CBD Nutraceuticals Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: CBD Nutraceuticals Market covers analysis by Product Type (CBD Tinctures, Capsules and Softgels, CBD Gummies, Others); Sales Channel (Retail Stores, Online, Pharmacies), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00010485
  • Category : Pharmaceuticals
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

A nutraceutical is a pharmaceutical alternative that claims physiological benefits. Nutraceutical product is a food or fortified food product that not only supplements the diet but also assists in treating or preventing disease (apart from anemia), so it provides medical benefits. A naturally-occurring compound found in plants, cannabidiol (CBD), belongs to a family of compounds called cannabinoids. Examples of nutraceuticals are natural foods, including antioxidants, dietary supplements, fortified dairy products, and citrus fruits, and vitamins, minerals, herbals, milk, and cereals.

MARKET DYNAMICS

The CBD nutraceuticals market is anticipated to grow due to the products as they are more convenient and travel-friendly. However, the presence of alternatives like the herbal nutraceuticals, such as echinacea, and turmeric that have ruled the global nutraceuticals space for a long period, is restraining the market growth. Moreover, the growing demand for hemp protein among athletes, bodybuilders, and the vegan population is expected to drive the market for cannabidiol (CBD) nutraceuticals over the forecast period.

MARKET SCOPE

The "CBD Nutraceuticals Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of CBD nutraceuticals market with detailed market segmentation by product type, and sales channel. The CBD nutraceuticals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in CBD nutraceuticals market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The CBD nutraceuticals market is segmented on the basis of product type, and sales channel. Based on product type the market is segmented as CBD tinctures, capsules & softgels, CBD gummies, others. On the basis of sales channel the market is categorized as retail stores and online pharmacies.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the CBD nutraceuticals market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The CBD nutraceuticals market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting CBD nutraceuticals market from both demand and supply side and further evaluates market dynamics affecting the market during 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 & Central America after evaluating political, economic, social and technological factors effecting the CBD nutraceuticals market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the CBD nutraceuticals market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The CBD nutraceuticals market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting CBD nutraceuticals market from both demand and supply side and further evaluates market dynamics affecting the market during 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 & Central America after evaluating political, economic, social and technological factors effecting the CBD nutraceuticals market in these regions.

MARKET PLAYERS

The report covers key developments in the CBD nutraceuticals 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 witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from CBD nutraceuticals market are anticipated to have lucrative growth opportunities in the future with the rising demand for CBD nutraceuticals in the global market. Below mentioned is the list of few companies engaged in the CBD nutraceuticals market.

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


  •   Bluebird Botanicals
  •   CV Sciences, Inc.
  •   Elixinol LLC
  •   Endoca BV
  •   Foria Wellness
  •   Garden of Life
  •   Green Roads
  •   Isodiol
  •   Medical Marijuana, Inc.
  •   MEDTERRA


