Cannabis Infused Drinks Market Is Expand At A CAGR Of Nearly 38%. During The Forecast Period 2021 – 2031

The global cannabis infused drinks market is projected to surpass US$ 6 Bn, expanding at a stellar 38% CAGR across the 2021-2031 assessment period, concludes a newly published report by Fact.MR. Increasing scramble to legalize recreational and medicinal usage across key countries is heightening prospects.

From 2016 to 2020, sales of cannabis infused drinks expanded at a 15% CAGR, clocking US$ 250 Mn by the end of the aforementioned period. While COVID-19 temporarily impeded expansion, unceasing efforts to incorporate low-grade cannabis in food & beverage products amid legal sanctions sustained demand to a large extent.

Various health benefits, including improved sleep patterns, reduced weight gain, relief from depression and anxiety, are likely to drive global cannabis beverage growth throughout the forecast period. Furthermore, the growing use of cannabis for the treatment of neurological disorders, epilepsy, cancer, and pain management is projected to boost demand.

Get Sample Copy With Impact Analysis Of COVID-19 Of Market Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=3383

Cannabis Infused Drinks Market – Scope of Report:

A latest publication by Fact.MR on the global Cannabis Infused Drinks market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2021-2031.

Important indicators for the successful growth of the Cannabis Infused Drinks market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Cannabis Infused Drinks supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Cannabis Infused Drinks, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Competitive Landscape:

Strategic collaborations enable manufacturers to increase production and meet consumer demand which will increase revenue and market share. New products and technologies will enable end-users to benefit from products that are more skin-friendly and to obtain 99.9% germ-free disinfectants.

  • In November 2020, 3M released a new product against COVID-19. This product received US EPA approval for its TB Quat Disinfectant Ready-to-Use Cleaner for SARS-CoV-2 in hospitals, offices homes, hotels, schools, and commercial places. A third-party testing lab verified that the product was effective against viruses for a continuous 60 second period on hard, nonporous surfaces.
  • MEDALKAN produced a range of disinfectants for medical devices specially designed for professional use in clinics, dental clinics, hospitals, and examination centers. The products have been developed for the cleaning and disinfection of surgical instruments, surfaces, suction systems, endoscopes, as well as other applications.

 Get Customization on this Report for Specific Research Solutions:- https://www.factmr.com/connectus/sample?flag=RC&rep_id=3383

Report benefits & key questions answered

  • Post covid consumer spending on Cannabis Infused Drinks: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
  • Cannabis Infused Drinks demand outlook: the market intelligence study reports highlights the factor propelling the demand for Cannabis Infused Drinks. As per the study, the demand for Cannabis Infused Drinks will grow through 2031.
  • Cannabis Infused Drinks historical volume analysis: FactMR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2021-2031.
  • Cannabis Infused Drinks consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Cannabis Infused Drinks Market Segmentations:

  • Type

    • Alcoholic Cannabis Infused Drinks
      • Cannabis Infused Alcoholic Beer
      • Cannabis Infused Wine
      • Cannabis Infused Spirits
    • Non-Alcoholic Cannabis Infused Drinks
      • Cannabis Infused Water/ Sparkling Water/ Functional Drinks/Soda
      • Cannabis Infused Tea
      • Cannabis Infused Coffee
      • Cannabis Infused Juices
  • Component

    • Cannabidiol (CBD) Infused Drinks
    • Tetrahydrocannabinol (THC) Infused Drinks

 For in-depth competitive analysis, Buy Now –https://www.factmr.com/checkout/3383

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of fortune 1,000 companies trust us for making their most critical decisions. We have offices in us and dublin, whereas our global headquarter is in dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our usp is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

 

Matched content

Editor’s pick

Express Press Release Distribution