Rum market Highlights Rum is prepared by fermentation and distillation of molasses or juice of sugarcane. The global rum market Share accounted for USD 15.91 billion in 2018 and is expected to register a CAGR of 2.5% during the forecast period of 2019 to 2024. Rum has gained popularity owing to the increasing per capita disposable incomes, changing lifestyles in developing countries....