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Global Rhum Agricole Market: By Variant: Vieux, Amber, Blanc; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Others; By End Use: Food Service, Households; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Rhum Agricole Market Outlook
The global rhum agricole industry is expected to grow at a CAGR of about 4% in the forecast period of 2021-2026.
Europe Leading the Rhum Agricole Market
The origins of rhum agricole lie originally in the Caribbean territory of Martinique, an overseas of France, from where the raw sugarcane juice used to make rhum agricole was sourced. Over time, Europe has become the epicentre of this market because of an existing demand for wines or other forms of alcohol-based drinks. France has especially been at the forefront of processing rhum agricole for sale across the globe. Apart from Europe, there is a considerable demand seen in North America too, where there is a diaspora from the Caribbean as well as a certain degree of Caribbean influence. The market for rhum agricole is expected to grow further in value and at a higher pace in the forecast period 2021-2026, driven by the increasing demand among consumers.
Rhum agricole: Industry Definition and Segmentation
Rhum agricole is a specific rum made using fresh sugarcane juice instead of using molasses like other conventional types of rum. Given the difference in ingredients, there is a unique taste to it as well, which may differ as per the quality and type of sugarcane, climate, soil type and differences in the processing: distillation, blending and ageing. There are three main variants to it, viz., Vieux (old), Amber and Blanc (white). These were primarily made from sugarcane sourced from the French territories in the Caribbean, like Martinique, but these are now processed in other regions as well. Rhum agricole has been used in new cocktail mixtures as well.
The rhum agricole market can be divided by variant:
- Vieux
- Amber
- Blanc
It may be segmented on the basis of distribution channel into:
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
It may be differentiated on the basis of end-use into:
- Food Service
- Households
- Others
The regional markets for rhum agricole can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Rising Disposable Incomes Bolstering the Market Growth of Rhum Agricole
With more millennials having greater disposable incomes across the world, the demand for rhum agricole has risen as more connoisseurs look forward to savouring new tastes. Despite the current Covid-19 pandemic having disrupted a lot of foreign trade across regions, the overall rise in modern trade, business 2 business trade, e-commerce, and speciality stores across the world in the historical period have contributed greatly to the spread of rhum agricole, along with other brands of rums. A constraining factor is governments regulating the trade of alcohol in their countries, but with an overall rise in the number of bars across the world, it may be concluded that multiple regions with untapped markets may form potential markets, especially if sugarcane is grown natively, where it may be processed and sold to local populations.
Key Industry Players in the Global Rhum Agricole Market
The report gives a detailed analysis of the following key players in the global rhum agricole market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Rhum Saint James
- Rums Damoiseau
- Rhum Clément
- Distillerie J.M.
- La Rhumerie de Chamarel
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Rhum Agricole Market Analysis
8.1 Key Industry Highlights
8.2 Global Rhum Agricole Historical Market (2016-2020)
8.3 Global Rhum Agricole Market Forecast (2021-2026)
8.4 Global Rhum Agricole Market by Variant
8.4.1 Vieux
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Amber
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Blanc
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.5 Global Rhum Agricole Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026
8.5.3 Speciality Store
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Online
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026
8.5.5 Others
8.6 Global Rhum Agricole Market by End Use
8.6.1 Food Service
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Households
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Others
8.7 Global Rhum Agricole Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Rhum Saint James
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Rums Damoiseau
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Rhum Clément
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Distillerie J.M
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 La Rhumerie de Chamarel
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Rhum Agricole Market: Key Industry Highlights, 2016 and 2026
2. Global Rhum Agricole Historical Market: Breakup by Variant (USD Million), 2016-2020
3. Global Rhum Agricole Market Forecast: Breakup by Variant (USD Million), 2021-2026
4. Global Rhum Agricole Historical Market: Breakup by Distribution Channel (USD Million), 2016-2020
5. Global Rhum Agricole Market Forecast: Breakup by Distribution Channel (USD Million), 2021-2026
6. Global Rhum Agricole Historical Market: Breakup by End Use (USD Million), 2016-2020
7. Global Rhum Agricole Market Forecast: Breakup by End Use (USD Million), 2021-2026
8. Global Rhum Agricole Historical Market: Breakup by Region (USD Million), 2016-2020
9. Global Rhum Agricole Market Forecast: Breakup by Region (USD Million), 2021-2026
10. North America Rhum Agricole Historical Market: Breakup by Country (USD Million), 2016-2020
11. North America Rhum Agricole Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Europe Rhum Agricole Historical Market: Breakup by Country (USD Million), 2016-2020
13. Europe Rhum Agricole Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Asia Pacific Rhum Agricole Historical Market: Breakup by Country (USD Million), 2016-2020
15. Asia Pacific Rhum Agricole Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Latin America Rhum Agricole Historical Market: Breakup by Country (USD Million), 2016-2020
17. Latin America Rhum Agricole Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Middle East and Africa Rhum Agricole Historical Market: Breakup by Country (USD Million), 2016-2020
19. Middle East and Africa Rhum Agricole Market Forecast: Breakup by Country (USD Million), 2021-2026
20. Global Rhum Agricole Market Structure
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