The Asia-Pacific Anti-Microbial Coatings market is anticipated to grow at a considerable CAGR of 28.8% during the forecast period (2021-2027). The factors such as the increasing prevalence of sleep abnormalities and epilepsy among various Asia-Pacific countries population including China is majorly driving the popularity of CBD gummies in the region. For instance, according to a Public Library of Science (PLOS) study published in March 2021, covering 430,422 adolescents in China, out of which 104,802 had sleep disturbances thereby the total prevalence rate was 26%. Adolescents in senior high school (28%, 95%) had a higher prevalence of sleep disturbances than those in junior high school (20%, 95%). Moreover, according to an article published by The Lancet Neurology, there are approximately 10 million epileptics in China. In China, there is a significant treatment gap for epilepsy, which is primarily caused by deficiencies in healthcare delivery and social discrimination due to cultural beliefs about epilepsy, therefore this factor drives the market for CBD gummies that are easy to consume orally.
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Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in May 2019, Elixinol Global Ltd a partnership with Cambrian Alliance (CA), one of the biggest buying groups for independent pharmacies in the UK. The collaboration gives CA members access to Elixinol brand products, an exclusive launch offer package, point of sale material, and staff training. In support of the partnership, Elixinol is developing an interactive training framework for CA members. This framework will assist members in explaining the various benefits of Elixinol products to their customers while also maximizing CBD revenue opportunities.
Market Coverage
o By Concentration
o By Distribution Channel
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Asia-Pacific CBD Gummies Market Report Segment
By Concentration
By Distribution Channel
Asia-Pacific CBD Gummies Market Report Segment by Geography
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