The Nutraceuticals Market Is Expected To Grow To $275 Billion By 2021

KPMG forecast that the nutraceuticals market will be worth around $250 billion by 2018, and while the exact scope of what is considered a nutraceutical is broad and variable, the products identified in the KPMG report largely fell within the GBI definition of nutraceuticals.

UNITED KINGDOM:  Humans have been consuming choice foods for their medical benefits for millennia. The ancient Egyptians had over 800 known pharmacological treatments for disease, of which 160 were plant products – including compounds being investigated for use in disease today, such as cannabis Historically, herbal medicine utilized many compounds that are now considered nutraceuticals. For Read the full article…

Legal Cannabis Market Gains Popularity

Legal cannabis hit $6.4B in 2017

NEW YORK:  The cannabis market is growing rapidly in North American. According to a report from Market Research Future, the North American market size of cannabis is expected to expand at a CAGR over 33% over the period of 2016 to 2021. The report indicates that the U.S., Canada and Mexico are the major markets for cannabis, while the Read the full article…

Marijuana Initiatives Will Add $7.4 Billion To Market

Marijuana Elections grow legal cannabis industry

CALIFORNIA:  Arcview Market Research, in partnership with New Frontier Data, have released a special election update to the official Arcview Market Research growth projections in light of victories from 8 of the 9 marijuana ballot initiatives. The passage of initiatives in California, Nevada, Massachusetts, Maine, Florida, Arkansas, Montana, and North Dakota will add $7.4 billion to Read the full article…