#CBD Nutraceuticals Market

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CBD Nutraceuticals Market Size, Analysis and Forecast 2031

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How a Credit Card Payment Gateway Drives Business Growth

Article by Jonathan Bomser | CEO | Accept-credit-cards-now.com

In the swiftly evolving digital realm, businesses are driven to offer seamless payment solutions that resonate with the unique needs and preferences of their clientele. Amidst a plethora of available methods, credit card payment processors have risen as an essential instrument for catalyzing business growth. From industries categorized as high-risk to the realm of e-commerce endeavors, as well as specialized sectors like credit repair and CBD, credit card payment gateways have emerged as the catalysts for success. Within this article, we embark on an exploration of the profound influence wielded by credit card payment gateways on the expansion of businesses, all while unearthing their pivotal role spanning a spectrum of diverse industries.

DOWNLOAD THE PAYMENT GATEWAY INFOGRAPHIC HERE

The Dynamic Power of Credit Card Payment Gateways At the core of contemporary commerce lies the credit card payment gateway—a virtual conduit seamlessly connecting customers, businesses, and financial institutions. This instrumental role orchestrates secure and convenient online transactions by deftly transmitting payment data from patrons to merchants, and subsequently to payment processors. This streamlined process ensures prompt financial transactions for businesses and gifts customers with an unparalleled checkout experience.

Embracing High-Risk Merchant Processing with Confidence Enterprises operating within the high-risk spectrum, encompassing niches such as adult entertainment, travel services, and nutraceuticals, often confront the challenge of securing fitting payment processing solutions. This is where specialized credit card payment processing systems, meticulously crafted for high-risk merchant processing, play an indispensable role. These systems are adept at addressing the unique requisites of these sectors. By ameliorating risks, optimizing transaction mechanisms, and fortifying security measures, these gateways empower high-risk entities to enthusiastically embrace credit card transactions and sow the seeds of sustained expansion.

Empowering the E-commerce Frontier The advent of e-commerce has metamorphosed the shopping landscape, elevating online payment processing into a cornerstone of the industry. E-commerce payment gateways arm enterprises with dedicated merchant accounts and seamlessly integrated credit card processing systems seamlessly embedded within their virtual storefronts. Beyond enhancing user interaction during transactions, this seamless integration elevates the credibility and professionalism of e-commerce ventures.

Revolutionizing Credit Repair Services Within the sphere of credit repair, credit card payment gateways wield a transformative influence on the trajectory of growth. These gateways offer tailor-made merchant processing services meticulously calibrated for credit repair enterprises. By embracing credit card transactions for credit repair services, businesses amplify their credibility and sow the seeds of client trust. The streamlined payment process facilitates seamless settlements for clients, fostering satisfaction and nurturing overall business expansion.

Navigating the Complex Terrain of CBD Transactions The vibrant CBD industry, marked by a dynamic legal landscape, calls for versatile and compliant payment processing solutions. CBD merchant accounts and specialized payment gateways rise as indispensable assets, meticulously designed to cater to the distinctive demands of this sector. These gateways stand as the bedrock for the seamless acceptance of credit cards for CBD products, ensuring transparent transactions and fortified security protocols. This engenders a climate of confident engagement for both businesses and patrons navigating the intricate CBD market.

The Multifaceted Role of Credit Card Payment Services Credit card payment gateways transcend their role as mere conduits for transactions, metamorphosing into comprehensive suites of services encompassing payment processing systems, credit and debit card payment facilitation, and online payment gateways. These attributes not only streamline financial operations but also holistically contribute to the efficiency and expansion of businesses.

Mastery in the Art of Selecting the Optimal Payment Gateway The choice of the ideal credit card payment gateway is a pivotal juncture for any business. The process entails a meticulous evaluation of transaction costs, security protocols, integration capacities, and industry-specific expertise. By forming strategic alliances with reputable gateway providers, businesses ensure tailor-made solutions harmonizing with their growth trajectory, charting a course towards enhanced prosperity.

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Cannabidiol Market Size To Reach USD 22.05 Billion By 2030

Cannabidiol Market Growth & Trends

The global cannabidiol market size is expected to reach USD 22.05 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.8% from 2024 to 2030. Changing consumer attitudes towards CBD products, shifting public opinion, and growing recognition of the health benefits of cannabidiol are some of the main factors contributing to the market's growth. The cannabis Sativa plant contains more than 80 cannabinoids, but cannabidiol is the most widely used for medical purposes because of its lack of psychoactive effects. It is primarily obtained from hemp due to its high CBD content.

