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Bacardi Launches Its First Premium Spiced Liquor, 'Bacardi Caribbean Spiced'

Serving as the first premium spiced aged product from the company, Bacardi has announced the release of its new 'Bacardi Caribbean Spiced' rum. Pineapple, vanilla, and cinnamon are used to make the aged rum-based drink, which has sweet notes of molasses, coconut sugar, and coconut water. The liquid also goes through a rest and filter process, which helps carefully blend the cinnamon and vanilla into the spirit, and then it is laid to rest and polished for clarity and color.

"Category research showed us that flavored and spiced are the fastest growing segments in rum and specifically premium rum, and the Piña Colada has risen through the ranks as a top five cocktail. Even more exciting was our discovery that people were looking specifically for unique flavors and aged rums," said Dickie Cullimore, global brand ambassador for Bacardi rum.
Trend Themes
1. Premium Spiced Rum - The rise of flavored and spiced rum indicates an opportunity for companies to develop unique aged and premium blends that cater to consumers’ desire for unique flavors.
2. Crafted Rest and Filter Process - A rest and filter process that carefully blends cinnamon and vanilla ingredients and polishes the liquid for clarity and color could be a disruptive innovation in the rum industry.
3. Growth of Rum Industry - The increasing interest in rum and cocktails like Piña Colada presents an opportunity for companies to capitalise on the growth by launching new high-end products which are tailored to consumer preferences.
Industry Implications
1. Rum Producers - Companies producing rum can explore developing premium and spiced rum with unique flavors to tap into the growing consumer demand for these types of products.
2. Beverage Producers - Beverage producers can invest in the development of unique rest and filter processes that improve the quality, clarity, and color of their products, which could lead to a competitive edge in the market.
3. Hospitality Industry - The hospitality industry can leverage the growing demand for rum-based cocktails like Piña Colada by showcasing unique premium and spiced rums that appeal to the preferences of consumers.

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