North America CBD Gummies Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Category (Sugar-Free and Conventional) and Distribution Channel (Specialty Stores, Online Retail, and Others)
The North America CBD gummies market is expected to grow from US$ 1,984.1 million in 2021 to US$ 11,147.9 million by 2028; it is estimated to grow at a CAGR of 28.0% from 2021 to 2028.
The popularity of CBD is increasing rapidly, especially among the young population. As per the 2019 Gallup Poll, 14% of the US consumers surveyed used CBD products, and 64% were aware of CBD. The report also stated that American citizens aged 18-28 are most familiar with CBD products. CBD has multiple benefits and is available in various forms. CBD gummies are infused with CBD oil, which helps relieve stress, anxiety, and pain and improves sleep. They can treat chronic pain by reducing inflammation due to the anti-inflammatory properties of CBD oil. CBD gummies resemble conventional gummies in appearance and flavor, making them an attractive alternative to other CBD products, such as CBD oils, with an overpowering plant flavor. CBD gummies are one of the most easily available CBD products. Furthermore, they are pre-dosed, which eliminates the need for users to measure CBD content while consuming CBD gummies. All these factors are driving their popularity among the majority of the consumers across North America. Thus, the rising awareness about the health benefits of CBD products is expected to boost the growth of the North America CBD gummies market during the forecast period.
With these new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the CBD gummies market at a substantial CAGR during the forecast period.
North America CBD Gummies Market Revenue and Forecast to 2028 (US$ Million)
North America CBD Gummies Market Segmentation
North America CBD Gummies Market, by Category
Conventional Sugar-Free North America CBD Gummies Market, by Distribution Channel
Specialty Stores Online Retail Others North America CBD Gummies Market, by Country
The US Canada Mexico
North America CBD Gummies Market — Companies Mentioned
Dixie Brands Aurora Cannabis Inc. Canopy Growth Corporation Sunday Scaries. Diamond CBD CBD American Shaman CV Sciences, Inc. Medix CBD CBDFX ELIXINOL
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America CBD gummies market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America CBD gummies market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection
- 3.2.2 Primary Interviews
- 3.2.3 Hypothesis Formulation
- 3.2.4 Macro-economic Factor Analysis
- 3.2.5 Developing Base Number
- 3.2.6 Data Triangulation
- 3.2.7 Country Level Data
- 3.2.8 Assumptions and Limitations
- 4. North America CBD Gummies Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Value Chain Analysis
- 4.3.1 Raw Material
- 4.3.2 Manufacturing/Processing
- 4.3.3 Packaging
- 4.4 Expert Opinion
- 5. CBD Gummies Market — Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Awareness Regarding Health Benefits of CBD
- 5.1.2 Rising Adoption Among Athletes and Sportspersons
- 5.2 Market Restraints
- 5.2.1 Stringent Regulations Regarding Production and Consumption of CBD
- 5.3 Market Opportunities
- 5.3.1 Product Innovations
- 5.4 Future Trends
- 5.4.1 Surging Influence of Social Media and Celebrities
- 5.5 Impact Analysis of Drivers and Restraint
- 6. CBD Gummies - North America Market Analysis
- 6.1 CBD Gummies Market Overview
- 6.2 CBD Gummies Market -Revenue and Forecast to 2028
- 6.3 Competitive Positioning - Key Market Players
- 7. CBD Gummies Market Analysis - By Category
- 7.1 Overview
- 7.2 CBD Gummies Market, By Category (2020 and 2028)
- 7.3 Sugar-free
- 7.3.1 Overview
- 7.3.2 Sugar-Free: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Mn)
- 7.4 Conventional
- 7.4.1 Overview
- 7.4.2 Conventional: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Mn)
- 8. CBD Gummies Market Analysis - By Distribution Channel
- 8.1 Overview
- 8.2 CBD Gummies Market, By Distribution Channel (2020 and 2028)
- 8.3 Specialty Stores
- 8.3.1 Overview
- 8.3.2 Specialty Stores: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Mn)
- 8.4 Online retail
- 8.4.1 Overview
- 8.4.2 Online Retail: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Mn)
- 8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Mn)
- 9. CBD Gummies Market - Geographic Analysis