There is a high demand for various CBD-infused products, such as beauty products, cannabis oil, beverages, gummies, capsules, etc. CBD can enter the human body through different means, including vaping, smoking, and through the skin. In the U.S., where cannabis is legal, CBD is utilized to produce personal care products and medical drugs. Legalizing cannabis-based products has opened up significant opportunities for various end-use industries to expand their product offerings.

Major players in the industry are focused on introducing CBD-infused products. Companies are exploring opportunities in international markets as the demand for CBD grows globally. Furthermore, they are investing in research and development to enhance the effectiveness and efficiency of their products, as well as to expand their offerings. The players are introducing new and innovative products, such as edibles, topicals, and beverages, to cater to the growing demand. For instance, in May 2022, Medical Marijuana, Inc. announced the launch of a pharma subsidiary in Brazil named “HM Pharma” to expand its access to CBD products in pharmacies.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/cannabidiol-cbd-market

Cannabidiol Market Report Highlights

North America accounts for the largest with a market share of 87.4% in 2023 owing to the presence of major manufacturers, and approval of the U.S. Farm Bill are some of the major factors driving the growth of the region

Hemp-derived CBD dominated the market in 2023, with a market share owing to its higher purity and potential health benefits

B2B segment accounts for the largest market share in 2023 owing to increasing demand and a rising number of businesses using cannabidiol as raw materials

In 2023, the pharmaceuticals segment accounted for the largest market share in the end-use market owing to rising use of cannabis derivate for various medical conditions

Cannabidiol Market Segmentation

Grand View Research has segmented the global cannabidiol market based on source type, sales type, end-use, and region:

Cannabidiol (CBD) Source Type Outlook (Revenue, USD Million, 2018 - 2030)

Hemp

Marijuana

Cannabidiol (CBD) Sales Type Outlook (Revenue, USD Million, 2018 - 2030)

B2B

By End-use

Pharmaceuticals

Wellness

Food & Beverages

Personal Care & Cosmetics

Nutraceuticals

Others

B2C

By Sales Channel

Hospital Pharmacies

Online

Retail Stores

By End-use

Medical

Chronic Pain

Mental Disorders

Cancer

Others

Personal Use

Cannabidiol (CBD) End-use Outlook (Revenue, USD Million, 2018 - 2030)

Medical

Chronic Pain

Mental Disorders

Cancer

Others

Personal Use

Pharmaceuticals

Wellness

Food & Beverages

Personal Care & Cosmetics

Nutraceuticals

Others

Cannabidiol (CBD) Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

U.K.

Germany

Netherlands

Switzerland

Italy

France

Poland

Czech Republic

Croatia

Asia Pacific

China

India

South Korea

Japan

New Zealand

Australia

Latin America

Argentina

Brazil

Mexico

Colombia

Uruguay

Chile

Middle East & Africa (MEA)

Israel

South Africa

List of Key Players of Cannabidiol Market

ENDOCA

Cannoid, LLC

Medical Marijuana, Inc.

Folium Europe B.V.

Canopy Growth Corporation

Elixinol

NuLeaf Naturals, LLC

Isodiol International, Inc.

PharmaHemp

The Cronos Group

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/cannabidiol-cbd-market

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Hemp Smart CBD Gummies Reviews:"POWERFUL NATURAL FORMULA" Its Really Works?

Smart Hemp CBD Gummies – Official Website Link – Click Here

Introduction Of Smart Hemp Gummies Australia & NZ

Smart Hemp Gummies is a healthy and tasty way to adhere to CBD and its product. It can help you to improve your body performance and reduce pain.  In such a tense world, there are various health concerns. Many of us are suffering from stress and migraine and various little communities that believe and use opioids to treat this kind of disease is the only best option. And this is also true when it comes to a natural remedy that can cure anxiety; stress and depression CBD always top the chart. In various clinical studies, it has been found that CBD in raw form can treat and improve conditions better than structured modified opioids that you get from pharmaceutical companies.

In this article, we are going to focus on the health benefits of CBD and its side effects as well as considerations to take in place before the use of the product.

