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Agriculture
Food
Foodstuffs

The rum market - Portugal

An analysis with all the essential information for a clear, complete and quantified view of this market.

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The rum market - Portugal
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Study Overview

Rum is a brandy originally from the Americas, produced from sugar cane. The rum market is a sub-segment of the spirits market: drinks made from distilled alcohol. There are two types of spirits: "simple" spirits, such as rum, whisky, gin and vodka, whose taste is derived from the distillation of the raw material; and "compound" spirits, such as aniseed-flavored aperitifs or liqueurs, whose taste is derived from the addition of aromatic substances to a neutral alcohol or brandy. Rum is consumed as a beverage or in cooking. There are different categories of rum:

whiterums

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amberrums

agedrums

spiced rums

The global spirits market is dominated by North America, followed by Western Europe. The white spirits and rum category accounts for a very large share of the global spirits market. The global rum market is growing and should continue to do so in the years ahead, largely dominated by a handful of international brands. Like the global market, the Portuguese rum market is also dominated by international distilled beverage giants. However, it remains attractive to the arrival of new independent players, such as the famous Louisiana artisanal brand Bayou rum. According to the National Association of Spirits Companies (ANEBE), spirits account for 11% of all alcoholic beverages consumed in Portugal, while wine and beer represent 55% and 31% respectively. Among spirits, rum is showing positive growth, compared with other spirits of the same type. [Dinheiro Vivo] According to data from the World Health Organization, Portugal is one of the world's top ten alcohol consumers, consuming 12.5 liters per capita. An important detail is that 58% of spirits sales are made in bars and restaurants, while sales in super and hypermarkets account for just 17.5% of the market.

Key takeaways

  • Growth and sector challenges
  • Demand analysis
  • Market structure and organization
  • Supply and pricing analysis
  • Player segmentation
  • Latest trends and innovations
Methodology

Our methodology

Our method combines human expertise and a large corpus of sources, including exclusive and private data, for optimal understanding of the sector

Broad source base

  • National, international, and private databases
  • Professional press and polling institutes
  • Industry reports, company financial statements...

Exclusive data

  • Indexpresse sectoral database
  • Preferred Brands database
  • Expert interviews and proprietary indicators

Human expertise

  • Experienced research analysts
  • Know-how developed through 1500+ studies
  • In-depth and rigorous analysis

Visual and actionable reports

  • Graphic studies with synthetic structure
  • Downloadable data
  • Link to original sources
Contents

Sommaire

  1. 1. Market overview

    • 1.1 Definition and scope of study
    • 1.2 World rum market on the rise
    • 1.3 The European rum market
    • 1.4 The growing Portuguese market
    • 1.5 Rum foreign trade
  2. 2. Demand analysis

    • 2.1 Demand for spirits in Portugal
    • 2.2 Variable consumption locations and frequencies
    • 2.3 Portugal's favourite rum brands
  3. 3. Market structure

    • 3.1 The Madeira archipelago: a new land of rum
    • 3.2 Production concentrated on the Madeira archipelago
    • 3.3 Rum production
    • 3.4 Distribution
  4. 4. Offer analysis

    • 4.1 Types of rums on offer
    • 4.2 Typology of Madeira rums on offer
    • 4.3 Rising prices
  5. 5. Regulations

    • 5.1 Current regulations: Non-viticultural spirits
    • 5.2 Current regulations: Sale and consumption of alcoholic beverages
    • 5.3 Regulations: Production and marketing of Madeira Rum
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The rum market - Portugal

The rum market - Portugal

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Study characteristics
Publication dateSeptembre 2023
Number of pages35 pages
Available formatsPDF and digital
LanguageEnglish
Immediate access after purchase
Reusable data
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