Cannabidiol
(CBD) Market: Introduction
CBD is well-known to be effective
in the treatment of epilepsy, Crohn's disease, nausea, and glaucoma, among
others, which has boosted the demand for cannabis-derivatives market. The substantial
amount of the CBD comes from either marijuana or hemp. The flowers of marijuana
or hemp are processed via numerous processes such as distillation and extraction
to give an extract with diverse cannabinoids. Increasing utilization of cannabidiol
for wellness and medical purposes is high owing to its healing properties,
which is expected to be a key driving factor for the market growth. Additionally,
rising product utilization and adoption due to government approvals is a key
factor foreseen to boost the demand for cannabidiol infused products.
Cannabidiol
(CBD) Market: Key Dynamics
Over the last decade, cannabidiol has
become one of the latest consumer trends, and has resulted in a rising number of
social media influencers endorsing the end product. Several product options including
cosmetics, skincare, haircare, pharmaceuticals, intimate lubricants, pills, gummies,
infused beverages, and others are also fuelling the market growth for
cannabidiol. Moreover, rising awareness about the therapeutic welfares of
cannabidiol has augmented consumer behavior to buy CBD based products, regardless
of its high cost. Mainstream shops and sellers are now aiming at marketing and selling
CBD-based products, considering their higher profit margin. Various wellness and
health retailers including Rite Aid, CVS Health and others have decided to market
CBD-based products. However, the presence of strict regulations is acting as a major
factor hampering the growth of the market for cannabidiol.
Cannabidiol
(CBD) Market: Report Scope
The “Global Cannabidiol (CBD)
Market” report offers in-depth analysis of micro and macro-economic factors,
price point assessment, along with market attractiveness analysis. The report
also focuses on multiple qualitative and quantitative factors on global cannabidiol
(CBD) market geographies and market segments. The report also aims to provide a
detailed overview of the parent market for analyzing the competitive landscape
of the global cannabidiol (CBD) market in the food and beverage industry. The
report is dedicated to offering strategic information on leading cannabidiol
(CBD) market players and offers several growth prospects of the cannabidiol
(CBD) market.
Cannabidiol
(CBD) Market: Segmentation
The global cannabidiol (CBD) market is segmented on the
basis of source type, distribution channel, and end-use.
The global cannabidiol (CBD) market on the basis of source
type is segmented as:
·
Hemp
·
Marijuana
The global cannabidiol (CBD) market on the basis of distribution
channel is segmented as:
·
B2B
·
B2C (Hospital Pharmacies, Online, Retail Stores)
The global cannabidiol (CBD) market on the basis of end-use
is segmented as:
·
Medical (Chronic Pain, Mental Disorders, Cancer,
Others)
·
Personal Use
·
Pharmaceuticals
·
Wellness (Food & Beverages, Personal Care
& Cosmetics, Nutraceuticals, Others)
Cannabidiol
(CBD) Market: Key Market Players
Along with the company profiles
of key companies enabling the market expansion, the report covers a detailed
competition landscape scenario of the cannabidiol (CBD) market. Comparison and
market share analysis of prominent players provided in the report offers the
reader preventive steps to advance their businesses. The reports cover
strategic developments in the cannabidiol (CBD) market focused on inorganic and
organic growth strategies. The company profile is one of the carefully crafted
section in the cannabidiol (CBD) market report, which extracts fundamentals
such as SWOT analysis, product portfolio on each player, along with the company
strategy identification and analysis. Company presence deliberately mapped and
presented with a model for all prominent players operating in the cannabidiol
(CBD) market.
ENDOCA, Cannoid LLC, Elixinol, Isodiol
International Inc., Medical Marijuana Inc., Folium Biosciences, NuLeaf Naturals
LLC, Tikun Olam, The Cronos Group, and Pharmahemp d.o.o are some of the key
market players operating in the global cannabidiol (CBD) market.
Cannabidiol
(CBD) Market: Regional Outlook
The report provides a detailed
overview of the cannabidiol (CBD) market in regions including North America,
Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa.
The country-specific assessment for cannabidiol (CBD) market has been offered
for all regional market, along with forecasts, market scope estimates, price
point assessment, and impact analysis of prominent countries and regions.
Throughout the report, Y-o-Y growth estimates are also incorporated for every
country and region, to provide a detailed view of the cannabidiol (CBD) market.
These Y-o-Y projections on regional and country-level markets brighten the
political, economic and business environment outlook, which are anticipated to
have a substantial impact on the growth of the cannabidiol (CBD) market. Some
key country and region included in the cannabidiol (CBD) market report as
follows:
North America (U.S., Canada)
Latin America (Mexico, Argentina,
Brazil, Peru, Chile)
Europe (Germany, France, Italy, U.K.,
BENELUX, Nordics, Spain, Poland, Russia, CIS)
Asia Pacific (China, ASEAN, India,
Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (South
Africa, GCC Countries, Turkey, Israel, Iran)
The
Cannabidiol (CBD) Market Report Covers In-depth Analysis on:
·
Cannabidiol (CBD) market segments
·
Cannabidiol (CBD) market dynamics
·
Cannabidiol (CBD) market size
·
Recent trends, restraints, opportunities in cannabidiol
(CBD) market
·
Companies & competition involved cannabidiol
(CBD) market
·
Latest technologies in cannabidiol (CBD) market
·
Supply chain and value chain cannabidiol (CBD)
market
Cannabidiol
(CBD) Market Report Highlights:
·
A comprehensive overview of parent market
·
Market dynamics and trends in the industry
·
Current, historical and anticipated market size
in terms of value and volume
·
In-depth market segmentation
·
Competition landscape
·
Key Strategies of leading companies and product portfolio
·
Recent industry developments and trends
·
Potential and country, regions and segments exhibiting
future growth
·
A detailed viewpoint on market performance
during the forecast period
·
Essential information to enhance market position
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