US CBD-Infused Beverages Market Research Report Forecast to 2030
US CBD-Infused Beverages Market Research Report Forecast to 2030
The USA CBD-Infused Beverages Market is expected to register 19.30% CAGR during the forecast period, 2023 to 2030, and is expected to reach USD 4,221.23 million in 2030.
During this period, the market saw a surge in new product launches, with various companies introducing a wide range of CBD-infused beverages, including sparkling waters, teas, coffees, energy drinks, and even alcoholic beverages. These products were marketed to alleviate stress, anxiety, and pain while promoting relaxation and general well-being. Additionally, some brands positioned their offerings as a healthier alternative to traditional sugary drinks, targeting health-conscious consumers.
The market's growth was supported by a gradual shift in public perception regarding cannabis products, especially CBD, which became more widely accepted due to increased scientific research and positive media coverage. Moreover, easing legal restrictions in certain states and at the federal level further fueled the industry's expansion.
In this rapidly evolving landscape, consumer awareness and education about CBD's effects, dosage, and potential interactions with other substances are vital in shaping purchasing decisions. Consequently, reputable companies invested in providing transparent information about their products, including sourcing, manufacturing processes, and third-party testing for quality and safety.
However, the regulatory environment surrounding CBD-infused beverages remained somewhat uncertain. The Food and Drug Administration (FDA) had yet to issue comprehensive guidelines, leading to variations in state-level regulations and creating challenges for manufacturers and distributors seeking national consistency.
Market SegmentationUSA CBD-Infused Beverages Market is segmented based on product, CBD Type, and distribution channel. The market segment of product includes Alcoholic and Non-Alcoholic. Based on CBD Type includes Marijuana-Derived, Hemp-Derived and Synthetic. Based on the market distribution channel, the market deals in Supermarkets & Hypermarkets, Specialty Stores, Online and others. Some of the players operating in the market are Alkaline Water Company Inc, Canopy Growth Corporation, Heineken N.V., The Molson Coors Beverage Company, Aurora Cannabis Inc. Tilray, Cann, Centr Brands Corp, Daytrip and many more.
Major PlayersSome of the players operating in the market are Alkaline Water Company Inc, Canopy Growth Corporation, Heineken N.V., The Molson Coors Beverage Company, Aurora Cannabis Inc. Tilray, Cann, Centr Brands Corp, Daytrip and many more.