Global 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) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Cannabidiol (CBD) Infused Edible Market
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.
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.
Furthermore, the growing promotional activities in underdeveloped countries to spread awareness about CBD edibles will further generate various profitable opportunities for the cannabidiol (CBD) infused edible market in the forecast period of 2022 to 2029. On the flip side, the factors such as the increasing regulations along with rising side effects of cannabidiol (CBD) infused edible might also pose as a major challenge for the market growth rate.
This cannabidiol (CBD) infused edible market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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. To gain more info on cannabidiol (CBD) infused edible market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cannabidiol (CBD) Infused Edible Market Scope and Market Size
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.
Cannabidiol (CBD) Infused Edible Market Country Level Analysis
The cannabidiol (CBD) infused edible market is analyses and market size, volume information is provided by source, type, form, grade and application as referenced above.
The countries covered in the cannabidiol (CBD) infused edible market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
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 country section of the cannabidiol (CBD) infused edible market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cannabidiol (CBD) Infused Edible Market Share Analysis
The cannabidiol (CBD) infused edible market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cannabidiol (CBD) infused edible market.
Some of the major players operating in the cannabidiol (CBD) infused edible market report are 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.
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