Cannabis Beverages

World Market Report

MCP21416

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DATE

JAN 2023

TABLES

30

PAGES

167

EDITION

9

PRICE

USD 5600

CODE

MCP21416


COMPETITIVE METRICS

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HIGHLIGHTS & REPORT INDEX

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Cannabis Beverages Market to Reach $3.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to reach a revised size of US$3.9 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2022-2030. Non-Alcoholic, one of the segments analyzed in the report, is projected to record a 18.2% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Alcoholic segment is readjusted to a revised 16.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $752 Million, While Asia-Pacific is Forecast to Grow at 14.4% CAGR
The Cannabis Beverages market in the U.S. is estimated at US$752 Million in the year 2022. Asia-Pacific is forecast to reach a projected market size of US$258.5 Million by the year 2030 trailing a CAGR of 14.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Europe and Canada, each forecast to grow at 16.9% and 17.5% respectively over the 2022-2030 period.

SELECT PLAYERS

GW Pharmaceuticals PLC; Aphria Inc.; Aurora Cannabis, Inc.; Canopy Growth Corporation; Organigram Holding, Inc.; Coalition Brewing; Cronos Group; Tilray; Hexo Corporation; CannTrust; CBD Ultra Limited; Elegance Brands, Inc.

SEGMENTS

» Type (Non-Alcoholic, Alcoholic) » Component (Tetrahydrocannabinol (THC), Cannabidiol (CBD))

GEOGRAPHIES

» World » USA » Canada » Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
EXHIBIT: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Pandemic Leads to Increased Focus on Health and Wellness Products
Pandemic Drives Consumer Shift towards Organic Foods
Cannabis Beverages – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
An Introduction to Cannabis Beverages
Global Market Prospects & Outlook
Key Trends Influencing the Market
Analysis by Type
EXHIBIT: World Cannabis Beverages Market by Type (2021 & 2027): Percentage Breakdown of Value Sales for Non-Alcoholic, and Alcoholic
Analysis by Component
EXHIBIT: World Cannabis Beverages Market by Component (2021 & 2027): Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC), and Cannabidiol (CBD)
Regional Analysis
EXHIBIT: Global Market for Cannabis Beverages: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
EXHIBIT: Global Market for Cannabis Beverages - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027: USA, Canada, Europe, Asia-Pacific, and Rest of World
Cannabis Beverages to Take the US Market by Storm
Low-dose Cannabis Emerge as Alcohol Alternatives in Canada
Competitive Scenario: Major Players Eying a Pie of the Cannabis Market
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Cannabis-Infused Beverages to Reduce Alcohol Consumption among the Young
Prevailing Trends Positively Influence the Market
Alcoholic Beverage Companies Seek Role in the Market
Growth Trend to Continue
Legalisation & Decriminalization Augur Well
Legalisation Drives Demand in North America
A Note On Clean Label Cannabis
A Review of Trends Influencing the Market
Favorable Demographics Strengthen Market Prospects
EXHIBIT: World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
Urban Sprawl Encourages a Positive Tide
EXHIBIT: World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
Rising Health Awareness to Fuel Market Prospects
Growing Adoption of Herbal Remedies Widens Prospects
EXHIBIT: Hypertension Prevalence (%) Worldwide by Region in Male and Females Aged 25+ Years
EXHIBIT: World Diabetes and Population Statistics (2019, 2030 & 2045)
EXHIBIT: Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
Production Challenges Abound for Cannabis Beverage Producers
Production Process of Cannabis Beverages – The Many Challenges
Long-Term Studies on Stability of Products Essential
Production Innovation Accelerates Market Growth
Safety Challenges with Hemp-infused Products
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Cannabis Beverages by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Cannabis Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Non-Alcoholic by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Non-Alcoholic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Alcoholic by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Alcoholic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Tetrahydrocannabinol (THC) by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Tetrahydrocannabinol (THC) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Cannabidiol (CBD) by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Cannabidiol (CBD) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Cannabis Beverages Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
UNITED STATES
Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
USA Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
USA 8-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2023 & 2030
USA Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
USA 8-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2023 & 2030
CANADA
Canada Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Canada 8-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2023 & 2030
Canada Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Canada 8-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2023 & 2030
EUROPE
Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Europe Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Europe 8-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2023 & 2030
Europe Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Europe 8-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2023 & 2030
ASIA-PACIFIC
Cannabis Beverages Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Asia-Pacific 8-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2023 & 2030
Asia-Pacific Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Asia-Pacific 8-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2023 & 2030
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Cannabis Beverages by Type - Non-Alcoholic and Alcoholic - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Rest of World 8-Year Perspective for Cannabis Beverages by Type - Percentage Breakdown of Value Sales for Non-Alcoholic and Alcoholic for the Years 2023 & 2030
Rest of World Recent Past, Current & Future Analysis for Cannabis Beverages by Component - Tetrahydrocannabinol (THC) and Cannabidiol (CBD) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
Rest of World 8-Year Perspective for Cannabis Beverages by Component - Percentage Breakdown of Value Sales for Tetrahydrocannabinol (THC) and Cannabidiol (CBD) for the Years 2023 & 2030

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