The Cannabis Drinks Market Study forecasts the market size across 6 regions and 24 countries for diverse segments including-Type (Cannabis Infused Wine, Cannabis-Infused Beer, Cannabis Infused Water, Cannabis Infused Coffee, Cannabis Infused Tea, Cannabis Infused Juice, Others), Flavor (UnFlavored, Fruit, Apple Cider, Black Tea, Cappuccino, Caramel), Component (Tetrahydrocannabinol (THC) Infused Drinks, Cannabidiol (CBD) Infused Drinks, Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience stores, Specialty stores, Online).
Cannabis Drinks: The market for cannabis drinks is driven by innovation in the beverage industry, combining cannabis extracts or compounds with various drink formats. Key drivers include the development of cannabis-infused beverages offering alternative consumption methods for cannabis users, potentially providing relaxation or therapeutic effects. The appeal lies in cannabis drinks' convenience, discretion, and their potential role in diversifying the cannabis market with novel and approachable consumption options.
A significant trend in the cannabis drinks market is the rise in the popularity of socially consumable cannabis beverages. Consumers are increasingly seeking alternatives to traditional alcoholic beverages, and cannabis-infused drinks offer a socially acceptable and convenient way to enjoy cannabinoids in a beverage format. This trend is driven by the desire for a relaxed and social consumption experience without the drawbacks associated with alcohol. As regulations evolve to accommodate cannabis-infused beverages, the market is witnessing a surge in innovative products such as cannabis-infused sparkling waters, teas, and mocktails, catering to consumers looking for enjoyable and shareable cannabis-infused drink options.
A key driver for the cannabis drinks market is the regulatory shifts and growing acceptance of cannabis consumption. Changes in cannabis regulations, particularly the legalization of recreational and medicinal cannabis in various regions, have paved the way for the development and commercialization of cannabis-infused drinks. The driver is fueled by evolving societal attitudes towards cannabis, with an increasing number of consumers embracing its use for recreational and wellness purposes. As a result, there is a growing market for cannabis drinks, driven by the regulatory landscape's adaptability to accommodate and regulate the production and sale of cannabis-infused beverages.
A notable potential opportunity in the cannabis drinks market lies in the exploration of innovative formulations and flavors. With consumers demanding a diverse and appealing range of options, there is an opportunity for producers to develop unique formulations that enhance the taste and experience of cannabis-infused drinks. This includes experimenting with different cannabinoid ratios, introducing functional ingredients, and creating enticing flavor profiles. Producers can tap into the opportunity to differentiate their products, cater to specific consumer preferences, and create a competitive edge in the market by offering innovative and enjoyable cannabis drink options.
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
Geographical Segmentation
• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, South East Asia, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, Egypt, South Africa, Nigeria, Rest of Africa)
Artet, Inc.
Can Brands Inc.
Phivida Holdings Inc.
The Alkaline Water Company Inc.
VCC Brands Inc.
Koios Beverage Corporation
Keef Brands LLC
Dixie Brands Inc.
Aphria Inc.
Hexo Corp
Canopy Growth Corporation
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TABLE OF CONTENTS
1 Introduction To 2024 Cannabis Drinks Markets
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Included
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Cannabis Drinks Market Size Outlook, $ Million, 2021 to 2030
3.2 Cannabis Drinks Market Outlook by Type, $ Million, 2021 to 2030
3.3 Cannabis Drinks Market Outlook by Product, $ Million, 2021 to 2030
3.4 Cannabis Drinks Market Outlook by Application, $ Million, 2021 to 2030
3.5 Cannabis Drinks Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Cannabis Drinks Industry
4.2 Key Market Trends in Cannabis Drinks Industry
4.3 Potential Opportunities in Cannabis Drinks Industry
4.4 Key Challenges in Cannabis Drinks Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Cannabis Drinks Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Cannabis Drinks Market Outlook by Segments
7.1 Cannabis Drinks Market Outlook by Segments
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
8 North America Cannabis Drinks Market Analysis and Outlook To 2030
8.1 Introduction to North America Cannabis Drinks Markets in 2024
8.2 North America Cannabis Drinks Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Cannabis Drinks Market size Outlook by Segments, 2021-2030
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
9 Europe Cannabis Drinks Market Analysis and Outlook To 2030
9.1 Introduction to Europe Cannabis Drinks Markets in 2024
9.2 Europe Cannabis Drinks Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Cannabis Drinks Market size Outlook by Segments, 2021-2030
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
10 Asia Pacific Cannabis Drinks Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Cannabis Drinks Markets in 2024
10.2 Asia Pacific Cannabis Drinks Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Cannabis Drinks Market size Outlook by Segments, 2021-2030
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
11 South America Cannabis Drinks Market Analysis and Outlook To 2030
11.1 Introduction to South America Cannabis Drinks Markets in 2024
11.2 South America Cannabis Drinks Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Cannabis Drinks Market size Outlook by Segments, 2021-2030
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
12 Middle East and Africa Cannabis Drinks Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Cannabis Drinks Markets in 2024
12.2 Middle East and Africa Cannabis Drinks Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Cannabis Drinks Market size Outlook by Segments, 2021-2030
Type
Cannabis Infused Wine
Cannabis Infused Beer
Cannabis Infused Water
Cannabis Infused Coffee
Cannabis Infused Tea
Cannabis Infused Juice
Others
Flavor
Unflavored
Fruit
Apple Cider
Black Tea
Cappuccino
Caramel
Component
Tetrahydrocannabinol (THC) Infused Drinks
Cannabidiol (CBD) Infused Drinks
Others
Distribution Channel
Supermarkets and Hypermarkets
Convenience stores
Specialty stores
Online
List of Companies
Artet, Inc.
Can Brands Inc.
Phivida Holdings Inc.
The Alkaline Water Company Inc.
VCC Brands Inc.
Koios Beverage Corporation
Keef Brands LLC
Dixie Brands Inc.
Aphria Inc.
Hexo Corp
Canopy Growth Corporation
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Type/brCannabis Infused Wine /brCannabis Infused Beer /brCannabis Infused Water /brCannabis Infused Coffee /brCannabis Infused Tea /brCannabis Infused Juice /brOthers /br/brFlavor /brUnflavored /brFruit /brApple Cider /brBlack Tea /brCappuccino /brCaramel /br/brComponent/brTetrahydrocannabinol (THC) Infused Drinks /brCannabidiol (CBD) Infused Drinks /brOthers/br/brDistribution Channel/brSupermarkets and Hypermarkets /brConvenience stores /brSpecialty stores /brOnline
The global Cannabis Drinks Market is one of the lucrative growth markets, poised to register a 32.5% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Artet, Inc., Can Brands Inc., Phivida Holdings Inc., The Alkaline Water Company Inc., VCC Brands Inc., Koios Beverage Corporation, Keef Brands LLC, Dixie Brands Inc., Aphria Inc., Hexo Corp, Canopy Growth Corporation
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume