Rising inflammation to boost the Cannabis Beverage Market Growth

 

Cannabis Beverage Market
Cannabis Beverage Market

Cannabis Beverage Market Product Type (Alcoholic, Non-Alcoholic), CBD Type (Marijuana-Derived, Hemp-Derived, Synthetic), Grade (Pharmaceutical Grade, Food Grade), Distribution Channel (Storefront Dispensaries, Convenience Stores, Online, Others) and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030

The global Cannabis Beverage Market is estimated to be valued at US$ 1,227.3 million in 2023 and is expected to exhibit a CAGR of 17 % over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Cannabis beverages consist the mind-altering elements tetrahydrocannabinol. These drinks, which can be bought at dispensaries or through digital sites, consist several amounts of tetrahydrocannabinol additional to alcohol, caffeine, or other cannabis products. The protection of these drinks has not been considered vastly in human beings.

Competitive Landscape:

Key players involved in the growth of global Cannabis Beverage Market are Hexo Corp, The Alkaline Water Company; Dixie Brands Inc., Phivida Holdings Inc. Canopy Growth, Koios Beverage Corporation; VCC Brand; Keef Brand, Aphria.

Market Key Drivers:

Increasing consumer awareness of the various advantages of cannabidiol in curing infection, relieving pain, enhancing sleep quality, and stress management is anticipated to propel the growth of the global Cannabis Beverage Market. For instance, as per WHO around 3.5 billion people across the globe suffer from inflammation.

The increasing prevalence of several neurological and psychiatric diseases is expected to boost the growth of the global Cannabis Beverage Market. For instance, as per WHO around 50 million people suffer from neurological diseases.

Covid-19 Impact Analysis:

The Covid-19 outbreak has adversely affected the growth of global Cannabis Beverage Market due to the strict imposition of lockdown and shutdown. The rising cases have led to the restriction on movement of people from one place to other to curb the spread of pandemic. Closure of manufacturing and production units has also impeded the market growth.

Key Takeaways:

The global Cannabis Beverage Market is anticipated to exhibit a CAGR of 8.3 % during the forecast period rising mergers and acquisitions. For instance, in June 2021, Canopy Growth declared that it had finished the acquisition of The Supreme Cannabis Company and had attained 100 % of Supreme's issued and exceptional common shares.

Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in the global Cannabis Beverage Market due to mergers and acquisitions, product expansions and rising disorders such as inflammation, neurological diseases and others. For instance, in March 2021, STADA Arzneimittel AG, one of Germany's largest pharma companies, entered the medical cannabis space with an agreement with MediPharm Labs (Canada) for the inauguration of two flower produces.

Comments

Post a Comment

Popular posts from this blog

Rising Cancer Cases to boost the Molecular Cytogenetics Market Growth

Image
Molecular Cytogenetics Market Molecular Cytogenetics Market by Products (Kits & Reagents, Instruments, and Software & Services), Technique (Fluorescence in Situ Hybridization, Comparative Genomic Hybridization, Karyotyping, Other Techniques), Application (Cancer, Genetic Disorders, Other Applications), And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030 The global Molecular Cytogenetics Market is estimated to be valued at US$ 4,211.4 million in 2023, and is expected to exhibit a CAGR of 24.5 % over the forecast period, as highlighted in a new report published by Coherent Market Insights. Market Overview: Clinical cytogenetics is the examination of the relation between chromosomal alterations and genetic disorders in human beings. Molecular cytogenetics is an examination of genetic diseases utilizing new techniques and methods that link cytogenetic and molecular techn
Read more

Bispecific Antibodies Are Used As Therapeutic Drugs While Treating Viral Infections, Oncology, And Auto-Immune Diseases

Image
  Bispecific Antibodies Bispecific antibodies are produced through cell fusion or recombinant DNA technologies. Bispecific antibodies are much more specific than monoclonal antibodies. Their applications in tumor immunotherapy are nearly limitless. As of today, seven bispecific antibodies have been approved by the FDA and EMA and over one hundred are in preclinical testing. Bispecific antibodies were initially developed using the quadroma technology. They contain two distinct antigen-binding arms, which enable them to bind to the target antigen while also activating an effector cell, which kills tumor cells. The primary antigen on the surface of the effector cell is called CD3, which is a popular target of immune cells. According to Coherent Market insights the Bispecific Antibodies Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028. Many of these multi specific antibody formats have been developed over the past 30 years. These categories of a
Read more

Organic Milk Has Much Higher Concentration Of Iron, Vitamin E, And Polyunsaturated Fatty Acids Omega-3 And Omega-6 As Compared To Regular Milk

Image
  Organic Milk Organic Milk is milk made from livestock raised using organic farming practices. The use of the term "organic" is regulated by food authorities in most jurisdictions. Organic cows are not allowed to be given hormones, which stimulate milk production. Organic feed also must be grown without the use of synthetic pesticides. Organic cows must get a certain percentage of their diet from grazing, although most organic dairies supplement the grass with grain. However, organic grazing cows produce less milk than cows that eat a grain-based diet. Buying organic milk may be a better investment for your health. According to Coherent Market Insights the Organic Milk Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028. The standards for organic milk are stringent. To meet the organic standard, a dairy farm cannot use any form of animal growth hormones or antibiotics. Organic cows must spend at least 30% of their lives on pasture. C
Read more