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Stock impact report

15 Best-Selling Rum Brands in the World [Yahoo! Finance]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Yahoo! Finance
You can skip our detailed analysis of the global rum market, the new rum RTD in the market, and sustainability in the rum industry, and go directly to the 5 Best-Selling Rum Brands in the World Many of the best rums in the world are made in the Caribbean. Sugarcane was introduced to that part of the globe in the late 1400s by Europeans, and it quickly took root. Colonialists started sugar plantations that used forced labor by enslaved people from Africa, and from these plantations came rum. The spirit's popularity quickly spread to Colonial North America, and it is estimated that prior to the American Revolutionary War, the men and women of the American colonies were guzzling an average of three imperial gallons of rum each year. Global Rum Market: As we mentioned in our article – 12 Countries that Produce the Best Rum in the World – the global rum market was estimated at $17.4 billion in 2023 and is expected to reach $24.5 billion by 2033, with a CAGR of 3.5% during the forecas Show less Read more
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