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Report Description

Report Description

The global hemp beer market is driven by propelling demand and awareness of  the health benefits of hemp seeds among consumers and the availability of varieties of flavors in hemp beer. Furthermore companies are expanding their product portfolio with constant investment in research and development in order to attract a consumer base.

A type of beer called hemp beer contains components from the cannabis plant. Instead of using hemp directly in the brewing process, hemp products, including seeds, which are added later as a flavoring.

Based on then-current German beer purity standards, breweries follow a basic formula for their brews that includes water, hops, barley or malt, and yeast. Hemp keeps a complementary, but distinct flavor in beers made with hops because of their close kinship as plants.

The processing of hemp beer differs from category to category. For instance, certain hemp beers are hopped, but not all hemp beers are hopped before being initially prepared at some stage in the process. However, after boiling, a brew is typically infused with hemp and left to rest for a few weeks so the yeast may ferment and the hemp can absorb flavor. 

Certain hemp beers include components like Tetrahydrocannabinol (THC),  a primary psychoactive component  in Cannabis plants, which is present in beverages with cannabis infusions. These items are not the same as beverages with CBD. According to the 2018 farm bill, hemp in the United States must contain no more than 0.3 percent THC. The low THC concentration of 0.3 percent is insufficient to cause psych activity, whereas any cannabis plant with a higher concentration would be classified as schedule 1 and potent. Currently, American breweries are experimenting with adding hemp to their own beverages. Typically, once the beer has been brewed, a body or piece of hemp is added to give the beverage an infused flavor and scent. Several components of the hemp plant can be utilized as an ingredient during the brewing process to add hemp flavor and aroma due to the robustness and utility of the plant.

Cannabis is a well-known plant that has gained popularity for its many therapeutic and medical uses. Alcoholic beverages like vodka, wine, whiskey, gin, and beer are infused with cannabis flowers, hemp seeds, cannabidiol, and tetrahydrocannabinol (THC) to create cannabis-based alcoholic beverages. In the upcoming years, it is projected that the market will be driven by the growing popularity of novel and preimmunized alcoholic beverages.

Small, brown beer made from the Cannabis Sativa plant is referred to as hemp beer. Compared to marijuana, which has more than 20% psychoactive drug content, they have less than 1%. Easy-to-digest proteins, fiber, amino acids, antioxidants, vital lipids, iron, and vitamins are all abundant in hemp beer.

Due to the closure, there was a restraint in the supply of hemp beer around the globe, the COVID-19 outbreak had a significant influence on overall industry growth. But government easing on enforced lockdowns, followed by the restart of industries and operations, have accelerated market expansion. Also, countries like the US, India and Thailand have started producing more hemp.

Minerals and vitamins in Hemp Seeds Fuel the Market Growth

Hemp seeds are a great source of minerals and vitamins such as phosphorus, potassium, sodium, iron, zinc, sodium, magnesium, sulfur, and calcium. The market is influenced by the growth drivers such as the inclusion of hemp in beverages in the right amounts and the reduced sugar content within the product. Cannabis-infused beverages will become more and more popular as more nations legalize the use of marijuana for both medical and recreational uses. The use of cannabis to treat neurological disorders, cancer, and pain will also spur market expansion. Moreover, hemp consumers are turning away from smoking hemp and shifting towards hemp-based products such as drinks, chocolates, and tinctures, which is further encouraging  market expansion.

Rising Demand from the United States is Fueling the Market Growth

Hemp has been in the American market for many years, as hemp is legal in the State, and brands are continuously providing hemp beer with different flavors such as myrcene + fruity flavors, Pinene + Herb-Rich, and Limonene + Fresh Flavors. Companies such as Sprig Products LLC and Ceria, Inc are  the major players in the United States Hemp beer market.

Seed Infused with Protein is Aiding the Market Growth

Protein is also abundant in hemp seeds. Hemp seeds provide roughly 3 grams of protein per tablespoon, which is comparable to one serving of soybeans. All nine  essential amino acids, which are necessary for digesting protein and have a generally good impact on heart health, are present in hemp seeds. For anyone  vegan, vegetarian, or simply interested in receiving protein from sources other than meat, this is a viable source of protein.


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Market Segmentation

The global hemp beer market is segmented based on type, component, distribution channel, region, and competitional landscape. Based on type, the market is further fragmented into alcoholic, non-alcoholic. In terms of component the market is divided into cannabidiol (CBD) and tetrahydrocannabinol (THC). Based on distribution channel the market is segmented into online and offline..

Company Profiles

Canopy Growth Corporation, Heineken N.V., Sprig Products LLC, Ceria, Inc, Two Roots Brewing Co, Flying Dog Brewery, LLLP, BevCanna Enterprises Inc. (Keef Brands), Coalition Brewing Co Ltd., dupetit Natural Products GmbH, Anheuser-Busch Companies LLC are among the major market players in the global hemp beer market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2021 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Component

·         Distribution Channel

·         Region

Regional Scope

Asia-Pacific, North America, Europe, Middle East & Africa and South America

Country Scope

China, Japan, India, Australia, New Zealand, South Korea, Thailand, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Netherland, Switzerland, Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Brazil, Argentina, Colombia

Key Companies Profiled

Canopy Growth Corporation, Heineken N.V., Sprig Products LLC, Ceria, Inc, Two Roots Brewing Co, Flying Dog Brewery, LLLP, BevCanna Enterprises Inc. (Keef Brands), Coalition Brewing Co Ltd., dupetit Natural Products GmbH, Anheuser-Busch Companies LLC, etc

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global hemp beer market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Hemp Beer Market, By Type:
    • Alcoholic

o   Non-Alcoholic

  • Hemp Beer Market, By Component:
    • Cannabidiol (CBD)
    • Tetrahydrocannabinol (THC)
  • Hemp Beer Market, By Distribution Channel:
    • Online
    • Offline
  • Hemp Beer Market, By Region:
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • New Zealand
      • Thailand
    • North America
      • The United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Netherlands
      • Switzerland
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Qatar
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global hemp beer market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Table of content

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.2.  Respondent Demographics

4.2.1.     By Gender

4.2.2.     By Age

4.2.3.     By Occupation

4.3.  Brand Awareness

4.4.  Factors Influencing Purchase Decision

4.5.  Brand Satisfaction

4.6.  Customer Satisfaction

5.    Global Hemp Beer Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value          

5.2.  Market Share & Forecast

5.2.1.     By Type Market Share Analysis (Alcoholic, Non-Alcoholic)

5.2.2.     By Component Market Share Analysis (Cannabidiol (CBD), Tetrahydrocannabinol (THC))

5.2.3.     By Distribution Channel Market Share Analysis (Online, Offline)

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         Asia -Pacific Market Share Analysis

5.2.4.2.         North America Market Share Analysis

5.2.4.3.         Europe Market Share Analysis

5.2.4.4.         Middle East & Africa Market Share Analysis

5.2.4.5.         South America Market Share Analysis

5.2.5.     By Company Market Share Analysis

5.3.  Global Hemp Beer Market Mapping & Opportunity Assessment

5.3.1.     By Type Market Mapping & Opportunity Assessment

5.3.2.     By Component Market Mapping & Opportunity Assessment

5.3.3.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Hemp Beer Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type Market Share Analysis

6.2.2.     By Component Market Share Analysis

6.2.3.     By Distribution Channel Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         China Hemp Beer Market Outlook

6.2.4.1.1.             Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2.             Market Share & Forecast

6.2.4.1.2.1. By Type Market Share Analysis

6.2.4.1.2.2. By Component Market Share Analysis

6.2.4.1.2.3. By Distribution Channel Market Share Analysis

6.2.4.2.         Japan Hemp Beer Market Outlook

6.2.4.2.1.             Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2.             Market Share & Forecast

6.2.4.2.2.1. By Type Market Share Analysis

6.2.4.2.2.2. By Component Market Share Analysis

6.2.4.2.2.3. By Distribution Channel Market Share Analysis

6.2.4.3.         India Hemp Beer Market Outlook

6.2.4.3.1.             Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2.             Market Share & Forecast

