Rum Market Research Reports & Industry Analysis
It is believed that rum first originated on the island of Barbados. The drink’s popularity quickly spread to North America. The first distillery was established on what is now Staten Island. Three years later, Boston had its own distillery. The manufacturing of rum became a lucrative industry. Plenty of lumber and superior metalworking and technical skills helped New England advance as a large distillery center. The rum produced in New England was lighter and had a more pleasant aroma.
Today there are many grades of rum. The variations depend on where the rum is produced. Light rum, Aaso called silver or white rum, is sweet with a mild flavor. After aging, light rums are often filtered to remove color. Light rums often come from Puerto Rico.
Gold rum, also referred to as amber rum, is aged longer and in wooden barrels. They are stronger and have more flavor than white rums.
Spiced rum gets its flavor from spices such as aniseed, pepper cinnamon and rosemary. Sometimes caramel is used also.
Dark rum, also known as black, brown or red rum, is aged in heavily charred barrels for a longer period of time.
Flavored rums are often infused with flavors such as coconut, banana, lime, and mango. These rums are less than 40% alcohol and are frequently used in tropical drinks.
Over proof rums have more than 60% alcohol and are considered premium boutique rums. They are very carefully produced and are often consumed straight.
Rum Industry Research & Market Reports
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Spiced Rum
... at a CAGR of 4.6% over the analysis period 2023-2030. Vanilla Spiced Rum, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$7.5 Billion by the end ... Read More
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Rum
... of 4.0% over the analysis period 2023-2030. Light / Gold Rum, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$8.2 Billion by the end of the ... Read More
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Non-alcoholic Liquors & Mocktails Market Research Report Information by Product Type (Rum, Vodka, Whiskey, Gin, Tequila, Aperitif, Mocktails, and Others), Category (Regular, and Premium), By Form (Fresh and Processed), By Flavor (Herbal and Botanical, Spiced, Exotic and Tropical Fruits & Vegetables, Oak, Agave, Smoky, and others), And By Region (China, Malaysia, Germany, Portugal, Saudi Arabia, and GCC) – Industry Forecast Till 2032
... Exotic and Tropical Fruits & Vegetables, Oak, Agave, Smoky, and others), And By Region (China, Malaysia, Germany, Portugal, Saudi Arabia, and GCC) – Industry Forecast Till 2032 In 2023, the market for non-alcoholic liquors and ... Read More
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Rtds in India
... lower alcohol content Ready-to-Drink (RTD) options with an emphasis on flavour. Younger consumers of legal drinking age led this transformation, transitioning from conventional “old school” drinking habits to savouring and exploring various flavours. Euromonitor International's ... Read More
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Spirits Global Industry Almanac 2019-2028
... of the leading players including key financial metrics and analysis of competitive pressures within the Market. Key Highlights The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila ... Read More
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Global Rum Market 2024-2031
... is anticipated to grow at a CAGR of 5.5% during the forecast period (2024-2031). Rum is a popular alcoholic beverage worldwide, known for its unique flavors and rich history. As incomes rise globally, there has ... Read More
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RTD Spirit Market Research Report Information by Type (Rum, Whiskey, Vodka, Tequila, and Others), End-User (Residential/Retail, and Commercial), Category (Organic, and Regular), By Demographics (Gen Z, Millennials, Gen X, and Baby Boomers), By Packaging (Bottles and Cans), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others) and By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) – Industry Forecast Till 2032
... and Cans), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others) and By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) – Industry Forecast Till 2032 The RTD Spirit ... Read More
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Germany Spirits
... in demand through the off-trade channel. Spirits are increasingly undermined by competition from RTDs, which not only offer greater convenience but are also more aligned with the longer-term trend towards moderate alcohol consumption among young ... Read More
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Ecuador Spirits
... with a decline in demand from the previous year, resulted in companies resorting to promotions to clear excess inventory. This trend was particularly evident in categories with higher import volumes, such as Scotch whisky. Euromonitor ... Read More
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White Spirit
... at a CAGR of 4.0% over the analysis period 2023-2030. Vodka, one of the segments analyzed in the report, is expected to record a 3.9% CAGR and reach US$49.9 Billion by the end of the ... Read More
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Mexico Spirits
... movement, and off-trade sales declining. The national drinks tequila and mezcal, along with destilados de agave, play a central role at social events and celebrations, which are the primary consumption occasions, and therefore saw declines ... Read More
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Global Non-Alcoholic Spirits Market (2024 Edition): Market Size, Trends, Opportunities and Forecast By Product Type (Whiskey, Rum, Vodka, Gin and Other Product Types), Sales Channel, Category, Region, By Country: 2020-2030
... Azoth Analytics highlights different factors and opportunities prevailing in the “Global Non-Alcoholic Spirits Market (2024 Edition)”. According to the report, Global Non-Alcoholic Spirits Market valued at USD 302.53 Million in 2023. The report explores a ... Read More
