Market by Distribution Channel, Product Type, and Geography | Forecast 2021-2026
Triton Market Research’s report predicts the global cannabis food and beverage market to progress at a CAGR of 15.15% over the forecast period 2021-2026. In 2020, the market acquired revenue worth $506.12 million and is estimated to gain $839.94 by 2026.
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Factors such as the legalization of medical or
recreational cannabis in some countries and the availability of different
flavors in wellness drinks are anticipated to drive the studied market on a
growth path. Several nations, after understanding the benefits of cannabis on
health, have legalized its use, thereby supplementing the growth of the market
over the past few years. Moreover, considering the legalization of cannabis in
major countries, several smaller nations are anticipated to legalize its use
for medical or recreational purposes.
Triton’s
report on cannabis food and beverage provides a detailed insight into the
market. The comprehensive analysis of the market includes key market insights,
Porter’s five forces analysis, key impact analysis, and market attractiveness
index.
Furthermore,
the surge in cannabis use to treat multiple health disorders is likely to offer
lucrative opportunities to the reviewed market. CBD-infused oil is considered
to provide several health benefits, including relieving pain and reducing
anxiety. Besides, it has been proven to successfully treat neurological
disorders, such as epilepsy and multiple sclerosis. Such positive benefits are
expected to support the innovation of medicines and syrups.
Although
several countries have legalized the use of cannabis in the F&B industry,
the majority of the nations have banned its use. Thus, this has decreased its
production, which leads to a supply shortage in various countries.
Additionally, the ban has reduced the supply-demand ratio, hampering the
overall growth of the market. Other than this, the adverse health effects
associated with cannabis also impedes the development of the cannabis food and
beverage market.
Key geographies covered in the global cannabis
food and beverage market are:
• North
America: United States and Canada
• Europe:
United Kingdom, Germany, Italy, Switzerland, Netherlands, Spain, Portugal, and
Rest of Europe
• Asia-Pacific:
Australia and New Zealand
• Rest
of World: Uruguay, Colombia, Mexico, South Africa, and Rest of Latin America
& Africa
The
global cannabis food and beverage market is segmented on the basis of product
type and distribution channel:
• Market
by Distribution Channel:
o Mass Merchandisers
o Specialty Store
o Online Stores
o Others
• Market
by Product Type:
o Bakery Products
o Chocolate
o Cereal
o Candy
o Beverages
o Ice Cream
o Others
The prominent companies thriving in the cannabis
food and beverage market consist of General Cannabis Corp, Alkaline88 LLC,
Coalition Brewing, The Supreme Cannabis Company Inc, Dutch Windmill Spirits BV,
Dixie Brands Inc, Lagunitas Brewing Company, New Age Beverages Corporation,
Energy Drink, Phivida Holdings Inc, and Koios Beverage Corp.
