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CBD-Infused Beverages Market by Product Type (Alcoholic and Non-Alcoholic), By Nature Type (Organic and Conventional), By CBD Type (Marijuana-Derived, Hemp-Derived, and Synthetic), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others) By Region: Global and Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026

Industry Insights

[194+ Pages Report] The global CBD-infused Beverages market was valued at around USD 3,400 million in 2020 and is expected to make over USD 14,600 million by the end of 2026, with a CAGR of approximately 27.5% between 2021 and 2026.

logoMarket Overview

CBD is the abbreviation for cannabidiol. It's the second most common active component in cannabis (marijuana). CBD is extracted directly from the hemp plant, which is a relative of the marijuana plant and is an important component of medicinal marijuana. Despite the fact that CBD is a component of marijuana, it has no hallucinogenic effects on the human mind. "In people, CBD displays no effects suggestive of any misuse or dependency potential," according to a World Health Organization report. To date, there has been no evidence of public health issues linked to the use of pure CBD and its derivatives.

Water is injected with CBD particles to create CBD-infused beverages. The end product is a canned, usually sparkling beverage that tastes like flavored sparkling water or spiked seltzer. There are some “CBD-only” drinks on the market, but finding one without a trace of THC can be difficult. This is due to the difficulty of extracting pure CBD from cannabis plants without some THC remaining. CBD beverages are becoming more popular as cannabis-infused goods, such as medicinal and recreational marijuana, become legalized across the United States and around the world. CBD's appeal has been fuelled by its expanding availability combined with a growing health trend, with more and more people opting for "better-for-you" alternatives to sugary drinks. CBD-infused drinks of various types provide a great alternative, with health advantages to boot, because CBD beverages are sourced from a natural source.

CBD-Infused Beverages Market

logoIndustry Growth Factors

The market for CBD-infused drinks is largely driven by the rising authorization and certification for recreational cannabis in countries, such as the United States and Canada. Furthermore, because of the increasing incidence of numerous respiratory disorders, there is a growing movement away from smoking cannabis and adopting healthier edible options, which is pushing the market growth. Furthermore, the common accessibility of CBD-infused drinks such as coffee, fruit punch, cannabis cola tea, and other CBD-infused beverages across various legal marijuana outlets further augments the global industry.

Several key players manufacturing CBD-infused beverages also prefer investing in developing newly flavored beverages. For instance, in June 2018,  US craft brewer Lagunitas, a subsidiary of Heineken, launched a 5mg CBD-infused beverage named a Hi-Fi Hops. The company aimed at providing a no-calorie beverage infused with cannabis as a new innovative product for the company’s growth in the future.

Aside from that, the rising usage of CBD-infused drinks in cancer patients to treat nausea, weight loss, and poor appetite is fueling market expansion. Furthermore, its growing popularity as a functional drink among athletes and sportspeople has resulted in increased product demand in the sports nutrition industry. Numerous advancements in cannabis microdosing have resulted in the creation of alcohol-free beer produced from CBD, which is likely to fuel market expansion.

However, the market is expected to be hampered by stringent regulation and a lengthy approval procedure for CBD products, as well as severe negative effects associated with CBD intake. Nevertheless, the growing prevalence of the consumers towards organically sourced CBD usage in the beverages provides lucrative market growth opportunities for the market.

logoSegmentation Analysis

The global market is segregated based on product type, nature type, CBD type, distribution channel, and region

Based on type, the CBD-infused beverage market is divided into non-alcoholic and alcoholic categories. The market is increasing as more businesses enter the alcohol brewing industry to infuse the beer with CBD. People who utilize cannabis and alcoholic beverages are also contributing to the rise. Furthermore, the rising desire for spirits and beer among cannabis consumers is expected to boost product demand in the coming years.

logo Report Scope

Report Attribute

Details

Market Size in 2020

USD 3,400 Million

Projected Market Size in 2026

USD 14,600 Million

CAGR Growth Rate

27.5% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Cannabiniers, General Cannabis, Canopy Growth Corporation, Aurora Cannabis, Aphria Inc., Tilray, Daytrip Beverages, Lagunitas Brewing Company, Koios Beverage Corp., CBD Biotechnology Co. Ltd, G&Juice, K-Zen Beverages Inc., NewAge Inc., Alkaline88, LLC, Phivida Holdings Inc., CANNABIS SATIVA, INC, Puration and Honeydrop Beverages amongst others.

Key Segment

By Product Type, By Nature Type, By CBD Type, By Distribution Channel, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logo Regional Analysis

North America, followed by Europe, accounted for the biggest proportion of the market in 2020. The easy accessibility of cannabis as per the requirement, technological advancements in the production of CBD-infused drinks, availability of CBD consumers along with their growing perception toward CBD consumption for numerous health benefits, and increasing investments from leading players are all factors that contribute to this region's large share.

The second-largest market for CBD-infused beverages in Europe as the number of people willing to experience CBD-infused drinks is surging and manufacturers are also fulfilling the growing demand by introducing new flavored CBD-infused beverages. For instance, in November 2019 Endo Sport entered the CBD market by launching the UK’s first CBD-infused sports drink with two flavors: berry and orange consisting of 10mg CBD per 500ml bottle. The company claimed that their drink would help in muscle recovery and improve sleep aid. These drinks were made available by the brand in local convenience stores.

logo Competitive Players

Some main participants of the global CBD-infused beverages industry are Cannabiniers, General Cannabis, Canopy Growth Corporation, Aurora Cannabis, Aphria Inc., Tilray, Daytrip Beverages, Lagunitas Brewing Company, Koios Beverage Corp., CBD Biotechnology Co. Ltd, G&Juice, K-Zen Beverages Inc., NewAge Inc., Alkaline88, LLC, Phivida Holdings Inc., CANNABIS SATIVA, INC, Puration and Honeydrop Beverages amongst others.

logo By Product Type Segment Analysis

  • Alcoholic
  • Non-Alcoholic

logo By Nature Type Segment Analysis

  • Organic
  • Conventional

logo By CBD Type Segment Analysis

  • Marijuana-Derived
  • Hemp-Derived
  • Synthetic

logo By Distribution Channel Segment Analysis

  • Supermarkets and Hypermarkets
  • Specailty Stores
  • Online Retail
  • Others

logo By Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Covid-19

CBD-Infused Beverages Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Cannabiniers
  • General Cannabis
  • Canopy Growth Corporation
  • Aurora Cannabis
  • Aphria Inc.
  • Tilray
  • Daytrip Beverages
  • Lagunitas Brewing Company
  • Koios Beverage Corp.
  • CBD Biotechnology Co. Ltd
  • G&Juice
  • K-Zen Beverages Inc.
  • NewAge Inc.
  • Alkaline88 LLC
  • Phivida Holdings Inc.
  • CANNABIS SATIVA INC
  • Puration
  • Honeydrop Beverages

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating CBD-Infused Beverages Market.
According to Facts and Factors research report, the global CBD-Infused Beverages Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new CBD-Infused Beverages Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for CBD-Infused Beverages Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of CBD-Infused Beverages Market in North America over coming decade.
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