#CBD Oil Market Forecast

[insightfulblogz]

CBD Skincare Product Market Trends, Growth, Top Companies, Revenue, and Forecast to 2032

CBD (cannabidiol) skincare products have gained immense popularity in recent years, thanks to their potential therapeutic benefits for the skin. Derived from the cannabis plant, CBD is known for its anti-inflammatory, antioxidant, and moisturizing properties, making it a valuable ingredient in skincare routines. CBD skincare products come in various forms, including creams, serums, balms, and oils, and are used to address conditions such as acne, eczema, dryness, and signs of aging. As consumers seek more natural and holistic approaches to skincare, CBD-infused products have emerged as a significant trend in the beauty and wellness industries.

The CBD Skin Care Product Market size was valued at US$ 5841.52 million in 2023 and is projected to reach US$ 9033.12 million by 2031, with a growing CAGR of 5.6% over the forecast period 2024-2031.

Future Scope

The future of CBD skincare products looks promising, with continued research into the benefits of CBD on skin health. Advances in product formulations, including the use of nano-encapsulation technology, are expected to improve the delivery and absorption of CBD into the skin, enhancing its efficacy. The regulatory landscape for CBD products is also evolving, which could lead to clearer guidelines and more widespread adoption of CBD-infused skincare solutions. Additionally, the rising demand for sustainable and organic skincare products is likely to drive innovation in CBD skincare, with more brands offering eco-friendly and ethically sourced ingredients.

Trends

Several trends are shaping the CBD skincare market, including the growing consumer preference for clean beauty products that are free from harmful chemicals and additives. CBD’s potential as an anti-aging ingredient is another significant trend, with many products now focusing on reducing wrinkles, fine lines, and skin discoloration. There is also increasing interest in CBD products that address sensitive skin and conditions like eczema and psoriasis, where traditional skincare products may cause irritation. Moreover, the rise of CBD-infused sunscreens and anti-pollution skincare products reflects the demand for multi-functional skincare solutions that protect and nourish the skin.

Applications

CBD skincare products are used for a wide range of skin concerns. These include treating acne, where CBD’s anti-inflammatory properties can help reduce redness and irritation. CBD is also used in products designed to alleviate dry and sensitive skin conditions such as eczema and psoriasis. Additionally, CBD’s antioxidant properties make it a popular ingredient in anti-aging products aimed at preventing and reducing the appearance of fine lines, wrinkles, and dark spots. The soothing and moisturizing qualities of CBD make it suitable for daily skincare routines, providing a natural solution for maintaining healthy, glowing skin.

Key Points

CBD skincare products offer anti-inflammatory, antioxidant, and moisturizing benefits.

Future advancements include improved delivery systems and broader regulatory clarity.

Trends include clean beauty, anti-aging, and solutions for sensitive skin conditions.

Applications span acne treatment, eczema relief, anti-aging, and daily skincare routines.

Conclusion

CBD skincare products have made a significant impact on the beauty and wellness industries, offering consumers natural and effective solutions for various skin concerns. As research into CBD’s benefits continues, the future of these products looks even more promising, with advancements in technology and formulation set to improve their effectiveness. With rising demand for clean, sustainable, and multi-functional skincare products, CBD is poised to remain a key ingredient in the evolving world of beauty and skincare.

Read More Details: https://www.snsinsider.com/reports/cbd-skin-care-product-market-1023 

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[tamanna31]

Industrial Hemp Market Size, Share, Growth, Analysis Forecast to 2030

Industrial Hemp Industry Overview

The global industrial hemp market size was estimated at USD 5.49 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.5% from 2024 to 2030. The growth is driven by the rising product demand from application industries, such as food & beverage, personal care, and animal care, across the globe.

