LONDON–(BUSINESS WIRE)–Technavio has been monitoring the cannabis-based alcoholic beverage market and it is poised to grow by $ 155.28 mn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Anheuser-Busch InBev, CannaVines, Dutch Windmill Spirits BV, Heineken NV, Klosterbrauerei Weißenohe GmbH & Co.KG, MJ Wines LLC, NABC, Inc., Rebel Coast Winery, and Winabis, Wine & Cannabis are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Social acceptance of cannabis has been instrumental in driving the growth of the market.

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Cannabis-based Alcoholic Beverage Market 2020-2024: Segmentation

Cannabis-based Alcoholic Beverage Market is segmented as below:

• Product
  • Cannabis-infused Beers
  • Cannabis-infused Spirits
  • Cannabis-infused Wines
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

Cannabis-based Alcoholic Beverage Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cannabis-based alcoholic beverage market report covers the following areas:

• Cannabis-based Alcoholic Beverage Market Size
• Cannabis-based Alcoholic Beverage Market Trends
• Cannabis-based Alcoholic Beverage Market Industry Analysis

This study identifies the growing prominence of online retailing as one of the prime reasons driving cannabis-based alcoholic beverage market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Cannabis-based Alcoholic Beverage Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist cannabis-based alcoholic beverage market growth during the next five years
• Estimation of the cannabis-based alcoholic beverage market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the cannabis-based alcoholic beverage market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of cannabis-based alcoholic beverage market vendors

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Cannabis-infused beers – Market size and forecast 2019-2024
• Cannabis-infused spirits – Market size and forecast 2019-2024
• Cannabis-infused wines – Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application placement
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America – Market size and forecast 2019-2024
• Europe – Market size and forecast 2019-2024
• APAC – Market size and forecast 2019-2024
• South America – Market size and forecast 2019-2024
• MEA – Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume driver – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor analysis

• Vendors covered
• Anheuser-Busch InBev
• California Dreamin’
• CannaVines
• Dutch Windmill Spirits BV
• Heineken NV
• Klosterbrauerei Weißenohe GmbH & Co.KG
• MJ Wines LLC
• Rebel Coast Winery

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.