HEMP BEVERAGE MARKET REPORT
Analysis of the Alternative Beverage World
Key findings…
- Market Overview: Broad and wide hemp drinks, including seltzers, shots, spirits, and kegs, contain cannabinoids like CBD, Delta-8, Delta-9, CBG, and CBGa.
- Market Statistics: The market is expected to grow significantly over the next five years. 12-ounce cans dominate the market, making up nearly 80% of offerings.
- Brand Statistics: There are 171 brands in the US market, with the top 10 brands accounting for about 41% of the market. California, Minnesota, and New York are key hubs for brand headquarters.
- Product Statistics: Lots of ingredients and formulas. The report covers various attributes like sugar content,
- plant-based ingredients, gluten-free status, and vegan certification.
- Pricing Statistics: There is great divergence in how hemp beverages are priced in the US marketplace. We analyzed different packaging alternatives including bottles, cans and shots and their mix of Ingredients.
