Industry Growth, Share, Size, Demand and Future Scope – KhelPanda
According to the latest report from the IMARC group, entitled “CBD Food and Beverage Market Share: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2025”, the global CBD food and drink market has grown at a CAGR of around 21% during the period 2014-2019 and expects the market to continue its strong growth over the next five years
Cannabidiol (CBD) is a non-psychoactive derivative of cannabis infused with various food and drink products. These edible items help treat anxiety, insomnia, inflammation, hyperemesis, osteoporosis, and other health issues. They are considered healthier than smoking cannabis because they reduce exposure to tar and carcinogens. Some of the CBD infused food and drinks available in the market include tea, gummy candies, ice cream, chocolates, and baked goods.
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Global CBD Food and Drink Market Trends:
The increasing legalization of recreational cannabis in various countries, such as the United States, Canada, and Mexico, is positively influencing the sales of CBD foods and beverages. Additionally, the increasing shift from cannabis consumption to healthier edible alternatives due to the increasing prevalence of respiratory diseases is driving the market. Apart from this, the increasing adoption of edibles infused with CBD to treat nausea, weight loss, poor appetite, and muscle spasms in cancer patients is expected to boost market growth.
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Global CBD Food and Beverage Market Analysis and segmentation 2020-2025:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Alkaline88 LLC, Beverages Trade Network, Dixie Brands Inc., Green Roads (Affinity Beverage Group, Inc.), Kannaway LLC, Koios Beverage Corp., Lagunitas Brewing Company (Heineken NV), NaturalXtract, New Age Beverages Corporation and The Supreme Cannabis Company Inc.
The report segmented the market on region, source, product type, and distribution channel.
Breakdown by source:
- Derived from marijuana
- Derived from hemp
Breakdown by product type:
- Bakery products
- Cereal bars
- Ice cream
Breakdown by distribution channel:
- Supermarkets and hypermarkets
- Specialty stores
- Convenience Stores
- In line
Breakdown by region:
- North America: (United States, Canada)
- Asia-Pacific: (China, South Korea, Australia, others)
- Europe: (Germany, UK, Netherlands, Spain, Others)
- Latin America: (Brazil, Argentina, others)
- Middle East and Africa: (South Africa, Israel)
Ask the analyst for customization and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/cbd-food-beverage-market
We update the reports, if you want the latest primary and secondary data (2021-2026) with cost module, business strategy, distribution channel etc. Click request free sample report, the published report will be delivered to you in PDF format by email within 24-48 hours after full payment is received.
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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