Global Market Study on Rum: Surging Demand from Millennial Consumers Giving Impetus to Market Growth
Report Highlights
Rum Market: Report Scope
A latest market report by Persistence Market Research on the global rum market evaluates the opportunities and current market scenario, providing insights and updates about corresponding segments involved in the market for the forecast period of 2023-2033. The report provides detailed assessment of key market dynamics, and comprehensive information about the structure of the market. This study contains detailed insights into how the market is anticipated to grow during the forecast period of 2023-2033.
The primary objective of the report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with rum. It is very important to consider that, in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to compound annual growth rate (CAGR) for overall forecasts, to enable readers better understand the analysis and evaluation of the market, and to discover lucrative opportunities in this space.
This report also provides an estimate of market size and corresponding revenue forecasts carried out in terms of absolute $ opportunity. It also offers actionable insights based on the future trends in the market. Furthermore, new and emerging players in the global rum market can make use of the information presented in the study for effective business decisions, which will provide momentum to their businesses as well as the global market.
The study is relevant for manufacturers, suppliers, distributors, and investors in the rum market. All stakeholders, as well as industry experts, researchers, journalists, and business researchers can leverage the information and data represented in the report.
Key Market Segments
Persistence Market Research’s report on the global rum market offers information divided into four segments – type, nature, sales channel and region.
Type
- White Rum
- Light/Gold Rum
- Dark Rum
- Spiced Rum
Nature
- Organic
- Conventional
Sales Channel
- Business to Business
- Business to Consumer
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Retail
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Key Questions Answered in Study
- Which region will hold the highest market share over the forecast period?
- Which region is experiencing the highest growth (CAGR)?
- Which factors are impacting the global rum market?
- What are the global trends impacting the market?
- What strategies must emerge players adopt to capture opportunities in various regions in the market?
- What is the structure of the global rum market?
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2022 |
| Forecast period considered | 2023-2033 |
| Units considered | $ Million |
| Segments covered | By Type, By Nature, By Sales Channel , By Region. |
| Industry covered | Food and Beverages |
| Countries covered | North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa |
| Companies studied |
|
Research Methodology
Persistence Market Research is committed to providing unbiased market research solutions to its clients. The company follows a robust methodology for the deduction of data included in this report. A unique research methodology is utilized to conduct extensive research on the global rum market, and reach conclusions about the future growth factors of the market. The research methodology comprises primary research methods coupled with secondary research methods, which ensures the accuracy and reliability of the conclusions in this report.
A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period. This methodology is based on standard market structures, methods, and definitions that are based on inputs from local sources in over six regions - North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa which Persistence Market Research considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level, to create global market measurements. Our main sources of research include:
- Primary Research
- Secondary Research
- Trade Research
- Social Media Research
- Table 1 : Global Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 2 : Global Rum Market Volume ('000 Liters) Analysis and Forecast by Type, 2018–2033
- Table 3 : Global Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 4 : Global Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 5 : Global Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 6 : Global Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 7 : Global Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 8 : Global Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 9 : Global Rum Market Value (US$ Mn) Analysis and Forecast by Region, 2018–2033
- Table 10 : Global Rum Market Volume ('000 Liters) Analysis and Forecast by Region, 2018–2033
- Table 11 : North America Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 12 : North America Rum Market Volume ('000 Liters) Analysis and Forecast by Type, 2018–2033
- Table 13 : North America Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 14 : North America Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 15 : North America Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 16 : North America Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 17 : North America Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 18 : North America Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 19 : North America Rum Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
- Table 20 : North America Rum Market Volume ('000 Litres) Analysis and Forecast by Country, 2018–2033
