Global CBD Food and Beverage Market Size To Exceed USD 17.62 Billion By 2035 | CAGR of 17.43 %
Category: Food & BeveragesGlobal CBD Food and Beverage Market Size To Exceed USD 17.62 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global CBD Food and Beverage Market Size is expected to grow from USD3.01 Billion in 2024 to USD 17.62 Billion by 2035, at a CAGR of 17.43 % during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global CBD Food and Beverage Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Bakery Products, Chocolate, Cereal Bars, Candies, Beverages, Ice Cream, and Others), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/cbd-food-and-beverage-market
The CBD food and beverage sector includes the production, promotion, and distribution of consumable products that include cannabidiol (CBD), a non-psychoactive compound mostly derived from hemp plants. These commodities include beverages like teas, coffees, and sparkling waters, as well as treats like chocolates, candies, and baked products. The target market for CBD food and beverage is health-conscious consumers seeking natural, functional goods that promote wellness, lower stress levels, and offer therapeutic benefits through innovative plant-based formulations and expanding retail channels. An increasing number of consumers who are concerned about their health are integrating CBD into their daily routines in an effort to enhance their overall quality of life due to its versatility and potential health advantages. The market is increasing quickly as a result of several factors, such as growing consumer interest in wellness and natural products, evolving regulations, the gradual legalization of CBD in various jurisdictions, and increased public awareness of the potential benefits of CBD. Growing public awareness of CBD's therapeutic benefits and its broad acknowledgment in numerous legal jurisdictions worldwide are fueling this market's explosive growth. However, market expansion and worldwide adoption are restricted by stringent restrictions, uneven legalization, consumer skepticism, a lack of research, and problems with quality control.
The bakery products segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the CBD food and beverage market is divided into bakery products, chocolate, cereal bars, candies, beverages, ice cream, and others. Among these, the bakery products segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Comforting flavors and the possible health advantages of CBD combine to make bakery products a popular option that appeals to a wide range of customers.
The specialty stores segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the distribution channel, the CBD food and beverage market is divided into supermarkets and hypermarkets, specialty stores, convenience stores, online, and others. Among these, the specialty stores segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The experienced workers at specialty stores can offer helpful advice and information, improving the shopping experience for customers.
North America is expected to hold the majority share of the global CBD food and beverage market during the forecast period.
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North America is expected to hold the majority share of the global CBD food and beverage market during the forecast period. The North American market is anticipated to maintain its remarkable expansion as more states legalize CBD and customers show a greater interest in natural health goods. The 2018 Farm Bill legalized hemp-derived CBD at the federal level, placing the US in the lead for CBD adoption and legalization.
Asia Pacific is anticipated to grow at the fastest pace in the global CBD food and beverage market during the forecast period. Asia Pacific has significant development potential for CBD products due to customer interest and the search for natural and health-conscious substitutes. Despite the complexity of regulations, there is a sizable potential market because of the population's size and growing knowledge of CBD's health benefits.
Major vendors in the global CBD food and beverage market are Medterra CBD, Charlotte's Web, CV Sciences, Inc., Dixie Brands Inc., Green Roads CBD, HempMeds Brasil, Aurora Cannabis Inc., Phivida Holdings Inc., Elixinol Global Limited, CBD American Shaman, Beverages Trade Network, Canopy Growth Corporation, The Alkaline Water Company Inc., New Age Beverages Corporation, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In February 2023, As the US Food and Drug Administration (FDA) has yet to provide a regulatory pathway for cannabidiol (CBD) in consumer goods such as conventional foods and nutritional supplements, Congress is the next step for those involved in the cannabis industry. The FDA declared that it does not intend to begin regulating CBD and that its present regulations for foods and dietary supplements do not apply to CBD products.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the CBD food and beverage market based on the below-mentioned segments:
Global CBD Food and Beverage Market, By Product Type
- Bakery Products
- Chocolate
- Cereal Bars
- Candies
- Beverages
- Ice Cream
- Others
Global CBD Food and Beverage Market, By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online
- Others
Global CBD Food and Beverage Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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