Cannabis-Infused Sparkling Water Market: By Type, By Component Infused Drinks, Tetrahydrocannabinol Infused Drinks) and Geography
Cannabis-Infused Sparkling Water Market size was valued at US$ x million in 2023 and is poised to grow at a significant CAGR of 32.9% from 2024-2030. Cannabis is a flowering plant that belongs to the cannabaceae family and is commonly known as hemp. For years, cannabis has been used as a source of hemp oil and hemp fiber and is regarded as a psychoactive drug for its therapeutic purpose. Recently the use has been extended to standard consumable drinks called cannabis drinks. The alcoholic cannabis-infused drinks segment is anticipated to grow at a significant CAGR over the forecast years owing to alcoholic cannabis-infused drinks being made up of cannabis flower, hemp seeds, cannabidiol, and tetrahydrocannabinol (THC) in alcoholic beverages such as vodka, wine, whiskey, gin, and beer. the rising population of flavored alcoholic, beverages, especially among the youth generation.
The utilization of chronic pain, cancer, insomnia, neurological disorder, epilepsy, and anxiety is expected to further exploration of market trends. Increasing recreational and therapeutic usage, and growing demand among customers for wellness beverages, are a few factors driving the industry's growth over the forecasting period.
Study Period
2024-2030Base Year
2023CAGR
32.9%Largest Market
EuropeFastest Growing Market
North America
Legalization of medical or recreational cannabis in various areas has had a substantial beneficial influence on the global cannabis business. The beverage industry is undergoing drastic upheaval because of chemicals and ingredients. Consumers, particularly in developed countries such as Europe and North America, are constantly changing the sector of chemicals-free, all-natural, and with herbal and recognized formulations trends and innovations. Such factors contribute to the expansion of the cannabis beverage industry.
Europe is likely to hold the highest revenue share of in 2023 and same trend is expected over the forecast period due to increased consumer demand in the region Firms in the region, according to the Cannabis Trade Association, are creating new products to meet the rising demand for wellness beverages. The presence of marijuana-friendly cafés and restaurants has also contributed to the growth of demand in the Netherlands. The growth of cannabis tourism in the country is projected to increase demand even further. The European Union is expected to have a market share of more than 40%.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
32.9% |
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By Type |
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By Components |
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By Region |
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The global cannabis-infused sparkling water market size was valued at US$ x million in 2023 and is projected to grow at a CAGR of 32.9% from 2024 to 2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1. Executive Summary |
| 2. Global Cannabis-Infused Sparkling Water Market Introduction |
| 2.1.Global Cannabis-Infused Sparkling Water Market - Taxonomy |
| 2.2.Global Cannabis-Infused Sparkling Water Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Components |
| 2.2.3.Region |
| 3. Global Cannabis-Infused Sparkling Water Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Cannabis-Infused Sparkling Water Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Cannabis-Infused Sparkling Water Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Alcoholic Cannabis Infused Drinks |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Non-Alcoholic Cannabis Infused Drinks |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Cannabis-Infused Sparkling Water Market By Components, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Cannabidiol (CBD) Infused Drinks |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Tetrahydrocannabinol (THC) Infused Drinks |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Cannabis-Infused Sparkling Water Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. North America Cannabis-Infused Sparkling Water Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Alcoholic Cannabis Infused Drinks |
| 8.1.2.Non-Alcoholic Cannabis Infused Drinks |
| 8.2. Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Cannabidiol (CBD) Infused Drinks |
| 8.2.2.Tetrahydrocannabinol (THC) Infused Drinks |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9. Europe Cannabis-Infused Sparkling Water Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Alcoholic Cannabis Infused Drinks |
| 9.1.2.Non-Alcoholic Cannabis Infused Drinks |
| 9.2. Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Cannabidiol (CBD) Infused Drinks |
| 9.2.2.Tetrahydrocannabinol (THC) Infused Drinks |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10. Asia Pacific (APAC) Cannabis-Infused Sparkling Water Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Alcoholic Cannabis Infused Drinks |
| 10.1.2.Non-Alcoholic Cannabis Infused Drinks |
| 10.2. Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Cannabidiol (CBD) Infused Drinks |
| 10.2.2.Tetrahydrocannabinol (THC) Infused Drinks |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11. Middle East and Africa (MEA) Cannabis-Infused Sparkling Water Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Alcoholic Cannabis Infused Drinks |
| 11.1.2.Non-Alcoholic Cannabis Infused Drinks |
| 11.2. Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Cannabidiol (CBD) Infused Drinks |
| 11.2.2.Tetrahydrocannabinol (THC) Infused Drinks |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12. Latin America Cannabis-Infused Sparkling Water Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Alcoholic Cannabis Infused Drinks |
| 12.1.2.Non-Alcoholic Cannabis Infused Drinks |
| 12.2. Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Cannabidiol (CBD) Infused Drinks |
| 12.2.2.Tetrahydrocannabinol (THC) Infused Drinks |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Alkaline88, LLC |
| 13.2.2.Aphria Inc. |
| 13.2.3.Aurora Cannabis Inc. |
| 13.2.4.CannTrust Holdings Inc. |
| 13.2.5.Canopy Growth Corporation |
| 13.2.6.Cronos Group Inc. |
| 13.2.7.Dixie Brands Inc. |
| 13.2.8.GW Pharmaceuticals plc |
| 13.2.9.HEXO Operations Inc. |
| 13.2.10.Keef Brands |
| 13.2.11.Organigram Holdings Inc. |
| 13.2.12.Tilray |
| 13.2.13.VCC Brands |
| 13.2.14.VIVO Cannabis Inc. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.
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