PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1266591
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1266591
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.
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.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable