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Showing posts with the label Asia Pacific Cannabidiol (CBD) Market

Asia Pacific Cannabidiol Market Outlook 2025–2030: Growth, Trends & Emerging Opportunities

  Asia Pacific Cannabidiol (CBD) Market Overview The  Asia Pacific cannabidiol market  was valued at  USD 440.5 million in 2023  and is projected to grow significantly, reaching  USD 1.98 billion by 2030 . This represents a robust  compound annual growth rate (CAGR) of 24.1% from 2025 to 2030 . The market’s expansion is driven by a shift in regional attitudes toward hemp-based products, with rising acceptance and progressive legalization trends gaining traction across various Asia Pacific nations. Increasing consumer awareness regarding the potential therapeutic and wellness benefits of cannabidiol has led to heightened demand, fueling innovation and product diversification within the sector. In response to this surging demand, companies operating in the Asia Pacific CBD space are focusing on developing a wide array of cannabidiol-infused offerings. These include  edibles, topical formulations, and infused beverages , which cater to both medicinal...