Developer docs
API playgroundTry for free, no card

Search company profiles

Brightfield Group

Full company profile

uuid0009j4l

Namestring
Brightfield Group
Legal namestring
Brightfield Group, LLC
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Brightfield Group, LLC is a Chicago-based, private subscription market intelligence company founded in 2015 that serves marketing, strategy, innovation, and insights teams at consumer packaged goods (CPG) and wellness brands. The firm operates an AI-powered platform built on a proprietary longitudinal consumer panel of 100,000+ respondents and an analysis layer over 100M+ social conversations, targeting both mainstream categories (beverages, food and snacks, supplements) and regulated/emerging segments (cannabis, CBD, hemp-derived THC) that traditional research firms under-serve. The platform is delivered as a unified suite of six modules—Consumer Insights, Social Listening, Brand Health, Distribution Trends, Market Landscape, and Custom Research—accessible through a centralized subscription dashboard with real-time data access and predictive analytics that forecast category growth 12–24 months ahead. Brightfield monetizes primarily through recurring SaaS subscriptions priced at the organization level (a published entry tier of $2,000/month for the Wellness CPG Platform), supported by a dedicated account management motion and weekly client office hours. Distribution is driven by enterprise field sales targeting major CPG brands, inside sales for mid-market accounts, and a self-serve client portal, with demand generation anchored by thought leadership content, webinars, and earned media in publications such as Forbes, the Wall Street Journal, and the New York Times. The company employs 11–50 people, has not disclosed external funding, and appears to operate as a bootstrapped, founder-led firm under Managing Director Bethany Gomez.

Short descriptiontext

Brightfield Group is a Chicago-based subscription market intelligence platform that combines a 100,000+ consumer panel with 100M+ social conversations and AI-driven predictive analytics to serve marketing, strategy, and innovation teams at CPG, wellness, and cannabis brands.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersChicago, United States
HQ citystring
Chicago
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
consumer insights platform, market intelligence software, social listening analytics, CPG trend forecasting, wellness consumer research
Industry2 codes
1Customer Churn, CLV & Retention Intelligence
CodeHDAAAHACPrimaryYes
2B2B SaaS & Enterprise Personalization (CRM, Sales, Support)
CodeHDAAAGAJPrimaryNo
NAICS code3 codes
  • Marketing Research and Public Opinion Polling541910
  • Advertising Agencies541810
  • Marketing Consulting Services541613
Product category
Market Intelligence and Consumer Insights Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Subscription Platform Access
TypeSubscription Recurring
Description

SaaS subscription model providing real-time dashboard access to consumer insights, social listening, brand health tracking, market landscape data, and distribution trends. Delivered through centralized subscription platform with flexible options for team usage. Pricing is per-organization with dedicated account management and weekly office hours included.

brightfieldgroup.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
Pricing details1 tier
1Wellness Monthly Subscription - Full platform access with dedicated support
ModelSubscriptionBilling cadenceMonthly
Notes

$2,000/month for monthly access to the Wellness CPG Platform including syndicated consumer surveys, social listening integration, onboarding with dedicated Account Manager, and weekly office hours to guide users.

content.brightfieldgroup.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Brightfield Group operates a subscription-based AI-powered market intelligence platform that combines a proprietary longitudinal consumer panel of 100,000+ respondents, opt-in social media data from 100M+ conversations, and predictive analytics to deliver continuous consumer and category intelligence for CPG and wellness brands. The platform is delivered through six integrated modules—Consumer Insights, Social Listening, Brand Health, Distribution Trends, Market Landscape, and Custom Research—accessible via a centralized dashboard.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Track 12 to 24 month category growth windows with model-backed confidence
+1 more record
Product overview1 text field

Brightfield Group offers a unified AI-powered market intelligence and consumer insights platform for CPG and wellness brands. The core platform combines a proprietary longitudinal panel of 100,000+ consumers, 100M+ social conversations, and predictive analytics. The platform is delivered as an integrated suite of six modules: Consumer Insights (for demographics, psychographics, and purchase drivers), Social Listening (for real-time consumer conversation monitoring), Brand Health (for competitive benchmarking), Distribution Trends (for product movement tracking), Market Landscape (for market sizing and forecasting), and Custom Research (for bespoke solutions). All modules are accessible through a centralized subscription dashboard with real-time data access, replacing traditional one-off research reports.

