(Entertainment-NewsWire.com, December 08, 2018 ) This report studies the global market size of Rum in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Rum in these regions.
This research report categorizes the global Rum market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Rum is a distilled alcoholic drink made from sugarcane byproducts, such as molasses, or directly from sugarcane juice, by a process of fermentation and distillation. The distillate, a clear liquid, is then usually aged in oak barrels.
The global rum market by rum type is segmented into white, golden, dark, and spiced. The white rum segment is anticipated to grow at a robust CAGR in the global rum market over the forecast period owing to rising demand for alcohol beverages among continuous launches of flavored alcoholic drinks. Consumers across the globe are demanding for alcoholic beverages which is pushing the revenue generation of the white rum segment, hence the global rum market in the near future. Furthermore, demand for super and ultra-premium rum has created tremendous opportunities in the global rum market.
By distribution channel, the global rum market is segmented into hypermarket/supermarkets and liquor shops. The liquor shops segment followed by hypermarket/supermarket segment is expected to account for significant market share in the global rum market in the near future.
In 2017, the global Rum market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Rum market based on company, product type, application and key regions.
The various contributors involved in the value chain of Rum include manufacturers, suppliers, distributors, intermediaries, and customers.
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