India Rum Market Analytics by Category & Cost Type to 2023

Bharat Book Bureau Provides the Trending Market Research Report on “India Rum Market Overview, Forecast to 2023” under Food & Beverages category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

"India Rum Market Overview, 2018-2023" provides deep analysis of the Indian Rum market with size in terms of both value and volume of rum market and also provides market share of different segments. The report formed by segregating data from various sources and various time frame. It consists of various historic data and based on current situation of market and key factors provides forecast based on best suitable method which could definitely be helpful in identifying the market segments which are driving growth.

India Rum Market Overview, 2018- 2023
The consumption of Rum in Indian is declining since last few years with growth of other Alcoholic Beverages. The India rum market saw a negative CAGR of 1% from 2011-12 to 2016-17. It is believed that the rum market has not much evolved like the whisky market, the market lacks new variants. While from last few years the category of white rum is emerging. White rum is generally used in Cocktails and with emerging pub and bar culture the consumption of white Rum will be increasing. The market observes negative CAGR only in terms of market size by volume, while in terms of value the market is still growing.

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The growth in terms of value is primarily due to premiumization. The rising disposable income of Indian consumers has lead consumer to have a better high-quality brand, which results in switching of consumers from regular segment brands to premium brands. The market expects further growth in terms of market size by value in upcoming years.

Major Companies
Major companies that operate into Indian Rum market are Pernod Ricard India Private Limited, United Spirit Limited (Diageo Group), Radico khaitan Limited, Allied Blenders and Distillers Private Limited, Jagatjit Industries Limited, Tilaknagar Industries Limited, Mohan ,Meakin Bacardi India Private Limited, etc.

Considered for the Report:
Geography: India
Base Year: FY 2016-17
Estimated Year: FY 2017-18
Forecast Year: FY 2022-23

Objective of the study:
- To present an Indian Overview on Indian Rum industry.
- To analyse and forecast the India Rum market size, in terms of value.
- To analyse and forecast the India Rum market size, in terms of volume.
- To define, classify and forecast Rum market on the basis of segments based on By Company, By Brand, By Product Type.
- To strategically profile leading players, which are operating in the rum industry of India

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