Product and service6 records
1Consumer Insights
CategoryConsumer Insights Module
Description

Continuous consumer insights module integrating survey data and opt-in digital behavior to track demographics, psychographics, need states, purchase drivers, brand switching behavior, and category penetration across beverages, food and snacks, supplements, and regulated categories. Designed for marketing, insights, and innovation teams at CPG and wellness brands.

2Social Listening
CategorySocial Listening Module
Description

Real-time social listening module that monitors consumer conversations, sentiment, and product discovery patterns by analyzing both active creators and passive audiences to detect early market signals before they scale. Targets insights and innovation teams at CPG brands seeking to identify emerging ingredients, formats, and competitive brand momentum.

3Brand Health
CategoryBrand Health Module
Description

Syndicated brand health tracker that provides marketing teams with insights to build marketing scorecards, perfect messaging, and benchmark performance versus competitors in emerging markets. Combines consumer survey and social signal data.

4Distribution Trends
CategoryDistribution Intelligence Module
Description

Distribution and retail intelligence module tracking product availability and movement across DTC, specialty retail, mass channels, and regulated category menus. Provides brands with real-world views of product trends, pricing dynamics, and competitive launches combined with social signals.

5Market Landscape
CategoryMarket Landscape Module
Description

Market sizing and forecasting module providing deep dives into market features and trends, including 5-year forecasts by product type and distribution channel, competitive landscape analysis, and detailed company profiles across US, Europe, Latin America, and Asia Pacific.

6Custom Research
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Largest syndicated CPG market intelligence provider combining retail scanner panels with consumer insights. Directly comparable to Brightfield's CPG consumer intelligence offering, but at much larger scale and without Brightfield's depth in regulated cannabis/CBD categories.

TypeDirect peer
Description

Major CPG market intelligence firm (formed from IRI and NPD merger) offering integrated point-of-sale, consumer panel, and predictive analytics. Comparable end-market focus on CPG and similar subscription intelligence model, though broader and less specialized in emerging regulated categories.

TypeDirect peer
Description

Global market research firm publishing syndicated reports on CPG, beauty, food, and consumer trends. Closely comparable subscription intelligence model serving similar buyer personas (insights and innovation teams) across overlapping CPG verticals.

TypeDirect peer
Description

Market intelligence provider specialized in natural, organic, and wellness products with retail sales tracking and consumer insights. Highly comparable focus on the wellness/supplements CPG segment that Brightfield serves.

TypeDirect peer
Description

Consumer intelligence platform combining first-party panel data, receipts, and survey insights. Comparable SaaS model and panel-based methodology serving CPG brands with behavioral and attitudinal consumer data.

TypeBroad incumbent
Description

Large global market research and insights group offering consumer panels, brand tracking, and consulting across many verticals. Overlaps with Brightfield's brand health and consumer insights capabilities but as part of a much broader portfolio.

TypeDirect peer
Description

Global market research firm producing syndicated reports on industries including consumer goods. Comparable subscription intelligence offering; notably, Brightfield's Managing Director Bethany Gomez previously worked at Euromonitor, reinforcing methodological overlap.

TypeDirect peer
Description

Foodservice and CPG intelligence firm providing menu tracking, flavor trends, and consumer insights. Comparable predictive trend forecasting and CPG insights model, particularly relevant to Brightfield's food/beverage coverage.

