CBD Edibles Market Size

CBD Edibles Market: Global Industry Analysis and Forecast (2023 -2029)

The CBD Edibles Market is projected to grow at a CAGR of 13.6% during the forecast period, from 2022 to 2029, to reach a market size of USD 28.5 billion by 2029, up from USD 10.01 Billion in 2022.

Global CBD Edibles Market are food products infused with cannabidiol (CBD), a non-psychoactive chemical derived from the cannabis plant. These delicacies take several forms, including gummies, chocolates, cookies, brownies, and beverages. They provide an easy and unobtrusive way to absorb CBD, with possible medicinal benefits without the euphoric effects of THC (tetrahydrocannabinol). CBD edibles are frequently sought for their possible calming, relaxing, and pain-relieving effects.

Recently, the market for CBD-infused snacks has grown significantly. This surge in popularity is primarily due to increased demand and acceptance of CBD-enhanced goods. These delectable delights have grown in popularity among consumers looking for natural cures for their health that do not contain the euphoric properties of regular cannabis products. CBD-infused products available on the market include sweets, gummies, baked goods, chocolates, and beverages.

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Regional Insights of the CBD Edibles Market

Asia Pacific: The growth of the CBD edibles market in the Asia Pacific region has accelerated due to a surge in consumer awareness and acceptance of CBD-related products. Although regulations related to CBD vary across countries in the region, many countries have either legalized or decriminalized the CBD products for either medical or recreational purposes. This has created opportunities for businesses of CBD edibles to enter the market and meet the increasing demand.

CBD Edibles Market Segmentation

The CBD Edibles market is segmented by product type, distribution channel, application, and end user. Among these options, the gummies available hold the greatest share, closely followed by cookies, tinctures, capsules, and a variety of other options. The online distribution method is at the forefront of sales, followed by traditional retail stores and direct purchases. The recreational and medical uses of CBD edibles are major factors in current market trends, with particular interest among adults and seniors who consume the products.

by Distribution Channel

Online
Retail Stores
Direct Sales

by Application

Recreational
Medical

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CBD Edibles Market Key Players:

1. Charlotte's Web
2. Green Roads
3. Kanibi
4. Medterra
5. Lord Jones
6. Hemplucid
7. Exhale Wellness
8. CBDfx
9. FAB CBD
10. Creamed Honey

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