COVID-19 Impact Analysis on Craft Rum Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2030. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the craft rum market include Bacardi Limited, Cardinal Spirits LLC, Merser & Co., Muddy River Distillery, Kōloa Rum Company, Lyon Distilling Company LLC, Arizona Craft Beverage Inc., Stilldistilling Spirits Pvt. Ltd., Devon Rum Company, Wicked Dolphin Rum, 25° South Distillery, Bristol Spirits Ltd., La Hechicera Company, Burning Barn Rum. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The craft rum industry has experienced significant growth as more and more people discover these artisanal distillers' unique and high-quality offerings. The rise of craft rum has also been fueled by the increasing availability of these products as more and more craft distillers enter the market. Many craft rums are available online and in speciality liquor stores, making it easier for consumers to discover and purchase these high-quality products. However, the high cost of production may limit market growth.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of craft rum. The growth and trends of Craft Rum Industry provide a holistic approach to this study.

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Market Segmentation

This section of the craft rum market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product Type

  • Light Rum
  • Gold Rum
  • Dark/Black Rum
  • Rhum Agricole
  • Others

By Volume

  • Under 350Ml
  • 351Ml - 750Ml
  • Above 750Ml

By Pricing

  • Mass
  • Premium

By End-User

  • Individual
  • Commercial (Hotels & Restaurants, Pubs & Clubs, Others)

By Distribution Channel

  • Online (Company Websites, E-Commerce Websites)
  • Offline (Direct Sales, Indirect Sales)

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Craft Rum market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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