One of the new trends in the wellness industry is the rise of cannabidiol, or CBD. It’s been getting so popular due to a variety of health benefits, but is it actually that helpful? Continue reading to learn about the current state of the CBD industry and some predictions in that field.
What is CBD?
Before discovering the trends and predictions for the future of CBD, it’s better to figure out what it is and why it’s getting so widespread. Basically, CBD is just a compound of the cannabis plant, and unlike THC, another component of cannabis, it’s not intoxicating. So it’s a great option for people who don’t want to experience a euphoric high, yet want to get all the potential benefits.
Research suggests that CBD can be a great remedy for various health issues. People struggling with depression, anxiety, pain or inflammation use it to cope with the symptoms. It’s been the subject of numerous studies, some of them suppose that CBD can be beneficial for people dealing with anxiety and stress. Also, people take hemp products for restful sleep or when they want to support their overall condition and well-being.
The Current State of the CBD Industry
Over the past years, the CBD industry has grown a lot. Nowadays, many people are turning to CBD because of all the potential benefits. Moreover, this market is expected to reach $20 billion by 2024 in the United States, so the tendency of using CBD products to cope with various health issues is going to continue.
Right now, one of the most popular forms of CBD is tinctures or oils. They’re quite potent, and they’re convenient to take. The next popular forms on the list are capsules, topicals, and vaping products. Also, CBD-infused products like edibles and beverages have gained popularity, with more people looking for discreet ways to consume CBD.
Moreover, CBD has gained attention from investors and entrepreneurs, besides just consumers. It results in a variety of companies producing CBD products, and nowadays, there’s a great selection of products for people to choose from.
Trends in the CBD Industry
It’s possible for new interesting trends to emerge in the near future, since the CBD industry is constantly growing. Here are some predictions about that:
Many people are confused and concerned about the legal status of CBD products. Currently, the CBD industry is unregulated, but more regulations are expected to be put in place. It’ll help ensure that CBD products are actually safe and high-quality.
Increased Diversity of Products
More companies are entering the market, so it seems that there’s going to be an increase in the diversity of CBD products. New delivery methods, flavors, or formulations can emerge in the coming years.
Additionally, more research can be done on the science of CBD. There are already many studies on this subject, but it’s likely that researchers will explore more effective dosages and delivery methods, and even new potential benefits and uses for CBD.
Since more people discover and prove the potential benefits of CBD products, they can become more accepted in society. Increased awareness and education about CBD and its effects and more CBD-infused products on the market can’t be for the worst.
It seems that CBD in the wellness industry is not going to slow down. The CBD industry is getting widely accepted, leading to more people discovering the benefits and being interested in the growth of this field. Increased regulation, more research, new products, and other factors will definitely take CBD to a new level in the wellness industry.