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VIEW REPORT1. GLOBAL
CANNABIS FOOD AND BEVERAGE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. INCREASED
USAGE IN CONSUMABLES
2.1.2. BENEFITS
OFFERED BY CBD GUMMIES
2.2. IMPACT
OF COVID-19 ON CANNABIS FOOD AND BEVERAGE MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. IMPACT
OF GOVERNMENT REGULATIONS ON THE MARKET
2.5. MARKET
ATTRACTIVENESS MATRIX
2.6. VENDOR
SCORECARD
2.7. MARKET
DRIVERS
2.7.1. LEGALIZATION
OF MEDICAL OR RECREATIONAL CANNABIS
2.7.2. AVAILABILITY
OF DIFFERENT FLAVORS IN WELLNESS DRINKS
2.8. MARKET
CHALLENGES
2.8.1. DECREASE
IN THE SUPPLY-DEMAND RATIO
2.8.2. ADVERSE
HEALTH EFFECTS ASSOCIATED WITH CANNABIS
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASE
IN USE OF CANNABIS IN VARIOUS HEALTH DISORDERS
3. GLOBAL
CANNABIS FOOD AND BEVERAGE MARKET – BY DISTRIBUTION CHANNEL
3.1. MASS
MERCHANDISERS
3.2. SPECIALTY
STORE
3.3. ONLINE
STORES
3.4. OTHERS
4. GLOBAL
CANNABIS FOOD AND BEVERAGE MARKET - BY PRODUCT TYPE
4.1. BAKERY
PRODUCTS
4.2. CHOCOLATE
4.3. CEREAL
BARS
4.4. CANDY
4.5. BEVERAGES
4.6. ICE
CREAM
4.7. OTHERS
5. GLOBAL
CANNABIS FOOD AND BEVERAGE MARKET – REGIONAL OUTLOOK
5.1. NORTH
AMERICA
5.1.1. MARKET
BY DISTRIBUTION CHANNEL
5.1.2. MARKET
BY PRODUCT TYPE
5.1.3. COUNTRY
ANALYSIS
5.1.3.1. UNITED
STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET
BY DISTRIBUTION CHANNEL
5.2.2. MARKET
BY PRODUCT TYPE
5.2.3. COUNTRY
ANALYSIS
5.2.3.1. UNITED
KINGDOM
5.2.3.2. GERMANY
5.2.3.3. SPAIN
5.2.3.4. ITALY
5.2.3.5. SWITZERLAND
5.2.3.6. NETHERLANDS
5.2.3.7. PORTUGAL
5.2.3.8. REST
OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET
BY DISTRIBUTION CHANNEL
5.3.2. MARKET
BY PRODUCT TYPE
5.3.3. COUNTRY
ANALYSIS
5.3.3.1. AUSTRALIA
5.3.3.2. NEW
ZEALAND
5.4. REST
OF WORLD
5.4.1. MARKET
BY DISTRIBUTION CHANNEL
5.4.2. MARKET
BY PRODUCT TYPE
5.4.3. COUNTRY
ANALYSIS
5.4.3.1. URUGUAY
5.4.3.2. COLOMBIA
5.4.3.3. MEXICO
5.4.3.4. SOUTH
AFRICA
5.4.3.5. REST
OF LAMEA
6. COMPETITIVE
LANDSCAPE
6.1. ENERGY
DRINK
6.2. COALITION
BREWING
6.3. DIXIE
BRANDS INC
6.4. DUTCH
WINDMILL SPIRITS BV
6.5. GENERAL
CANNABIS CORP
6.6. KOIOS
BEVERAGE CORP
6.7. LAGUNITAS
BREWING COMPANY
6.8. NEW
AGE BEVERAGES CORPORATION
6.9. ALKALINE88
LLC
6.10. THE
SUPREME CANNABIS COMPANY INC
6.11. PHIVIDA
HOLDINGS INC
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL CANNABIS FOOD AND
BEVERAGE MARKET, BY REGIONAL OUTLOOK, 2021-2026 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS
MATRIX
TABLE 3: VENDOR SCORECARD
TABLE 4: GLOBAL CANNABIS FOOD AND
BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2021-2026 (IN $ MILLION)
TABLE 5: GLOBAL CANNABIS FOOD AND
BEVERAGE MARKET, BY PRODUCT TYPE, 2021-2026 (IN $ MILLION)
TABLE 6: GLOBAL CANNABIS FOOD AND
BEVERAGE MARKET, BY REGIONAL OUTLOOK, 2021-2026 (IN $ MILLION)
TABLE 7: NORTH AMERICA
CANNABIS FOOD AND BEVERAGE MARKET, BY COUNTRY OUTLOOK, 2021-2026 (IN $ MILLION)
TABLE 8: NORTH AMERICA
CANNABIS FOOD AND BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2021-2026 (IN $
MILLION)
TABLE 9: NORTH AMERICA
CANNABIS FOOD AND BEVERAGE MARKET, BY PRODUCT TYPE, 2021-2026 (IN $ MILLION)
TABLE 10: EUROPE CANNABIS FOOD
AND BEVERAGE MARKET, BY COUNTRY OUTLOOK, 2021-2026 (IN $ MILLION)
TABLE 11: EUROPE CANNABIS FOOD
AND BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2021-2026 (IN $ MILLION)
