Cannabis Beverages Global Strategic Business Report 2024-2030: Alcoholic Beverage Companies Seek Role in the $3.8 Billion Market - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Cannabis Beverages - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Cannabis Beverages Market to Reach $3.8 Billion by 2030

The global market for Cannabis Beverages estimated at US$1.2 Billion in the year 2023, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 15.6% over the analysis period 2023-2030.

Cannabis-infused beverages are expected to significantly reduce alcohol consumption among younger demographics, a key market driver. Prevailing trends, such as the increasing acceptance and demand for cannabis products, positively influence market growth. Alcoholic beverage companies are also seeking to enter this market, indicating strong growth potential.

Non-Alcoholic Cannabis Beverages, one of the segments analyzed in the report, is projected to record 16.1% CAGR and reach US$2.5 Billion by the end of the analysis period. Growth in the Alcoholic Cannabis Beverages segment is estimated at 14.6% CAGR for the next 8-year period.

The cannabis beverage market is poised to take the US by storm, with low-dose cannabis beverages emerging as popular alcohol alternatives in Canada. The competitive scenario shows major players eyeing a share of the burgeoning cannabis market, driven by recent market activities and favorable trends.

The growth trend for cannabis beverages is set to continue, supported by the legalization and decriminalization of cannabis, particularly in North America, where legal changes drive demand. Clean label cannabis products, which emphasize natural and transparent ingredients, are also gaining traction.

A review of trends influencing the market highlights favorable demographics, including a growing number of young consumers and increased health consciousness, which strengthen market prospects. Overall, the cannabis beverage market is on a robust growth trajectory, with legal and social shifts supporting its expansion.

Key Attributes:

Report Attribute	Details
No. of Pages	167
Forecast Period	2023 - 2030
Estimated Market Value (USD) in 2023	$1.2 Billion
Forecasted Market Value (USD) by 2030	$3.8 Billion
Compound Annual Growth Rate	15.6%
Regions Covered	Global

MARKET OVERVIEW

• Cannabis Beverages - Global Key Competitors Percentage Market Share in 2024 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
• An Introduction to Cannabis Beverages
• Global Market Prospects & Outlook
• Key Trends Influencing the Market
• Analysis by Type
• World Cannabis Beverages Market by Type (2024 & 2030): Percentage Breakdown of Value Sales for Non-Alcoholic, and Alcoholic
• Analysis by Component
• World Cannabis Beverages Market by Component (2024 & 2030): 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 (2024 & 2030)
• Global Market for Cannabis Beverages - Geographic Regions Ranked by % CAGR (Sales) for 2023-2030: 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
• World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
• Urban Sprawl Encourages a Positive Tide
• World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
• Rising Health Awareness to Fuel Market Prospects
• Growing Adoption of Herbal Remedies Widens Prospects
• Hypertension Prevalence (%) Worldwide by Region in Male and Females Aged 25+ Years
• World Diabetes and Population Statistics (2019, 2030 & 2045)
• 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/989cu7

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