South Africa Rum Market Size & Outlook, 2024-2030
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South Africa rum market highlights
- The South Africa rum market generated a revenue of USD 140.6 million in 2024 and is expected to reach USD 177.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4% from 2025 to 2030.
- In terms of segment, dark and golden rum was the largest revenue generating product type in 2024.
- Flavored and Spiced Rum is the most lucrative product type segment registering the fastest growth during the forecast period.
Rum market data book summary
| Market revenue in 2024 | USD 140.6 million |
| Market revenue in 2030 | USD 177.0 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Dark and golden rum |
| Fastest growing segment | Flavored and Spiced Rum |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dark and Golden Rum, White Rum, Flavored and Spiced Rum |
| Key market players worldwide | Bacardi Limited, Davide Campari-Milano NV Az nom Post Frazionamento, Demerara Distillers, Diageo, LT Group Inc, Nova Scotia Spirit Co., Pernod Ricard SA, Dictador, William Grant & Sons, Mohan Meakin |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global rum market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa rum market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 177.0 million by 2030.
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Rum Market Scope
Rum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mohan Meakin | View profile | 101-250 | Ghaziabad, Uttar Pradesh, India, Asia | https://mohanmeakin.com |
| Dictador | View profile | 51-100 | Katowice, Slaskie, Poland, Europe | https://dictador.com |
| Nova Scotia Spirit Co. | View profile | 11-50 | Stellarton, Nova Scotia, Canada, North America | https://www.novascotiaspirits.com |
| Demerara Distillers | View profile | 101-250 | Plantation, Florida, United States, North America | https://demeraradistillers.com |
| Bacardi Limited | View profile | - | - | - |
| Diageo | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.diageo.com |
| William Grant & Sons | View profile | 1001-5000 | Motherwell, North Lanarkshire, United Kingdom, Europe | http://www.williamgrant.com |
| LT Group Inc | View profile | 12333 | 30th Street Corner Rizal Drive, 11th Floor, Unit 3 Bench Tower, Crescent Park West 5, Taguig, Philippines, 1634 | https://www.ltg.com.ph |
| Davide Campari-Milano NV Az nom Post Frazionamento | View profile | 4764 | Via Franco Sacchetti 20, Sesto San Giovanni, Milan, Italy, 20099 | https://www.camparigroup.com |
| Pernod Ricard SA | View profile | 20617 | 5, Cours Paul Ricard, Paris, France, 75008 | https://www.pernod-ricard.com |
South Africa 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.
Dark and golden rum was the largest segment with a revenue share of 49.22% in 2024. Horizon Databook has segmented the South Africa rum market based on dark and golden rum, white rum, flavored and spiced rum covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of rum market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa rum market , including forecasts for subscribers. This country databook contains high-level insights into South Africa rum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa Product Type - Rum Market size, 2024 - 2030 (US$M)
South Africa Rum Market Outlook Share, 2024 & 2030 (US$M)
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