Cannabidiol Market Size By Source(Hemp, Marijuana), By Product(Food Grade, Therapeutic Grade), By Application(Personal Care & Cosmetics Pharmaceutical(Neurogenerative Disorder, Fibromyalgia, Diabetes) Food & Beverages and other, By Region (North America, Europe, Asia Pacific, Rest of the World) Market Analysis Report, Global Forecast 2023-2028
Cannabidiol Market is projected to grow up to US$ 14.50 billion by 2028 growing at a CAGR of 21.2%during the forecasting period 2023-2028.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
21
REPORT DESCRIPTION
Cannabidiol is a compound generally found in marijuana plants and hemp, this extract is being studied to be developed as a pain reduction, effective anxiety medicine, and treatment of cognition improvements. This abstract consists around forty percent of the entire plant and it is known to not cause any requirement effects on the human body. The rising trend among individuals to treat a variety of ailments such as neurological conditions,anxiety, nausea, stress, chronic pain, and seizures are booming. This is due to the antibiotic and analgesic effects properties present in cannabidiol.However, THC and Cannabidiol, after combination in equal ratios, complement each other’s positive impacts – the “entourage” effect, which can affect emerging trends in the cannabidiol market in the coming years.Nevertheless, government bodies across the world are imposing limitations on the addition of cannabidiol in food items, and beverages amid anecdotal clinical evidence, despite the industrial hemp having received a green signal, leaving consumers bewildered about the effects of Cannabidiol.
Furthermore, legal agencies are confiscating consumables offered by restaurant owners, and food manufacturers, which may impact the growth of the cannabidiol market in the coming years.
Cannabidiol Market is projected to grow up to US$ 14.50 billion by 2028 growing at a CAGR of 21.2%during the forecasting period 2023-2028.
Report Scope
The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The studyincludes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.
Major Market Players
The key players of the market are ENDOCA, Cannoid, LLC, Medical Marijuana, Inc., Folium Biosciences, Elixinol, NuLeaf Naturals, LLC, Isodiol International, Inc. and Pharmahemp d.o.o., CBD Factory, Exactus, Inc.,Isodiol International Inc, Canopy Growth Corporation, Aphria, Phyto Animal Health, Aurora Cannabis, CBD American Shaman, CV Sciences, Inc., Kazmira,IrieCBD,and Cura CS.
The CannabidiolMarket report has been categorized as below
By Source
By Product
By Application
By Distribution Channel
By Region
The years considered for the study are as follows:
Key Questions Addressed by the Report
Why Buy this Report:
Below are our New Reports :-
1. Introduction
1.1. Key Insights
1.2. Report Overview
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.4. Market Size Estimation
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Market Drivers and Restraints
5. By Source
5.1. Key Points
5.2. Hemp
5.3. Marijuana
6. By Product
6.1. Key Points
6.2. Food Grade
6.3. Therapeutic Grade
7. By Applications
7.1. Key Points
7.2. Personal Care & Cosmetics
7.3. Pharmaceutical
7.3.1. Neurogenerative Disorder
7.3.2. Fibromyalgia
7.3.3. Diabetes
7.3.4. Others
7.4. Food & Beverages
7.5. Others
8. By Distribution Channel
8.1. Key Points
8.2. Hospital Pharmacies
8.3. Retail Pharmacies
8.4. Online Stores
8.5. Others
9. By Region
9.1. Key Points
9.2. North America
9.3. Europe
9.4. Asia Pacific
9.5. Rest of the World
10. Company Profile
(Profile contain company overview, products/services, financials & recent developments)
10.1. ENDOCA
10.2. Cannoid, LLC
10.3. Medical Marijuana, Inc.
10.4. Folium Biosciences
10.5. Elixinol
10.6. NuLeaf Naturals, LLC
10.7. Isodiol International, Inc.
10.8. Pharmahemp d.o.o.
10.9. CBD Factory
10.10. Exactus, Inc.
10.11. Isodiol International Inc
10.12. Canopy Growth Corporation
10.13. Aphria
10.14. Phyto Animal Health
10.15. Aurora Cannabis
10.16. CBD American Shaman
10.17. CV Sciences, Inc.
10.18. Kazmira
10.19. IrieCBD
10.20. Cura CS.
The CannabidiolMarket report has been categorized as below
By Source
By Product
By Application
By Distribution Channel
By Region
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