Cannabis Infused Beverage Market Size, Trends, Analysis, and Outlook By Type (Alcoholic, Non-Alcoholic), By Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail, Others), by Country, Segment, and Companies, 2024-2032

Cannabis Infused Beverage Market Size, Trends, Analysis, and Outlook By Type (Alcoholic, Non-Alcoholic), By Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail, Others), by Country, Segment, and Companies, 2024-2032

Global Cannabis Infused Beverage Market Size is valued at $486.2 Million in 2024 and is forecast to register a growth rate (CAGR) of 22.2% to reach $2417.6 Million by 2032.

The cannabis-infused beverage market is rapidly growing, fueled by the increasing acceptance of cannabis products and the demand for innovative, non-alcoholic alternatives. As consumers seek healthier lifestyle choices, cannabis-infused drinks, including teas and sparkling waters, are gaining popularity. The trend towards premium and artisanal beverages is encouraging manufacturers to experiment with flavors and formulations, appealing to a broad spectrum of consumers and enhancing market dynamics.

Cannabis Infused Beverage Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Cannabis Infused Beverage survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Cannabis Infused Beverage industry.

Key market trends defining the global Cannabis Infused Beverage demand in 2025 and Beyond

The Cannabis Infused Beverage industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Cannabis Infused Beverage Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Cannabis Infused Beverage industry

Leading Cannabis Infused Beverage companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Cannabis Infused Beverage companies.

Cannabis Infused Beverage Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Cannabis Infused Beverage Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Cannabis Infused Beverage industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Cannabis Infused Beverage Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Cannabis Infused Beverage Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Cannabis Infused Beverage market segments. Similarly, strong market demand encourages Canadian Cannabis Infused Beverage companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Cannabis Infused Beverage Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Cannabis Infused Beverage industry remains the major market for companies in the European Cannabis Infused Beverage industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Cannabis Infused Beverage market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Cannabis Infused Beverage Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Cannabis Infused Beverage in Asia Pacific. In particular, China, India, and South East Asian Cannabis Infused Beverage markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Cannabis Infused Beverage Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Cannabis Infused Beverage Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Cannabis Infused Beverage market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Cannabis Infused Beverage.

Cannabis Infused Beverage Company Profiles

The global Cannabis Infused Beverage market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Aphria, Canopy Growth, Dixie Brands Inc, Hexo Corp, Keef Brand, Koios Beverage Corp, New Age Beverages Corp, Phivida Holdings Inc, The Alkaline Water Company, VCC Brand.

Recent Cannabis Infused Beverage Market Developments

The global Cannabis Infused Beverage market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Cannabis Infused Beverage Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

By Type

Alcoholic

Non-Alcoholic

By Distribution Channel

Mass Merchandisers

Specialty Stores

Online Retail

Others

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Aphria

Canopy Growth

Dixie Brands Inc

Hexo Corp

Keef Brand

Koios Beverage Corp

New Age Beverages Corp

Phivida Holdings Inc

The Alkaline Water Company

VCC Brand

Formats Available: Excel, PDF, and PPT