The Rum Industry: Trends, Market Insights, and Future Growth
Global Rum Market Overview
The global Rum Industry is experiencing steady growth, driven by evolving consumer preferences and increasing demand for premium spirits. In 2023, the market was valued at approximately USD 18.19 billion and is projected to reach nearly USD 25.95 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.2% during the forecast period.
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