Global Cannabigerol (CBG) Gu*mmies Market 2024 - By End-User Analysis, Competitive Landscape And Industry Overview 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Cannabigerol (CBG) gu*mmies Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $9.11 billion In 2028 At A CAGR Of 45.6% :

The cannabigerol (CBG) gu*mmies market size has grown exponentially in recent years. It will grow from $1.40 billion in 2023 to $2.03 billion in 2024 at a compound annual growth rate (CAGR) of 45.4%. The growth in the historic period can be attributed to the legalization of can*nabis, consumer awareness, product innovation, and distribution channels.

The cannabigerol (CBG) gu*mmies market size is expected to see exponential growth in the next few years. It will grow to $9.11 billion in 2028 at a compound annual growth rate (CAGR) of 45.6%. The growth in the forecast period can be attributed to the regulatory environment, health and wellness trends, market competition, and research and development. Major trends in the forecast period include customization and personalization, premiumization, transparency and traceability, and diversification of distribution channels.

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Cannabigerol (CBG) gu*mmies Market Major Segments
The cannabigerol (CBG) gu*mmies market covered in this report is segmented -

1) By Category: Cann*abidiol (C*BD) Edibles, Cannabigerol (CBG) And Cannabinol (CBN)
2) By Flavour: Raspberry Juice, Strawberry Juice, Cherry Juice, Strawberry Puree, Raspberry Powder, Other Flavours
3) By Form: Hard Candy, Soft Candy

Key Driver - Rising Prevalence Of Anxiety Fuels Cannabigerol (CBG) gu*mmies Market

The increased prevalence of anxiety is expected to propel the growth of the cannabigerol (CBG) gu*mmies market. Anxiety is a psychological condition characterized by excessive worry, fear, and nervousness, often accompanied by physical symptoms such as palpitations and sweating. The prevalence of anxiety is increasing due to stress, trauma, genetics, and environmental influences. Cannabigerol (CBG) gu*mmies are purportedly used for anxiety due to CBG's potential to interact with the endocan*nabinoid system, influencing neurotransmitter activity and potentially promoting relaxation and stress relief. For instance, in February 2024, according to the Australian Institute of Health and Welfare, an Australia-based government agency, among Australian adults aged 16 to 85, an estimated 2,261,100 males (23% of the population) and 3,429,300 females (34% of the population) have experienced any anxiety disorder at some point in their lives. Therefore, the increased prevalence of anxiety is expected to propel the growth of the cannabigerol (CBG) gu*mmies market.

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Prominent Trend - Meeting Wellness Demands With Innovative Cann*abinoid gu*mmies

Major companies operating in the cannabigerol (CBG) gu*mmies market are developing innovative products, such as gu*mmies with natural ingredients, to cater to the growing demand for wellness-focused cann*abinoid products. gu*mmies with natural ingredients are products made using organic and plant-based components, ensuring a wholesome and pure consumption experience. For instance, in November 2023, Rare Cann*abinoid Company, a health and wellness company, launched TH*C + CBG Relief gu*mmies, a unique blend of Delta-9-TH*C, CBG, and C*BD designed to support physical well-being naturally. These gu*mmies combine the best T*HC gu*mmies and CBG gu*mmies, complemented by the benefits of C*BD. Each delicious green apple-flavored gummy contains 2.5mg of Delta-9-TH*C, 30mg of CBG, and 10mg of C*BD. With 30 gu*mmies per bottle, it offers a convenient and enjoyable way to explore the potential benefits of these canna*binoids.

Cannabigerol (CBG) gu*mmies Market Players
Major companies operating in the cannabigerol (CBG) gu*mmies market are Curaleaf Holding Inc., The Cronos Group, Charlotte's Web Holdings Inc., Hemptown USA Inc., Green Roads LLC, Lazarus Naturals Inc., Medterra C*BD LLC, ENDOCA, Extract Labs, NuLeaf Naturals LLC, Isodiol International Inc., C*BDistillery, Elixinol Wellness Ltd., Joy Organics, C*BD American Shaman, Steves Goods, Incredibles Edibles, Vida Optima LLC, CannaCare Health GmbH, FAB Nutrition LLC (dba FAB C*BD), Demetrix Inc., Rare Cannabinod Company, Sunday Scaries, CanniLabs

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Largest And Fastest Growing Region In The Market
North America was the largest region in the cannabigerol (CBG) gu*mmies market in 2023. The regions covered in the cannabigerol (CBG) gu*mmies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cannabigerol (CBG) gu*mmies Market Report Structure
3. Cannabigerol (CBG) gu*mmies Market Trends And Strategies
4. Cannabigerol (CBG) gu*mmies Market - Macro Economic Scenario
5. Cannabigerol (CBG) gu*mmies Market Size And Growth
…..
27. Cannabigerol (CBG) gu*mmies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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