CBD Gummies Market Size, Share, Industry Trends and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

CBD Gummies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global CBD gummies market grew at a CAGR of around 25% during 2014-2019. CBD gummies refer to edible candies containing non-psychoactive cannabidiol oil, which is extracted from the marijuana plant. These gummies are widely available in different shapes, flavors, colors, and concentrations of cannabidiol. CBD gummies are easily consumable and help in relieving chronic pain, reducing anxiety and depression, minimizing stress levels, treating insomnia, etc.

The rising legalization of cannabis for several medical and recreational purposes, particularly across countries such as the United States, Canada, Mexico, Argentina, etc., is augmenting the demand for CBD gummies. Furthermore, the growing consumer awareness towards several benefits of CBD gummies in treating inflammation, relieving pain, improving sleep quality, and better stress management, is also propelling the market growth. Additionally, the increasing prevalence of several respiratory ailments caused due to smoking cannabis has led to the changing consumer inclination towards CBD-infused edibles, including CBD gummies. Besides this, the growing incidences of several neurological and psychiatric disorders are further propelling the adoption of CBD gummies based on their non-psychotropic properties that eliminate the risk of drug-induced sensations among consumers. Moreover, the emergence of gluten-free, vegan, sugar-free, and organic CBD gummies that are usually prepared from non-GMO containing hemp plants, is further catalyzing the market growth. Looking forward, IMARC Group expects the global CBD gummies market to continue its strong over the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cbd gummies market report, along with forecasts for growth at the global, regional, and country-level from 2020-2025. Our report has categorized the market based on region, concentration, packaging and distribution channel.

Breakup by Concentration:

High Concentration
Low Concentration

Breakup by Packaging:

Pouches
Bottles
Jars
Cans

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Head Shops
Smoke Shops
Local Health Stores
Online
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- South Korea
- Australia
- Others
Europe
- Germany
- United Kingdom
- Netherlands
- Spain
- Others
Latin America
- Brazil
- Argentina
- Others
Middle East and Africa
- South Africa
- Israel

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being CBD American Shaman LLC, CV Sciences, Diamond CBD Limited, Dixie Brands Inc., Green Roads CBD, Hemp Bombs, Medix CBD, Premium Jane, Pure Kana, Reliva CBD Wellness and Sunday Scaries.

Key Questions Answered in This Report:

How has the global CBD gummies market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global CBD gummies market?
What are the key regional markets?
What is the breakup of the market based on the concentration?
What is the breakup of the market based on the packaging?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global CBD Gummies market and who are the key players?
What is the degree of competition in the industry?