Rum Market Revenue Growth, Largest Companies, Trends Analysis- Global Industry Forecast to 2027
Rum Market Rum is prepared by fermentation and distillation of molasses or juice of sugarcane. The global rum market size was valued at USD 1.06 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. Rum has gained popularity owing to the increasing per capita disposable incomes, changing lifestyles in developing countries. However,...
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