The flavored CBD powder market saw soaring growth in 2021 with worldwide revenues. A new forecast estimates that flavored CBD powder revenue will nearly double by 2031.

As consumers increasingly seek anti-anxiety impact, healthy options, and convenience and sustainability in their foods to fuel their on-the-go lifestyles, the face of flavored CBD powder is changing. Moreover, consumers are constantly on the lookout for clean label ingredients that are also fit for consumers with allergies or restricted diets, without compromising out on mouthfeel.

Moreover, due to growing consumer interest in products that are rich in antioxidants and omega-3 fatty acids, there is aggregate demand for flavored CBD powder as it is extensively manufactured by food producers as an element owing to preference from consumers.

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Also, new product launches have played a dynamic role in assisting the extensive penetration of flavored CBD powder in the global market. For example, NewAge Inc. in August 2020 launched its clean label, sustainably grown, and simple alcoholic flavored CBD powder with non-GMO labeled certified and do not contain artificial flavors and sugar.

Flavour Creativity and Nutrition to Drive Flavored CBD powder Demand Globally

With the rising consumption of natural products, consumers are strongly influenced by the nutritional benefits of flavored CBD powder and the added benefits of proteins, fiber, fats, vitamins, and minerals. Moreover, consumers strongly agree that flavored CBD powder enriches the taste of other food while being used as an ingredient.

Additionally, the importance of flavors that meet the expectations of more demanding and health-conscious consumers is therefore key. Innovation and distinctiveness need to be combined with consumer appeal and labeling considerations.

Growing Application of Flavored CBD powder Segment to Encourage the Market’s Growth Trajectory

The rising preference for international cuisines, availability of a wide variety of international brands of flavored CBD powder, and growing demand for no preservatives and natural flavors contribute to the growth of the flavored CBD powder market. The dynamics assisting the growth of the market are the consumer’s preference towards gluten-free diets and plant-based alternatives.

Flavored CBD Powder Market: Key Players

Some of the key players manufacturing flavored CBD powder market are as follows-

Tilray

G&Juice

NewAge Inc.

Aurora Cannabis

General Cannabis

CBD Biotechnology Co. Ltd

Puration

Honey Drop Beverages among others.

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Flavored CBD Powder Market Report Highlights:

Detailed overview of the parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

Flavored CBD Powder: Market Segmentation

Based on Product Type:

Alcoholic

Non-Alcoholic

Based on Nature:

Organic

Conventional

Based on CBD Type:

Hemp-Derived

Marijuana-Derived

Synthetic

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Based on Region:

North America

U.S. and Canada

Latin America

Mexico, Brazil, Peru, Chile, Argentina and others

Western Europe

Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg

Eastern Europe

Poland and Russia

Asia Pacific

China, India, Japan, South Korea, Malaysia, Indonesia, Australia, and New Zealand

The Middle East and Africa

GCC, Southern Africa, and North Africa

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