Cannabis Beverages Market Analysis

The cannabis beverages market is segmented by type, constituent, distribution channel, application, end-user, and region. Among product type segmentation, the non-alcoholic beverages segment holds the leading market share attributable to the increasing demand for smoke-free cannabis, awareness regarding the medical influence of marijuana on explicit health conditions, and legalization of recreational use of cannabis in certain regions.

Our in-depth analysis of the global market includes the following segments:

By Type	Alcoholic Cannabis-infused beers Cannabis-infused spirits Cannabis-infused wines Others Non-Alcoholic Marijuana tea Marijuana elixirs Cannabis soda Cannabis coffee Cold-brew
By Constituent	Cannabidiol (CBD) Tetrahydrocannabinol (THC)
By Distribution Channel	B2B B2C Supermarkets/hypermarkets Convenience Stores Specialty stores Online Others
By Application	Medication Recreation
By End-Use	Household Hotels/ Restaurants/ Cafes (HORECA)

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cannabis beverages is evaluated at USD 2.83 billion.

Cannabis Beverages Market size was over USD 1.95 billion in 2023 and is poised to exceed USD 642.52 billion by 2036, witnessing over 56.2% CAGR during the forecast period i.e., between 2024-2036.

North America industry is likely to hold largest revenue share by 2036, attributed to growing spending on cannabis beverages, the prevalence of legislation norms, and presence of many private players in the region.

The major players in the market are Aurora Cannabis, Aphria Inc., Canopy Growth Corporation, Cronos Group, MedReleaf Corp., GW Pharmaceuticals plc., CannTrust Holdings Inc., VIVO Cannabis Inc., Tilray, Organigram Holdings Inc., and others.

Cannabis Beverages Market Analysis