Industry Background:
Edible gold beverages are a premium quality beverage that includes a special form of edible gold authorized by various countries governments such as the EU and the United States, as a food additive. These gold can be added in the form of flakes, duct, or leaf, and can be of high purity. This gold has neither negative effects nor benefits from eating since it is biologically inert, and it is suitable for use in food since it does not oxidize or corrode in moist air, unlike many other metals.This growth is primarily driven by Rising Demand among Consumers for the Premium Beverage Drink and Rise in Disposable Income of the Population.
Globally, a noticeable market trend is evident The Glittery and Gold Food and Beverage Trend. Major Vendors, such as Hardenberg-Wilthen AG (Germany), Diageo (United Kingdom), Lucas Bols (Netherlands), Signature Drink Lab (United States), Future Wine & Spirits (United States), Goldwasser (Germany), Grover Zampa Vineyards Ltd. (India), Luxury Beverages International (France), IL Gusto (United Kingdom) and Liquorland (Australia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On February 10, 2020, Liquorland, an Australia-based company, had launched the limited-edition LOVER Gin with edible 23-carat gold and silver flakes. Gin is the fastest-growing spirit in Australia and is now the most popular spirit among female drinkers, overtaking vodka. and On November 03, 2017, Grover Zampa had launched India’s first bubbly with gold flakes. The new sparkling wine Auriga is named after the constellation and has gold flakes floating inside the bottle.
Regulatory Insights:
Edible gold is a particular type of gold authorized by the European Union and the United States as a food additive, under code E 175. It is used in haute cuisine in a gastronomical trend towards extravagant meals.
Market Drivers
- Rising Demand among Consumers for the Premium Beverage Drink
- Rise in Disposable Income of the Population
Market Trend
- The Glittery and Gold Food and Beverage Trend
Restraints
- High Cost of the Products Owing to Fluctuating Cost of the Metal
Opportunities
Increasing Demand from Premium Bars and Restaurants in Developed Countries
Challenges
Availability of Substitute Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Edible Gold Beverage Study Sheds Light on
— The Edible Gold Beverage Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Edible Gold Beverage industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Edible Gold Beverage industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.