Market Overview:

The global cannabis beverages market size was USD 2.04 billion in 2023 and is projected to grow from USD 3.09 billion in 2024 to USD 117.05 billion by 2032, at a CAGR of 57.50% during 2024-2032.

This information is provided by our researchers at Fortune Business Insights, in the report, titled, “Cannabis Beverages Market, 2024-2032.”

According to our expert analysts, the market is projected to attain traction from the rising penetration of cannabis in the unexploited consumer markets, such as Thailand and Australia, among others. Additionally, the surging consumers’ predisposition towards experimenting with novel and groundbreaking food and beverages has also improved the market performance.

List of Key Players Mentioned in the Market Report:

• Aurora Cannabis Inc. (Edmonton, Canada)
• Aphria Inc. (Leamington, Canada)
• Canopy Growth Corporation (Canada)
• MedReleaf Corp. (Edmonton, Canada)
• Cronos Group Inc. (Toronto, Canada)
• GW Pharmaceuticals, plc. (Cambridge, U.K.)
• CannTrust Holdings Inc. (Vaughan, Canada)
• VIVO Cannabis Inc. (Ontario, Canada)
• Tilray (Nanaimo, Canada)
• OrganiGram Holdings (Moncton, Canada)

Report Coverage:

The report presents a holistic study of the market along with current trends and upcoming estimations to institute approximate investment gains. An in-depth analysis of any forthcoming prospects, threats, competitions or driving factors are also declared in the report. Furthermore, methodical regional analysis of the market is offered.

Moreover, COVID-19 impacts have been added to the report to help investors and business owners to comprehend the jeopardies better. The top-tiered players in the market are recognized, and their tactics to reinforce the market growth are shared in the report.

Source: https://www.fortunebusinessinsights.com/industry-reports/cannabis-beverages-market-100738

Segmentation: