Market Overview

Global Cannabis-based Alcoholic Beverages Market 2018-2022 to Post a CAGR of 17% Over the Next Five Years | Technavio

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Technavio
analysts forecast the global cannabis-based alcoholic beverages market
to grow at a CAGR close to 17% during the forecast period, according to
their latest market research report.

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Technavio has published a new market research report on the global cannabis-based alcoholic beverage ...

Technavio has published a new market research report on the global cannabis-based alcoholic beverages market from 2018-2022. (Photo: Business Wire)

The growing prominence of online retailing is one of the major trends
being witnessed in the global
cannabis-based alcoholic beverages market 2018-2022
. The growing
popularity of online retailing has enabled vendors to improve their
profit margins. The number of online transactions and the average amount
of money spent online per transaction is increasing worldwide. The
rising number of online shoppers and customers worldwide will lead to a
further growth in the sale of cannabis-based alcoholic beverages.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global cannabis-based alcoholic beverages market is
increasing social acceptance of cannabis:

Global cannabis-based alcoholic beverages
market: increasing social acceptance of cannabis

The commonly held perceptions about cannabis being a mere intoxicant
have changed across several nations. Over the past five years, the
global legal cannabis-based edibles and cannabis-based alcoholic
beverages market has been posting robust growth, alluring new vendors
and large investors to leverage the potential offered by this industry.
The growth of the cannabis market has significantly added to the income
of several governments and boosted sales and revenue of major
corporations. Therefore, with such advantages, it is expected that the
global market will face a positive outlook in the forecast period.

According to a senior analyst at Technavio for research on alcoholic
beverages "Increasing trend of legalization of cannabis is a major
factor that is boosting the growth of the market as several nations are
legalizing the use of marijuana for both recreational and medicinal
purposes."

Global cannabis-based alcoholic beverages
market: Segmentation analysis

The global cannabis-based alcoholic beverages market research report
provides market segmentation by product (cannabis-infused beers,
cannabis-infused spirits, and cannabis-infused wines), and by region
(the Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2017, accounting
for over 59% share, followed by the EMEA and APAC respectively. One of
the factors contributing to increased sales in all regions is the rise
in demand for cannabis-based edible products due to the legalization of
cannabis usage worldwide.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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