Market Overview:
The global CBD gummies market is expected to exhibit a growth rate (CAGR) of 27.3% during 2023-2028.
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.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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.
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 at the global, regional, and country level from 2023-2028. Our report has categorized the market based on concentration, packaging and distribution channel.
Breakup by Concentration:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- 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:
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- North America
- Asia Pacific
- China
- South Korea
- Australia
- Others
- Europe
- Germany
- United Kingdom
- Netherlands
- Spain
- Others
- Latin America
- Middle East and Africa
- South Africa
- Israel
- Others
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.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Million |
Segment Coverage |
Concentration, Packaging, Distribution Channel, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, China, South Korea, Australia, Germany, United Kingdom, Netherlands, Spain, Brazil, Argentina, South Africa, Israel |
Companies Covered |
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 |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |