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
- Asia Pacific
- China
- South Korea
- Australia
- Others
- Europe
- Germany
- United Kingdom
- Netherlands
- Spain
- Others
- Latin America
- Middle East and Africa
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) |
Key Questions Answered in This Report:
- How has the global CBD food and beverage market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global CBD food and beverage market?
- What are the key regional markets?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global CBD food and beverage market and who are the key players?
- What is the degree of competition in the industry?
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