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Report: Infused Beverages Market Expected to Hit $2.8 Billion by 2025 - Cannabis News
1 minute reading time (97 words)
Non-alcoholic CBD-infused beverages are the fastest-growing segment of the "drinkables" market, largely driven by the growing demand for wellness products as a replacement for soft drinks and alcohol.
The global market for cannabis-infused beverages could reach nearly three billion dollars within the next five years, according to a new report by Grand View Research.
The report predicts that the infused beverage market will grow at a Compound Annual Growth Rate (CAGR) of 17.8 percent, eventually reaching $2.8 billion in annual sales by 2025.
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Chris Moore ~ MerryJane.com ~