Cannabis Beverages Market Size to Reach USD 8,521.6 Million by 2027; Possession of Functional Benefits to Propel Growth, Says Fortune Business Insights(TM)Posted by On

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Cannabis Beverages Market Size to Reach USD 8,521.6 Million by 2027; Possession of Functional Benefits to Propel Growth, Says Fortune Business Insights(TM)

Pune, Sep 16, 2020 (GLOBE NEWSWIRE via COMTEX) —

The global cannabis beverages market size is set to gain impetus from the increasing popularity of these products owing to their possession of several functional benefits, such as easy availability, ease of administration, and portion-controlled doses. Fortune Business Insights(TM) presented this information in a new study, titled, “Cannabis Beverages Market Size, Share & COVID-19 Impact Analysis, By Type (Alcoholic and Non-alcoholic), Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the market size stood at USD 367.4 Million in 2019 and is projected to reach USD 8,521.6 Million by 2027, exhibiting a CAGR of 50.9% in the…

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