The global CBD Snacks market is expected to reach a market valuation of USD 712.5 Million by the year 2022, accelerating with a CAGR of 13.2% by 2022 to 2032. North America dominated the CBD snack market, accounting for more than 30% of revenue in 2021.
| Attribute | Details |
|---|---|
| CBD Snacks Market Size (2022E) | USD 712.5 Million |
| CBD Snacks Market Projected Size (2032F) | USD 2.5 Billion |
| Value CAGR (2022 to 2032) | 13.2% |
| Top 3 Countries Marketing Share | 33.2% |
CBD Snacks market sales are likely to account for a part of the demand in the global food processing market in 2022.
FMI analysis indicates that the implementation of stringent regulations associated with the product, as well as the high cost of medical cannabis-based oil extract-infused food products, are expected to stymie the growth of the CBD-infused snacks market.
Concerns about side effects such as allergies, headaches, and substance abuse are expected to challenge the CBD-infused snacks market during the forecasted period.
| Market Statistics | Details |
|---|---|
| H1,2021 (A) | 13.1% |
| H1,2022 Projected (P) | 13.2% |
| H1,2022 Outlook (O) | 14.5% |
| BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 132 ↑ |
| BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 145.2 ↑ |
In the first half of 2021, the global market for CBD Snacks Market grew by 13.1 percent. Though not equally distributed throughout all regions, this growth is stronger in developing markets, where it reached 14.5%. Thus, during H1 2022, there will be a 145.2 BPS point difference between predicted and projected growth.
CBD snacks are a recent development in the CBD industry. CBD snacks are made with CBD oil, which is known for its therapeutic properties. People who use CBD oil to treat medical conditions say that it helps them feel better. CBD snacks are a great way to get the benefits of CBD oil without having to take a pill or swallow a liquid.
In recent years, CBD snacks have become increasingly popular. However, there are currently no regulations in place governing their production and sale. This has led to a wide variety of CBD snacks on the market, with some being of poor quality and others containing high levels of THC.
The lack of regulations also means that there is no standard for how much CBD is present in these snacks. As a result, it can be difficult for consumers to know how much CBD they are consuming and whether or not it will be effective.
It is therefore important that the government introduces regulations for CBD snacks. This would ensure that all products meet a minimum standard and that consumers can trust that they are getting the dose of CBD they expect.
Cannabis-infused snacks are food products that contain extracts of marijuana. Candies and baked foods, for example, fall into this category of food products. THC (tetrahydra cannabinol) and CBD (cannabidiol) are used in these edibles because THC is psychoactive. Cannabis is a plant that belongs to the cannabaceae family. It is also known as hemp or hemp fiber. The oil can be used as a therapeutic product as well as a psychoactive drug.
Consumers' increasing preference for natural organic products over pharmaceuticals is one of the major factors driving the growth of the CBD-infused snacks market. The growing demand for cannabidiol (CBD) for the production of snacks and wellness products due to its healing properties is driving the CBD-infused snacks market growth.
The CBD-infused snacks market is being driven by the growing popularity of CBD-infused snacks due to their therapeutic properties, as well as changes in consumer food habits. Furthermore, a growing number of social media influencers promoting the product's benefits, mergers and acquisitions among key players, R&D activities, a change in lifestyle, and an increase in disposable income all have a positive impact on the CBD-infused snacks market.
CBD demand is surging at an incredible rate, with growing applications in a diverse range of interconnected services and industries. CBD, which has been lauded by numerous experts for its extensive health benefits while avoiding the psychoactive effects of THC, is gaining widespread market acceptance around the world.
CBD markets are estimated to grow by 50% per year between 2021 and 22. Adoption rates are gradually increasing and will continue to rise as more people become aware of the issue. Each year, new medicinal and therapeutic uses are discovered as commercial manufacturing continues to produce an expanding variety of food products infused with CBD.
North America dominated the CBD snack market, accounting for more than 30% of revenue in 2021. The United States of America is positively contributing to market revenue. The presence of health-conscious citizens, as well as the increasing consumption of CBD snacks, are driving the growth of this market. Furthermore, the presence of major producers, as well as the approval of the USA
Asia Pacific held the second-largest share in 2021 and is expected to grow at the fastest CAGR between 2022 and 2032. China is making a positive contribution to market revenue. China is one of the world's largest cultivators.
