Market Overview:
The global CBD snack bar market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for CBD-based snacks and bars due to their health benefits. The global CBD snack bar market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into vegetarian nutrition bars, sports nutrition bars, and others. Vegetarian nutrition bars are expected to dominate the global CBD snack bar market owing to their growing popularity among consumers as a healthier snacking option as compared to other types of snacks such as potato chips or candy bars. On the basis of application, store-based retailers are expected to account for a larger share of the global CBD snack bar market than e-retailers duringthe forecast period from 2018to 2030 owingto higher consumer adoption rates in this segment across regions such as North Americaand Europe .
Product Definition:
A CBD snack bar is a food item that contains CBD, a compound found in cannabis that has therapeutic properties. CBD snack bars are becoming increasingly popular as people learn about the benefits of CBD.
Vegetarian Nutrition Bars:
Vegetarian nutrition bars are gaining popularity among health-conscious consumers across the globe. These products have a high demand in countries such as U.S., Canada, Germany, and France due to growing awareness regarding healthy eating habits among the people of these countries.
These bars are considered as healthy snacks that help in maintaining body weight, reducing fatigue & anxiety and improving digestion power along with providing essential nutrients like vitamins & minerals to human body.
Sports Nutrition Bars:
Sports nutrition bars are gaining popularity among athletes and gym-goers owing to the easy way of consuming nutrients. These bars have a combination of vitamins, proteins, and other minerals that help in boosting energy levels during workout as well as post-workout. Moreover, these products contain omega 3 fatty acids which aid in reducing inflammation along with pain management.
Application Insights:
The store-based retail segment dominated the global market in 2017 and is expected to maintain its dominance over the forecast period. The segment accounted for more than 70% of the overall revenue share in 2017. The growth can be attributed to increasing demand for energy snacks, functional foods and beverages among sportspersons and gym professionals across various geographies.
CBD products have gained immense popularity as a natural alternative therapy owing to their therapeutic benefits against anxiety, pain, inflammation etc. Moreover, they are gaining popularity as an effective treatment method against Parkinson¢â‚¬â„¢s disease symptoms such as tremors and stiffness due to their high cannabidiol (CBD) content. These factors are anticipated to drive product demand globally over the forecast period1 ¢â‚¬Ëœ soon™!. ƒ©2016 Hemp Industries Association Inc.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of players and high demand for CBD products. The region is expected to maintain its dominance over the forecast period, with U.S. being its largest consumer and producer of hemp-derived cannabidiol products such as food & beverages, nutraceuticals, topicals and cosmetics among others. Increasing legalization across various states within U.S.
Asia Pacific is projected to be one of the fastest growing regions due to increasing awareness about hemp-derived CBD infused wellness snacks among customers from countries such as China Japan Australia Korea Thailand Philippines Hong Kong Singapore India Indonesia Malaysia etc.
Growth Factors:
- Increasing awareness about the health benefits of CBD snacks
- Growing demand for healthy and organic snacks
- Rising popularity of CBD-infused products among millennials
- Proliferation of online retail platforms that sell CBD snacks
- Growing number of cannabis dispensaries that offer CBD-infused snacks
Scope Of The Report
Report Attributes
Report Details
Report Title
CBD Snack Bar Market Research Report
By Type
Vegetarian Nutrition Bars, Sports Nutrition Bars, Others
By Application
Store-Based Retailers, E-Retailers
By Companies
SNAAC CBD, ZBD Health, Medical Marijuana, Shredibles (Indus Hldgs), Livity Foods, VELOBAR, Naturebox, Evo Hemp, CBD American Shaman, Premium Jane, Green Roads, Nooro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global CBD Snack Bar Market Report Segments:
The global CBD Snack Bar market is segmented on the basis of:
Types
Vegetarian Nutrition Bars, Sports Nutrition Bars, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Store-Based Retailers, E-Retailers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SNAAC CBD
- ZBD Health
- Medical Marijuana
- Shredibles (Indus Hldgs)
- Livity Foods
- VELOBAR
- Naturebox
- Evo Hemp
- CBD American Shaman
- Premium Jane
- Green Roads
- Nooro
Highlights of The CBD Snack Bar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vegetarian Nutrition Bars
- Sports Nutrition Bars
- Others
- By Application:
- Store-Based Retailers
- E-Retailers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CBD Snack Bar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CBD Snack Bar is a CBD-infused bar that provides a convenient way to consume CBD. The snack bar comes in two flavors, chocolate and vanilla, and contains 20 mg of CBD per piece.
