Global Cannabis Beverages Strategic Analysis Report 2022-2023 & 2030: Innovation and Safety Measures Drive Growth in Cannabis Beverage Production

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Sep 13, 2023, 20:15 ET

DUBLIN, Sept. 13, 2023 /PRNewswire/ -- The "Cannabis Beverages: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Cannabis Beverages Market to Reach $3.9 Billion by 2030

The global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to reach a revised size of US$3.9 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2022-2030.

The global market for cannabis beverages is experiencing significant growth, with sales expected to increase steadily from 2022 through 2030. The market encompasses a range of products, including non-alcoholic and alcoholic cannabis beverages, as well as those containing Tetrahydrocannabinol (THC) and Cannabidiol (CBD).

As the market evolves, it presents opportunities and challenges, making it essential to monitor and adapt to changing trends and consumer preferences. This comprehensive assessment provides valuable insights into the cannabis beverages market's past, present, and future dynamics, aiding in strategic decision-making for businesses operating in this evolving industry.

Non-Alcoholic, one of the segments analyzed in the report, is projected to record a 18.2% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Alcoholic segment is readjusted to a revised 16.6% CAGR for the next 8-year period.

The Cannabis Beverages market in the U.S. is estimated at US$752 Million in the year 2022. Asia-Pacific is forecast to reach a projected market size of US$258.5 Million by the year 2030 trailing a CAGR of 14.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Europe and Canada, each forecast to grow at 16.9% and 17.5% respectively over the 2022-2030 period.

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates

MARKET OVERVIEW

Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Pandemic Leads to Increased Focus on Health and Wellness Products
Pandemic Drives Consumer Shift towards Organic Foods
Cannabis Beverages - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
An Introduction to Cannabis Beverages
Global Market Prospects & Outlook
Key Trends Influencing the Market
Analysis by Type
World Cannabis Beverages Market by Type (2021 & 2027): Percentage Breakdown of Value Sales for Non-Alcoholic, and Alcoholic
Analysis by Component
World Cannabis Beverages Market by Component (2021 & 2027): Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC), and Cannabidiol (CBD)
Regional Analysis
Global Market for Cannabis Beverages: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
Global Market for Cannabis Beverages - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027: USA, Canada, Europe, Asia-Pacific, and Rest of World
Cannabis Beverages to Take the US Market by Storm
Low-dose Cannabis Emerge as Alcohol Alternatives in Canada
Competitive Scenario: Major Players Eying a Pie of the Cannabis Market
Recent Market Activity

MARKET TRENDS & DRIVERS

Cannabis-Infused Beverages to Reduce Alcohol Consumption among the Young
Prevailing Trends Positively Influence the Market
Alcoholic Beverage Companies Seek Role in the Market
Growth Trend to Continue
Legalisation & Decriminalization Augur Well
Legalisation Drives Demand in North America
A Note On Clean Label Cannabis
A Review of Trends Influencing the Market
Favorable Demographics Strengthen Market Prospects
Urban Sprawl Encourages a Positive Tide
Rising Health Awareness to Fuel Market Prospects
Growing Adoption of Herbal Remedies Widens Prospects
Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
Production Challenges Abound for Cannabis Beverage Producers
Production Process of Cannabis Beverages - The Many Challenges
Long-Term Studies on Stability of Products Essential
Production Innovation Accelerates Market Growth
Safety Challenges with Hemp-infused Products

FOCUS ON SELECT PLAYERS (Total 79 Featured)

GW Pharmaceuticals PLC
Aphria Inc.
Aurora Cannabis, Inc.
Canopy Growth Corporation
Organigram Holding, Inc.
Coalition Brewing
Cronos Group
Tilray
Hexo Corporation
CannTrust
CBD Ultra Limited
Elegance Brands, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/5dl8iq

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