About Rhum Agricole
Rhum Agricole is one of the popular types of Rum largely produced in Caribbean countries. The places where there is sugar cane cultivated on a large scale. Rhum Agricole is obtained from fresh-pressed sugar cane juice. Rhum is a French pronunciation of rum basically for cane juice rum. This type of rum can only come from Martinique of France. Highly popular in the West Indies Islands, and growing popularity worldwide due to its royalty.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Growing Distillers & Vintners manufacturers in the world increasing competition in top leading firms. France has a monopoly of Rhum Agricole business and top countries for manufacturing the Rhum Agricole .the best Rhum Agricole found only in France and exported worldwide. Another option of a growing business is to acquire popular firms to rule over the market opted by firms. Analyst at AMA Research estimates that France Vendors will contribute the maximum growth to Global Rhum Agricole market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sheehan family companies (United States), Rhum Clement (United States), Distillerie (Canada), J.M., Distillerie (France), RHUMS MARTINIQUAIS SAINT JAMES (France), La Favorite Distillery (France), Distillerie Damoiseau (France), Distillerie Neisson (France), BELLONNIE & BOURDILLON SUCCESSEURS (France) and Rhumerie de Chamarel (Mauritius) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Rhum HSE Habitation St-Etienne (France), Rhum Bielle (France), Distillerie Dillon (France) and DISTILLERIE DEPAZ (France).
Segmentation Overview
AMA Research has segmented the market of Global Rhum Agricole market by Type (White, Gold and Dark Brown), Application (Cocktails, Master Malt, Tropical Drink, Multi-Rum Concoctions and Old Fashioned Variations) and Region.
On the basis of geography, the market of Rhum Agricole has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Beverages and Alcohol Industry will boost the Rhum Agricole market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Rhum Agricole market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Popular in Caribbean Countries and Highly Growing Popularity it is Mentioned as Royal Drink
Market Growth Drivers:
Most Used and Demanded in Cocktails, Mojito and Highly Demanded Due to its Unique Flavor and for Aromatics
Challenges:
Rare Type of Rum and Adulteration may occur Between Cachaca and Rhum Agricole as they Tastes Similar
Restraints:
Produced in Limited Places Where Sugarcane Grows and Problems Like Upset Stomach, Nausea, Vomiting, Gas, or Diarrhea are Commonly Seen
Opportunities:
Growing Use and Popularity Among Consumer in Worldwide and Growing Population for Rums and Beverages
Market Leaders and their expansionary development strategies
In late 2018 La Martiniquaise group acquired the iconic international Scotch Whisky brand CUTTY SARK, one of the very old and popular scotch whiskey categories. Additionally, on 5th September 2019, Campri secures Rhum Agricole buy, acquires BELLONNIE & BOURDILLON SUCCESSEURS.
In April 2023, Rhum J.M, makers of Rhum Agricole and considered one of the finest, most iconic rums on the French island of Martinique, has launched of Rhum J.M Terroir Volcanique in advance of Earth Day. An homage to the distillery's micro-climatic tropical milieu and breezy volcanic sugarcane fields, Terroir Volcanique is a blend of rums of at least three years, aged in new American oak barrels with two unique custom heavy toasts charred in the distillery's own small cooperage. The deep alligator char delivers rich flavors and a smoky, peat-like aroma, perfectly capturing the terroir of the volcano.
The US FDA Regulates Rum and its types including Rhum Agricole. The Federal Alcohol Administration Act regulates the following indications to unlawful for any person engaged in the business as customs custody for the consumption of the drink. It has certain regulations followed by every mediator involved in selling alcohol-containing beverages.
Key Target Audience
Rum Manufacturers, Distributors/Suppliers/Wholesalers, Government Sector, Beverage Companies, Research Firms, Industry Associate and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.