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The US CBD market has experienced exponential growth over the past decade. In fact, according to data collected by Statista, CBD accounted for $108 million in his product sales in 2014, and by 2022 that figure has surged to $1.9 billion.
But inflation appears to be hurting CBD sales in the US, based on insights from global measurement and data analytics firm Nielsen IQ (NIQ). From March 2022 to March 2023, sales of hemp-based CBD products fell by 10% nationwide. (According to NIQ data, hemp-based CBD products are often significantly more expensive than non-hemp CBD products, and are legal in every state, thus sustaining greater demand, driving prices higher.) there may be.)
Popular CBD Products: Which Are The Most Common?
According to Forbes Health research, US adults consume CBD in a variety of forms, with gummies and other edibles being the most popular. CBD capsules, CBD oil, and CBD tinctures are equally popular. When it comes to topical CBD applications, consumers seem to prefer her CBD lotion.
How much do consumers spend on CBD per month?
Despite tough economic times, consumers continue to spend money on their favorite CBD products. According to his 2020 survey, collected by New Frontier Data, a data, analytics and business intelligence company, 29% of CBD consumers spend at least $50 each month on their CBD, making it the highest spend related to CBD. He is 34-44 years old. CBD products.
A Forbes Health survey reported similar spending habits.
You may also be interested in CBD products from our Featured Partners
Relax Blend Mushroom Tincture
- 66mg CBD per serving
- broad spectrum CBD
- Reishi, Maitake and Turkey Support Stress and Health
- Elderberry Rich in Antioxidants
Original Mixed Berry CBD Gummies
- 50mg CBD per serving
- Broad Spectrum CBD
- All Natural Ingredients
- Natural mixed berry flavor
- No Active Ingredients Added
Ultimate Chill Blend
- 50mg CBD per serving
- full spectrum CBD
- Coconut-derived MCT oil for enhanced absorption
- Organic, Non-GMO, Vegan
wellness tincture
- 33mg CBD per serving
- Broad Spectrum CBD
- With proven antioxidants curcumin and coenzyme Q10
- Proprietary Terpene Blend for Enhanced Absorption and Effectiveness
CBD Gummies with Apple Cider Vinegar
- 50mg CBD, 1000mg apple cider vinegar per serving
- broad spectrum CBD
- 80mg organic pomegranate, an effective antioxidant
- Vitamin B12 for energy and immune function
Daily Microdose Blend Capsules
- 25mg CBD per serving
- full spectrum CBD
- Coconut-derived MCT oil for enhanced absorption
- Organic & Gluten Free
(Note: Product details and pricing are accurate as of publication date and are subject to change.)
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