Global CBD Gummies Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The global CBD gummies market is anticipated to grow at a considerable CAGR of 28.0% during the forecast period (2021-2027). The use of cannabis and CBD has become legal in many countries and the absence of traces of tetrahydrocannabinol (THC) content in the product is expected to drive demand among consumers. For instance, according to EU law, CBD oil must not contain more than 0.2% THC7, which applies to all European Union member countries. This means that oils and other products must be made from CBD-rich Cannabis varieties, particularly Cannabis Sativa L (CSL) varieties. The CSL varieties are officially legal in the EU with registration under the EU's 'Common Catalogue of Varieties of Agricultural Plant Species and also tetrahydrocannabinol (THC) content in the plant does not exceed a concentration of 0.2%.
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Rising acquisitions, product approval, collaborations among the major
players in the market also propel the growth of the market. For instance, in
May 2021, CV Sciences, Inc. has introduced PlusCBDTM Calm and Sleep, two
flavourful gummies that promote healthier stress responses and sleep cycles for
people resuming their normal routines. Each PlusCBDTM Calm gummy includes 10mg
of CBD extracted from sustainable hemp, as well as two neuroactive amino acids:
5-HTP and L-Theanine. PlusCBDTM Calm and Sleep gummies involve no artificial
flavoring or sweeteners, making them an appealing option for those looking for
a natural means to facilitate their stress response and sleep cycle. With the
introduction of the PlusCBDTM gummy line, the company supports many consumers'
sleep and relaxation in the face of stressful experiences that they are facing
in such unprecedented times of the COVID-19 pandemic.
Market
Coverage
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By
Concentration
·
By
Distribution Channel
Regions
Covered
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- CBDfx, CV science Inc., Green Roads of Florida, LLC, Medterra CBD
LLC.
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Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Deviation
from the pre-COVID-19 forecast
Ø
Most
affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global CBD
Gummies Market Report Segment
By
Concentration
·
High
Concentration
·
Low
Concentration
By
Distribution Channel
·
Online
·
Offline
Global CBD
Gummies Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
Company Profiles
·
Canopy Growth Corp.
·
CBD American Shaman
·
CBDfx
·
Charlotte's Web
·
CV science Inc.
·
Diamond CBD
·
Dixie Brands, Inc.
·
Elixinol Global LTD
·
Gold Bee
·
Green Roads of Florida, LLC
·
Hemp Bombs
·
Joy Organics
·
Medix Wellness LTD
·
Medterra CBD LLC
·
Premium Jane
·
PureKana LLC
·
Reliva CBD Wellness
·
Royal CBD
·
Sunday scaries
·
Verma Farms
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data sources mined for investigation.
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research analysts answer all your questions before and after purchasing your
report.
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Market Research
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