- 9.1 North America: CBD Gummies Market
- 9.1.1 North America: CBD Gummies Market -Revenue and Forecast to 2028 (US$ Million)
- 9.1.2 North America: CBD Gummies Market, By Category
- 9.1.3 North America: CBD Gummies Market, by Distribution Channel
- 9.1.4 North America: CBD Gummies Market, by Key Country
- 9.1.4.1 US: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- 9.1.4.1.1 US: CBD Gummies Market, By Category
- 9.1.4.1.2 US: CBD Gummies Market, by Distribution Channel
- 9.1.4.2 Canada: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- 9.1.4.2.1 Canada: CBD Gummies Market, By Category
- 9.1.4.2.2 Canada: CBD Gummies Market, by Distribution Channel
- 9.1.4.3 Mexico: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- 9.1.4.3.1 Mexico: CBD Gummies Market, By Category
- 9.1.4.3.2 Mexico: CBD Gummies Market, by Distribution Channel
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Product Development
- 11. Company Profiles
- 11.1 Dixie Brands
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Aurora Cannabis Inc.
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Canopy Growth Corporation
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Sunday Scaries.
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Diamond CBD
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 CBD American Shaman
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 CV Sciences, Inc.
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Medix CBD
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 CBDFx
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 Elixinol
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary
- List of Tables
- Table 1. North America CBD Gummies Market, by Category - Revenue and Forecast to 2028 (US$ Million)
- Table 2. North America CBD Gummies Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
- Table 3. North America CBD Gummies Market, By Category - Revenue and Forecast to 2028 (US$ Million)
- Table 4. North America CBD Gummies Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
- Table 5. US CBD Gummies Market, Category - Revenue and Forecast to 2028 (US$ Million)
- Table 6. US CBD Gummies Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Canada CBD Gummies Market, By Category - Revenue and Forecast to 2028 (US$ Million)
- Table 8. Canada CBD Gummies Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Mexico CBD Gummies Market, By Category - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Mexico CBD Gummies Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
- Table 11. Glossary of Terms, North America CBD Gummies Market
- List of Figures
- Figure 1. North America CBD Gummies Market Segmentation
- Figure 2. North America CBD Gummies Market Overview
- Figure 3. CBD Gummies Market, By Category
- Figure 4. CBD Gummies Market, By Geography
- Figure 5. North America CBD Gummies Market, Industry Landscape
- Figure 6. Porter's Five Forces Analysis
- Figure 7. Value Chain: CBD Gummies
- Figure 8. Expert Opinion
- Figure 9. CBD Gummies Market Impact Analysis of Drivers and Restraints
- Figure 10. Geographic Overview of CBD Gummies Market
- Figure 11. North America: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 12. CBD Gummies Market Revenue Share, By Category (2020 and 2028)
- Figure 13. Sugar-free: CBD Gummies Market - Revenue and Forecast To 2028 (US$ Mn)
- Figure 14. Conventional: CBD Gummies Market - Revenue and Forecast To 2028 (US$ Mn)
- Figure 15. CBD Gummies Market Revenue Share, By Distribution Channel (2020 and 2028)
- Figure 16. Specialty Stores: CBD Gummies Market - Revenue and Forecast To 2028 (US$ Mn)
- Figure 17. Online Retail: CBD Gummies Market - Revenue and Forecast To 2028 (US$ Mn)
- Figure 18. Others: CBD Gummies Market - Revenue and Forecast To 2028 (US$ Mn)
- Figure 19. North America: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. North America: CBD Gummies Market Revenue Share, By Category (2020 and 2028)
- Figure 21. North America: CBD Gummies Market Revenue Share, by Distribution Channel (2020 and 2028)
- Figure 22. North America: CBD Gummies Market Revenue Share, by Key Country (2020 and 2028)
- Figure 23. US: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Canada: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Mexico: CBD Gummies Market - Revenue and Forecast to 2028 (US$ Million)