TypeEmerging player
Description

AI-driven consumer insights platform combining social listening and predictive analytics for CPG brands. Closely comparable AI-first methodology and overlap with Brightfield's social listening and predictive analytics modules.

TypeEmerging player
Description

AI-native food and beverage trend intelligence platform using social and survey signals to surface emerging ingredients and consumer behaviors. Comparable to Brightfield's food/beverage trend forecasting and Innovation Matrix capabilities.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Brightfield Group

Market Intelligence and Consumer Insights Softwarebrightfieldgroup.com

Brightfield Group is a Chicago-based subscription market intelligence platform that combines a 100,000+ consumer panel with 100M+ social conversations and AI-driven predictive analytics to serve marketing, strategy, and innovation teams at CPG, wellness, and cannabis brands.

What Brightfield Group does

Brightfield Group, LLC is a Chicago-based, private subscription market intelligence company founded in 2015 that serves marketing, strategy, innovation, and insights teams at consumer packaged goods (CPG) and wellness brands. The firm operates an AI-powered platform built on a proprietary longitudinal consumer panel of 100,000+ respondents and an analysis layer over 100M+ social conversations, targeting both mainstream categories (beverages, food and snacks, supplements) and regulated/emerging segments (cannabis, CBD, hemp-derived THC) that traditional research firms under-serve. The platform is delivered as a unified suite of six modules—Consumer Insights, Social Listening, Brand Health, Distribution Trends, Market Landscape, and Custom Research—accessible through a centralized subscription dashboard with real-time data access and predictive analytics that forecast category growth 12–24 months ahead. Brightfield monetizes primarily through recurring SaaS subscriptions priced at the organization level (a published entry tier of $2,000/month for the Wellness CPG Platform), supported by a dedicated account management motion and weekly client office hours. Distribution is driven by enterprise field sales targeting major CPG brands, inside sales for mid-market accounts, and a self-serve client portal, with demand generation anchored by thought leadership content, webinars, and earned media in publications such as Forbes, the Wall Street Journal, and the New York Times. The company employs 11–50 people, has not disclosed external funding, and appears to operate as a bootstrapped, founder-led firm under Managing Director Bethany Gomez.

Brightfield Group firmographics

Firmographics
Name
Brightfield Group
Legal name
Brightfield Group, LLC
Website
https://brightfieldgroup.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
11–50 employees
Short description
Brightfield Group is a Chicago-based subscription market intelligence platform that combines a 100,000+ consumer panel with 100M+ social conversations and AI-driven predictive analytics to serve marketing, strategy, and innovation teams at CPG, wellness, and cannabis brands.
Ownership category
akta.pro rank

Brightfield Group industry classification

Industry
Product category
Market Intelligence and Consumer Insights Software
NAICS
Marketing Research and Public Opinion Polling (541910), Advertising Agencies (541810), Marketing Consulting Services (541613)
akta.pro primary industry
Customer Churn, CLV & Retention Intelligence (HDAAAHAC)
akta.pro secondary industry
B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ)

Keywords

  • Consumer insights platform
  • Market intelligence software
  • Social listening analytics
  • CPG trend forecasting
  • Wellness consumer research

Where Brightfield Group is headquartered

Location

Headquarters

HQ city
Chicago
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Brightfield Group business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

  1. Subscription Platform Access: SaaS subscription model providing real-time dashboard access to consumer insights, social listening, brand health tracking, market landscape data, and distribution trends. Delivered through centralized subscription platform with flexible options for team usage. Pricing is per-organization with dedicated account management and weekly office hours included.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyWellness Monthly Subscription - Full platform access with dedicated support

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Brightfield Group product offering

Product offering

Core offering

Brightfield Group operates a subscription-based AI-powered market intelligence platform that combines a proprietary longitudinal consumer panel of 100,000+ respondents, opt-in social media data from 100M+ conversations, and predictive analytics to deliver continuous consumer and category intelligence for CPG and wellness brands. The platform is delivered through six integrated modules—Consumer Insights, Social Listening, Brand Health, Distribution Trends, Market Landscape, and Custom Research—accessible via a centralized dashboard.

