CBD Gummies Market
CBD Gummies Market Analysis By Concentration (High Concentration, Low Concentration), By Distribution Channel (Offline, Online) & By Region – Global Market Insights 2023 to 2033
Analysis of CBD Gummies Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
CBD Gummies Market Outlook (2023 to 2033)
The industry analysis by Fact.MR reveals that the global cannabidiol (CBD) gummies market was valued at US$ 1.46 billion in 2022 after accelerating at a CAGR of 12.8% from 2018 to 2022. The market is projected to surge ahead at a CAGR of 30.1% and reach US$ 26.41 billion by the end of 2033.
One of the primary growth drivers of the market includes increasing initiatives to legalize cannabis for medical and recreational purposes. The popularity of CBD gummies is attributed to their anti-depressant, neuroprotective, anti-anxiety, and pain relief properties.
- Demand for high concentration CBD gummies is forecasted to increase at a CAGR of 30.4% and reach a market valuation of US$ 24 billion by 2033.
- Sales of CBD gummies in the United Kingdom are predicted to advance at a 29.4% CAGR and reach US$ 2.48 billion by 2033.
Rising awareness about the numerous benefits of cannabidiol, including treating skin problems, improving cognitive function, etc., is contributing to market growth opportunities. CBD gummies are also used to provide relief from pain and inflammation. They are consumed to treat anxiety and insomnia.
CBD gummies are also helpful in reducing chronic pain while improving endocannabinoid receptor activity. They are acting together with neurotransmitters to provide relief in chronic pain.
Growing pressure among students and working individuals is leading to depression and anxiety, which is expected to fuel demand for CBD gummies.
- According to the data provided by ADAA (Anxiety and Depression Association of America), anxiety was one of the most commonly found mental illnesses in the United States in 2019. About 40 million adults aged 18 and above are affected by it in the United States.
There are no traces of THC (tetrahydrocannabinol) content in CBD gummies, which is also predicted to boost their demand over the coming 10 years.
Fact.MR, a provider of market research and competitive intelligence, recently published a research report on multiple dynamics of CBD gummies that can help readers to get thorough insights. Growth driving factors, regional analysis, new developments, etc., are some dynamics that are found in the research report.
| Report Attributes | Details |
|---|---|
| CBD Gummies Market Size (2023) | US$ 1.90 Billion |
| Forecasted Market Value (2033) | US$ 26.41 Billion |
| Global Market Growth Rate (2023 to 2033) | 30.1% CAGR |
| High Concentration Segment Growth Rate (2023 to 2033) | 30.4% CAGR |
| United States Market Growth Rate (2023 to 2033) | 33.5% CAGR |
| China Market Growth Rate (2023 to 2033) | 28.4% CAGR |
| South Korea Market Value (2033) | US$ 871.56 Million |
| Key Companies Profiled | Verma Farms; Hemp Bombs; Verified CBD; Nature’s Script; CBDistillery; Endoca; Plus CBD; Koi CBD; Green Roads; Charlotte’s Web |
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Why are Manufacturers of CBD Gummies Enjoying High Profits?
“Growing Cases of Insomnia Propelling Demand for CBD Gummies”
In recent years, there has been a significant increase in cases of insomnia around the world. People with mental and physical health concerns, older people, and women are more prone to insomnia.
Hectic work schedules of the majority of people are resulting in some major disruptions in their sleep cycles that can lead to rising cases of insomnia. These cases are further seeking numerous approaches as a solution to this issue and one such approach is the consumption of cannabis products such as CBD gummies, which helps in mind relaxation.
It is very easy to swallow CBD gummies and they serve as a facile treatment against insomnia. Thus, the growing cases of insomnia are predicted to stimulate the demand for CBD gummies over the forecast period.
