[Latest Report] Global (CBD) Cannabis Edibles Market Size Worth $197.74 Billion by 2030 at a 32.04% CAGR: Custom Market Insights

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Sandy, USA, Sept. 07, 2022 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Cannabis Concentrate Market Size, Trends and Insights By Type (Live Resins, Wax, Oil, Chatter, Vape), By End User (Medical, Recreational Next, Food Industry), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand of global Cannabis Edibles Market size & share was valued at approximately USD 20.47 Billion in 2021 and is expected to reach a value of around USD 197.74 Billion by 2030, at a compound annual growth rate (CAGR) of about 32.04% during the forecast period 2021 to 2030.”
A huge number of benefits are offered by the products made from cannabis. It is a product obtained from a flowering plant that has been used since ancient times.
The therapeutic benefits provided by using cannabis products have successfully attracted the present market and the healthcare industry. The restrictions of many countries’ governments regarding the demand and supply of cannabis products hamper the market’s growth.

Click Here to Access a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Market Dynamics
Drivers
Many countries throughout the globe have legalized the demand and supply of products manufactured from cannabis to take advantage of the medicinal benefits obtained from these products. The use of topical applications such as creams and lotions has also increased tremendously due to the huge benefits and faster results obtained from the cannabis component in them. These multiple reasons help the market to show considerable growth during the forecast period.

(A free sample of the Cannabis Edibles report is available upon request; please contact us for more information.)

 Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Requestrequest
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis. 
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Cannabis Edibles report has been modified to include the COVID-19 impact study before delivery.)

Restraints
The strict restrictions and rules imposed by the government in many countries regarding the sales and supply of marijuana and other cannabis products to avoid misusing these products hamper the market’s growth tremendously. The high cost associated with using cannabinoid components in the products imposes another restriction on the market’s growth. These reasons hamper the expansion of the CBD edible market.


Opportunities
Several chronic diseases find their treatment with the help of cannabinoid components and their products. Severe wasting diseases also obtain great benefits from the use of cannabis-containing products. Many countries have offered legalization of the use of cannabis products which has supported the growth of the market to a great extent. A worldwide acceptance that has been showing towards the use of cannabis products has also boosted the demand in the market. These factors provide wonderful opportunities for the market to show considerable growth.

To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Challenges
The cost of the products which contain cannabis is quite high, which makes it impossible for the common people to take advantage of these products. Many countries have imposed restrictions on cannabis products, which proves to be a challenge for the market’s growth. 
Certain side effects are observed after the usage of cannabis products which proves to be an obstacle in the growing market phase. With the increasing consciousness among people regarding the side effects of chemically formulated medicines, the cannabis edibles market has faced a great challenge during its growing phase. These factors have proved to be the challenges in front of the global cannabis edibles market during the forecast period.

Report Highlights
Based on type, flower and bud segments have proved to be the fastest growing sectors under this heading as a result of the huge demand experienced by the market. These products are highly demanded in the global market as a result of the huge consumption by the people. The difference in the boiling temperature of the cannabinoids compared to the high temperature which burns out the flower has encouraged the use of advanced vaporizers.
The active principles of the cannabinoids are successfully obtained from the flowers and buds, which help manufacture many products and medicines. The use of sophisticated and advanced vaporizers has boosted the demand for cannabis products due to their fine quality. Concentrates from the next segment under this heading are highly demanded by potential buyers as a result of the variety of choices of flavors and formulations.

Key questions answered in this report:

  • What are the size of the Cannabis Edibles market and its expected growth rate?
  • What are the primary driving factors that push the Cannabis Edibles market forward?
  • What are the Cannabis Edibles Industry’s top companies?
  • What are the different categories that the Cannabis Edibles Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Cannabis Edibles market sample report and company profiles?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Recent Developments

  • In March 2021 – Recreational cannabis was legalized with the help of a bill that Mexican lawmakers passed. It proved to be a major milestone for this particular region and had the potential to emerge as a huge market globally. This bill had a provision that allowed adults to consume marijuana and carry out plantation of a certain number within the premises of their home. Suppose a permit was granted to these adults for this purpose. A license was granted to the people to produce and supply the crop.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 20.47 Billion
Projected Market Size in 2030 USD 197.74 Billion
CAGR Growth Rate 32.04% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players Pure Kana, CV Sciences., Charlottes Web Holdings Inc, Canopy Growth Corp, TIsodiol International, Elixinol Global Ltd, Medical Marijuana Inc, Aurora Cannabis Inc., Cronos Group Inc, Curaleaf Holdings Inc., MGC Pharmaceuticals Ltd., Creso Pharma Ltd., Green Thumbs Industries Inc., Tilray Inc., and Others
Key Segment By Type, Application, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Regional Insights

Based on geography, the region of North America has proved to be the largest market for cannabis edibles. The recreational use of cannabis edibles was legalized by this region around 2012 which has helped the market to take hold of the choices and demands of the people. 

Washington and Colorado were seen to be the initial users of this product for recreational purposes. Later on, 11 other states of Columbia, including certain districts, started using cannabis products as they were legalized in this region for recreation.


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Browse the full “Cannabis Edibles Market Size, Trends and Insights By Type (Flowers, Concentrates), By Application (Medical, Industrial, Recreational), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/cannabis-edibles-market/

Segments covered in the report

Based on Type

  • Flowers
  • Concentrates

Based on the Application

  • Medical
  • Industrial
  • Recreational

Based on Geography

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Spectacular Deals

  • Comprehensive coverage
  • Maximum number of market tables and figures
  • Subscription-based option offered
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  • Free 35% or 60 hours of customization.
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  • 25% discount on your next purchase.
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Click Here to Get a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/report/cannabis-edibles-market/

Browse More Cannabis Related Reports: 
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Cannabis Infused Beauty Products Markethttps://www.custommarketinsights.com/report/cannabis-infused-beauty-products-market/

Reasons for the Research Report

  • The study aims to provide a thorough overview of the global Cannabis Edibles market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

Click Here to Get a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/report/cannabis-edibles-market/

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Cannabis Edibles market analysis.
  • The competitive environment of current and potential participants in the Cannabis Edibles market is covered in the report, as well as those companies’ strategic product development ambitions.
  • According to the component, Application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

Click Here to Get a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/report/cannabis-edibles-market/

Who should buy this report?

· Participants and stakeholders in the worldwide Cannabis Edibles market should find this report useful. The research will be useful to all market participants in the Cannabis Edibles industry.

· In the Cannabis Edibles sector, managers are interested in publishing up-to-date and projected data about the worldwide Cannabis Edibles market.

· Governmental agencies, regulatory bodies, decision-makers, and organizations wanting to invest in market trends for Cannabis Edibles products.

· Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

About Custom Market Insights:

Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.

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