Rum Market: Global Industry Analysis and Forecast (2024-2030)

Rum is a distilled alcoholic beverage extracted from sugarcane molasses or directly from the sugarcane juice. It is a demanding market in the young generation and people with rich tastes as the preferred customization is done according to the changing preferences providing beneficial growth opportunities for the Rum Market. The rum offers a variety of flavors that appeal broad consumer base, this diversity in flavors leads to the innovation of new drinks that contribute to driving the Rum Market.