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Cannabis Beverages - Global Strategic Business Report

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    Report

  • 167 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303350

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.

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.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

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 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.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. 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
2. FOCUS ON SELECT PLAYERS
3. 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
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: 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 2: World 7-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 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Non-Alcoholic 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 4: World 7-Year Perspective for Non-Alcoholic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Alcoholic 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 7-Year Perspective for Alcoholic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: 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 8: World 7-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 2024 & 2030
  • Table 9: 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 10: World 7-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 2024 & 2030
  • Table 11: World Cannabis Beverages Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 12: USA Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 13: USA 7-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2024 & 2030
  • Table 14: 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 15: USA 7-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2024 & 2030
CANADA
  • Table 16: Canada Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 17: Canada 7-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2024 & 2030
  • Table 18: 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 19: Canada 7-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2024 & 2030
EUROPE
  • Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 20: Europe Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: Europe 7-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2024 & 2030
  • Table 22: 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 23: Europe 7-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2024 & 2030
ASIA-PACIFIC
  • Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 24: Asia-Pacific Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 25: Asia-Pacific 7-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2024 & 2030
  • Table 26: 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 27: Asia-Pacific 7-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2024 & 2030
REST OF WORLD
  • Table 28: Rest of World Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 29: Rest of World 7-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2024 & 2030
  • Table 30: 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 31: Rest of World 7-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.