Global Rum Market 2021-2025

Global Rum Market 2021-2025

  • March 2021 •
  • 120 pages •
  • Report ID: 3112438 •
  • Format: PDF
Global Rum Market 2021-2025
The analyst has been monitoring the rum market and it is poised to grow by 73.66 million L during 2021-2025, progressing at a CAGR of over 1% during the forecast period. Our report on rum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for biofuels and focus on high yielding varieties leading to growth in demand for GM seeds. In addition, rising demand for biofuels is anticipated to boost the growth of the market as well.
The rum market analysis includes product segment, distribution channel and geographical landscapes.

The rum market is segmented as below:
By Product
• Gold and dark rum
• White rum
• Spiced rum

By Distribution Channel
• On trade
• Off trade

By Geographical Landscape
• North America
• Europe
• South America

This study identifies the increasing investments in agricultural research as one of the prime reasons driving the rum market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on rum market covers the following areas:
• Rum market sizing
• Rum market forecast
• Rum market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rum market vendors that include Asahi Group Holdings Ltd., Bacardi Ltd., Constellation Brands Inc., Davide Campari Milano Spa, Demerara Distillers Ltd., Diageo Plc, LT Group Inc., Pernod Ricard SA, Suntory Holdings Ltd., and William Grant and Sons Ltd. Also, the rum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.