In 2021, the berry segment had a market share of more than 35%. The natural berry flavor is widely used in the industry for preserves, jams, and cakes, and it also acts as an anti-oxidant. Consumer preference, rising nutrition consciousness, and changes in taste are all factors driving the growth of this segment.
In 2020, the offline distribution channel had a market share of more than 70%. CBD snack manufacturers use traditional retail channels such as word-of-mouth promotion, advertising, and marketing. Offline channels are expected to maintain their lead because they offer buyers the option of physical product verification at the time of purchase.
From 2022 to 2032, the fastest CAGR is expected to be 17% for the online distribution channel segment. The use of online shopping portals and mobile apps is becoming more popular among the young population, who are the industry's major global consumers.
The global CBD snacks market is highly competitive and highly fragmented. This global CBD snacks market landscape is the result of a growing number of emerging players in the market around the world. Partnerships, associations, affiliations, mergers, and collaborations are among the strategies used by new entrants. With the help of these strategies, new players can gain crucial and much-needed market exposure that will assist them in understanding the dynamics of the global CBD snacks market.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Million. Sq. M. for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
| Key Countries Covered | USA, Brazil, Mexico, Germany, UK, China, India, Japan, Australia, and GCC Countries |
| Key Segments Covered | Type, Distribution Channel, Region |
| Key Companies Profiled | ZBD; LivityFoods LLC; VELOBAR; Naturebox; Weller; Evo Hemp; CBD American Shaman; Dixie Brands Inc.; Premium Jane; Pure Kana; Just CBD. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
Table 1: Global CBD Snacks Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global CBD Snacks Market Volume (MT) Forecast by Region, 2017-2032
Table 3: Global CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 4: Global CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 5: Global CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 6: Global CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 7: North America CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: North America CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 9: North America CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 10: North America CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 11: North America CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 12: North America CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 13: Latin America CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Latin America CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 15: Latin America CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 16: Latin America CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 17: Latin America CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 18: Latin America CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 19: Europe CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 20: Europe CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 21: Europe CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 22: Europe CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 23: Europe CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 24: Europe CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 25: East Asia CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: East Asia CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 27: East Asia CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 28: East Asia CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 29: East Asia CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 30: East Asia CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 31: South Asia CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 32: South Asia CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 33: South Asia CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 34: South Asia CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 35: South Asia CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 36: South Asia CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 37: Oceania CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 38: Oceania CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 39: Oceania CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 40: Oceania CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 41: Oceania CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 42: Oceania CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Table 43: MEA CBD Snacks Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 44: MEA CBD Snacks Market Volume (MT) Forecast by Country, 2017-2032
Table 45: MEA CBD Snacks Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 46: MEA CBD Snacks Market Volume (MT) Forecast by Type, 2017-2032
Table 47: MEA CBD Snacks Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
Table 48: MEA CBD Snacks Market Volume (MT) Forecast by Distribution Channel, 2017-2032
Figure 1: Global CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 2: Global CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 3: Global CBD Snacks Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global CBD Snacks Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global CBD Snacks Market Volume (MT) Analysis by Region, 2017-2032
Figure 6: Global CBD Snacks Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 7: Global CBD Snacks Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 8: Global CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 9: Global CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 10: Global CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 11: Global CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 12: Global CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 13: Global CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 14: Global CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 15: Global CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 16: Global CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 17: Global CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 18: Global CBD Snacks Market Attractiveness by Region, 2022-2032
Figure 19: North America CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 20: North America CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 21: North America CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 22: North America CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 23: North America CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 24: North America CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 25: North America CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 26: North America CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 27: North America CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 28: North America CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 29: North America CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 30: North America CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 31: North America CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 32: North America CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 33: North America CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 34: North America CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 35: North America CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 36: North America CBD Snacks Market Attractiveness by Country, 2022-2032
