Global Cannabigerol (CBG) Gummies Market
Food And Beverages

Insights Into The Cannabigerol (CBG) Gummies Market’s Growth Potential 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The cannabigerol (CBG) gummies 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 cannabis, consumer awareness, product innovation, and distribution channels. The cannabigerol (CBG) gummies 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.

The increased prevalence of anxiety is expected to propel the growth of the cannabigerol (CBG) gummies 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) gummies are purportedly used for anxiety due to CBG’s potential to interact with the endocannabinoid 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) gummies market.

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What Are The Key Trends That Influence Cannabigerol (CBG) Gummies Share Analysis?

Companies in the cannabigerol (CBG) gummies market are developing innovative products, such as gummies made from natural ingredients, to meet the increasing demand for wellness-oriented cannabinoid products. Gummies with natural ingredients are crafted from organic and plant-based components, ensuring a pure consumption experience. For instance, in November 2023, Rare Cannabinoid Company, a health and wellness firm, launched THC + CBG Relief Gummies, featuring a blend of Delta-9-THC, CBG, and CBD designed to support natural physical well-being. These gummies combine THC and CBG benefits with CBD, providing a green apple-flavored option with 2.5mg of Delta-9-THC, 30mg of CBG, and 10mg of CBD per gummy, in a bottle of 30.

Which Market Players Are Driving Growth In The Cannabigerol (CBG) Gummies Market?

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

How Is The Global Cannabigerol (CBG) Gummies Market Segmented?

1) By Category: Cannabidiol (CBD) Edibles; Cannabigerol (CBG) And Cannabinol (CBN)
2) By Flavor: Raspberry Juice; Strawberry Juice; Cherry Juice; Strawberry Puree; Raspberry Powder; Other Flavors
3) By Form: Hard Candy; Soft Candy

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The Cannabigerol (CBG) Gummies Global Market Report 2024 provides an overview of the cannabigerol (CBG) gummiesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cannabigerol (CBG) gummies market forecast analyzes cannabigerol (CBG) gummies market size, cannabigerol (CBG) gummies market share, leading competitor and their market positions.

The Table Of Content For The Cannabigerol (CBG) Gummies Market Include

1. Cannabigerol (CBG) Gummies Market Executive Summary
2. Cannabigerol (CBG) Gummies Market Segments
3. Cannabigerol (CBG) Gummies Market Size And Template Market Growth Rate
4.  Key Cannabigerol (CBG) Gummies Market Trends
5. Major Cannabigerol (CBG) Gummies Market Drivers
……
25. Key Mergers And Acquisitions In The Cannabigerol (CBG) Gummies Market
26. Top Cannabigerol (CBG) Gummies Companies
27. Cannabigerol (CBG) Gummies Market Opportunities And Strategies
28. Cannabigerol (CBG) Gummies Market, Conclusions And Recommendations
29. Appendix

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