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Cannabis-based Alcoholic Beverage Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Social Acceptance Of Cannabis to boost the Market Growth | Technavio

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Technavio has been monitoring the cannabis-based alcoholic beverage market and it is poised to grow by $ 155.28 mn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

  • What are the major trends in the market? Growing prominence of online retailing is a major trend driving the growth of the market.
  • At what rate is the market projected to grow? The year-over-year growth for 2020 is estimated at 16.88% and the incremental growth of the market is anticipated to be $ 155.28 million.
  • Who are the top players in the market? Anheuser-Busch InBev, CannaVines, Dutch Windmill Spirits BV, Heineken NV, Klosterbrauerei WeiŸenohe GmbH & Co.KG, MJ Wines LLC, NABC, Inc., Rebel Coast Winery, and Winabis, Wine & Cannabis, are some of the major market participants.
  • What are the key market drivers and challenges? The social acceptance of cannabis is one of the major factors driving the market.
  • How big is the North America market? The North America region will contribute 51% of the market share

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Anheuser-Busch InBev, CannaVines, Dutch Windmill Spirits BV, Heineken NV, Klosterbrauerei WeiŸenohe GmbH & Co.KG, MJ Wines LLC, NABC, Inc., Rebel Coast Winery, and Winabis, Wine & Cannabis are some of the major market participants. The social acceptance of cannabis will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Cannabis-based Alcoholic Beverage Market 2020-2024: Segmentation

Cannabis-based Alcoholic Beverage Market is segmented as below:

  • Product
    • Cannabis-infused Beers
    • Cannabis-infused Spirits
    • Cannabis-infused Wines
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample:

Cannabis-based Alcoholic Beverage Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cannabis-based alcoholic beverage market report covers the following areas:

  • Cannabis-based Alcoholic Beverage Market Size
  • Cannabis-based Alcoholic Beverage Market Trends
  • Cannabis-based Alcoholic Beverage Market Industry Analysis

This study identifies growing prominence of online retailing as one of the prime reasons driving the cannabis-based alcoholic beverage market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Cannabis-based Alcoholic Beverage Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist cannabis-based alcoholic beverage market growth during the next five years
  • Estimation of the cannabis-based alcoholic beverage market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the cannabis-based alcoholic beverage market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cannabis-based alcoholic beverage market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Cannabis-infused beers – Market size and forecast 2019-2024
  • Cannabis-infused spirits – Market size and forecast 2019-2024
  • Cannabis-infused wines – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor analysis

  • Vendors covered
  • Anheuser-Busch InBev
  • California Dreamin’
  • CannaVines
  • Dutch Windmill Spirits BV
  • Heineken NV
  • Klosterbrauerei WeiŸenohe GmbH & Co.KG
  • MJ Wines LLC
  • Rebel Coast Winery


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations


About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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