Cannabis-Infused Beer Market Development Trends: Demand and Opportunities | Report Analysis By Introspective Market Research
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.
Cannabidiol (CBD) or Tetrahydrocannabinol (THC), the two most prominent cannabinoids in the cannabis plant, are used to make Cannabis-Infused Beer. In addition, cannabis-infused beer typically contains no calories and contains very little alcohol. As recreational cannabis products become legal in many countries, this kind of beer that contains weed’s chemical components is gaining a lot of popularity. Cannabis-Infused beer is brewed with barley and infused with cannabis oil or THC and CBD oils in a manner that is very similar to that of traditional beer. Instead of being infused with cannabis oils, Cannabis beer is now also brewed using crushed stocks, stems, and roots. Furthermore, rather than utilizing grain (wheat) in the blending system, brewers may likewise utilize weed.
Top Key Players Covered 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)
- beleaf medical (US)
- Coalition Brewing Company Ltd (UK), and Other Major Players
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Market Dynamics and Factors:
The cannabis market around the world is changing quickly, and this change is happening at the same time as a wave of medical and recreational marijuana legalization. As of right now, 70 countries have some kind of legalization or free social policies for using cannabis. With billions of dollars invested in the cannabis industry today, many market players are primarily concentrating on attracting customers by offering medical marijuana-derived cannabis products. Foods/edibles and tinctures infused with concentrated marijuana oils are examples of products made with medical and recreational marijuana. Cannabis-infused edibles are currently the most common type of product, and in the past two years, cannabis-infused drinks have also gained popularity.
It is documented that each year, new legal cannabis legislation or referendums on the ballot offer new opportunities for opening new markets in the cannabis industry, which is constantly expanding. This opportunity will assist numerous owners of large and small businesses in navigating international markets with enormous growth potential. In addition, the makers of Kraft Beer are putting a growing emphasis on creating healthy, non-alcoholic beers that may contain cannabis’s health benefits. It is anticipated that this will result in the introduction of thousands of additional brand-new technologies and products in the coming years to cater to the preferences of beer drinkers who prefer cannabis-infused products.
Cannabis-Infused Beer Market Report Highlight:
- By Type, the Non-Alcoholic segment is anticipated to lead the growth of the Cannabis-Infused Beer market in the forecasted timeframe. Cannabis-infused non-alcoholic beers dominate the market due to widespread production and consumption. Regulations are to blame for the rise in non-alcoholic beer production. Because laws prohibit them from combining alcohol and psychoactive cannabis, the producers of cannabis beer already make non-alcoholic beers as bases for their infused brews. As a result, sales of non-alcoholic beer have increased significantly over the past few years.
- By Component, the Cannabidiol (CBD) segment is expected to have the highest share of the Cannabis-Infused Beer market over the projected period. CBD lager is made by imbuing a non-alcoholic flavor base made with jumps and grain with CBD oil. Breweries make it by using a traditional brewing method, removing alcohol, and adding a nano-emulsified form of CBD.
- By Distribution Channel, the online segment is set to develop at the highest CAGR during the forecasted timeframe. Due to the rapid spread of cannabis-based food products across e-commerce platforms. In the cannabis food and beverage market, the availability of cannabis drinks on leading online platforms is also crucial.
- The North American region is expected to have the highest share of the Cannabis-Infused Beer market over the projected period. Due to the increased use and legalization of marijuana in North American nations, the North American region is the largest market for cannabis products and will continue to dominate Global Cannabis Sales in the foreseeable future.
Key Industry Development:
In November 2021, a partnership to bring cannabis-infused, non-alcoholic beer to Canada was announced by Two Roots Brewing, a non-alcoholic craft beer producer, and Truss Beverage Co., a cannabis beverage company. Two beers infused with THC and CBD, Bedfellows Haus Mates and Bedfellows Indie Pals will be available under the new Bedfellows Liquid Arts brand for the beer products.
In August 2021, Under the authority of parent company BeLeaf Medical, SWADE Cannabis, and Phytos Cannabis announced a partnership with O’Fallon Brewery to launch MOHI, a THC-infused, non-alcoholic beer. MOHI is a wheat beer with orange, citrus, and vanilla flavors. Thanks to nano-emulsified THC, the beer has a 15-minute onset for customers.
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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
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, 2022-2028)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest Of Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- 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 2022 to 2028. 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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