“Increasing Demand for Multiple Flavored CBD Gummies”
Key manufacturers of cannabinoid gummies are concentrating on offering numerous alternatives to consumers according to their tastes. CBD gummies are available in different forms, tastes, etc., across the globe.
Contemporary consumers are conscious of their involvement in sensory experiences. It compels them to choose various flavors while consuming numerous types of food & beverages. This factor applies to the consumption of CBD as well. Suppliers are thus completing dual purposes to impart health benefits that too without compromising on customer expectations.
“Healthcare Industry Accounting for High Sales of CBD Gummies”
The healthcare industry is one of the prominent contributors generating growth opportunities for players. Cannabinoid gummies are helpful in controlling inflammatory reactions in the body. CBD products, including gummies, etc., are gaining popularity as an effective alternative to conventional analgesics that includes aspirin, ibuprofen, and others.
CBD consists of some anti-depressant and anti-anxiety properties. In addition, it is also popular due to its ability to help in the growth of brain cells (neurogenesis) in the critical areas that are associated with depression and anxiety.
What are the Challenges Encountered by Suppliers of CBD Gummies?
“Implementation of Stringent Government Regulations”
A majority of CBD products do not have approval from FDA (Food and Drug Administration) as there are variations between purity and strengths among brands. These cannot yield results according to the expectations of manufacturers. Therefore, their adoption is restrained in some countries.
“Availability of Substitute Products”
There are several substitutes that can be found in the market, including salad dressings, protein supplements, CBD dark chocolates, CBD wine, and others. Their easy availability is predicted to hinder market expansion opportunities over the coming decade.
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How are Start-ups Contributing to Increasing Sales of CBD Gummies?
“Production of Vegan and Gluten-free Gummies”
Various consumers are becoming aware of the benefits of gluten-free and vegan products. Therefore, the production of various types of CBD gummies to provide relief from anxiety and sleeplessness is projected to open up lucrative opportunities for them.
Country-wise Insights
Why are Suppliers of CDB Gummies Lining Up in the United States?
“Supportive Regulations for Medical Use of CBD Gummies”
The United States market is predicted to expand at a CAGR of 33.5% and is set to reach a valuation of US$ 8.50 billion by the end of 2033. The formulation of numerous regulations related to the medical or legal use of CBD gummies is contributing to their increased sales in the United States.
What is Fueling Demand for CBD Gummies in the United Kingdom?
“Acceptance of CBD as Novel Products”
Demand for CBD gummies in the United Kingdom is projected to accelerate at a CAGR of 29.4% and reach a value of US$ 2.48 billion by 2033. Authorities from respective areas are making regulations a bit flexible. CBD is regarded as a novel product for application in beverages, food, and food supplements. Therefore, these initiatives are estimated to increase the consumption of CBD gummies.
How are Sales of CBD Gummies Shaping Up in South Korea and Japan?
“Product Innovations and Introduction of New CBD Edibles”
Sales of CBD gummies in South Korea are forecasted to register a CAGR of 27.3% and reach a valuation of US$ 871.56 million by 2033. The Japanese market is predicted to advance at a CAGR of 26.4% and reach US$ 871.56 million by 2033.
Rising awareness among various people about the health advantages of CBD gummies is estimated to open up lucrative opportunities for suppliers. Various producers of CBD gummies are investing to introduce more qualitative products that follow new legislative amendments.
Product innovations and the introduction of new CBD edibles are also contributing to market growth. In addition, increasing investments by various international players in Japan are also widening the horizon of the market.
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Category-wise Insights
Why are High Concentration CBD Gummies Preferred Over Low Concentration Gummies?
“Rising Application of High Concentration CBD Gummies in Healthcare Sector”
Based on concentration, the global market is segmented into high concentration and low concentration CBD gummies. Between these two, demand for high-concentration CBD gummies is projected to increase at a CAGR of 30.4% and reach a valuation of US$ 24 billion by 2033.
