Spiced Rum Market Worth $9.39 Billion By 2027 | CAGR: 4.3%: Grand View Research, Inc.
SAN FRANCISCO, May 28, 2020 /PRNewswire/ -- The global spiced rum market size is expected to reach USD 9.39 billion by 2027, expanding at a CAGR of 4.3% over the forecast period, according to a new report by Grand View Research, Inc.
- SAN FRANCISCO, May 28, 2020 /PRNewswire/ -- The global spiced rum market size is expected to reach USD 9.39 billion by 2027, expanding at a CAGR of 4.3% over the forecast period, according to a new report by Grand View Research, Inc.
- Shifting consumer inclination towards flavored alcoholic beverages is fueling the growth of the market across the globe.
- Asia Pacific dominated the market for spiced/flavored rum in 2019 and held more than 45% share of the global revenue.
- Grand View Research has segmented the global spiced rum market on the basis of product, distribution channel, and region:
Spiced Rum Product Outlook (Revenue, USD Million, 2016 - 2027)