Cannabis Beverages Market Share, Growth, Region Wise Analysis of Top Players and Forecasts 2025

The Cannabis Beverages Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global cannabis beverages market is estimated to reach USD 2.8 billion, by 2025, and is projected to grow at a CAGR of 17.8% from 2019 to 2025, according to a new report by Million Insights. The cannabis beverage market is heavily fragmented due to the presence of medium and small-scale companies. Many companies are present in Canada where cannabis is legal to use for medical applications. The increasing sale of cannabis-infused drinks is expected to boost the demand for the product.

Request a Sample Copy of Cannabis Beverages Market Report @ https://www.millioninsights.com/industry-reports/global-cannabis-beverages-market/request-sample

The growing popularity of health and wellness beverages is also projected to contribute to market growth. Moreover, alcohol manufacturers are also investing high in developing cannabis infused products. For example, Heineken has launched Hi-Fi Hops in the California beer label category with added infused Tetrahydrocannabinol (THC) and cannabidiol (CBD) which is available with zero carbohydrates and calories. Manufacturers are also focusing on partnerships and acquisitions to increase their sales. For instance, Constellation brands have partnered with Canopy Growth.

The consumer shift from carbonated soft drinks to health drinks are expected to proliferate the demand for cannabis beverages. Factors like Low carbs, and sugar content in cannabis beverages is gaining high traction among consumers. People are preferring cannabis drinks with cannabis-infused cookies, chocolates over cannabis smoking. The growing number of restaurants, lounges, and cafes are anticipated to propel the demand for the product.

Millennial populations are the prime consumers of cannabis beverages. According to study of University of Georgia and Connecticut, in 2017, ever since the cannabis beverages are legalized, beer and wine purchase orders are declined by around 15.0%.in the period of last 10 years.

Further key findings from the report suggest:

• Depending on type, in 2018, nonalcoholic segment attributed to the highest market share in the overall market and is projected to grow at a highest CAGR from 2019 to 2025.

• Based on the component, CBD beverages ae anticipated to exceed at a fastest rate during the forecasted period.

• In Europe, the Netherlands is estimated to hold highest market share due to high consumption of cannabis and growing number cafes, restaurants across the country.

• Major players in the cannabis beverages market are The Alkaline Water Company, New Age Beverages Corporation, Koios Beverage Corporation, Phivida Holdings Inc., Dixie Brands Inc., VCC Brand, and Hexo Corp.

Access Cannabis Beverages Market Report with TOC @ https://www.millioninsights.com/industry-reports/global-cannabis-beverages-market

Cannabis Beverages Type Outlook (Revenue, USD Million, 2015 - 2025)

    • Alcoholic

    • Non-Alcoholic

Cannabis Beverages Component Outlook (Revenue, USD Million, 2015 - 2025)

    • Cannabidiol (CBD)

    • Tetrahydrocannabinol (THC)

Comments

Post a Comment

Popular posts from this blog

Spinal Implants & Devices Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Spinal Implants & Devices Industry Overview The global  Spinal Implants & Devices Market  size is expected to reach USD 19.0 billion by 2030 and is expected to expand at a CAGR of 5.2% in the forecast period, from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing number of vehicular accidents is leading to increasing new cases of spinal cord injuries (SCIs). Other causes of SCIs include falls, violence, acts of violence, sports and recreation injuries, and diseases. Vehicular or road accidents and falls account for the majority of SCI cases. Fall-induced SCI is common among people aged 65 years and above. Acts of violence such as gunshot wounds or knife wounds account for around 12% of SCI cases. Sports activities such as diving in shallow water and impact sports lead to nearly 10% of SCIs. Cancer, osteoporosis, arthritis, and inflammation of the spinal cord also cause SCI. Based on National Spinal Cord Injury Statistical Center data, around 296
Read more

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust and were larg
Read more

Coffee Roasters Market Insights, Growth Factors and Forecast Analysis till 2025

Image
01 st November 2018 - Global Coffee Roasters Market is segmented on the basis of energy source, flavor, product type, mode of operation, application and region. Coffee is one of the world’s most popular beverages. Coffee roaster is a machine for coffee roasting. Roasting coffee does transform the physical and chemical properties of green coffee beans into various roasted coffee products. The process of roasting gives typical flavor of coffee by causing green coffee beans to expand and change in taste, color, density, and smell. Raw beans do contain similar protein, acids, and caffeine as those that have been roasted, but lag behind as far as taste is concerned. Request a Sample Copy of Coffee Roasters Market Report @ https://www.millioninsights.com/industry-reports/coffee-roasters-market/request-sample Majority of coffee is roasted commercially on a large scale, but some coffee drinkers roast coffee at home for exercising more control over the flavor and freshness profil
Read more