Some of the key players operating in the cbd snack bar market are SNAAC CBD, ZBD Health, Medical Marijuana, Shredibles (Indus Hldgs), Livity Foods, VELOBAR, Naturebox, Evo Hemp, CBD American Shaman, Premium Jane, Green Roads, Nooro.
The cbd snack bar market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CBD Snack Bar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CBD Snack Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CBD Snack Bar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CBD Snack Bar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CBD Snack Bar Market Size & Forecast, 2018-2028
4.5.1 CBD Snack Bar Market Size and Y-o-Y Growth
4.5.2 CBD Snack Bar Market Absolute $ Opportunity
Chapter 5 Global CBD Snack Bar Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 CBD Snack Bar Market Size Forecast by Type
5.2.1 Vegetarian Nutrition Bars
5.2.2 Sports Nutrition Bars
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global CBD Snack Bar Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 CBD Snack Bar Market Size Forecast by Applications
6.2.1 Store-Based Retailers
6.2.2 E-Retailers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CBD Snack Bar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CBD Snack Bar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America CBD Snack Bar Analysis and Forecast
9.1 Introduction
9.2 North America CBD Snack Bar Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America CBD Snack Bar Market Size Forecast by Type
9.6.1 Vegetarian Nutrition Bars
9.6.2 Sports Nutrition Bars
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America CBD Snack Bar Market Size Forecast by Applications
9.10.1 Store-Based Retailers
9.10.2 E-Retailers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe CBD Snack Bar Analysis and Forecast
10.1 Introduction
10.2 Europe CBD Snack Bar Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe CBD Snack Bar Market Size Forecast by Type
10.6.1 Vegetarian Nutrition Bars
10.6.2 Sports Nutrition Bars
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe CBD Snack Bar Market Size Forecast by Applications
10.10.1 Store-Based Retailers
10.10.2 E-Retailers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific CBD Snack Bar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific CBD Snack Bar Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific CBD Snack Bar Market Size Forecast by Type
11.6.1 Vegetarian Nutrition Bars
11.6.2 Sports Nutrition Bars
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific CBD Snack Bar Market Size Forecast by Applications
11.10.1 Store-Based Retailers
11.10.2 E-Retailers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America CBD Snack Bar Analysis and Forecast
12.1 Introduction
12.2 Latin America CBD Snack Bar Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America CBD Snack Bar Market Size Forecast by Type
12.6.1 Vegetarian Nutrition Bars
12.6.2 Sports Nutrition Bars
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America CBD Snack Bar Market Size Forecast by Applications
12.10.1 Store-Based Retailers
12.10.2 E-Retailers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) CBD Snack Bar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) CBD Snack Bar Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) CBD Snack Bar Market Size Forecast by Type
13.6.1 Vegetarian Nutrition Bars
13.6.2 Sports Nutrition Bars
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) CBD Snack Bar Market Size Forecast by Applications
13.10.1 Store-Based Retailers
13.10.2 E-Retailers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CBD Snack Bar Market: Competitive Dashboard
14.2 Global CBD Snack Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SNAAC CBD
14.3.2 ZBD Health
14.3.3 Medical Marijuana
14.3.4 Shredibles (Indus Hldgs)
14.3.5 Livity Foods
14.3.6 VELOBAR
14.3.7 Naturebox
14.3.8 Evo Hemp
14.3.9 CBD American Shaman
14.3.10 Premium Jane
14.3.11 Green Roads
14.3.12 Nooro