Growing application of CBD gummies in the healthcare sector is attributed to their effectiveness to treat various conditions, including sleep disorders, schizophrenia, epilepsy, glaucoma, and others.
Which Distribution Channel is Widely Used for Delivery of CBD Gummies?
“Offline Distribution Channel Accounts for Bulk Sales of Genuine CBD Gummies”
Offline and online distribution channels are commonly used for the delivery of CBD gummies in recent years. Sales of CBD gummies through offline distribution platforms are forecasted to expand at a CAGR of 31.5% and reach a value of US$ 22.05 billion by 2033.
Consumers prefer offline distribution channels while looking for genuine goods. Consumers buy CBD products with a special prescription from local pharmacies. The committed local clientele and established audience are forecasted to lead to the rising inclination of various consumers toward offline distribution channels.
Competitive Landscape
Maintaining product standards, initiatives for quality control, strengthening the supply chain management systems, etc., are some key objectives on which industry players are concentrating.
Numerous strategies such as agreements, collaborations, mergers, and acquisitions are adopted by key players to expand their footprints globally.
For instance :
- In February 2021, the proprietor of Diamond CBD, First Capital Venture Co. (PotNetwork Holdings division), and Champs, Inc. entered into a contract. This initiative aims to increase the market share of Diamond CBD with the introduction of products that are generally endorsed by athletes.
Key players in the CBD gummies market include Verma Farms, Hemp Bombs, Verified CBD, Nature’s Script, CBDistillery, Endoca, Plus CBD, Koi CBD, Green Roads, and Charlotte’s Web.
Segmentation of CBD Gummies Industry Research
-
By Concentration :
- High Concentration
- Low Concentration
-
By Distribution Channel :
- Offline
- Online
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Size (US$ Mn) Analysis and Forecast, 2018 to 2033
- 7. Global Pricing Point Analysis
- 8. Global Market Value Analysis and Forecast 2018 to 2033
- 8.1. Global Market Value Analysis 2018 to 2022 and Forecast 2023 to 2033, by Concentration
- 8.1.1. High
- 8.1.2. Low / Concentrated
- 8.2. Global Market Value Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 8.2.1. Offline
- 8.2.2. Online
- 8.3. Global Market Value Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Europe
- 8.3.4. East Asia
- 8.3.5. South Asia & Oceania
- 8.3.6. MEA
- 8.1. Global Market Value Analysis 2018 to 2022 and Forecast 2023 to 2033, by Concentration
- 9. North America Market Value Analysis and Forecast 2018 to 2033
- 10. Latin America Market Value Analysis and Forecast 2018 to 2033
- 11. Europe Market Value Analysis and Forecast 2018 to 2033
- 12. East Asia Market Value Analysis and Forecast 2018 to 2033
- 13. South Asia & Oceania Market Value Analysis and Forecast 2018 to 2033
- 14. Middle East & Africa Market Value Analysis and Forecast 2018 to 2033
- 15. Competitive Assessment
- 16. Company Profiles
- 16.1. Dixie Brands Inc.
