Content of the study

Available languages

MARKET OVERVIEW

1.1 Definition and scope of study

Rum is an alcoholic beverage obtained through fermentation and distillation of its main ingredient: sugar cane. Sugarcane is a tropical plant whose sucrose is used as a raw material in the food and beverage industry. The first records of rum date back to the first half of the 17th century in the West Indies, when African slaves discovered that molasses - an ingredient generated during the sugar refining process - could ferment into alcohol. The popularity of the beverage reached North America and not long after, it became one of New England's most profitable industries. Today, the most important ingredient in rum - sugarcane - is the world's largest crop in production quantity.

Rum can be consumed at home or away from home and as a drink or used in cooking. There are different types of rum, the four main categories being :

  • White rum
  • Amber Rum
  • Dark rum
  • Spiced rum

The global spirits market is dominated by North America and Western Europe. The rum category accounts for a very large share of the world market for liqueur drinks. The global rum market is growing and is expected to continue doing so in the coming years, largely driven by a few brands with international dimensions.

Brazil is known as the country of caipirinha, even though beer is the most popular drink among Brazilians. It is responsible for 62% of alcoholic beverages consumption in the country. Like cachaça, rum is produced from molasses and other sugar derivatives, being the main ingredient of drinks like mojito and Cuba libre. Even so, the drink has fallen into disuse in recent decades, causing major brands to reposition rum with an eye on new generations from this proximity to cachaça, facilitating the entry of new potential consumers. [Health and Alcohol Information Center]

Like the global market, the Brazilian rum market is also dominated by international distilled beverage giants. However, it continues to be attractive for the arrival of new independent players, as rum is going through a process similar to that which occurred with beer, heading towards a wave of premium and handmade distillates. One of the reasons for this is the trend towards lower alcohol consumption among Brazilians, preferring higher quality over quantity. It is estimated that 44% of Brazilians believe in limiting alcohol consumption for health care purposes. Even so, the consumption of distilled beverages in 2019 was more or less 716 million liters. [Mintel]

DEMAND ANALYSIS

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATION

POSITIONING OF THE PLAYERS

To keep reading, buy the full research

What is in this market study?

  • What are the figures on the size and growth of the market?
  • What is driving the growth of the market and its evolution?
  • What are the latest trends in this market?
  • What is the positioning of companies in the value chain?
  • How do companies in the market differ from each other?
  • Access company mapping and profiles.
  • Data from several dozen databases

  • This market study is available online and in pdf format (30 p.)
  • Consult an example PDF or online
Buy this market study 89€

Availability within 10 business days

Method

Data
Analysts 1 sector analyzed
in 40 pages
Method
Control

Analysts

  • Top Universities
  • Expert opinion

Data

  • Databases
  • Press
  • Company reports

Control

  • Continuously updated
  • Permanent watch

Method

  • Synthetic structure
  • Standardized charts

Reviews (5)

The chocolate and chocolate factory market - France

Publicado en 23/06/2022 by Helie Krotoff

OK

The market for sports nutrition supplements - France

Publicado en 31/01/2022 by Thibaut Reinhard - Biocanna Technologies SRL

We got the numbers we needed. Excellent study


Businesscoot Response:

Thank you for your feedback. We are glad that the study lived up to your expectations. We hope you will give us a 5/5 next time ;)

The Farm Animal Feed Market - France

Publicado en 09/01/2022 by Hugo Schott - Businesscoot

Note the recent but steady take-off of organic feed for farm animals, which is leading to a renewal of research and development in the sector


Businesscoot Response:

Hello Hugo, Thank you for your feedback. We are glad that the study was up to your expectations. We hope you will give us a 5/5 next time ;)

The market for sports nutrition supplements - France

Publicado en 06/01/2022 by Amaury Wernert

The work of collection, data processing and the method to estimate the market still poorly known are very relevant. Interview with the market specialist on the impact of the Covid crisis very interesting


Businesscoot Response:

Hello Amaury, Thank you for your feedback. We are happy to read that the content and structure of the study have fully met your expectations. :)

The ready meal market - France

Publicado en 26/11/2020 by Lucie Piette - Cooperl

Good synthesis of the market with interesting figures


Businesscoot Response:

Hello Lucie, Thank you for your feedback. We are happy to read that you were completely satisfied with the content of the study. :)