Global Alcohol Gummies
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Alcohol Gummies market size was $10.99 Million in 2022 and it is forecasted to reach $15.96 Million by 2030. Alcohol Gummies Industry's Compound Annual Growth Rate will be 3.31% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Alcohol Gummies market size was $10.99 Million in 2022 and it is forecasted to reach $15.96 Million by 2030. Alcohol Gummies Industry's Compound Annual Growth Rate will be 3.31% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Alcohol Gummies Market Sales Revenue 2022 | $ 10.99 Million |
Global Alcohol Gummies Market Sales Revenue 2030 | $ 15.96 Million |
Global Alcohol Gummies Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.31% |
Market Split by Type |
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Market Split by Nature |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Alcohol Gummies Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Alcohol gummies are gummy bears, which contain alcohol. The alcohol gummies are a variety of flavors and are made to be eaten as part of a drinking game or as a social activity. In addition, various types of alcohol such as vodka, whiskey, tequila, rum, and gin, are used to dip alcohol gummies.
Increasing demand for the consumption of alcohol gummies is the key factor expected to drive the growth of the global alcohol gummies market.
Increasing demand for handmade confections with alcohol creates growth opportunities for the global alcohol gummies market in the forecast period.
A lack of consumer awareness about the availability of alcoholic gummies in emerging countries such as Asia-Pacific, Latin America, and Africa is expected to hamper the growth of the alcohol gummies market.
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In September 2019, Smith & Sinclair, a manufacturer of alcoholic cocktail gummies, expanded its presence in Europe and the US. With this expansion, the company aims to expand its disruptive products in the alcohol and confectionary sector launched in Germany, Spain, France, Italy, and the Netherlands.
Top Companies Market Share in Alcohol Gummies Industry: (In no particular order of Rank)
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Europe has the largest revenue share in the alcohol gummies market. This is due to increasing customer taste for these products, available in a range of flavors, and the custom of eating them on special occasions in the region. This is the key factor expected to drive the growth of the alcohol gummies market in the region.
The current report Scope analyzes Alcohol Gummies Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Alcohol Gummies Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Alcohol Gummies Industry growth. Alcohol Gummies market has been segmented with the help of its Type, Nature Distribution Channel, and others. Alcohol Gummies market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the spirit gummies segment has the largest revenue share in the alcohol gummies market. This is due to the increasing consumption of spirits expected to drive the growth of this segment.
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Based on nature, the alcohol-flavored segment has the largest revenue share in the alcohol gummies market. This is attributed to alcohol-flavored gummies manufactured with various fruits and herbs. In addition, various types of alcohol-flavored gummies including bubbly bears, bourbon bears, Cuba libre, and dry gin fizz gummies projected to drive the growth of this segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Based on the distribution channel, the online segment has the largest revenue share in the alcohol gummies market. This is owing to the increasing number of offers or discounts and the prevalence of different internet portals in emerging countries for customers to buy alcoholic gummies online.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Alcohol Gummies Market is witnessing significant growth in the near future.
In 2023, the Spirit gummies segment accounted for noticeable share of global Alcohol Gummies Market and is projected to experience significant growth in the near future.
The Alcohol infused segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Arewa Treats, Kate & Belle and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
The Alcohol gummies market is expected to grow exponentially as more and more consumers seek out these unique, convenient, and tasty alternatives to traditional alcohol consumption. They are also great for those who want to enjoy alcohol without having to drink it, as they deliver an alcohol-like buzz without the need to consume the actual alcohol.
Disclaimer:
Type | Spirit gummies, Cocktail gummies |
Nature | Alcohol infused, Alcohol flavored |
Distribution Channel | Online, Offline |
List of Competitors | Arewa Treats, Maggie Lyon Chocolatiers, Kate & Belle, The Candy Store, Sugarfina USA LLC, SugarSin, Inebriated Baker, Lolli & Pops, Smith & Sinclair US, Squish Candies |
This chapter will help you gain GLOBAL Market Analysis of Alcohol Gummies. Further deep in this chapter, you will be able to review Global Alcohol Gummies Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Nature Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Alcohol Gummies market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Spirit gummies have a significant impact on Alcohol Gummies market? |
What are the key factors affecting the Spirit gummies and Cocktail gummies of Alcohol Gummies Market? |
What is the CAGR/Growth Rate of Alcohol infused during the forecast period? |
By type, which segment accounted for largest share of the global Alcohol Gummies Market? |
Which region is expected to dominate the global Alcohol Gummies Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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