How Profitable is the Cannabis Food and Beverage Industry

Cannabis is considered as a genus of flowering plant which belongs to hemp family. Cannabis is popular plant which is known to possess several accepted therapeutic and medicinal benefits. Cannabis is widely used for ages to produce hemp seeds, oil, fiber and other derivatives which find its applications as vegetables and juices, or even for medical purposes. Almost, more than 100 different types of cannabinoids are available amongst which tetrahydrocannabinol (THC) and cannabidiol (CBD) are gaining popularity. Cannabis has been increasingly used as an innovative beverages among consumers.

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Cannabis Food and Beverage Market

The global cannabis food and beverage market is segmented on the basis of product type and distribution channel. On the basis of product type, the cannabis food and beverage market is segmented into bakery products, chocolate, cereal bars, candy, beverages, ice cream and others. The cannabis food and beverage market on the basis of the distribution channel is classified into mass merchandisers, specialty store, online stores and others.

Analysis of Company Profiles:

  • Alkaline88, LLC
  • Coalition Brewing
  • Dixie Brands Inc
  • Dutch Windmill Spirits B.V.
  • Energy Drink
  • GENERAL CANNABIS CORP
  • KOIOS Beverage Corp
  • Lagunitas Brewing Company
  • New Age Beverages Corporation
  • The Supreme Cannabis Company, Inc.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cannabis food and beverage market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cannabis food and beverage market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.