North America CBD Gummies Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Category (Sugar-Free and Conventional) and Distribution Channel (Specialty Stores, Online Retail, and Others)
The North America CBD gummies market is expected to grow from US$ 1,984.1 million in 2021 to US$ 11,147.9 million by 2028; it is estimated to grow at a CAGR of 28.0% from 2021 to 2028.
The popularity of CBD is increasing rapidly, especially among the young population. As per the 2019 Gallup Poll, 14% of the US consumers surveyed used CBD products, and 64% were aware of CBD. The report also stated that American citizens aged 18-28 are most familiar with CBD products. CBD has multiple benefits and is available in various forms. CBD gummies are infused with CBD oil, which helps relieve stress, anxiety, and pain and improves sleep. They can treat chronic pain by reducing inflammation due to the anti-inflammatory properties of CBD oil. CBD gummies resemble conventional gummies in appearance and flavor, making them an attractive alternative to other CBD products, such as CBD oils, with an overpowering plant flavor. CBD gummies are one of the most easily available CBD products. Furthermore, they are pre-dosed, which eliminates the need for users to measure CBD content while consuming CBD gummies. All these factors are driving their popularity among the majority of the consumers across North America. Thus, the rising awareness about the health benefits of CBD products is expected to boost the growth of the North America CBD gummies market during the forecast period.
With these new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the CBD gummies market at a substantial CAGR during the forecast period.
North America CBD Gummies Market Revenue and Forecast to 2028 (US$ Million)
North America CBD Gummies Market Segmentation
North America CBD Gummies Market, by Category
Conventional Sugar-Free North America CBD Gummies Market, by Distribution Channel
Specialty Stores Online Retail Others North America CBD Gummies Market, by Country
The US Canada Mexico
North America CBD Gummies Market — Companies Mentioned
Dixie Brands Aurora Cannabis Inc. Canopy Growth Corporation Sunday Scaries. Diamond CBD CBD American Shaman CV Sciences, Inc. Medix CBD CBDFX ELIXINOL
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