The CBD-infused products market
Meticulous Research®—a leading global market research company, published a research report titled ‘CBD-infused Products Market—Global Opportunity Analysis and Industry Forecast (2025-2032)’. According to this latest publication, the CBD-infused products market is expected to reach $291.39 billion by 2032, at a CAGR of 30.6% from 2025 to 2032.
The CBD-infused goods market is expanding due to rising
demand for cannabis, legalization, and increased interest in cannabis-infused
edibles. Furthermore, the medical and therapeutic health benefits of CBD
products are increasing their appeal. However, issues such as the expensive
cost of cannabidiol (CBD) and stringent cannabis regulations in some countries
may impede its progress. Despite these limits, new opportunities are emerging,
particularly in the fields of cannabis-infused pet food and beverages.
The CBD-infused goods industry is moderately competitive,
with numerous large and small companies on both a global and regional scale.
Canopy Growth Corporation (Canada), Aurora Cannabis Inc. (Canada), Maricann
Inc. (Canada), Tilray Brands, Inc. (Canada), GW Pharmaceuticals plc (U.K.),
MediPharm Labs Corp. (Canada), Cresco Labs, Inc. (U.S.), Tauriga Sciences, Inc.
(U.S.), MariMed Inc. (U.S.), CV Sciences, Inc. (U.S.), Kona Gold Beverage, Inc.
(U.S.), Bhang Inc. (U.S.), DT Brands & Co. (N.I.) Ltd.
The market is divided into three segments: source, kind, and
distribution channel. Among the sources, hemp is predicted to dominate,
accounting for 76.3% of the market by 2024. Hemp-based CBD products are
especially popular since they contain less THC, which reduces high effects and
makes them safe for a variety of medical applications. Furthermore, the
anti-inflammatory, anti-aging, and antioxidant benefits of hemp-derived CBD add
to its market dominance.
In terms of product type, edibles are predicted to dominate the market with a
33.6% share by 2024. This trend is being driven by an increase in demand for
cannabis-infused foods, particularly in the recreational sector, as well as the
growing popularity of CBD in verticals like as confectionery and baking.
Customers are also resorting to CBD edibles as an alternative to smoking.
In terms of distribution channels, the offline segment is
expected to dominate the market in 2024. In-person purchasing is still
preferred due to the perception of authenticity and the need for a more
customized shopping experience, which encourages the expansion of physical
retail outlets in the CBD-infused products industry.
Geographically, North America is predicted to lead the market, accounting for
59.5% of the worldwide share in 2024 and worth an estimated $26.76 billion.
This dominance is fueled by factors like as simple access to CBD products,
technological breakthroughs in manufacturing, a big consumer base, and CBD's
growing appeal for both medical and recreational purposes. Furthermore,
heightened knowledge of the health advantages of CBD and rising consumer
spending strengthen North America's strong position.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5184
Key Questions
Answered in the Report-
·
What is the value of revenue generated by the sale of CBD-infused
products?
·
At what rate is the global demand for CBD-infused products projected to
grow for the next five to seven years?
·
What is the historical market size and growth rate for the CBD-infused
products market?
·
What are the major factors impacting the growth of this market at global
and regional levels?
·
What are the major opportunities for existing players and new entrants
in the market?
·
Which source, type, and distribution channel segments create major
traction for the manufacturers in this market?
·
What are the key geographical trends in this market? Which
regions/countries are expected to offer significant growth opportunities for
the manufacturers operating in the CBD-infused products market?
·
Who are the major players in the CBD-infused products market? What are
their specific product offerings in this market?
·
What recent developments have taken place in the CBD-infused products
market? What impact have these strategic developments created on the market?
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