Cannabis Beverages

Cannabis Beverages

Global Cannabis Beverages Market to Reach $3 Billion by 2030
The global market for Cannabis Beverages estimated at US$1 Billion in the year 2023, is expected to reach US$3 Billion by 2030, growing at a CAGR of 16.4% over the period 2023-2030. Non-Alcoholic Beverage, one of the segments analyzed in the report, is expected to record 16.9% CAGR and reach US$2 Billion by the end of the analysis period. Growth in the Alcoholic Beverage segment is estimated at 15.4% CAGR for the next 7-year period.

What to Expect from the Global Economy in 2024
Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 63 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.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Cannabis, a Multifaceted Plant with Doubled Edged Potential
EXHIBIT 1: Commercial Cannabis Products to Witness Spectacular Growth in the Coming Decade: Market Penetration (In %) of Cannabis Worldwide by Segment for the Years 2024, 2026, 2028 and 2030
Economic Frontiers: Trends, Trials & Transformations
EXHIBIT 2: In a World Torn by Geopolitical Instability & War, Steadfastness of Global GDP Becomes Increasingly Unpredictable Given the Many Direct and Indirect Economic Repercussions: World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
EXHIBIT 3: All Eyes on Global Inflation, the Main Risk Factor in Global Markets: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
EXHIBIT 4: With Oil Prices Influencing the Rate of inflation, it Remains the Most Watched Commodity in Global Markets: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
Competition
EXHIBIT 5: Cannabis Beverages - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for 62 Players Worldwide in 2024 (E)
What is Cannabis Beverage? & Why and How are they Rising in Popularity
Influencer/Product/Technology Insights
Recent Market Activity
Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Legalization and Regulatory Changes Provide the Launchpad for Growth in the Market
Growing Consumer Focus on Health and Wellness Drives Growth in the Market. Here's How
EXHIBIT 6: Cannabis Beverages are Attractively Posed to Create a Strong Niche in the Global Trillion Dollar Health & Wellness Industry: Global Health & Wellness Opportunity (In US$ Billion) for Years 2024, 2026, 2028 and 2030
Health Risks Associated With Alcohol Consumption Creates a Path Forward for Cannabis Based Alcohol
EXHIBIT 7: Cannabis is Posed to Take a Bite Out of the Massive Alcoholic Beverages Market: Global Market for Alcoholic Beverages (In US$ Billion) for Years 2024, 2026, 2028, 2030 and 2032
Cannabis Energy Drinks Hit the Market With a Bang. Here's What's all the Noise is About!
EXHIBIT 8: Packing a Punch Cannabis Energy Drinks Cuts its Way through the Energy Drinks Space: Global Market for Energy Drinks (In US$ Billion) for Years 2024, 2026, 2028, and 2032
Euphoric Beverages Become More than Just a Buzz!
Cannabis Enters the Bar & Restaurant Market, Creating a New Niche Called "Cannabis Lounges"
Beverages With Water-Soluble Cannabinoids Provide Enhanced Bioavailability Benefits
Microdosing Benefits of Cannabis-Laced Drinks Drive Their Popularity
Rise of Adaptogenic Social Tonics Bodes Well for Increased Consumption of Cannabis Beverages
Accurate Product Labeling Indicating Cannabis Dosing & Content Remain Vital for Product Safety & Sustained Long-Term Growth of the Market
Rising Prevalence of Insomnia Drives Demand for Cannabis Beverages as a Safer Alternative to Insomnia Drugs
EXHIBIT 9: A Growing Market for Insomnia Drugs Creates a Parallel Shadow Market for Alternate Safe Natural Solutions: Global Market for Insomnia Drugs (In US$ Billion) for Years 2024, 2026, 2028, 2030 and 2032
Manufacturers Rush to Gain Clean Label Cannabis Accreditation. Here's Why
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Cannabis Beverages Market Analysis of Annual Sales in US$ Thousand for Years 2019 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Cannabis Beverages by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 3: World Historic Review for Cannabis Beverages by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 4: World 11-Year Perspective for Cannabis Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World Markets for Years 2019, 2024 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Non-Alcoholic Beverage by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 6: World Historic Review for Non-Alcoholic Beverage by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 7: World 11-Year Perspective for Non-Alcoholic Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2019, 2024 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Alcoholic Beverage by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 9: World Historic Review for Alcoholic Beverage by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 10: World 11-Year Perspective for Alcoholic Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2019, 2024 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for Tetrahydrocannabinol (THC) by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 12: World Historic Review for Tetrahydrocannabinol (THC) by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 13: World 11-Year Perspective for Tetrahydrocannabinol (THC) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2019, 2024 & 2030
TABLE 14: World Recent Past, Current & Future Analysis for Cannabidiol (CBD) by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 15: World Historic Review for Cannabidiol (CBD) by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 16: World 11-Year Perspective for Cannabidiol (CBD) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2019, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Market Analytics
TABLE 17: USA Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 18: USA Historic Review for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 19: USA 11-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic Beverage and Alcoholic Beverage for the Years 2019, 2024 & 2030
TABLE 20: USA Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 21: USA Historic Review for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 22: USA 11-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2019, 2024 & 2030
CANADA
Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2024 (E)
Market Analytics
TABLE 23: Canada Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 24: Canada Historic Review for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 25: Canada 11-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic Beverage and Alcoholic Beverage for the Years 2019, 2024 & 2030
TABLE 26: Canada Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 27: Canada Historic Review for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 28: Canada 11-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2019, 2024 & 2030
EUROPE
Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Market Analytics
TABLE 29: Europe Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 30: Europe Historic Review for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 31: Europe 11-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic Beverage and Alcoholic Beverage for the Years 2019, 2024 & 2030
TABLE 32: Europe Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 33: Europe Historic Review for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 34: Europe 11-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2019, 2024 & 2030
ASIA-PACIFIC
TABLE 35: Asia-Pacific Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 36: Asia-Pacific Historic Review for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 37: Asia-Pacific 11-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic Beverage and Alcoholic Beverage for the Years 2019, 2024 & 2030
TABLE 38: Asia-Pacific Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 39: Asia-Pacific Historic Review for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 40: Asia-Pacific 11-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2019, 2024 & 2030
REST OF WORLD
TABLE 41: Rest of World Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 42: Rest of World Historic Review for Cannabis Beverages by Type - Non-Alcoholic Beverage and Alcoholic Beverage Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 43: Rest of World 11-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic Beverage and Alcoholic Beverage for the Years 2019, 2024 & 2030
TABLE 44: Rest of World Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 45: Rest of World Historic Review for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2019 through 2022 and % CAGR
TABLE 46: Rest of World 11-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2019, 2024 & 2030
IV. COMPETITION

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