CBD Nutraceuticals Market Poised for Explosive Growth, Expected to Reach USD 39.06 Billion by 2032 | SNS Insider
With a 16.38% CAGR, the CBD Nutraceuticals Market Surges as Consumers Seek Natural Wellness Solutions and Regulatory Clarity Expands.AUSTIN, TX, UNITED STATES, February 18, 2025 /EINPresswire.com/ — According to Research by SNS Insider, the global CBD Nutraceuticals Market, valued at USD 9.75 billion in 2023, is projected to reach USD 39.06 billion by 2032, expanding at a remarkable CAGR of 16.38%.
The CBD nutraceuticals market is witnessing robust growth fueled by rising consumer demand for natural health products and the widening legalization of cannabidiol products. As more awareness of CBD’s potential therapeutic effects, including the alleviation of anxiety, pain, and sleep disorders, spreads, consumers, especially millennials and Gen Z, are opting for CBD as a substitute for man-made supplements. The market is also fueled by product innovation and regulatory advancements, broadening product lines such as gummies, beverages, and skincare.
“CBD is redefining wellness, offering consumers a natural, science-backed approach to health and longevity. With expanding legalization and rising awareness, the market is witnessing unprecedented momentum.” – SNS Insider
This news is sourced from News Wires, to read the complete article head over to their website.
