2024 Cannabigerol (CBG) Gummies Market Overview: Key Insights on Size, Share, and Trends
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What is the Expected Growth Rate of the Cannabigerol (CBG) Gummies Market from 2024 to 2033?
The cannabigerol (CBG) gummies market has surged dramatically, forecasted to grow from $1.40 billion in 2023 to $2.03 billion in 2024 at a CAGR of 45.4%. Growth factors include cannabis legalization, increased consumer awareness, product innovation, and enhanced distribution channels.
The cannabigerol (CBG) gummies market is expected to grow to $9.11 billion by 2028 at a staggering CAGR of 45.6%. Growth factors include the regulatory landscape, health trends, market competition, and R&D. Key trends encompass customization, premiumization, transparency, and diverse distribution channels.
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What Key Factors Are Fueling the Growth of the Cannabigerol (CBG) Gummies Market?
The increasing incidence of anxiety is expected to drive the growth of the cannabigerol (CBG) gummies market. Anxiety disorders are becoming more prevalent due to stress and environmental factors. CBG gummies are believed to aid anxiety relief by interacting with the endocannabinoid system. According to the Australian Institute of Health and Welfare, a significant percentage of the population has experienced anxiety disorders. Therefore, the rising anxiety rates are expected to boost the CBG gummies market.
What Are the Major Segments of the Cannabigerol (CBG) Gummies Market?
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
What New Trends Are Transforming the Cannabigerol (CBG) Gummies Market?
In the cannabigerol (CBG) gummies market, companies are developing products with natural ingredients to meet rising consumer demand for wellness-focused cannabinoid options. Rare Cannabinoid Company introduced THC + CBG Relief Gummies in November 2023, blending various cannabinoids to promote physical well-being.
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Which Regions Are Driving Growth in the Cannabigerol (CBG) Gummies Market?
North America was the largest region in the cannabigerol (CBG) gummies market in 2023. The regions covered in the cannabigerol (CBG) gummies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Cannabigerol (CBG) Gummies Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the cannabigerol (cbg) gummies market, its market share, and analyzes key competitors along with 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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