Tag: global
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Global Hemp-Based Foods Market To Reach $8.36 Billion By 2028 Per Report
The global hemp-based foods market is projected to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report, “Hemp Based Foods Global Market Report 2024”. “The hemp based foods market size has grown strongly in recent years. It will grow from $5.45 billion in 2023 to $5.94 billion in 2024 at…
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Global CBD Industry Estimated To Be Worth $36.6 Billion By 2033
The global cannabidiol (CBD) market was worth an estimated $7.6 billion in 2023 according to a market analysis by Market.us, and will climb to a projected $36.6 in value by 2033. “Between 2023 and 2032, this market is estimated to register the highest CAGR of 27%.” the researchers stated. “Because of its therapeutic benefits, there…
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Global CBD Nutraceuticals Market Projected To Reach $16.9 Billion By 2032
The CBD nutraceuticals market was valued at $3.8 billion in 2022 according to a market analysis by DataHorizzon Research, and is anticipated to grow to $16.9 billion by 2032 at a CAGR of 16.3%. “The CBD nutraceuticals market is thriving due to the increasing awareness of the potential health benefits associated with CBD products. The…
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Cannabis Capsule Market Projected To Reach $79.2 Billion By 2028
Just because a cannabis product involves a capsuled delivery method does not necessary equate to it being a pharmaceutical product, just as every cannabis pharmaceutical product doesn’t automatically involve capsules. Cannabis pharmaceutical products can come in oral sprays and liquids. However, there is clearly a lot of overlap between the cannabis capsule and pharmaceutical sectors,…
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Cannabis Edibles Market Projected To Reach $27.2 Billion By 2030
The global cannabis edibles market is projected to reach $27.2 billion by 2030 according to a market analysis by Fairfield Market Research. For comparison purposes, the same researchers estimated that the global cannabis edibles market was worth $9.6 billion in 2022. “This robust growth will be driven by a multitude of factors, including shifting consumer…
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How Big Will The Global Cannabis Pharmaceutical Sector Be Worth By 2027?
The cannabis plant provides a number of wellness benefits to suffering patients. Medical cannabis can be consumed via various delivery methods, from pre-rolled joints and topical rubs to vaporizer devices. A consumption method that has grown in popularity among patients in recent years is cannabis pharmaceuticals. Cannabis pharmaceuticals are popular with many patients because they…
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Global Cannabis Market Projected To Reach $496 Billion By 2025
The global cannabis industry is far from being a new thing, although a vast majority of the world’s cannabis market remains unregulated. According to an analysis by New Frontier Data, cannabis consumers around the globe “spent an estimated $415 billion on high-THC cannabis in 2020” and that figure is expected to increase to $496 billion…
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Global Hemp Milk Market Projected To Reach $812 Million By 2032
Global demand for milk is enormous. According to Market Data Forecast, “the global milk market is expected to be worth USD 1,047.80 billion in 2024. It is expected to grow at CAGR of 8.2% during the forecast period and reach a value of USD 1,553.87 billion by 2029.” Dairy milk continues to dominate the global…
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Global Cannabis Concentrate Market Projected To Cross $2.4 Billion By 2030
Cannabis concentrates have grown in popularity in recent decades among consumers and patients. That rise in popularity is paralleled by a rise in supply by cannabis concentrate creators, and the types of cannabis concentrates that consumers and patients have to choose from continues to expand. Concentrated forms of cannabis is not a new thing. Hashish…
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Global Industrial Hemp Market Estimated To Grow By $6.87 Billion From 2023 To 2027
The global industrial hemp market is set to increase in size by a considerable amount in the coming years according to a new projection from Technavio. Technavio is a global technology research and advisory company that “focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies…