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Cannabis-infused Edible Products Market Review: Long-Term Opportunity Vs. Short-Term Challenges
Cannabis-infused Edible Products Market Latest Edition Published with Forecast to 2028- May 6, 2023
- Agricultural Products
The article cited AMA's Global Cannabis-infused Edible Products Market Study explored significant growth with CAGR of 27.62%. According to the report, Increasing Adoption in Treatment for Nausea, Loss of Appetite, Severe Pain, and Discomfort
is one of the primary growth factors for the market. These Edibles are Major Source of Vitamins, Minerals, and Fibers
is also expected to contribute significantly to the Cannabis-infused Edible Products market. Overall, applications of Cannabis-infused Edible Products, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMA’s Analyst on the Global Cannabis-infused Edible Products Market identified that the demand is rising in many different parts of the world due to "Escalated Demand for Edibles Since it is one of the Healthy Alternative to Smoking ". Furthermore, some recent industry insights like "According to the National Environmental Health Association, in 2015, 9.5% of adults and 23.7% of youth self-reported using cannabis at least once in the past year (Hasin et al., 2015). With the increased legalization of medicinal and recreational cannabis, the rates of adult and youth use across states are expected to increase. Additionally, while public perception and cultural trends continue to evolve, the range of cannabis-infused products, in the form of edibles, has seen tremendous growth. In 2014, Colorado sold over 1.96 million units of medicinal edibles and 2.85 million units of recreational edibles, representing 45% of their total sales." is constantly making the industry dynamic. One of the challenges that industry facing is "Stringent Government Regulations on the production of Cannabis Infusion and Increasing Instances of Mislabeling Edible Marijuana Products"
The Raw Material, such as Hemp CBD Oil, is boosting the Cannabis-infused Edible Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution, such as Offline Mode, is boosting the Cannabis-infused Edible Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Source, such as Inorganic, is boosting the Cannabis-infused Edible Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Cannabis-infused Edible Products market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market
Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cannabis-infused Edible Products market and other related sub-markets covered in the study.
o Key & emerging players in the Cannabis-infused Edible Products market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
The overall Cannabis-infused Edible Products market size is calculated using market estimation process, the Cannabis-infused Edible Products market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cannabis-infused Edible Products market size has been validated using both top-down and bottom-up approaches.
AMA’s Analyst on the Global Cannabis-infused Edible Products Market identified that the demand is rising in many different parts of the world due to "Escalated Demand for Edibles Since it is one of the Healthy Alternative to Smoking ". Furthermore, some recent industry insights like "According to the National Environmental Health Association, in 2015, 9.5% of adults and 23.7% of youth self-reported using cannabis at least once in the past year (Hasin et al., 2015). With the increased legalization of medicinal and recreational cannabis, the rates of adult and youth use across states are expected to increase. Additionally, while public perception and cultural trends continue to evolve, the range of cannabis-infused products, in the form of edibles, has seen tremendous growth. In 2014, Colorado sold over 1.96 million units of medicinal edibles and 2.85 million units of recreational edibles, representing 45% of their total sales." is constantly making the industry dynamic. One of the challenges that industry facing is "Stringent Government Regulations on the production of Cannabis Infusion and Increasing Instances of Mislabeling Edible Marijuana Products"
The Raw Material, such as Hemp CBD Oil, is boosting the Cannabis-infused Edible Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution, such as Offline Mode, is boosting the Cannabis-infused Edible Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Source, such as Inorganic, is boosting the Cannabis-infused Edible Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Cannabis-infused Edible Products market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market
Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cannabis-infused Edible Products market and other related sub-markets covered in the study.
o Key & emerging players in the Cannabis-infused Edible Products market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
The overall Cannabis-infused Edible Products market size is calculated using market estimation process, the Cannabis-infused Edible Products market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cannabis-infused Edible Products market size has been validated using both top-down and bottom-up approaches.
Craig Francis
PR & Marketing Manager