Cannabis Beverage Market Trends and Demands: Valued at USD 964.5 Million, Set for [Growth] at 4.7% CAGR
According to TechSci Research report, “ Global Cannabis Beverage Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Cannabis Beverage Market stood at USD 964.5 million in 2022 and is anticipated to grow with a CAGR of 4.7% in the forecast period, 2024-2028. The cannabis beverages market is experiencing significant growth and transformation as more countries legalize both medicinal and recreational cannabis use. Cannabis-infused beverages offer a unique and socially acceptable way to consume cannabis, attracting consumers who may not be comfortable with traditional smoking or vaping methods. This shift in consumption habits is particularly pronounced among older demographics and new cannabis users who may be more hesitant to try traditional forms of consumption. Cannabis beverages provide a familiar and approachable way to enter the cannabis market, appealing to a broad spectrum of consumers. ...