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PRIMO Nutraceuticals $ – #CBD Nutraceuticals Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2027 $ $ $MCOA

Posted by AGORACOM-JC at 12:53 PM on Tuesday, May 5th, 2020

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CBD Nutraceuticals Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2027

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Life Science, and many more. Trade barriers are further restraining the demand- supply outlook.

As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall CBD Nutraceuticals Market globally. This report on ‘CBD Nutraceuticals Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

A nutraceutical is a pharmaceutical alternative that claims physiological benefits. Nutraceutical product is a food or fortified food product that not only supplements the diet but also assists in treating or preventing disease (apart from anemia), so it provides medical benefits. A naturally-occurring compound found in plants, cannabidiol (CBD), belongs to a family of compounds called cannabinoids. Examples of nutraceuticals are natural foods, including antioxidants, dietary supplements, fortified dairy products, and citrus fruits, and vitamins, minerals, herbals, milk, and cereals.

The CBD nutraceuticals market is anticipated to grow due to the products as they are more convenient and travel-friendly. However, the presence of alternatives like the herbal nutraceuticals, such as echinacea, and turmeric that have ruled the global nutraceuticals space for a long period, is restraining the market growth. Moreover, the growing demand for hemp protein among athletes, bodybuilders, and the vegan population is expected to drive the market for cannabidiol (CBD) nutraceuticals over the forecast period.

Key Players Influencing the Market:

1. Bluebird Botanicals
2. CV Sciences, Inc.
3. Elixinol LLC
4. Endoca BV
5. Foria Wellness
6. Garden of Life
7. Green Roads
8. Isodiol
9. Medical Marijuana, Inc.

Market Segmentation:

The CBD nutraceuticals market is segmented on the basis of product type, and sales channel. Based on product type the market is segmented as CBD tinctures, capsules & softgels, CBD gummies, others. On the basis of sales channel the market is categorized as retail stores and online pharmacies.


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