunity Analysis
16. South America Craft Rum Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Price Trend Analysis
16.2.1. Weighted Average Selling Price (US$)
16.3. Key Brand Analysis
16.4. Consumer Buying Behavior Analysis
16.5. Key Trends Analysis
16.5.1. Demand Side Analysis
16.5.2. Supply Side Analysis
16.6. Craft Rum Market Size (US$ Mn and Thousand Liters), By Product Type, 2017 - 2031
16.6.1. Light Rum
16.6.1.1. Flavored & Spiced Rum
16.6.1.2. Non-flavored & Spiced Rum
16.6.2. Gold Rum
16.6.2.1. Flavored & Spiced Rum
16.6.2.2. Non-flavored & Spiced Rum
16.6.3. Dark/Black Rum
16.6.3.1. Flavored & Spiced Rum
16.6.3.2. Non-flavored & Spiced Rum
16.6.4. Rhum Agricole
16.6.5. Others
16.7. Craft Rum Market Size (US$ Mn and Thousand Liters), By Volume, 2017 - 2031
16.7.1. Under 350 ml
16.7.2. 351 ml - 750 ml
16.7.3. Above 750 ml
16.8. Craft Rum Market Size (US$ Mn and Thousand Liters), By Pricing, 2017 - 2031
16.8.1. Mass
16.8.2. Premium
16.9. Craft Rum Market Size (US$ Mn and Thousand Liters), By End-user, 2017 - 2031
16.9.1. Individual
16.9.2. Commercial
16.9.2.1. Hotels & Restaurants
16.9.2.2. Pubs & Clubs
16.9.2.3. Others
16.10. Craft Rum Market Size (US$ Mn and Thousand Liters), By Distribution Channel, 2017 - 2031
16.10.1. Online
16.10.1.1. Company Websites
16.10.1.2. E-commerce Websites
16.10.2. Offline
16.10.2.1. Direct Sales
16.10.2.2. Indirect Sales
16.11. Craft Rum Market Size (US$ Mn and Thousand Liters), By Country, 2017 - 2031
16.11.1. Brazil
16.11.2. Rest of South America
16.12. Incremental Opportunity Analysis
17. Competition Landscape
17.1. Market Player – Competition Dashboard
17.2. Market Share Analysis (%), 2021
17.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Financial/Revenue, Strategy & Business Overview, Sales Channel Analysis, Size Portfolio)
17.3.1. Bacardi Limited
17.3.1.1. Company Overview
17.3.1.2. Sales Area/Geographical Presence
17.3.1.3. Financial/Revenue
17.3.1.4. Strategy & Business Overview
17.3.1.5. Sales Channel Analysis
17.3.1.6. Size Portfolio
17.3.2. Burning Barn Rum
17.3.2.1. Company Overview
17.3.2.2. Sales Area/Geographical Presence
17.3.2.3. Financial/Revenue
17.3.2.4. Strategy & Business Overview
17.3.2.5. Sales Channel Analysis
17.3.2.6. Size Portfolio
17.3.3. Cardinal Spirits LLC
17.3.3.1. Company Overview
17.3.3.2. Sales Area/Geographical Presence
17.3.3.3. Financial/Revenue
17.3.3.4. Strategy & Business Overview
17.3.3.5. Sales Channel Analysis
17.3.3.6. Size Portfolio
17.3.4. Merser & Co.
17.3.4.1. Company Overview
17.3.4.2. Sales Area/Geographical Presence
17.3.4.3. Financial/Revenue
17.3.4.4. Strategy & Business Overview
17.3.4.5. Sales Channel Analysis
17.3.4.6. Size Portfolio
17.3.5. Muddy River Distillery
17.3.5.1. Company Overview
17.3.5.2. Sales Area/Geographical Presence
17.3.5.3. Financial/Revenue
17.3.5.4. Strategy & Business Overview
17.3.5.5. Sales Channel Analysis
17.3.5.6. Size Portfolio
17.3.6. Koloa Rum Corp.
17.3.6.1. Company Overview
17.3.6.2. Sales Area/Geographical Presence
17.3.6.3. Financial/Revenue
17.3.6.4. Strategy & Business Overview
17.3.6.5. Sales Channel Analysis
17.3.6.6. Size Portfolio
17.3.7. Lyon Distilling Company LLC
17.3.7.1. Company Overview
17.3.7.2. Sales Area/Geographical Presence
17.3.7.3. Financial/Revenue
17.3.7.4. Strategy & Business Overview
17.3.7.5. Sales Channel Analysis
17.3.7.6. Size Portfolio
17.3.8. Wicked Dolphin Rum
17.3.8.1. Company Overview
17.3.8.2. Sales Area/Geographical Presence
17.3.8.3. Financial/Revenue
17.3.8.4. Strategy & Business Overview
17.3.8.5. Sales Channel Analysis
17.3.8.6. Size Portfolio
17.3.9. Arizona Craft Beverage, Inc.
17.3.9.1. Company Overview
17.3.9.2. Sales Area/Geographical Presence
17.3.9.3. Financial/Revenue
17.3.9.4. Strategy & Business Overview
17.3.9.5. Sales Channel Analysis
17.3.9.6. Size Portfolio
17.3.10. Stilldistilling Spirits Pvt. Ltd.
17.3.10.1. Company Overview
17.3.10.2. Sales Area/Geographical Presence
17.3.10.3. Financial/Revenue
17.3.10.4. Strategy & Business Overview
17.3.10.5. Sales Channel Analysis
17.3.10.6. Size Portfolio
17.3.11. 25° South Distillery
17.3.11.1. Company Overview
17.3.11.2. Sales Area/Geographical Presence
17.3.11.3. Financial/Revenue
17.3.11.4. Strategy & Business Overview
17.3.11.5. Sales Channel Analysis
17.3.11.6. Size Portfolio
17.3.12. Bristol Spirits Ltd.
17.3.12.1. Company Overview
17.3.12.2. Sales Area/Geographical Presence
17.3.12.3. Financial/Revenue
17.3.12.4. Strategy & Business Overview
17.3.12.5. Sales Channel Analysis
17.3.12.6. Size Portfolio
17.3.13. La Hechicera Company
17.3.13.1. Company Overview
17.3.13.2. Sales Area/Geographical Presence
17.3.13.3. Financial/Revenue
17.3.13.4. Strategy & Business Overview
17.3.13.5. Sales Channel Analysis
17.3.13.6. Size Portfolio
17.3.14. Devon Rum Company
17.3.14.1. Company Overview
17.3.14.2. Sales Area/Geographical Presence
17.3.14.3. Financial/Revenue
17.3.14.4. Strategy & Business Overview
17.3.14.5. Sales Channel Analysis
17.3.14.6. Size Portfolio
18. Key Takeaway
18.1. Identification of Potential Market Spaces
18.1.1. Product Type
18.1.2. Volume
18.1.3. Pricing
18.1.4. End-user
18.1.5. Distribution Channel
18.1.6. Region
18.2. Understanding the Buying Behavior of the Buyers
18.3. Preferred Sales & Marketing Strategy
18.4. Prevailing Market Risk & Challenges

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