This product is one of the most known CBD gummies available. This is widely popular for its invention and has no side effects. It has gained popularity in recent years without any marketing. It has various health benefits in the personals life including chronic illness, heart health, and improved concentration and memory. You will notice its beneficial effect only if you consume this product regularly without any intervention or delay.  It is a premium nutraceutical product in the market with no side effects or adverse effects in the normal therapeutic dose.

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What are Smart Hemp Gummies? Smart Hemp Gummies are nutritional supplement infused with hemp extracts and Ashwagandha that are crucial for your health. I see these Hemp Smart CBD Gummies as a natural alternative to traditional pain methods and it helped me in overcoming complex conditions like chronic aches and discomfort. These gummies are carefully developed, and their unique formula gives people a safe and non-habit-forming for those searching for relief from their pain without worrying about addiction. I found these gummies small and convenient and sometimes I pack them in my office bag so that I'm always reminded to take them, so I don't miss even a single dose. It’s convenient features make it easy for me to consume it whenever I need health support. Being a product derived from premium quality ingredients, Hemp Gummies Australia have been designed for consistent effects and to leave your taste buds happy with delicious flavors.

How Does Smart Hemp Gummies Work?

Hemp Smart CBD Gummies Reviews are the natural capsules that work in a natural way without causing any adverse effects. These are the CBD gummies enriched with the pure hemp extracts and hence it works naturally to rejuvenate the overall wellbeing and health conditions. Smart Hemp Gummies work by nourishing and enhancing the receptors in your body. These receptors are responsible for advancing the functioning of the ECS system. So, the receptors are nourished by the CBD oil and it helps in enhancing the ECS system.

As a result, the ECS system controls the major functioning of your body, including the eating habits, sleep cycles, pain management and even your cognitive wellbeing. These gummies strengthen the immune system to help you fight against free radical damages and it allows you to have a healthy body and mind. Besides, the gummies also lowers the symptoms of indigestion and allow you to have a healthy functioning digestive system. 

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The formula of Smart Hemp Gummies

It is composed of various ingredients with one common aim to help individuals increase their life quality. Full-spectrum hemp oil is one of the main compounds present in the formulation and it is beneficial for potential overall health improvement. All ingredients in the formulation are synergetic to each other and can produce exponential effects on the body. Below are mentioned few ingredients in the formulation. 

•    CBD Oil

CBD oil is one of the main ingredients with the ability to resolve various physical and mental discomfort faced by individuals. It also helps to increase the duration of action. In various clinical studies, it has been found that CBD oil can solve various pathological conditions. This substance can aid in body management.

•    Hemp Oil

Hemp oil is one of the most widely used substances in CBD gummies. The therapeutic benefits of hemp oil are commonly known and it can relieve pain from chronic situations. It also regulates the ECS, resulting in treatment and symptomatic relief from disorders and diseases.

•    Lavender Oil

Lavender oil is known for its medicinal activity and aromatic properties. It can calm and relax the brain and also aid in the sleep cycle. It can be beneficial for enhanced mental activity. The aromatic properties of the product are also known and this is one of the reasons it is used in the formulation.

•    Natural Terpenes 

Natural terpene is a secondary metabolite obtained from the hemp plant for its volatile activity. There are various health benefits of the product including reduced inflammation, enhanced sleep cycle and decrease stress condition. It also provides smell and scent to the product.

•    MCT Oil

Medium-chain triglyceride oil is saturated fatty acids, which are obtained from coconut oil and palm kernel oil. It is gained popularity as a reliable and perfect transporter of CBD oil. It also increases the bioavailability of systemic circulation.

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Advantages of Smart Hemp Gummies 

There are various advantages effect of the product in the participant's life and a few of the beneficial effects are mentioned below. •    Reduce anxiety and stress as well as their cause  •    Increase physical mobility and flexibility  •    Ensure proper ECS working •    Increase mental activity  •    Pain reducer  •    Increased life quality  •    Increase sleep cycle 

How to use Smart Hemp CBD Gummies? 

Smart Hemp Gummies Australia are easy to use and can be taken as a daily supplement. Simply take one or two gummies, depending on your desired dose, and let them dissolve in your mouth. 

It is important to remember that the effects of CBD can take time to become apparent, so it may take a few days or weeks before you start to notice a difference. It is also worth bearing in mind that everyone's body reacts differently to CBD, so you may need to experiment with different doses to find the one that works best for you. 

It is always best to consult with a doctor before starting any new supplement, especially if you are taking medication or have a pre-existing medical condition.

Price of the gummies 

These gummies are available in three different bundles and individuals can select the best value product for themselves. According to the manufacturer, there are various discounts available in the online store. For more knowledge visit the official website for further information. 

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Money Back Guarantee or Refund Policy

This supplement is one of the most widely tested and reputable in the market. It comes with a 90-day money-back guarantee and if in case you are not satisfied with the product's performance then you can return this product and refund money to your account. To gain more knowledge you can visit the official website of the product.

Where to buy Smart Hemp CBD Gummies? 

Smart Hemp Gummies Australia Reviews can be purchased from the Open Eye official official website or from a range of other online retailers. When purchasing from an online retailer, it is important to check that they are a reputable source and that the product has been third-party tested. 

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Why select Smart Hemp Gummies?

Smart Hemp Chemist Warehouse Gummies Australia is one the best option for CBD gummier in the market. It is manufactured by the best supplier with a reputation in the market. You can order this product directly from the manufacturer via an online store. Reasons to select this product are mentioned below.

CBD oil is composed of various secondary metabolites that can treat and reduce muscle pain, and joint pain and reduce inflammation as well as can reduce recovery time. It helps in the recovery of muscle after an intensive workout and lubricates joints in the body.

It also helps in increasing the concentration of GABA and improving the ligand response. It increases the strength of the nervous system and can reduce stress. This supplement is also helpful in various cardiovascular diseases such as angina and hypertension. It is also helpful in the improvement of concentration, cognitive ability, and muscle retention and reduces symptoms of depression.   

Conclusion

In the end, this product is specially designed and formulated with all-natural substances that are effective against various path physiological conditions and can improvise in normal physiological conditions. It can help you in controlling situations like mental abilities, chronic pain, sleep, muscle pain, hypertension, type 2 diabetes mellitus and dispersion. The manufacturer is committed to the customer, they have used only the best quality grade content in the formulation as well as they have a refund policy that favours the customer, you can read about the refund policy on the official website mentioned in the article. This product is specially designed to feel like candy to increase adherence to the product. These gummies are available in all parts of the country without any extra charges; you can order them from their official online portal to get the product easily.

Note:- CBD gummies can help you in therapy management but you need to be determined and follow the diet as well as exercise for a healthy lifestyle. CBD gummies are not magical remedies that can reduce pain by themselves.

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FAQ: 

What are the benefits of taking CBD Gummies? 

CBD Gummies offer potential health benefits including reducing inflammation, relieving pain, and improving sleep. They may also help reduce anxiety and depression and improve mood. 

Are CBD Gummies safe to take? 

Yes, CBD Gummies are generally considered safe to take. They are made from all-natural ingredients and contain no artificial additives or toxins. However, it is always best to consult with your doctor before taking any new supplement. 

What are the side effects of taking CBD Gummies? 

The most common side effects associated with CBD Gummies are mild drowsiness and gastrointestinal upset. Additionally, some people may experience allergies or sensitivities to the ingredients in CBD Gummies. 

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The Industry's Gummy Manufacturing Companies are Exploding

Gummy manufacturers have seen a boom in recent years Somafina. They now offer a wide range of products, which go far beyond the candy aisle. These companies, which produce dietary supplements and medicinal cannabis-infused gums, are revolutionizing the market. They prove that gummies aren’t just for children anymore.

The days of gummies shaped as bears or worms are long gone. Gummy manufacturers are now adapting their products to a market that is more health conscious and progressive. Now, they offer a variety of products, including CBD gummies and nutraceuticals. The demand from consumers for convenient, tasty, and effective health products is driving this innovative shift. The gummy supplements are a tasty alternative to capsules and pills. They contain everything from probiotics to collagen.

Successful gummy manufacturers are able to balance taste and functionality. SmartyPants has, for example, gained a significant market share by offering multivitamins with delicious flavors and essential nutrients. It is not easy to achieve the perfect consistency and taste, while also ensuring that the added nutrients are stable and effective. This requires sophisticated technological processes as well as high-quality ingredients.

Gummy manufacturers have also benefited from the rise of cannabis, especially the legalization and medicalization of marijuana in different parts of the globe. Wana Brands, Kanha Treats and other companies have introduced cannabis-infused gummies to meet different therapeutic needs. These range from anxiety relief to pain management. These gummies have been carefully crafted to provide precise dosages. They are a convenient and controlled way of consuming cannabis.

In the gummy industry, quality assurance and regulatory compliance is crucial. To ensure safety and efficacy, companies must follow strict guidelines from agencies such as the U.S. Food and Drug Administration or European Medicines Agency. It is important to ensure product safety and efficacy by implementing rigorous quality control measures at every stage of the production process.

Another growing industry focus is sustainability. Many gummy producers, like Herbaland or The Humble Co., are committed to sustainable practices. The initiatives include everything from biodegradable and recyclable packaging to using natural, ethically produced ingredients. Pectin-based fruit gummies are an alternative to animal-derived gelatin-based products, which cater to vegetarians and Vegans.

As gummy manufacturers continue to innovate and develop, the future is promising. Biotechnology and food science advances will likely lead to the introduction of even more sophisticated gummy products that combine health benefits and consumer convenience. The gummy market will continue to expand, and the industry's palate will be pushed further.

Gummy manufacturers are key players in the consumer market today, showing versatility and innovation within diverse sectors. The ability of gummy manufacturers to combine enjoyment and health benefits shows that they are a vibrant industry ready to meet the needs of modern consumers. These companies will delight and empower consumers in equal measure, whether it's with a therapeutic cannabis gum or a vitamin supplement.

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Exploring the Cannabidiol Nutraceuticals Market: Detailed Insights on Size, Share, and Growth Potential

The global CBD nutraceuticals market is projected to reach USD 17.4 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 18.8% during the forecast period. Introduction of the 2018 Farm Bill that legalized hemp cultivation and hemp-derived products in U.S., rising consumer preference for plant-based ingredients in dietary supplements, and awareness regarding the health benefits of cannabidiol are some of the factors powering the market growth. However, the easy availability of alternative products is obstructing market growth.

Further key findings from the report suggest

In 2018, CBD tinctures dominated the Cannabidiol nutraceuticals market with a revenue share of 42.6%, due to the higher bioavailability than other product types

The online sales channel is projected to witness the fastest growth rate over the forecast period. Many companies are opting for this channel, as it is a faster way to reach the target audience

Some of the major market players are Medical Marijuana Inc.; CV Sciences Inc.; CHARLOTTE’S WEB; Irwin Naturals; and MGC Pharma

For More Details or Sample Copy please visit link @: Cannabidiol Nutraceuticals Market

CBD tinctures dominated the global Cannabidiol (CBD) nutraceuticals market in 2018, with a revenue share of 42.6%. Increasing acceptance of cannabidiol for health and wellness purposes coupled with high bioavailability of tinctures when administered sublingually are the major factors responsible for this large market share. On the other hand, capsules and soft gels are anticipated to be the fastest-growing product type over the forecast period, as they are travel-friendly and convenient to carry in public places. However, many consumers dislike the raw taste and texture of cannabidiol and so they are switching towards capsules and softgels.

Based on the sales channel, retail store segment dominated the CBD (Cannabidiol) nutraceuticals market in 2018, as consumers prefer retail stores for buying dietary supplements due to attractive pricing. On the other hand, the online sales channel is expected to expand at the fastest CAGR over the forecast period owing to the rise in the preference for online shopping. Furthermore, the new entrants in the CBD nutraceuticals space, find online sales channel a much economical alternative than a retail storefront.

Top Companies in the Cannabidiol Nutraceuticals Market

CV Sciences, Inc.

Medical Marijuana Inc.

CHARLOTTE’S WEB

MGC Pharma

ENDOCA

Isodiol

Elixinol

Diamond CBD

Irwin Naturals

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CBD Nutraceuticals Market Size, Analysis and Forecast 2031

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Nutraceuticals Market Is Expected To Grow Swiftly By 2030

The global nutraceuticals market size is projected to reach USD 599.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.6% from 2024 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in the costs of pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

Request a free sample copy or view report summary: Nutraceuticals Market Report

Nutraceuticals Market Report Highlights

Based on ingredient, in 2023, probiotics held a dominant position in the market; with a share of 27.7% owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria

The vitamins segment captured a significant market share in 2023. The segment is expected to witness significant growth in the coming years

In terms of product, the functional foods segment dominated the market with a revenue share of 37.65% in 2023. Rising healthcare costs, coupled with the increasing geriatric population across the world, are anticipated to assist the segment growth over the forecast period

North America held the largest revenue share of over 34.90% in 2023. The growing health concerns amongst consumers and increasing awareness regarding nutraceuticals are likely to be the major drivers of the North America market.

The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

Nutraceuticals Market Segmentation

Grand View Research has segmented the global nutraceuticals market based on ingredient, product, application, and region:

Nutraceuticals Ingredient Outlook (Revenue, USD Million, 2018 - 2030)

Aloe vera

Amino acids

Botanical Ingredients

Ashwagandha

Curcumin

Ginseng

Hemp

Others

Cannabidiol (CBD)

Carbohydrates

Carnitine

Food Color

Carotenoids

Astaxanthin

Lutein

Lycopene

Other carotenoids (Zeaxanthin, Betacarotene)

Spirulina

Collagen

Colostrum

Cultures and fermentation starters

Dairy ingredients

Emulsifiers

Enzymes

Essential oils

Fat replacers

Fats and oils

Fibers

Flavors

Fruit and vegetable products

Glucosamine / Chondroitin

Isoflavones

Juices and concentrates

Krill

Lipids / Fatty Acids

Marine ingredients

Minerals

Calcium

Iron

Magnesium

Selenium

Others

Omega-3s

Marine Derived

Plant-derived

Prebiotics

Probiotics

Proteins

Sweeteners

Stevia

Monkfruit

Others (Honey, sucrose, fructose, etc.)

Vitamins

Vitamin A

Vitamin B

Vitamin C

Vitamin D

Vitamin E

Vitamin K

Whey proteins

Other

Nutraceuticals Product Outlook (Revenue, USD Million, 2018 - 2030)

Dietary supplements

Functional foods

Functional beverages

Nutraceuticals Application Outlook (Revenue, USD Million, 2018 - 2030)

Allergy & intolerance

Animal nutrition

Healthy ageing

Bone & joint health

Cancer prevention

Children's health

Cognitive health

Diabetes

Digestive / Gut health

Energy & endurance

Eye health

Heart health

Immune system

Infant health

Inflammation

Maternal health

Men's health

Nutricosmetics

Oral care

Personalized nutrition

Post Pregnancy and reproductive health

Sexual health

Skin health

Sports nutrition

Weight management & satiety

Women's health

Other

Nutraceuticals Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

France

Italy

UK

Spain

The Netherlands

Asia Pacific

China

Japan

India

Australia & New Zealand

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

South Africa

List of Key Players in the Nutraceuticals Market

DSM

Amway

Pfizer Inc.

Nestle

The Kraft Heinz Company

The Hain Celestial Group, Inc.

Nature's Bounty

General Mills Inc.

Danone

Tyson Foods

[industryforecastnews]

CBD Consumer Health Market Size To Reach $61.17Bn By 2030

CBD Consumer Health Market Growth & Trends

The global CBD consumer health market size is anticipated to reach USD 61.17 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 18.1% from 2023 to 2030. The growing adoption of cannabidiol (CBD) as a consumer health product due to increasing awareness about the health benefits of CBD and rise in the number of countries legalizing these products are the key factors driving the growth. Furthermore, the changing buyer perception and attitude toward cannabidiol products is an important factor bolstering the revenue growth.

Based on product type, nutraceuticals dominated the market with a revenue share of 62.4% in 2019. Rising awareness regarding cannabidiol, changing user preferences from chemical-based ingredients to organic ingredients in dietary supplements, and favorable government initiatives for hemp-derived cannabidiol are the key factors driving the growth. The segment is anticipated to witness the fastest CAGR during the forecast period, owing to an increase in the consumption of CBD-based nutraceutical products in health and wellness, sports nutrition, weight management, and other fields.

Based on distribution channels, retail pharmacies dominated the market for cannabidiol consumer health in 2019. An increase in the number of companies selling their products via retail pharmacies is fueling the growth of the segment. However, the online stores segment is anticipated to witness fastest growth over the forecast period. This can be attributed to the increase in penetration of e-commerce, rising demand for CBD-infused products, preference of consumers for buying CBD online, and easy availability of these products in emerging markets.

North America dominated the market in 2019, with a revenue share of 59.8%. The growing awareness about the medical benefits of CBD among consumers has resulted in greater sales of online and retail sales in the region. On the other hand, Europe is expected to be the fastest-growing region, owing to an increase in consumption, rising awareness, positive attitudes regarding CBD products, and strategic investments by major companies in the region.

Request a free sample copy: https://www.grandviewresearch.com/industry-analysis/cannabidiol-consumer-health-market 

CBD Consumer Health Market Report Highlights

Nutraceuticals dominated the market in 2022 with a revenue share of 60%, owing to the changing consumer preferences from chemical-based ingredients to organic and herbal ingredients in dietary supplements

Online stores is anticipated to be the fastest-growing distribution channel segment over the forecast period, owing to the increase in penetration of e-commerce and the rising number of players offering their products online

North America dominated the CBD consumer health market for cannabidiol consumer health products, with a revenue share of around 70% in 2022.

CBD Consumer Health Market Segmentation

Grand View Research has segmented the global CBD consumer health market based on product type, distribution channel, and region:

CBD Consumer Health Product Type Outlook (Revenue, USD Million, 2018 - 2030)

Medical OTC Products

CBD Analgesic Products

CBD Dermatology Products

CBD Mental Health Products

CBD Sleeping Aids Products

Other OTC Products

Nutraceuticals

CBD Vitamins and Dietary Supplements (VDS)

CBD Sports Nutrition

CBD Weight Management and Wellbeing

CBD Consumer Health Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

Online Stores

Retail Stores

Retail Pharmacies

CBD Consumer Health Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

UK

Germany

France

Italy

Spain

Sweden

Norway

Denmark

Asia Pacific

China

Australia

Thailand

Japan

India

South Korea

Latin America

Brazil

Argentina

Mexico

Middle East & Africa (MEA)

Saudi Arabia

South Africa

UAE

Kuwait

List of Key Players in the Cannabidiol (CBD) Consumer Health Market

Elixinol Global Limited

ENDOCA

NuLeaf Naturals LLC

Kazmira

Charlotte's Web

Joy Organics

Lord Jones

Medical Marijuana Inc.

CV Sciences Inc.

Isodiol International Inc.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/cannabidiol-consumer-health-market 

[rupalic]

Global Nutraceutical Ingredients Market Size, Share, Trends - 2027

The nutraceutical ingredients market is a dynamic and growing sector. Nutraceuticals refer to food or food products that provide health benefits beyond basic nutrition. The market for nutraceutical ingredients includes a wide range of products, such as vitamins, minerals, amino acids, antioxidants, probiotics, prebiotics, herbal extracts, and other bioactive compounds.

The global nutraceutical ingredients market size is estimated to grow from USD 185.2 billion in 2022 to USD 261.7 billion by 2027. The compound annual growth rate is 7.2%. The increasing awareness of health & wellness among the consumers and tailored products according to the needs of the targeted audience are driving factors for the growth of the nutraceutical ingredients market. The rising cost of pharmaceutical and hospital expenses are considered as luxury among majority of the population, increase the demand for nutraceutical products as they can prevent health problems.

Nutraceutical ingredients market trends:

Plant-Based and Natural Ingredients: Consumers were increasingly inclined towards plant-based and natural ingredients. Nutraceutical products derived from plants, herbs, and botanicals were gaining popularity due to their perceived health benefits and alignment with clean-label preferences.

Personalized Nutrition: The trend of personalized nutrition was gaining momentum. Companies were exploring ways to offer customized nutraceutical solutions based on individual health needs, genetic factors, and lifestyle choices.

Gut Health Focus: There was a growing emphasis on gut health, leading to increased demand for probiotics and prebiotics. Products promoting digestive health and supporting a healthy microbiome were gaining traction.

Functional Beverages: The incorporation of nutraceutical ingredients into functional beverages was on the rise. Consumers were looking for beverages that not only quench their thirst but also provide functional benefits, such as energy enhancement, immunity support, or relaxation.

CBD and Hemp-Derived Ingredients: The interest in cannabidiol (CBD) and hemp-derived ingredients was increasing. CBD was being explored for its potential therapeutic benefits, leading to the development of nutraceutical products containing these compounds.

Immune System Support: The COVID-19 pandemic heightened awareness about the importance of immune health. Nutraceuticals offering immune system support, including vitamins, minerals, and antioxidants, saw increased demand.

The Food segments by application is projected to have the highest nutraceutical ingredient market share.