Growing demand for hemp products including fiber, seed, stalks, hurds, and oils from the aforementioned application industries is expected to drive market growth. Industrial hemp production is associated with several agricultural and environmental benefits. With its fast growth period of 120-150 days and significant biomass yield, hemp enables efficient use of agricultural land. It is useful in carbon sequestration as it yields a large amount of biomass along with providing a useful break in crop rotation

Gather more insights about the market drivers, restrains and growth of the Industrial Hemp Market

Global Industrial Hemp Market Report Segmentation

This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the industrial hemp market report based on product, source, application, and region:

Product Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Seeds

Fiber

Shivs

Source Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

Conventional

Organic

Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Animal Care

Textiles

Automotive

Furniture

Food & Beverages

Paper

Construction Materials

Personal Care

Other

Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Spain

Italy

The Netherlands

Asia Pacific

China

India

Japan

Australia

New Zealand

Central & South America

Brazil

Middle East & Africa

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global HDPE and LLDPE geomembrane market size was estimated at USD 1.36 billion in 2023 and is expected to grow at a CAGR of 5.6% from 2024 to 2030. 

The global industrial vending machine market size was valued at USD 3.01 billion in 2023 and is anticipated to grow at a CAGR of 9.8% from 2023 to 2030.

Key Companies & Market Share Insights

Industry players produce large-quantity and high-quality industrial hemp along with a wide range of variants, in terms of seed size and oil composition. Potential yields and processing methods, technologies used for processing, along with the cost of production and returns, play a major role in driving the competition in the industry. Industrial hemp companies are focusing on increasing product cultivation and processing facilities in economies where the plant can be grown legally. Major industry players are investing heavily in R&D activities to achieve high yields from cultivation. These players offer diverse varieties of hemp-derived products and can penetrate large markets.

In January 2023, HempMeds Brasil launched two new full-spectrum products. These new products were created to suit the new requirements of Brazilian doctors who intend to suggest it to their patients.

In October 2021, HempFlax Group announced an investment of about USD 3.2 million in the advancement of its Dutch headquarters. Out of this, about USD 1.9 million is to be spent on machinery improvements, which is expected to double the hemp fiber processing capacity from 3 tons per hour to 6 tons per hour. The upgrades are expected to allow the company to reduce its operational period from 24 to 16 hours per day, lowering energy consumption while improving productivity.

Key Industrial Hemp Companies:

Parkland Industrial Hemp Growers Cooperative Ltd.

CBD Biotechnology Co.

Botanical Genetics, LLC

Marijuana Company of America Inc.

HempMeds Brasil

Terra Tech Corp.

American Cannabis Company, Inc.

HempFlax B.V.

Industrial Hemp Manufacturing, LLC

American Hemp

Hemp, Inc.

Boring Hemp Company

Plains Industrial Hemp Processing Ltd.

Ecofiber Industries Operations

Valley Bio Limited

Order a free sample PDF of the Industrial Hemp Market Study, published by Grand View Research.

[soumyafwr]

Cannabidiol Oil (CBD Oil) Market Analysis, Size, Share, and Forecast 2031

[ravinderimarc]

The global cod liver oil market hit $90.1M in 2023 & is projected to reach $152M by 2032 (CAGR 5.98%). Research on CBD's liver health benefits & a rise in natural wellness drive this growth.

[nidhi0]

Rising Preference for Natural Products to Boost CBD Skincare Market

As per a new market research report by Inkwood Research, the Global CBD Skin Care Market is anticipated to progress with a CAGR of 21.97% during the forecast period, 2024-2032.

The comprehensive report spans 118 pages, featuring 97 market data tables and 71 figures. It provides an in-depth analysis of the Global CBD Skin Care Market by Source, User Demographic, Product Type, Price Range, Packaging, Distribution Channel, and Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/cbd-skincare-market/

This insightful report by Inkwood Research delves into market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. Covering all aspects of the CBD skin care product market, the report offers valuable insights for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs from industry professionals across the value chain.

Global CBD Skin Care Market Scenario

Cannabidiol (CBD), derived from cannabis plants, has emerged as a key ingredient in skincare formulations. Notable for its non-psychoactive nature, CBD is gaining popularity in the skincare industry due to its medicinal qualities, particularly its recognized antioxidant and anti-inflammatory properties. This has driven the widespread adoption of CBD isolate in skincare products.

