Market Overview of Rum in Supermarket

General Trends:

Sales Decline: For the year ending May 2024, rum sales in supermarkets show a decrease of 3.3% in volume and a slight drop of 0.4% in value, translating to a loss of 690,000 liters. This trend reflects a challenging economic environment impacting all spirits.
Average Quantity: Consumers buy an average of 3.7 liters of rum per years, compared to 10 liters for blended whiskies, indicating lower rum consumption.

Brand Performance:

Captain Morgan: The iconic rum brand is experiencing a decline with an 8.6% drop in volume and 6.4% in value. This decline is attributed to an aging target demographic and strong competition from rum from the French Overseas Departments and Regions (DROM). Imported rums have an average price of €19.53 per unit, while DROM rums are priced at €14.31.
Arranged Rums: Arranged rums are seeing strong growth with a 3.7% increase in value. They are the only segment showing gains in both volume and value, driven by brands like Rivière du Mât.

Aged Rum Segment:

Growth of Aged Rums: Aged rums are gaining renewed interest, particularly through more premium products. For example, HSE introduces an aged amber rum at €16 and a vintage rum under €30, aiming to exceed 2 million bottles sold and improve its market position.

Comparison with Single Malts:

Rum vs Single Malts: Premium and aged rum segments, such as Don Papa, total €165 million in revenue, representing 75% of single malt sales, which reach €220 million. Darks and aged rums position themselves as accessible alternatives to single malts, offering a similar tasting experience at often lower prices.

Imported Rum:

Performance of Imported Rums: Cuban rums like Havana Club and Bacardi are significantly declining, with decreases of -13.2% and -10.1% in volume, respectively. This underperformance contrasts with the success of ultrapremium rums.

Ultra-Premium Rum: Ultra-premium rums like Don Papa are thriving with a growth of +7.4% in volume and +8.5% in value. Don Papa is among the most dynamic brands after Rivière du Mât, with a spontaneous awareness of 14% at the end of 2023.

Innovations and New Offerings:

Formats and Cream Rums: The rum market is exploring new formats, such as 50 cl bottles, and diversifying with cream rums like the L’Onctueux range from Rivière du Mât. Ready-to-drink cocktails, led by Old Nick, continue to evolve with innovations such as new labels.

In summary, rum sales in supermarkets are declining overall, with a drop in volume and value. Consumers buy less rum compared to other spirits, but specific segments are performing well. Arranged rums and aged rums are growing, while ultra-premium brands like Don Papa are thriving. Despite challenges for major brands and imported rums, innovations and new formats offer potential for market adaptation and growth.


Source: https://www.lsa-conso.fr/du-cocktail-pret-a-boire-aux-rhums-valorises-le-rayon-gagne-en-expertise,456862

Derniers billets postés

Pepsico updates its classic Lay's potato chip ranges before summer

Just before the Paris 2024 Olympic Games, Lay's, France's leading potato chips brand with a 31% market ...

Lire la suite

Protein yogurts on the rise in the chilled market

Market growth Skyr and high-protein (HP) yogurts are the most dynamic on the chilled market, with ...

Lire la suite

Pulse specialist Hari&Co renews its brand identity and expands its offering

The plant-based cuisine company, which was acquired by the Avril group less than a year ago, is ...

Lire la suite

Commentaires

Soyez le premier à poster un commentaire !

Ajouter votre commentaire

Les informations recueillies sont utilisées pour publier votre commentaire. Conformément au "règlement général sur la protection des données personnelles", vous pouvez exercer votre droit d'accès aux données vous concernant et les faire rectifier en contactant Sutralis par email (philippe.demarest@sutralis.com). Consulter les détails du consentement.

Recopiez le mot "pomme" :

Haut de page