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 …
Tag Archives: Cannabis Beverages Market
Growing demand for healthier, non-alcoholic beverages and the appeal of cannabis for both medical and recreational purposes are propelling the market forward
Explosive growth in the Cannabis Beverages Market is caused by evolving consumer preferences and legalisation trends. Sales are expected to increase at a 17% CAGR from $1.2 billion in 2023 to $5.9 billion in 2033. Ads endorsing marijuana use for both medical and athletic purposes are fueling the growing trend of non-psychoactive CBD-infused beverages. Due to …
Cannabis Beverages Boom Upto US$ 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 …