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Global Cannabis Beverage Market Trends, Analysis, Forecast: By Type: Alcoholic, Non-Alcoholic; By Component: Cannabidiol (CBD), Tetrahydrocannabinol (THC); By Distribution Channel: Hypermarkets and Supermarkets, Convenience Store, Mass Merchandisers, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Cannabis Beverage Market Trends
Consumers are willing to consume concentrated and cannabis-infused products, which successively, is anticipated to support the growth of the cannabis beverage market. Cannabis beverages are predicted to exchange other marijuana-infused consumables, like chocolates, cookies, and brownies, and confectionaries like gummies and candies which are considered to be not healthy. This factor is predicted to spice up the demand for cannabis drinks over the forecasted period. Consumers are shifting their choices from soft drinks to wellness drinks resulting in the increasing sale of cannabis beverages off-trade sales channels like hotels, cafes, restaurants, clubs, and lounges are expected to boost the recognition of the product among consumers.
Cannabis Beverage Market Report Snapshots
Cannabis Beverage Market Growth
Cannabis Beverage Market Trends
Cannabis Beverage Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cannabis Beverages Market Analysis
8.1 Key Industry Highlights
8.2 Global Cannabis Beverages Historical Market (2018-2023)
8.3 Global Cannabis Beverages Market Forecast (2024-2032)
8.4 Global Cannabis Beverages Market by Type
8.4.1 Alcoholic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Alcoholic
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Cannabis Beverages Market by Component
8.5.1 Cannabidiol (CBD)
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Tetrahydrocannabinol (THC)
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Cannabis Beverages Market by Distribution Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Store
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Mass Merchandisers
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Specialty Stores
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Online
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Cannabis Beverages Market by End Use
8.7.1 Household
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 HoReCa
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Cannabis Beverages Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe, Middle East, and Africa
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
9 North America Cannabis Beverage Market Analysis
9.1 United States
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Uruguay
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Mexico
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Europe, Middle East, and Africa Cannabis Beverage Market Analysis
10.1 South Africa
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Malta
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Germany
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Asia Pacific Cannabis Beverage Market Analysis
11.1 Thailand
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Anheuser Busch Inbev NV
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Canopy Growth Corporation
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Dixie Elixirs LLC
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Phivida Holdings Inc
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Tilray, Inc
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Cannabis Beverages Market: Key Industry Highlights, 2018 and 2032
2. Global Cannabis Beverages Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Cannabis Beverages Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Cannabis Beverages Historical Market: Breakup by Component (USD Million), 2018-2023
5. Global Cannabis Beverages Market Forecast: Breakup by Component (USD Million), 2024-2032
6. Global Cannabis Beverages Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Cannabis Beverages Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Cannabis Beverages Historical Market: Breakup by End Use (USD Million), 2018-2023
9. Global Cannabis Beverages Market Forecast: Breakup by End Use (USD Million), 2024-2032
10. Global Cannabis Beverages Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Cannabis Beverages Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Cannabis Beverages Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Cannabis Beverages Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Cannabis Beverages Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Cannabis Beverages Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Cannabis Beverages Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Cannabis Beverages Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Cannabis Beverages Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Cannabis Beverages Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Cannabis Beverages Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Cannabis Beverages Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Cannabis Beverages Market Structure
Key Questions Answered in the Report
In 2023, the global cannabis beverage market attained a value of nearly USD 255.00 million.
The global cannabis beverage market is assessed to grow at a CAGR of 30.3% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 2,763.84 million by 2032.
The major drivers of the market include growing population, the rising demand for wellness drinks, and the increasing use of cannabis for the treatment of varied diseases like neurological disorders, cancer, and pain control.
Growing legalisation of marijuana and the rising number of consumers shifting interest from smoking cannabis to other modes of consumption including beverages are the key trends of the market.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Based on type, market segmentations include alcoholic and non-alcoholic.
The components of cannabis beverage include cannabidiol (CBD) and tetrahydrocannabinol (THC).
The distribution channels in the market are hypermarkets and supermarkets, convenience stores, mass merchandisers, speciality stores, and online, among others.
The diverse end uses of cannabis beverages are household and HoReCa.
The competitive landscape consists of Anheuser Busch Inbev NV, Canopy Growth Corporation, Dixie Elixirs LLC, Phivida Holdings Inc., and Tilray, Inc., among others.
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