Figure 37: Latin America CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 38: Latin America CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 39: Latin America CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 40: Latin America CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 41: Latin America CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 42: Latin America CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 43: Latin America CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 44: Latin America CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 45: Latin America CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 46: Latin America CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 47: Latin America CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 48: Latin America CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 49: Latin America CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 50: Latin America CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 51: Latin America CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 52: Latin America CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 53: Latin America CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 54: Latin America CBD Snacks Market Attractiveness by Country, 2022-2032
Figure 55: Europe CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 56: Europe CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 57: Europe CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 58: Europe CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 59: Europe CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 60: Europe CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 61: Europe CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 62: Europe CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 63: Europe CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 64: Europe CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 65: Europe CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 66: Europe CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 67: Europe CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 68: Europe CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 69: Europe CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 70: Europe CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 71: Europe CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 72: Europe CBD Snacks Market Attractiveness by Country, 2022-2032
Figure 73: East Asia CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 74: East Asia CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 75: East Asia CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 76: East Asia CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 77: East Asia CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 78: East Asia CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 79: East Asia CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 80: East Asia CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 81: East Asia CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 82: East Asia CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 83: East Asia CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 84: East Asia CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 85: East Asia CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 86: East Asia CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 87: East Asia CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 88: East Asia CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 89: East Asia CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 90: East Asia CBD Snacks Market Attractiveness by Country, 2022-2032
Figure 91: South Asia CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 92: South Asia CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 93: South Asia CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 94: South Asia CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 95: South Asia CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 96: South Asia CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 97: South Asia CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 98: South Asia CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 99: South Asia CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 100: South Asia CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 101: South Asia CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 102: South Asia CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 103: South Asia CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 104: South Asia CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 105: South Asia CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 106: South Asia CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 107: South Asia CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 108: South Asia CBD Snacks Market Attractiveness by Country, 2022-2032
Figure 109: Oceania CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 110: Oceania CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 111: Oceania CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 112: Oceania CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 113: Oceania CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 114: Oceania CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 115: Oceania CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 116: Oceania CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 117: Oceania CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 118: Oceania CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 119: Oceania CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 120: Oceania CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 121: Oceania CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 122: Oceania CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 123: Oceania CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 124: Oceania CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 125: Oceania CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 126: Oceania CBD Snacks Market Attractiveness by Country, 2022-2032
Figure 127: MEA CBD Snacks Market Value (US$ Mn) by Type, 2022-2032
Figure 128: MEA CBD Snacks Market Value (US$ Mn) by Distribution Channel, 2022-2032
Figure 129: MEA CBD Snacks Market Value (US$ Mn) by Country, 2022-2032
Figure 130: MEA CBD Snacks Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 131: MEA CBD Snacks Market Volume (MT) Analysis by Country, 2017-2032
Figure 132: MEA CBD Snacks Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 133: MEA CBD Snacks Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 134: MEA CBD Snacks Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 135: MEA CBD Snacks Market Volume (MT) Analysis by Type, 2017-2032
Figure 136: MEA CBD Snacks Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 137: MEA CBD Snacks Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 138: MEA CBD Snacks Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
Figure 139: MEA CBD Snacks Market Volume (MT) Analysis by Distribution Channel, 2017-2032
Figure 140: MEA CBD Snacks Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
Figure 141: MEA CBD Snacks Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
Figure 142: MEA CBD Snacks Market Attractiveness by Type, 2022-2032
Figure 143: MEA CBD Snacks Market Attractiveness by Distribution Channel, 2022-2032
Figure 144: MEA CBD Snacks Market Attractiveness by Country, 2022-2032
Throughout the forecast period, the CBD Snacks Market is expected to grow at a CAGR of 13.2%.
By 2032, the CBD Snacks Market is expected to be worth USD 2.5 Billion.
Demand for convenience food is driving the market.
The Asia Pacific region is one of the most important consumers and has the largest market share.
Major market players use strategies such as introducing new products and improving them, as well as investing in research and development.
Some of the key players in the CBD Snacks Market include ZBD, LivityFoods LLC, VELOBAR, Naturebox, Weller, Evo Hemp, CBD American Shaman, Dixie Brands Inc., Premium Jane, Pure Kana, and Just CBD.
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