Press release
Hemp-Infused Beverage Market to Hit USD 21.49 Billion by 2030 at 28.9% CAGR
Hemp-Infused Beverage Market
The global Hemp-Infused Beverage market is experiencing significant expansion, driven by increasing consumer awareness of hemp's health benefits and a growing demand for functional, wellness-oriented drinks. In 2023, the market was valued at USD 3.63 billion and is projected to grow at a compound annual growth rate (CAGR) of 28.9% from 2024 to 2030.
๐๐๐ฆ๐ฉ-๐๐ง๐๐ฎ๐ฌ๐๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Hemp-Infused Beverage, a non-psychoactive compound derived from the plant, has been extensively researched for its potential health advantages, including stress and anxiety relief, pain management, and anti-inflammatory properties. The integration of Hemp into beverages such as teas, coffees, and energy drinks has gained traction, offering consumers a convenient way to incorporate hemp into their daily routines.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐: https://www.maximizemarketresearch.com/request-sample/35885/
๐๐๐ฆ๐ฉ-๐๐ง๐๐ฎ๐ฌ๐๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The adoption and growth of Hemp-Infused beverages vary across regions, influenced by regulatory frameworks, cultural acceptance, and market dynamics. Below is an overview of key developments in selected countries:
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam's beverage industry has witnessed significant mergers and acquisitions, indicating a dynamic market environment. A notable example is ๐ง๐ต๐ฎ๐ถ ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ'๐ acquisition of a 53.59% stake in ๐ฆ๐ฎ๐ถ๐ด๐ผ๐ป ๐๐ฒ๐ฒ๐ฟ ๐๐น๐ฐ๐ผ๐ต๐ผ๐น ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป (๐ฆ๐ฎ๐ฏ๐ฒ๐ฐ๐ผ) for $4.8 billion in 2017, marking one of the largest cross-border M&A deals in Vietnam's history.
While this deal did not specifically involve Hemp-Infused Beverage, it reflects the potential for future investments in the sector as market openness increases.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐๐ฃ ๐๐๐๐๐ก๐๐ฃ๐
Thailand has emerged as a pioneer in Southeast Asia by legalizing for medical and industrial purposes. The country's legal market size was estimated at USD 1.02 billion in 2023 and is expected to grow at a CAGR of 32.5% from 2024 to 2030.
This progressive stance creates a favorable environment for the introduction and growth of Hemp-Infused Beverage.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐๐ฃ๐๐จ ๐๐ฃ ๐ ๐๐ฅ๐๐ฃ
In Japan, the Hemp-Infused Beverage market is gradually gaining momentum, with increasing consumer interest in wellness products. The market size for hemp beverages is projected to reach USD 143.41 million in 2024, with a CAGR of 24.7% during the forecast period.
Japanese consumers' preference for health-oriented products presents a promising opportunity for Hemp-Infused Beverage manufacturers.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐ฅ๐ค๐ง๐ฉ๐ช๐ฃ๐๐ฉ๐๐๐จ ๐๐ฃ ๐๐ค๐ช๐ฉ๐ ๐๐ค๐ง๐๐
South Korea's Hemp-Infused Beverage market is anticipated to grow, driven by technological advancements and a rise in the healthcare sector. The market is projected to witness a CAGR of 25.3% during the forecast period, with a market size of USD 103.92 million in 2024.
Strategic alliances, such as mergers and acquisitions by key market players, are expected to further accelerate the growth of hemp products in the country.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐๐ฃ๐๐จ ๐๐ฃ ๐๐๐ฃ๐๐๐ฅ๐ค๐ง๐
Singapore maintains strict regulations regarding and its derivatives, including Hemp-Infused. As of now, the sale and consumption of hemp-infused beverages are prohibited. However, the global momentum and increasing evidence supporting hemp's health benefits may influence future regulatory considerations.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐๐ฃ ๐ฉ๐๐ ๐๐ฃ๐๐ฉ๐๐ ๐๐ฉ๐๐ฉ๐๐จ
The United States represents one of the largest markets for Hemp-Infused Beverage beverages, driven by increasing consumer demand and evolving state-level regulations. The market size was valued at USD 4.4 billion in 2022 and is expected to reach around USD 34.4 billion by 2032, registering a CAGR of 23.5% during this period.