- 16.2. Reliva CBD Wellness
- 16.3. CV Sciences
- 16.4. Sunday Scaries
- 16.5. Medix CBD
- 16.6. Green Roads CBD
- 16.7. Hemp Bombs
- 16.8. Diamond CBD
- 16.9. Pure Kana
- 16.10. Premium Jane
- 16.11. Kanibi
- 17. Fact.MR Research Methodology
- 18. Disclaimer & Contact Information
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 04: Global Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 05: Global Market Value (US$ Mn) Analysis by Region, 2018 to 2022
Table 06: Global Market Value (US$ Mn) Forecast by Region, 2023 to 2033
Table 07: North America Market Value (US$ Mn) Analysis by Country, 2018 to 2022
Table 08: North America Market Value (US$ Mn) Forecast by Country, 2023 to 2033
Table 09: North America Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 10: North America Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 11: North America Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 12: North America Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 13: Latin America Market Value (US$ Mn) Analysis by Country, 2018 to 2022
Table 14: Latin America Market Value (US$ Mn) Forecast by Country, 2023 to 2033
Table 15: Latin America Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 16: Latin America Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 17: Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 18: Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 19: Europe Market Value (US$ Mn) Analysis by Country, 2018 to 2022
Table 20: Europe Market Value (US$ Mn) Forecast by Country, 2023 to 2033
Table 21: Europe Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 22: Europe Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 23: Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 24: Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 25: East Asia Market Value (US$ Mn) Analysis by Country, 2018 to 2022
Table 26: East Asia Market Value (US$ Mn) Forecast by Country, 2023 to 2033
Table 27: East Asia Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 28: East Asia Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 29: East Asia Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 30: East Asia Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 31: South Asia & Oceania Market Value (US$ Mn) Analysis by Country, 2018 to 2022
Table 32: South Asia & Oceania Market Value (US$ Mn) Forecast by Country, 2023 to 2033
Table 33: South Asia & Oceania Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 34: South Asia & Oceania Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 35: South Asia & Oceania Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 36: South Asia & Oceania Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 37: MEA Market Value (US$ Mn) Analysis by Country, 2018 to 2022
Table 38: MEA Market Value (US$ Mn) Forecast by Country, 2023 to 2033
Table 39: MEA Market Value (US$ Mn) Analysis by Concentration, 2018 to 2022
Table 40: MEA Market Value (US$ Mn) Forecast by Concentration, 2023 to 2033
Table 41: MEA Market Value (US$ Mn) Analysis by Distribution Channel, 2018 to 2022
Table 42: MEA Market Value (US$ Mn) Forecast by Distribution Channel, 2023 to 2033
Table 43: U.S. Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 44: Canada Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 45: Brazil Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 46: Mexico Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 47: Rest of MEA Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 48: Germany Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 49: Italy Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 50: France Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 51: U.K. Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 52: Spain Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 53: BENELUX Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 54: Russia Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 55: Rest of Europe Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 56: China Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 57: Japan Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 58: South Korea Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 59: India Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 60: Thailand Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 61: Indonesia Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 62: Malaysia Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 63: Australia & New Zealand Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 64: Rest of South Asia Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 65: GCC Countries Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 66: Turkey Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 67: South Africa Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 68: Northern Africa Market Absolute $ Opportunity Forecast, 2023 to 2033
Table 69: Rest of MEA Market Absolute $ Opportunity Forecast by, 2023 to 2033
Table 70: North America Market Y-o-Y Projection, 2023 to 2033