Product overview

Brightfield Group offers a unified AI-powered market intelligence and consumer insights platform for CPG and wellness brands. The core platform combines a proprietary longitudinal panel of 100,000+ consumers, 100M+ social conversations, and predictive analytics. The platform is delivered as an integrated suite of six modules: Consumer Insights (for demographics, psychographics, and purchase drivers), Social Listening (for real-time consumer conversation monitoring), Brand Health (for competitive benchmarking), Distribution Trends (for product movement tracking), Market Landscape (for market sizing and forecasting), and Custom Research (for bespoke solutions). All modules are accessible through a centralized subscription dashboard with real-time data access, replacing traditional one-off research reports.

Differentiator

Problem solved

Functional benefit

Products and services

  • Consumer Insights Continuous consumer insights module integrating survey data and opt-in digital behavior to track demographics, psychographics, need states, purchase drivers, brand switching behavior, and category penetration across beverages, food and snacks, supplements, and regulated categories. Designed for marketing, insights, and innovation teams at CPG and wellness brands.
  • Social Listening Real-time social listening module that monitors consumer conversations, sentiment, and product discovery patterns by analyzing both active creators and passive audiences to detect early market signals before they scale. Targets insights and innovation teams at CPG brands seeking to identify emerging ingredients, formats, and competitive brand momentum.
  • Brand Health Syndicated brand health tracker that provides marketing teams with insights to build marketing scorecards, perfect messaging, and benchmark performance versus competitors in emerging markets. Combines consumer survey and social signal data.
  • Distribution Trends Distribution and retail intelligence module tracking product availability and movement across DTC, specialty retail, mass channels, and regulated category menus. Provides brands with real-world views of product trends, pricing dynamics, and competitive launches combined with social signals.
  • Market Landscape Market sizing and forecasting module providing deep dives into market features and trends, including 5-year forecasts by product type and distribution channel, competitive landscape analysis, and detailed company profiles across US, Europe, Latin America, and Asia Pacific.
  • Custom Research

Quantifiable outcome

  • Track 12 to 24 month category growth windows with model-backed confidence
  • +1 more outcomes

Companies that use Brightfield Group

Customer profile

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Brightfield Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Brightfield Group partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Brightfield Group competitors and assessment

Company assessment

Direct peers

  • NielsenIQ: Largest syndicated CPG market intelligence provider combining retail scanner panels with consumer insights. Directly comparable to Brightfield's CPG consumer intelligence offering, but at much larger scale and without Brightfield's depth in regulated cannabis/CBD categories.
  • Circana: Major CPG market intelligence firm (formed from IRI and NPD merger) offering integrated point-of-sale, consumer panel, and predictive analytics. Comparable end-market focus on CPG and similar subscription intelligence model, though broader and less specialized in emerging regulated categories.
  • Mintel: Global market research firm publishing syndicated reports on CPG, beauty, food, and consumer trends. Closely comparable subscription intelligence model serving similar buyer personas (insights and innovation teams) across overlapping CPG verticals.
  • SPINS: Market intelligence provider specialized in natural, organic, and wellness products with retail sales tracking and consumer insights. Highly comparable focus on the wellness/supplements CPG segment that Brightfield serves.
  • Numerator: Consumer intelligence platform combining first-party panel data, receipts, and survey insights. Comparable SaaS model and panel-based methodology serving CPG brands with behavioral and attitudinal consumer data.
  • Euromonitor International: Global market research firm producing syndicated reports on industries including consumer goods. Comparable subscription intelligence offering; notably, Brightfield's Managing Director Bethany Gomez previously worked at Euromonitor, reinforcing methodological overlap.
  • Datassential: Foodservice and CPG intelligence firm providing menu tracking, flavor trends, and consumer insights. Comparable predictive trend forecasting and CPG insights model, particularly relevant to Brightfield's food/beverage coverage.

