• Report Description
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Legal cannabis food & beverage is a thriving market across the globe. World perception towards cannabis is changing remarkably, even governments across the globe are believing cannabis should be removed from the criminal justice system and regulated like alcohol and tobacco. Cannabis is one of the hottest topics in the food and beverage industry. Cannabidiol-infused food & beverage products are witnessing great demand across the globe especially in countries with minimum restriction for cannabis. The global cannabis-infused food & beverage market was estimated at USD XX.X Billion in 2018 and is estimated to grow at a CAGR of XX.X% during the forecast period i.e. 2019-2024.

Market Insights

Growth Drivers – Cannabis-infused Food & Beverage Market

Legalization

Cannabis laws are changing at a rapid pace across every region. Governments across the globe are legalizing some form of marijuana to be used in specific applications. As the governments are easing the rules regarding marijuana use, the food & beverage industry is stepping forward to dig benefits from this trend. This rise in interest among food & beverage industry regarding cannabis is likely to encourage the market growth of cannabis-infused edibles in the coming years. Even mainstream companies are looking forward to investing in cannabis-infused food & beverage space. Among many legalized forms of marijuana, Cannabidiol (CBD) is the most appreciated form in the food & beverage industry.

Health and Wellness

Health and Wellness is a trend that has been the fundamental driver of cannabis-infused food and beverages market worldwide, and it is expected that this trend will continue to accelerate in the upcoming years. Cannabis infused products such as cannabinoid-infused food & beverage offer numerous health benefits and it is being consumed by millions of people either for pleasure or to treat conditions, such as chronic pain, cancer-related symptoms, and anxiety.

Introduction of Different Cannabis-infused Food & Beverage Products

Cannabis-infused food & beverage products come in many different varieties including brownies, candy, chocolate bars, cookies, drinks, pills, snacks, spreads and more. Food & beverage companies are constantly introducing new food & beverage products infused with different forms of cannabis in order to target different consumer categories. Although, there are so many delicious products currently available—from sweets like chocolates, ice cream or candies to savory items like medicated pizza, BBQ sauce or chips, the possibilities appear to be endless when it comes to these cannabis-infused foods & beverage products.

Changing Consumer Preference 

With a rising disposable income of the consumers and improving living standards has encouraged the demand for innovations in food & beverage. Consumers want fortified and functional foods that promote gut health, fuel their brains and benefit their physical appearance. Consumers across the globe are getting aware of cannabis-infused food & beverage products through internet and social media and are extremely excited to bring these products to their dining table. Apart from this, patients are also great lovers of cannabis-infused edibles as it helps them to relax and to tackle chronic diseases.

Cannabis-infused Food & Beverage Market

Barriers – Cannabis-infused Food & Beverage Market

Potential Health Risks

The major threats to the progression of cannabis-infused food & beverage products markets are potential health risks associated with consumption of such products. Consuming several forms of cannabis-infused food & beverage products can be psychoactive and can also create health issue to consumers with a weak physical condition. There are several cases registered of patients having problems with consumption of cannabis-infused food & beverage products.

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Market Trends – Cannabis-infused Food & Beverage Market

Online Stores for Cannabis-infused Food & Beverage Products

The manufactures of such products are strongly considering online channels to market & distribute these cannabis-infused foods & beverage products. Online stores have emerged as the most favorable sales channel in cannabis-infused food & beverage products market since it is easily accessible to large consumer base around the globe.

Segmentation Analysis

The cannabis-infused food & beverage market is segmented in different categories including by purpose, distribution channel and by product type. The market is segmented by purpose into recreational and medical. Among this segment, the medical segment is expected to capture lion shares of the market in 2018. Global cannabis-infused food & beverage for medical purposes segment was totaled at USD XXX.X billion in 2018 and is projected to reach USD XXX.X billion in 2024 at a CAGR of XX.X% from 2019 to 2024. Cannabis-infused food & beverage products with medicinal qualities are most purchased products in recent years, however, cannabis-infused products for recreational purposes are gaining traction are likely to grow the segment at an unprecedent rate in the upcoming years.

