Cannabis-Infused Beer Market Size Was Valued at USD 408 Million in 2023, and is Projected to Rseach USD 2726.86 Million by 2032, Growing at a CAGR of 23.5% From 2024-2032.
Cannabis beer, also referred to as marijuana beer or THC beer, is an intoxicating drink that contains cannabinoids such as THC and CBD derived from the cannabis plant. It mixes the effects of alcohol and cannabis, providing a distinctive sensory journey with different tastes and scents. The strength and impact may differ depending on the amount taken and an individual's ability to tolerate it. Nevertheless, in certain regions, there are regulations that must be followed when it comes to making and selling cannabis-infused beer.
Cannabis beer, sometimes called cannabis-infused beer or cannabis-infused drinks, blends the effects of cannabis with the refreshing features of beer. Recreational use, socializing, unwinding, and reducing stress are all benefits provided by cannabinoids such as THC and CBD. It also offers a non-alcoholic option as a substitute for alcohol, providing a comparable social interaction. Tailored formulations can be developed to meet varying preferences and requirements.
Top Key Players Covered In Cannabis-Infused Beer Market
Constellation Brands (US), Molson Coors Beverage Company (US), Cannabiniers (US), Dixie Brands Inc. (US), Cannabinoid Creations (US), Coalition Brewing Co. (US), Ceria Beverages (US), Two Roots Brewing Co. (US), Lagunitas Brewing Company (Heineken-owned) (US), Keith Villa's CERIA Brewing Co. (US), Evergreen Herbal (US), Rebel Coast Winery (US), Mirth Provisions (US), Leafbuyer Technologies, Inc. (US), Green Thumb Industries Inc. (US), Canopy Growth Corporation (Canada), Canopy Rivers Inc. (Canada), Tilray Inc. (Canada), The Supreme Cannabis Company (Canada), CannTrust Holdings Inc. (Canada), Province Brands of Canada (Canada), Aurora Cannabis Inc. (Canada), The Green Organic Dutchman Holdings Ltd. (TGOD) (Canada), Hexo Corp (Canada), Blaze Life Holdings (BLH) (California), Heineken (Netherlands), and other major players
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Opportunity Line Here
Targeting health-conscious consumers with CBD-infused options
Breweries can appeal to health-conscious consumers looking for alternative drinks through the innovation of cannabis-infused beer. The legalizing of cannabis for both medical and recreational use in various areas creates a growing market for products infused with cannabis.
Health-conscious individuals are more and more looking for products that provide functional advantages and support their wellness objectives. CBD, which is not psychoactive and comes from cannabis, is linked to possible health advantages such as stress reduction, calmness, and pain control.
With growing worries about the health risks of alcohol consumption, CBD-infused beer provides a drink that may have calming or mood-boosting effects without the intoxicating qualities of alcohol.
Segmentation Analysis of the Cannabis-Infused Beer Market
Cannabis-Infused Beer Market Segmented based on type, distribution channel.
By Type
- Tetrahydrocannabinol (THC)
- Cannabidiol (CBD)
By Distribution Channel
- Direct Sales
- Indirect Sales
- Online Channels
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North America is Expected to Dominate the Market Over the Forecast period
The cannabis-infused beer market in North America is projected to be led by factors like the legalization of cannabis for medical and recreational use in the US and Canada, creating a favorable environment for the development, production, and sale of cannabis-infused products, including beer. The well-established cannabis industry in North America, especially in Canada, with seasoned growers, processors, and retailers, helps in the production and distribution of cannabis-infused beer.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Cannabis-Infused Beer Market
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