The reception of cannabis beverages is supposed to increment at a CAGR of 17.00% during the estimate time frame. The cannabis beverages market is expected to ascend from US$ 1,227.3 Mn in 2023 to US$ 5,899.5 Mn in 2033. Because of overall population endeavours to sanction weed for both clinical and sporting purposes, the business’ advantage in …
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Cannabis Beverages Boom Upto US$ 5.9 billion in 2033 at 17% CAGR Fueled by CBD & Evolving Consumer Preferences & Legalization Trends | FMI
Explosive growth in the Cannabis Beverages Market is caused by evolving consumer preferences and legalisation trends. Sales are expected to grow from $1.2 billion in 2023 to $5.9 billion in 2033 at a 17% CAGR. The increasing popularity of non-psychoactive CBD-infused beverages is being driven by advertisements supporting the use of marijuana for both medical and …