The Global Cannabis-Infused Beer Market is estimated at USD 186.23 Million in the year 2022 and is projected to reach a revised size of USD 814.20 Million by 2030, growing at a CAGR of 20.25% over the period 2023-2030.
In order to create a new beverage that blends the recreational or medicinal characteristics of cannabis with the typical aspects of beer consumption, the cannabis-infused beer market involves the production and distribution of beer infused with cannabis or its derivatives. This new market arises from the confluence of the expanding cannabis and beverage industries. Cannabis-infused beers provide consumers with an alternative to regular alcoholic beverages by containing cannabinoids like THC or CBD. In this sector, flavor profiles, customer preferences for psychoactive or therapeutic effects, and compliance with cannabis rules are important factors to take into account. Within the larger cannabis and beverage industries, there is a niche market for cannabis-infused beer that caters to changing consumer preferences.
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Top Key Players Covered in The Cannabis-Infused Beer Market
Anheuser-Busch InBev (Belgium), Heineken (Netherlands), CERIA Brewing Company (US), Two Roots Brewing Co (US), Canopy Growth Corporation (Canada), New Belgium Brewing Company (US), Green Times Brewing (UK), Humboldt Brewing Company (US), Long Trail Brewing Company (US), Coalition Brewing Company Ltd (UK), Hemper(US), Flying Dog Brewery (US), Keef Brand (US), Dupetit Natural Products GmbH (Germany) and Other Major Players
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Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
To ensure accuracy and reliability, our research leverages numerous primary and secondary sources. We employ industry-standard tools such as Porter's Five Forces Analysis, Swot Analysis, And Price Trend Analysis. Our extensive geographical coverage allows for a comprehensive understanding of regional trends and externally affecting factors.
Segmentation Analysis of the Cannabis-Infused Beer Market
Cannabis-Infused Beer market segments cover the Type, Component, and Distribution Channel. By Type, the Non-Alcoholic segment is Anticipated to Dominate the Market Over the Forecast period.
By Type
- Alcoholic
- Non-Alcoholic
By Component
- Tetrahydrocannabinol (THC)
- Cannabidiol (CBD)
By Distribution Channel
- Direct Sales
- Indirect Sales
- Online Stores
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The Cannabis-Infused Beer Market Trend Analysis
The Growing Popularity of Cannabis-Infused Products Supported by Liberal Social Policies Across Many Countries
There are currently 70 countries with some kind of legalization and some liberal societal policies around cannabis consumption. The cannabis market is evolving quickly on a worldwide scale, coinciding with a wave of marijuana legalization for medical and recreational use. With billions of dollars being invested in the cannabis business today, a lot of market participants are primarily focused on drawing customers in with cannabis products created from medicinal marijuana.
In addition to consumers' passion for these goods, legalization has gained momentum in the last few years, and during that time, society's perceptions of cannabis have drastically shifted. For example, during the epidemic, dispensaries were deemed necessary businesses; Malta was the first nation in Europe to allow cannabis for recreational use; and food delivery firms began to include cannabis deliveries.
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)
Regional Analysis of The Cannabis-Infused Beer Market
The North American region strongly dominates Global Cannabis Sales and it will also maintain its dominance in the coming period too, due to greater adoption and legalization of marijuana across the North American countries the region is the greatest market for cannabis products. Further, such success of cannabis in the region is responsible for the healthy market for cannabis-infused beer also.
Along with the rising capital investments of various known cannabis companies, these businesses in the U.S. were able to raise 2.4 billion U.S. dollars in 2020. Not only the businesses but the number of cannabis consumers is also expected to grow in the United States and Canada, the US alone is projected to have close to 50 million consumers in the next 3-5 years.
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