Global Full Spectrum Cannabidiol (CBD) Infused Edibles Market, By Source (Hemp, Marijuana), Form (Process Oil, Distillate, Isolate), Grade (Food, Therapeutic), Application (Food and Beverage, Cosmetic and Personal Care, Pharmaceutical, Others), 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 Full Spectrum Cannabidiol (CBD) Infused Edibles Market
The full spectrum cannabidiol (CBD) infused edibles market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the full spectrum cannabidiol (CBD) infused edibles market will rise to USD million by 2029 and to exhibit a CAGR of 5.6% for the forecast period of 2022-2029.
The full spectrum cannabidiol (CBD) infused edibles basically contains various cannabis plant extracts such as terpenes, essential oils, and cannabinol. They might also contain up to 0.3% of tetrahydrocannabinol (THC), the cannabinoid in the cannabis plant that produces the 'high' feeling in people.
The factors such as increasing social acceptance of cannabis along with increasing popularity of recreational marijuana are the major factors fostering the growth of the full spectrum cannabidiol (CBD) infused edibles market. Additionally, the increasing adoption of cannabidiol in different verticals, increasing demand for the cannabis products and increasing global healthcare spending are other important factors acting as full spectrum cannabidiol (CBD) infused edibles market growth determinants. Moreover, the growing application of cannabis in cancer coupled with health benefits offered by cannabis-infused products are estimated to accelerate the overall growth of the market. However, the dearth of investment and funds in cannabis sector is supposed to hamper the market’s growth. In addition to this, the high cost associated with cannabidiol might hinder overall growth of the market.
The usage of cannabis in food and increasing demand for cannabis in drinks and sports nutrition will further generate various profitable opportunities for the full spectrum cannabidiol (CBD) infused edibles market. However, the stringent government regulations against cannabis in certain countries might also pose as a major challenge for the market growth rate. The health risks associated with over consumption of cannabidiol is projected to impede the market’s growth.
This full spectrum cannabidiol (CBD) infused 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 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 full spectrum cannabidiol (CBD) infused edibles 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 Full Spectrum Cannabidiol (CBD) Infused Edibles Market Scope and Market Size
The full spectrum cannabidiol (CBD) infused edibles market is segmented on the basis of source, 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, full spectrum cannabidiol (CBD) infused edibles market is segmented into hemp and marijuana.
- On the basis of form, full spectrum cannabidiol (CBD) infused edibles market is segmented into process oil, distillate and isolate.
- On the basis of grade, full spectrum cannabidiol (CBD) infused edibles market is segmented into food and therapeutic.
- On the basis of application, full spectrum cannabidiol (CBD) infused edibles market is segmented into food and beverage, cosmetic and personal care, pharmaceutical and others.
Full Spectrum Cannabidiol (CBD) Infused Edibles Market Country Level Analysis
The full spectrum cannabidiol (CBD) infused edibles market is analyses and market size, volume information is provided by source, form, grade and application as referenced above.
The countries covered in the full spectrum cannabidiol (CBD) infused edibles 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 full spectrum cannabidiol (CBD) infused edibles market and will continue to flourish its trend of dominance during the forecast period owing to the growing application by pharmaceutical industries within the region. Asia-Pacific, on the other hand is expected to show lucrative growth due to the increasing disposable income of the people and its rising demand in developing economies such as India and China.
The country section of the full spectrum cannabidiol (CBD) infused edibles 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 Full Spectrum Cannabidiol (CBD) Infused Edibles Market Share Analysis
The full spectrum cannabidiol (CBD) infused edibles 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 full spectrum cannabidiol (CBD) infused edibles market.
Some of the major players operating in the full spectrum cannabidiol (CBD) infused edibles market report are Bhang Corporation, KIVA CONFECTIONS, VCC BRANDS, Canopy Growth Corporation, Aurora Cannabis, Tilray, Aphria, HEXO., OrganiGram Holdings, The Valens Company, INDIVA., Neptune Wellness Solutions Inc., Cannabiniers, Canopy Growth Corporation, Aphria Inc., General Cannabis, Aurora Cannabis, Tilray, CBD Biotechnology Co. Ltd, NewAge Inc., Phivida Holdings Inc., Puration, and Sprig among others.
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