Rum Market Outlook 2030: Assessing Size, Growth Trajectory, and...

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2025-09-29 09:57:50 -

Rum Market Outlook 2030: Assessing Size, Growth Trajectory, and Market Share

Market Overview Rum Market, distilled from sugarcane molasses or juice, remains one of the world’s most popular spirits. Its market is shaped by both traditional heritage producers and innovative new entrants who are reimagining flavors and product formats. In 2023, the global rum market was valued at USD 18.19 billion. Growth drivers include the rise of cocktail culture, increasing...

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