2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Are the Primary Drivers Supporting the Market Growth of theCBD Nutraceuticals Market?

The escalating preference for plant-based foods is anticipated to drive the expansion of the CBD nutraceuticals market. Herbal supplements, also known as plant-based dietary supplements, are derived from the oils, roots, seeds, berries, or blooms of various herbs. Their increasing popularity stems from their natural origins and lack of harmful chemicals, compared to conventional supplements. CBD nutraceuticals, sourced from cannabis plants, offer health advantages beyond basic nutrition found in food. Hence, the rising demand for plant-based dietary supplements is propelling CBD nutraceutical sales. For instance, the Good Food Institute, a US-based non-profit organization, reported in April 2023 that global retail sales of plant-based meat and seafood in 2022 reached $6.1 billion. This signifies an 8% revenue growth and a 5% increase in weight, demonstrating how the growing demand for plant-based foods is fueling the CBD nutraceutical market’s growth.

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How Has the CBD Nutraceuticals Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

In the past few years, the size of the CBD nutraceuticals market has increased significantly. It is projected to expand from $8.76 billion in 2024 to $10.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 19.5%. Factors such as product diversification, advances in extraction techniques, endorsement by healthcare professionals, growth of retail outlets, and integration into everyday consumer lifestyles have all contributed to this historic period growth.

The market size for CBD nutraceuticals is projected to expand swiftly in the coming years. The market is anticipated to reach “$20.37 billion in 2029, growing at a compound annual growth rate (CAGR) of 18.1%. The expected growth during the forecast period is due to the acceptance in mainstream wellness, adoption of quality control procedures, changing perspectives in healthcare, ongoing research, and product diversification. Mainstream trends during the forecast period encompass the legalization and regulatory alterations, awareness and education among consumers, growing consciousness about health and wellness, augmentation of product assortment, and continuous research and development.

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What Are the Latest Innovations Influencing theCBD Nutraceuticals Market?

Product innovation is becoming a crucial trend in the CBD nutraceuticals market, with prominent companies in the sector focusing their efforts on creating new products to consolidate and maintain their market standing. Take for example the August 2024 move by the US cannabis firm, Curaleaf Holdings Inc., who introduced JAMS Remix to the market. This novel line of innovative and full-flavored jellies was designed to cater to a broad spectrum of cannabis consumers’ needs. Infused with fast-acting onset technology, these jellies come with unique multi-cannabinoid ratios and other functional ingredients to garner specific effects for different times of the day. The product line boasts three varieties, namely Shineapple featuring a fusion of THC, THCV, and CBG for a motivational boost, Sootheberry combining THC, CBD, and L-Theanine for relaxation, and Lullaberry designed for nighttime use containing THC, CBN, CBD, and melatonin to facilitate serenity.

Who Are the Major Industry Players Accelerating Growth in theCBD Nutraceuticals Market?

Major companies operating in the CBD nutraceuticals market include CV Sciences Inc., Elixinol LLC, Medterra CBD, Charlotte’s Web Holdings Inc., Diamond CBD Inc., Garden of Life LLC, Green Roads, Isodiol International Inc., Medical Marijuana Inc., Cannavedic Pvt. Ltd., Canopy Growth Corporation, Folium Biosciences LLC, Gaia Botanicals LLC, Kats Botanicals Ltd., Medix CBD, Valens Company, Aphria Inc., Hemp Bombs, Cronos Group Inc., GW Pharmaceuticals Group plc, Harvest One Cannabis Inc., The Supreme Cannabis Company, Organigram Holdings Inc., HEXO Corp., Aleafia Health Inc., MediPharm Labs Corp., Joy Organics LLC, Shaman Botanicals LLC, Irwin Naturals Inc., HempFusion Wellness Inc.

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Which Primary Segments of the CBD Nutraceuticals Market Are Driving Growth and Industry Transformations?

The CBD nutraceuticals market covered in this report is segmented –

1) By Product: CBD Tinctures, Capsules and Soft Gels, CBD-Based Protein, CBD Gummies

2) By Distribution Channel: Retail Stores, Pharmacies, E-Commerce Portals, Other Distribution Channels

3) By Application: Wellness, Workout Supplements, Edibles And Fortified Foods

Subsegments:

1) By CBD Tinctures: Full-Spectrum CBD Tinctures, Broad-Spectrum CBD Tinctures, Isolate CBD Tinctures

2) By Capsules And Soft Gels: CBD Oil Capsules, CBD Soft Gel Capsules, CBD Hemp Extract Capsules

3) By CBD-Based Protein: CBD Protein Powders, CBD Protein Bars, CBD Protein Supplements

4) By CBD Gummies: Regular CBD Gummies, Vegan CBD Gummies, Sugar-Free CBD Gummies

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theCBD Nutraceuticals Market?# Market?

North America was the largest region in the CBD nutraceuticals market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global CBD nutraceuticals market report forecast period. The regions covered in the CBD nutraceuticals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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