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High-end rums are witnessing huge demand among consumers as consumers seek premium drinking experiences. Moreover, consumers are also inclined toward aged rums as these rums have a distinct aroma, flavor, and feel. High-end rums are categorized into white, gold, and dark based on their color and appearance. The age of the rum is determined by its color.
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3 Market Size The high-end rum market size was valued at US$ 3,569.80 million in 2022 and is expected to reach US$ 5,006.08 million by 2030; it is estimated to register a CAGR of 4.3% from 2022 to 2030.
7 Segments Covered • By Product Type • By Category • By Distribution Channel • By Nature
Key Players • Cayman Spirits Co • Sovereign Brands LLC • Cognac Ferrand SASU • Pernod Ricard SA • Distilleries Arehucas SA • Mount Gay Distilleries Ltd • Davide Campari Milano NV • Brown-Forman Corp • Westerhall Estate Ltd