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Press Release:

Global CBD Food and Beverage Market to Grow at 26.5% During 2022-2027, Catalyzed by Shifting Consumer Focus Toward Health and Wellness

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

CBD Food and Beverage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global CBD food and beverage market is expected to exhibit a CAGR of 26.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Cannabidiol (CBD) is a non-psychoactive derivative of cannabis that is naturally obtained from the hemp plant. It is infused in numerous food items and beverages as it helps in osteoporosis, stress management, insomnia, inflammation, and hyperemesis. CBD foods and beverages are considered healthier alternatives to smoking cannabis as they mitigate exposure to tar and carcinogens. At present, a vast range of CBD-infused edible products is available, including bakery items, chocolates, tea, gummies, snacks, and ice creams.

CBD Food and Beverage Market Trends:

The escalating demand for wellness beverages among individuals represents one of the key factors positively influencing the market. In addition, the increasing legalization of recreational cannabis in several countries is driving the sales of CBD foods and beverages. Apart from this, the wide availability of CBD-infused beverages, such as fruit punch, cannabis cola, coffee, and tea, in various legal marijuana dispensaries is further stimulating the market growth. Additionally, the increasing adoption of CBD-infused edible products for treating nausea, muscle spasms, poor appetite, weight loss, and various types of cancer is strengthening the market growth. Furthermore, the shifting consumer preferences towards healthier edible alternatives due to the high prevalence of several respiratory ailments is augmenting the market growth. Besides this, leading manufacturers are continuously focusing on formulating chemical-free and natural products with herbal ingredients, which is contributing to the market growth. Furthermore, the growing popularity of CBD protein bars among athletes, fitness freaks, and sportspersons is catalyzing the product demand. Moreover, numerous developments are resulting in the launch of alcohol-free beer manufactured using CBD.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global CBD food and beverage market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on source, product type and distribution channel.

Breakup by Source:

  • Marijuana Derived
  • Hemp Derived
  • Synthetic
     

Breakup by Product Type:

  • Bakery Products
  • Chocolate
  • Cereal Bars
  • Candies
  • Beverages
  • Ice Cream
  • Others


Bakery products currently hold the majority of the market share due to the rising demand for CBD-infused food products.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Convenience Stores
  • Online
  • Others


Specialty stores account for the majority of the global market share.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • South Korea
    • Australia
    • Others
  • Europe
    • Germany
    • United Kingdom
    • Netherlands
    • Spain
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Others
  • Middle East and Africa
    • South Africa
    • Israel
       

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Alkaline88 LLC, Beverages Trade Network, Dixie Brands Inc., Green Roads (Affinity Beverage Group, Inc.), Kannaway LLC, Koios Beverage Corp., Lagunitas Brewing Company (Heineken N.V.), NaturalXtract, New Age Beverages Corporation and The Supreme Cannabis Company Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Source, Product Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, United Kingdom, Netherlands, Spain, China, South Korea, Australia, Brazil, Argentina, South Africa, Israel
Companies Covered Alkaline88 LLC, Beverages Trade Network, Dixie Brands Inc., Green Roads (Affinity Beverage Group, Inc.), Kannaway LLC, Koios Beverage Corp., Lagunitas Brewing Company (Heineken N.V.), NaturalXtract, New Age Beverages Corporation and The Supreme Cannabis Company Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global CBD Food and Beverage Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Source
    6.1    Marijuana Derived
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Hemp Derived
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Synthetic
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Product Type
    7.1    Bakery Products
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Chocolate
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Cereal Bars
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Candies
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Beverages
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Ice Cream
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Specialty Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Convenience Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 South Korea
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 Australia
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 Others
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 United Kingdom 
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 Netherlands
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Spain
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Others
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Argentina
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 South Africa
           9.5.1.1 Market Trends
           9.5.1.2 Market Forecast
        9.5.2 Israel
           9.5.2.1 Market Trends
           9.5.2.2 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
    11.1    Overview
    11.2    Research and Development
    11.3    Raw Material Procurement
    11.4    Manufacturing
    11.5    Marketing 
    11.6    Distribution and Export
    11.7    End Use    
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
    13.1    Key Price Indicators
    13.2    Price Structure
    13.3    Price Trends
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Alkaline88 LLC
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 Financials
        14.3.2    Beverages Trade Network    
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
        14.3.3    Dixie Brands Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
           14.3.3.3 Financials
        14.3.4    Green Roads (Affinity Beverage Group, Inc.)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Kannaway LLC 
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        16.3.6    Koios Beverage Corp.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials
        14.3.7    Lagunitas Brewing Company (Heineken N.V.)
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    NaturalXtract
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
        14.3.9    New Age Beverages Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
           14.3.9.3 Financials
        14.3.10    The Supreme Cannabis Company, Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
           14.3.10.3 Financials