TABLE 12: EUROPE CANNABIS FOOD
AND BEVERAGE MARKET, BY PRODUCT TYPE, 2021-2026 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC
CANNABIS FOOD AND BEVERAGE MARKET, BY COUNTRY OUTLOOK, 2021-2026 (IN $ MILLION)
TABLE 14: ASIA-PACIFIC
CANNABIS FOOD AND BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2021-2026 (IN $
MILLION)
TABLE 15: ASIA-PACIFIC
CANNABIS FOOD AND BEVERAGE MARKET, BY PRODUCT TYPE, 2021-2026 (IN $ MILLION)
TABLE 16: REST OF WORLD
CANNABIS FOOD AND BEVERAGE MARKET, BY COUNTRY OUTLOOK, 2021-2026 (IN $ MILLION)
TABLE 17: REST OF WORLD
CANNABIS FOOD AND BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2021-2026 (IN $
MILLION)
TABLE 18: REST OF WORLD
CANNABIS FOOD AND BEVERAGE MARKET, BY PRODUCT TYPE, 2021-2026 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY DISTRIBUTION CHANNEL, 2020 & 2026 (IN %)
FIGURE 3: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY MASS MERCHANDISERS, 2021-2026 (IN $ MILLION)
FIGURE 4: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY SPECIALTY STORE, 2021-2026 (IN $ MILLION)
FIGURE 5: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY ONLINE STORES, 2021-2026 (IN $ MILLION)
FIGURE 6: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY OTHERS, 2021-2026 (IN $ MILLION)
FIGURE 7: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY PRODUCT TYPE, 2020 & 2026 (IN %)
FIGURE 8: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY BAKERY PRODUCTS, 2021-2026 (IN $ MILLION)
FIGURE 9: GLOBAL CANNABIS FOOD
AND BEVERAGE MARKET, BY CHOCOLATE, 2021-2026 (IN $ MILLION)
FIGURE 10: GLOBAL CANNABIS
FOOD AND BEVERAGE MARKET, BY CEREAL BARS, 2021-2026 (IN $ MILLION)
FIGURE 11: GLOBAL CANNABIS
FOOD AND BEVERAGE MARKET, BY CANDY, 2021-2026 (IN $ MILLION)
FIGURE 12: GLOBAL CANNABIS
FOOD AND BEVERAGE MARKET, BY BEVERAGES, 2021-2026 (IN $ MILLION)
FIGURE 13: GLOBAL CANNABIS
FOOD AND BEVERAGE MARKET, BY ICE CREAM, 2021-2026 (IN $ MILLION)
FIGURE 14: GLOBAL CANNABIS
FOOD AND BEVERAGE MARKET, BY OTHERS, 2021-2026 (IN $ MILLION)
FIGURE 15: GLOBAL CANNABIS
FOOD AND BEVERAGE MARKET, REGIONAL OUTLOOK, 2020 & 2026 (IN %)
FIGURE 16: UNITED STATES
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 17: CANADA CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 18: UNITED KINGDOM
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 19: GERMANY CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 20: SPAIN CANNABIS FOOD
AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 21: ITALY CANNABIS FOOD
AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 22: SWITZERLAND
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 23: NETHERLANDS
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 24: PORTUGAL CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 25: REST OF EUROPE
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 26: AUSTRALIA CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 27: NEW ZEALAND
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 28: URUGUAY CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 29: COLOMBIA CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 30: MEXICO CANNABIS
FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 31: SOUTH AFRICA
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)
FIGURE 32: REST OF LAMEA
CANNABIS FOOD AND BEVERAGE MARKET 2021-2026 (IN $ MILLION)