Broad incumbents

  • Kantar: Large global market research and insights group offering consumer panels, brand tracking, and consulting across many verticals. Overlaps with Brightfield's brand health and consumer insights capabilities but as part of a much broader portfolio.

Emerging players

  • Black Swan Data: AI-driven consumer insights platform combining social listening and predictive analytics for CPG brands. Closely comparable AI-first methodology and overlap with Brightfield's social listening and predictive analytics modules.
  • Tastewise: AI-native food and beverage trend intelligence platform using social and survey signals to surface emerging ingredients and consumer behaviors. Comparable to Brightfield's food/beverage trend forecasting and Innovation Matrix capabilities.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Brightfield Group social profiles

Digital presence

Brightfield Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Brightfield Group leadership team

Management profile

Number of profiles

Profiles6 records

Brightfield Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Brightfield Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brightfield Group

What does Brightfield Group do?

Brightfield Group operates a subscription-based AI-powered market intelligence platform that combines a proprietary longitudinal consumer panel of 100,000+ respondents, opt-in social media data from 100M+ conversations, and predictive analytics to deliver continuous consumer and category intelligence for CPG and wellness brands. The platform is delivered through six integrated modules—Consumer Insights, Social Listening, Brand Health, Distribution Trends, Market Landscape, and Custom Research—accessible via a centralized dashboard.

Is Brightfield Group a public or private company?

Brightfield Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Brightfield Group founded?

Brightfield Group was founded in 2015. It employs 11 to 50 people.

Where is Brightfield Group based?

Brightfield Group is headquartered in Chicago, United States, in the North America region.

How does Brightfield Group make money?

One revenue line is on record: subscription Platform Access.

Who are Brightfield Group's main competitors?

Direct peers on record are NielsenIQ, Circana, Mintel, SPINS, Numerator, Euromonitor International and Datassential. Kantar is listed as a broad incumbent. Emerging players are Black Swan Data and Tastewise.

Does Brightfield Group have an API?

No public API is recorded for Brightfield Group.

What industry is Brightfield Group in?

