IMARC Group's report titled "CBD Food and Beverage Market Report by Source (Marijuana Derived, Hemp Derived, Synthetic), Product Type (Bakery Products, Chocolate, Cereal Bars, Candies, Beverages, Ice Cream, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online, and Others), and Region 2025-2033". The global CBD food and beverage market size reached USD 8.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 82.0 Billion by 2033, exhibiting a growth rate (CAGR) of 25.01% during 2025-2033.
Factors Affecting the Growth of the CBD Food and Beverage Industry:
As consumers are becoming more informed about CBD through various sources, including online resources, media coverage, and educational campaigns, they gain a better understanding of its potential benefits. The increasing consumer awareness about the potential health benefits of CBD, such as stress relief, pain management, and relaxation, generates interest and curiosity, driving demand for CBD-infused products. In addition, the availability of scientific research and medical endorsements provides consumers with credible information about therapeutic properties of CBD.
Consumers are prioritizing their well-being and they seek products that not only provide nourishment but also offer potential health benefits. CBD, derived from the cannabis plant, is associated with various potential health benefits, including stress reduction, pain management, and relaxation. This aligns with the broader wellness goals of many consumers. Health-conscious consumers often prefer natural and plant-based ingredients in their diet. CBD, sourced from hemp plants, fits into this preference for natural and minimally processed products.
Continuous innovations are leading to a wide range of CBD-infused food and beverage options, including gummies, beverages, chocolates, and even savory snacks. This diversity caters to different consumer preferences. Innovations in product formulation are addressing taste and texture issues commonly associated with CBD products, making them more enjoyable for consumers. CBD-infused products often offer customizable dosages, allowing consumers to adjust their CBD intake according to their needs and preferences.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/cbd-food-beverage-market/requestsample
Leading Companies Operating in the Global CBD Food and Beverage Industry: