UK Cbd Pouches Market Size & Outlook, 2023-2030
UK cbd pouches market, 2018-2030 (US$M)
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UK cbd pouches market highlights
- The UK cbd pouches market generated a revenue of USD 4,388.5 million in 2023 and is expected to reach USD 24,950.2 million by 2030.
- The UK market is expected to grow at a CAGR of 28.2% 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 4,388.5 million |
| Market revenue in 2030 | USD 24,950.2 million |
| Growth rate | 28.2% (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, UK accounted for 7.1% 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 Europe, UK cbd pouches market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 24,950.2 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 UK 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 availability of CBD pouches through various distribution channels in U.K., both online and offline, contributes to their accessibility and popularity. Online platforms provide a convenient way for consumers to purchase CBD products, while physical stores offer opportunities for in-person interaction and product visibility.
In July 2020, Spectrum Leaf Cannadips announced the introduction of its product in seven countries across Europe: the U.K., Germany, Switzerland, Austria, Czech Republic, Estonia, and the Netherlands. Cannadips is an innovative in-mouth CBD pouch brand that offers a discreet and convenient way to consume CBD.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into UK cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK cbd pouches market report size, by cbd content, 2018-2030 (US$M)
UK CBD Pouches Market Share, 2023 & 2030 (US$M)
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