Table 71: Latin America Market Y-o-Y Projection, 2023 to 2033
Table 72: Europe Market Y-o-Y Projection, 2023 to 2033
Table 73: East Asia Market Y-o-Y Projection, 2023 to 2033
Table 74: South Asia & Oceania Market Y-o-Y Projection, 2023 to 2033
Table 75: MEA Market Y-o-Y Projection, 2023 to 2033
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List Of Figures
Figure 01: Global Market Historical Value (US$ Mn), 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 03: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 04: Global Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 05: Global Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 06: Global Market Attractiveness by Concentration, 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity - High, 2018 to 2033
Figure 08: Global Market Absolute $ Opportunity - Low/Concentrated, 2018 to 2022
Figure 09: Global Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 10: Global Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 11: Global Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 12: Global Market Absolute $ Opportunity - Offline, 2018 to 2033
Figure 13: Global Market Absolute $ Opportunity - Online, 2018 to 2022
Figure 14: Global Market Value Share & BPS Analysis by Region- 2018, 2023 & 2033
Figure 15: Global Market Analysis by Region, 2022 to 2033
Figure 16: Global Market Analysis by Region, 2023 to 2033
Figure 17: Global Market Absolute $ Opportunity - North America, 2018 to 2033
Figure 18: Global Market Absolute $ Opportunity - Latin America, 2018 to 2033
Figure 19: Global Market Absolute $ Opportunity - Europe, 2018 to 2033
Figure 20: Global Market Absolute $ Opportunity - East Asia, 2018 to 2033
Figure 21: Global Market Absolute $ Opportunity - South Asia & Oceania, 2018 to 2033
Figure 22: Global Market Absolute $ Opportunity - MEA, 2018 to 2033
Figure 23: North America Market Historical Value (US$ Mn), 2018 to 2022
Figure 24: North America Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 25: North America Market Value Share & BPS Analysis by Country- 2018, 2023 & 2033
Figure 26: North America Market Y-o-Y Projection by Country, 2022 to 2033
Figure 27: North America Market Attractiveness by Country, 2023 to 2033
Figure 28: North America Market Absolute $ Opportunity - U.S., 2018 to 2033
Figure 29: North America Market Absolute $ Opportunity - Canada, 2018 to 2022
Figure 30: North America Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 31: North America Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 32: North America Market Attractiveness by Concentration, 2023 to 2033
Figure 33: North America Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 34: North America Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 35: North America Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 36: Latin America Market Historical Value (US$ Mn), 2018 to 2022
Figure 37: Latin America Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 38: Latin America Market Value Share & BPS Analysis by Country- 2018, 2023 & 2033
Figure 39: Latin America Market Y-o-Y Projection by Country, 2022 to 2033
Figure 40: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Absolute $ Opportunity - Brazil, 2018 to 2033
Figure 42: Latin America Market Absolute $ Opportunity - Mexico, 2018 to 2022
Figure 43: Latin America Market Absolute $ Opportunity - Rest of Latin America, 2018 to 2022
Figure 44: Latin America Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 45: Latin America Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 46: Latin America Market Attractiveness by Concentration, 2023 to 2033
Figure 47: Latin America Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 48: Latin America Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 49: Latin America Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 50: Europe Market Historical Value (US$ Mn), 2018 to 2022
Figure 51: Europe Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 52: Europe Market Value Share & BPS Analysis by Country- 2018, 2023 & 2033
Figure 53: Europe Market Y-o-Y Projection by Country, 2022 to 2033
Figure 54: Europe Market Attractiveness by Country, 2023 to 2033
Figure 55: Europe Market Absolute $ Opportunity - Germany, 2018 to 2033
Figure 56: Europe Market Absolute $ Opportunity - Mexico, 2018 to 2022
Figure 57: Europe Market Absolute $ Opportunity - U.K., 2018 to 2022
Figure 58: Europe Market Absolute $ Opportunity - Spain, 2018 to 2033
Figure 59: Europe Market Absolute $ Opportunity - BENELUX, 2018 to 2022
Figure 60: Europe Market Absolute $ Opportunity - Russia, 2018 to 2022
Figure 61: Europe Market Absolute $ Opportunity - Rest of Europe, 2018 to 2022
Figure 62: Europe Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 63: Europe Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 64: Europe Market Attractiveness by Concentration, 2023 to 2033
