STOCK TITAN

Safety Shot to Release On-the-Go Powder Stick Packs of the World’s First Alcohol Reducing Product

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Safety Shot, Inc. (Nasdaq: SHOT) is set to launch a powdered version of its alcohol-reducing nutraceutical in early Q4. The product, available in convenient stick pack format, maintains 100% efficacy of the original formula. This expansion addresses the growing global stick packaging market, projected to reach $517.61 million by 2031.

The powder stick packs will be offered in packs of 6, with some locations providing single stick options. This new format aims to increase brand visibility, expand retail presence, and broaden the customer base. Safety Shot's innovative product is designed to reduce blood alcohol content in as little as 30 minutes, offering a portable solution for consumers on the go.

Safety Shot, Inc. (Nasdaq: SHOT) è pronta a lanciare una versione in polvere del suo nutraceutico per la riduzione dell'alcol all'inizio del Q4. Il prodotto, disponibile in pratiche confezioni a stick, mantiene il 100% di efficacia della formula originale. Questa espansione risponde alla crescente domanda nel mercato globale delle confezioni a stick, previsto raggiungere 517,61 milioni di dollari entro il 2031.

Le confezioni di polvere saranno offerte in pacchetti da 6, con alcune sedi che forniranno opzioni per singolo stick. Questo nuovo formato mira a incrementare la visibilità del marchio, espandere la presenza al dettaglio e ampliare la base clienti. Il prodotto innovativo di Safety Shot è progettato per ridurre il contenuto di alcol nel sangue in soli 30 minuti, offrendo una soluzione portatile per i consumatori in movimento.

Safety Shot, Inc. (Nasdaq: SHOT) está lista para lanzar una versión en polvo de su nutracéutico para reducir el alcohol a principios del Q4. El producto, disponible en práctico formato de paquetes individuales, mantiene el 100% de eficacia de la fórmula original. Esta expansión responde al creciente mercado global de empaques en stick, que se proyecta alcanzará 517.61 millones de dólares para 2031.

Los paquetes de polvo se ofrecerán en paquetes de 6, con algunas ubicaciones proporcionando opciones de stick individual. Este nuevo formato tiene como objetivo Aumentar la visibilidad de la marca, expandir la presencia en el comercio minorista y ampliar la base de clientes. El producto innovador de Safety Shot está diseñado para reducir el contenido de alcohol en sangre en tan solo 30 minutos, ofreciendo una solución portátil para los consumidores en movimiento.

세이프티샷(Safety Shot, Inc.) (Nasdaq: SHOT)이 알코올 감소 건강식품의 분말 버전4분기 초에 출시할 예정입니다. 이 제품은 편리한 스틱 팩 형태로 제공되며, 원래 포뮬러의 100% 효능을 유지합니다. 이번 확장은 2031년까지 5억 1,761만 달러에 이를 것으로 예상되는 글로벌 스틱 포장 시장의 성장에 대응합니다.

파우더 스틱 팩은 6개 들이 팩으로 제공되며, 일부 매장에서는 단일 스틱 옵션도 제공됩니다. 이 새로운 형식은 브랜드 가시성 증가, 소매에서의 존재 확대, 고객층 확대를 목표로 합니다. 세이프티샷의 혁신적인 제품은 30분 이내에 혈중 알코올 농도를 낮추도록 설계되어, 이동 중인 소비자에게 포터블 솔루션을 제공합니다.

Safety Shot, Inc. (Nasdaq: SHOT) s'apprête à lancer une version en poudre de son nutraceutique destiné à réduire l'alcool au début du T4. Le produit, disponible au format pratique de sachets stick, maintient 100% d'efficacité de la formule originale. Cette expansion répond à la demande croissante du marché mondial des emballages en stick, qui devrait atteindre 517,61 millions de dollars d'ici 2031.

Les sachets de poudre seront proposés en packs de 6, avec certaines localisations offrant des options de sachets individuels. Ce nouveau format vise à augmenter la visibilité de la marque, élargir la présence en magasin et diversifier la clientèle. Le produit innovant de Safety Shot est conçu pour réduire le taux d'alcool dans le sang en seulement 30 minutes, offrant une solution portable pour les consommateurs en déplacement.

Safety Shot, Inc. (Nasdaq: SHOT) bereitet die Einführung einer pulverisierten Version seines alkoholsenkenden Nutraceuticals für Anfang Q4 vor. Das Produkt, das im praktischen Stickpack-Format erhältlich sein wird, erhält die 100%ige Wirksamkeit der Originalformel. Diese Erweiterung adressiert den wachsenden globalen Markt für Stickverpackungen, dessen Wert bis 2031 auf 517,61 Millionen Dollar geschätzt wird.

Die Pulver-Stickpacks werden in Packungen à 6 angeboten, wobei einige Standorte auch Einzelstick-Optionen bereitstellen. Dieses neue Format soll die Markensichtbarkeit erhöhen, die Einzelhandelspräsenz ausbauen und die Kundenbasis verbreitern. Das innovative Produkt von Safety Shot wurde entwickelt, um den Blutalkoholgehalt in nur 30 Minuten zu senken, damit es eine portable Lösung für Verbraucher unterwegs bietet.

Positive
  • Successful development of a powdered version of the alcohol-reducing product
  • Expansion into the growing stick packaging market, estimated to reach $517.61 million by 2031
  • Increased product versatility and convenience with on-the-go powder stick packs
  • Potential for broader market reach and expanded retail presence
  • Maintenance of 100% efficacy in the new powder format
Negative
  • None.