6.2.4.3.2.1. By Type Market Share Analysis

6.2.4.3.2.2. By Component Market Share Analysis

6.2.4.3.2.3. By Distribution Channel Market Share Analysis

6.2.4.4.         Australia Hemp Beer Market Outlook

6.2.4.4.1.             Market Size & Forecast

6.2.4.4.1.1. By Value

6.2.4.4.2.             Market Share & Forecast

6.2.4.4.2.1. By Type Market Share Analysis

6.2.4.4.2.2. By Component Market Share Analysis

6.2.4.4.2.3. By Distribution Channel Market Share Analysis

6.2.4.5.         New Zealand Hemp Beer Market Outlook

6.2.4.5.1.             Market Size & Forecast

6.2.4.5.1.1. By Value

6.2.4.5.2.             Market Share & Forecast

6.2.4.5.2.1. By Type Market Share Analysis

6.2.4.5.2.2. By Component Market Share Analysis

6.2.4.5.2.3. By Distribution Channel Market Share Analysis

6.2.4.6.         South Korea Hemp Beer Market Outlook

6.2.4.6.1.             Market Size & Forecast

6.2.4.6.1.1. By Value

6.2.4.6.2.             Market Share & Forecast

6.2.4.6.2.1. By Type Market Share Analysis

6.2.4.6.2.2. By Component Market Share Analysis

6.2.4.6.2.3. By Distribution Channel Market Share Analysis

6.2.4.7.         Thailand Hemp Beer Market Outlook

6.2.4.7.1.             Market Size & Forecast

6.2.4.7.1.1. By Value

6.2.4.7.2.             Market Share & Forecast

6.2.4.7.2.1. By Type Market Share Analysis

6.2.4.7.2.2. By Component Market Share Analysis

6.2.4.7.2.3. By Distribution Channel Market Share Analysis

7.    North America Hemp Beer Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type Market Share Analysis

7.2.2.     By Component Market Share Analysis

7.2.3.     By Distribution Channel Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         United States Hemp Beer Market Outlook

7.2.4.1.1.             Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2.             Market Share & Forecast

7.2.4.1.2.1. By Type Market Share Analysis

7.2.4.1.2.2. By Component Market Share Analysis

7.2.4.1.2.3. By Distribution Channel Market Share Analysis

7.2.4.2.         Canada Hemp Beer Market Outlook

7.2.4.2.1.             Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2.             Market Share & Forecast

7.2.4.2.2.1. By Type Market Share Analysis

7.2.4.2.2.2. By Component Market Share Analysis

7.2.4.2.2.3. By Distribution Channel Market Share Analysis

7.2.4.3.         Mexico Hemp Beer Market Outlook

7.2.4.3.1.             Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2.             Market Share & Forecast

7.2.4.3.2.1. By Type Market Share Analysis

7.2.4.3.2.2. By Component Market Share Analysis

7.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.    Europe Hemp Beer Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type Market Share Analysis

8.2.2.     By Component Market Share Analysis

8.2.3.     By Distribution Channel Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         United Kingdom Hemp Beer Market Outlook

8.2.4.1.1.             Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2.             Market Share & Forecast

8.2.4.1.2.1. By Type Market Share Analysis

8.2.4.1.2.2. By Component Market Share Analysis

8.2.4.1.2.3. By Distribution Channel Market Share Analysis

8.2.4.2.         Germany Hemp Beer Market Outlook

8.2.4.2.1.             Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2.             Market Share & Forecast

8.2.4.2.2.1. By Type Market Share Analysis

8.2.4.2.2.2. By Component Market Share Analysis

8.2.4.2.2.3. By Distribution Channel Market Share Analysis

8.2.4.3.         France Hemp Beer Market Outlook

8.2.4.3.1.             Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2.             Market Share & Forecast

8.2.4.3.2.1. By Type Market Share Analysis

8.2.4.3.2.2. By Component Market Share Analysis

8.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.2.4.4.         Spain Hemp Beer Market Outlook

8.2.4.4.1.             Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2.             Market Share & Forecast

8.2.4.4.2.1. By Type Market Share Analysis

8.2.4.4.2.2. By Component Market Share Analysis

8.2.4.4.2.3. By Distribution Channel Market Share Analysis

8.2.4.5.         Italy Hemp Beer Market Outlook

8.2.4.5.1.             Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2.             Market Share & Forecast

8.2.4.5.2.1. By Type Market Share Analysis

8.2.4.5.2.2. By Component Market Share Analysis

8.2.4.5.2.3. By Distribution Channel Market Share Analysis

8.2.4.6.         Netherlands Hemp Beer Market Outlook

8.2.4.6.1.             Market Size & Forecast

8.2.4.6.1.1. By Value

8.2.4.6.2.             Market Share & Forecast

8.2.4.6.2.1. By Type Market Share Analysis

8.2.4.6.2.2. By Component Market Share Analysis

8.2.4.6.2.3. By Distribution Channel Market Share Analysis

8.2.4.7.         Switzerland Hemp Beer Market Outlook

8.2.4.7.1.             Market Size & Forecast

8.2.4.7.1.1. By Value

8.2.4.7.2.             Market Share & Forecast

8.2.4.7.2.1. By Type Market Share Analysis

8.2.4.7.2.2. By Component Market Share Analysis

8.2.4.7.2.3. By Distribution Channel Market Share Analysis

9.    Middle East & Africa Hemp Beer Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type Market Share Analysis

9.2.2.     By Component Market Share Analysis

9.2.3.     By Distribution Channel Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         Saudi Arabia Hemp Beer Market Outlook

9.2.4.1.1.             Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2.             Market Share & Forecast

9.2.4.1.2.1. By Type Market Share Analysis

9.2.4.1.2.2. By Component Market Share Analysis

9.2.4.1.2.3. By Distribution Channel Market Share Analysis

9.2.4.2.         UAE Hemp Beer Market Outlook

9.2.4.2.1.             Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2.             Market Share & Forecast

9.2.4.2.2.1. By Type Market Share Analysis

9.2.4.2.2.2. By Component Market Share Analysis

9.2.4.2.2.3. By Distribution Channel Market Share Analysis

9.2.4.3.         Qatar Hemp Beer Market Outlook

9.2.4.3.1.             Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2.             Market Share & Forecast

9.2.4.3.2.1. By Type Market Share Analysis

9.2.4.3.2.2. By Component Market Share Analysis

9.2.4.3.2.3. By Distribution Channel Market Share Analysis

9.2.4.4.         Kuwait Hemp Beer Market Outlook

9.2.4.4.1.             Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2.             By Type Market Share Analysis

9.2.4.4.3.             By Component Market Share Analysis

9.2.4.4.4.             By Distribution Channel Market Share Analysis

9.2.4.5.         South Africa Hemp Beer Market Outlook

9.2.4.5.1.             Market Size & Forecast

9.2.4.5.1.1. By Value

9.2.4.5.2.             Market Share & Forecast

9.2.4.5.2.1. By Type Market Share Analysis

9.2.4.5.2.2. By Component Market Share Analysis

9.2.4.5.2.3. By Distribution Channel Market Share Analysis

10.   South America Hemp Beer Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type Market Share Analysis

10.2.2.  By Component Market Share Analysis

10.2.3.  By Distribution Channel Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      Brazil Hemp Beer Market Outlook

10.2.4.1.1.           Market Size & Forecast

10.2.4.1.1.1.               By Value

10.2.4.1.2.           Market Share & Forecast

10.2.4.1.2.1.               By Type Market Share Analysis

10.2.4.1.2.2.               By Component Market Share Analysis

10.2.4.1.2.3.               By Distribution Channel Market Share Analysis

10.2.4.2.      Argentina Hemp Beer Market Outlook

10.2.4.2.1.           Market Size & Forecast

10.2.4.2.1.1.               By Value

10.2.4.2.2.           Market Share & Forecast

10.2.4.2.2.1.               By Type Market Share Analysis

10.2.4.2.2.2.               By Component Market Share Analysis

10.2.4.2.2.3.               By Distribution Channel Market Share Analysis

10.2.4.3.      Colombia Hemp Beer Market Outlook

10.2.4.3.1.           Market Size & Forecast

10.2.4.3.1.1.               By Value

10.2.4.3.2.           Market Share & Forecast

10.2.4.3.2.1.               By Type Market Share Analysis

10.2.4.3.2.2.               By Component Market Share Analysis

10.2.4.3.2.3.               By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  Increasing Demand for Beer

11.1.2.  Growing Population of Health-Conscious Consumer

11.1.3.   Increasing Demand from Young Population

11.2.              Challenges

11.2.1.  High Production Cost

11.2.2.  Strict Regulations and Policies

12.  Impact of COVID-19 on Global Hemp Beer Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Increasing Product Availability