Research & development on nutraceutical product have been improving innovative products and developing customized products according to the consumer requirements. Products with customized requirement and trending food products would attract more customers. Various companies have understated their customers’ needs and have developed nutraceutical products like gummies, lozenges, hard candies, malt powders, nutrient bars, and more. These products are customized according to the health benefit, according to their diet, and more. Hence, their market is estimated to gain more market share in the nutraceutical ingredient market.

The dry ingredient, by form is projected to attain the fastest market growth in the global nutraceutical ingredients market throughout the forecasted period.

New emerging technologies like encapsulation methods, have helped various companies in making a liquid format ingredient to dry format. These encapsulated ingredients can preserve its liquid ingredient without degrading with other compounds in the product formulation and can also release the compound in desired rate to the product. such technology improvements have helped various formulator, as liquid form of ingredients is mostly unstable and can degrade.

The key players in this market include such Associated British Foods Plc (UK), Arla Foods Ingredients Group P/S (Denmark), DSM (Netherland), Ingredion (US), Tate & Lyle (UK), Ajinomoto Co., Inc. (Japan), CHR Hansen Holdings A/S. (Denmark), Kyowa Hakko Bio Co., Ltd. (Japan), Glanbia Plc (Ireland), Fonterra Co. Operative Group Limited (New Zealand), Cargill Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), BASF SE (Germany) and Kerry Groups (Ireland). Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments.

[danieldavidreitberg]

From Farm to Lab: AI-Powered Hemp Product Development and Innovation

The hemp boom isn't just about CBD oil anymore. From bioplastics to nutraceuticals, the diverse applications of this sustainable plant are exploding, fueled by a potent blend of human ingenuity and artificial intelligence (AI). Let's delve into the high-tech lab and explore how AI is revolutionizing hemp product development and innovation:

AI-Powered Recipe Discovery:

Ingredient Optimization: Imagine AI analyzing vast databases of hemp components and other natural ingredients to discover novel and effective combinations. This can lead to the creation of innovative hemp-based products with unique health benefits and functionalities.

Flavor and Aroma Alchemy: AI can analyze consumer preferences and sensory data to predict and design delicious and appealing hemp-infused food and beverage products.

Biocompatible Design: AI can help develop hemp-based materials like bioplastics and textiles with tailored properties for specific applications, from medical implants to sports apparel.

AI-Driven Optimization and Testing:

Predictive Efficacy: AI can analyze existing research and data to predict the potential efficacy of new hemp-based products before they even hit the lab bench. This can save time and resources by prioritizing the most promising candidates for further development.

Virtual Trials: AI simulations can be used to test the safety and effectiveness of new hemp products in a virtual environment, reducing the need for animal testing and accelerating the development process.

Quality Control on Autopilot: AI can monitor and analyze production lines in real-time, ensuring consistent product quality and minimizing the risk of defects.

Beyond the Lab: AI in Marketing and Sales:

Personalized Product Recommendations: AI can analyze consumer data and preferences to recommend personalized hemp products, boosting customer satisfaction and loyalty.

Targeted Marketing Campaigns: AI can identify potential customer segments and tailor marketing messages for maximum impact, increasing brand awareness and sales.

Supply Chain Optimization: AI can optimize logistics and inventory management throughout the hemp supply chain, reducing costs and improving efficiency.

The Benefits of AI in Hemp Product Development:

Faster Innovation: AI can accelerate the development and launch of new hemp-based products, keeping businesses ahead of the curve in this dynamic market.

Reduced Costs and Risks: AI-powered optimization can save time and resources throughout the development process, minimizing risk and maximizing return on investment.

Enhanced Product Quality and Efficacy: AI can help create more effective and reliable hemp-based products, building consumer trust and brand reputation.

Challenges and Considerations:

Data Quality and Bias: AI models are only as good as the data they're trained on. Ensuring high-quality and unbiased data is crucial to avoid misleading or discriminatory outcomes.

Transparency and Explainability: AI algorithms can be complex and opaque. It's important to develop transparent and explainable models to build trust with consumers and regulators.

Human-Machine Collaboration: AI should not replace human creativity and expertise. Instead, it should be seen as a tool to enhance human capabilities and drive innovation.

The Future of AI in Hemp:

AI is poised to revolutionize the future of hemp product development. As technology advances and becomes more accessible, we can expect even more innovative and effective hemp products to emerge, contributing to a healthier, more sustainable future.

Let's work together to harness the power of AI to unlock the full potential of hemp for a brighter and healthier tomorrow.