The CBD-infused Products Market was valued at $32.22 billion in 2023. This market is expected to reach $291.39 billion by 2031 from an estim

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The CBD-infused Products Market was valued at $32.22 billion in 2023. This market is expected to reach $291.39 billion by 2031 from an estim
Meticulous Research®—a leading global market research company, published a research report titled ‘CBD-infused Products Market—Global Opportunity Analysis and Industry Forecast (2025-2032)’. According to this latest publication, the CBD-infused products market is expected to reach $291.39 billion by 2032, at a CAGR of 30.6% from 2025 to 2032.
The CBD-infused goods market is expanding due to rising demand for cannabis, legalization, and increased interest in cannabis-infused edibles. Furthermore, the medical and therapeutic health benefits of CBD products are increasing their appeal. However, issues such as the expensive cost of cannabidiol (CBD) and stringent cannabis regulations in some countries may impede its progress. Despite these limits, new opportunities are emerging, particularly in the fields of cannabis-infused pet food and beverages.
The CBD-infused goods industry is moderately competitive, with numerous large and small companies on both a global and regional scale. Canopy Growth Corporation (Canada), Aurora Cannabis Inc. (Canada), Maricann Inc. (Canada), Tilray Brands, Inc. (Canada), GW Pharmaceuticals plc (U.K.), MediPharm Labs Corp. (Canada), Cresco Labs, Inc. (U.S.), Tauriga Sciences, Inc. (U.S.), MariMed Inc. (U.S.), CV Sciences, Inc. (U.S.), Kona Gold Beverage, Inc. (U.S.), Bhang Inc. (U.S.), DT Brands & Co. (N.I.) Ltd.
The market is divided into three segments: source, kind, and distribution channel. Among the sources, hemp is predicted to dominate, accounting for 76.3% of the market by 2024. Hemp-based CBD products are especially popular since they contain less THC, which reduces high effects and makes them safe for a variety of medical applications. Furthermore, the anti-inflammatory, anti-aging, and antioxidant benefits of hemp-derived CBD add to its market dominance. In terms of product type, edibles are predicted to dominate the market with a 33.6% share by 2024. This trend is being driven by an increase in demand for cannabis-infused foods, particularly in the recreational sector, as well as the growing popularity of CBD in verticals like as confectionery and baking. Customers are also resorting to CBD edibles as an alternative to smoking.
In terms of distribution channels, the offline segment is expected to dominate the market in 2024. In-person purchasing is still preferred due to the perception of authenticity and the need for a more customized shopping experience, which encourages the expansion of physical retail outlets in the CBD-infused products industry. Geographically, North America is predicted to lead the market, accounting for 59.5% of the worldwide share in 2024 and worth an estimated $26.76 billion. This dominance is fueled by factors like as simple access to CBD products, technological breakthroughs in manufacturing, a big consumer base, and CBD's growing appeal for both medical and recreational purposes. Furthermore, heightened knowledge of the health advantages of CBD and rising consumer spending strengthen North America's strong position.
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Key Questions Answered in the Report-
· What is the value of revenue generated by the sale of CBD-infused products?
· At what rate is the global demand for CBD-infused products projected to grow for the next five to seven years?
· What is the historical market size and growth rate for the CBD-infused products market?
· What are the major factors impacting the growth of this market at global and regional levels?
· What are the major opportunities for existing players and new entrants in the market?
· Which source, type, and distribution channel segments create major traction for the manufacturers in this market?
· What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the CBD-infused products market?
· Who are the major players in the CBD-infused products market? What are their specific product offerings in this market?
· What recent developments have taken place in the CBD-infused products market? What impact have these strategic developments created on the market?
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Organigram locks up supply of hemp-derived CBD through agreement with N.B. research company
Organigram Holdings Inc., the parent company of Organigram Inc., has entered into an agreement with 1812 Hemp to secure supply and support research and development on the genetic improvement of hemp through traditional plant breeding methods. As per the agreement, “Organigram will have access to a secure supply of hemp flower that contains significant levels of cannabidiol (CBD cultivars ranging from four percent to eight percent),” notes a press release issued by OrganiGram, a licensed producer of cannabis based in New Brunswick that is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend its global footprint. Organigram had access to approximately 6,000 kg of dried hemp flower harvested in the fall of 2018, which the company intends to purchase and begin to send for extraction within the first quarter of 2019, the statement reports. Additionally, the company “has a right-of-first refusal on future procurement of hemp from 1812 Hemp, which is expected to increase significantly in 2019 and beyond,” it adds. “CBD is a naturally occurring active ingredient in hemp and cannabis that is currently being studied for various therapeutic uses,” Organigram reports. For its part, industry hemp research company 1812 Hemp “is focused on further developing a line of Canadian cultivars—specific varieties of plants cultivated to enhance desirable qualities—of high CBD-yielding hemp for the Canadian climate,” the statement notes. “The recent legalization of cannabis in Canada has meant an increased need for agriculture technologies and plant breeding research to support both the indoor and outdoor growing of cannabis and industrial hemp,” it adds. “Maximizing the CBD yield of hemp and cannabis means being able to meet increasing consumer demand for CBD while reducing overall production costs,” comments Organigram CEO Greg Engel. “We see the future CBD market in Canada and beyond to be an incredible opportunity,” Engel says. “CBD infused products will only grow in both medical and adult recreational channels, and we are focused on establishing the right relationships and processes now to fully take advantage of that opportunity.” (Rights of the text go to 420intel.com . Image is from shutterstock) Read the full article
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