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At 3.9% CAGR, Global Premium Rum Market Size to Surpass USD 17.56 Billion by 2032 - Industry Trends, Share, Growth, Analysis & Forecast
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The market is driven by factors such as increasing demand for premium spirits, growing popularity of craft cocktails, and rising disposable income of consumers. The market is segmented into type, age, distribution channel, and region. Based on type, the market is further segmented into white rum, golden rum, dark rum, and flavored rum. The dark rum segment holds the largest market share, owing to its rich flavor and aroma.
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Based on distribution channel, the market is segmented into online and offline channels. The offline segment holds the largest market share, owing to the wide availability of premium rums in specialty liquor stores, bars, and restaurants.
Companies Covered in This Report -
Diageo PLC
Pernod Ricard SA
William Grant & Sons Ltd.
Remy Cointreau Group
Westerhall Estate Ltd.
Cayman Spirits Co.
Mohan Meakin Ltd.
Halewood International Holdings PLC
Suntory Holdings Limited
Arehucas
Elements Eight Rum Company Ltd
Bacardi Limited
Edrington
Radico Khaitan Limited
Davide Campari-Milano S.p.A.
Green Tree Distillery
La Martiniquaise
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Premium Rum Market Industry Research by Category
Premium Rum Market By Type : White Rum, Light/Gold Rum, Dark Rum, Spiced Rum
Premium Rum Market By Nature : Organic, Conventional
Premium Rum Market By Sales Channel : Business to Business, Business to Consumer :Hypermarkets/Supermarkets, Specialty Stores, Online Retail, Others
Premium Rum Market By Region: North America, Latin America, Europe, South Asia & Pacific, East Asia, Middle East & Africa
In conclusion, the global premium rum market is expected to witness significant growth during the forecast period, owing to the increasing demand for premium spirits, growing popularity of craft cocktails, and rising disposable income of consumers. The market is highly competitive, with key players focusing on product innovation and partnerships to expand their market presence.
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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement
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