Cannabis Edibles Market Expected to Quadruple to $4.1 Billion

From candy and chocolate to infused beverages, the cannabis edibles market will hit $4.1 billion by 2022 according to a research report from ArcView. Now many in the industry are stocking up on new edible offerings, including Cannabis One Holdings Inc. (CSE:CBIS) (OTC:CAAOF), Canopy Growth Corp (NYSE:CGC) (TSX:WEED), Koios Beverage Corp. (CSE:KBEV)(OTC:KBEVF), Tilray, Inc. (NASDAQ:TLRY) and HEXO Corp. (NYSE:HEXO) (TSX:HEXO).

Big Retail Bets on CBD Market Opportunity, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at how big retailers are jumping into the CBD space to ensure the product is on the shelves to meet future market demand.

Smart Consumers Demand More Functional Beverage Options

Consumers all around the world drink a variety of beverages, whether it’s soda, coffee, tea, energy drinks, or water. The marketplace is very diverse and offers consumers endless options. The industry is mainly being bolstered by sales within the carbonated drinks segment, however, the growing health awareness and lifestyle changes that the population is going through is causing the rapid emergence of functional drinks and bottled water. Governments are also implementing policies in order to raise societal awareness. While the two segments have always been prevalent, they were constantly overshadowed by the wide exposure of carbonated beverages. In combination with the dominance of carbonated beverages and the acceleration within the functional and bottled water segments, the marketplace is expected to witness immense growth. According to data compiled by Grand View Research, the global non-alcoholic beverage market was valued at USD 967.3 Billion in 2016 and is expected to grow at an estimated CAGR of 5.8% between 2017 to 2025. Koios Beverage Corp. (OTC: KBEVF) (CSE: KBEV), Walmart Inc. (NYSE: WMT), Costco Wholesale Corporation (NASDAQ: COST), Target Corporation (NYSE: TGT), GNC Holdings, Inc. (NYSE: GNC)

Beverage Companies Turn to Healthy Drinks as Consumer Demand Shifts

The beverage industry is being challenged with expanding or diversifying its portfolio in order to meet the changing consumer demand. Many large beverage companies are already investing in or acquiring other beverage businesses in order to accelerate their growth. The industry is already in its maturity stage, however, the beverage market is still expected to witness steady growth. According to data compiled by Allied Market Research, the non-alcoholic drinks market was valued at approximately USD 1.54 Trillion in 2015 and is expected to reach USD 2.09 Trillion by 2022. The non-alcoholic industry is being driven by seasonal demand and various campaigns. Additionally, with government initiatives to promote healthier drink options, many beverage companies have added product options to promote health and wellness. Koios Beverage Corp. (OTC: KBEVF), GNC Holdings, Inc. (NYSE: GNC), The Coca-Cola Company (NYSE: KO), Keurig Dr Pepper Inc. (NYSE: KDP), Cott Corporation (NYSE: COT)