Market Overview:
The global CBD snack market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for CBD snacks from various end-use applications, such as store-based retailers and e-retailers. Additionally, the growing awareness about the health benefits of CBD snacks is also contributing to the growth of this market. The global CBD snack market can be segmented on the basis of type into gummies and protein bars. The gummy segment is expected to account for a larger share in terms of revenue in this market during the forecast period, owing to their popularity among consumers.
Product Definition:
CBD Snack is a food product that has been enriched with cannabidiol (CBD), a naturally occurring cannabinoid found in cannabis. CBD Snacks are intended to provide users with the benefits of CBD without having to smoke or ingest marijuana.
Gummies:
Cannabidiol (CBD) has become increasingly popular as a natural ingredient in the food and beverage industry. It is a non-psychoactive component of the cannabis plant, which means that it does not create the "high" sensation typically associated with marijuana. CBD can be added to numerous products including chocolates, candies, gummies, coffee creamer, and even pet treats to deliver health benefits without intoxication.
Protein Bars:
Protein bars are a combination of carbohydrates and proteins. They are available in different forms such as brownies, cookies & cakes, wafers, etc. The most common form of protein bar is the protein powder mixed with cereals and other ingredients like chocolate chips or nuts to make it taste better.
Application Insights:
Based on application, the market has been segmented into store-based retailers and e-retailers. The store-based retail segment dominated the global CBD snack market in 2017, accounting for over 60% of the overall revenue share. This is attributed to growing consumer preference for purchasing goods from physical stores as opposed to online owing to various benefits offered by brick and mortar stores such as personal contact with product manufacturers, ability to try new products before buying them, and also being able to communicate directly with other consumers through in-store cafĩs or restaurants.
The e-retailer segment is expected witness significant growth over the forecast period owing to increasing demand among consumers globally for convenience shopping services that offer ease of access via mobile devices along with a wide range of product offerings at competitive prices within minutes of placing an order online.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of key manufacturers and exporters of hemp-derived CBD products. The region is expected to maintain its dominance over the forecast period, with a CAGR of XX% from 2018 to 2030. This growth can be attributed to rising awareness about hemp-derived CBD, increasing legalization for cannabis usage in U.S.
Asia Pacific is anticipated to witness significant growth over the forecast period owing snacking habits followed by consumers from emerging economies such as China and India which are majorly influenced by western culture like fashion trends & music & movies etc.
Growth Factors:
- Increasing awareness about the health benefits of CBD snacks.
- Growing demand for healthy and nutritious snacks.
- Rising popularity of CBD as a wellness ingredient.
- Proliferation of online retail platforms that sell CBD snacks.
- Growing number of artisanal producers offering unique CBD snack options
Scope Of The Report
Report Attributes
Report Details
Report Title
CBD Snack Market Research Report
By Type
Gummies, Protein Bars
By Application
Store-based Retailers, E-Retailers
By Companies
ZBD, LivityFoods LLC, VELOBAR, Naturebox, Weller, Evo Hemp, CBD American Shaman, Dixie Brands, Premium Jane, Pure Kana
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global CBD Snack Market Report Segments:
The global CBD Snack market is segmented on the basis of:
Types
Gummies, Protein Bars
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:
- ZBD
- LivityFoods LLC
- VELOBAR
- Naturebox
- Weller
- Evo Hemp
- CBD American Shaman
- Dixie Brands
- Premium Jane
- Pure Kana
Highlights of The CBD Snack 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:
- Gummies
- Protein Bars
- 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 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 is a food product that contains CBD, which is a natural constituent of hemp.
Some of the major companies in the cbd snack market are ZBD, LivityFoods LLC, VELOBAR, Naturebox, Weller, Evo Hemp, CBD American Shaman, Dixie Brands, Premium Jane, Pure Kana.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CBD Snack 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CBD Snack 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 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 Market Size & Forecast, 2020-2028
4.5.1 CBD Snack Market Size and Y-o-Y Growth
4.5.2 CBD Snack Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Gummies
5.2.2 Protein Bars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Gummies
9.6.2 Protein Bars
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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Gummies
10.6.2 Protein Bars
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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Gummies
11.6.2 Protein Bars
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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Gummies
12.6.2 Protein Bars
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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Gummies
13.6.2 Protein Bars
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) 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 Market: Competitive Dashboard
14.2 Global CBD Snack Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZBD
14.3.2 LivityFoods LLC
14.3.3 VELOBAR
14.3.4 Naturebox
14.3.5 Weller
14.3.6 Evo Hemp
14.3.7 CBD American Shaman
14.3.8 Dixie Brands
14.3.9 Premium Jane
14.3.10 Pure Kana
