Market Overview:
The Cannabis-Infused Beer is expected to grow at a significant growth rate, and the forecast period is 2022-2028, considering the base year as 2021.
Cannabis-infused beer is rapidly gaining popularity as recreational cannabis becomes legal in more regions. This unique beer is brewed with cannabinoids like CBD or THC and often has low alcohol content and no calories. The process is similar to traditional brewing, with the addition of cannabis oils or parts of the marijuana plant. Cannabis-infused beverages, particularly beer, have made a significant impact on the beverage industry, attracting beer lovers looking for a new experience. The market for cannabis products, including cannabis beer, is thriving, especially in North America.
Top Key Players in the Cannabis-Infused Beer Market:
- Anheuser-Busch InBev (Belgium)
- Heineken (Netherlands)
- CERIA Brewing Company (US)
- Two Roots Brewing Co (US)
- Canopy Growth Corporation (Canada)
- New Belgium Brewing Company (US)
- Green Times Brewing (UK)
- Humboldt Brewing Company (US)
- Long Trail Brewing Company (US)
- Coalition Brewing Company Ltd (UK)
- Hemper(US)
- Flying Dog Brewery (US)
- Keef Brand (US)
- Dupetit Natural Products GmbH (Germany) and Other Major Players
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Market Dynamics and Factors:
The global cannabis market is rapidly evolving, driven by the legalization of medical and recreational marijuana in numerous countries. With over 70 nations adopting some form of cannabis legalization, the industry is experiencing significant growth and investment. Consumer preferences are shifting towards cannabis-infused products, particularly edibles, and tinctures infused with concentrated marijuana oils. These products have gained popularity as societal views on cannabis have changed, with dispensaries being deemed essential during the pandemic and countries like Malta legalizing recreational cannabis use. The market is witnessing a surge in demand for these products, reflecting the increasing acceptance and normalization of cannabis worldwide.
Cannabis-infused beers offer a promising opportunity for brewers to tap into the growing market of cannabis products. With the legalization of cannabis in many regions, there is a rising demand for innovative and unique beverages. By combining the popularity of beer with the potential benefits of cannabis, breweries can attract a niche consumer base and stand out in a competitive market. The evolving regulatory landscape allows for experimentation with different flavors, dosages, and strains, providing breweries with the chance to create exciting and appealing cannabis-infused beers. With the market expanding, brewers have the opportunity to establish themselves as leaders in this emerging segment and cater to the increasing consumer interest in cannabis-infused beverages.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
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Key Industry Development:
In April 2023, ROSE LifeScience Inc., a prominent player in the Québec cannabis industry, officially launched its cannabis-infused iced tea beverage called 'TeaPot' in the Québec market. This product release is a result of their successful partnership with Entourage Health Corp. Through this collaboration, ROSE has taken the sativa lemon black iced tea beverage to market, making it available for purchase at Société québécoise du cannabis (SQDC) stores and online. The launch of 'TeaPot' expands on the previous work done by Entourage and the Boston Beer Company, who teamed up in 2021 to create a line of innovative cannabis-infused beverages specifically for the Canadian market.
In July 2022, HighBridge Premium, a renowned producer of recreational cannabis beverages, formed a joint venture with NanoHempTechLabs (NHTL) based in Houston. The collaboration aims to produce cannabis-infused beers in Texas, with production scheduled to commence in late July. HighBridge has worked closely with NHTL to develop formulas utilizing NHTL's nanotechnology for the extraction of Delta-9-tetrahydrocannabinol (THC) from hemp. According to the agreement, NHTL will initially produce 75,000 units of the HighBridge faux Beer suite. This partnership enables HighBridge to bring its premium cannabis-infused beer products to the Texas market, catering to the evolving demands of consumers in the region.
Cannabis-Infused Beer Market Report Highlight:
- By Type, the Non- Alcoholic segment holds a larger market share as compared to the Alcoholic Segment. The market for non-alcoholic beers infused with cannabis holds the largest share due to their widespread production and adoption. Non-alcoholic beers have gained popularity as an alternative to traditional alcoholic beverages, and their production has been driven by regulatory restrictions on cannabis-infused alcoholic beverages.
- By Component, the Cannabidiol (CBD) segment is expected to register the highest growth during the projected period. CBD is one of the most well-known and widely used cannabinoids found in the cannabis plant. It is known for its potential therapeutic benefits and non-psychoactive properties, making it appealing to a broad range of consumers.
- By Distribution Channel, the Direct Sales segment is expected to register the highest growth during the projected period. Direct sales allow breweries to have greater control over their products and build direct relationships with consumers.
- The North American region is expected to have the highest share of the Cannabis-Infused Beer Market over the projected period. The North American region has emerged as the leading market for cannabis products, driven by the widespread adoption and legalization of marijuana across multiple countries.
Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market roles, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Cannabis-Infused Beer Market.
Cannabis-Infused Beer Market Segmentation:
By Type
- Alcoholic
- Non-Alcoholic
By Component
- Tetrahydrocannabinol (THC)
- Cannabidiol (CBD)
By Distribution Channel
- Direct Sales
- Indirect Sales
- Online Stores
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For this report, Introspective Market Research has segmented the Cannabis-Infused Beer Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- US
- Canada
- Mexico
Eastern Europe
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Russia
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New Zealand
- Rest of APAC
Middle East Africa
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
Scope of the Report:
The latest research on the Cannabis-Infused Beer Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Cannabis-Infused Beer industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Cannabis-Infused Beer Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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