The CBD Water Market is expected to reach USD 6.49 billion by 2030, registering a CAGR of 10.10% over the forecast period. Cannabidiol (CBD), a naturally occurring chemical, is produced by cannabis plants. It is a 21-carbon terpenophenolic molecule after decarboxylation from a precursor of cannabidiolic acid. CBD is a chemical compound found in the cannabis plant. THC does not result in the high that is associated with marijuana or THC. CBD water, a beverage that has been combined with CBD particles, is one of the most recent additions to CBD products, which also include oils, capsules, and gummies among others.
The CBD Water Market – Growth Factor
The growing use of CBD-infused foods and beverages to relieve chronic pain, help lower anxiety, and reduce inflammation is one of the main factors fueling the rise of the CBD water industry. The market for CBD water is rising as a result of the increasing demand for CBD-infused products due to its potential medical advantages and consumers’ preference for natural, organic products over pharmaceuticals worldwide. The growing production of industrial hemp and the increased demand for cannabidiol (CBD) in the production of snacks and wellness products due to its therapeutic capabilities both have an impact on the market for CBD water. This development is also influenced by mergers and acquisitions among large businesses, a fresh consumer trend associated with the rise in social media influencers touting the benefits of the product, and the market for CBD water. Additionally, due to R&D efforts and the product’s international legalization throughout the projected period of 2021 to 2028, market participants in CBD water will have prosperous chances.
Get free Sample PDF of Report @ https://wemarketresearch.com/sample-request/cbd-water-market/625
The CBD Water Market – Market Trends
- One of the key factors boosting the industry is the use of CBD to treat a number of human diseases. Products containing CBD have a range of benefits, including resistance to Alzheimer’s, anti-inflammatory properties, and help with epilepsy and mental health problems.
- Cannabidiol is widely used since it helps with drug withdrawal and is highly suggested in cases of cancer.
- CBD-infused water is increasingly in demand from the health and wellness sector. increasing awareness of the potential health benefits of drinking water with CBD.
- The rising popularity of CBD as a natural treatment for several diseases the expanding functional beverage trend among consumers. The growing demand for premium CBD-infused waters
Top Key Players of Global CBD Water Market:
CBD Living
Quantum Pcr
Cannabidiol Life
CBD Fusion Water
Cannabinoid Creations
CBD Naturals
Cannanano
and others
The CBD Water Market – Segmentation
On the basis of type, the CBD Water Market is bifurcated into:
- Industrial hemp-derived
- Medical marijuana-derived
- Others
On the basis of application, the market is segmented into:
- Supermarket
- Online retail
- Offline retail
- Others
Market Segmented by Region:
North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Italy, Rest of Europe)
Asia-Pacific (China, Japan, Australia, Malaysia, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
Read Full Report with Chart & Graphs @ https://wemarketresearch.com/reports/cbd-water-market/625
Objectives of the Study:
- To provide with an exhaustive analysis on the CBD Water Market by Product, By Application, By End User and by Region.
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
- To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
