Global Cannabis-infused Edible Products Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
The global cannabis-infused edible products market and it is expected to grow by $ 25.27 billion, accelerating at a CAGR of almost 21.74% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Global Cannabis-infused Edible Products Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by Product (Food and Beverage) and Geography (North America, Europe, APAC, South America, and MEA). 72% of the market growth will originate from North America during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Global Cannabis-infused Edible Products Market: Top Drivers to Boost Demand
Growing social acceptance of cannabis is one of the primary factors driving the growth of the global cannabis-infused edible products market. Moreover, the legalization of the use of cannabis for medical treatment has contributed to market growth. It is also being patronized by the healthcare and functional food industry.
The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
Vendor Analysis: Bhang Corp., Botanic Lab and Cannabinoid Creations are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Bhang Corp., Botanic Lab, Cannabinoid Creations, CHARLOTTES WEB, Grön Confections, Kats Botanicals, Kiva Brands Inc., Lulu Group International, Medix CBD, and Mentor Capital Inc. are some of the major market participants. For more insights on this market: Download a Free Sample Report
Global Cannabis-infused Edible Products Market: Key Highlights of the Report for 2021-2025
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