Brightfield Group's product category is Market Intelligence and Consumer Insights Software. Its primary akta.pro industry code is HDAAAHAC, Customer Churn, CLV & Retention Intelligence, with a secondary code of HDAAAGAJ, B2B SaaS & Enterprise Personalization (CRM, Sales, Support). Its NAICS code is 541910.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
BevNET.comAfter the Workout: Where the Recovery Occasion Is Going - Brightfield Group August 2026Brightfield Group's August 2026 report finds the performance beverage occasion is shifting from pre-workout focus toward post-workout consumption, with consumers distinguishing what they want before exercise from what they need afterward. The report says the conversation is expanding from energy and athletic performance into hydration, recovery and broader wellness benefits, affecting ingredients, formats and brand positioning. It also notes diversifying consumer audiences.CbdmdCBD Statistics: Insights into CBD UsageThe article analyzes CBD market statistics and consumer demographics, highlighting that the U.S. hemp-derived CBD market reached $4.2 billion in 2019 with projections to grow significantly despite regulatory uncertainties. Surveys indicate that usage is driven primarily by physical discomfort and relaxation, with younger demographics and online shoppers leading adoption trends during the economic shifts of 2020. Key industry researchers such as Brightfield Group and New Frontier Data provided the data underpinning these insights into consumption patterns.BevNET.comHemp-Derived THC Drinks – Brightfield Group Report December 2024The U.S. hemp-derived THC product market is projected to generate $3.5 billion in annual sales for 2024, with an increase expected to $4.4 billion by 2029. Sales of hemp-derived THC beverages are anticipated to nearly quadruple from 2023 to 2024, reaching $382 million, and are expected to further grow to $750 million by 2029. As the market expands, the popularity of hemp-derived THC beverages, still a niche section, is seen to be growing faster than CBD and cannabis products.CannabisbusinesstimesHow Big Is the U.S. Market for Delta-8 THC and Other Intoxicating Hemp-Derived Cannabinoids?The U.S. market for Delta-8 THC and other hemp-derived cannabinoids grew 1,283% from $200.5 million in 2020 to nearly $2.8 billion in 2023, according to Brightfield Group data. This rapid expansion contrasts with the state-regulated cannabis industry's slower growth, as unregulated hemp-derived products offer lower prices and greater convenience that established markets struggle to match.GlobeNewswireMariMed Announces Leading Results in Massachusetts Brand Equity StudyMariMed announced that Betty's Eddies and Nature's Heritage ranked first and second in brand awareness among Massachusetts cannabis brands in a Brightfield Group study. The brands scored 8.6 and 8.5 out of 10 for product quality, and awareness for all MariMed products increased since December 2022. MariMed expects to launch its edible brands in Illinois later this year.PR NewswireBrightfield Group Launches Cannabis Industry's First Brand Health PlatformBrightfield Group, a Chicago-based SaaS platform providing consumer insights for cannabis and CBD industries, launched the Cannabis Brand Health Platform on October 4, 2022, marking the industry's first solution enabling cannabis brands to track consumer perception and brand sentiment on a syndicated, cost-effective basis across the United States. The platform addresses a gap where companies have invested millions in brand-building without effective measurement tools, allowing brands to strategically allocate budgets based on consumer loyalty data. The article cites Brightfield Group research showing Cookies leading in brand awareness in California at 39%, and includes testimonials from Statehouse Holdings validating the platform's competitive benchmarking value.PR NewswireConsumer Interest Continues to Rise as CBD Sales Expected to Reach $16 Billion By 2026Brightfield Group released a report showing U.S. CBD sales reached $5.3 billion in 2021, a 15% increase over 2020, with online sales surpassing $2 billion and accounting for 38% of the total market. The firm projects CBD sales will grow to $16 billion by 2026, driven by e-commerce adoption (52% of consumers moved online during the pandemic) and innovation in alternative delivery formats such as drinks (71% YoY growth) and gummies (44% YoY growth). The OLB Group separately announced its merchant services annual transaction volume reached $1.35 billion following its acquisition of a CBD merchant account portfolio, with the acquisition expected to add $25 million in revenue and up to $5 million in incremental EBITDA for 2022.PR NewswireMile High Labs and Brightfield Group Launch Innovation Platform to Fuel Next Generation of Novel Consumer ProductsMile High Labs, Brightfield Group, and Royal DSM launched the Mile High Innovation Lab, a product development platform designed to help brands create and scale novel consumer products in the health and wellness industry. The platform leverages Mile High Labs' manufacturing expertise, Royal DSM's ingredient library, and Brightfield Group's consumer survey data to prototype concepts and test them with virtual consumer panels. This initiative aims to accelerate innovation in the CBD market by applying rigorous, standardized development processes to minimize failure risks.GlobeNewswireSimply Better Brands’ PureKana Recognized as a Top Ten CBD Company in Brightfield Group Research StudySimply Better Brands' CBD subsidiary PureKana was ranked top ten in Brightfield Group's quarterly CBD report, with #4 brand awareness. Consumer feedback showed 91.8% overall satisfaction and 91.1% repeat purchase likelihood. The company cites 'Reliable,' 'Calming,' and 'Trustworthy' as top brand descriptors.GlobeNewswireBrightfield Group Enters CPG Market with New Evergi PlatformBrightfield Group launched Evergi, a platform integrating psychographic survey data with social listening for CPG marketers in the wellness industry. The launch is accompanied by a report on functional beverage consumers, noting preferences for sports drinks, kombucha, and turmeric tea. The company says successful products should be built around specific consumer need states.