Moreover, based on the product type, cannabis-infused food & beverage market is further sub-segmented into food and beverage products. Among this segment, food segment comprising of a range of food products such as smoothies, gummies, and others is expected to dominate cannabis-infused food & beverage market during the forecasted period and to grow at a CAGR of XX.X% over the forecast period. Apart from this, the beverage segment comprising of products such as tea, juice, water and is projected to witness remarkable growth in the upcoming years.

Geographical Analysis

Regionally, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. When it comes to cannabis-infused food & beverage market, North America is the leader in the legalization of cannabis is dominating the market. The North America region has acquired major market shares and is poised to continue its dominance in the coming years. Legalization of cannabis in North American countries has fueled the market in this region. However, Europe cannabis-infused food & beverage market is about to register a strong growth rate in the coming years as Europe is starting to embrace the shift towards marijuana legalization.

Competitive Analysis

The report also covers detailed competitive analysis of major market players of the global cannabis-infused food & beverage market, such as Neurogan, ACME Naturals, Single Seed, PureKana, Leif Goods, Not Pot, Lord Jones, CBD Genesis,  Alchimiaweb S.L., CannaCraft, and other major & notable players. Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by business segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).

Segmentation

By Purpose
- Recreational
- Medical

By Product
- Cannabis-infused Food
- Cannabis-infused Beverage

By Distribution Channel:
- Online Stores
- Offline Stores

By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape
The report profiles various major market players such as
- Neurogan
- ACME Naturals
- SingleSeed
- PureKana
- Leif Goods
- Not Pot
- Lord Jones
- CBD Genesis
- Alchimiaweb S.L.
- CannaCraft
- Other Major & Niche Players

The study also provides a company’s positioning and market share in cannabis-infused food & beverage market.

Timeline Considered for Analysis: 
- 2018: Base Year
- 2019: Estimated Year
- 2019 to 2024: Forecast Period

Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis

Market Segmentation Analysis:
Industry report analyzes the global cannabis-infused food & beverage market by the following segments:
- Purpose
- Product Type
- Distribution Channel

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Cannabis Infused Food & Beverage Industry Report
- What is the overall market size in 2018? What will be the market growth during the forecast period i.e. 2019-2024?
- Which region would have a high demand for the product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary

2. Growth Drivers & Issues in Global Cannabis-infused Food & Beverage Market
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Europe
2.5. Middle East & Africa

