North America Cbd Pouches Market Size & Outlook, 2023-2030
North America cbd pouches market, 2018-2030 (US$M)
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North America cbd pouches market highlights
- The North America cbd pouches market generated a revenue of USD 36,624.4 million in 2023.
- The market is expected to grow at a CAGR of 24.9% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 36,624.4 million |
| Market revenue in 2030 | USD 173,347.6 million |
| Growth rate | 24.9% (CAGR from 2023 to 2030) |
| Largest segment | 10 mg -20 mg |
| Fastest growing segment | 10 mg -20 mg |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 58.8% of the global cbd pouches market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 98,282.0 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 50.23% in 2023. Horizon Databook has segmented the North America cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing awareness of the health risks associated with smoking and tobacco consumption has led to a rising demand for smokeless alternatives. CBD pouches offer a convenient way to consume CBD without inhaling smoke or tobacco, making them an attractive option for health conscious individuals.
There has been a significant rise in awareness about the potential health benefits of CBD products, including CBD pouches, among consumers in North America. As more people become knowledgeable about the therapeutic properties of CBD, there is a growing acceptance and demand for these products.
The regulatory challenges surrounding the legal status of cannabis derivatives like CBD in North America have led to a gradual shift towards the acceptance and legalization of these products in various states and provinces.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cbd pouches market, including forecasts for subscribers. This continent databook contains high-level insights into North America cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America cbd pouches market report size, by country, 2018-2030 (US$M)
North America CBD Pouches Market Share, 2023 & 2030 (US$M)
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