Cannabidiol Market Size, Share, Analysis Report

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

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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MARKET SNAPSHOT

Major Players

  • ENDOCA
  • Cannoid
  • LLC
  • Medical Marijuana, Inc
  • Folium Biosciences
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    21

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    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

    • Hemp
    • Marijuana

    By Product

    • Food Grade
    • Therapeutic Grade

    By Application

    • Personal Care & Cosmetics
    • Pharmaceutical
      • Neurogenerative Disorder
      • Fibromyalgia
      • Diabetes
      • Others
    • Food & Beverages
    • Others

    By Distribution Channel

    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Stores
    • Others

    By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

    The years considered for the study are as follows:

    • Base year – 2022
    • Estimated year – 2023
    • Projected year – 2022
    • Forecast period – 2023 to 2028

    Key Questions Addressed by the Report

    • New products/service competitors are exploring?
    • Key players in the Cannabidiolmarket and how extreme is the competition?
    • What are the futuremarket trends that manufacturers are emphasizing on in the future updates?
    • For each segment, what are the crucial opportunities in the market?
    • What are the key growth strategies embraced by key market players in the market?
    • What are the key success strategies adopted by major competitors in the market?

    Why Buy this Report:

    • Obtain comprehensive insights on the Cannabidiol& market trends
    • Note comprehensive analysis of the market status
    • Identifies the market opportunities and growth segments
    • Assessing business segments & product portfolios, and explain competitive dynamics
    • Provide strategy planning and industry dynamics to strengthen decision making

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    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

    • Hemp
    • Marijuana

    By Product

    • Food Grade
    • Therapeutic Grade

    By Application

    • Personal Care & Cosmetics
    • Pharmaceutical
      • Neurogenerative Disorder
      • Fibromyalgia
      • Diabetes
      • Others
    • Food & Beverages
    • Others

    By Distribution Channel

    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Stores
    • Others

    By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

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    The market is expected to grow at a CAGR of 21.2% during the study period (2023-2028)
    Cannabidiol Market is projected to grow up to US$ 14.50 billion by 2028
    The segment included in the Cannabidiol Market is Source, Product, Application, Distribution Channel and region.
    Some key players operating in the Cannabidiol Market include ENDOCA, Cannoid, LLC, Medical Marijuana, Inc., Folium Biosciences, Elixinol, NuLeaf Naturals, LLC, Isodiol International
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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