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Global Cannabis Beverages Market Analysis Report 2023-2030 ... - GlobeNewswire
Dublin, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The "Cannabis Beverages: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Cannabis Beverages Market to Reach $3.9 Billion by 2030
The global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to reach a revised size of US$3.9 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2022-2030.
The global market for cannabis beverages is experiencing significant growth, with sales expected to increase steadily from 2022 through 2030. The market encompasses a range of products, including non-alcoholic and alcoholic cannabis beverages, as well as those containing Tetrahydrocannabinol (THC) and Cannabidiol (CBD).
As the market evolves, it presents opportunities and challenges, making it essential to monitor and adapt to changing trends and consumer preferences. This comprehensive assessment provides valuable insights into the cannabis beverages market's past, present, and future dynamics, aiding in strategic decision-making for businesses operating in this evolving industry.
Non-Alcoholic, one of the segments analyzed in the report, is projected to record a 18.2% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Alcoholic segment is readjusted to a revised 16.6% CAGR for the next 8-year period.
The Cannabis Beverages market in the U.S. is estimated at...