CBD Nutraceuticals Market Analysis in 2025: Identifying Opportunities and Challenges
Aimed at strategic decision-makers, this report explores current opportunities, emerging trends, and market dynamics shaping the cbd nutraceuticals sector.
What Is The Current Outlook For The CBD Nutraceuticals Market By 2025?
The CBD nutraceuticals market size has grown rapidly in recent years. It will grow from $8.76 billion in 2024 to $10.38 billion in 2025 at a compound annual growth rate (CAGR) of 18.5%. The growth in the historic period can be attributed to product diversification, advancements in extraction methods, acceptance by healthcare professionals, expansion of retail channels, integration into consumer lifestyles
The CBD nutraceuticals market size is expected to see rapid growth in the next few years. It will grow to $20.02 billion in 2029 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to integration into mainstream wellness, quality control measures, shifting attitudes in healthcare, continued research and development, diversification of product range. Major trends in the forecast period include legalization and regulatory changes, consumer awareness and education, rise in health and wellness consciousness, expansion of product variety, research and development.
Get your free sample today:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10594&type=smp
What Are The Key Driving Factors For The Growth Of The CBD Nutraceuticals Market?
The increase in demand for plant-based food is expected to propel the growth of the CBD nutraceuticals market. Herbal supplements (plant-based dietary supplements) refer to dietary supplements obtained or prepared from the oils, roots, seeds, berries, or flowers of one or more herbs. Herbal supplements are gaining popularity over conventional supplements as they are made from natural sources and don’t contain hazardous chemicals. CBD nutraceuticals are derived from cannabis plants and have health benefits in addition to the basic nutritional value found in foods. Thus, the increase in demand for plant-based dietary supplements boosts the sales of CBD nutraceuticals. For instance, in April 2023, according to the Good Food Institute, a US-based non-profit organization, the global retail sales of plant-based meat and seafood in 2022 amounted to $6.1 billion, indicating an 8% growth in revenue and a 5% increase in weight. Therefore, the increase in demand for plant-based food is driving the growth of the CBD nutraceutical market.
Global CBD Nutraceuticals Market Report Segmentation
The cbd nutraceuticals market covered in this report is segmented –
1) By Product: CBD Tinctures, Capsules and Soft Gels, CBD-Based Protein, CBD Gummies
2) By Distribution Channel: Retail Stores, Pharmacies, E-Commerce Portals, Other Distribution Channels
3) By Application: Wellness, Workout Supplements, Edibles And Fortified Foods
Subsegments:
1) By CBD Tinctures: Full-Spectrum CBD Tinctures, Broad-Spectrum CBD Tinctures, Isolate CBD Tinctures
2) By Capsules And Soft Gels: CBD Oil Capsules, CBD Soft Gel Capsules, CBD Hemp Extract Capsules
3) By CBD-Based Protein: CBD Protein Powders, CBD Protein Bars, CBD Protein Supplements
4) By CBD Gummies: Regular CBD Gummies, Vegan CBD Gummies, Sugar-Free CBD Gummies
What Are The Main Trends, Positively Impacting The Growth Of CBD Nutraceuticals Market?
Product innovations are a key trend gaining popularity in the CBD nutraceuticals market. Major companies involved in the CBD nutraceuticals market are focused on innovating new products to strengthen and sustain their position in the market. For instance, in August 2024, Curaleaf Holdings Inc. is a US-based cannabis company launched JAMS Remix. Which is a new line of innovative, flavor-rich jellies created to meet the diverse needs of cannabis consumers. Utilizing fast-acting onset technology, these jellies feature unique multi-cannabinoid ratios along with functional ingredients to provide targeted effects for various times throughout the day. The product line includes three variants such as Shineapple, which combines THC, THCV, and CBG for a boost of motivation, Sootheberry, which features THC, CBD, and L-Theanine for relaxation; and Lullaberry, formulated for nighttime use with THC, CBN, CBD, and melatonin to encourage a sense of calm.
Who Are The Leading Players In The CBD Nutraceuticals Market?
Major companies operating in the CBD nutraceuticals market include CV Sciences Inc., Elixinol LLC, Medterra CBD, Charlotte’s Web Holdings Inc., Diamond CBD Inc., Garden of Life LLC, Green Roads, Isodiol International Inc., Medical Marijuana Inc., Cannavedic Pvt. Ltd., Canopy Growth Corporation, Folium Biosciences LLC, Gaia Botanicals LLC, Kats Botanicals Ltd., Medix CBD, Valens Company, Aphria Inc., Hemp Bombs, Cronos Group Inc., GW Pharmaceuticals Group plc, Harvest One Cannabis Inc., The Supreme Cannabis Company, Organigram Holdings Inc., HEXO Corp., Aleafia Health Inc., MediPharm Labs Corp., Joy Organics LLC, Shaman Botanicals LLC, Irwin Naturals Inc., HempFusion Wellness Inc.
View the full cbd nutraceuticals market report here:
https://www.thebusinessresearchcompany.com/report/cbd-nutraceuticals-global-market-report
Which Region Is Projected To Hold The Largest Market Share In The Global CBD Nutraceuticals Market By 2029?
North America was the largest region in the CBD nutraceuticals market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global CBD nutraceuticals market report forecast period. The regions covered in the CBD nutraceuticals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
#Contact Us:#
The Business Research Company
https://thebusinessresearchcompany.com/
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
#Follow Us On:#
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Comments
Post a Comment