| Product Code: ETC7367976 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of craft rum to Grenada in 2024 continued to show strong growth, with top exporting countries being Barbados, Guyana, Trinidad and Tobago, USA, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 12.44% from 2020-24 highlights the increasing demand for craft rum in Grenada. The growth rate of 12.29% from 2023-24 further demonstrates the sustained momentum in the market, suggesting a positive outlook for the industry in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Craft Rum Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Craft Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Craft Rum Market - Industry Life Cycle |
3.4 Grenada Craft Rum Market - Porter's Five Forces |
3.5 Grenada Craft Rum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Craft Rum Market Revenues & Volume Share, By Volume, 2021 & 2031F |
3.7 Grenada Craft Rum Market Revenues & Volume Share, By Pricing, 2021 & 2031F |
3.8 Grenada Craft Rum Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.9 Grenada Craft Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Craft Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in craft and premium spirits |
4.2.2 Growing trend towards unique and authentic products |
4.2.3 Rising popularity of rum cocktails and mixology |
4.3 Market Restraints |
4.3.1 Limited production capacity of craft rum distilleries in Grenada |
4.3.2 Challenges in distribution and access to global markets |
4.3.3 Competition from established rum brands |
5 Grenada Craft Rum Market Trends |
6 Grenada Craft Rum Market, By Types |
6.1 Grenada Craft Rum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Craft Rum Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Craft Rum Market Revenues & Volume, By Light Rum, 2021- 2031F |
6.1.4 Grenada Craft Rum Market Revenues & Volume, By Gold Rum, 2021- 2031F |
6.1.5 Grenada Craft Rum Market Revenues & Volume, By Dark/Black Rum, 2021- 2031F |
6.1.6 Grenada Craft Rum Market Revenues & Volume, By Rhum Agricole, 2021- 2031F |
6.1.7 Grenada Craft Rum Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Craft Rum Market, By Volume |
6.2.1 Overview and Analysis |
6.2.2 Grenada Craft Rum Market Revenues & Volume, By Under 350ml, 2021- 2031F |
6.2.3 Grenada Craft Rum Market Revenues & Volume, By 351ml - 750ml, 2021- 2031F |
6.2.4 Grenada Craft Rum Market Revenues & Volume, By Above 750ml, 2021- 2031F |
6.3 Grenada Craft Rum Market, By Pricing |
6.3.1 Overview and Analysis |
6.3.2 Grenada Craft Rum Market Revenues & Volume, By Mass, 2021- 2031F |
6.3.3 Grenada Craft Rum Market Revenues & Volume, By Premium, 2021- 2031F |
6.4 Grenada Craft Rum Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Grenada Craft Rum Market Revenues & Volume, By Individual, 2021- 2031F |
6.4.3 Grenada Craft Rum Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5 Grenada Craft Rum Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Craft Rum Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Grenada Craft Rum Market Revenues & Volume, By Offline, 2021- 2031F |
7 Grenada Craft Rum Market Import-Export Trade Statistics |
7.1 Grenada Craft Rum Market Export to Major Countries |
7.2 Grenada Craft Rum Market Imports from Major Countries |
8 Grenada Craft Rum Market Key Performance Indicators |
8.1 Number of craft rum distilleries in operation in Grenada |
8.2 Percentage of craft rum sales in the premium spirits segment |
8.3 Number of craft rum cocktail recipes featuring Grenada craft rum |
9 Grenada Craft Rum Market - Opportunity Assessment |
9.1 Grenada Craft Rum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Craft Rum Market Opportunity Assessment, By Volume, 2021 & 2031F |
9.3 Grenada Craft Rum Market Opportunity Assessment, By Pricing, 2021 & 2031F |
9.4 Grenada Craft Rum Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.5 Grenada Craft Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Craft Rum Market - Competitive Landscape |
10.1 Grenada Craft Rum Market Revenue Share, By Companies, 2024 |
10.2 Grenada Craft Rum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |