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Cannabidiol (CBD) Market Growth 2019-2024

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naresh pawar
Cannabidiol (CBD) Market Growth 2019-2024

Cannabidiol (CBD) is a natural botanical concentrate that is high in the compound CBD. Of the more than 85 cannabinoids so far identified in the cannabis plant, CBD is the second most common after tetrahydrocannabinol (THC).

And in our report, the Cannabidiol (CBD) product refers in particular to Cannabidiol (CBD) Oil.

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Cannabidiol (CBD) is a natural botanical concentrate that is high in the compound CBD. Of the more than 85 cannabinoids so far identified in the cannabis plant, CBD is the second most common after tetrahydrocannabinol (THC).

Presently, the production of Cannabidiol Oil (CBD Oil) is mainly concentrated in Europe and North America. Many producer of Cannabidiol Oil (CBD Oil) in the industry have formed an integrated industry chain, from the industrial hemp to downstream industries. Most of them can provide various finished products of Cannabidiol Oil (CBD Oil) to customers directly.

According to this study, over the next five years the Cannabidiol (CBD) market will register a 34.7% CAGR in terms of revenue, the global market size will reach US$ 1316.4 million by 2024, from US$ 296.4 million in 2019. 

In particular, this report presents the global market share (sales and revenue) of key companies in Cannabidiol (CBD) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Cannabidiol (CBD) market by product type, application, key manufacturers and key regions and countries.

This study considers the Cannabidiol (CBD) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Hemp-derived Type
  • Marijuana-derived Type

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Pharmaceuticals Industry
  • Food Industry
  • Cosmetics Industry
  • Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Kazmira
  • CW Hemp/CW Botanicals
  • Freedom Leaf
  • Green Road
  • Medical Marijuana
  • Folium Biosciences
  • HempLife Today
  • Cannavest
  • Pharmahemp
  • ENDOCA
  • CBD American Shaman
  • NuLeaf Naturals
  • Select Oil
  • K.I.N.D. Concentrates
  • Canopy Growth Corporation
  • Aphria
  • Emblem Cannabis Oils
  • Whistler
  • The Lab
  • Absolute Terps

Research objectives:

  1. To study and analyze the global Cannabidiol (CBD) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  2. To understand the structure of Cannabidiol (CBD) market by identifying its various subsegments.
  3. Focuses on the key global Cannabidiol (CBD) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  4. To analyze the Cannabidiol (CBD) with respect to individual growth trends, future prospects, and their contribution to the total market.
  5. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  6. To project the consumption of Cannabidiol (CBD) submarkets, with respect to key regions (along with their respective key countries).
  7. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  8. To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cannabidiol (CBD) Consumption 2014–2024
2.1.2 Cannabidiol (CBD) Consumption CAGR by Region
2.2 Cannabidiol (CBD) Segment by Type
2.2.1 Hemp-derived Type
2.2.2 Marijuana-derived Type
2.3 Cannabidiol (CBD) Consumption by Type
2.3.1 Global Cannabidiol (CBD) Consumption Market Share by Type (2014–2019)
2.3.2 Global Cannabidiol (CBD) Revenue and Market Share by Type (2014–2019)
2.3.3 Global Cannabidiol (CBD) Sale Price by Type (2014–2019)
2.4 Cannabidiol (CBD) Segment by Application
2.4.1 Pharmaceuticals Industry
2.4.2 Food Industry
2.4.3 Cosmetics Industry

3 Global Cannabidiol (CBD) by Manufacturers
3.1 Global Cannabidiol (CBD) Sales Market Share by Manufacturers
3.1.1 Global Cannabidi

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