Global Cannabis infused Edibles Market By Product Type, By Application, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast (2024 - 2031)

The growth of the "Cannabis infused Edibles market" has been significant, driven by several key factors. Increased consumer demand, influenced by evolving lifestyles and preferences, has played a pivotal role. 

Cannabis infused Edibles Market Trends, Growth Opportunities, and Forecast Scenarios 

due to increasing consumer demand for convenient and discreet consumption methods. The market research reports indicate a rise in the popularity of edibles over traditional smoking methods, with a focus on innovative product development and flavor profiles driving market growth. However, challenges such as regulatory restrictions and dosing consistency may hinder market expansion. Opportunities for industry growth lie in the expanding legalization of cannabis across regions, along with the development of new product formulations and packaging strategies to appeal to a broader consumer base. With a projected annual growth rate of % from 2024 to 2031, the cannabis infused edibles market is poised for substantial expansion, offering lucrative opportunities for businesses in the industry.

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What is Cannabis infused Edibles?

Cannabis infused edibles have emerged as a prominent segment within the booming cannabis industry, offering a discreet and convenient consumption method for users. The market for cannabis infused edibles has witnessed significant growth in recent years, with an increasing number of consumers seeking alternative ways to experience the benefits of cannabis. This growth can be attributed to factors such as expanding legalization of cannabis, a shift towards healthier and more sustainable consumption habits, and the growing acceptance and normalization of cannabis products in mainstream society. As market research indicates, the cannabis infused edibles market is poised for continued expansion and innovation as companies strive to meet evolving consumer preferences and demand.

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Market Segmentation Analysis

Cannabis infused edibles market includes various types such as beverages, baked goods, candies, gummies, chocolates, lozenges, and others. These products are popular among consumers seeking alternatives to smoking cannabis and offer discreet and convenient consumption methods. The market applications for cannabis infused edibles include recreational cannabis use, where consumers enjoy the psychoactive effects for leisure, and medicinal cannabis use, where individuals seek the therapeutic benefits of cannabinoids for managing various health conditions. Both markets are witnessing significant growth due to increasing legalization and acceptance of cannabis products.

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Country-level Intelligence Analysis 

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The cannabis infused edibles market is witnessing significant growth in various regions around the globe. In North America, the United States and Canada are leading the market with increased legalization of cannabis and rising consumer demand for edible products. In Europe, countries like Germany, France, ., Italy, and Russia are experiencing rapid growth in the market. The Asia-Pacific region, particularly China, Japan, South Korea, India, and Australia, is also showing promising growth potential. Latin America, including Mexico, Brazil, Argentina, and Colombia, is emerging as a key market for cannabis infused edibles. In the Middle East & Africa region, countries like Turkey, Saudi Arabia, UAE, and Korea are gradually entering the market.

Among these regions, North America is expected to dominate the cannabis infused edibles market, with a market share percent valuation of approximately 45%. This is primarily due to the early adoption of legalization and growing acceptance of cannabis products among consumers in the region. Europe and Asia-Pacific are also projected to witness substantial growth in the market, with market share percent valuations of around 25% and 20%, respectively. Latin America and the Middle East & Africa are expected to contribute to the market growth with market share percent valuations of approximately 5% and 3%, respectively. Overall, the global cannabis infused edibles market is forecasted to expand significantly in the coming years, driven by changing regulatory landscape and increasing consumer interest in cannabis-based products.

Companies Covered: Cannabis infused Edibles Market

• Coalition Brewing
• Dutch Windmill Spirits
• Heineken
• Klosterbrauerei Weienohe
• SK Rodnik
• Corona
• Plus Products
• Mountain High Suckers
• Bend Company

Coalition Brewing, Dutch Windmill Spirits, Heineken, Klosterbrauerei Weienohe, SK Rodnik, Corona, Plus Products, Mountain High Suckers, and Bend Company are all players in the cannabis-infused edibles market. Some market leaders include Plus Products and Mountain High Suckers, while new entrants such as Heineken and Corona are looking to capitalize on the growing trend.

- Plus Products sales revenue: $15 million

- Mountain High Suckers sales revenue: $5 million.

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The Impact of Covid-19 and Russia-Ukraine War on Cannabis infused Edibles Market 

The Russia-Ukraine War and post Covid-19 pandemic have led to disruptions in the global supply chain for cannabis infused edibles. This has resulted in increased prices and limited availability of these products in the market. The uncertainty and instability caused by these events have also impacted consumer confidence, leading to a decrease in demand for cannabis edibles.

Despite these challenges, the cannabis infused edibles market is expected to experience growth as the overall cannabis industry continues to expand. With more countries legalizing cannabis for both medical and recreational use, there will be an increased demand for a variety of cannabis products, including edibles.

The major benefactors of this growth are expected to be established cannabis companies with strong distribution networks and marketing strategies. These companies will be able to capitalize on the growing demand for cannabis products and expand their market share. Additionally, innovative startups that offer unique and high-quality cannabis infused edibles may also benefit from the increasing consumer interest in these products.

What is the Future Outlook of Cannabis infused Edibles Market?

The present outlook of the cannabis infused edibles market is promising, with growing acceptance of cannabis for both medicinal and recreational use driving demand for alternative consumption methods. Increased legalization and regulation of cannabis in various regions around the world are also contributing to market growth. In the future, the market is expected to continue expanding as more consumers seek out convenient and discreet ways to consume cannabis. Additionally, advancements in technology and product innovation are likely to drive further growth in the edibles market, making it a key segment of the overall cannabis industry.

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Market Segmentation 2024 - 2031

In terms of Product Type, the Cannabis infused Edibles market is segmented into:

• Beverages
• Baked Goods
• Candies
• Gummies
• Chocolates
• Lozenges
• Others

In terms of Product Application, the Cannabis infused Edibles market is segmented into:

• Recreational Cannabis Use
• Medicinal Cannabis Use

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Key FAQs Answered In The Cannabis infused Edibles Report Market Research Report

• What is the current size of the global Cannabis infused Edibles market?

The report usually provides an overview of the market size, including historical data and forecasts for future growth.

• What are the major drivers and challenges affecting the Cannabis infused Edibles market?

It identifies factors such as increasing demand from various industries like fashion, automotive, and furniture, as well as challenges such as environmental concerns and regulations.

• Which segments constitute the Cannabis infused Edibles market?

The report breaks down the market into segments like type of Cannabis infused Edibles, Applications, and geographical regions.

• What are the emerging market trends in the Cannabis infused Edibles industry?

It discusses trends such as sustainability, innovative uses of Cannabis infused Edibles, and advancements in technologies.

• What is the outlook for the Cannabis infused Edibles market in the coming years?

It provides insights into future growth prospects, challenges, and opportunities for the industry.

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