Global Cannabis Beverages Market Size & Outlook, 2024-2030

The global cannabis beverages market size was estimated at USD 1,163.9 million in 2023 and is projected to reach USD 3,859.7 million by 2030, growing at a CAGR of 19.2% from 2024 to 2030.
Revenue, 2023 (US$M)
$1,163.9
Forecast, 2030 (US$M)
$3,859.7
CAGR, 2024 - 2030
19.2%
Report Coverage
Worldwide

Global cannabis beverages market, 2018-2030 (US$M)

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Global cannabis beverages market highlights

  • The global cannabis beverages market generated a revenue of USD 1,163.9 million in 2023 and is expected to reach USD 3,859.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 19.2% by 2030.
  • In terms of segment, alcoholic accounted for a revenue of USD 1,344.1 million in 2023.
  • Alcoholic is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 1,163.9 million
Market revenue in 2030USD 3,859.7 million
Growth rate19.2% (CAGR from 2024 to 2030)
Largest segmentAlcoholic
Fastest growing segmentAlcoholic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAlcoholic

Other key industry trends

  • In terms of revenue, the North America accounted for 72.7% of the global cannabis beverages market in 2023.

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Cannabis Beverages Market Companies

Name Profile # Employees HQ Website
BellRock Brands View profile 51-100 Denver, Colorado, United States, North America https://www.bellrockbrands.com
Artet View profile 1-10 Brooklyn, New York, United States, North America https://artet.com/
Keefe Group View profile 101-250 Dallas, Texas, United States, North America http://www.keefegroup.com/
Fable View profile 11-50 Palo Alto, California, United States, North America https://fable.co
Cann Group Ltd View profile 40 262-276 Lorimer Street, Port Melbourne, VIC, Australia, 3207 https://www.canngrouplimited.com
Boston Beer Co Inc Class A View profile 2679 One Design Center Place, Suite 850, Boston, MA, United States, 02210 https://www.bostonbeer.com
Aphria Inc View profile 501-1000 Leamington, Ontario, Canada, North America https://aphriainc.com/
Canopy Growth Corp View profile 1621 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8 https://www.canopygrowth.com

Global cannabis beverages market size, by regions, 2018-2030 (US$M)

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