- Table 21 : Latin America Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 22 : Latin America Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 23 : Latin America Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 24 : Latin America Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 25 : Latin America Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 26 : Latin America Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 27 : Latin America Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 28 : Latin America Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 29 : Latin America Rum Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
- Table 30 : Latin America Rum Market Volume ('000 Liters) Analysis and Forecast by Country, 2018–2033
- Table 31 : Europe Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 32 : Europe Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 33 : Europe Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 34 : Europe Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 35 : Europe Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 36 : Europe Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 37 : Europe Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 38 : Europe Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 39 : Europe Rum Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
- Table 40 : Europe Rum Market Volume ('000 Liters) Analysis and Forecast by Country, 2018–2033
- Table 41 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 42 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 43 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 44 : South Asia & Pacific Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 45 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 46 : South Asia & Pacific Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 47 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 48 : South Asia & Pacific Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 49 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
- Table 50 : South Asia & Pacific Rum Market Volume ('000 Liters) Analysis and Forecast by Country, 2018–2033
- Table 51 : East Asia Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 52 : East Asia Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 53 : East Asia Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 54 : East Asia Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 55 : East Asia Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 56 : East Asia Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 57 : East Asia Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 58 : East Asia Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 59 : East Asia Rum Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
- Table 60 : East Asia Rum Market Volume ('000 Liters) Analysis and Forecast by Country, 2018–2033
- Table 61 : Middle East & Africa Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 62 : Middle East & Africa Rum Market Value (US$ Mn) Analysis and Forecast by Type, 2018–2033
- Table 63 : Middle East & Africa Rum Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
- Table 64 : Middle East & Africa Rum Market Volume ('000 Liters) Analysis and Forecast by Nature, 2018–2033
- Table 65 : Middle East & Africa Rum Market Value (US$ Mn) Analysis and Forecast by Sales Channel, 2018–2033
- Table 66 : Middle East & Africa Rum Market Volume ('000 Liters) Analysis and Forecast by Sales Channel, 2018–2033
- Table 67 : Middle East & Africa Rum Market Value (US$ Mn) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 68 : Middle East & Africa Rum Market Volume ('000 Liters) Analysis and Forecast by Business to Consumer Segment, 2018–2033
- Table 69 : Middle East & Africa Rum Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
- Table 70 : Middle East & Africa Rum Market Volume ('000 Liters) Analysis and Forecast by Country, 2018–2033
- Figure 1 : Global Rum Market Value (US$ Mn) Forecast 2023–2033
- Figure 2 : Global Rum Market Volume ('000 Liters) Forecast 2023–2033
- Figure 3 : Global Rum Market Value Share Analysis by Type, 2023 E
- Figure 4 : Global Rum Market Y-o-Y Growth Rate by Type, 2018–2033
- Figure 5 : Global Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023–2033
- Figure 6 : Global Rum Market Volume ('000 Liters) Analysis & Forecast by Type, 2023–2033
- Figure 7 : Global Rum Market Value Share Analysis by Nature, 2023 E
- Figure 8 : Global Rum Market Y-o-Y Growth Rate by Nature, 2018–2033
- Figure 9 : Global Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023–2033
- Figure 10 : Global Rum Market Volume ('000 Liters) Analysis & Forecast by Nature, 2023–2033
- Figure 11 : Global Rum Market Value Share Analysis by Sales Channel, 2023 E
- Figure 12 : Global Rum Market Y-o-Y Growth Rate by Sales Channel, 2018–2033
- Figure 13 : Global Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023–2033
- Figure 14 : Global Rum Market Volume ('000 Liters) Analysis & Forecast by Sales Channel, 2023–2033
- Figure 15 : Global Rum Market Value Share Analysis by Region, 2023 E
- Figure 16 : Global Rum Market Y-o-Y Growth Rate by Region, 2018–2033
- Figure 17 : Global Rum Market Value (US$ Mn) Analysis & Forecast by Region, 2023–2033
- Figure 18 : Global Rum Market Volume ('000 Liters) Analysis & Forecast by Region, 2023–2033
- Figure 19 : Global Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 20 : Global Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 21 : Global Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 22 : Global Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
- Figure 23 : North America Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023 & 2033
- Figure 24 : North America Rum Market Volume ('000 Litres) Analysis & Forecast by Type, 2023 & 2033
- Figure 25 : North America Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023 & 2033
- Figure 26 : North America Rum Market Volume ('000 Litres) Analysis & Forecast by Nature, 2023 & 2033
- Figure 27 : North America Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 28 : North America Rum Market Volume ('000 Litres) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 29 : North America Rum Market Value (US$ Mn) Analysis & Forecast by Country, 2023 & 2033
