Cannabis Edibles Market – A Multi-Billion Dollar Market Identifying Hidden Gems
Global Cannabis Edibles Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.
Major Players in This Report Include,
Everest Cannabis (United States), Diamond Cannabis (United States), Bearly Legal Hemp (United States), Moonwlkr (United States), Plus Products Inc. (United States), Newt Brothers (United States), Sprig (United States), Dixie Brands Inc. (United States), Organigram Inc. (Canada), Tilray, Inc. (Canada).
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A cannabis edible, also known as a cannabis-infused food or simply an edible, is a food product that contains cannabis extract as an active ingredient. Cannabis edibles are gaining much popularity among cannabis enthusiasts due to their legalization and are a convenient and discreet options with the same effect. However, most of the cannabis edibles contain THC, it is widely used for recreational and medical purposes including relaxation, euphoria, increased appetite, anxiety, etc.
Market Drivers
·???????Increasing Awareness about Health Benefits of Cannabis Edibles Thereby Growing Consumption of Edibles Across the Globe
Market Trend
·???????Growth of New Cannabis Strains and Increasing Legalization of Cannabis Edibles in Various Countries
Opportunities
·???????Rise in Adoption of Cannabis Edibles by Healthcare Sector
Challenges
·???????Increasing Health Risks Due to Overconsumption of Cannabis Edibles
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In August 2021, Tilray, Inc. launched medical cannabis edibles in THC and CBD-rich varieties of chocolates and soft chew gummies. Tilray’s new medical cannabis edibles include two formulations of cannabis-infused chocolate bars, THC Milk Chocolate containing 10mg of THC and <1mg of CBD per package and CBD Dark Chocolate containing 1mg of THC and 20mg of CBD per package, as well as two formulations of medical cannabis soft chews available in Watermelon and Pineapple-Mango.
In April 2021, Organigram Inc., a leading manufacturer of cannabis announced the acquisition of The Edibles & Infusions Corporation to expand its continuum of product offerings and operational footprints. The acquisition will provide strong strategic synergies for Organigram’s vision of developing innovative and novel products to serve the Canadian market and beyond.
In this research study, the prime factors that are impelling the growth of the Global Cannabis Edibles market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Cannabis Edibles market study is being classified by Type (Hemp, Marijuana), Application (Food & Beverages, Pharmaceuticals, Others), Distribution Channel (Online, Offline), Flavor (Fruity, Chocolate, Mint)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Cannabis Edibles market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Extracts from Table of Contents
Cannabis Edibles Market Research Report
Chapter 1 Cannabis Edibles Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
This report also analyzes the regulatory framework of the Global Markets Cannabis Edibles Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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