Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 22.14 Billion | USD 101.37 Billion | 16.43% | 2024 |
FrequentlyAsked Questions
Cannabidiol has grown in popularity in nutritional supplements due to its potential health advantages and non-narcotic properties.
The global CBD consumer health market is expected to grow due to increasing legalization, consumer interest in natural wellness products, and rising demand for stress and pain relief solutions.
According to a study, the global CBD consumer health market size was worth around USD 22.14 Billion in 2024 and is expected to reach USD 101.37 Billion by 2034.
The global CBD consumer health market is expected to grow at a CAGR of 16.43% during the forecast period.
North America is expected to dominate the CBD consumer health market over the forecast period.
Leading players in the global CBD consumer health market include Elixinol, ENDOCA, NuLeaf Naturals, Kazmira, Charlotte's Web, Joy Organics, The Cronos Group, Medical Marijuana Inc., CV Sciences, Isodiol International, among others.
The report explores crucial aspects of the CBD consumer health market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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