Scope of the Study
CBD edibles are food products that contain cannabinoids, especially tetrahydrocannabinol (THC). CBD is a non-intoxicating compound and it doesn't cause a high, unlike THC. These edibles are quite different from CBD oils. They are available in different flavors, strengths and formulations. CBD has various health benefits, it has been clinically proven to treat anxiety at very high doses, reduce inflammation, and treat epilepsy.
The market study is being classified, by Application (Personal Care & Cosmetics, Pharmaceutical, Food & Beverage and Others) and major geographies with country level break-up.
Bhang Corporation (Canada), Aphria Inc. (Canada), Isodiol International Inc (Canada), Canopy Growth Corporation (Canada), Elixinol LLC (United States), FOLIUM BIOSCIENCES (United States), NuLeaf Naturals, LLC (United States), PharmaHemp CBD Izdelki (Slovenia), Incredible Edibles, LLC. (United States), Balance CBD (United States) and Hempeli CBD (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Organigram Holdings Inc. (Canada) and Aurora Cannabis Inc. (Canada).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global CBD Edibles market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global CBD Edibles market by Type, Application and Region.
On the basis of geography, the market of CBD Edibles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Heath Benefits of CBD Edibles
- Increasing Demand from the Healthcare Industry
- Increasing Awareness about Health Benefits of CBD Products
- Robust Increase in the Distribution Channels
- High Cost of CBD Products
- Increasing Global Healthcare Spending
- Growing Number of Online Customers
- Stringent Government Rules and Regulations
In February 2020, Bhang Inc., a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced that its cannabis-infused milk and dark chocolates are available for sale in Canada through its joint venture with Indiva Limited.
Key Target AudienceCBD Edibles Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase