THC Water Market Size, Share & Trends Analysis Report By Flavor (Citrus, Berry, Tropical, Herbal), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online), By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED: August 14, 2024

PAGES: 100 Pages

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The global THC water market size to reach USD 326.3 million in 2030 and is anticipated to grow at a CAGR of 25.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Sparkling water is often perceived as a premium product compared to still water. This perception extends to the tetrahydrocannabinol (THC) water market, where sparkling THC water is viewed as a more sophisticated and upscale option. The premium image associated with sparkling water can justify higher price points and appeal to consumers willing to pay more for a perceived better quality or more enjoyable product. This premium positioning helps drive the dominance of sparkling THC water in the market.

The demand for flavor tetrahydrocannabinol water is dominating the global market. Flavored THC water fits well into social and recreational settings where traditional sparkling beverages like sodas and alcoholic drinks are consumed. The effervescence and presentation of flavored THC water make it a suitable alternative for those who want to enjoy a THC-infused beverage in social gatherings without the need for alcohol. This social compatibility enhances its appeal and contributes to its market dominance.

North America accounted for the largest share of the market and is estimated to expand at a significant CAGR over the forecast period. The ongoing legalization of cannabis across various states in the U.S. and Canada is a major trend shaping the tetrahydrocannabinol water market. As more regions decriminalize and regulate cannabis, the market for THC-infused products, including water, is expanding. Regulatory evolution is leading to clearer guidelines and safety standards, which are helping to boost consumer confidence and acceptance.

The global THC water market is characterized by the presence of numerous well-established players such as CannaCraft Inc., Cann Social Tonics, Keef Brands, Bent Paddle Brewing Co, Drink Delta, Sensi Co., Calexo, Snapdragon Hemp, WLD WTR, Climbing Kites, and others. Companies are developing new and unique Many leading brands in the THC beverage market have focused on developing and promoting sparkling THC water, leveraging their marketing and distribution channels to establish strong brand recognition and consumer loyalty. This focus on sparkling options has further cemented its position as the dominant product type in the THC water market. The branding strategies employed often emphasize the refreshing and premium nature of THC water, reinforcing consumer preferences and driving market growth.

THC Water Market Report Highlights:

Europe is expected to grow with the fastest CAGR over the forecast period from 2024 to 2030. European consumers are increasingly drawn to wellness-oriented and functional beverages. THC water, which is often marketed as a health-conscious alternative to traditional cannabis consumption, aligns with this trend. The emphasis on natural ingredients, stress relief, and relaxation appeals to health-conscious consumers seeking holistic solutions.
The berry-flavored THC water market is estimated to grow with the fastest CAGR over the forecast period. Berry-flavored THC water has received positive feedback from consumers for its taste and refreshing qualities. This positive word-of-mouth and trust in the flavor profile encourage new consumers to try the product, further solidifying its market position. Satisfied customers are more likely to recommend the product to others, contributing to its widespread popularity.
Demand for THC water through online retail stores is expected to grow with the fastest CAGR over the forecast period from 2024 to 2030. Advancements in e-commerce technology, such as secure payment gateways, mobile-friendly websites, and efficient logistics, have made online shopping more accessible and user-friendly. These technological improvements enhance the overall online shopping experience, making it easier for consumers to purchase THC water and other cannabis products.

Product Code: GVR-4-68040-417-1

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Type Snapshot
2.3. Flavor Snapshot
2.4. Distribution Channel Snapshot
2.5. Competitive Landscape Snapshot

Chapter 3. THC Water Market Variables, Trends & Scope

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.3.2. Manufacturing & Technology Trends
3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunity Analysis
- 3.4.4. Market Challenges
3.5. Business Environment Analysis- Porter's Five Forces Analysis
3.6. Market Entry Strategies

Chapter 4. THC Water Market: Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Type Adoption
4.5. Observations & Recommendations

Chapter 5. THC Water Market: Flavor Estimates & Trend Analysis

5.1. THC Water Market, by Flavor: Key Takeaways
5.2. Flavor Movement Analysis & Market Share, 2023 & 2030
5.3. Citrus
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4. Berry
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5. Tropical
- 5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.6. Herbal
- 5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.7. Others
- 5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 6. THC Water Market: Distribution Channel Estimates & Trend Analysis

6.1. THC Water Market, by Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
6.3. Hypermarkets & Supermarkets
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4. Specialty Stores
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5. Online
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.6. Others
- 6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. THC Water Market: Regional Estimates & Trend Analysis

7.1. THC Water Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. U.S.
  - 7.3.2.1. Key country dynamics
  - 7.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Canada
  - 7.3.3.1. Key country dynamics
  - 7.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. UK
  - 7.4.2.1. Key country dynamics
  - 7.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.3. Germany
  - 7.4.3.1. Key country dynamics
  - 7.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.4. Netherlands
  - 7.4.4.1. Key country dynamics
  - 7.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.5. Rest of the World
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 8. Competitive Analysis

