Global CBD Pouches Market Size, Share, Growth Analysis, By Type(Dry pouches, wet pouches), By Flavours(Mint, wintergreen), By Distribution channel(Online, offline), By Biomarker(PD-L1, BRCA)

Description

Global CBD Pouches Market size was valued at USD 112.6 million in 2021 and is poised to grow from USD 133.43 million in 2022 to USD 518.8 million by 2030, growing at a CAGR of 18.5% in the forecast period (2023-2030).

CBD pouches have emerged as a highly convenient and discreet option, offering distinct advantages to consumers. These compact and portable products can be used inconspicuously in various settings, allowing individuals to enjoy the benefits of CBD without attracting unwanted attention. Notably, CBD pouches serve as a preferable alternative to smoking since they neither generate smoke nor necessitate additional paraphernalia. Consequently, they cater to the needs of individuals seeking to consume CBD while on the move or in public environments. The convenience and discreet nature of CBD pouches have played a pivotal role in driving market growth, as they present a more accessible and socially acceptable means of using CBD products. Top-down and bottom-up approaches were used to estimate and validate the size of CBD Pouches and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments Covered in this report

The global CBD pouches market is categorized into different segments based on product type, flavor, distribution channel, and region. In terms of product type, the market is divided into dry pouches, wet pouches, loose pouches, and others. Regarding flavor, the market is segmented into mint, wintergreen, citrus, berry, and others. When it comes to distribution channel, the market is classified into online, offline, and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. This segmentation allows for a comprehensive understanding of the CBD pouches market, facilitating targeted analysis and strategic decision-making.

Driver

Increasing Consumer Interest is Boosting the CBD Pouches Market

As consumers become more aware of the potential health benefits associated with CBD, the demand for products containing this compound is on the rise. This driver of market has resulted in the development of a wide range of CBD products, including CBD pouches. As CBD is believed to have potential therapeutic effects such as pain relief, reducing anxiety and depression, and improving sleep quality, consumers are increasingly seeking out new ways to incorporate CBD into their daily routines. Additionally, CBD pouches offer a discreet and convenient way to consume CBD, making them an attractive option for those who want to use CBD while on-the-go. These factors are expected to be key drivers of growth in the CBD pouch market.

Restraint

Regulatory Challenges to Hinder Market Growth

One of the primary obstacles faced by the CBD pouch market relates to regulatory hurdles associated with the usage and distribution of CBD products. The regulatory landscape surrounding CBD is often intricate and subject to ongoing changes. Certain countries impose strict regulations or outright bans on CBD usage, resulting in significant limitations on the distribution and accessibility of CBD pouches. Consequently, companies involved in the production or sale of CBD pouches may encounter challenges in adhering to diverse regulations and securing essential licenses or permits for operating within specific markets. Moreover, the absence of well-defined guidelines and regulations pertaining to the manufacturing and labelling of CBD products contributes to uncertainty and acts as an impediment to market expansion.

Product Code: SQMIG30J2020

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global CBD Pouches Market by Type

Market Overview
Dry pouches
wet pouches
loose pouches
and others

Global CBD Pouches Market by Flavours

Market Overview
Mint
wintergreen
citrus
berry
and others

Global CBD Pouches Market by Distribution channel

Market Overview
Online
offline
and others

Global CBD Pouches Market by Biomarker

Market Overview
PD-L1
BRCA
KRAS
EGFR
and others

Global CBD Pouches Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Canopy Growth Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Aurora Cannabis
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tilray
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Charlotte's Web Holdings
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Medterra
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ignite International Brands
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CBDistillery
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
PureKana
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Green Roads
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Extract Labs
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bluebird Botanicals
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Joy Organics
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Social CBD
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Savage CBD
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Koi CBD
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Select CBD
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Funky Farms
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HempleBox
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Neurogan
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hemp Bombs.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global CBD Pouches Market Size, Share, Growth Analysis, By Type(Dry pouches, wet pouches), By Flavours(Mint, wintergreen), By Distribution channel(Online, offline), By Biomarker(PD-L1, BRCA) - Industry Forecast 2023-2030