Cannabigerol (CBG) Gummie*s Global Market Report 2024 by The Business Research Company | Curaleaf Holding Inc., The Cronos Group, Charlotte's Web Holdings Inc., Hemptown USA Inc., Green Roads LLC, Lazarus Naturals Inc., Medterra CB*D LLC, ENDOCA, Extract

The cannabigerol (CBG) gummie*s 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 cannabi*s, consumer awareness, product innovation, and distribution channels.

The cannabigerol (CBG) gummie*s 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) Gummie*s Market Major Segments
The cannabigerol (CBG) gummie*s market covered in this report is segmented -

1) By Category: Cannabidio*l (CB*D) 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) Gummie*s Market

The increased prevalence of anxiety is expected to propel the growth of the cannabigerol (CBG) gummie*s 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) gummie*s are purportedly used for anxiety due to CBG's potential to interact with the endocannabinoi*d 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) gummie*s market.

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Prominent Trend - Meeting Wellness Demands With Innovative Cannabinoi*d Gummie*s

Major companies operating in the cannabigerol (CBG) gummie*s market are developing innovative products, such as gummie*s with natural ingredients, to cater to the growing demand for wellness-focused cannabinoi*d products. Gummie*s 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 Cannabinoi*d Company, a health and wellness company, launched TH*C + CBG Relief Gummie*s, a unique blend of Delta-9-TH*C, CBG, and CB*D designed to support physical well-being naturally. These gummie*s combine the best TH*C Gummie*s and CBG Gummie*s, complemented by the benefits of CB*D. Each delicious green apple-flavored gummy contains 2.5mg of Delta-9-TH*C, 30mg of CBG, and 10mg of CB*D. With 30 gummie*s per bottle, it offers a convenient and enjoyable way to explore the potential benefits of these cannabinoi*ds.

Cannabigerol (CBG) Gummie*s Market Players
Major companies operating in the cannabigerol (CBG) gummie*s market are Curaleaf Holding Inc., The Cronos Group, Charlotte's Web Holdings Inc., Hemptown USA Inc., Green Roads LLC, Lazarus Naturals Inc., Medterra CB*D LLC, ENDOCA, Extract Labs, NuLeaf Naturals LLC, Isodiol International Inc., CB*Distillery, Elixinol Wellness Ltd., Joy Organics, CB*D American Shaman, Steves Goods, Incredibles Edibles, Vida Optima LLC, CannaCare Health GmbH, FAB Nutrition LLC (dba FAB CB*D), 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) gummie*s market in 2023. The regions covered in the cannabigerol (CBG) gummie*s 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) Gummie*s Market Report Structure
3. Cannabigerol (CBG) Gummie*s Market Trends And Strategies
4. Cannabigerol (CBG) Gummie*s Market - Macro Economic Scenario
5. Cannabigerol (CBG) Gummie*s Market Size And Growth
…..
27. Cannabigerol (CBG) Gummie*s Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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