Cannabis Infused Food and Beverages Market

Cannabis Infused Food and Beverages Market was estimated at USD 429 Million in 2017 and predicted to grow at 26.2% CAGR during the forecast period.

Cannabis infused food and beverages are those which contain marijuana extracts in them. Baked Foods, Candies, Tea, Wine etc. are some examples of cannabis infused forms of food and beverages present in the current market. The two major cannabis chemicals that have been used in these kinds of edibles or beverages are CBD (Cannabidiol) and THC (Tetra Hydra Cannabinol) Out of these, THC is psychoactive. Cannabis is a plant which belongs to the family of Cannabaceae. It is also known as hemp and the hemp fibre and oil were used for therapeutic needs and also in case of psychoactive drugs. The current era cannabis infused food and beverages market is inspired from Indian subcontinent, which has been the earliest user of Cannabis for this purpose.

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The rising demand of medical cannabis is the major driver for the growth of cannabis infused food and beverages market, which are marketed as well as consumed as wellness food or beverage. In addition, another major driver for the cannabis infused food and beverages is the social acceptance of cannabis in many countries. This acceptance has cleared path for the demand of recreational marijuana, providing a boost for the rising demand for the cannabis infused edibles and beverages. Moreover, the cannabis foods and beverages contain an optimum amount of marijuana along with clean ingredients. This fact has helped in people shifting from smoking marijuana to consuming these products, thus adding on to the growth of the cannabis infused edibles and beverages market. The major restraint of this market is that, this market hasn’t still got complete legalization permissions in many countries and the consumers need to be educated regarding the products properly before launching these products in a full-fledged form in the market.

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Various notable players in the market includes Beverages Trade Network, Coca-Cola, Coalition Brewing, Dutch Windmill Spirits, Koios Beverage Corporation, The Supreme Cannabis Company, Cannabis Sativa Inc., General Cannabis Corp., Organigram Holdings Inc., Alkaline Water Company and New age Beverages Corporation among others.

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The Global cannabis infused food and beverages market has been segmented by Product, by end users and key geographies. Based on products type the market comprises of Foods and Edibles and Beverages.The research report “Global cannabis infused food and beverages market” provides in-depth analysis of the global cannabis infused food and beverages market based on Products, end users and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global cannabis infused food and beverages market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

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Key questions answered in this research report:

1- At what pace is global cannabis infused food and beverages market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global cannabis infused food and beverages market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation

• By Products

• Foods and Edibles
• Snacks
• Packaged Foods
• Chocolates and Candies
• Others
• Beverages
• Alcoholic
• Wine
• Beer
• Others
• Non-Alcoholic
• Tea and Coffee
• Elixirs
• Cold-Beverages
• Others

• By End Users

• Households
• Hotels
• Restaurants
• Cafes
• Others

• By Geography

• North America
As a part of customization
• By Products
• By End Users
• US
• Canada
• Mexico

• Europe
As a part of customization
• By Products
• By End Users
• UK
• Germany
• Spain
• Rest of Europe

• Asia-Pacific
As a part of customization
• By Products
• By End Users
• China
• Australia
• India
• Rest APAC

• ROW
As a part of customization
• By Products
• By End Users
• Brazil
• South Africa
• GCC countries
• Rest of world (remaining countries of LAMEA region)

Leading Market Players
• Beverages Trade Network
• Coca-Cola
• Coalition Brewing
• Dutch Windmill Spirits
• Koios Beverage Corporation
• The Supreme Cannabis Company
• Cannabis Sativa Inc.
• General Cannabis Corp.
• Organigram Holdings Inc.
• Alkaline Water Company
• New age Beverages Corporation