List of Figures

Figure 1: Global: CBD Food and Beverage Market: Major Drivers and Challenges
Figure 2: Global: CBD Food and Beverage Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: CBD Food and Beverage Market: Breakup by Source (in %), 2021
Figure 5: Global: CBD Food and Beverage Market: Breakup by Product Type (in %), 2021
Figure 6: Global: CBD Food and Beverage Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: CBD Food and Beverage Market: Breakup by Region (in %), 2021
Figure 8: Global: CBD Food and Beverage (Marijuana Derived) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: CBD Food and Beverage (Marijuana Derived) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: CBD Food and Beverage (Hemp-Derived) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: CBD Food and Beverage (Hemp-Derived) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: CBD Food and Beverage (Synthetic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: CBD Food and Beverage (Synthetic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: CBD Food and Beverage (Bakery Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: CBD Food and Beverage (Bakery Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: CBD Food and Beverage (Chocolate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: CBD Food and Beverage (Chocolate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: CBD Food and Beverage (Cereal Bars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: CBD Food and Beverage (Cereal Bars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: CBD Food and Beverage (Candies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: CBD Food and Beverage (Candies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: CBD Food and Beverage (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: CBD Food and Beverage (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: CBD Food and Beverage (Ice Cream) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: CBD Food and Beverage (Ice Cream) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: CBD Food and Beverage (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: CBD Food and Beverage (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: CBD Food and Beverage (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: CBD Food and Beverage (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: CBD Food and Beverage (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: CBD Food and Beverage (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: CBD Food and Beverage (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: CBD Food and Beverage (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: CBD Food and Beverage (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: CBD Food and Beverage (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: CBD Food and Beverage (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: CBD Food and Beverage (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia Pacific: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia Pacific: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Netherlands: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Netherlands: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Argentina: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Argentina: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: South Africa: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: South Africa: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Israel: CBD Food and Beverage Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Israel: CBD Food and Beverage Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: CBD Food and Beverage Industry: SWOT Analysis
Figure 81: Global: CBD Food and Beverage Industry: Value Chain Analysis
Figure 82: Global: CBD Food and Beverage Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: CBD Food and Beverage Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: CBD Food and Beverage Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 3: Global: CBD Food and Beverage Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 4: Global: CBD Food and Beverage Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: CBD Food and Beverage Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: CBD Food and Beverage Market: Competitive Structure
Table 7: Global: CBD Food and Beverage Market: Key Players


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Key Questions Answered in This Report

We expect the global CBD food and beverage market to exhibit a CAGR of 26.5% during 2022-2027.

The growing popularity of chemical-free and natural CBD-infused edible products, such as bakery items, chocolates, tea, etc., for treating nausea, muscle spasms, poor appetite, weight loss, etc., is primarily driving the global CBD food and beverage market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of CBD food and beverages.

Based on the product type, the global CBD food and beverage market has been segmented into bakery products, chocolate, cereal bars, candies, beverages, ice cream, and others. Among these, bakery products currently hold the majority of the total market share.

Based on the distribution channel, the global CBD food and beverage market can be divided into supermarkets and hypermarkets, specialty stores, convenience stores, online, and others. Currently, specialty stores exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global CBD food and beverage market include Alkaline88 LLC, Beverages Trade Network, Dixie Brands Inc., Green Roads (Affinity Beverage Group, Inc.), Kannaway LLC, Koios Beverage Corp., Lagunitas Brewing Company (Heineken N.V.), NaturalXtract, New Age Beverages Corporation, and The Supreme Cannabis Company Inc.

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