CBD skin care products are increasingly favored by consumers who prefer natural cosmetics and holistic approaches to beauty and wellness. This trend reflects significant advancements in the CBD beauty products market, driven by a growing awareness of CBD's potential benefits and a shift towards organic skin care products. The demand for CBD-infused skin care is expanding rapidly, fueled by consumers seeking alternative therapies for various skin conditions. This surge in interest is part of a larger trend towards self-care, which has seen a notable increase due to a heightened focus on health and wellness, as well as increased time spent at home. Notably, the shift in consumer behavior has accelerated market growth, particularly evident in the substantial rise of online sales channels.

The Global CBD Skin Care Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for the Global CBD Skincare Market by Product Type, Source, User Demographic, Price Range, Packaging, Distribution Channel, & by Geography: https://inkwoodresearch.com/reports/cbd-skincare-market/request-free-sample

Market Segmentation

Market by Source:

Natural and Organic

Hemp-Derived CBD

Marijuana-Derived CBD

Synthetic

Market by User Demographic:

Male

Female

Market by Product Type:

CBD Oil

Cream

Moisturizer and Lotions

Balm

Lip Balm

Eye Balm

Mask & Serum

Face & Body Cleanser

Soap

Other Product Types

Market by Price Range:

Economic

Premium

Market by Packaging:

Pump and Dispensers

Tube

Jar/Bottle

Stick

Other Packaging

Market by Distribution Channel:

Supermarket/Hypermarket

Specialty Store

Pharmaceutical Store

Departmental Store

Online Retail

Other Distribution Channels

 Report Highlights

- Detailed analysis of current and future market trends to identify investment opportunities.

- Market forecasts till 2032, using estimated market values as base numbers.

- Key market trends across business segments, regions, and countries.

- Key developments and strategies observed in the market.

- Market dynamics such as drivers, restraints, opportunities, and other trends.

- In-depth company profiles of key players and upcoming prominent players.

- Growth prospects among emerging nations through 2032.

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

Companies Profiled

•           VERTLYBALM LTD

•           TILRAY BRANDS INC

•           SWISS ORGANIC PARTNERS AG

•           PURA EARTH

•           MYADERM

•           KIEHL'S LLC

•           KAPU MAKU LLC (POPULUM)

•           ISODIOL INTERNATIONAL INC

•           HERBIVORE BOTANICALS

•           ENDOCA BV

•           MEDICAL MARIJUANA INC

•           ELIXINOL GLOBAL LIMITED

•           CBD FOR LIFE

•           CANNUKA LLC

•           EARTHLY BODY

FAQs

1. What are the key factors driving the growth of the CBD Skincare Market?

Answer: The growth is driven by the increasing awareness of CBD’s potential benefits, such as its antioxidant and anti-inflammatory properties, the rising preference for natural and holistic skincare products, and the surge in demand for alternative therapies for various skin conditions.

2. What trends are shaping the CBD skincare market?

Answer: Key trends include the growing preference for natural and organic skincare products, increased consumer awareness of the benefits of CBD, and a rise in online sales channels.

3. What opportunities exist for new entrants in the CBD skincare market?

Answer: New entrants can capitalize on the growing demand for CBD-infused skincare, the shift towards organic and natural cosmetics, and the expanding online retail market. Additionally, innovations in product formulations and packaging can offer significant growth opportunities.

Contact Us:

Inkwood Research

169, Harrison Avenue

Boston, MA 02111

Tel: 1-(857) 293-0150

Email: sales@inkwoodresearch.com

Website: www.inkwoodresearch.com

About Us:

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

[amey-inkwood]

From Niche to Mainstream: The Booming CBD Skincare Market

According to Inkwood Research, the global CBD skincare market is anticipated to register a significant CAGR of 21.97% during the forecast period from 2024 to 2032. CBD-infused skincare products have witnessed a notable surge in popularity, carving a niche across a wide range of offerings – from serums and sunscreens to chapsticks, lotions, and cleansers.

This rise in demand can be attributed to individuals seeking relief from conditions such as sleep disorders, anxiety, and chronic pain, given that CBD has applications in both oral and topical treatments.

