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 report is updated with the impact of the COVID-19 pandemic on the Cannabidiol market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Cannabidiol market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Cannabidiol market.
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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:
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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 Segmentation:
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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Cannabidiol Market Revenue, Demand, Share Analysis, Company Profiles, and Forecast
