United Arab Emirates (UAE) Rum Market Overview, 2028
Rum sales in the United Arab Emirates (UAE) are brisk and active due to the country's diversified and cosmopolitan locals and visitors. The UAE offers a fertile foundation for the growth and develo... もっと見る
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SummaryRum sales in the United Arab Emirates (UAE) are brisk and active due to the country's diversified and cosmopolitan locals and visitors. The UAE offers a fertile foundation for the growth and development of the rum business with its vibrant cities, opulent resorts, and flourishing tourism sector. The UAE's strategic geographic location as a hub for international trade and travel positions it as a gateway for rum from around the world. The country boasts a well-developed infrastructure and efficient logistics networks, facilitating the importation and distribution of a wide range of rum brands and varieties. The UAE's strategic geographic location as a hub for international trade and travel positions it as a gateway for rum from around the world. The country boasts a well-developed infrastructure and efficient logistics networks, facilitating the importation and distribution of a wide range of rum brands and varieties. The country's luxury lifestyle and hospitality industry, which includes high-end hotels, bars, and restaurants, play a significant role in driving the demand for rum. These establishments often feature extensive rum lists and innovative rum-based cocktails, providing consumers with a rich and immersive experience. The presence of renowned mixologists and talented bartenders further elevates the rum scene, showcasing the versatility and creativity of this spirit.According to the research report “United Arab Emirates Rum Market Overview, 2028," published by Bonafide Research, The United Arab Emirates Rum market is projected to reach market size of more than USD 6.36 Million by 2028. The UAE has a well-established market for other spirits such as whiskey, vodka, and gin. These spirits have gained popularity and enjoy strong brand presence and consumer loyalty. The dominance of these spirits in the market may contribute to a relatively lower demand for rum. The UAE's alcohol market is heavily regulated, and the sale and distribution of alcoholic beverages are controlled by government authorities. This regulatory framework may influence the availability, pricing, and marketing of rum, potentially impacting its market positioning. Caribbean rums, particularly those from countries such as Jamaica, Barbados, and Puerto Rico, are widely available in the UAE. Spiced rums have gained popularity in the UAE, offering a unique twist on traditional rum flavors. These rums are infused with a variety of spices, such as vanilla, cinnamon, and cloves, resulting in a warm and aromatic profile. Standard rums are more widely consumed compared to over proof rums in the UAE. Standard rums typically have an alcohol content ranging from 40% to 50% ABV (alcohol by volume) and are commonly used for sipping neat, on the rocks, or as the base for cocktails. These rums offer a balanced flavor profile and are often more approachable for a wider range of consumers. With a diversified and ethnic resident and visitor population, the United Arab Emirates (UAE) is a dynamic and active market for rum. The UAE offers a favorable environment for the expansion and development of the rum business with its growing hospitality sector, opulent resorts, and bustling cities. Both mass-market and premium rums have a position in the UAE rum market, serving various customer segments with a range of tastes and price points. In contrast to luxury rums, the mass-market category is more prevalent and widely consumed. The rum industry in the UAE has undergone a technological revolution in many different ways. Technology advances in distillation have made it possible to achieve refined flavors and consistently high quality. Shorter ageing times have been achieved while preserving desired flavor profiles because to improved ageing and maturation procedures. Advanced quality analysis and control assure the integrity of the product and compliance with standards. Innovative packaging and labelling methods produce items that are dependable and pleasing to the eye. Consumer interaction has been revolutionised by digital marketing and e-commerce platforms, which offer simple access to information and online shopping. Through interactive experiences and virtual tastings, technology also facilitates consumer education. With better production, distribution, and customer experiences in the UAE, these developments continue to influence the rum market. Rum is mainly consumed as an alcoholic