Consequently, the CBD skincare market has expanded its reach, venturing into high-performance cosmetics and specialized products tailored for sensitive and acne-prone skin. CBD’s incorporation into various skincare formulations has become increasingly prevalent in beauty supply stores, catering to a growing market segment seeking alternative solutions for skin-related concerns.

Request a FREE sample of the CBD Skincare Market : https://www.inkwoodresearch.com/reports/cbd-skin-care-market/#request-free-sample 

CBD Skincare Market: Just Another Fad or Does CBD Really Work?

CBD skin care benefits include improving the appearance of aging skin, lowering inflammation, brightening the complexion, and various other advantages. It also has strong antioxidant qualities, enabling it to reduce the visible symptoms of free radical damage. CBD-infused skincare has been found to regulate various processes in the skin, including:

CBD plays a role in the skin’s immune response and inflammation, which can help lessen the redness and swelling caused by common skin diseases.

The ingredient regulates cell proliferation and differentiation, essential for maintaining healthy skin and preventing skin problems.

It may influence sebum production in the skin, which can cause skin oiliness and lead to the development of skin-related conditions such as acne.

In addition to regulating skin sensitivity, CBD also helps control sensations like pain and irritation.

Anti-inflammatory and antioxidant qualities are fundamental elements in effective anti-aging formulations. Conversely, for skincare tailored to acne-prone skin, a combination of anti-inflammatory effects and sebum regulation is crucial.

Extensive research has established that CBD oil exhibits potent anti-inflammatory properties upon topical application. Leveraging CBD in skincare formulations not only addresses inflammation but also provides soothing benefits, particularly beneficial for sensitive skin, thereby promoting a healthier complexion for those prone to acne.

 Available Formulations in the CBD Skincare Market

CBD-infused products include elixirs, serums, correctors, and moisturizers that address a variety of skin issues. These products are made using broad-spectrum CBD oil, full-spectrum CBD oil, as well as CBD isolate.

- Full-spectrum CBD oil has all of the chemicals found in hemp, including trace quantities of THC.

- Broad-spectrum CBD oil contains a variety of terpenes, CBD-derived cannabinoids, and flavonoids, but no THC.

- CBD’s purest form is available as CBD isolate, ideal for facial skin since it is pure, does not clog pores, and contains skin-rejuvenating antioxidants.

So far, there is no consensus on CBD dosage for topical application, and some cosmetic products will specify the CBD content in milligrams. Others, on the other hand, will specify a percentage, which represents how much CBD is utilized in the product. The most typical recommendation for CBD content in cosmetics is around 1%, but concentrations can vary significantly.

Stay up-to-date with what’s trending in the Global CBD Skincare Market : https://inkwoodresearch.com/global-cbd-skincare-market/ 

 Overcoming CBD Skincare Market Regulatory Hurdles

CBD skincare providers working with CBD should be aware of current regulatory considerations as well as the limited evidence available for cosmetic use. Several nations have already amended their national laws to allow CBD-infused products as therapeutics; however, cosmetic standards are constantly changing and shifting legality over the world.

In this regard, the FDA in the United States has continued to issue warning letters to CBD skincare brands for several years, with a significant increase in 2019. Most places permitting the use of CBD oil have regulations that require the oil to contain minimal or no THC.

Ongoing research on cannabis phytochemicals and their medicinal applications is limited, owing mostly to legal issues; as a result, existing data on their safety and efficacy is limited. Greater regulation of CBD and additional research will push forward developments and its use in a broader fashion. This is especially true for the CBD skin care industry, subsequently boosting its applications in the global CBD skincare market during the forecast period.

In conclusion, the CBD skincare market is poised for significant growth, driven by increasing demands for CBD skincare products, particularly CBD skin care oils, and the rising preference for natural cosmetics and organic skin care products. The production of cannabis-based products and CBD beauty products is expanding, reflecting the growing interest in cannabis in skincare products and personal care products. The CBD-based cosmetic products segment is set to thrive, catering to consumers seeking effective, natural, and holistic skin care routines.

