Cannabidiol (CBD) Infused Beverages Market CAGR of 15.50% during the forecast period

 Market Analysis and Size

The industry's interest in CBD-based products has skyrocketed as a result of the general public's efforts to legalise marijuana for medicinal and recreational purposes. As a result of their non-psychotropic effects, cannabidiol (CBD) infused beverages have gained popularity among consumers. The growing range of medicinal applications for cannabidiol (CBD), such as neurological disorders, psychiatric disorders, and cancer therapeutics, is a key driver of the cannabidiol (CBD) infused beverages market's evolution.

Data Bridge Market Research analyses that the cannabidiol (CBD) infused beverages market which was valued at USD 2.83 billion in 2021 and is expected to reach the value of USD 8.96 billion by 2029, at a CAGR of 15.50% during the forecast period of 2022-2029.

Market Definition

Cannabidiol (CBD) infused beverages containing cannabinoid drugs derived from the Cannabis Sativa plant. These medications are primarily classified as tetrahydrocannabinol (THC) and cannabidiol (CBD) (CBD). CBD-infused beverages are widely used to treat insomnia, inflammation, chronic pain, depression, anxiety, and hyperemesis, among other things.

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