Canada Cbd Pouches Market Size & Outlook, 2023-2030
Canada cbd pouches market, 2018-2030 (US$M)
Related Markets
Canada cbd pouches market highlights
- The Canada cbd pouches market generated a revenue of USD 4,595.8 million in 2023 and is expected to reach USD 23,387.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 26.2% from 2024 to 2030.
- In terms of segment, 10 mg -20 mg was the largest revenue generating cbd content in 2023.
- 10 mg -20 mg is the most lucrative cbd content segment registering the fastest growth during the forecast period.
Cbd pouches market data book summary
| Market revenue in 2023 | USD 4,595.8 million |
| Market revenue in 2030 | USD 23,387.8 million |
| Growth rate | 26.2% (CAGR from 2023 to 2030) |
| Largest segment | 10 mg -20 mg |
| Fastest growing segment | 10 mg -20 mg |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upto 10 mg, 10 mg -20 mg |
| Key market players worldwide | Swedish Match, Metolius, Canna Flora Hemp, Canndid, Cannadips |
Other key industry trends
- In terms of revenue, Canada accounted for 7.4% of the global cbd pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cbd pouches market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 23,387.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada cbd pouches market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cbd pouches market will help companies and investors design strategic landscapes.
10 mg -20 mg was the largest segment with a revenue share of 49.74% in 2023. Horizon Databook has segmented the Canada cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
There has been a significant increase in awareness and acceptance of CBD and its potential health benefits among Canadians. As more people become aware of the therapeutic properties of CBD, there is a growing demand for convenient and discreet forms of consumption, such as CBD pouches.
The focus on health and wellness has been on the rise in Canada, with consumers actively seeking natural alternatives for managing stress, anxiety, pain, and other health conditions. CBD pouches provide a convenient way to incorporate CBD into daily wellness routines, contributing to the market growth.
The expansion of e-commerce and online retail platforms has made it easier for consumers to access CBD products, including pouches. Online sales channels provide a discreet and convenient way for consumers to purchase CBD products, often with a wider selection than what might be available in traditional brick-and-mortar stores.
Reasons to subscribe to Canada cbd pouches market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada cbd pouches market databook
-
Our clientele includes a mix of cbd pouches market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into Canada cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada cbd pouches market report size, by cbd content, 2018-2030 (US$M)
Canada CBD Pouches Market Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
