Cannabis Food and Beverage Market in Emerging Economies will witness a CAGR of 26.6 % through 2026
Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/6298
Increase in production of recreational or medical cannabis in various countries and rise in demand for cannabis-based wellness drink fuel the growth of the global cannabis food and beverage market. On the other hand, shortage of supply in high-quality cannabis curbs the growth to certain extent. However, initiatives taken in legalizing cannabis-based food and beverage product, and surge in use of cannabis in various health disorders are expected to create a number of opportunities in the industry.
Based on distribution channel, the specialty store segment accounted for more than two-fifths of the global cannabis food and beverage market share in 2018, and is anticipated to dominate during the estimated period. This is attributed to the rising affluent population in emerging countries such as the U.S., Canada, and UK. At the same time, the online stores segment would showcase the fastest CAGR of 29.1% throughout the forecast period. This is due to rise in Internet penetration across the globe.
Based on source, the bakery products segment contributed to one-fifth of the global cannabis food and beverage market share in 2018, and is expected to lead the trail till 2026. Launch of more innovative foods, in the bakery industry, made of cannabis is expected to drive the growth of the segment. The cereal bars segment, on the other hand, would cite the fastest CAGR of 28.5% during 2019-2026. Rise in purchasing power, which has immensely increased in the last few years, is likely to fuel the demand for cereal bars during the period.
Request For Discount On This Report @ https://www.alliedmarketresearch.com/purchase-enquiry/6298
Frontrunners in the industry-
o Dixie Brands Inc.
o The Alkaline Water Company
o Coalition brewing
o Natural Extractions
o Beverages Trade Network
o The Supreme Cannabis Company
o New Age Beverages Corporation
o General Cannabis Corporation
o Koios Beverage Corporation
Based on geography, North America garnered the largest share in 2018, holding more than two-fifths of the global cannabis food and beverage market. Canada has recently made cannabis legal and hence, many manufacturers are entering the cannabis food and beverages industry, which is penetrating the market with more products, thereby helping the cannabis food and beverages market to grow in this region. Simultaneously, the region across LAMEA would grow at the fastest CAGR of 28.1% by the end of 2026. With increase in production of cannabis from farming, manufactures are also welcoming the supply from the farmers and are inventing newer products with different attractive flavors, thus boosting the market growth.
Access Full Report Summary: https://www.alliedmarketresearch.com/cannabis-food-and-beverage-market
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Market Pulse: https://blog.alliedmarketresearch.com/
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cannabis Food and Beverage Market in Emerging Economies will witness a CAGR of 26.6 % through 2026 here
News-ID: 1929579 • Views: 211
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Beverage
Processed Food & Beverage Preservatives Market 2020-2026
The Processed Food & Beverage Preservatives Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Processed Food & Beverage Preservatives market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the
Instant Beverage Premixes Market
https://www.qandqmarketresearch.com/reports/7293858/instant-beverage-premixes-market-62 Instant beverage premixes are prepared drinks, which boost metabolism, enhance functionality, and provide healthy hydration. Instant beverage premix market analysis is primarily split into different type including instant coffee, instant tea, instant milk and instant health drinks and soups. In 2017, the global Instant Beverage Premixes market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of
Beverage Emulsion Market: Opportunity Map by 2025
Beverage emulsion is a well-known class of food item. It consists of a continuous aqueous phase, in which an oil phase that is discontinuously dispersed in the form of microscopic droplets. Beverage emulsions are generally distinguished as oil-in-water (O/W) emulsions. Dilute beverage emulsions are typically composed of a weighting agent in order to increase the density, flavour oil blend, and a polymeric emulsifier/stabilizer which consists of either gum acacia or
Quarterly Beverage Tracker Fourth Quarter 2016: Portugal
In Q4-16 consumption was influenced by the warmer average temperature. Consumption of alcoholic drinks increased in Q4-16, driven by beer which experienced a similar growth rate, owing to the favorable economic environment and good marketing activity from the main players. Private Label products lost market share at the hands of producer brands. Once more the sub-channels including online stores and duty-free shops in airports have done pretty well due to
Global Functional Beverage Market Research Report 2016
2016 Global Functional Beverage Industry Report is a professional and in-depth research report on the world’s major regional market conditions of the Functional Beverage industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). The report firstly introduced the Functional Beverage basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and
Beverage Dispensers: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Beverage Dispensers: Global Market Intelligence to its growing collection of premium market research reports. The report “Beverage Dispensers: Global Market Intelligence (2011-2020)” provides market intelligence on the different market segments, based on type, function, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through