Supply Chain Ecosystem Analysis now part of DBMR Reports
Global CBD Nutraceuticals Market, By Product Type (CBD Tinctures, Capsules & Soft gels, CBD Gummies, Others), Sales Channel (Retail Stores, Online, Pharmacies), 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, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The global CBD nutraceuticals market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 19.66 billion and grow at a CAGR of 18.20% in the above-mentioned forecast period. Rise in the demand for various hemp proteins among bodybuilder’s acts as an essential factor driving the CBD nutraceuticals market.
Cannabidiol (CBD) is defined as a phytocannabinoid which is discovered in 1940. It is one of 113 identified cannabinoids in cannabis plants, along with tetrahydrocannabinol (THC), and accounts for up to 40% of the plant's extract. Cannabinoids got the name as they were only found in the plants called cannabis at first and it was later discovered that they also exist in other different plants, even in human body.
Rise in the consumer preference for various plant-based supplements is a vital factor escalating the market growth, also rise in the awareness about medical benefits of cannabidiol and its remedial properties, rise in the standard of living, and legalization of different CBD (cannabidiol) products and rise in the demand for various hemp proteins among bodybuilders, athletes, and vegan population are the major factors among others driving the CBD nutraceuticals market. Moreover, rise in the demand from emerging economies will further create new opportunities for the CBD nutraceuticals market in the forecast period of 2021- 2028.
However, rise in the presence of various alternatives, such as raspberry ketones, echinacea, garcinia, and Cambogia and turmeric is the major factors among others acting as restraints, and will further challenge the CBD nutraceuticals market in the forecast period.
The CBD nutraceuticals 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. To gain more info on the CBD nutraceuticals market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The CBD nutraceuticals market is segmented on the basis of product type and sales channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
The CBD nutraceuticals market is analysed and market size insights and trends are provided by country, product type and sales channel as referenced above.
The countries covered in CBD nutraceuticals market 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 dominates the CBD nutraceuticals market due to rise in the number of health-conscious consumers and rise in the awareness about medical benefits of cannabidiol and its remedial properties in this region.
The country section of the CBD nutraceuticals 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.
The CBD nutraceuticals 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 CBD nutraceuticals market.
The major players covered in the CBD nutraceuticals market report are Gaia Botanicals, LLC, CV Sciences, Inc., Elixinol LLC, ENDOCA, Garden of Life, Green Roads, Isodiol International Inc., Medical Marijuana, Inc. and Medterra, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Cbd Nutraceuticals Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Cbd Nutraceuticals Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.