The launch of Safety Shot's powder stick packs represents a strategic move into a growing market. With the global stick packaging market projected to reach $517.61 million by 2031, Safety Shot is positioning itself to capture a share of this expanding sector. The convenience factor of stick packs aligns with consumer preferences for on-the-go solutions, potentially broadening the company's customer base.

However, it's important to note that Safety Shot is entering a competitive space. The 44.5% projected market growth from 2024 to 2031 suggests opportunities, but also implies increasing competition. The success of this product extension will likely depend on Safety Shot's ability to differentiate itself and effectively market its unique alcohol-reducing properties.

Safety Shot's claim of being the "world's first product to reduce blood alcohol content" is intriguing but requires careful scrutiny. The company states that their formula is "clinically backed," which is promising. However, the efficacy and safety of such a product in real-world settings need thorough evaluation.

The potential to lower blood alcohol content in 30 minutes could have significant implications for public health and safety. Yet, it's important to consider potential misuse or overreliance on such products. Regulatory bodies like the FDA will likely scrutinize these claims closely. The success of Safety Shot in the long term will depend on robust scientific evidence and potential endorsements from health authorities.

Safety Shot's expansion into powder stick packs could potentially diversify revenue streams and increase market penetration. The new format allows for broader distribution channels, including more in-store locations and retailers, which could drive sales growth. However, the financial impact remains speculative without concrete sales projections or pricing information.

Investors should note that R&D costs for developing the powder format might impact short-term profitability. The company's ability to scale production and manage inventory for this new product line will be crucial. Additionally, marketing expenses to educate consumers about this novel product category could be substantial. While the market potential is promising, the path to profitability for this specific product line needs careful monitoring.

With an Expected Launch in Early Q4, Safety Shot Powder Stick Packets Will Address an Anticipated $517M Market Size

JUPITER, Fla., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (the “Company”) is pleased to announce that the world’s first product to reduce blood alcohol content will soon be available in an on-the-go powder format.

Vigorous efforts have been made by the R&D team at Safety Shot to successfully create a powdered version of the Company’s alcohol-reducing nutraceutical. Expected to launch in early Q4, the powder will feature the Company’s clinically backed formula in a convenient stick pack format for on-the-go convenience.

“Our goal was always to offer Safety Shot in a powder form. It was a battle to create a powdered version as several specific ingredients are tricky to work with for many reasons. We are beyond excited to have successfully found a solution that maintains 100% of the efficacy of the world’s first alcohol-reducing product. Offering a convenient stick pack is a huge step forward in our R&D processes as we continue to explore extensions for our brand,” said COO David Sandler.

Stick pack pouches represent flexible packaging that is distinguished by compact dimensions and slender configuration. There is a growing market with increasing consumer preference for the convenience and versatility of stick packaging solutions. According to a study published by Towards Packaging a sister firm of Precedence Research, the global stick packaging market size accounted for $358.20 million in 2024 and is estimated to be worth approximately $517.61 million by 2031. 1

Safety Shot stick packs offer a third solution to the Company’s growing portfolio and create greater visibility for the entire brand. A stick-pack version will allow for more locations, both in stores and across all retailers, in addition to creating greater convenience for customers. The stick packs will be available in a pack of 6 and selection locations will also offer a single stick option.

“Powder stick packs work well for anyone on the move. No matter where you are, you will be able to have Safety Shot with you and can lower your blood alcohol content in as little as 30 minutes. We look forward to offering this new and easy-to-administer solution for consumers. A powder format will significantly help to broaden our customer base and to mitigate the negative consequences of drinking,” stated CEO Jarrett Boon.

For more information, visit www.drinksafetyshot.com and Amazon.

About Safety Shot, Inc.

Safety Shot, Inc., a wellness and dietary supplement company, has developed Safety Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Safety Shot is available for purchase online at DrinkSafetyShot.com and Amazon. The Company is introducing business-to-business sales of Safety Shot to distributors, retailers, restaurants, and bars throughout 2024.

Media and Investor Contact:

Autumn Communications

Jessica Weinberger

Phone: 916-677-7495

Email: shot@autumncommunications.com

Medon Michaelides

Investor Relations

Phone: 561-244-7100

Email: investors@drinksafetyshot.com


1 https://www.globenewswire.com/news-release/2024/03/08/2843244/0/en/Stick-Packaging-Market-Size-Anticipated-to-Hit-USD-547-63-Mn-by-2032.html


FAQ

When will Safety Shot (SHOT) release its powdered alcohol-reducing product?

Safety Shot (SHOT) is expected to launch its powdered alcohol-reducing product in early Q4 of 2024.

What is the projected market size for stick packaging that Safety Shot (SHOT) is targeting?

The global stick packaging market that Safety Shot (SHOT) is targeting is projected to reach approximately $517.61 million by 2031.

How will Safety Shot (SHOT) offer its new powdered alcohol-reducing product?

Safety Shot (SHOT) will offer its new powdered alcohol-reducing product in convenient stick pack formats, available in packs of 6 and single stick options at select locations.

How quickly can Safety Shot (SHOT) reduce blood alcohol content?

According to the company, Safety Shot (SHOT) can lower blood alcohol content in as little as 30 minutes.

Safety Shot, Inc.

NASDAQ:SHOT

SHOT Rankings

SHOT Latest News

SHOT Stock Data

81.42M
52.02M
21.74%
9.92%
9.22%
Beverages - Non-Alcoholic
Perfumes, Cosmetics & Other Toilet Preparations
Link
United States of America
JUPITER