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The global rhum agricole industry is expected to grow at a CAGR of about 4% in the forecast period of 2024-2032.
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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 2024-2032, driven by the increasing demand among consumers.
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.
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The rhum agricole market can be divided by variant:
It may be segmented on the basis of distribution channel into:
It may be differentiated on the basis of end-use into:
The regional markets for rhum agricole can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
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:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Distribution Channel |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global rhum agricole market is projected to grow at a CAGR of 4% between 2024 and 2032.
The major drivers of the market include the increasing demand among consumers, increasing popularity of cocktails, increase in millennial spending, and the emergence of rum bars.
The overall rise in modern trade, business-to-business trade, e-commerce, and rising disposable income are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The rhum agricole market can be divided by variants into vieux, amber, and blanc.
The several distribution channels are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
Rhum agricole finds its end-uses in food service and households, among others.
The major players in the industry are Rhum Saint James, Rums Damoiseau, Rhum Clément, Distillerie J.M., and La Rhumerie de Chamarel, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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