Sandy, USA, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled "Cannabis Concentrate Market Size, Trends and Insights By Type (Live Resins, Wax, Oil, Chatter, Vape), By End User (Medical, Recreational Next, Food Industry), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030" in its research database.

"According to the latest research study, the demand of global Cannabis Edibles Market size & share was valued at approximately USD 20.47 Billion in 2021 and is expected to reach a value of around USD 197.74 Billion by 2030, at a compound annual growth rate (CAGR) of about 32.04% during the forecast period 2021 to 2030."
A huge number of benefits are offered by the products made from cannabis. It is a product obtained from a flowering plant that has been used since ancient times.
The therapeutic benefits provided by using cannabis products have successfully attracted the present market and the healthcare industry. The restrictions of many countries' governments regarding the demand and supply of cannabis products hamper the market's growth.

Click Here to Access a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Market Dynamics
Drivers
Many countries throughout the globe have legalized the demand and supply of products manufactured from cannabis to take advantage of the medicinal benefits obtained from these products. The use of topical applications such as creams and lotions has also increased tremendously due to the huge benefits and faster results obtained from the cannabis component in them. These multiple reasons help the market to show considerable growth during the forecast period.

(A free sample of the Cannabis Edibles report is available upon request; please contact us for more information.)

 Our Free Sample Report Consists of the following:

(Please note that the sample of the Cannabis Edibles report has been modified to include the COVID-19 impact study before delivery.)

Restraints
The strict restrictions and rules imposed by the government in many countries regarding the sales and supply of marijuana and other cannabis products to avoid misusing these products hamper the market's growth tremendously. The high cost associated with using cannabinoid components in the products imposes another restriction on the market's growth. These reasons hamper the expansion of the CBD edible market.


Opportunities
Several chronic diseases find their treatment with the help of cannabinoid components and their products. Severe wasting diseases also obtain great benefits from the use of cannabis-containing products. Many countries have offered legalization of the use of cannabis products which has supported the growth of the market to a great extent. A worldwide acceptance that has been showing towards the use of cannabis products has also boosted the demand in the market. These factors provide wonderful opportunities for the market to show considerable growth.

To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Challenges
The cost of the products which contain cannabis is quite high, which makes it impossible for the common people to take advantage of these products. Many countries have imposed restrictions on cannabis products, which proves to be a challenge for the market's growth. 
Certain side effects are observed after the usage of cannabis products which proves to be an obstacle in the growing market phase. With the increasing consciousness among people regarding the side effects of chemically formulated medicines, the cannabis edibles market has faced a great challenge during its growing phase. These factors have proved to be the challenges in front of the global cannabis edibles market during the forecast period.

Report Highlights
Based on type, flower and bud segments have proved to be the fastest growing sectors under this heading as a result of the huge demand experienced by the market. These products are highly demanded in the global market as a result of the huge consumption by the people. The difference in the boiling temperature of the cannabinoids compared to the high temperature which burns out the flower has encouraged the use of advanced vaporizers.
The active principles of the cannabinoids are successfully obtained from the flowers and buds, which help manufacture many products and medicines. The use of sophisticated and advanced vaporizers has boosted the demand for cannabis products due to their fine quality. Concentrates from the next segment under this heading are highly demanded by potential buyers as a result of the variety of choices of flavors and formulations.

Key questions answered in this report:

Key Offerings:

To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Recent Developments

Report Scope

Feature of the ReportDetails
Market Size in 2021USD 20.47 Billion
Projected Market Size in 2030USD 197.74 Billion
CAGR Growth Rate32.04% CAGR
Base Year2021
Forecast Period2022-2030
Prominent PlayersPure Kana, CV Sciences., Charlottes Web Holdings Inc, Canopy Growth Corp, TIsodiol International, Elixinol Global Ltd, Medical Marijuana Inc, Aurora Cannabis Inc., Cronos Group Inc, Curaleaf Holdings Inc., MGC Pharmaceuticals Ltd., Creso Pharma Ltd., Green Thumbs Industries Inc., Tilray Inc., and Others
Key SegmentBy Type, Application, and Region
Report CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying OptionsRequest tailored purchasing options to fulfil your requirements for research.

Regional Insights

Based on geography, the region of North America has proved to be the largest market for cannabis edibles. The recreational use of cannabis edibles was legalized by this region around 2012 which has helped the market to take hold of the choices and demands of the people. 

Washington and Colorado were seen to be the initial users of this product for recreational purposes. Later on, 11 other states of Columbia, including certain districts, started using cannabis products as they were legalized in this region for recreation.


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Browse the full "Cannabis Edibles Market Size, Trends and Insights By Type (Flowers, Concentrates), By Application (Medical, Industrial, Recreational), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030" Report at https://www.custommarketinsights.com/report/cannabis-edibles-market/

Segments covered in the report

Based on Type

Based on the Application

Based on Geography

North America

Europe

Asia Pacific

The Middle East & Africa

Latin America

To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=17261

Spectacular Deals

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Cannabis Infused Beauty Products Market: https://www.custommarketinsights.com/report/cannabis-infused-beauty-products-market/

Reasons for the Research Report

Click Here to Get a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/report/cannabis-edibles-market/

What does the report include?

Click Here to Get a Free Sample Report of the Global Cannabis Edibles Market @ https://www.custommarketinsights.com/report/cannabis-edibles-market/

Who should buy this report?

· Participants and stakeholders in the worldwide Cannabis Edibles market should find this report useful. The research will be useful to all market participants in the Cannabis Edibles industry.

· In the Cannabis Edibles sector, managers are interested in publishing up-to-date and projected data about the worldwide Cannabis Edibles market.

· Governmental agencies, regulatory bodies, decision-makers, and organizations wanting to invest in market trends for Cannabis Edibles products.

· Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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