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Rum fever – How ‘complexity and diversity’ are creating consumer interest worldwide – Category Intel

Jaq Bayles
Last updated: 06/01/2025 at 1:38 PM
By Jaq Bayles
6 January 2025
10 Min Read

Rum has long waited to take its seat at spirits’ top table. With growth forecast for premium-plus iterations as well as younger consumers’ willingness to experiment, has the category’s time finally arrived?


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Always the life and soul of the party, rum has made no secret of its desire to mingle with the more serious crowd rather than just be known as the ultimate mixing guest - and it looks like the category's invitation to the top table may have finally arrived.IWSR puts total global rum value in 2023 at US$18.8bn, with ultra-premium-and-above accounting for less than 0.5% of volumes and 3% of value. Nonetheless, IWSR predicts that between 2021 and 2026, premium-plus volumes will climb by a CAGR of 6%, with value increasing by a CAGR of 6.5%. It’s little surprise, then, that independent

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Jaq Bayles
ByJaq Bayles
Jaq is a UK-based freelance journalist who began her career in newspapers and has contributed over the years to a range of national and international titles, including The Guardian and The Independent. For several years now, she has specialised mainly in drinks-related topics.
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