CBD Food and Beverage Market 2020-25: Industry Trends, Size, Share, Analysis and Forecast Report


Posted July 2, 2021 by imarcgroup1

The global CBD food and beverage market grew at a CAGR of around 21% during 2014-2019 and expects the market to continue its strong growth during the next five years

 
According to the latest report by IMARC Group, titled “CBD Food and Beverage Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global CBD food and beverage market grew at a CAGR of around 21% during 2014-2019 and expects the market to continue its strong growth during the next five years

Cannabidiol (CBD) is a non-psychoactive derivative of cannabis infused with various food products and beverages. These edible items aid in treating anxiety, insomnia, inflammation, hyperemesis, osteoporosis, and other health conditions. They are considered healthier than smoking cannabis as they reduce exposure to tar and carcinogens. Some of the CBD-infused food and beverages available in the market include tea, gummies, ice cream, chocolates, and bakery items.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global CBD Food and Beverage Market Trends:

The rising legalization of recreational cannabis in various countries, such as the United States, Canada, and Mexico, is positively influencing the sales of CBD food and beverages. Moreover, the increasing shift from smoking cannabis to healthier edible alternatives due to the growing prevalence of respiratory ailments is driving the market. Apart from this, the rising adoption of CBD-infused edible products for treating nausea, weight loss, poor appetite, and muscle spasms in cancer patients is anticipated to strengthen the growth of the market.

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Global CBD Food and Beverage Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key 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 N.V.), NaturalXtract, New Age Beverages Corporation and The Supreme Cannabis Company Inc.

The report has segmented the market on region, source, product type and distribution channel

Breakup by Source:

Marijuana Derived
Hemp Derived
Synthetic

Breakup by Product Type:

Bakery Products
Chocolate
Cereal Bars
Candies
Beverages
Ice Cream
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online
Others

Breakup by Region:

North America: (United States,Canada)
Asia Pacific: (China, South Korea, Australia, Others)
Europe: (Germany, United Kingdom, Netherlands, Spain, Others)
Latin America: (Brazil, Argentina, Others)
Middle East and Africa: (South Africa, Israel)

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/cbd-food-beverage-market

We are updating reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key 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
Comprehensive 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 a part of the customization

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Issued By Kanika Sharma
Business Address 30 N Gould St Ste R Sheridan, WY 82801 USA
Country United States
Categories Blogging
Last Updated July 2, 2021