DUBLIN, Oct. 4, 2024 (Globe Newswire) — The “Cannabidiol (CBD) Dietary Supplements – Global Market Overview” report has been added to ResearchAndMarkets.com's offering.
The global market for cannabidiol (CBD) nutraceuticals is expected to reach USD 29.1 billion by 2030 from an estimated USD 9.7 billion in 2024, registering a CAGR of 20% during the analysis period 2024-2030 has been.
Across the globe, the CBD Nutraceuticals market is poised to register above-average growth during the analysis period. Key reasons for this are the increasing demand for plant-based foods, growing awareness about the benefits of CBD nutraceuticals, and innovative products in the pipeline. CBD dietary supplements in capsule and softgel form are even more advanced.
Report scope
This global report on Cannabidiol (CBD) Dietary Supplements analyzes the market based on products, forms, and distribution channels. In addition to providing profiles of the major companies operating in this sector, the latest company and industry developments are also covered to give you a clear picture of where and how the market is progressing. Masu.
Key indicators
Historical period: 2021-2023 Base year: 2023 Forecast period: 2024-2030 Unit: Value market in USD Companies mentioned: 40+
Cannabidiol (CBD) Dietary Supplements Market by Geographic Regions
North America (United States, Canada, Mexico) Europe (France, Germany, Italy, Russia, Spain, United Kingdom, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific) South America (Argentina, Brazil and Rest of Europe) (South America) Rest of the World (Middle East and Africa)
North America represents the major global market for CBD nutraceuticals, due to the introduction of the 2018 Farm Bill legalizing the cultivation of hemp and the processing of hemp-derived products, This includes demand from consumers who are aware of the benefits. The growth of companies active in the region and the significant increase in the elderly population. However, Asia-Pacific is expected to be the fastest growing region globally for CBD nutraceuticals, driven by the entry of world-leading companies, lifestyle-related diseases and other These include an increase in health disorders and improved knowledge about healthier eating habits.
Cannabidiol (CBD) Dietary Supplements Market by Product
CBD oil is highly versatile and can be used in a wide range of applications such as capsules, tinctures, and cosmetics, and it occupies the largest market share. However, global demand for CBD isolate remains the fastest growing as CBD isolate is considered to be of high purity, making it ideal as a CBD formulation for products that require precise concentrations of CBD. I think it will.
Cannabidiol (CBD) Dietary Supplements Market by Form
Capsules and Softgels Gummy Protein Tinctures Other Forms
CBD tinctures are widely used to treat insomnia, cancer cell growth, seizures, anxiety, depression, and chronic pain, as well as high blood sugar, muscle spasms, psychosis, and bone degeneration. is clearly in high demand. However, the demand for CBD capsules and softgels is expected to show the fastest growth during the analysis period as they are more convenient to consume and travel friendly.
key attributes
Report attribute details No. Number of pages 267 Forecast period 2024 to 2030 Estimated market value in 2024 (USD) $9.7 billion Estimated market value by 2030 (USD) $29.1 billion Average annual growth rate 20% Target region World
Featured companies
Aleafia Health, Inc.American Shaman Botanicals CBDAphria, Inc.BioThrive ScienceBluebird BotanicalsCBDiablocbdMDCannavedic Pvt LtdCannoid LLCCanopy Growth CorpCharlotte's Web Holdings, Inc.Cronos Group, Inc.CV Sciences, Inc.Diamond CBD, Inc.Elixinol LLCEndoca BVEvopure LtdFab Nutrition LLCFolium Biosciences L LCForia WellnessGW Pharmaceuticals Group plcGaia Botanicals LLCGarden of Life LLCGreen Roads of Florida, LLCGreenwich BiosciencesHarvest One Cannabis, Inc.Hemp BombsHempFusion Wellness, Inc.HempMedsHEXO CorpHigh Tide, Inc.Indena SpAIRwin Naturals, Inc.Isodiol International, Inc.Joy Organics LLCKats Botanicals LtdKazmira LLCMGC Medical dooMedical Marijuana, Inc.MediPharm Labs CorpMedix Wellness LLCMEDTERRA CBDNuLeaf Naturals LLCNutraLife BioSciencesOrganigram Holdings, Inc.Pharmahemp dooSuperior Supplement ManufacturingThe CBDistilleryThe Supreme Cannabis CoTrueo Naturals Pvt LtdUpstate Elevator Supply CoValens Co
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Cannabidiol (CBD) Dietary Supplement Market
