Summary

Alcohol Gummies Market Size, Share, and Analysis, By Type (Sprit Gummies and Cocktail Gummies), By Nature (Alcohol Infused and Alcohol Flavored), By Preparation Method (Gummy Bear Tear and Soaking Method), By Distribution Channel (Convenience Stores, Online, Supermarkets & Hypermarkets, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW
Alcohol Gummies Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 13.8 million and is projected to reach USD 34.8 million by the completion of 2034.
Alcohol gummies are alcohol-infused sweets that combine the pleasure of candy with the buzz of consuming alcohol. They are made by blending gelatin, sugar, and flavored alcohol and shaping the mixture into interesting shapes like bears, worms, or fruit slices. Popular alcoholic bases, such as vodka and whiskey, are used to make these gummies, with flavors ranging from tropical to conventional, such as margaritas and mojitos. These treats offer a simple and appealing alternative to typical shots or cocktails, especially for those who prefer sweeter and more approachable beverages. However, the potency of these candies varies drastically, thus consumption should be done in moderation to avoid excessive alcohol consumption. Therefore, alcohol gummies put a funny twist on traditional drinks that appeal to both savory and sweet palates. They can be used as a novelty treat for parties or as a covert way to sip alcohol discreetly.

MARKET HIGHLIGHTS
Alcohol gummies market is projected to reach USD 34.8 million over the forecast period, due to various factors. The popularity of innovative and easy-to-consume alcoholic drinks is increasing as consumers are seeking different experiences, where alcohol-infused gummies provide a fun and unique alternative. These items are popular with a broad range of people, especially younger consumers who are attracted to their fun packaging and simple usage. In addition, the various flavors and types of alcohol allow for a great deal of creativity in creating new products that suit diverse preferences and tastes. Additionally, the growing popularity of social gatherings and events is contributing to the growth of the market, as alcohol gummies are used as simple party supplies or icebreakers. Furthermore, the rise of premiumization in the food and beverage industry has resulted in the emergence of high-quality handcrafted alcohol gummy labels that serve sophisticated consumers who are seeking amazing pleasures. Thus, the alcohol gummies market has the potential for continuous growth and innovation during the forecasted period.
Alcohol Gummies Market Segments:

• By Type
o Sprit Gummies
o Cocktail Gummies
• By Nature
o Alcohol Infused
o Alcohol Flavored
• By Preparation Method
o Gummy Bear Tear
o Soaking Method
• By Distribution Channel
o Convenience Stores
o Online
o Supermarkets & Hypermarkets
o Others


MARKET DYNAMICS
Growth Drivers
Increasing Demand for New Alcoholic Products is Driving Growth in the Alcohol Gummies Market
Product Innovation and Diversification Act as a Catalyst for Market Growth
Restraint
Regulatory Constraints in the Market Will Impact the Growth

Key Players
• Smith & Sinclair
• Sugarfina
• SugarSin
• Tipsy Scoop
• VineGelee
• Island Brittle
• Project 7
• Nectar Sweet
• Daneson
• Craft Cocktails
• Highland Speciality
• Sweet Saba
• Aloha Elixir
• Candy Mechanics
• Shotwell Candy Co.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)


Global Laboratory Temperature Control Units Market is further segmented by region into:
• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA


Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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Table of Contents

1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3.Alcohol Gummies Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Alcohol Gummies Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Alcohol Gummies Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview of world economy
4.3. Industry Ecosystem Channel Analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porter's Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. Alcohol Gummies Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.Alcohol Gummies Market Size & Forecast 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Type
11.3.1.1. Spirit Gummies
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Cocktail Gummies
11.3.1.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By Nature
11.3.2.1.Alcohol Infused
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Alcohol Flavored
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.3. By Preparation Method
11.3.3.1.Gummy Bear Tear
11.3.3.1.1.By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Soaking Method
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2.Market Share (%) 2024-2034F
11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.4. By Distribution Channel
11.3.4.1.Convenience Stores
11.3.4.1.1.By Value (USD Million) 2024-2034F
11.3.4.1.2. Market Share (%) 2024-2034F
11.3.4.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Online
11.3.4.2.1. By Value (USD Million) 2024-2034F
11.3.4.2.2.Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Supermarket & Hypermarkets
11.3.4.3.1. By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4. Others
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
12. North America Alcohol Gummies Market Size & Forecast 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Nature
12.3.3.By Preparation Method
12.3.4.By Distribution Channel
12.4. Country
12.4.1.United States
12.4.2. Canada
13. Europe Alcohol Gummies Market Size & Forecast 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Nature
13.3.3.By Preparation Method
13.3.4.By Distribution Channel
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia-Pacific Alcohol Gummies Market Size & Forecast 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Nature
14.3.3.By Preparation Method
14.3.4. By Distribution Channel
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Alcohol Gummies Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Nature
15.3.3.By Preparation Method
15.3.4.By Distribution Channel
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Alcohol Gummies Market Size & Forecast 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Nature
16.3.3.By Preparation Method
16.3.4.By Distribution Channel
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.Sugarfina
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Project 7
18.3.Tipsy Scoop
18.4.VineGelee
18.5.Smith & Sinclair
18.6.Island Brittle
18.7.Nectar Sweet
18.8.SugarSin
18.9.Daneson
18.10.Craft Cocktails
18.11. Highland Speciality
18.12.Sweet Saba
18.13.Aloha Elixir
18.14.Candy Mechanics
18.15.Shotwell Candy Co.
18.16.Other Prominent Players
19. Appendix
20.Consultant Recommendation