Cannabis-infused edible products market size to grow by USD 25.27 billion
The increasing number of countries decriminalizing cannabis will be one of the key trends in the cannabis-infused edible products market during 2021-2025
The global cannabis-infused edible products market is a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Apart from the market in focus, Technavio’s market analysis reports also provide in-depth coverage of the external factors influencing the parent market growth potential in the coming years.
In this report, Technavio defines 2020 as the base year and 2021-2025 as the forecast period. The size of the global cannabis-infused edible product market is anticipated to grow by USD 25.27 billion from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 21.74% during the forecast period. Our report describes in detail the various factors that are responsible for the market growth and the growth momentum.
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What are the Some of the Topics Covered in this Report?
- Overview of the Market
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Factors Impacting Market Growth
- Vendor Analysis
What are the Various Segments Covered in this Report?
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Segmentation |
Segments |
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Product |
Food and beverage |
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Geography |
APAC, North America, Europe, Middle East and Africa, and South America |
What are the Factors Driving the Growth of the Cannabis-infused Edible Products Market?
The growth of the cannabis-infused edible products market will be driven by the growing social acceptance of cannabis. The perception of cannabis has changed across several countries. The market has attracted new vendors and large investors. The rising popularity of recreational marijuana has provided traction to the global legal cannabis market.
What are the Trends Supporting the Growth of the Cannabis-infused Edible Products Market?
The increasing number of countries decriminalizing cannabis is a key trend that will support the growth of the cannabis-infused edible products market. Portugal became the first country in the world to legalize the use of all drugs, including marijuana. Canada has legalized the use of marijuana for recreational and medical purposes. Other countries that have legalized the use of marijuana for medical purposes include Ireland, Jamaica, Australia, Germany, and South Africa.
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Which are the Major Vendors Operating in the Cannabis-infused Edible Products Market?
According to Technavio, the major vendors operating in the cannabis-infused edible products market include Bhang Corp., Botanic Lab, Cannabinoid Creations, CHARLOTTES WEB, Grön Confections, Kats Botanicals, Kiva Brands Inc., Lulu Group International, Medix CBD, and Mentor Capital Inc. among others.
Is the Market Fragmented or Concentrated?
The cannabis-infused edible products market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The vendors in the market are focusing on launching new and innovative products, a cost-effective production cycle, and developments in the distribution in new and existing markets.
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Related Reports
CBD Oil Market by Product and Geography – Forecast and Analysis 2022-2026
Cannabis-based Alcoholic Beverage Market by Product and Geography – Forecast and Analysis 2021-2025
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Cannabis-infused Edible Products Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 21.74% |
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Market growth 2021-2025 |
USD 25.27 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
15.65 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 72% |
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Key consumer countries |
US, Canada, Germany, UK, and Mexico |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Bhang Corp., Botanic Lab, Cannabinoid Creations, CHARLOTTES WEB, Grön Confections, Kats Botanicals, Kiva Brands Inc., Lulu Group International, Medix CBD, and Mentor Capital Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis for packaged foods and meats
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 – 2025
- Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 15: Product – Market share 2020-2025 (%)
- 5.2 Comparison by Product
- Exhibit 16: Comparison by Product
- 5.3 Food – Market size and forecast 2020-2025
- Exhibit 17: Food – Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Food – Year-over-year growth 2020-2025 (%)
- 5.4 Beverage – Market size and forecast 2020-2025
- Exhibit 19: Beverage – Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Beverage – Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Product
- Exhibit 21: Market opportunity by Product
6 Customer landscape
- 6.1 Overview
- Exhibit 22: Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 North America – Market size and forecast 2020-2025
- Exhibit 25: North America – Market size and forecast 2020-2025 ($ million)
- Exhibit 26: North America – Year-over-year growth 2020-2025 (%)
- 7.4 Europe – Market size and forecast 2020-2025
- Exhibit 27: Europe – Market size and forecast 2020-2025 ($ million)
- Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)
- 7.5 APAC – Market size and forecast 2020-2025
- Exhibit 29: APAC – Market size and forecast 2020-2025 ($ million)
- Exhibit 30: APAC – Year-over-year growth 2020-2025 (%)
- 7.6 South America – Market size and forecast 2020-2025
- Exhibit 31: South America – Market size and forecast 2020-2025 ($ million)
- Exhibit 32: South America – Year-over-year growth 2020-2025 (%)
- 7.7 MEA – Market size and forecast 2020-2025
- Exhibit 33: MEA – Market size and forecast 2020-2025 ($ million)
- Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Overview
- Exhibit 38: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Bhang Corp.
- Exhibit 43: Bhang Corp. – Overview
- Exhibit 44: Bhang Corp. – Product and service
- Exhibit 45: Bhang Corp. – Key offerings
- 10.4 Botanic Lab
- Exhibit 46: Botanic Lab – Overview
- Exhibit 47: Botanic Lab – Product and service
- Exhibit 48: Botanic Lab – Key offerings
- 10.5 Cannabinoid Creations
- Exhibit 49: Cannabinoid Creations – Overview
- Exhibit 50: Cannabinoid Creations – Product and service
- Exhibit 51: Cannabinoid Creations – Key offerings
- 10.6 CHARLOTTES WEB
- Exhibit 52: CHARLOTTES WEB – Overview
- Exhibit 53: CHARLOTTES WEB – Product and service
- Exhibit 54: CHARLOTTES WEB – Key news
- Exhibit 55: CHARLOTTES WEB – Key offerings
- 10.7 Grön Confections
- 10.8 Kats Botanicals
- Exhibit 59: Kats Botanicals – Overview
- Exhibit 60: Kats Botanicals – Product and service
- Exhibit 61: Kats Botanicals – Key offerings
- 10.9 Kiva Brands Inc.
- Exhibit 62: Kiva Brands Inc. – Overview
- Exhibit 63: Kiva Brands Inc. – Product and service
- Exhibit 64: Kiva Brands Inc. – Key news
- Exhibit 65: Kiva Brands Inc. – Key offerings
- 10.10 Lulu Group International
- Exhibit 66: Lulu Group International – Overview
- Exhibit 67: Lulu Group International – Product and service
- Exhibit 68: Lulu Group International – Key offerings
- 10.11 Medix CBD
- Exhibit 69: Medix CBD – Overview
- Exhibit 70: Medix CBD – Product and service
- Exhibit 71: Medix CBD – Key offerings
- 10.12 Mentor Capital Inc.
- Exhibit 72: Mentor Capital Inc. – Overview
- Exhibit 73: Mentor Capital Inc. – Business segments
- Exhibit 74: Mentor Capital Inc. – Key offerings
- Exhibit 75: Mentor Capital Inc. – Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 76: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 77: Research Methodology
- Exhibit 78: Validation techniques employed for market sizing
- Exhibit 79: Information sources
- 11.4 List of abbreviations
- Exhibit 80: List of abbreviations
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