A worldwide Hemp Beer business report contains a chapter on the global market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report not only saves precious time but also add credibility to the work. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work exhaustively to formulate this market document.

Data Bridge Market Research analyses that the hemp beer market was valued at USD 3.43 billion in 2021 and is expected to reach the value of USD 5.76 billion by 2029, at a CAGR of 6.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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The large scale Hemp Beer market research document include several details that are very useful to the reader to understand the context of the information that is presented. Following type of information will help the reader in knowing how to interpret the results. The types of respondents: customers, prospects, or the general public, the size of the sample: big, small, or medium, method to collect the data, the time at which research is conducted and more.

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Market Definition

Hemp beer refer to small, brown beer of the Cannabis Sativa plant. They contain less than 1% of psychoactive drugs, whereas marijuana contains more than 20%. Hemp beer are an excellent source of easily digestible proteins, fibres, amino acids, antioxidants, essential fats, iron, and vitamins.

Hemp Beer Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Alcoholic and Non-Alcoholic), Component (Cannabidiol (CBD) and Tetrahydrocannabinol (THC)), Distribution Channel (Direct, Indirect)

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Canopy Growth Corporation (Canada), Heineken (Netherlands), Sprig (U.S.), Ceria Infused (U.S.), Two Roots Brewing Co (U.S.), Flying Dog Brewery (U.S.), Keef Brand (U.S.), Coalition Brewing (U.K.), dupetit Natural Products GmbH (Germany), Anheuser-Busch Companies LLC (Belgium), Green Times Brewing (U.K.), HEMPER (U.S.)

Opportunities

  • Alcohol companies are shifting their focus to hemp in order to capture a larger market
  • R&D activities and new product launches in order to attract customers and increase sales
  • The growing consumer demand for sustainable goods

Global Hemp Beer Market Dynamics

Drivers

  • Consumers shift of consuming hemp from smoking towards beverage or other edible product

The presence of appropriate amounts of hemp in the beverages, as well as the presence of low sugar content in the products, are major factors driving market growth. Legalization of marijuana use for recreational and medical purposes in many countries will drive the production and demand for cannabis infused beverages. The use of cannabis to treat cancer, pain, and neurological disorders will also boost market growth. Hemp consumers will shift their focus away from smoking hemp and toward other products such as beverages, chocolates, and tinctures, thereby supporting market growth.

  • Growing demand for hemp based nutraceuticals and personal care products

Hemp is a versatile plant whose ingredients are used to make nutritious food. It is related to Cannabis and is a member of the same family. They outperform chia and flax seeds as they contain both GLA (gamma-linoleic acid) and CLA (conjugated linoleic acid). It also has a healthy fatty acid ratio, 10 essential amino acids, and is high in dietary fibres. The main vitamins found in hemp are phosphorus, potassium, sodium, magnesium, sulphur, calcium, iron, and zinc. Furthermore, hemp is considered allergy-free when compared to other plant protein sources.

Opportunities

Alcohol companies are shifting their focus to hemp to capture a larger market share through R&D activities and new product launches to attract customers and increase sales, which will create growth opportunities for the hemp beer market during the forecast period. The growing consumer demand for sustainable goods, combined with corporate and government initiatives and support, is expected to fuel the growth of hemp-based products.

Restraints

However, the high production cost and strict regulation and policies are expected to act as a restraint on the growth of the hemp beer market. In contrast, the easy availability of substitute sources may pose a challenge to the market's growth.

This hemp beer market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the hemp beer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Recent Development

  • In May 2019, GenCanna and Atalo Holdings formed a strategic partnership to build a vertically integrated hemp processing and distribution facility in Kentucky.
  • In May 2019, GenCanna and Thar PArocess announced a collaboration to bring the new CO2 hemp extraction technology to market.
  • in January 2019, Hemp Inc. formed a joint venture with Hemp Healthcare to sell high-end CBD and hemp-based products, expanding the company's presence in Arizona.

Segmentation:

The hemp beer market is segmented on the basis of type, component and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Alcoholic
  • Non-alcoholic

Component

  • Cannabidiol (CBD)
  • Tetrahydrocannabinol (THC)

Distribution channel

  • Direct
  • Indirect
  • Online
  • Modern trade format
  • Convenience stores
  • Departmental stores
  • Retails
  • Others

The major Key Players covered in the Hemp Beer Market report are:

The major players covered in the Hemp Beer market report are

  • Canopy Growth Corporation (Canada)
  • Heineken (Netherlands)
  • Sprig (U.S.)
  • Ceria Infused (U.S.)
  • Two Roots Brewing Co (U.S.)
  • Flying Dog Brewery (U.S.)
  • Keef Brand (U.S.)
  • Coalition Brewing (U.K.)
  • dupetit Natural Products GmbH (Germany)
  • Anheuser-Busch Companies LLC (Belgium)
  • Green Times Brewing (U.K.)
  • HEMPER (U.S.)

among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Attractions of the Hemp Beer Market Report: -

  • Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
  • The forecast Hemp Beer Market data will help in the feasibility analysis, market size estimation and development
  • The report serves as a complete guide which micro monitors all vital Hemp Beer Market
  • A concise market view will provide ease of understanding.
  • Nut Oil Market Competitive market view will help the players in making a right move

What benefits does DBM research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Some Points from Table of Content

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Hemp Beer Market Landscape

Part 04: Hemp Beer Market Sizing

Part 05: Hemp Beer Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Request TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-hemp-beer-market

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