Cannabis-based alcoholic beverages are produced through the infusion of cannabis flower, hemp seeds, CBD, and cannabis terpenes into alcoholic drinks such as gin, whiskey, vodka, absinthe, beer, and wine. Many alcoholic beverage manufacturers are infusing THC as well as CBD into a myriad number of drinks, including margaritas, cider, and soda.
The cannabis-based alcoholic beverages market has witnessed significant growth owing to factors such as a rise in massive demand for wellness as well as alcoholic drinks among the customers and availability of the product in new flavors. Apparently, the use of cannabis in effectively treating insomnia, neurological diseases, epilepsy, cancer, psychotic ailments, anxiety, chronic pain, and seizures will further boost the market demand. However, the ban on the production and consumption of cannabis in some countries such as India is projected to hamper the overall growth of the cannabis-based alcoholic beverages market.
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1. Anheuser-Busch InBev
2. California Dreamin’
4. Dutch Windmill Spirits BV
5. Heineken NV
6. Klosterbrauerei Wei?enohe GmbH and Co.KG
7. MJ Wines LLC
8. NABC, Inc.
9. Rebel Coast Winery
The global cannabis-based alcoholic beverages market is segmented on the basis of product and end use. On the basis of product, the cannabis-based alcoholic beverages market is segmented into cannabis-infused beers, cannabis-infused spirits, and cannabis-infused wines. On the basis of end use, the cannabis-based alcoholic beverages market is segmented into households, restaurants, hotels, and cafes.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cannabis-based alcoholic beverages market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cannabis-based alcoholic beverages market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cannabis-based alcoholic beverages market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cannabis-based alcoholic beverages market in these regions.