Global Cannabidiol (CBD) Living Water Market Size By Product (Pure CBD Water, Mixed CBD Water), By Platform (Online Sales, Offline Sales), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Cannabidiol (CBD) Living Water Market Size By Product (Pure CBD Water, Mixed CBD Water), By Platform (Online Sales, Offline Sales), By Geographic Scope And Forecast
Cannabidiol (CBD) Living Water Market Size And Forecast
Cannabidiol (CBD) Living Water Market size was valued at USD 3.1 Billion in 2023 and is projected to reach USD 13.8 Billion by 2030, growing at a CAGR of 21.5% during the forecast period 2024-2030.
CBD is a cannabis component that has been connected to a variety of health benefits. CBD-infused water, as well as a variety of other CBD products such as oils, candies, and capsules, is now accessible. The Global Cannabidiol (CBD) Living Water Market is expected to rise due to its healthy properties, rising product adoption, and utilization owing to government approvals. The Global Cannabidiol (CBD) Living Water Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Cannabidiol (CBD) Living Water Market Definition
CBD Living water, also known as Nano CBD water or CBD Nano water, is a form of water infused with cannabidiol (CBD) molecules. In other words, you may get the amount of non-psychoactive, non-addictive, and non-toxic CBD you want without losing any of it to your digestive system. This is because the molecules are shrunk in the lab to virtually the same size as DNA. Nano CBD molecules are a millionth of the size of traditional CBD molecules. Nano water supply also alleviates lung problems caused by inhaling cannabis or marijuana smoke.
This product employs a Nano water technique that combines Nano-sized CBD molecules with H20 molecules (water) to generate a very high-quality, high-alkaline water with a pH of 9.0+, the highest attainable in a stable form. This permits cannabidiol (CBD) to pass across the blood-brain barrier, which is a filtering mechanism of the body’s capillaries that supply blood to the brain and spinal cord tissue, preventing some chemicals from passing through. One of the most significant drawbacks of CBD water is that the majority of products contain relatively little CBD.
The quantity of magnesium in each serving varies by brand, although most give 2–5 mg. Although dosage recommendations vary, most research that looked at the benefits of this chemical utilized dosages of at least 15 mg per day. Many businesses say that they employ nanotechnology to reduce particle size and increase your body’s capacity to absorb and use CBD, which justifies their low CBD level. There has been little research on the impact of nanotechnology on CBD absorption. According to one research, lipid-based CBD nanoparticles are better absorbed by the body. More research is required to see whether adding nanoparticles to CBD water has any impact on absorption.
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Global Cannabidiol (CBD) Living Water Market Overview
The demand for cannabidiol (CBD) for wellness purposes is high due to its healing properties, which is the key factor driving the growth of the market. CBD living water allows for rapid bioavailability, which in its turn means that it will instantly help all an individual’s body’s cells, including his red blood cells, nerve cells, and heart. Its outstanding antioxidant quality makes one’s immune system receive a significant boost. Moreover, growing product adoption and utilization owing to government approvals is a major factor anticipated to drive the demand for cannabidiol-infused products.
However, the presence of stringent regulations and the high cost of CBD living water are some of the major factors restraining the growth of the market. CBD water is more expensive than other forms of CBD, including capsules, gummies, vapes, and creams. A single 16-ounce (473-ml) serving can cost around $4–7 USD, excluding tax and shipping. Buying in bulk can help you save money, but each bottle still comes out to at least $3 USD. This is significantly more pricey than other forms of CBD. Thus, the high cost of the product is the major factor that may hamper the market growth.
Global Cannabidiol (CBD) Living Water MarketSegmentation Analysis
The Global Cannabidiol (CBD) Living Water Market is Segmented on the basis of Product, Platform, And Geography.
By Product
• Pure CBD Water• Mixed CBD Water
Based on Product, the market is classified into Pure CBD Water and Mixed CBD Water. Pure CBD Water is projected to rise the most during to forecasted period due to the high content of THC, greater medical benefits, and effectiveness.
By Platform
• Online Sales• Offline Sales
Based on Platform, the market is classified into Online Sales and Offline Sales. Online Sales are projected to rise the most during to forecasted period due to the rising internet penetration, and less marketing for offline sales.
By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Global Cannabidiol (CBD) Living Water Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Global Cannabidiol (CBD) Living Water Market in the North America region is expected to increase the most compared to other regions during the projected period due to the growing awareness of CBD water, increasing investment by key market players, and fastening research & development process.
Key Players
The “Global Cannabidiol (CBD) Living Water Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are CBD Living, Cannabidiol Life, Cannabinoid Creations, CBD Bio Naturals, CBD Fusion Water, Canna Nano, TertraLabs, Endoca, HempMeds, Plus CBD Oil. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In February 2018, The Marijuana Company of America (MCOA) launched hempSMART Full Spectrum Pet Drops, a uniquely developed product that includes naturally occurring CBD produced from hemp seed oil, full-spectrum hemp extract, fractionated coconut oil, and a creamy bacon taste.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
Unit | Value (USD Billion) |
KEY COMPANIES PROFILED | CBD Living, Cannabidiol Life, Cannabinoid Creations, CBD Bio Naturals, CBD Fusion Water, Canna Nano, TertraLabs, Endoca. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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