The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 CBD Nutraceuticals Market - By Product Type
1.3.2 CBD Nutraceuticals Market - By Sales Channel
1.3.3 CBD Nutraceuticals Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. CBD NUTRACEUTICALS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. CBD NUTRACEUTICALS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CBD NUTRACEUTICALS MARKET - GLOBAL MARKET ANALYSIS
6.1. CBD NUTRACEUTICALS - GLOBAL MARKET OVERVIEW
6.2. CBD NUTRACEUTICALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CBD NUTRACEUTICALS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. CBD TINCTURES
7.3.1. Overview
7.3.2. CBD Tinctures Market Forecast and Analysis
7.4. CAPSULES AND SOFTGELS
7.4.1. Overview
7.4.2. Capsules and Softgels Market Forecast and Analysis
7.5. CBD GUMMIES
7.5.1. Overview
7.5.2. CBD Gummies Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CBD NUTRACEUTICALS MARKET - REVENUE AND FORECASTS TO 2028 - SALES CHANNEL
8.1. OVERVIEW
8.2. SALES CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. RETAIL STORES
8.3.1. Overview
8.3.2. Retail Stores Market Forecast and Analysis
8.4. ONLINE
8.4.1. Overview
8.4.2. Online Market Forecast and Analysis
8.5. PHARMACIES
8.5.1. Overview
8.5.2. Pharmacies Market Forecast and Analysis
9. CBD NUTRACEUTICALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America CBD Nutraceuticals Market Overview
9.1.2 North America CBD Nutraceuticals Market Forecasts and Analysis
9.1.3 North America CBD Nutraceuticals Market Forecasts and Analysis - By Product Type
9.1.4 North America CBD Nutraceuticals Market Forecasts and Analysis - By Sales Channel
9.1.5 North America CBD Nutraceuticals Market Forecasts and Analysis - By Countries
9.1.5.1 United States CBD Nutraceuticals Market
9.1.5.1.1 United States CBD Nutraceuticals Market by Product Type
9.1.5.1.2 United States CBD Nutraceuticals Market by Sales Channel
9.1.5.2 Canada CBD Nutraceuticals Market
9.1.5.2.1 Canada CBD Nutraceuticals Market by Product Type
9.1.5.2.2 Canada CBD Nutraceuticals Market by Sales Channel
9.1.5.3 Mexico CBD Nutraceuticals Market
9.1.5.3.1 Mexico CBD Nutraceuticals Market by Product Type
9.1.5.3.2 Mexico CBD Nutraceuticals Market by Sales Channel
9.2. EUROPE
9.2.1 Europe CBD Nutraceuticals Market Overview
9.2.2 Europe CBD Nutraceuticals Market Forecasts and Analysis
9.2.3 Europe CBD Nutraceuticals Market Forecasts and Analysis - By Product Type
9.2.4 Europe CBD Nutraceuticals Market Forecasts and Analysis - By Sales Channel
9.2.5 Europe CBD Nutraceuticals Market Forecasts and Analysis - By Countries
9.2.5.1 Germany CBD Nutraceuticals Market
9.2.5.1.1 Germany CBD Nutraceuticals Market by Product Type
9.2.5.1.2 Germany CBD Nutraceuticals Market by Sales Channel
9.2.5.2 France CBD Nutraceuticals Market
9.2.5.2.1 France CBD Nutraceuticals Market by Product Type
9.2.5.2.2 France CBD Nutraceuticals Market by Sales Channel
9.2.5.3 Italy CBD Nutraceuticals Market
9.2.5.3.1 Italy CBD Nutraceuticals Market by Product Type
9.2.5.3.2 Italy CBD Nutraceuticals Market by Sales Channel
9.2.5.4 Spain CBD Nutraceuticals Market
9.2.5.4.1 Spain CBD Nutraceuticals Market by Product Type
9.2.5.4.2 Spain CBD Nutraceuticals Market by Sales Channel
9.2.5.5 United Kingdom CBD Nutraceuticals Market
9.2.5.5.1 United Kingdom CBD Nutraceuticals Market by Product Type
9.2.5.5.2 United Kingdom CBD Nutraceuticals Market by Sales Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific CBD Nutraceuticals Market Overview
9.3.2 Asia-Pacific CBD Nutraceuticals Market Forecasts and Analysis
9.3.3 Asia-Pacific CBD Nutraceuticals Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific CBD Nutraceuticals Market Forecasts and Analysis - By Sales Channel
9.3.5 Asia-Pacific CBD Nutraceuticals Market Forecasts and Analysis - By Countries
9.3.5.1 Australia CBD Nutraceuticals Market
9.3.5.1.1 Australia CBD Nutraceuticals Market by Product Type
9.3.5.1.2 Australia CBD Nutraceuticals Market by Sales Channel
9.3.5.2 China CBD Nutraceuticals Market
9.3.5.2.1 China CBD Nutraceuticals Market by Product Type
9.3.5.2.2 China CBD Nutraceuticals Market by Sales Channel
9.3.5.3 India CBD Nutraceuticals Market
9.3.5.3.1 India CBD Nutraceuticals Market by Product Type
9.3.5.3.2 India CBD Nutraceuticals Market by Sales Channel
9.3.5.4 Japan CBD Nutraceuticals Market
9.3.5.4.1 Japan CBD Nutraceuticals Market by Product Type
9.3.5.4.2 Japan CBD Nutraceuticals Market by Sales Channel
9.3.5.5 South Korea CBD Nutraceuticals Market
9.3.5.5.1 South Korea CBD Nutraceuticals Market by Product Type
9.3.5.5.2 South Korea CBD Nutraceuticals Market by Sales Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa CBD Nutraceuticals Market Overview
9.4.2 Middle East and Africa CBD Nutraceuticals Market Forecasts and Analysis
9.4.3 Middle East and Africa CBD Nutraceuticals Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa CBD Nutraceuticals Market Forecasts and Analysis - By Sales Channel
9.4.5 Middle East and Africa CBD Nutraceuticals Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa CBD Nutraceuticals Market
9.4.5.1.1 South Africa CBD Nutraceuticals Market by Product Type
9.4.5.1.2 South Africa CBD Nutraceuticals Market by Sales Channel
9.4.5.2 Saudi Arabia CBD Nutraceuticals Market
9.4.5.2.1 Saudi Arabia CBD Nutraceuticals Market by Product Type
9.4.5.2.2 Saudi Arabia CBD Nutraceuticals Market by Sales Channel
9.4.5.3 U.A.E CBD Nutraceuticals Market
9.4.5.3.1 U.A.E CBD Nutraceuticals Market by Product Type
9.4.5.3.2 U.A.E CBD Nutraceuticals Market by Sales Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America CBD Nutraceuticals Market Overview
9.5.2 South and Central America CBD Nutraceuticals Market Forecasts and Analysis
9.5.3 South and Central America CBD Nutraceuticals Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America CBD Nutraceuticals Market Forecasts and Analysis - By Sales Channel
9.5.5 South and Central America CBD Nutraceuticals Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil CBD Nutraceuticals Market
9.5.5.1.1 Brazil CBD Nutraceuticals Market by Product Type
9.5.5.1.2 Brazil CBD Nutraceuticals Market by Sales Channel
9.5.5.2 Argentina CBD Nutraceuticals Market
9.5.5.2.1 Argentina CBD Nutraceuticals Market by Product Type
9.5.5.2.2 Argentina CBD Nutraceuticals Market by Sales Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CBD NUTRACEUTICALS MARKET, KEY COMPANY PROFILES
11.1. BLUEBIRD BOTANICALS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CV SCIENCES, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ELIXINOL LLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ENDOCA BV
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FORIA WELLNESS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GARDEN OF LIFE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GREEN ROADS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ISODIOL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MEDICAL MARIJUANA, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MEDTERRA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Bluebird Botanicals
2. CV Sciences, Inc.
3. Elixinol LLC
4. Endoca BV
5. Foria Wellness
6. Garden of Life
7. Green Roads
8. Isodiol
9. Medical Marijuana, Inc.
10. MEDTERRA

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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