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What Factors Are Driving the Anticipated Growth Rate of the CBD Nutraceuticals Market Through 2034?

In the past few years, the size of the CBD nutraceuticals market has seen a significant increase. It is expected to expand unprecedentedly, surging from $8.76 billion in 2024 to $10.47 billion in 2025 with a compound annual growth rate (CAGR) of 19.5%. The surge experienced in historical periods is owing to several factors such as product diversification, advanced extraction methods, acceptance in the healthcare sector, retail channel expansion, and assimilation into consumer lifestyles.

In the forthcoming years, the market size of CBD nutraceuticals is predicted to experience robust growth, expanding to “$20.37 billion by 2029 with a compound annual growth rate (CAGR) of 18.1%. The projected growth during this period is a result of its acceptance in mainstream wellness practices, implementation of quality check parameters, evolving perspectives in healthcare, constant research and development, and the broadening scope of the product range. Significant trends expected during the forecast period encompass changes in legalization and regulation, enhancement of consumer knowledge and education, ascent in health and wellness alertness, augmentation in the variation of products, and continual research and development.

What Major Innovations Are Driving the Accelerated Growth of the cbd nutraceuticals Market?

The rise in popularity for plant-based nourishment is set to drive the expansion of the CBD nutraceuticals market. Herbal additives (plant-based diet enhancements) are diet supplements derived from oils, roots, seeds, berries, or flowers of one or more plants. These herbal supplements now enjoy greater popularity over their conventional counterparts, primarily since they are sourced naturally and do not contain harmful chemicals. CBD nutraceuticals, originating from cannabis plants, offer health benefits that supplement the basic nutrition found in food products. Consequently, the growing demand for plant-based diet supplements augments the sale of CBD nutraceuticals. For example, in April 2023, as per a report by the Good Food Institute, a non-profit organization based in the US, the worldwide retail sale of plant-based seafood and meat touched $6.1 billion in 2022, marking an 8% revenue growth and a 5% weight increase. Hence, the surging demand for plant-based nourishment is fueling the growth of the CBD nutraceutical market.

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Who Are the Major Industry Leaders Accelerating Growth in the CBD Nutraceuticals Market?

Major companies operating in the CBD nutraceuticals market include:

• CV Sciences Inc._x000D_

• Elixinol LLC_x000D_

• Medterra CBD_x000D_

• Charlotte’s Web Holdings Inc._x000D_

• Diamond CBD Inc._x000D_

Which Current Trends Are Having the Most Impact on the CBD Nutraceuticals Market?

Innovations in product development are becoming a significant trend in the CBD nutraceuticals market. Leading corporations operating in this industry are concentrating on developing novel products to enhance and maintain their market presence. For example, in August 2024, Curaleaf Holdings Inc., an American cannabis firm, unveiled JAMS Remix, a fresh series of inventive, taste-heavy jellies designed to accommodate the varying needs of cannabis users. Leveraging swift-acting onset technology, these jellies come with exclusive multi-cannabinoid ratios mixed with practical ingredients to deliver specific effects at different periods of the day. The product assortment has three versions namely, Shineapple that blends THC, THCV, and CBG to induce motivation; Sootheberry that contains THC, CBD, and L-Theanine for relaxation; and Lullaberry, designed for night use merging THC, CBN, CBD, and melatonin to promote tranquility.

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What Are the Strategic Segments Comprising the CBD Nutraceuticals Market and Their Growth Contributions?

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

Which Regions Are Key Players in the Growth of the CBD Nutraceuticals 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

What Key Elements Shape the Definition of the CBD Nutraceuticals Market?

CBD (cannabidiol) nutraceuticals refer to non-psychoactive compounds derived from cannabis plants with health benefits in addition to the basic nutritional value found in foods. CBD consists of nutritional components such as B-complex vitamins including Vitamin B6, B12, riboflavin, niacin, and thiamine.

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