Cannabidiol Market Revenue, Analysis, PEST, Demand, Region & Country Forecast

 The global Cannabidiol (CBD) market size was USD 3.86 Billion in 2022 and is expected to register a rapid revenue CAGR of 28.3% during the forecast period. Increasing preference toward cannabis extracts, such as oils and tinctures, rising adoption of CBD-based products for treating various medical conditions and number of retailers selling Cannabidiol (CBD)-based products, and changing regulatory landscape for approval of CBD products across regions are key factors driving market revenue growth.

The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.

 

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Competitive Outlook: The leading companies operating in the Cannabidiol market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Cannabidiol Market and Profiled in the Report are:

Canopy Growth, Aphria, Inc., Aurora Cannabis, Maricann, Inc., Tilray, GW Pharmaceuticals, ABcann Medicinals, Inc., Organigram Holding, Inc., Tikun Olam, The Cronos Group, ENDOCA, Isodiol International, Inc., MEDICAL MARIJUANA, INC., Cannoid, LLC, Elixinol, Folium Biosciences, NuLeaf Naturals, LLC., Pharmahemp d.o.o., Kazmira LLC, and Green Roads

Objectives of the Report:

Study of the global Cannabidiol market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Cannabidiol market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Cannabidiol market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Cannabidiol market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Form Outlook (Revenue, USD Billion; 2019-2032)

    • Solid
    • Liquid

  • Routes of Administration Outlook (Revenue, USD Billion; 2019-2032)

    • Tincture
    • Capsules
    • Inhalation (Smoke or Vapor)
    • Aerosol Spray
    • Others

  • Product Outlook (Revenue, USD Billion; 2019-2032)

    • Food Grade
    • Therapeutic Grade

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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