- Figure 30 : North America Rum Market Volume ('000 Litres) Analysis & Forecast by Country, 2023 & 2033
- Figure 31 : North America Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 32 : North America Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 33 : North America Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 34 : North America Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
- Figure 35 : Latin America Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023 & 2033
- Figure 36 : Latin America Rum Market Volume ('000 Litres) Analysis & Forecast by Type, 2023 & 2033
- Figure 37 : Latin America Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023 & 2033
- Figure 38 : Latin America Rum Market Volume ('000 Litres) Analysis & Forecast by Nature, 2023 & 2033
- Figure 39 : Latin America Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 40 : Latin America Rum Market Volume ('000 Litres) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 41 : Latin America Rum Market Value (US$ Mn) Analysis & Forecast by Country, 2023 & 2033
- Figure 42 : Latin America Rum Market Volume ('000 Litres) Analysis & Forecast by Country, 2023 & 2033
- Figure 43 : Latin America Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 44 : Latin America Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 45 : Latin America Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 46 : Latin America Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
- Figure 47 : Europe Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023 & 2033
- Figure 48 : Europe Rum Market Volume ('000 Litres) Analysis & Forecast by Type, 2023 & 2033
- Figure 49 : Europe Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023 & 2033
- Figure 50 : Europe Rum Market Volume ('000 Litres) Analysis & Forecast by Nature, 2023 & 2033
- Figure 51 : Europe Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 52 : Europe Rum Market Volume ('000 Litres) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 53 : Europe Rum Market Value (US$ Mn) Analysis & Forecast by Country, 2023 & 2033
- Figure 54 : Europe Rum Market Volume ('000 Litres) Analysis & Forecast by Country, 2023 & 2033
- Figure 55 : Europe Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 56 : Europe Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 57 : Europe Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 58 : Europe Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
- Figure 59 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023 & 2033
- Figure 60 : South Asia & Pacific Rum Market Volume ('000 Litres) Analysis & Forecast by Type, 2023 & 2033
- Figure 61 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023 & 2033
- Figure 62 : South Asia & Pacific Rum Market Volume ('000 Litres) Analysis & Forecast by Nature, 2023 & 2033
- Figure 63 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 64 : South Asia & Pacific Rum Market Volume ('000 Litres) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 65 : South Asia & Pacific Rum Market Value (US$ Mn) Analysis & Forecast by Country, 2023 & 2033
- Figure 66 : South Asia & Pacific Rum Market Volume ('000 Litres) Analysis & Forecast by Country, 2023 & 2033
- Figure 67 : South Asia & Pacific Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 68 : South Asia & Pacific Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 69 : South Asia & Pacific Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 70 : South Asia & Pacific Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
- Figure 71 : East Asia Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023 & 2033
- Figure 72 : East Asia Rum Market Volume ('000 Litres) Analysis & Forecast by Type, 2023 & 2033
- Figure 73 : East Asia Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023 & 2033
- Figure 74 : East Asia Rum Market Volume ('000 Litres) Analysis & Forecast by Nature, 2023 & 2033
- Figure 75 : East Asia Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 76 : East Asia Rum Market Volume ('000 Litres) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 77 : East Asia Rum Market Value (US$ Mn) Analysis & Forecast by Country, 2023 & 2033
- Figure 78 : East Asia Rum Market Volume ('000 Litres) Analysis & Forecast by Country, 2023 & 2033
- Figure 79 : East Asia Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 80 : East Asia Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 81 : East Asia Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 82 : East Asia Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
- Figure 83 : Middle East & Africa Rum Market Value (US$ Mn) Analysis & Forecast by Type, 2023 & 2033
- Figure 84 : Middle East & Africa Rum Market Volume ('000 Litres) Analysis & Forecast by Type, 2023 & 2033
- Figure 85 : Middle East & Africa Rum Market Value (US$ Mn) Analysis & Forecast by Nature, 2023 & 2033
- Figure 86 : Middle East & Africa Rum Market Volume ('000 Litres) Analysis & Forecast by Nature, 2023 & 2033
- Figure 87 : Middle East & Africa Rum Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 88 : Middle East & Africa Rum Market Volume ('000 Litres) Analysis & Forecast by Sales Channel, 2023 & 2033
- Figure 89 : Middle East & Africa Rum Market Value (US$ Mn) Analysis & Forecast by Country, 2023 & 2033
- Figure 90 : Middle East & Africa Rum Market Volume ('000 Litres) Analysis & Forecast by Country, 2023 & 2033
- Figure 91 : Middle East & Africa Rum Market Attractiveness Analysis by Region, 2023–2033
- Figure 92 : Middle East & Africa Rum Market Attractiveness Analysis by Type, 2023–2033
- Figure 93 : Middle East & Africa Rum Market Attractiveness Analysis by Nature, 2023–2033
- Figure 94 : Middle East & Africa Rum Market Attractiveness Analysis by Sales Channel, 2023–2033
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