Rum Market estimated to be growing at a CAGR of 0.5% during the forecast period of 2018-2023.
Rums are manufactured in several grades. Light rums are usually used in cocktails, whereas "golden" and "dark" rums are usually consumed straight or neat, on the rocks, or used for cooking, but these days are consumed with mixers.
(EMAILWIRE.COM, August 10, 2018 ) Rum Market estimated to be growing at a CAGR of 0.5% during the forecast period of 2018-2023
It is a decline of almost 3.7m cases, with rum's top three markets - India, the US and the Philippines - all likely to record falls. It further predicts that market is likely to grow at a CAGR of 0.6%.Rum is a distilled alcoholic beverage produced from sugarcane by-products, like molasses, or directly from sugarcane juice, through fermentation and distillation. The distillate, a clear liquid, is then commonly aged in oak barrels.
Browse full report @ https://www.marketdataforecast.com/market-reports/rum-market-3918/
Rums are manufactured in several grades. Light rums are usually used in cocktails, whereas "golden" and "dark" rums are usually consumed straight or neat, on the rocks, or used for cooking, but these days are consumed with mixers. Premium rums are produced to be consumed either straight or iced. Segmenting rum into meaningful groupings is difficult because no single standard exists for what constitutes rum. Therefore, rum is defined by the varying rules and laws of the nation’s manufacturing the spirit. The differences in definitions are issues such as spirit proof, minimum aging, and even naming standards. The grades and variations utilized for describing rum depend on the location of its production. In spite of these variations, the following terms are commonly used to describe different types of rum - Dark rums, Flavoured rums, Gold rums, Light rums, over proof rums, Premium rums, and Spiced rums. Super and ultra-premium rum segments are "still growing robustly".
Request sample report @ https://www.marketdataforecast.com/market-reports/rum-market-3918/request-sample
On the basis of geography the market is classified into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Inquire before buying report @ https://www.marketdataforecast.com/market-reports/rum-market-3918/inquire
Major players in this market are Bacardi, Diageo, Pernod Ricard, Tanduay, Amrut Distilleries, Beam Suntory, Gruppo Campari, Matusalem, Mohan Meakin, Patron Spirits, Pusser's, Radico Khaitan, Ron Bermudez, Ron Edmundo Dantes etc.
Buy full report @ https://www.marketdataforecast.com/cart/buy-now/rum-market-3918
It is a decline of almost 3.7m cases, with rum's top three markets - India, the US and the Philippines - all likely to record falls. It further predicts that market is likely to grow at a CAGR of 0.6%.Rum is a distilled alcoholic beverage produced from sugarcane by-products, like molasses, or directly from sugarcane juice, through fermentation and distillation. The distillate, a clear liquid, is then commonly aged in oak barrels.
Browse full report @ https://www.marketdataforecast.com/market-reports/rum-market-3918/
Rums are manufactured in several grades. Light rums are usually used in cocktails, whereas "golden" and "dark" rums are usually consumed straight or neat, on the rocks, or used for cooking, but these days are consumed with mixers. Premium rums are produced to be consumed either straight or iced. Segmenting rum into meaningful groupings is difficult because no single standard exists for what constitutes rum. Therefore, rum is defined by the varying rules and laws of the nation’s manufacturing the spirit. The differences in definitions are issues such as spirit proof, minimum aging, and even naming standards. The grades and variations utilized for describing rum depend on the location of its production. In spite of these variations, the following terms are commonly used to describe different types of rum - Dark rums, Flavoured rums, Gold rums, Light rums, over proof rums, Premium rums, and Spiced rums. Super and ultra-premium rum segments are "still growing robustly".
Request sample report @ https://www.marketdataforecast.com/market-reports/rum-market-3918/request-sample
On the basis of geography the market is classified into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Inquire before buying report @ https://www.marketdataforecast.com/market-reports/rum-market-3918/inquire
Major players in this market are Bacardi, Diageo, Pernod Ricard, Tanduay, Amrut Distilleries, Beam Suntory, Gruppo Campari, Matusalem, Mohan Meakin, Patron Spirits, Pusser's, Radico Khaitan, Ron Bermudez, Ron Edmundo Dantes etc.
Buy full report @ https://www.marketdataforecast.com/cart/buy-now/rum-market-3918
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results