According to FACT.MR’ most recent analysis, the cannabis edibles market will experience robust expansion in 2021, with global revenues increasing by a significant revenue year on year. According to a new FACT.MR forecast, cannabis edibles revenue will nearly triple between 2021 and 2031. Rising demand for cannabis edibles from millennial and senior aged consumers for recreational and medical use drive the market growth.
Get a sample of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=6677
Cannabis Edibles Markets are Expanding Rapidly
Marijuana is becoming popular in many countries in different types. One of the key forms is cannabis edible is taking fast growth in the market. Due to the increased risk factors of smoking consumers shifting from smoking cannabis to edible. Because of its nature, wide range of people from millennials to senior citizens. This makes cannabis edibles are becoming a hot topic across the world.
Additionally, cannabis edibles are having several health benefits. Cannabis contains a chemical called tetrahydrocannabinol (THC). This chemical is used in the medical field to treat relaxation and anxiety relief. Therefore, cannabis edibles is used for anti-anxiety effects.
Request for customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=6677
US and Canada Cannabis Edibles Market
The United States and Canada is a key market for the cannabis edibles market. The exclusive acceptance of cannabis edibles across Canada and United States drive the North American cannabis edible market. Growing millennial consumer preference for smoking cannabis than edible to overcome the risk boost cannabis edibles market in the region.
Cannabis Edibles Market: key players
Some key manufacturers functioning the business in the cannabis edibles market are,
- cdbMD Inc.
- The supreme cannabis company Inc.
- Pure Extract Technologies Corp.
- VCC Brands
- Organigram Holding Inc.
- Bhang Corporation
- Kiva Confections
- Sundial Growers Inc.
Speak to our Research Expert: https://www.factmr.com/connectus/sample?flag=AE&rep_id=6677
Emulsifier Alternatives: Market Segmentation
-
Based on Nature, the global cannabis edibles can be segmented as:
- Conventional
- Organic
-
Based on Product Type, the global cannabis edibles can be segmented as:
- Cannabis-infused beverages
- Gummy Bears
- Cannabis Brownies
- Cotton candy or mints
-
Based on End Use, the global cannabis edibles can be segmented as:
- Medical Use
- Recreational Use
-
Based on Distribution Channel, the global cannabis edibles can be segmented as:
- B2B
- B2C
- Hyper market/ Super market
- Specialty stores
- Convenience stores
- Online retailing
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
