Cannabidiol (CBD) Nutraceuticals Global Demand to Touch $29 billion by 2030

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A new report from Industry Experts Inc, on "Cannabidiol (CBD) Nutraceuticals", is published. According to this global market research report, the global market for Cannabidiol (CBD) Nutraceuticals is anticipated to post a CAGR of 20% during the 2024-2030 analysis period and reach a projected US$29.1 billion by 2030 from an estimated US$9.7 billion in 2024.

Worldwide, the market for CBD Nutraceuticals is poised to record an above-average growth over the analysis period, the crucial reasons for which are Increase in demand for plant-based foods, growing awareness concerning benefits of CBD nutraceuticals, innovative products in the pipeline and CBD nutraceuticals in capsule & softgel forms undergoing further advancements.

CBD Nutraceuticals are procurable using Offline and Online distribution channels, among which the former corners the larger share and is also expected maintain a faster growth over the analysis period. Offline channels of distribution comprise supermarkets, specialty retail stores and pharmacies. The focus of specialty retail stores is to provide the product(s) they have been established for, such as CBD Nutraceuticals in this case.

The market for CBD Nutraceuticals is analyzed in this report on a global basis and the key regions covered include North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Rest of World.

CBD Nutraceuticals global market analyzed in this report with respect to Product – Isolates, Oils and Wax; and Form – Capsules & Softgels, Gummies, Protein, Tinctures and Other Forms.

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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