Alcohol Gummies Market By Type (Spirit gummies, Cocktail gummies), By Nature (Alcohol infused, Alcohol flavored), By Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The global alcohol gummies market was valued at $10.9 million in 2021, and is projected to reach $16.3 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.Most frequently, vodka, whiskey, tequila, rum, and gin are used to dip alcohol gummies. The gummies come in a variety of flavors and are intended to be consumed as a party game or to get intoxicated. The alcohol gummies market is analyzed on the basis of type, nature, distribution channel, and region. By type, the market is divided into spirit gummies and cocktail gummies. Further, the spirit gummies segment is divided into whiskey, rum, vodka, and others. By nature, the market is divided into alcohol infused and alcohol flavored. By distribution channel, it is classified into online and offline. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Portugal, Georgia, and the rest of Europe), Asia-Pacific (India, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Europe dominates the global market for alcohol gummies due to increased demand for alcohol candies in many nations. The market for alcohol gummies is projected to expand in the region during the forecast period as a result of the rise in consumption of these products due to their tastes, availability in a variety of flavors, and culture of regular consumption. Asia-Pacific is predicted to experience considerable growth in the alcohol gummies market due to the increase in awareness. The market for alcohol gummies is also expected to develop in the region over the next few years due to a change in consumer preferences for consuming alcoholic beverages in confectionery.

The impact of the COVID-19 outbreak was negative on the growth of the global alcohol gummies market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. Conversely, the recovery of the alcohol gummies market is expected in near future.

Alcoholic gummies are becoming increasingly popular among consumers, which has forced manufacturers to use a wide range of strategies to develop the best possible products. For instance, Smith & Sinclair, a well-known disruptor in the food and beverage industry, obtained a multi-million-dollar investment in October 2018 to support its unique research and market expansion internationally. The London-based company that invented the original alcoholic cocktail gummies, allowing consumers to consume alcohol in new ways, has also got a $26 million investment from the American investment fund disruptive capital.

The key players operating in the alcohol gummies market have adopted product launch and business expansion as its key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global alcohol gummies market are Arewa Treats, Maggie Lyon Chocolatiers, Kate & Belle, The Candy Store, Sugarfina USA LLC, SugarSin, Inebriated Baker, Lolli & Pops, Smith & Sinclair US, and Squish Candies.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the alcohol gummies market analysis from 2021 to 2031 to identify the prevailing alcohol gummies market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the alcohol gummies market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global alcohol gummies market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Spirit gummies
Cocktail gummies
- Sub-type
- Whiskey
- Rum
- Vodka
- Others

By Nature

Alcohol infused
Alcohol flavored

By Distribution Channel

Online
Offline

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Portugal
- Georgia
- Rest of Europe
Asia-Pacific
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players

Arewa Treats
Maggie Lyon Chocolatiers
Kate & Belle
The Candy Store
Sugarfina USA LLC
SugarSin
Inebriated Baker
Lolli & Pops
Smith & Sinclair US
Squish Candies

Product Code: A31830

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate bargaining power of buyers
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate threat of new entrants
- 3.3.5. Low intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Surge in demand for alcohol gummies
  - 3.4.1.2. Premiumization of alcohol gummies
- 3.4.2. Restraints
  - 3.4.2.1. Low awareness regarding alcohol gummies
- 3.4.3. Opportunities
  - 3.4.3.1. Emerging nations are driving the demand for alcohol gummies
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Market Share Analysis

CHAPTER 4: ALCOHOL GUMMIES MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Spirit gummies
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Cocktail gummies
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.3.4. Cocktail gummies Alcohol Gummies Market by Sub-type
  - 4.3.4.1. Whiskey Market size and forecast, by region
  - 4.3.4.2. Rum Market size and forecast, by region
  - 4.3.4.3. Vodka Market size and forecast, by region
  - 4.3.4.4. Others Market size and forecast, by region

CHAPTER 5: ALCOHOL GUMMIES MARKET, BY NATURE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Alcohol infused
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Alcohol flavored
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: ALCOHOL GUMMIES MARKET, BY DISTRIBUTION CHANNEL

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Online
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Offline
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: ALCOHOL GUMMIES MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Type
  - 7.2.2.1. North America Cocktail gummies Alcohol Gummies Market by Sub-type
- 7.2.3. Market size and forecast, by Nature
- 7.2.4. Market size and forecast, by Distribution Channel
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Key market trends, growth factors and opportunities
  - 7.2.5.1.2. Market size and forecast, by Type
  - 7.2.5.1.3. Market size and forecast, by Nature
  - 7.2.5.1.4. Market size and forecast, by Distribution Channel
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Key market trends, growth factors and opportunities
  - 7.2.5.2.2. Market size and forecast, by Type
  - 7.2.5.2.3. Market size and forecast, by Nature
  - 7.2.5.2.4. Market size and forecast, by Distribution Channel
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Key market trends, growth factors and opportunities
  - 7.2.5.3.2. Market size and forecast, by Type
  - 7.2.5.3.3. Market size and forecast, by Nature
  - 7.2.5.3.4. Market size and forecast, by Distribution Channel
7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Type
  - 7.3.2.1. Europe Cocktail gummies Alcohol Gummies Market by Sub-type
- 7.3.3. Market size and forecast, by Nature
- 7.3.4. Market size and forecast, by Distribution Channel
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Key market trends, growth factors and opportunities
  - 7.3.5.1.2. Market size and forecast, by Type
  - 7.3.5.1.3. Market size and forecast, by Nature
  - 7.3.5.1.4. Market size and forecast, by Distribution Channel
  - 7.3.5.2. Portugal
  - 7.3.5.2.1. Key market trends, growth factors and opportunities
  - 7.3.5.2.2. Market size and forecast, by Type
  - 7.3.5.2.3. Market size and forecast, by Nature
  - 7.3.5.2.4. Market size and forecast, by Distribution Channel
  - 7.3.5.3. Georgia
  - 7.3.5.3.1. Key market trends, growth factors and opportunities
  - 7.3.5.3.2. Market size and forecast, by Type
  - 7.3.5.3.3. Market size and forecast, by Nature
  - 7.3.5.3.4. Market size and forecast, by Distribution Channel
  - 7.3.5.4. Rest of Europe
  - 7.3.5.4.1. Key market trends, growth factors and opportunities
  - 7.3.5.4.2. Market size and forecast, by Type
  - 7.3.5.4.3. Market size and forecast, by Nature
  - 7.3.5.4.4. Market size and forecast, by Distribution Channel
7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Type
  - 7.4.2.1. Asia-Pacific Cocktail gummies Alcohol Gummies Market by Sub-type
- 7.4.3. Market size and forecast, by Nature
- 7.4.4. Market size and forecast, by Distribution Channel
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. India
  - 7.4.5.1.1. Key market trends, growth factors and opportunities
  - 7.4.5.1.2. Market size and forecast, by Type
  - 7.4.5.1.3. Market size and forecast, by Nature
  - 7.4.5.1.4. Market size and forecast, by Distribution Channel
  - 7.4.5.2. Australia
  - 7.4.5.2.1. Key market trends, growth factors and opportunities
  - 7.4.5.2.2. Market size and forecast, by Type
  - 7.4.5.2.3. Market size and forecast, by Nature
  - 7.4.5.2.4. Market size and forecast, by Distribution Channel
  - 7.4.5.3. Rest of Asia-Pacific
  - 7.4.5.3.1. Key market trends, growth factors and opportunities
  - 7.4.5.3.2. Market size and forecast, by Type
  - 7.4.5.3.3. Market size and forecast, by Nature
  - 7.4.5.3.4. Market size and forecast, by Distribution Channel
7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Type
  - 7.5.2.1. LAMEA Cocktail gummies Alcohol Gummies Market by Sub-type
- 7.5.3. Market size and forecast, by Nature
- 7.5.4. Market size and forecast, by Distribution Channel
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Key market trends, growth factors and opportunities
  - 7.5.5.1.2. Market size and forecast, by Type
  - 7.5.5.1.3. Market size and forecast, by Nature
  - 7.5.5.1.4. Market size and forecast, by Distribution Channel
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Key market trends, growth factors and opportunities
  - 7.5.5.2.2. Market size and forecast, by Type
  - 7.5.5.2.3. Market size and forecast, by Nature
  - 7.5.5.2.4. Market size and forecast, by Distribution Channel
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Key market trends, growth factors and opportunities
  - 7.5.5.3.2. Market size and forecast, by Type
  - 7.5.5.3.3. Market size and forecast, by Nature
  - 7.5.5.3.4. Market size and forecast, by Distribution Channel

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES

9.1. Arewa Treats
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
9.2. Inebriated Baker
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
9.3. Kate & Belle
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
9.4. Lolli & Pops
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
9.5. Maggie Lyon Chocolatiers
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
9.6. The Candy Store
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
9.7. Smith & Sinclair US
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
9.8. Sugarfina USA LLC
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
9.9. SugarSin
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
9.10. Squish Candies
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio