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What fueled the previous growth in the cbd nutraceuticals market?

The size of the CBD nutraceuticals market has seen rapid expansion in the past few years. It is projected to rise from $8.76 billion in 2024 to $10.47 billion in 2025, with a compound annual growth rate (CAGR) of 19.5%. The surge in the historic period is due to factors such as product diversification, improved extraction techniques, approval by healthcare experts, the growth of retail outlets, and its integration into consumer lifestyles.

What will be the cbd nutraceuticals market size in the future?

The projected expansion of the CBD nutraceuticals market size is anticipated to be swift over the coming years, increasing to “$20.37 billion by 2029 with a 18.1% compound annual growth rate (CAGR). Factors contributing to this growth during the forecast period include its incorporation into general health and wellness, implementation of quality control systems, evolving perceptions in healthcare, ongoing research and innovation, as well as product portfolio expansion. Key trends to watch in the forecast period include changes in legalization and regulatory frameworks, advancements in consumer awareness and education, growing consciousness of health and wellness, expansion in product diversity, and continuous research and innovation.

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What main drivers are fueling expansion in the cbd nutraceuticals market?

The anticipated rise in the demand for plant-based meals is predicted to accelerate the CBD nutraceuticals market’s growth. The term “herbal supplements” refers to supplements sourced or made from the oils, blossoms, roots, seeds, or berries of one or multiple herbs, a subset of plant-based dietary supplements. As they originate from natural components and lack harmful chemicals, these herbal supplements are increasingly favored over traditional supplements. CBD nutraceuticals, extracted from cannabis plants, provide health benefits alongside the fundamental nutritional value inherent in food. As a result, the mounting demand for plant-based dietary supplements propels the sale of CBD nutraceuticals. For instance, the Good Food Institute, a non-profit organization based in the US, reported that the global retail sale of plant-based seafood and meat amounted to a total of $6.1 billion in the year 2022. This indicates an 8% revenue growth and a 5% weight increase. Consequently, the burgeoning demand for plant-based meals influences the expansion of the CBD nutraceutical market.

What key areas define the segmentation of the global cbd nutraceuticals market?

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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Who are the dominant players expanding their reach in the cbd 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.

How are evolving market trends shaping cbd nutraceuticals Strategies?

Product innovation is increasingly becoming a predominant trend in the CBD nutraceuticals industry. Many top-tier companies are focusing on the development and launch of new, innovative products to secure and maintain their market standing. For example, in August 2024, Curaleaf Holdings Inc., a US-based cannabis firm, introduced JAMS Remix to the market. This new range of exciting, full-bodied jellies was designed specifically to cater to a wide range of cannabis consumers’ needs. With the use of rapid-activation technology, these jellies incorporate unique multi-cannabinoid ratios and other beneficial ingredients to deliver targeted effects at different periods during the day. The line offers three variants, like Shineapple, which merges THC, THCV, and CBG to produce a burst of motivation, Sootheberry, a blend of THC, CBD, and L-Theanine intended for relaxation, and Lullaberry, a blend specifically made for nighttime use, consisting of THC, CBN, CBD, and melatonin to instill tranquility.

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Which regions are emerging as leaders in 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

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