Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
The cannabis drinks market is expanding as a result of growing legalisation and changing consumer perceptions. Novel goods that satisfy a range of tastes include THC-laced beers and waters enhanced with CBD. Improved sleep, weight loss, and reduced anxiety are among the health benefits that fuel the predicted 37.3% CAGR growth to reach a US$ 8.3 billion valuation by 2032.
The market for cannabis drinks is expanding at a rate never seen before as legalisation grows and consumer attitudes change. With innovative products ranging from CBD-infused sparkling waters to THC-infused craft beers, the market caters to diverse tastes and preferences. Rising acceptance, expanding distribution networks, and health-related benefits are driving this burgeoning industry forward.
Explore the Thriving Cannabis Drinks Market: Request a Sample Report Now for In-Depth Insights and Growth Opportunities @
https://www.futuremarketinsights.com/reports/sample/rep-gb-15262
The global cannabis drinks market is set to witness growth at a CAGR of 37.3%and top a valuation of US$ 8.3 Billion by 2032. Various health benefits, such as improved sleep patterns, weight loss, depression, and anxiety reduction, blood pressure regulation, and others, are predicted to fuel global cannabis drinks growth over the forecast period (2022-2032).
Additionally, it is anticipated that as the usage of cannabis for the treatment of cancer, epilepsy, cancer, and pain will increase, so will the demand for cannabis drinks. Similar to this, the sector benefited from the legalisation of cannabis for medical or recreational purposes.
As a result, a number of top cannabis beverage companies have significantly increased their product offerings, increasing both the diversity and quantity of options for consumers. Through 2022 and beyond, this is predicted to more than 20x the demand for cannabis drinks.
Key Takeaways from Market Study
“Cannabis drinks sales are increasing from regulated dispensaries, creating a multitude of options for specialized retailers to present appetizing and creative drinks, which are infused with active cannabis. In addition to that, distribution channels, which are allowed to serve cannabis drinks as the go-to-place for cannabis-based edibles, are likely to gain momentum in the upcoming decade,” says a Future Market Insights analyst.
Competitive Landscape
Key cannabis drinks brands are conducting several researches and looking for new strategic partnerships, while key business brands are focusing on developing the applications in food industry to generate high quality food and beverage solutions. Top players are focusing on new formulations and product innovations to gain market share and attract more customers towards the product.
Tap into the Lucrative Cannabis Drinks Market: Secure Your Growth Strategy Now – Buy the Comprehensive Market Report @
https://www.futuremarketinsights.com/checkout/15262
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global cannabis drinks market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on product type (alcoholic cannabis infused drinks and non-alcoholic cannabis infused drinks), component (tetrahydrocannabinol or THC infused drinks and cannabidiol or CBD infused drinks), flavor (unflavoured and flavoured), and sales channel (B2B / HoReCa and B2C), across seven major regions of the world.
Cannabis Drinks Market by Category
By Product Type, Cannabis Drinks Market is Segmented as:
By Component, Cannabis Drinks Market is Segmented as:
By Flavor, Cannabis Drinks Market is Segmented as:
By Sales Channel, Cannabis Drinks Market is Segmented as:
By Region, Cannabis Drinks Market is Segmented as:
Frequently Asked Questions
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Feb 08, 2024