The article cited AMA's Global Cannabis Beverages Market Study explored substantial growth with CAGR of %. According the report, Growing Prominence of Online Retailing is one of the primary growth factors for the market. Changing Consumer Behavior towards Beverages
is also expected to contribute significantly to the Cannabis Beverages market. Overall, Whiskey
applications of Cannabis Beverages, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Coca-Cola (United States), Lagunitas Brewing Company (United States), The Alkaline Water Company (United States), New Age Beverages Corporation (United States), Heineken N.V. (Netherlands), The Supreme Cannabis Company (Canada), General Cannabis Corporation (United States), Bhang Corporation (United States), Growpacker, Inc. (United States) and Dixie Elixirs (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as B2B, is boosting the Cannabis Beverages market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Cannabidiol (CBD), is boosting the Cannabis Beverages market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cannabis Beverages market identified that the demand is rising in many different parts of the world as "Increasing Social Acceptance of Cannabis Worldwide
". Furthermore, some recent industry insights like "On 13th March 2019, Growpacker Inc., a contract manufacturer of THC- and CBD-infused edibles and beverages in the United States announced the launch of its Brand Incubator and Accelerator Program, designed to fast-track both THC and CBD brands sold in California." is constantly making the industry dynamic. One of the challenges that industry facing is "Shelf Stability of Cannabis Beverages and Lack of Awareness among Consumers"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Cannabis Beverages market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Cannabis Beverages market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Cannabis Beverages market tight? Which application/end-user category or Product Type [Alcoholic and Non-Alcoholic] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cannabis Beverages market and other related sub-markets covered in the study.
o Key & emerging players in the Cannabis Beverages market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cannabis Beverages market size is calculated using market estimation process, the Cannabis Beverages market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cannabis Beverages market size has been validated using both top-down and bottom-up approaches.