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