13.2.              Change in Consumer Behavior

13.3.              Rising Consumption of Alcohol

13.4.              Surge in Demand for of Flavored Beverages

14.  Porter’s Five Forces Model

14.1.              Competitive Rivalry

14.2.              Bargaining Power of Buyers

14.3.              Bargaining Power of Suppliers

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  SWOT Analysis

15.1.              Strengths

15.2.              Opportunities

15.3.              Weakness

15.4.              Threat

16.  Competitive Landscape

16.1.              Company Profiles

16.1.1.  Canopy Growth Corporation

16.1.1.1.      Company Details

16.1.1.2.      Products & Services

16.1.1.3.      Financial (As Per Availability)

16.1.1.4.      Key Market Focus & Geographical Presence

16.1.1.5.      Recent Development

16.1.1.6.      Key Management Personnel

16.1.2.  Heineken N.V.

16.1.2.1.      Company Details

16.1.2.2.      Products & Services

16.1.2.3.      Financial (As Per Availability)

16.1.2.4.      Key Market Focus & Geographical Presence

16.1.2.5.      Recent Development

16.1.2.6.      Key Management Personnel

16.1.3.  SPRG Products, LLC.

16.1.3.1.      Company Details

16.1.3.2.      Products & Services

16.1.3.3.      Financial (As Per Availability)

16.1.3.4.      Key Market Focus & Geographical Presence

16.1.3.5.      Recent Development

16.1.3.6.      Key Management Personnel

16.1.4.  Ceria, Inc

16.1.4.1.      Company Details

16.1.4.2.      Products & Services

16.1.4.3.      Financial (As Per Availability)

16.1.4.4.      Key Market Focus & Geographical Presence

16.1.4.5.      Recent Development

16.1.4.6.      Key Management Personnel

16.1.5.  Two Roots Brewing Co

16.1.5.1.      Company Details

16.1.5.2.      Products & Services

16.1.5.3.      Financial (As Per Availability)

16.1.5.4.      Key Market Focus & Geographical Presence

16.1.5.5.      Recent Development

16.1.5.6.      Key Management Personnel

16.1.6.  Flying Dog Brewery, LLLP

16.1.6.1.      Company Details

16.1.6.2.      Products & Services

16.1.6.3.      Financial (As Per Availability)

16.1.6.4.      Key Market Focus & Geographical Presence

16.1.6.5.      Recent Development

16.1.6.6.      Key Management Personnel

16.1.7.  BevCanna Enterprises Inc.

16.1.7.1.      Company Details

16.1.7.2.      Products & Services

16.1.7.3.      Financial (As Per Availability)

16.1.7.4.      Key Market Focus & Geographical Presence

16.1.7.5.      Recent Development

16.1.7.6.      Key Management Personnel

16.1.8.  Coalition Brewing Co. Ltd.

16.1.8.1.      Company Details

16.1.8.2.      Products & Services

16.1.8.3.      Financial (As Per Availability)

16.1.8.4.      Key Market Focus & Geographical Presence

16.1.8.5.      Recent Development

16.1.8.6.      Key Management Personnel

16.1.9.  dupetit Natural Products GmbH

16.1.9.1.      Company Details

16.1.9.2.      Products & Services

16.1.9.3.      Financial (As Per Availability)

16.1.9.4.      Key Market Focus & Geographical Presence

16.1.9.5.      Recent Development

16.1.9.6.      Key Management Personnel

16.1.10.   Anheuser-Busch Companies LLC

16.1.10.1.    Company Details

16.1.10.2.    Products & Services

16.1.10.3.    Financial (As Per Availability)

16.1.10.4.    Key Market Focus & Geographical Presence

16.1.10.5.    Recent Development

16.1.10.6.    Key Management Personnel

17.  Strategic Recommendations/Action Plan

17.1.              Key Focus Areas

17.2.              Target Regions & Countries

17.3.              Target Type

17.4.              Target Component

Figures and Tables

Frequently asked questions

Frequently asked questions

Cannabis-infused drinks come under alcoholic drinks and non-alcoholic drinks. The minimum age limit to consume alcohol depends on the country. For instance, the legal drinking age in US is 21years old, in India the age is 25 years old.

The major players operating in the market are Canopy Growth Corporation, Heineken N.V., Sprig Products LLC, CERIA, INC, Two Roots Brewing Co, Flying Dog Brewery, LLLP, BevCanna Enterprises Inc. (Keef Brands), Coalition Brewing Co Ltd., dupetit Natural Products GmbH, Anheuser-Busch Companies LLC.

Hemp Beer can produce drowsiness, relaxation, euphoria, and other signs of cannabis intoxication because they contain the psychoactive chemical THC. The amount of THC in various types of cannabis-infused beverages varies, thus signs and symptoms may vary from person to person depending on what was ingested.

Many producers of beverages containing cannabis make claims about how their products are "gentle," "smooth," and can be “less intoxicating”." Cannabis-infused beverages purportedly have fewer calories and don't give a hangover like alcoholic drinks do. Some are advertised as alternatives to alcohol. There isn't any proof, that cannabis-infused cocktails are healthier than alcoholic ones.

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