Global Cannabis Infused Drink Is Forecast To Revenues Will Expand Nearly 24x By 2031

Posted on 2022-11-24 by Fact.MR in Food & Beverage // 0 Comments

Cannabis Infused Drinks Market By Type (Alcoholic Cannabis Infused Drinks, Non-Alcoholic Cannabis Infused Drinks), By Component (Cannabidiol (CBD) Infused Drinks,Tetrahydrocannabinol (THC) Infused Drinks) – Global Market Insights 2021 to 2031

The Global cannabis infused Drinksmarket will see soaring growth in 2021, with revenues expected to top US$ 250 Mn. The forecast estimates that revenues will expand nearly 24x by 2031, surpassing nearly US$ 6 Bn, at a CAGR of nearly 38%.

Many new manufacturers of cannabis-infused beverages have entered the market to meet the increasing demand for these beverages. The sales of cannabis-infused goods expanded at a noticeable CAGR of 15.1% from 2016 to 2020 and the market reached US$ 260 million in 2021.

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Competitive Landscape

The environment of the cannabis infused drinks market remains competitive owing to the uncertainty that surrounds sales of cannabis in recent years and uses respective rules. The industry in Canada is likely to grow at a noticeable pace due to favorable federal rules that are helpful to stimulate the sales of these products in the country.

The use of novel technologies and adherence to the trends in the beverages industries to create some unique variations is predicted to serve as a noticeable strategy to achieve a competitive edge in the market.

Key suppliers of cannabis infused drinks are CAN, Artet, The Alkaline Water Company, Phivida Holdings Inc., Koios Beverage Corporation, and VCC Brands.

CAN is one of the most well-known and simplest Cannabis drinks. It generally contains little quantity of carbonated water, agave juice, aromatic oils as well as Californian cannabis extract. Around 4mg CBD and 2mg THC are included in it which provides extremely regulated effects which are comparatively milder than Cannabis beverages. Further, it is accessible to various dispensaries and available on different e-commerce websites.
Artet, similarly, a non-alcoholic beverage combines cannabis sociability in one bottle with cocktail culture. The product comes in various tastes, each of which has a combination of dry, flowery, and herbal undertones. The container comes with 37.5mg THC which is further divided between fifteen shots that have 2.5mg TCH. These beverages are ideal for first-time users of cannabis beverages.

Prominent Key Players Of The Cannabis Infused Drinks Market Survey Report:

CAN
Artet
The Alkaline Water Company
Phivida Holdings Inc.
Koios Beverage Corporation
VCC Brands
Dixie Brands Inc.
Keef Brand
Hexo Corp
Aphria
Canopy Growth

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Key Segments Covered

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

Cannabis Infused Drinks fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each Cannabis Infused Drinks player.
Various regulations imposed by the governments on the consumption of Cannabis Infused Drinks in detail.
Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Cannabis Infused Drinks.

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The report covers following Cannabis Infused Drinks Market insights and assessment that are helpful for all participants involved in the Cannabis Infused Drinks market:

Data on recently introduced regulations and their impact on key industries and on demand in Cannabis Infused Drinks
Latest industry Analysis on Cannabis Infused Drinks Market, with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Cannabis Infused Drinks Market and changing consumer preferences in major industries.
Changing Cannabis Infused Drinks demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Cannabis Infused Drinks major players
Cannabis Infused Drinks Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
Cannabis Infused Drinks demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

Questionnaire answered in the Cannabis Infused Drinks Market report include:

How the market for Cannabis Infused Drinks has grown?
What is the present and future outlook of the global Cannabis Infused Drinks on the basis of region?
What are the challenges and opportunities for the Cannabis Infused Drinks?
Why the consumption of Cannabis Infused Drinks highest in region?
In which year segment is expected to overtake segment?

What makes Fact.MR report stand out from others?

MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Cannabis Infused Drinks market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Cannabis Infused Drinks market, thus, making it different and special from other reports.
Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Cannabis Infused Drinks market and assists to create strategies to overcome the obstacles that may hinder the growth of the Cannabis Infused Drinks market.
Leverage: The Cannabis Infused Drinks market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Cannabis Infused Drinks market.

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