
NEW YORK, July 9, 2021 /PRNewswire/ --
The cannabis-based alcoholic beverages market is expected to grow by USD 430.56 million, progressing at a CAGR of 18.83% during the forecast period.
NEW YORK, July 9, 2021 /PRNewswire/ --
The cannabis-based alcoholic beverages market is expected to grow by USD 430.56 million, progressing at a CAGR of 18.83% during the forecast period.
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The increasing social acceptance of cannabis is one of the major factors propelling the market growth. However, negative health effects will hamper the market growth.
Cannabis-based Alcoholic Beverages Market: Product Landscape
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.
Cannabis-based Alcoholic Beverages Market: Geographic Landscape
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. 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.
More details: https://www.technavio.com/report/cannabis-based-alcoholic-beverages-market-industry-analysis
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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