The report is designed to provide a holistic view of the Cannabidiol (CBD) Infused Beverages Market It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.
Data Bridge Market Research analyses that the cannabidiol (CBD) infused beverages market which was valued at USD 2.83 billion in 2021 and is expected to reach the value of USD 8.96 billion by 2029, at a CAGR of 15.50% during the forecast period of 2022-2029.
Top Companies in the Cannabidiol (CBD) Infused Beverages Market
Canopy Growth Corporation (Canada), The Cronos Group (Canada), Tilray. (US), Hexo (Canada), CannTrust (Canada), Aurora Cannabis Inc. (Canada), GW Pharmaceuticals plc. (UK), VIVO Cannabis Inc. (Canada), Alkaline88 (US), NewAge Inc. (US), Cannara. (Canada), Dixie Brands (US), KANNAWAY LLC. (US), The Supreme Cannabis Company, Inc (Canada), CANNABIS Aphria (Canada), CURA CS, LLC. (US), KAZMIRA (US), Curaleaf (US) and CannazALL (US)
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This report segments the Cannabidiol (CBD) Infused Beverages Market are:
Product Type
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Alcoholic
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Non-Alcoholic
CBD type
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Marijuana-Derived
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Hemp-Derived
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Synthetic
Grade
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Pharmaceutical grade
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Food grade
Distribution channel
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Storefront Dispensaries
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Convenience Stores
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Online
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Others
Drivers
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Rising legalisation of cannabis for medicinal and recreational purposes
The increasing legalisation of cannabis for a variety of medical and recreational purposes, particularly across borders, is increasing demand for cannabidiol (CBD) infused beverages. Furthermore, rising consumer awareness of the numerous benefits of cannabidiol (CBD) in treating inflammation, relieving pain, improving sleep quality, and stress management is propelling market growth.
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The rising prevalence of neurological and psychiatric disorders among population
The rising prevalence of several respiratory ailments caused by cannabis smoking has resulted in a shift in consumer preference for CBD-infused food products, such as cannabidiol (CBD) infused beverages. Furthermore, the rising prevalence of various neurological and psychiatric disorders is driving the adoption of cannabidiol (CBD) infused beverages due to their non-psychotropic properties, which eliminate the risk of drug-induced sensations among consumers Furthermore, potential CBD beverage customers are more willing to spend money on legal CBD products, which is positively impacting the cannabidiol (CBD) infused beverages market growth rate.
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A reliable Cannabidiol (CBD) Infused Beverages Market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Cannabidiol (CBD) Infused Beverages Market report.
Significant Features that are under Offering and Key Highlights of the
Reports:
-Detailed overview of Cannabidiol (CBD) Infused Beverages Market
-Changing the Cannabidiol (CBD) Infused Beverages Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Cannabidiol (CBD) Infused Beverages Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Cannabidiol (CBD) Infused Beverages Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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