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Business Fortune
17 April, 2025
According to a recent industry study, the market for goods infused with CBD may reach $291 billion by 2032, including increased items based on snacks and confections.
According to the Meticulous Research report, the global market is now growing at a noteworthy 30% CAGR as manufacturers look for new product prospects and more governments and authorities worldwide approve its use.
However, as the study team noted, the market for CBD-infused goods is expanding rapidly due to a number of factors, including rising consumer demand for cannabis products, the expansion of legalization in different jurisdictions, and the rising desire for edibles infused with cannabis. However, legislative limitations in some nations and the high manufacturing costs of cannabidiol (CBD) are obstacles to commercial development.
The growing market for cannabis-infused drinks and the growing demand for cannabis in pet food items are two developing markets with substantial development potential, according to the research. Although CBD-based products are starting to appear in a variety of categories, its investigation revealed that edibles, such as candies and snacks, have the most promise in this market.
Notably, hemp is anticipated to have the largest CAGR of 32.7% over the forecast period and account for 76.3% of the market for CBD-infused products overall in 2025. This dominance is ascribed to hemp's anti-inflammatory, anti-aging, and antioxidant qualities, as well as its decreased THC content, less euphoric effects, and appropriateness for medical uses.
With a 59.5% market share in 2025, America is predicted to lead the worldwide market for CBD-infused goods, with the greatest compound annual growth rate (CAGR) of 34.3% through 2032. Growing health and wellness trends, more R&D spending, more corporate funding, manufacturing and processing technology developments, and the growth of online retail channels all contribute to this regional leadership.