“Emerging Rum Market Trends: Craft Distilleries, Premiumization, and Changing Demographics”
Rum Market was estimated at 16.4 USD Billion in 2024, with projections to reach 31.89 USD Billion by 2035, growing at a CAGR of 6.23% from 2025 to 2035. The steady rise in demand for refined spirits, coupled with global cocktail trends, is shaping the rum industry’s future. Increased consumer interest in premium and spiced varieties is fueling diversification and encouraging...
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