Industry Background:
Cannabidiol (CBD) water is just one of numerous CBD products. It help lower blood pressure and improve overall cardiovascular health. Recently, it is widely available over the globe. The demand for Cannabidiol is increasing around the globe owing to their capacity to cure various ailments in the human body. Rising awareness about the health benefits of Cannabidiol is the major factors that are expected to drive the growth of the global Cannabidiol (CBD) water market.This growth is primarily driven by Growing Awareness Regarding Health Benefits of CBD Oil in European Countries and Increasing Millennial Population and Rising E-Commerce Industry.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Alkaline Water Company Inc. (United States), CannTrust Holdings (Canada), HEXO (Canada), Canopy Growth Corporation (Canada) and Tilray (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Increasing Legalization of Cannabis-Based Products
. Major Vendors, such as Alkaline Water Company Inc. (United States), CannTrust Holdings (Canada), HEXO (Canada), Canopy Growth Corporation (Canada) and Tilray (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2nd March 2021, Canopy Growth Corporation launch of Quatreau, a premium ready-to-drink CBD-infused sparkling water. Quatreau sparkling water contains 20 mg of premium, U.S. grown hemp-based CBD and one of four refreshing flavours.
Regulatory Insights:
FDA recognizes the potential opportunities that cannabis or cannabis-derived compounds may offer and acknowledges the significant interest in these possibilities. However, FDA is aware that some companies are marketing products containing cannabis and cannabis-derived compounds in ways that violate the Federal Food, Drug and Cosmetic Act (FD&C Act) and that may put the health and safety of consumers at risk.
Market Drivers
- Growing Awareness Regarding Health Benefits of CBD Oil in European Countries
- Increasing Millennial Population and Rising E-Commerce Industry
Market Trend
- Increasing Legalization of Cannabis-Based Products
- Growing Production of Snacks and Wellness Products
Restraints
- Availability of Low Yield
- Allergy Related Risks with the Cannabidiol (CBD) Water
Opportunities
Various Multinational Companies Investing in Cannabis Products
Challenges
Strict Government Regulations in Various European Countries
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cannabidiol (CBD) Water Study Sheds Light on
The Cannabidiol (CBD) Water Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cannabidiol (CBD) Water industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cannabidiol (CBD) Water industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.