According to Inkwood Research, the Global Cannabis Food & Beverage Market is projected to rise around $1.61 billion in terms of revenue by 2025, with a growth rate of 18.35% between 2020 and 2025.
Browse 37 Market Data Tables and 38 Figures spread over 130 Pages, along with an in-depth analysis of the Global Cannabis Food & Beverage Market by Product Type, Distribution Channel, and Geography.
Global Cannabis Food & Beverage Market Scenario
The cannabis plants, sometimes also known as hemp in few varieties, are cultivated for non-drug usage. It is majorly being used to produce oil, seeds, leaves, and fiber. And, also used as vegetables and juice, or even in medical drugs and recreational purposes.
The use of cannabis for recreational purposes is restricted in many countries. However, in recent years, several regions have sanctioned their usage in medical or recreational drinks. Hence, the legalization of cannabis in several countries, and the growing popularity in wellness drinks are driving the growth of the market during the forecast period. On the other hand, adverse side-effects on health, and the inadequacy of high-quality cannabis are two major factors restraining the overall growth of the global market.
The Global Cannabis Food & Beverage Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Distribution Channel
- Online Stores
- Specialty Store
- Mass Merchandisers
- Others
Market by Product Type
- Ice Cream
- Chocolate
- Bakery Products
- Cereal Bars
- Beverages
- Candy
- Others
Report Highlights
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2025, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2025
Companies Profiled
- LAGUNITAS BREWING COMPANY
- NEW AGE BEVERAGES CORPORATION
- KOIOS BEVERAGE CORP
- HEXO CORP
- THE SUPREME CANNABIS COMPANY INC
- ALKALINE88 LLC
- GENERAL CANNABIS CORP
- DUTCH WINDMILL SPIRITS BV
- PHIVIDA HOLDINGS INC
- VCC BRAND
- DIXIE BRANDS INC
- APHRIA
- COALITION BREWING
- CANOPY GROWTH
- ENERGY DRINK
Related Reports
GLOBAL HEMP MILK MARKET – Global hemp milk market is projected to grow at 14.28% of CAGR by 2027.
GLOBAL CANNABIS TESTING MARKET – Global cannabis testing market is rising at 11.63% of CAGR during the forecast period.
GLOBAL KOMBUCHA MARKET – Global kombucha market is estimated to rise at a CAGR of 25.56% during the forecast period.
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