North America Rum Market by Type | 2018-2030 | USD Million

Year DARK WHITE
2018 $ 1331.16 $ 643.7
2019 $ 1402.76 $ 686.69
2020 $ 1424.8 $ 706.01
2021 $ 1799.1 $ 902.3
2022 $ 1999.77 $ 1015.01
2023 $ 2125.39 $ 1091.65
2024 $ 2256.78 $ 1172.87
2025 $ 2393.57 $ 1258.58
2026 $ 2532.76 $ 1347.31
2027 $ 2676.25 $ 1440.11
2028 $ 2821.02 $ 1535.46
2029 $ 2968.83 $ 1634.34
2030 $ 3118.42 $ 1736.13
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North America Rum Market by Type | 2018-2030 | USD Million

Synopsis
The above chart is North America Rum Market by Type | 2018-2030 | USD Million

Market Dynamics

the north america rum market is experiencing significant demand, with various types of rum gaining popularity among consumers. this demand is driven by various factors, including changing consumer preferences, cultural influence, and the availability of a wide range of rum options. one of the main types of rum in high demand is white rum, also known as silver or light rum. this type of rum is typically clear and has a subtle flavor profile, making it a versatile option for mixing in cocktails. white rum is especially popular in north america because it is the main ingredient in classic cocktails like the mojito, daiquiri, and piña colada. another type of rum that is in demand in north america is gold rum, also referred to as amber or dark rum. gold rum is aged for a longer period in oak barrels, which gives it a rich and complex flavor. this type of rum is preferred by consumers who enjoy sipping rum neat or on the rocks, as well as in cocktails that require a more pronounced rum flavor, such as the dark and stormy or the rum old fashioned. spiced rum is also experiencing high demand in north america. this type of rum is infused with various spices, such as cinnamon, nutmeg, and clove, which give it a unique and flavorful profile. spiced rum is commonly used in cocktails such as the rum and coke, but it has also gained popularity as a standalone beverage, as its bold flavor can be enjoyed on its own. furthermore, aged rum is seeing a spike in demand in north america. this type of rum is typically aged for a longer period than gold rum, resulting in a more refined and smooth taste. aged rum is gaining popularity among consumers who appreciate high-quality, premium spirits and enjoy sipping the drink on special occasions. the demand for non-traditional rums, such as flavored and premium rums, is also on the rise in north america. these types of rums offer unique and innovative flavors, such as coconut, mango, and chocolate, catering to the ever-evolving taste preferences of consumers. in conclusion, the north america rum market is witnessing high demand for various types of rum, each offering unique flavor profiles and serving different purposes. with consumers becoming more adventurous in their drink choices, it is expected that the demand for these types of rum will continue to rise in the coming years.

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