Cannabis-based Alcoholic Beverages industry, COVID-19 Impact and Global Analysis

MARKET INTRODUCTION

Cannabis-based alcoholic beverages are produced through the infusion of cannabis flower, hemp seeds, CBD, and cannabis terpenes into alcoholic drinks such as gin, whiskey, vodka, absinthe, beer, and wine. Many alcoholic beverage manufacturers are infusing THC as well as CBD into a myriad number of drinks, including margaritas, cider, and soda.
Cannabis-based alcoholic beverages

MARKET DYNAMICS

The cannabis-based alcoholic beverages market has witnessed significant growth owing to factors such as a rise in massive demand for wellness as well as alcoholic drinks among the customers and availability of the product in new flavors. Apparently, the use of cannabis in effectively treating insomnia, neurological diseases, epilepsy, cancer, psychotic ailments, anxiety, chronic pain, and seizures will further boost the market demand. However, the ban on the production and consumption of cannabis in some countries such as India is projected to hamper the overall growth of the cannabis-based alcoholic beverages market.

MARKET SCOPE

The "Global Cannabis-based alcoholic beverages Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cannabis-based alcoholic beverages market with detailed market segmentation by product, end use and geography. The global cannabis-based alcoholic beverages market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cannabis-based alcoholic beverages market players and offers key trends and opportunities in the market.

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