launchora_img

Illustration by @luciesalgado

Cannabis Beverage Market Analysis By Industry Size, Trends & Growth Forecast 2030

Info

Research Nester published a report titled “Cannabis Beverage Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers a detailed overview of the cannabis beverage market in terms of market segmentation by type, by constituent, by distribution channel, by application, by end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis, and Porter’s five force model.

Cannabis is a well-known consuming plant owing to its utilization in psychoactive drugs and for therapeutic purposes. For a long time, the use of cannabis was mostly restricted to medical purposes. However, the use of marijuana for making consumable drinks has gained traction in the past couple of years. Currently, the use of cannabis has been extended to consumable drinks called cannabis beverages and the cannabis-infused beverage industry is expanding at a remarkable pace.

Download Sample of This Strategic Report @https://www.researchnester.com/sample-request-2682

The cannabis beverage market is projected to witness a CAGR of more than 15% over the period 2020-2028. The market is segmented by type, constituent, distribution channel, application, end-user, and region. Among the product type segmentation, the non-alcoholic beverages segment holds the top market share owing to the growing demand for smoke-free cannabis, growing awareness about the medical impact of marijuana on explicit health conditions, and legalization of marijuana usage for medical and recreational purposes in many countries, which, in turn, drives the production as well as demand for cannabis-infused beverage globally.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

Regionally, the cannabis beverage market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

North America stood at top position in the global cannabis beverage market and is projected to dominate over the forecast period owing to rising expenditure on cannabis beverages, the dominance of various legislation norms, and the existence of many private players in the region.

Request a Sample Copy of Concerned Market Report @https://www.researchnester.com/sample-request-2682

The European region is predicted to hold the second position in the global cannabis beverages market on account of the rising investment for cannabis beverages, growing awareness among people, and the rise in cannabis consumption in the region. Further, the companies working in the region are launching products to sustain the growing trend of wellness drinks among consumers.

Robust demand for wellness drinks among end-users

On account of the legalization of cannabis for medical and recreational purposes, consumers are shifting from soft drinks to wellness drinks. Low sugar content in these drinks, consumers’ preferences for these beverages as an alternative to cannabis smoking, and consumption of marijuana-infused chocolates, cookies, brownies, and confectionaries have attributed towards overall market growth in the forecast period. Further, off-trade sales channels are projected to boost the demand for cannabis-infused beverages among customers.

Additionally, various health benefits such as improved sleep patterns, restricted weight gain, relief from depression and anxiety, controlled blood pressure, and usage of cannabis for treating neurological disorders, epilepsy, cancer, and pain control are estimated to contribute towards the demand for cannabis drinks.

However, few health concerns accompanying the consumption of marijuana such as extreme anxiety, fear, distrust, panic, risk of depression, and blocks of memory formation might hamper the growth of the market.

Curious about this latest version of report? Obtain Report Details @https://www.researchnester.com/reports/cannabis-beverage-market/2682

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact Us

AJ Daniel

Email: info@researchnester.com

U.S. Phone: [+1 646 586 9123]

U.K. Phone: [+44 203 608 591]


Be the first to recommend this story!
launchora_img
More stories by Jacob
Caprolactone Market to Witness Growth by a Signifi...

Caprolactone Market to Witness Growth by a Significant CAGR Throughout 2022 – 2031

00
Downhole Equipment Market Projected to Grow at a C...

Downhole Equipment Market Projected to Grow at a CAGR of ~5% during 2022 – 2031

00
Esoteric Testing Market Projected to Grow at a CAG...

Esoteric Testing Market Projected to Grow at a CAGR of ~12% throughout 2022 – 2031

00

Stay connected to your stories

Cannabis Beverage Market Analysis By Industry Size, Trends & Growth Forecast 2030

34 Launches

Part of the Mystery collection

Published on December 14, 2021

Recommended By

(0)

    WHAT'S THIS STORY ABOUT?

    Characters left :

    Category

    • Life
      Love
      Poetry
      Happenings
      Mystery
      MyPlotTwist
      Culture
      Art
      Politics
      Letters To Juliet
      Society
      Universe
      Self-Help
      Modern Romance
      Fantasy
      Humor
      Something Else
      Adventure
      Commentary
      Confessions
      Crime
      Dark Fantasy
      Dear Diary
      Dear Mom
      Dreams
      Episodic/Serial
      Fan Fiction
      Flash Fiction
      Ideas
      Musings
      Parenting
      Play
      Screenplay
      Self-biography
      Songwriting
      Spirituality
      Travelogue
      Young Adult
      Science Fiction
      Children's Story
      Sci-Fantasy
      Poetry Wars
      Sponsored
      Horror
    Cancel

    You can edit published STORIES

    Language

    Delete Opinion

    Delete Reply

    Report Content


    Are you sure you want to report this content?



    Report Content


    This content has been reported as inappropriate. Our team will look into it ASAP. Thank You!



    By signing up you agree to Launchora's Terms & Policies.

    By signing up you agree to Launchora's Terms & Policies.