Liquor Confectionery Market Size, Share & Trends Analysis Report By Product (Chocolates, Candies & Gums), By Distribution Channel (Supermarkets/Hypermarkets, Online), And Segment Forecasts, 2019 - 2025
Description
Liquor Confectionery Market Size, Share & Trends Analysis Report By Product (Chocolates, Candies & Gums), By Distribution Channel (Supermarkets/Hypermarkets, Online), And Segment Forecasts, 2019 - 2025
Liquor Confectionery Market Growth & Trends
The global liquor confectionery market size is expected to reach USD 784.4 million by 2025, expanding at a CAGR of 5.1% from
2019 to 2025, according to a new report by Grand View Research Inc. High demand for liquor confectionery among people due to
increasing awareness about innovative liquor filled confectionery with traditional techniques is expected to drive the market
from 2019 to 2025. Europe majorly follows these traditional techniques to enjoy the taste of confectioneries as well as forms
of alcohol beverage content.
Chocolates generated a revenue of USD 382.4 million in 2018. Many people still follow the tradition of handmade
confectioneries of liquors. Whereas, consumption of liquor confectionery in candies and gums such as jelly belly champagne
jelly beans, prosecco gummy bears, wine gums, and salt water taffy rum gums is expected to expand at a CAGR of 4.6% over the
forecast period. This growth is attributed to high demand for the infusion of alcohol flavor in it and increasing consumption
among people who prefer candies and gums over chocolates. This is expected to remain a key driver for the segment growth over
the forecast period. For instance, Kahlua Chocolates manufactures candy beans and gums with different flavors and colors and
a feature to freeze these in order to make them last longer.
Supermarkets/hypermarkets held the largest share and generated a revenue of USD 282.6 million in 2018. Ample opportunities to
select, presence of guidance, and discounts are the main reasons that have been driving companies to offer their products
through this channel. The online mode of distribution channel is anticipated to expand at a CAGR of 5.7% over the forecast
period. The Verment country store, Amazon, Alibaba, Indiamart, Candywarehouse, and Wishacupcake are gaining popularity due to
availability of choices for the convenience of customers.
Demand for liquor confectioneries has increased due to innovations. Major market players have been significantly contributing
into research and development to make these products available according to the taste and preference of the consumers. For
instance, Neuhaus manufactures liquor chocolates with five types of liquors included in it such as Glenfiddich whisky,
Cointreau, Smirnoff vodka, Pampero rum, and Remy martin cognac.
Europe was the largest regional market in 2018 with a revenue of USD 272.8 million. The region is expected to maintain its
lead over the forecast period. Key players in the global market include Abtey Chocolate Factory, Neuhaus, Mars, Brookside, Hershey’s, Ferrero, Mondelez, Toms Gruppen, Liqueur Fills, and Booz Drops.
Liquor Confectionery Market Report Highlights
Liquor Confectionery Market Growth & Trends
The global liquor confectionery market size is expected to reach USD 784.4 million by 2025, expanding at a CAGR of 5.1% from
2019 to 2025, according to a new report by Grand View Research Inc. High demand for liquor confectionery among people due to
increasing awareness about innovative liquor filled confectionery with traditional techniques is expected to drive the market
from 2019 to 2025. Europe majorly follows these traditional techniques to enjoy the taste of confectioneries as well as forms
of alcohol beverage content.
Chocolates generated a revenue of USD 382.4 million in 2018. Many people still follow the tradition of handmade
confectioneries of liquors. Whereas, consumption of liquor confectionery in candies and gums such as jelly belly champagne
jelly beans, prosecco gummy bears, wine gums, and salt water taffy rum gums is expected to expand at a CAGR of 4.6% over the
forecast period. This growth is attributed to high demand for the infusion of alcohol flavor in it and increasing consumption
among people who prefer candies and gums over chocolates. This is expected to remain a key driver for the segment growth over
the forecast period. For instance, Kahlua Chocolates manufactures candy beans and gums with different flavors and colors and
a feature to freeze these in order to make them last longer.
Supermarkets/hypermarkets held the largest share and generated a revenue of USD 282.6 million in 2018. Ample opportunities to
select, presence of guidance, and discounts are the main reasons that have been driving companies to offer their products
through this channel. The online mode of distribution channel is anticipated to expand at a CAGR of 5.7% over the forecast
period. The Verment country store, Amazon, Alibaba, Indiamart, Candywarehouse, and Wishacupcake are gaining popularity due to
availability of choices for the convenience of customers.
Demand for liquor confectioneries has increased due to innovations. Major market players have been significantly contributing
into research and development to make these products available according to the taste and preference of the consumers. For
instance, Neuhaus manufactures liquor chocolates with five types of liquors included in it such as Glenfiddich whisky,
Cointreau, Smirnoff vodka, Pampero rum, and Remy martin cognac.
Europe was the largest regional market in 2018 with a revenue of USD 272.8 million. The region is expected to maintain its
lead over the forecast period. Key players in the global market include Abtey Chocolate Factory, Neuhaus, Mars, Brookside, Hershey’s, Ferrero, Mondelez, Toms Gruppen, Liqueur Fills, and Booz Drops.
Liquor Confectionery Market Report Highlights
- By product, candies and gums are expected to register a CAGR of 4.6% from 2019 to 2025
- By distribution channel, supermarkets/hypermarkets dominated the global market with a share of 52.9% in 2018
- Europe dominated the market in 2018 with a revenue of USD 272.8 million in 2018. This trend is projected to continue
- Asia Pacific is likely to witness significant demand due to increase in awareness and adaptability to innovative
- The liquor confectionery market is highly competitive in nature with the main players including Ferrero,Toms Gruppen,
- Various manufacturers are concentrating on new product launches, capacity expansion, to estimate existing and future
Table of Contents
110 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
- Chapter 3. Liquor Confectionery Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Sales/Retail Channel Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter’s
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.6. Roadmap of Liquor Confectionery Market
- 3.7. Market Entry Strategies
- Chapter 4. Consumer Behaviour Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Product Adoption
- 4.4. Observations & Recommendations
- Chapter 5. Liquor Confectionery Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2018 & 2025
- 5.2. Chocolates
- 5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 5.3. Candies and Gums
- 5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- Chapter 6. Liquor Confectionery Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
- 6.2. Supermarkets/Hypermarkets
- 6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 6.3. Specialty Stores
- 6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 6.4. Online
- 6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- Chapter 7. Liquor Confectionery Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2018 & 2025
- 7.2. North America
- 7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.2.4. The U.S.
- 7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million))
- 7.3.4. The U.K.
- 7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.3.5. Germany
- 7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.3.6. Switzerland
- 7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.3.7. Belgium
- 7.3.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.3.7.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.3.7.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
- 7.6. Middle East & Africa (MEA)
- 7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
- 7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
- 7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
- Chapter 8. Competitive Analysis
- 8.1. Key global players, recent developments & their impact on the industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 8.3. Vendor Landscape
- 8.3.1. Key company market share analysis, 2018
- Chapter 9. Company Profiles
- 9.1. Abtey Chocolate Factory
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Neuhaus
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Mars
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Brookside
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Hershey’s
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. Ferrero
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Mondelez.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Toms Gruppen
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Liqueur Fills
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Booz drops
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
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