Global Cbd-Enhanced Probiotic Supplements Market Size study & Forecast, by Product Type (Food & Beverage, Skincare Products, Medicines & Therapeutics), by Form (Oils, Capsules, Topical, Edibles), by Application (Digestive, Stress Relief, Immunity), by End

Global Cbd-Enhanced Probiotic Supplements Market Size study & Forecast, by Product Type (Food & Beverage, Skincare Products, Medicines & Therapeutics), by Form (Oils, Capsules, Topical, Edibles), by Application (Digestive, Stress Relief, Immunity), by End-Users (Men, Women), by Distribution Channel (Retail Pharmacies, E-commerce Websites, Medical Marijuana Dispensaries, Hospital Pharmacies) and Regional Analysis, 2022-2029

Global Cbd-Enhanced Probiotic Supplements Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Cbd-Enhanced Probiotic Supplements are healthcare supplements that are made in combination with CBD compounds found in marijuana. Cannabidiol (CBD), a component derived from either the hemp or marijuana plant, has numerous health benefits such as anti-inflammatory properties, pain relief, anxiety and depression reduction, cancer symptom treatment, and cognitive enhancement. CBD products derived from hemp or marijuana contain tetrahydrocannabinol (THC), a psychoactive substance responsible for the high. Hemp-derived CBD products have gained more traction than marijuana-derived CBD products because THC concentration in the former is only 0.3%, whereas it is 15%-40% in the latter. The lower THC concentration in hemp-derived products is the primary reason for its legalisation in many countries. The increasing demand for dietary supplements and growing awareness towards the medicinal benefits of CDB products are key factors driving the market growth.

Over the years the demand for dietary and healthcare supplements has significantly increased hence creating strong demand for Cbd-Enhanced Probiotic Supplements Market. For instance – as per Statista – in 2021, the global dietary supplement market was valued at USD 137 billion, and as per projection, the market is likely to grow to USD 185.1 billion by 2025. Also, rising number of health-conscious individuals and growing healthcare sector in developing economies would create lucrative growth opportunities for the market over the projected period. However, high cost of Cbd-Enhanced Probiotic Supplements as well as concern over side effects associated with CBD hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Cbd-Enhanced Probiotic Supplements Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the increasing number of health-conscious individuals in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of leading market players.

Major market players included in this report are:
Green garden Gold
CBD American Shaman
New Leaf Brands
Vibrant Health
Kövo Essentials
Garden of Life
MaxVera Wellness
CBD Healthcare Company
Fourfive Group Ltd
Health CBD LTD

Recent Developments in the Market:
In June 2021, US-based health and wellness supplement company Hemp Fusion Wellness announced an international expansion with the introduction of its probiotics and CBD products in China and the Middle East.

Global Cbd-Enhanced Probiotic Supplements Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Form, Application, End-Users, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product Type:
Food & Beverage
Skincare Products
Medicines & Therapeutics

By Form:
Oils
Capsules
Topical
Edibles

By Application:
Digestive
Stress Relief
Immunity

By End-Users:
Men
Women
By Distribution Channel:
Retail Pharmacies
E-commerce Websites
Medical Marijuana Dispensaries
Hospital Pharmacies

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Green garden Gold
CBD American Shaman
New Leaf Brands
Vibrant Health
Kövo Essentials
Garden of Life
MaxVera Wellness
CBD Healthcare Company
Fourfive Group Ltd
Health CBD LTD

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.