Hemp - Articles - Page 4 | Beverage Industry

BDSA update of cannabis market forecast projects $62.1B in sales by 2026

US growth up 38% in 2021 compared with 2020

September 21, 2021

Boulder, Colo.-based BDSA announced an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel and category. Cannabis sales for 2021 will near $31 billion, an increase of 41% more than 2020 sales. Further, BDSA forecasts global cannabis sales to grow from $30.6 billion in 2021 to $62.1 billion in 2026, a compound annual growth rate (CAGR) of more than 15%.

MAD TASTY inks deal with Southern Glazer’s Wine & Spirits

Hemp-based beverage will roll out in all Southern Glazer’s launch states starting immediately

August 6, 2021

Los Angeles-based MAD TASTY, a hemp-infused beverage brand founded by Ryan Tedder, lead singer of OneRepublic and three-time Grammy winning songwriter and producer, announces a deal with leading distributor Southern Glazer’s Wine & Spirits.

Kaló expands seltzer portfolio, distribution

4 new flavors utilize water-soluble hemp extract

July 8, 2021

Kaló, a handcrafted, locally-sourced hemp-infused seltzer, announced the expansion of its product portfolio to include four summer-ready new flavors: Black Cherry, Ruby Red Grapefruit, Ginger Lemonade and Blood Orange Mango.

Quatreau

May 3, 2021

Canopy Growth Corp. entered the U.S. CBD beverage category with the launch of Quatreau, a premium ready-to-drink CBD-infused sparkling water.

Ingredient Spotlight

Health, sustainability boost interest in plant-based proteins for beverages

Pea, hemp protein usage on the rise

Stephanie Cernivec

March 17, 2021

Vegan consumers might have gotten the plant-based diet movement started, but demand has perpetuated thanks primarily to growing consumer interest in health and sustainability, experts say.

Hemp Infusions Sparkling Beverages

December 9, 2020

Miraflora's has launched Hemp Infusions, a daily wellness beverage.

Ingredient Spotlight

Functional CBD brings calming effect to waters, teas

Consumer usage of CBD products on upswing

Barbara Harfmann

October 12, 2020

Cannabidiol (CBD) is helping consumers “mellow out” with an all-natural, functional ingredient designed to help alleviate pain, stress and anxiety. Twenty-eight percent of consumers are interested in trying CBD beverages, according to Mintel.