Cannabidiol (CBD) Edibles Market is Expected to Expand at a CAGR of 24.80% by 2029 | Growth and Segmentation Analysis

An international cannabidiol (CBD) edibles market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. The market report comprises of a number of market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. This global market report includes all the company profiles of the major players and brands. Not to mention, cannabidiol (CBD) edibles report is amazingly characterized with the application of several charts, graphs and tables depending on the extent of data and information involved.

This cannabidiol (CBD) edibles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.

The market for cannabidiol (CBD) edibles will be fueled by the public’s growing understanding of marijuana’s positive effects on health. Additionally, the global market for cannabidiol (CBD) edibles is being positively impacted by rising consumer awareness of health issues and rising healthcare demand. Another crucial point is that if marijuana is legalised across several industries, the market for cannabidiol (CBD) edibles will grow more quickly.

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Market Analysis and Insights Global Cannabidiol (CBD) Edibles Market

Data Bridge Market Research analyses that the global cannabidiol (CBD) edibles market to be growing at a CAGR of 24.80% in the forecast period of 2022-2029. The rising production of hemp will drive the growth rate of cannabidiol (CBD) edibles market.

Due to their extraordinary therapeutic effects, cannabidiol (CBD) edibles are beneficial to users in a variety of ways. These CBD sweets, which come in a number of flavours and textures, provide hemp-based chemicals or cannabis to the body for stress and depression alleviation. They are also termed as cannabis-infused goods.

The increasing awareness about the health benefits linked with cannabis will drive the cannabidiol (CBD) edibles market. Furthermore, rising demand from healthcare industry and surging health awareness among consumers are some macroeconomic factors that are positively impacting the worldwide cannabidiol (CBD) edibles market. Another significant factor is legalization of cannabis in various industries will accelerate the growth rate of cannabidiol (CBD) edibles market. The rise in disposable income and increasing urbanization will flourish the growth rate of cannabidiol (CBD) edibles market. Changing lifestyle and increasing industrialization will further propel the growth rate of cannabidiol (CBD) edibles market. The rising number of population across the globe and technological advancement will also flourish the growth rate of cannabidiol (CBD) edibles market.

Global Cannabidiol (CBD) Edibles Market Scope and Market Size

The cannabidiol (CBD) edibles market is segmented on the basis of source type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Based on source type, the cannabidiol (CBD) edibles market is bifurcated into hemp and marijuana.

The application segment of the cannabidiol (CBD) edibles market is segmented into personal care and cosmetics, pharmaceutical, food and beverage and others.

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Cannabidiol (CBD) Edibles Market Country Level Analysis

The countries covered in the cannabidiol (CBD) edibles market report are:

North America dominates the cannabidiol (CBD) edibles market and will continue to flourish its trend of dominance during the forecast period due to the presence of major key players, changing lifestyle and technological advancement in this region. Asia-Pacific is estimated to grow at a significant rate during the forecast period of 2022-2029 due to availability of raw materials and rising industrialization in this region.

Competitive Landscape and Global Cannabidiol (CBD) Edibles Market Share Analysis

ENDOCA, Isodiol International Inc., Medical Marijuana, Inc., Canopy Growth Corporation, Elixinol., FOLIUM BIOSCIENCES, NuLeaf Naturals, LLC, PharmaHemp, Happy Hemp, The Purekana, CV Sciences, Inc., CHARLOTTE’S WEB, Aurora Cannabis, MGC Pharma, Creso Pharma, The Cronos Group, CHILL BRANDS GROUP plc, Curaleaf, Green Thumb Industries (GTI), Tilray, Ecofibre Limited, Colorado Botanicals, PLUS Products Wonders, Incredible Edibles, and Balance CBD, among others.

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Global Cannabidiol (CBD) Market Scope and Market Size

BY SOURCE

• HEMP
• MARIJUANA

 BY PRODUCT TYPE

• CBD OIL
• CBD ISOLATES
• CBD CONCENTRATES
• OTHERS

BY NATURE

• ORGANIC
• INORGANIC

BY GRADE

• FOOD GRADE
• THERAPEUTIC GRADE

BY APPLICATION

• Tincture
•  Food
•  Beverages
• Pharmaceutical
• Topicals
• Dietary supplements
• Others

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