Frequently Asked Questions (FAQs):

1. Is CBD skin care effective for acne?

A: The adoption of CBD skincare products can be useful for acne since it has anti-inflammatory characteristics that help reduce the redness and swelling associated with acne breakouts. Additionally, CBD’s ability to regulate oil production can help prevent acne.

2.  How can CBD cream benefit the face?

A: When applied to the face, CBD-infused cream can provide hydration and reduce inflammation, making it useful for conditions such as dry skin, redness, and irritation. Its antioxidant capabilities also serve to shield the skin from external stresses.

3. Can CBD benefit your skin?

A: Yes, CBD skincare products are generally beneficial to the skin, and the demand for CBD skincare products is rising due to their moisturizing, anti-inflammatory, and calming effects. These properties can help address a number of skin issues, adding to overall skin health.

4. Is CBD-infused cream effective for pain?

A: Some CBD-infused cream formulations show promise for addressing pain, thereby boosting the adoption of CBD skincare products—but it’s also worth noting that the effectiveness of a CBD-infused cream for pain management can vary according to the individual, the level of pain, and the quality of the CBD cream formulation.

[market-insider]

Legal Marijuana Market: Investment Strategies and Financial Outlook

The global legal marijuana market size is expected to reach USD 102.24 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 25.7% from 2024 to 2030. Increase in rate of legalization of marijuana for medicinal and adult-use/recreational marijuana, growing adoption of these products for the treatment of chronic ailments and rise in a number of new product launches are the primary factors responsible for the growth of the market. For instance, in March 2023, Irwin Naturals Inc., a herbal supplement formulator, introduced company's’ new CBD 25mg Softgels in Canada. It is available through the Starseed Medicinal Medical Group platform across the nation.

Legal Marijuana Market Report Highlights

By application, medical segment accounted for the largest revenue share of 79.1% in 2023 owing to the high demand among healthcare practitioners and patients for medicinal marijuana.

By product type, oil and tinctures held the largest market share in 2023 owing to low price and ease of accessibility of flowers compared to other products.

In 2023, North America dominated the overall market with a revenue share of 76.0% owing to its large consumer base, North America was among the first regions to legalize the use of medical and recreational cannabis. 

For More Details or Sample Copy please visit link @: Legal Marijuana Market Report

In April 2022, New Jersey legalized recreational and medical marijuana, and it is being sold at 13 facilities. This move has made New Jersey one of the 18 states in the United States where recreational marijuana is legal. The market is experiencing growth due to the widespread acceptance of cannabis and its high demand. Since its legalization, the use of marijuana in medical treatments has increased, leading to a decrease in the illegal trade of cannabis. According to a study conducted by New York University, the usage of cannabis among individuals aged 50-64 has doubled in the last decade and has now reached 9.0%.

Moreover, price of legal marijuana is lower than medical marijuana, and taxes would be levied on marijuana products after its legalization. Therefore, cultivators are focusing on cultivating marijuana in areas that are exempt from taxes. For instance, in New York, marijuana cultivators are focusing on tribal regions to get exempted from the taxes levied by the government. This is expected to lower the overall cost of cultivation of marijuana in the state, and cultivators can sell marijuana at lower prices. Lower prices of marijuana are further anticipated to boost the adoption of marijuana in the market.

List of major companies in the Legal Marijuana Market

Canopy Growth Corporation

AURORA CANNABIS INC.

Tilray Brands Inc. (Aphria, Inc.)

ABcann Medicinals, Inc. (VIVO Cannabis Inc.)

The Cronos Group

MARICANN INC.

Organigram Holdings Inc.

Lexaria Bioscience

GW Pharmaceuticals (Jazz Pharmaceuticals, Inc.)

For Customized reports or Special Pricing please visit @: Legal Marijuana Market Forecast Report

We have segmented the global legal marijuana market on the basis of application, product type, and region.

