Global RUM Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

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 RUM market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global RUM market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the RUM Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in RUM market are: William Grant & Sons Cayman Spirits Co Admiral Nelson`s Rum Pernod Ricard SA Remy Cointreau USA Lyon Distilling Maine Craft Distilling Westerhall Rums Bacardi Diageo Most important types of RUM products covered in this report are: White Golden Dark Spiced Most widely used downstream fields of RUM market covered in this report are: Direct Sales Liquor Shops Supermarket E-commerce Others Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.