Cannabis-based Alcoholic Beverage Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR40777
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 Cannabis-based Alcoholic Beverages Market - 2021-2025

The cannabis-based alcoholic beverages market size is expected to reach a value of USD 430.56 million during 2021-2025 at a CAGR of 18.83%. This research study helps in deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as increasing social acceptance of cannabis are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Cannabis-based Alcoholic Beverages Market Size

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Cannabis-based Alcoholic Beverages Market Segments

Navigate through market segmentation by product (cannabis-infused beers, cannabis-infused spirits, and cannabis-infused wines), type (cannabis-infused beers, CIS (cannabis-infused spirits), and CIW (cannabis-infused wines)), and geography (North America, Europe, APAC, South America, and MEA) in this cannabis-based alcoholic beverages market report to pursue growth opportunities.

Get actionable insights on the cannabis-based alcoholic beverages market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic cannabis-based alcoholic beverages market predictions on demand changes for 2021-2025? You can buy the report now with one easy click.

Cannabis-based Alcoholic Beverages Market Vendors and Competitive Analysis

The cannabis-based alcoholic beverages market is fragmented and the vendors are deploying growth strategies such as focusing on positioning and pricing of products to gain competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full cannabis-based alcoholic beverages market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Cannabis-based Alcoholic Beverages Market Vendors

Cannabis-based Alcoholic Beverages Market - Region Opportunities 2021-2025

51% of the cannabis-based alcoholic beverages market growth will originate from North America during the forecast period. Canada and the US are the key markets for the cannabis-based alcoholic beverages market in North America. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Cannabis-based Alcoholic Beverages Market Share by Geography

North America has been exhibiting a significant growth rate for cannabis-based alcoholic beverages market vendors. Factors such as the increasing number of new product launches and collaborations between major vendors in the alcoholic beverages sector  are accelerating the cannabis-based alcoholic beverages market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The cannabis-based alcoholic beverages market share growth in North America will be slower than the growth of the market in Europe and South America. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Cannabis-based Alcoholic Beverages Market Insights by Product

Cannabis-based Alcoholic Beverages Market Share by Product

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The cannabis-based alcoholic beverages market share growth by the cannabis-infused beers segment will be significant during the forecast period. The cannabis-infused beers market segment has been witnessing multiple mergers and acquisitions over the last few years. This report provides an accurate prediction of the contribution of all the segments to the growth of the cannabis-based alcoholic beverages market size.

From the cannabis-based alcoholic beverages market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Cannabis-based Alcoholic Beverages Market Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding cannabis-based alcoholic beverages market growth is naive new vendors causing unhealthy price competition and lack of investment in cannabis sector. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

Increasing social acceptance of cannabis is a key driver for the cannabis-based alcoholic beverages market growth. The commonly held perceptions about cannabis being a mere intoxicant have changed across several nations as it is being considered a highly profitable venture in the long run. The growth of the cannabis market has significantly added to the income of several governments and boosted sales and revenues of major corporations. The rising popularity of recreational marijuana has provided traction to the global cannabis-based alcoholic beverages market. In the last decade, cannabis products have found a wide range of acceptance in countries such as the US, Canada, Spain, and Israel. In the next three years, it is expected that countries such as the UK, Mexico, the Czech Republic, and India will legalize cannabis for various uses within their domains. This will present a huge opportunity for vendors in the global cannabis-based alcoholic beverages market to gain revenue.

This cannabis-based alcoholic beverages market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Cannabis-based Alcoholic Beverages Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cannabis-based alcoholic beverages market growth during the next five years
  • Precise estimation of the cannabis-based alcoholic beverages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cannabis-based alcoholic beverages market across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cannabis-based alcoholic beverages market vendors

Buy the Cannabis-based Alcoholic Beverages Market report now to reimage your business strategies!

 

Cannabis-based Alcoholic Beverages Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 18.83%

Market growth 2021-2025

USD 430.56 million

Market structure

Fragmented

YoY growth (%)

16.82

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 51%

Key consumer countries

Canada, US, The Netherlands, Germany, and Spain

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Anheuser Busch InBev SA/NV, Anker Amsterdam Spirits BV, California Dreamin, CannaVines, Heineken NV, Klosterbrauereu WeiBenohe GmbH & Co. KG, MJ Wines LLC, NABC Inc., Rebel Coast Winery, and Winabis

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Cannabis-infused beers - Market size and forecast 2020-2025
    • Cannabis-infused spirits - Market size and forecast 2020-2025
    • Cannabis-infused wines - Market size and forecast 2020-2025

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Anheuser Busch InBev SA/NV
    • Anker Amsterdam Spirits BV
    • California Dreamin
    • CannaVines
    • Heineken NV
    • Klosterbrauereu WeiBenohe GmbH & Co. KG
    • MJ Wines LLC
    • NABC Inc.
    • Rebel Coast Winery
    • Winabis

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The cannabis-based alcoholic beverages market growth will increase by $155.28 million during 2019-2024.
    The cannabis-based alcoholic beverages market is expected to grow at a CAGR of 18.53% during 2019-2024.
    Technavio has segmented the cannabis-based alcoholic beverages market by product (Cannabis-infused beers, Cannabis-infused spirits, and Cannabis-infused wines) and geographic (North America, Europe, APAC, South America, and MEA).
    Anheuser-Busch InBev, CannaVines, Dutch Windmill Spirits BV, Heineken NV, Klosterbrauerei Weißenohe GmbH & Co.KG, MJ Wines LLC, NABC, Inc., Rebel Coast Winery, Winabis, Wine & Cannabis are a few of the key vendors in the cannabis-based alcoholic beverages market.
    North America will register the highest growth rate of 51.43% among the other regions. Therefore, the cannabis-based alcoholic beverages market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the cannabis-based alcoholic beverages market growth are:
    • Increasing social acceptance of cannabis
    • Growing prominence of online retailing
    The cannabis-based alcoholic beverages market vendors should focus on grabbing business opportunities from the cannabis-infused beers segment as it accounted for the largest market share in the base year.
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