Legal Marijuana Application Outlook

Medical

Adult Use

Legal Marijuana Product Type Outlook

Flower

Oil & Tinctures

Legal Marijuana Regional Outlook

North America

Europe

Asia Pacific

Latin America

Middle East and Africa (MEA)

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Contact:

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll-Free: 1-888-202-9519

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Web: https://www.grandviewresearch.com

Explore Horizon, the world's most expansive market research database

#LegalMarijuana #CannabisIndustry #MarijuanaMarket #CannabisBusiness #MarijuanaLegalization #CannabisEconomy #MedicalMarijuana #CannabisTrends #MarijuanaInvesting #CannabisRegulation #MarijuanaBusiness #CannabisCommunity #LegalWeed #MarijuanaPolicy #CannabisGrowth #MarijuanaResearch #CannabisInnovation #GreenEconomy #CannabisJobs #WeedEconomics #CannabisLaws #MarijuanaMarketing #CannabisCulture #HempIndustry #CannabisRetail

[rupalic]

Pet Food Ingredients Market Will Hit Big Revenues In Future

The pet food ingredients market refers to the industry involved in producing the various components that go into pet food, such as proteins, grains, vitamins, and minerals. This market is driven by the increasing demand for high-quality and nutritious pet food, as pet owners become more conscious about their pets’ health and well-being. The global pet food ingredients market size is projected to reach USD 47.4 billion by 2028 from USD 34.2 billion by 2023, at a CAGR of 6.8% during the forecast period in terms of value.

Know about the assumptions considered for the study: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147

How does the increasing acceptance of cannabidiol(CBD) in various regions contribute to the opportunity for the pet food ingredients industry?

Pet owners are increasingly seeking natural approaches to pet health, driving a trend toward wellness-focused pet products. This aligns perfectly with the potential of cannabidiol (CBD), a cannabis derivative gaining attention for its therapeutic benefits in pets.

CBD is believed to have calming and anti-inflammatory properties, potentially helping pets with anxiety, stress, or certain health conditions. Growing consumer education about these benefits, coupled with a more accepting regulatory landscape, opens doors for innovative pet food formulations containing CBD.

This presents a significant opportunity for the global pet food ingredients industry. Manufacturers can cater to a growing segment seeking alternative, natural solutions for their pets’ well-being. The trend reflects not just pet owner preferences but also a broader shift toward health-conscious and natural pet products, making CBD-infused pet food a potential market winner.

Schedule a call with our Analysts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=147

North America holds a dominant position in the global pet food ingredients market

North America’s dominance in the pet food ingredients market is underpinned by its mature industry, characterized by numerous established manufacturers and distributors. This robust infrastructure facilitates the efficient sourcing and production of a diverse range of pet food ingredients. The proliferation of e-commerce has further bolstered accessibility for pet owners across the region, offering them convenient access to a wide selection of pet food options, including those with unique or specialized ingredients. This increased accessibility contributes to a growing demand for various pet food ingredients. Moreover, North America benefits from large and efficient manufacturing facilities, enabling economies of scale in ingredient production. Consequently, this enhances cost-effectiveness and solidifies the region’s leading position in the pet food ingredients industry.

The meat & meat products segment dominated the market in North America owing to their demand in the region. This drives the demand for meat and meat products in the North American pet food market. As a rich source of amino acids, fatty acids, vitamins, and minerals, meat plays a crucial role in supporting pets' overall growth, development, and immune system function. Additionally, meat enhances the palatability of pet food, making it more appealing to animals compared to other ingredients.

Key Questions Addressed by the Pet Food Ingredients Market Report

How big is the pet food ingredients market?

What drives the market for pet food ingredients?

Name Pet food companies that are using fish oil in their food.

Who will be the leading hub for global pet food ingredients market

Are there any challenges affecting this industry, as per the pet food ingredients market forecasts?

Categorization of Pet Food Ingredients Market by Source:

Animal-based

Taste Masking

Plant derivatives

Synthetic

How do cereals contribute to the nutritional content of pet food?

Cereals secure a substantial position in the pet food ingredient market, holding the second-largest share. This prominence can be attributed to the significant role cereals play in providing essential nutrients, particularly carbohydrates, in pet food formulations. Common cereal ingredients like rice, wheat, corn, and barley are rich sources of energy, fiber, and other vital nutrients. Pet food manufacturers often incorporate cereals to create well-balanced and cost-effective formulations. Additionally, cereals can contribute to the texture and palatability of pet food products. The popularity of cereals in pet food aligns with the nutritional requirements of pets and offers a versatile ingredient option for formulating various types of pet foods, from kibble to treats.

