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Global CBD Edibles Market to reach USD xx billion by 2027.

Global CBD Edibles Market Size study, by Type (Chocolates & Candies, Gummies, Snacks, Supplements, Beverages, and Others) Nature (Organic and Conventional) and Sales Channel (Hypermarket/Supermarket, Specialty Store, Online Retails, and Other Retail Formats) and Regional Forecasts 2021-2027

Product Code: OIRFB-82445563
Publish Date: 30-11-2021
Page: 200

Global CBD Edibles Market is valued approximately USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx % over the forecast period 2021-2027. Due to their remarkable medicinal effects, CBD edibles are beneficial to consumers in a variety of ways. These CBD sweets, which come in a number of tastes and textures, deliver a hemp-based chemical or cannabis to the body for stress and depression alleviation. Owing to the unavoidable financial losses caused by the coronavirus epidemic, number of people experiencing worry and anxiety have substantially increased. During the ongoing COVID-19 outbreak, CBD edibles have been discovered to be effective due to its medicinal effects. In the forecast period of 2021 to 2027, factors such as increased hemp production, increased awareness about the health benefits of cannabis, increased demand from the healthcare industry, and legalization of cannabis in other industries are projected to boost the CBD edibles market. For instance, according to the National Restaurant Association, cannabis was named the hottest culinary trend of 2019 by the world’s largest foodservice association. CBD edibles are projected to take the place of unhealthy foods including cookies, brownies, and confectionaries. Cannabis consumers are looking for longer-lasting alternatives to smoking cannabis, which is expected to fuel the market for CBD edibles. Meadow is a website that allows users to give medical cannabis prescriptions via video chat and have the cannabis product delivered to them from the local shop. Similarly, Canopy Growth Corp. and Aurora Cannabis Inc. are among the globally leading businesses that Shopify is providing Point-of-Sale services to. The majority of major CBD edibles companies, including Premium Jane, Pure Kana, and CBD One Ltd, sell their goods through their e-commerce websites. In the forecast period, the market expansion is expected to be hampered by the high cost of CBD products and the presence of strict regulations. Whereas, advancement in technology and growing e-commerce industry will offer various opportunities for market players during the forecasting years.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide CBD Edibles market. North America is predicted to account for the highest share of the CBD edibles market due to rising healthcare and research and development spending. This is due to technological developments, changing lifestyles, increased awareness of CBD-infused products, and the existence of other significant market players in the region. Furthermore, China is one of the fastest expanding markets for hemp-based products and CBD edibles, owing to rising urbanization and the presence of major industry contributors. In recent years, the Chinese CBD edibles market has benefited from increased demand and acceptance of CBD products. Moreover, India is one of the most important countries in Asia Pacific to demonstrate promising growth prospects in the CBD edibles industry. The availability of raw materials needed to make CBD edibles, industrialization, and a rapidly increasing economy are all elements contributing to Asia Pacific’s fastest revenue growth.
Major market player included in this report are:
Pure Kana
CV Sciences.
Isodiol International
Elixinol Global Ltd
Charlotte’s Web Holdings Inc
Canopy Growth Corp
Medical Marijuana Inc
Aurora Cannabis Inc.
MGC Pharmaceuticals Ltd.
Creso Pharma Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Mode of Operation offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Chocolates & Candies
Gummies
Snacks
Supplements
Beverages
Others
By Nature
Organic
Conventional
By Sales Channel
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Retail
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global CBD Edibles Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. CBD Edibles Market, by Region, 2019-2027 (USD Billion)
1.2.2. CBD Edibles Market, by Type, 2019-2027 (USD Billion)
1.2.3. CBD Edibles Market, by Nature, 2019-2027 (USD Billion)
1.2.4. CBD Edibles Market, by Sales Channel, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global CBD Edibles Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global CBD Edibles Market Dynamics
3.1. CBD Edibles Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rising demand from food industry and healthcare industry
3.1.1.2. Increased hemp production
3.1.2. Market Challenges
3.1.2.1. High cost of CBD products
3.1.3. Market Opportunities
3.1.3.1. Technological advancements by market players
3.1.3.2. Growing e-commerce industry
Chapter 4. Global CBD Edibles Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global CBD Edibles Market, by Type
5.1. Market Snapshot
5.2. Global CBD Edibles Market by Type, Performance – Potential Analysis
5.3. Global CBD Edibles Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. CBD Edibles Market, Sub Segment Analysis
5.4.1. Chocolates & Candies
5.4.2. Gummies
5.4.3. Snacks
5.4.4. Supplements
5.4.5. Beverages
5.4.6. Others
Chapter 6. Global CBD Edibles Market, by Nature,
6.1. Market Snapshot
6.2. Global CBD Edibles Market by Nature, Performance-Potential Analysis
6.3. Global CBD Edibles Market Estimates & Forecasts by Nature, 2018-2027 (USD Billion)
6.4. CBD Edibles Market, Sub Segment Analysis
6.4.1. Organic
6.4.2. Conventional
Chapter 7. Global CBD Edibles Market, by Sales Channel,
7.1. Market Snapshot
7.2. Global CBD Edibles Market by Sales Channel, Performance-Potential Analysis
7.3. Global CBD Edibles Market Estimates & Forecasts by Sales Channel, 2018-2027 (USD Billion)
7.4. CBD Edibles Market, Sub Segment Analysis
7.4.1. Hypermarkets/Supermarkets
7.4.2. Convenience Stores
7.4.3. Specialty Stores
7.4.4. Online Retail
Chapter 8. Global CBD Edibles Market, Regional Analysis
8.1. CBD Edibles Market, Regional Market Snapshot
8.2. North America CBD Edibles Market
8.2.1. U.S. CBD Edibles Market
8.2.1.1. Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Sales Channel breakdown estimates & forecasts, 2018-2027
8.2.1.3. Nature breakdown estimates & forecasts, 2018-2027
8.2.2. Canada CBD Edibles Market
8.3. Europe CBD Edibles Market Snapshot
8.3.1. U.K. CBD Edibles Market
8.3.2. Germany CBD Edibles Market
8.3.3. France CBD Edibles Market
8.3.4. Spain CBD Edibles Market
8.3.5. Italy CBD Edibles Market
8.3.6. Rest of Europe CBD Edibles Market
8.4. Asia-Pacific CBD Edibles Market Snapshot
8.4.1. China CBD Edibles Market
8.4.2. India CBD Edibles Market
8.4.3. Japan CBD Edibles Market
8.4.4. Australia CBD Edibles Market
8.4.5. South Korea CBD Edibles Market
8.4.6. Rest of Asia Pacific CBD Edibles Market
8.5. Latin America CBD Edibles Market Snapshot
8.5.1. Brazil CBD Edibles Market
8.5.2. Mexico CBD Edibles Market
8.6. Rest of The World CBD Edibles Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Pure Kana
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Form Summary
9.2.1.5. Recent Developments
9.2.2. CV Sciences.
9.2.3. Isodiol International
9.2.4. Elixinol Global Ltd
9.2.5. Charlotte’s Web Holdings Inc
9.2.6. Canopy Growth Corp
9.2.7. Medical Marijuana Inc
9.2.8. Aurora Cannabis Inc.
9.2.9. MGC Pharmaceuticals Ltd.
9.2.10. Creso Pharma Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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