According to the report, Growth of New Cannabis Strains and Increasing Legalization of Cannabis Edibles in Various Countries is one of the primary growth factors for the market. Increasing Awareness about Health Benefits of Cannabis Edibles Thereby Growing Consumption of Edibles Across the Globe is also expected to contribute significantly to the Cannabis Edibles market. Overall, Food & Beverages
applications of Cannabis Edibles, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMAs Analyst on the Global Cannabis Edibles Market identified that the demand is rising in many different parts of the world due to "Rise in Adoption of Cannabis Edibles by Healthcare Sector". Furthermore, some recent industry insights like "In April 2021, Organigram Inc., a leading manufacturer of cannabis announced the acquisition of The Edibles & Infusions Corporation to expand its continuum of product offerings and operational footprints. The acquisition will provide strong strategic synergies for Organigram’s vision of developing innovative and novel products to serve the Canadian market and beyond." is constantly making the industry dynamic. One of the challenges that industry facing is "Increasing Health Risks Due to Overconsumption of Cannabis Edibles"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cannabis Edibles market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cannabis Edibles market and other related sub-markets covered in the study.
o Key & emerging players in the Cannabis Edibles market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cannabis Edibles market size is calculated using market estimation process, the Cannabis Edibles market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cannabis Edibles market size has been validated using both top-down and bottom-up approaches.