Top Companies in the Global Pet Food Ingredients Market

BASF SE (Germany), Darling Ingredients Inc (US), Cargill, Incorporated (US), Ingredion (US), DSM (Netherlands), Omega Protein Corporation (US), ADM (US), Kemin Industries, Inc (US), Chr. Hansen Holding A/S (Denmark), Roquette Frères (France), The Scoular Company (US), Symrise (Germany).

3D Corporate Solutions (US), Hydrite Chemical (US), AFB International (US), Gillco Ingredients (US), SARIA International GmbH (Germany), Green Source Organics (US), Biorigin (Brazil), Zinpro (US), APS Phoenix LLC (US), LaBudde Group Inc (US), FoodSafe Technologies (US), DuPont Nutrition & Health (US), and Eurotec Nutrition Group (Thailand).

Pet Food Ingredients Industry Growth Drivers

The pet food ingredients market is experiencing significant growth, largely fueled by a notable increase in pet expenditure, particularly on premium pet food. Pet owners are increasingly prioritizing high-quality and innovative ingredients, a trend known as premiumization, driven by a growing awareness of pet health and nutrition. This shift in consumer behavior directly drives the demand for diverse and superior pet food ingredients. Manufacturers are under pressure to innovate and improve formulations to align with evolving pet owner preferences, leading to a surge in demand for ingredients that enhance overall well-being, taste, and nutritional value. Furthermore, the perception of pets as integral family members further strengthens the connection between heightened pet expenditure and the demand for premium pet food ingredients, resulting in sustained growth in this market segment.

[nidarsanafwr]

CBD Oil and CBD Consumer Health Market Size, Analysis and Forecast 2031

[helthcareheven]

Exploring CBD's Impact: Market Trends and Consumer Insights

The cannabis sativa plant contains over 100 cannabinoids, with cannabidiol (CBD) and tetrahydrocannabinol (THC) being the primary active components extracted and isolated for commercial use. CBD is a non-intoxicating cannabinoid found in cannabis and hemp plants. It has been used to treat various medical conditions such as chronic pain, nausea, anxiety, depression and insomnia due to its antioxidant and neuroprotective properties. CBD products are available in various forms such as oils, tinctures, gels, creams and soft gels. The need for CBD products has been increasing owing to the legalization of cannabis derivatives and awareness about the therapeutic benefits of CBD in managing medical conditions without the psychoactive effects of THC.

