Announcements
Nutrition Business Journal Reports CBD Product Sales in US Reached $238 Million in 2018
As of 2018, sales CBD-infused hemp oil products went up to 57% in the US as reported by the Nutrition Business Journal.
In an interview conducted for the PMMI Business Intelligence, CBD products were reported as innovative in nature as they are creating noise in the nutraceutical in industry today as reflected in the 2019 Nutraceutical Market Assessment.
As a method of approaching customer needs, CBD products are usually customized depending on consumer’s preference. Packaging therefore comes in various formats such as accurately measured CBD powders or eye drops in specified measurements. Apart from these, salves, lotions and gummies are made available in the market packed in either spray bottles or pouches.
This coming September 11, the Natural Products Expo East will be featuring the Natural Products Hemp & CBD Summit. The said event is aimed towards understanding the current state of CBD and its demand in today’s market.
For those who are interested in innovative nutraceutical packaging and various packaging challenges, you might want to spend some time at the Pack Expo in Las Vegas this coming September 23, 24 & 25. This event will feature a wide variety of machineries and materials necessary in the achievement of new packaging ideas.