Quick Summary:
In a rapidly evolving health and wellness industry, a comprehensive understanding of the CBD Nutraceuticals market is indispensable for every forward-thinking executive. The Global CBD Nutraceuticals Market report, offering an exhaustive study of this burgeoning field and its future trajectory, can be your navigation tool.
As we step into the year 2022, the market stands at an impressive US$10.6 Billion, with a prodigious projected growth to reach a revised size of US$38.7 Billion by 2030. Apart from a general analysis, the report offers segment-wise trajectories, like the 15.1% CAGR expected in CBD Tinctures, and the revised 20.3% CAGR for Capsules & Softgels within the post-pandemic recovery period.
Resilient growth in the U.S. market (estimated at US$2.9 Billion) and the unprecedented 24.4% CAGR forecast for China, the world’s second-largest economy, signifies vast potentials. Other significant geographic markets, such as Japan, Canada, and Germany, hold noteworthy growth prospects. Stay updated and competitive with our detailed profiling of 22 industry players operating in this space. Furthermore, gain privileged access to online interactive collaborative updates, our digital archives, research platform, along with complimentary updates for one year. This report is designed to cater to your strategic decision-making needs, enabling you to navigate the CBD Nutraceuticals market with confidence and precision.
Global CBD Nutraceuticals Market to Reach $38.7 Billion by 2030
The global market for CBD Nutraceuticals estimated at US$10.6 Billion in the year 2022, is projected to reach a revised size of US$38.7 Billion by 2030, growing at a CAGR of 17.6% over the analysis period 2022-2030. CBD Tinctures, one of the segments analyzed in the report, is projected to record 15.1% CAGR and reach US$11.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Capsules & Softgels segment is readjusted to a revised 20.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 24.4% CAGR
The CBD Nutraceuticals market in the U.S. is estimated at US$2.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.2 Billion by the year 2030 trailing a CAGR of 24.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 14.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR.Select Competitors (Total 22 Featured) -
- Bluebird Botanicals
- Charlotte`s Web
- CV Sciences, Inc.
- Diamond CBD
- Elixinol
- ENDOCA
- Foria Wellness
- Garden of Life
- Green Roads
- Irwin Naturals
- Isodiol
- Medical Marijuana Inc.
- MEDTERRA
- MGC Pharma
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for CBD Nutraceuticals?
What is the growth rate of the Global Market for CBD Nutraceuticals?
What is the forecasted size of the Global Market for CBD Nutraceuticals?
Who are the key companies in the Global Market for CBD Nutraceuticals?
| Report Attribute | Details |
|---|---|
| No. of Pages | 83 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.6 Billion |
| Forecasted Market Value ( USD | $ 38.7 Billion |
| Compound Annual Growth Rate | 17.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bluebird Botanicals
- Charlotte`s Web
- CV Sciences, Inc.
- Diamond CBD
- Elixinol
- ENDOCA
- Foria Wellness
- Garden of Life
- Green Roads
- Irwin Naturals
- Isodiol
- Medical Marijuana Inc.
- MEDTERRA
- MGC Pharma