Figure 65: Europe Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 66: Europe Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 67: Europe Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 68: East Asia Market Historical Value (US$ Mn), 2018 to 2022
Figure 69: East Asia Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 70: East Asia Market Value Share & BPS Analysis by Country- 2018, 2023 & 2033
Figure 71: East Asia Market Y-o-Y Projection by Country, 2022 to 2033
Figure 72: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 73: East Asia Market Absolute $ Opportunity - China, 2018 to 2033
Figure 74: East Asia Market Absolute $ Opportunity - Japan, 2018 to 2022
Figure 75: East Asia Market Absolute $ Opportunity - South Korea, 2018 to 2022
Figure 76: East Asia Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 77: East Asia Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 78: East Asia Market Attractiveness by Concentration, 2023 to 2033
Figure 79: East Asia Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 80: East Asia Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 81: East Asia Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 82: South Asia & Oceania Market Historical Value (US$ Mn), 2018 to 2022
Figure 83: South Asia & Oceania Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 84: South Asia & Oceania Market Value Share & BPS Analysis by Country- 2018, 2023 & 2033
Figure 85: South Asia & Oceania Market Y-o-Y Projection by Country, 2022 to 2033
Figure 86: South Asia & Oceania Market Attractiveness by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Absolute $ Opportunity - India, 2018 to 2033
Figure 88: South Asia & Oceania Market Absolute $ Opportunity - Thailand, 2018 to 2022
Figure 89: South Asia & Oceania Market Absolute $ Opportunity - Indonesia, 2018 to 2022
Figure 90: South Asia & Oceania Market Absolute $ Opportunity - Malaysia, 2018 to 2022
Figure 91: South Asia & Oceania Market Absolute $ Opportunity - Australia & New Zealand, 2018 to 2022
Figure 92: South Asia & Oceania Market Absolute $ Opportunity - Rest of South Asia & Oceania, 2018 to 2022
Figure 93: South Asia & Oceania Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 94: South Asia & Oceania Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 95: South Asia & Oceania Market Attractiveness by Concentration, 2023 to 2033
Figure 96: South Asia & Oceania Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 97: South Asia & Oceania Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 98: South Asia & Oceania Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 99: MEA Market Historical Value (US$ Mn), 2018 to 2022
Figure 100: MEA Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 101: MEA Market Value Share & BPS Analysis by Country- 2018, 2023 & 2033
Figure 102: MEA Market Y-o-Y Projection by Country, 2022 to 2033
Figure 103: MEA Market Attractiveness by Country, 2023 to 2033
Figure 104: MEA Market Absolute $ Opportunity - GCC Countries, 2018 to 2033
Figure 105: MEA Market Absolute $ Opportunity - Turkey, 2018 to 2022
Figure 106: MEA Market Absolute $ Opportunity - South Africa, 2018 to 2022
Figure 107: MEA Market Absolute $ Opportunity - Northern Africa, 2018 to 2022
Figure 108: MEA Market Absolute $ Opportunity - Rest of MEA, 2018 to 2022
Figure 109: MEA Market Value Share & BPS Analysis by Concentration- 2018, 2023 & 2033
Figure 110: MEA Market Y-o-Y Projection by Concentration, 2022 to 2033
Figure 111: MEA Market Attractiveness by Concentration, 2023 to 2033
Figure 112: MEA Market Value Share & BPS Analysis by Distribution Channel- 2018, 2023 & 2033
Figure 113: MEA Market Y-o-Y Projection by Distribution Channel, 2022 to 2033
Figure 114: MEA Market Attractiveness by Distribution Channel, 2023 to 2033
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Competitive landscape highlights only certain players
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- FAQs -
What is the valuation of the CBD gummies market in 2023?
The global CBD gummies market valuation stands at US$ 1.90 billion in 2023.
What is the predicted growth rate of the global market through 2033?
Worldwide demand for CBD gummies is forecasted to increase at a CAGR of 30.1% from 2023 to 2033.
What are the expected sales of high concentration CBD gummies by 2033?
Sales of high concentration CBD gummies are predicted to reach a valuation of US$ 24 billion by the end of 2033.
What is the anticipated size of the Chinese market for 2033?
The CBD gummies market in China is expected to reach US$ 3.46 billion by 2033.
At what rate is the United States market projected to expand?
Demand for CBD gummies in the United States is forecasted to rise at a CAGR of 33.5% through 2033.
At what CAGR is the demand for CBD gummies predicted to accelerate in South Korea?
Demand for CBD gummies in South Korea is projected to advance at a 27.3% CAGR over the forecast period.
What is the forecasted value of the CBD gummies market for 2033?
The worldwide CBD gummies market is estimated to reach a value of US$ 26.41 billion by 2033.
CBD Gummies Market