The Cannabidiol (CBD) infused edible market report serves as a beacon, providing an acute awareness of evolving industry dynamics ahead of competitors. It delivers actionable, cutting-edge, and real-time insights into the Food & Beverage industry, empowering swift and informed business decision-making. This report unlocks new possibilities through superior research methodologies, advanced tools, and enriched experiences, offering a roadmap for exploration in uncharted territories. Moreover, the Cannabidiol (CBD) infused edible market report encapsulates historical data, current market trends, environmental analyses, technological innovations, and forthcoming advancements within the industry. It acts as a catalyst for businesses of all scales—large, medium, or small—providing the strength required not just to survive but to thrive in the market landscape.
Structured with state-of-the-art tools for data collection, recording, estimation, and analysis, this Cannabidiol (CBD) infused edible market research report offers an unparalleled market perspective. It unveils insights into product trends, marketing strategies, future product developments, new geographic markets, forthcoming events, sales strategies, and customer behaviors, fostering a profound understanding of industry dynamics and incredible techniques that give clients an advantageous position in the Food & Beverage industry. Businesses can leverage the comprehensive data, statistics, research findings, and insights presented within this Cannabidiol (CBD) infused edible market report to steer their business strategies effectively, ensuring maximum return on investment (ROI) and informed decision-making that sets them apart in the competitive marketplace.
The cannabidiol (CBD) infused edible market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the cannabidiol (CBD) infused edible market will project a CAGR of 25% for the forecast period of 2022-2029.
Overview of Cannabidiol (CBD) infused edible market:
Cannabidiol (CBD) infused edible are basically the food and beverages that contain cannabinoid drugs extracted from the Cannabis Sativa plant. These drugs can be primarily classified into tetrahydrocannabinol (THC) and cannabidiol (CBD). The cannabidiol (CBD) infused edible are widely adopted for treating insomnia, inflammation, chronic pain, depression, anxiety, hyperemesis, among others.
The increasing social acceptance of cannabis is the major factor fostering the growth of the cannabidiol (CBD) infused edible market. In addition to this, the increasing popularity of recreational marijuana and the increasing adoption of CBD in different verticals are other important factors acting as cannabidiol (CBD) infused edible market growth determinants in the forecast period of 2022 to 2029. Increasing demand for the cannabis products and increasing global healthcare spending has cushioned the overall growth of the market. Moreover, the rapid urbanization and growing number of population are estimated to accelerate the overall growth of the market. However, the high cost of the product is supposed to hamper the market’s growth in the forecast period of 2022 to 2029. Moreover, the dearth of investment and funds in cannabis sector will impede the overall growth of the market.
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Dynamics and Growth Drivers of Cannabidiol (CBD) infused edible market:
The cannabidiol (CBD) infused edible market is segmented on the basis of source, type, form, grade and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of source, the cannabidiol (CBD) infused edible market is segmented into hemp and marijuana.
On the basis of type, the cannabidiol (CBD) infused edible market is segmented into inorganic and organic.
The form segment of the cannabidiol (CBD) infused edible market is bifurcated into process oil, distillate and isolate
Grade segment of the cannabidiol (CBD) infused edible market is divided into food and therapeutics.
The application segment of the cannabidiol (CBD) infused edible market is segmented into baked products, chocolates and bars, drinks, gum and sprays, and sugar candies.
Regional Analysis/Insights of Cannabidiol (CBD) infused edible market:
North America region dominates the cannabidiol (CBD) infused edible market and will continue to flourish its trend of dominance during the forecast period owing to the technological advancements, changing lifestyles, awareness of CBD-infused products, and presence of other major market contributors within the region in the forecast period of 2022 to 2029.
Asia-Pacific, on the other hand is expected to show lucrative growth due to the high availability of raw materials required for producing CBD edibles, industrialization, and rapidly developing economy in the region.
The major companies which are dealing in the Cannabidiol (CBD) infused edible market:
Bhang Nation, KIVA CONFECTIONS, VCC BRANDS, Canopy Growth, Aurora Cannabis, Tilray, HEXO., OrganiGram Holdings, The Valens Company, INDIVA., and Neptune Wellness Solutions Inc., Cannabiniers, Canopy Growth Corporation, Aphria Inc., Daytrip Beverages, Koios Beverage Corp., G&Juice, Alkaline88, LLC, CANNABIS SATIVA, INC, Honeydrop Beverages, K-Zen Beverages Inc., General Cannabis, Aurora Cannabis, Tilray, Lagunitas Brewing Company, CBD Biotechnology Co. Ltd, NewAge Inc., Phivida Holdings Inc., Puration, Sprig, and UbU Sparkling Beverages among others.
Key Market Perspectives:
Thorough examination of prevailing market tendencies
Updates on the latest product advancements and innovations
Cannabidiol (CBD) infused edible market's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
Strategies and activities of prominent players and brands in the field
Insights into the industry landscape for emerging participants
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Segmentation of Cannabidiol (CBD) infused edible market:
By Source (Hemp, Marijuana), Type (Inorganic, Organic), Form (Process Oil, Distillate, Isolate), Grade (Food, Therapeutic), Distribution Channel (Offline Mode, Online Mode), Application (Baked Products, Chocolates and Bars, Drinks, Gum and Sprays, Sugar Candies), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa)
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