Global Cannabis Edibles Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Nature Coverage, By Type Coverage, By Sales Channel Coverage, By Geographic Coverage and By Company)
Published Date: Nov 2023 |
Format:
| No. of Pages: 190
The global cannabis edibles market is anticipated to witness a CAGR of more than 13% from 2023 to 2030, reaching a valuation of more than US$27 billion, fueled by increasing legalisation, changing consumer preferences, and expanding product variety.
Evolving regulatory landscapes, with more regions legalizing cannabis, are driving market expansion, creating new opportunities for businesses to enter and innovate within the cannabis edibles sector.
Consumer preferences are shifting towards healthier and gourmet options, driving demand for infused beverages, premium chocolates, and diverse, sophisticated cannabis-infused edibles, influencing product development and marketing strategies.
Companies are investing in rigorous quality control measures, standardised dosing, and transparent labeling to build consumer trust, comply with regulations, and ensure the safety and consistency of cannabis-infused edible products.
Some of the industry leaders include brands like CV Sciences, Medical Marijuana Inc, Tisodiol International, Elixinol Global Ltd., MGC Pharmaceuticals Ltd., Cronos Group Inc., Charlottes Web Holdings Inc, Green Thumbs Industries Inc., and Zoetic International PLC.
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