beverage in the UAE for socialising, festivities, and relaxation. Alcohol use in the UAE is restricted to specific locations, such as legally operating bars, clubs, and hotels. This is an important point to keep in mind. In addition to being a beverage, rum may be used in baking and cooking to flavor a variety of recipes. Culinary applications of rum include sweets, sauces, and marinades. Numerous obstacles could impede the expansion and development of the rum industry in the United Arab Emirates. The cultural and legal prohibitions on alcohol drinking are one of the main obstacles. Although non-Muslim citizens and visitors are permitted to consume alcohol in specified places in the UAE, which has a predominately Muslim population, cultural and religious factors may have an impact on the general demand for alcoholic beverages, including rum. Rum manufacturers and distributors have additional challenges because the sale, distribution, and promotion of alcoholic beverages in the UAE are subject to stringent laws and licencing procedures. Considered in this report • Geography: United Arab Emirates • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • United Arab Emirates Rum Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Types Rum • White Rum • Light or Gold Rum • Dark Rum • Spiced and Flavored By Nature • Conventional • Organic By Category • Standard • Over proof By Segment • Mass • Premium /Craft Rum By Distribution Channel • On -Trade • Off-Trade The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. We have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to rum industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Keywords: United Arab Emirates, White Rum, Gold Rum, Dark Rum, Spiced and Flavored, Conventional and Organic, Standard, over proof, Mass, Craft rum, online /offline and others Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. US Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. US Fruit & Vegetable Juice Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Product Types 6.3. Market Size and Forecast By Distribution Channel 7. US Fruit & Vegetable Juice Market Segmentations 7.1. US Fruit & Vegetable Juice Market, By Product Types 7.1.1. US Fruit & Vegetable Juice Market Size, By Fruit Juice, 2017-2028 7.1.2. US Fruit & Vegetable Juice Market Size, By Vegetable Juice, 2017-2028 7.1.3. US Fruit & Vegetable Juice Market Size, By Fruit and Vegetable Blend, 2017-2028 7.1.4. US Fruit & Vegetable Juice Market Size, By Nectar, 2017-2028 7.2. US Fruit & Vegetable Juice Market, By Distribution Channel 7.2.1. US Fruit & Vegetable Juice Market Size, By Supermarkets/Hypermarkets, 2017-2028 7.2.2. US Fruit & Vegetable Juice Market Size, By Convenience Stores, 2017-2028 7.2.3. US Fruit & Vegetable Juice Market Size, By Online, 2017-2028 7.2.4. US Fruit & Vegetable Juice Market Size, By Others (Cafes, Clubs, Restaurants, Etc.), 2017-2028 8. US Fruit & Vegetable Juice Market Opportunity Assessment 8.1. By Product Types, 2023 to 2028 8.2. By Distribution Channel, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.1.1. Company Snapshot 9.2.1.2. Company Overview 9.2.1.3. Financial Highlights 9.2.1.4. Geographic Insights 9.2.1.5. Business Segment & Performance 9.2.1.6. Product Portfolio 9.2.1.7. Key Executives 9.2.1.8. Strategic Moves & Developments 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: US Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Million) Figure 2: Market Attractiveness Index, By Product Types Figure 3: Market Attractiveness Index, By Distribution Channel Figure 4: Porter's Five Forces of US Fruit & Vegetable Juice Market List of Table Table 1 : Influencing Factors for Global Fruit & Vegetable Juice Market, 2022 Table 2: US Fruit & Vegetable Juice Market Size and Forecast By Product Types (2017, 2022 & 2028F) Table 3: US Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 4: US Fruit & Vegetable Juice Market Size of Fruit Juice (2017 to 2028) in USD Million Table 5: US Fruit & Vegetable Juice Market Size of Vegetable Juice (2017 to 2028) in USD Million Table 6: US Fruit & Vegetable Juice Market Size of Fruit and Vegetable Blend (2017 to 2028) in USD Million Table 7: US Fruit & Vegetable Juice Market Size of Nectar (2017 to 2028) in USD Million Table 8: US Fruit & Vegetable Juice Market Size of Supermarkets/Hypermarkets (2017 to 2028) in USD Million Table 9: US Fruit & Vegetable Juice Market Size of Convenience Stores (2017 to 2028) in USD Million Table 10: US Fruit & Vegetable Juice Market Size of Online (2017 to 2028) in USD Million Table 11: US Fruit & Vegetable Juice Market Size of Others (Cafes, Clubs, Restaurants, Etc.) (2017 to 2028) in USD Million
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