CBD Infused Edibles Market 2028 Product, Type, Distribution Channel and Geography | The Insight Partners

MARKET OVERVIEW

CBD edibles are CBD-fortified foods and beverages. These materials can be immediately ingested and do not require the use of fire to activate their chemical ingredients. Because there is no smoke to inhale, a rising number of consumers are choosing edibles over other forms of cannabis or CBD ingestion. CBD infused edibles generally consist of chocolates, baked goods/ brownies, bars, gummies & candies, among others. Moreover, they are also available in sugar-free variants.

MARKET SCOPE

The "Global CBD Infused Edibles Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the CBD infused edibles market with detailed market segmentation by product, type, distribution channel, and geography. The report provides key statistics on the market status of the leading CBD infused edibles market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of product, the market is segmented into chocolates, baked goods/ brownies, bars, gummies & candies, and others
  
•   On the basis of type, the market is segmented into sugar-free and conventional products.
  
•   On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others.
  

MARKET DYNAMICS
Drivers:

•   The increasing acceptance of cannabis is a crucial element that will likely boost the global cannabis edibles market in the future.
  
•   Cannabis' perceptions are shifting, and its acceptance is growing over the world, presenting a significant commercial opportunity for this sector in the coming years.
  

Restraints:

•   Stringent regulations and bans on CBD infused products in certain regions is the biggest restraining factor affecting the overall market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The CBD infused edibles market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the CBD infused edibles market in these regions.

IMPACT OF COVID-19 ON CBD INFUSED EDIBLES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.

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MARKET PLAYERS

The report covers key developments in the CBD infused edibles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from CBD infused edibles market are anticipated to lucrative growth opportunities in the future with the rising demand for CBD infused edibles in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the CBD infused edibles market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Tilray
  
•   Aurora Cannabis
  
•   Canopy Growth Corporation
  
•   HEXO Corp.
  
•   The Cronos Group
  
•   Kiva Confections
  
•   Organigram Holdings Inc.
  
•   The Valens Company Inc.
  
•   VCC BRANDS
  
•   INDIVA
  
•   CBD Living
  
•   Zatural
  
•   Exhemplary Life
  
•   Green Thumb Industries
  
•   The Green Organic Dutchman
  
•   Neurogan
  
•   Serene Tree
  
•   CBD American Shaman
  
•   Isodiol International Inc
  
•   Sacred Leaf
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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