The global cannabidiol market is estimated to be valued at US$ 323.23 million in 2024 and is expected to exhibit a CAGR of 4% over the forecast period of 2023 to 2030. Key Takeaways Key players operating in the cannabidiol market are Geographically, the anesthesia gas evaporator market has been classified into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America hold the major share due to higher per capita income and technological advancement. Also, rise in health concerns among the people formed a major factor for rise in surgical and minimally invasive procedures in the U.S. According to American Society of Plastic Surgeons (ASPS), around 15.9 million surgical and minimally-invasive cosmetic procedures performed in the U.S. in 2015 which showed a 2% increase over 2014. The increasing legalization of cannabis and rising awareness about the therapeutic properties of CBD provide lucrative growth opportunities. Many countries and states have legalized the use of CBD products derived from hemp containing less than 0.3% of THC. Around 7.8 million Americans are estimated to have used legal CBD in 2020 according to Brightfield Group. Key companies are focusing on geographical expansion to penetrate developing regions having lenient CBD regulations such as Asia Pacific and Latin America. Companies are investing in new product development and acquisitions to consolidate their market share globally. Market Drivers Increasing legalization of cannabis derivatives: Legalization of cannabis and THC/CBD-containing hemp derivatives for medical and recreational adult use in various countries is expected to fuel the CBD market growth over the forecast period. This alleviates the restrictions over processing, distribution and retail of CBD-infused products. Awareness about therapeutic properties: With increased scientific research validating the therapeutic effects, consumers are gaining awareness about CBD’s benefits in easing symptoms of medical conditions such as epilepsy, multiple sclerosis and chronic pain. This drives its demand for both medical and wellness applications. Market Restraints Stringent regulations over CBD content: Distributors and manufacturers face challenges regarding varying regulations defining the maximum permissible levels of THC in CBD derivatives across different regions. Products violating these norms are at risk of facing legal consequences. Limited clinical evidence and research: More extensive clinical studies are still required to validate the therapeutic efficacy, safety, optimal dosage and potential drug interactions. This hinders the widespread adoption of CBD till now. Segment Analysis The cannabidiol market can be segmented based on product type into hemp-derived CBD and marijuana-derived CBD. Presently, the hemp-derived CBD segment dominates the market as it is legal in most parts of the world. Hemp-derived CBD is easily available, affordable, and has various therapeutic applications like reducing inflammation, pain, and anxiety. This wide demand and legal acceptance has made hemp-derived CBD the dominant segment currently. Global Analysis North America holds the largest share in the global cannabidiol market. Higher healthcare spending, presence of major players, and growing legal acceptance of marijuana drive the North America cannabidiol market. Within North America, the U.S. dominates due to presence of major companies and favorable laws allowing CBD products. The Asia Pacific region is expected to grow the fastest during the forecast period due to rising disposable incomes, growing health awareness, and relaxation of laws regarding CBD items in certain countries. China, India, Japan, and Australia are major markets in Asia Pacific supporting the regional growth of the cannabidiol industry. Rapidly developing healthcare sector also assists market expansion across Asia Pacific.

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Effervescent Escapes: Discover Our Bath Bomb Wonderland

Bath Bombs Market will grow at highest pace owing to increasing awareness about self-care products The bath bombs market has witnessed significant growth in recent years on account of rising demand for personal care and relaxation products. Bath bombs are innovative bath products made from a mixture of dried citric acid and bicarbonate soda that slowly dissolves in water and releases various essential oils, fragrances and colors. Some key ingredients used in bath bombs include shea butter, coconut oil, baking soda, essential oils, witch hazel, fragrance oils etc. These ingredients provide aromatic and moisturizing properties to the skin on contact with water during bathing. Bath bombs are being increasingly used as an effective way to de-stress and relax the body and mind after a hectic day. The availability of bath bombs in various fragrances such as lavender, rose, lemon etc. also appeals to different tastes and preferences of consumers. The Global Bath Bombs Market is estimated to be valued at US$ 138.36 Bn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the bath bombs market are Lush Ltd., Body Shop International Limited, The Village Company LLC, Pearl Bath Bombs, Hugo Naturals, Level Naturals, Swanky Sweet Pea, Heavenly Bubbles Ltd, The Natural Soap Company, and Oliver Rocket LLC. Key players are focusing on product innovation and launching natural and organic bath bomb formulations to cater to the growing demand. The demand for bath bombs is growing significantly owing to increasing awareness about self-care regimes and benefits of aromatherapy. Consumers are actively incorporating bath care rituals in their regular self-care routines to relieve stress. Growing demand for premium and luxury bath and body products is also contributing to market growth. Technological advancements have led to development of innovative bath bomb formulations incorporating natural ingredients and essential oils. Advanced ingredient blending techniques allow creation of colored bath bombs with longer fizzing time for enhanced consumer experience. Sustainable and eco-friendly packaging options are also gaining traction in the bath bombs market. Market Trends Rise in demand for CBD infused bath bombs: With growing legalization of cannabis products, CBD infused bath bombs are gaining popularity for their therapeutic and relaxing properties. Key players are launching varieties with CBD extracts for benefits like pain relief. Growing demand for customized bath bombs: Companies are offering customized labeling and scent options to cater to personalized needs of consumers. This has boosted their appeal as gifting items for special occasions.

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https://theomnibuzz.com/cannabidiol-oil-cbd-oil-market-analysis-size-share-and-forecast-2031/

Cannabidiol Oil (CBD Oil) Market Analysis, Size, Share, and Forecast 2031