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Type Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
- 8.9.1. CannaCraft Inc.
  - 8.9.1.1. Company Overview
  - 8.9.1.2. Financial Performance
  - 8.9.1.3. Type Portfolios
  - 8.9.1.4. Strategic Initiatives
- 8.9.2. Cann Social Tonics.
  - 8.9.2.1. Company Overview
  - 8.9.2.2. Financial Performance
  - 8.9.2.3. Type Portfolios
  - 8.9.2.4. Strategic Initiatives
- 8.9.3. Keef Brands
  - 8.9.3.1. Company Overview
  - 8.9.3.2. Financial Performance
  - 8.9.3.3. Type Portfolios
  - 8.9.3.4. Strategic Initiatives
- 8.9.4. Bent Paddle Brewing Co.
  - 8.9.4.1. Company Overview
  - 8.9.4.2. Financial Performance
  - 8.9.4.3. Type Portfolios
  - 8.9.4.4. Strategic Initiatives
- 8.9.5. Drink Delta
  - 8.9.5.1. Company Overview
  - 8.9.5.2. Financial Performance
  - 8.9.5.3. Type Portfolios
  - 8.9.5.4. Strategic Initiatives
- 8.9.6. Sensi Co.
  - 8.9.6.1. Company Overview
  - 8.9.6.2. Financial Performance
  - 8.9.6.3. Type Portfolios
  - 8.9.6.4. Strategic Initiatives
- 8.9.7. Calexo
  - 8.9.7.1. Company Overview
  - 8.9.7.2. Financial Performance
  - 8.9.7.3. Type Portfolios
  - 8.9.7.4. Strategic Initiatives
- 8.9.8. Snapdragon Hemp
  - 8.9.8.1. Company Overview
  - 8.9.8.2. Financial Performance
  - 8.9.8.3. Type Portfolios
  - 8.9.8.4. Strategic Initiatives
- 8.9.9. WLD WTR
  - 8.9.9.1. Company Overview
  - 8.9.9.2. Financial Performance
  - 8.9.9.3. Type Portfolios
  - 8.9.9.4. Strategic Initiatives
- 8.9.10. Climbing Kites.
  - 8.9.10.1. Company Overview
  - 8.9.10.2. Financial Performance
  - 8.9.10.3. Type Portfolios
  - 8.9.10.4. Strategic Initiatives

Product Code: GVR-4-68040-417-1

List of Tables

Table 1 Key Companies involved in mergers/acquisitions
Table 2 THC water market estimates & forecast, by flavor (USD Million)
Table 3 THC water market estimates & forecast by distribution channel (USD Million)
Table 4 US macro-economic outlay
Table 5 Canada macro-economic outlay
Table 6 Germany macro-economic outlay
Table 7 UK macro-economic outlay
Table 8 Netherlands macro-economic outlay
Table 9 Recent developments & impact analysis, by key market participants
Table 10 Participant's Overview
Table 11 Financial Performance
Table 12 Product Benchmarking
Table 13 Company market share, 2023
Table 14 Company heat map analysis
Table 15 Key companies involved in mergers/acquisitions

List of Figures

Fig. 1 THC water market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 THC water market snapshot
Fig. 7 Flavor snapshot
Fig. 8 Distribution Channel snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global THC water market - Penetration & growth prospect mapping
Fig. 11 Global THC water market - Value chain analysis
Fig. 12 THC water market dynamics
Fig. 13 Factors affecting buying decisions for THC water
Fig. 14 THC Water market, by flavor: Key takeaways
Fig. 15 THC Water market, by flavor: Market share, 2023 & 2030
Fig. 16 Citrus-flavored THC water market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 17 Berry-flavored THC water market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Tropical-flavored THC water market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Herbal-flavored THC water market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 20 Others flavored THC water market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 21 THC water market, by distribution channel: Key takeaways
Fig. 22 THC water market, by distribution channel: Market share, 2023 & 2030
Fig. 23 THC water market estimates and forecasts through hypermarkets & supermarkets, 2018 - 2030 (USD Million)
Fig. 24 THC water market estimates and forecasts through specialty stores, 2018 - 2030 (USD Million)
Fig. 25 THC water market estimates and forecasts through online, 2018 - 2030 (USD Million)
Fig. 26 THC water market estimates and forecasts through other stores, 2018 - 2030 (USD Million)
Fig. 27 THC water market revenue, by region, 2023 & 2030, (USD Million)
Fig. 28 Regional marketplace: Key takeaways (1/2)
Fig. 29 Regional marketplace: Key takeaways (2/2)
Fig. 30 North America THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 US THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 Canada THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 Europe THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Germany THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 UK THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 Netherlands THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 Rest of the World THC water market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 Company market share analysis, 2023
Fig. 39 Strategic framework of THC water market