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- Craft Rum vs. Traditional Rum: A Look into the Market's EvolutionThe global craft rum market is poised for significant growth over the next decade. Valued at US$ 1.5 billion in 2021, the industry is expected to reach US$ 2.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2031. The market is witnessing an increase in the consumption of handcrafted spirits, driven by millennials' preference for unique and premium...0 0 Comments 0 Shares
- Distilled Differently: How Craft Rum Is Changing Consumer TasteThe global craft rum market is poised for significant growth over the next decade. Valued at US$ 1.5 billion in 2021, the industry is expected to reach US$ 2.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2031. The market is witnessing an increase in the consumption of handcrafted spirits, driven by millennials' preference for unique and premium...0 0 Comments 0 Shares
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