Add Brand as taxonomy:

    if ( ! function_exists( 'brand_tax' ) ) {
    
    // Register Custom Taxonomy
    function brand_tax() {
    
    	$labels = array(
    		'name'                       => _x( 'Brands', 'Taxonomy General Name', 'text_domain' ),
    		'singular_name'              => _x( 'Brand', 'Taxonomy Singular Name', 'text_domain' ),
    		'menu_name'                  => __( 'Brands', 'text_domain' ),
    		'all_items'                  => __( 'All brands', 'text_domain' ),
    		'parent_item'                => __( 'Parent brand', 'text_domain' ),
    		'parent_item_colon'          => __( 'Parent brand:', 'text_domain' ),
    		'new_item_name'              => __( 'New brand', 'text_domain' ),
    		'add_new_item'               => __( 'Add New brand', 'text_domain' ),
    		'edit_item'                  => __( 'Edit brand', 'text_domain' ),
    		'update_item'                => __( 'Update brand', 'text_domain' ),
    		'view_item'                  => __( 'View brand', 'text_domain' ),
    		'separate_items_with_commas' => __( 'Separate brands with commas', 'text_domain' ),
    		'add_or_remove_items'        => __( 'Add or remove brands', 'text_domain' ),
    		'choose_from_most_used'      => __( 'Choose from the most used', 'text_domain' ),
    		'popular_items'              => __( 'Popular brands', 'text_domain' ),
    		'search_items'               => __( 'Search brands', 'text_domain' ),
    		'not_found'                  => __( 'Not Found', 'text_domain' ),
    		'no_terms'                   => __( 'No brands', 'text_domain' ),
    		'items_list'                 => __( 'brands list', 'text_domain' ),
    		'items_list_navigation'      => __( 'brands list navigation', 'text_domain' ),
    	);
    	$args = array(
    		'labels'                     => $labels,
    		'hierarchical'               => true,
    		'public'                     => true,
    		'show_ui'                    => true,
    		'show_admin_column'          => true,
    		'show_in_nav_menus'          => true,
    		'show_tagcloud'              => true,
    	);
    	register_taxonomy( 'brand', array( 'product' ), $args );
    
    }
    add_action( 'init', 'brand_tax', 0 );
    
    }


Modify your code like this now

    add_filter( 'the_title', 'custom_the_title', 10, 2 );  
    function custom_the_title( $title, $post_id ) {      
    	$post_type = get_post_field( 'post_type', $post_id, true );  
    	if( $post_type == 'product' ){
    		$terms = get_the_terms( $post_id, 'brand' );
    		foreach($terms as $term){
    			$output .=  "<span>".$term->name."</span>";
    		}
    		$title .= "<br><p>".$output ."</p>";
    	}
    	return $title;  
    }

You can change markup as per your design..