3. Global Cannabis-infused Food & Beverage Market Trends

4. Opportunities in Global Cannabis-infused Food & Beverage Market

5. Recent Industry Activities, 2018

6. Porter's Five Forces Analysis

7. Macro-Economic Trends

8. PEST Analysis

9. Market Value Chain and Supply Chain Analysis

10. Global Cannabis-infused Food & Beverage Market Value (USD Million), 2018-2024

11. Global Cannabis-infused Food & Beverage Market Segmentation Analysis, By Product Type
11.1. Introduction
11.2. Market Attractiveness, By Product Type
11.3. BPS Analysis, By Product Type
11.4. Cannabis-infused Food Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.5. Cannabis-infused Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12. Global Cannabis-infused Food & Beverage Market Segmentation Analysis, By Purpose
12.1. Introduction
12.2. Market Attractiveness, By Purpose
12.3. BPS Analysis, By Purpose
12.4. Recreational Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.5. Medical Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13. Global Cannabis-infused Food & Beverage Market Segmentation Analysis, By Distribution Channel
13.1. Introduction
13.2. Market Attractiveness, By Distribution Channel
13.3. BPS Analysis, By Distribution Channel
13.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14. Geographical Analysis
14.1. Introduction
14.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1. By Product Type
14.2.1.1. Introduction
14.2.1.2. Market Attractiveness, By Product Type
14.2.1.3. BPS Analysis, By Product Type
14.2.1.4. Cannabis-infused Food Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.5. Cannabis-infused Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2. By Purpose
14.2.2.1. Introduction
14.2.2.2. Market Attractiveness, By Purpose
14.2.2.3. BPS Analysis, By Purpose
14.2.2.4. Recreational Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.5. Medical Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3. By Distribution Channel
14.2.3.1. Introduction
14.2.3.2. Market Attractiveness, By Distribution Channel
14.2.3.3. BPS Analysis, By Distribution Channel
14.2.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.4. By Country
14.2.4.1. Market Attractiveness, By Country
14.2.4.2. BPS Analysis, By Country
14.2.4.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.4.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1. By Product Type
14.3.1.1. Introduction
14.3.1.2. Market Attractiveness, By Product Type
14.3.1.3. BPS Analysis, By Product Type
14.3.1.4. Cannabis-infused Food Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.5. Cannabis-infused Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2. By Purpose
14.3.2.1. Introduction
14.3.2.2. Market Attractiveness, By Purpose
14.3.2.3. BPS Analysis, By Purpose
14.3.2.4. Recreational Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.5. Medical Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3. By Distribution Channel
14.3.3.1. Introduction
14.3.3.2. Market Attractiveness, By Distribution Channel
14.3.3.3. BPS Analysis, By Distribution Channel
14.3.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4. By Country
14.3.4.1. Market Attractiveness, By Country
14.3.4.2. BPS Analysis, By Country
14.3.4.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1. By Product Type
14.4.1.1. Introduction
14.4.1.2. Market Attractiveness, By Product Type
14.4.1.3. BPS Analysis, By Product Type
14.4.1.4. Cannabis-infused Food Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.5. Cannabis-infused Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2. By Purpose
14.4.2.1. Introduction
14.4.2.2. Market Attractiveness, By Purpose
14.4.2.3. BPS Analysis, By Purpose
14.4.2.4. Recreational Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.5. Medical Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3. By Distribution Channel
14.4.3.1. Introduction
14.4.3.2. Market Attractiveness, By Distribution Channel
14.4.3.3. BPS Analysis, By Distribution Channel
14.4.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4. By Country
14.4.4.1. Market Attractiveness, By Country
14.4.4.2. BPS Analysis, By Country
14.4.4.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1. By Product Type
14.5.1.1. Introduction
14.5.1.2. Market Attractiveness, By Product Type
14.5.1.3. BPS Analysis, By Product Type
14.5.1.4. Cannabis-infused Food Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.5. Cannabis-infused Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2. By Purpose
14.5.2.1. Introduction
14.5.2.2. Market Attractiveness, By Purpose
14.5.2.3. BPS Analysis, By Purpose
14.5.2.4. Recreational Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.5. Medical Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3. By Distribution Channel
14.5.3.1. Introduction
14.5.3.2. Market Attractiveness, By Distribution Channel
14.5.3.3. BPS Analysis, By Distribution Channel
14.5.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4. By Country
14.5.4.1. Market Attractiveness, By Country
14.5.4.2. BPS Analysis, By Country
14.5.4.3. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.4. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.5. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6. Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1. By Product Type
14.6.1.1. Introduction
14.6.1.2. Market Attractiveness, By Product Type
14.6.1.3. BPS Analysis, By Product Type
14.6.1.4. Cannabis-infused Food Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.5. Cannabis-infused Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2. By Purpose
14.6.2.1. Introduction
14.6.2.2. Market Attractiveness, By Purpose
14.6.2.3. BPS Analysis, By Purpose
14.6.2.4. Recreational Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2.5. Medical Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3. By Distribution Channel
14.6.3.1. Introduction
14.6.3.2. Market Attractiveness, By Distribution Channel
14.6.3.3. BPS Analysis, By Distribution Channel
14.6.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4. By Geography
14.6.4.1. Market Attractiveness, By Geography
14.6.4.2. BPS Analysis, By Geography
14.6.4.3. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.4. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.5. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.6. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

15. Competitive Landscape
15.1. Market Share of Key Players
15.2. Market Positioning of Major Players in Global Cannabis-infused Food & Beverage Market
15.3. Company Profiles
15.3.1. Neurogan
15.3.1.1. Company Overview
15.3.1.2. Product Offered
15.3.1.3. Business Strategy
15.3.1.4. Financials
15.3.1.5. SWOT Analysis
15.3.1.6. Market Share Analysis
15.3.1.7. Key Achievements & Developments
15.3.2. ACME Naturals
15.3.3. SingleSeed
15.3.4. PureKana
15.3.5. Leif Goods
15.3.6. Not Pot
15.3.7. Lord Jones
15.3.8. CBD Genesis
15.3.9. Alchimiaweb S.L.
15.3.10. CannaCraft
15.3.11. Other Major & Niche Players

16. Disclaimer

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