The rum market is poised to grow by 150.51 mn L during 2020-2024, progressing at a CAGR of about 2% during the forecast period. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis
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Technavio has announced its latest market research report titled Global Rum Market 2020-2024. (Graphic: Business Wire)
The report on the rum market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by demand for premium varieties of rum available.
The rum market analysis includes product segment, distribution channel and geography landscape. This study identifies the rising demand for rum cocktails as one of the prime reasons driving the rum market growth during the next few years.
This report 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.
The rum market covers the following areas:
Rum Market Sizing
Rum Market Forecast
Rum Market Analysis
Companies Mentioned
- Asahi Group Holdings Ltd.
- Bacardi Global Brands Ltd.
- Davide Campari-Milano Spa
- Demerara Distillers Ltd.
- Diageo Plc
- LT Group Inc.
- Nova Scotia Spirit Co.
- Pernod Ricard SA
- Suntory Holdings Ltd.
- William Grant Sons Ltd.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market Outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Gold and dark rum Market size and forecast 2019-2024
- White rum Market size and forecast 2019-2024
- Spiced rum Market size and forecast 2019-2024
- Market opportunity by product
PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparison by distribution channel
- On-trade Market size and forecast 2019-2024
- Off-trade Market size and forecast 2019-2024
- Market opportunity by distribution channel
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC Market size and forecast 2019-2024
- North America Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Rise in inorganic growth
- Rising demand for rum cocktails
- Growing demand from millennials
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Asahi Group Holdings Ltd.
- Bacardi Global Brands Ltd.
- Davide Campari-Milano Spa
- Demerara Distillers Ltd.
- Diageo Plc
- LT Group Inc.
- Nova Scotia Spirit Co.
- Pernod Ricard SA
- Suntory Holdings Ltd.
- William Grant Sons Ltd.
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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