Major companies are actively investing in this sector, contributing to its rapid expansion.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐ฅ๐ค๐ง๐ฉ๐ช๐ฃ๐๐ฉ๐๐๐จ ๐๐ฃ ๐พ๐๐๐ฃ๐
China's stance on Hemp-Infused is evolving, with certain regions permitting the use of Hemp in cosmetics but maintaining restrictions in food and beverages. The hemp beverage market in China was valued at USD 467.63 million in 2024 and is projected to grow at a CAGR of 25.7% during the forecast period.
As regulations potentially relax, the market could see substantial growth.
๐ฏ๐๐๐-๐ฐ๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐๐ฃ๐๐จ ๐๐ฃ ๐๐ช๐ง๐ค๐ฅ๐
Europe presents a diverse landscape for Hemp beverages, with varying regulations across countries. The market is anticipated to grow, driven by increasing consumer interest in natural and wellness products. The European hemp beverage market was valued at USD 1.35 billion in 2024 and is projected to grow at a CAGR of 22.7% from 2024 to 2031.
Companies are exploring opportunities to introduce Hemp-infused beverages in compliance with regional regulations.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐จ๐๐๐๐๐๐๐88, ๐ณ๐ณ๐ช has expanded its product line to include Hemp-infused beverages, catering to the growing demand for functional wellness drinks.
๐ท๐๐๐๐๐ ๐ ๐ฏ๐๐๐ ๐๐๐๐ ๐ฐ๐๐. has launched a range of Hemp-infused iced teas, targeting health-conscious consumers seeking alternative beverage options.
๐ต๐๐ ๐จ๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐๐๐๐ has entered the Hemp beverage market through strategic acquisitions, enhancing its portfolio with Hemp-infused products.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/35885/
๐๐๐ฆ๐ฉ-๐๐ง๐๐ฎ๐ฌ๐๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฎ ๐๐ง๐ค๐๐ช๐๐ฉ
Beer
Water
Juice
Tea
Coffee
Others
๐๐ฎ ๐๐ฎ๐ฅ๐
Marijuana-derived
Hemp-derived
๐๐ฎ ๐ผ๐ฅ๐ฅ๐ก๐๐๐๐ฉ๐๐ค๐ฃ
Millennials
gen-z
Baby boomers
Baby boomers were the first to consume Hemp products. Both hemp and marijuana have been utilised in medicine, as well as in textiles and food preparation. Baby boomers are more aware of the advantages of Hemp beverages than millennials and Gen Z. The likelihood of baby boomers spending more money on Hemp products is higher. However, baby boomers are anticipated to hold the largest share of the hemp beverage market due to the legalisation of Hemp drinks and the growing population of baby boomers worldwide.
๐๐จ ๐๐๐ฅ๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ค๐ข๐ง๐๐ฅ๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/35885/
๐๐๐ฆ๐ฉ-๐๐ง๐๐ฎ๐ฌ๐๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Alkaline Water Company
2. Canopy Growth Corporation
3. New Age Beverages Corporation
4. Tilray Inc
5. Coca-Cola
6. Heineken
7. American Premium Water
8. Phivida Holdings
9. Cannara Biotech Inc
10.Molson Coors Brewing
11.Aurora
12.CannTrust Holdings
13.Hemp Biotechnology Co. Ltd
14.Aphria Inc.
15.Daytrip Beverages
16.Koios Beverage Corp.
17.G&Juice
18.Alkaline88, LLC
19.K-Zen Beverages Inc.
20.General
๐๐ข๐๐ฐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐๐จ๐ฉ๐ข๐๐ฌ ๐๐จ๐ฐ:
China Plastics Market https://www.maximizemarketresearch.com/market-report/china-plastics-market/121740/
Global Industrial Touchscreen Display Market https://www.maximizemarketresearch.com/market-report/global-industrial-touchscreen-display-market/24137/
Biomass Gasification Market https://www.maximizemarketresearch.com/market-report/biomass-gasification-market/66858/
Global Robotic Grippers Market https://www.maximizemarketresearch.com/market-report/global-robotic-grippers-market/119521/
Global Aerospace Interior Market https://www.maximizemarketresearch.com/market-report/aerospace-interior-market/146727/
SelfHealing Grid Market https://www.maximizemarketresearch.com/market-report/self-healing-grid-market/758/
Energy bar Market https://www.maximizemarketresearch.com/market-report/energy-bar-market/129300/
Dairy Protein Market https://www.maximizemarketresearch.com/market-report/global-dairy-protein-market/101734/
Biosurfactant Market https://www.maximizemarketresearch.com/market-report/global-biosurfactants-market/433/
Global Undercarriage Components Market https://www.maximizemarketresearch.com/market-report/global-undercarriage-components-market/79380/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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