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Non-alcoholic Spirits Market (Product Type: Non-alcoholic Tequila, Non-alcoholic Rum, Non-alcoholic Gin, Non-alcoholic Whiskey, Non-alcoholic Vodka, and Others; and Category: Organic Ingredients and Conventional Ingredients) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034
... Non-alcoholic Spirits Market – Scope of Report TMR’s report on the global non-alcoholic spirits market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of ... Read More
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The US Alcoholic Drinks
... level in a decade. Bright spots existed in categories across the spectrum, but could be matched with similarly negative or worse results in another. For instance, while malt-based RTDs flew off shelves, largely as hard ... Read More
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Global Flavored Alcohol Market Size study, by Type (Whiskey, Rum, Vodka, Tequila, Gin, Others), by Flavor (Herbs & Spices, Fruits, Nuts & Seeds, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce
... Regional Forecasts 2022-2032 Global Flavored Alcohol Market is valued at approximately USD 26.52 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.69% over the forecast period 2024-2032. ... Read More
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Asia Pacific Flavored Alcohol Market Size study, by Type (Whiskey, Rum, Vodka, Tequila, Gin, Others), by Flavor (Herbs & Spices, Fruits, Nuts & Seeds, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Co
... and Country Forecasts 2022-2032 Asia Pacific Flavored Alcohol Market is valued approximately at USD 6.10 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 17.02% over the forecast ... Read More
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Europe Flavored Alcohol Market Size study, by Type (Whiskey, Rum, Vodka, Tequila, Gin, Others), by Flavor (Herbs & Spices, Fruits, Nuts & Seeds, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce
... Country Forecasts 2022-2032 Europe Flavored Alcohol Market is valued approximately at USD 7.69 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.24% over the forecast period 2024-2032. ... Read More
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US Flavored Alcohol Market Size study, by Type (Whiskey, Rum, Vodka, Tequila, Gin, Others), by Flavor (Herbs & Spices, Fruits, Nuts & Seeds, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce, Ot
... 2022-2032 US Flavored Alcohol Market is valued approximately at USD 6.68 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.86% over the forecast period 2024-2032. Flavored alcohol ... Read More
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2024 Global: Rum And Other Spirits Obtained By Distilling Fermented Sugar-Cane Products (Important: Excluding Alcohol Duty) Products-Manufacturing Forecast (2030) report
... Alcohol Duty) Products-Manufacturing Forecast (2030) report analyzies the market size, projected growth/decline and regional data for the period 2019 through 2030. Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic ... Read More
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Spirits Global Market Opportunities And Strategies To 2033
... Asahi Group Holdings, Ltd.; Bacardi Limited; Brown-Forman Corporation Spirits Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to ... Read More
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Dark Spirits Market Size Outlook, 2024- by Type (Whiskey, Rum, Brandy), Application (Bars, Restaurants, Pubs, Others), Distribution Channel (Online, Offline)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report
... is poised to register a CAGR of 5.67% between 2024 and 2032. The market growth is driven by steady demand and new product launches. Leading Dark Spirits market companies are investing in strengthening supply and ... Read More
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Duty-Free Liquor Market Size Outlook, 2024- by Type (Beer, Wine, Whiskey, Vodka, Cognac, Gin, Rum, Tequila, Others (liqueurs, brandy, etc.)), Distribution Channel (Border Shop, Cruise Liners, Airport, Downtown Shop, Others), Price Range (Standard, Premium, Luxury)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report
... Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report The Duty-Free Liquor market is poised to register a CAGR of 19.83% between 2024 and 2032. The market growth is driven by steady demand ... Read More
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RTD Alcoholic Beverages Market Size Outlook, 2024- by Type (Tequila, Whiskey, Rum, Vodka, Gin, Others), Distribution Channel (Hypermarket, Supermarket, Online Stores, Others), Flavors (Citrus, Herbs and Spices, Fruits), Product (Malt based, Spirit-based, Whisky based)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report
... Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report The RTD Alcoholic Beverages market is poised to register a CAGR of 7.73% between 2024 and 2032. The market growth is driven by steady demand ... Read More
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Alcohol-based Concentrates Market Size Outlook, 2024- by End users (Bakery, Beverages, Chocolate, Sauces, Others), Primary ingredient (Beer, Whiskey, Bourbon, Brandy, Gin, Vodka, Rum, Cocktail, Others), Flavor (Fruits, Florals, Creamy, Mint, Chocolate, Others), Distribution channel (Direct sales, Indirect sales)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report
... sales, Indirect sales)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report The Alcohol-based Concentrates market is poised to register a CAGR of 7% between 2024 and 2032. The market growth is driven ... Read More
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Craft Spirits Market Size Outlook, 2024- by Type (Whiskey, Vodka, Gin, Rum, Brandy, Liqueur, Others), Application (Commercial, Hotel industry, Others), Distiller size (Large, Medium, Small)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report
... Report The Craft Spirits market is poised to register a CAGR of 26.13% between 2024 and 2032. The market growth is driven by steady demand and new product launches. Leading Craft Spirits market companies are ... Read More
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