The market intelligence report on the Cannabidiol (CBD) industry offers the readers an extensive assessment of the sector, along with the potential growth of the same to be expected in the coming years. In the study, 2016 and 2017 have been referred to for determining the past performance, while 2018 has been assumed as the base year to predict the trajectory of the progress of the industry during the forecast years from 2019 to 2026. The report is aimed at helping the reader get a holistic view of the market with all crucial aspects in order to decipher optimum business plans.
This report covers the recent COVID-19 incidence and its impact on Cannabidiol (CBD). The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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Scope of Report:
The report underlines the market trends drawn after the assessment of the past data gathered from 2016 and 2017 and performs a comprehensive study of the trends in the sector to derive market insights and calculate the CAGR that can be expected in the forecast years. The report also scrutinizes the financial performance, novel technologies, and strategic expansion undertaken by the company, which includes mergers and acquisitions and collaborations. The study also outlines the technological advancements in the sector, especially those credited to top companies in the industry.
In market segmentation by manufacturers, the report covers the following companies-
CV Sciences (US), Isodiol International (Canada), Medical Marijuana (US), Aurora Cannabis (Canada), CBD American Shaman (US), Canopy Growth Corporation (Canada), IRIE CBD (US), The Supreme Cannabis Company (Canada), General Cannabis Corp. (US), Cannabis Sativa, Inc. (US), and Insys Therapeutics, Inc (US).
Segmentation:
For the purpose of this study, Reports and Data have segmented the market on the basis of form, routes of administration, product, application, source, end user and regional analysis.
Form (Revenue, USD Million; 2016-2026)
- Solid
- Liquid
- Concentrated Oil
- Cream
Routes of Administration (Revenue, USD Million; 2016-2026)
- Inhalation (Smoke or Vapor)
- Aerosol Spray
- Capsules
- Tincture Spray
- Others
Product (Revenue, USD Million; 2016-2026)
- Food Grade
- Therapeutic Grade
Application (Revenue, USD Million; 2016-2026)
- Neurogenerative Disorder
- Fibromyalgia
- Diabetes
- Energy Drinks
- Protein Bars
- Others
End Use (Revenue, USD Million; 2016-2026)
- Healthcare
- Food & Beverage
- Others
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In market segmentation by geographical regions, the report has analysed the following regions-
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
To give better clarity of the market scenario, the report also analyzes customer preferences, the increasing levels of disposable incomes, and how these critical aspects can affect the global market scenario. The reader will also gain benefit from the analysis of the value chain, supply chain, and demand and supply dynamics that are derived after employing both primary and secondary sources for the research.
The research report answers the following key questions:
- What is the growth rate of the market during the forecast period between 2019 to 2026?
- What are the significant drivers and constraints that will impact the future of the Cannabidiol (CBD) market?
- How much is the market size and share estimated to grow in the forecast period?
- Who are the key industry players and which executive strategies will they employ that can substantially impact the growth of the Cannabidiol (CBD) market globally?
- What are the most notable trends observed in the past data that can be expected to affect the CAGR of the Cannabidiol (CBD) market?
- What are the predictions for the Cannabidiol (CBD) industry in the forecast period based on the detailed analysis of its critical aspects?
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In conclusion, the Cannabidiol (CBD) Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-cannabidiol-2019-2024-301Cannabidiol (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 TypeMarijuana-derived TypeSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Pharmaceuticals IndustryFood IndustryCosmetics IndustryOtherThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The growth of the market is driven by the increased R investment in the healthcare industry and rising acceptance of cannabis globally.Market Size – USD 1.04 Billion in 2018, Market Growth - CAGR of 27.7%, Market Trends – Increased R investment in the healthcare industry and rising acceptance of cannabis globally.
The market is primarily driven by the increase in the usage of cannabidiol (CBD) in medical application, supplements, beverages and skin care.As a wide-spectrum pharmaceutical therapy, the cannabidiol market place is likely to witness significant R investments in the pharmaceutical industry.
For its potential in the treatment of a number of diseases, multiple scientific studies have shown promising results of cannabidiol.
The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.The key companies profiled in the market are:CV Sciences (US), Isodiol International (Canada), Medical Marijuana (US), Aurora Cannabis (Canada), CBD American Shaman (US), Canopy Growth Corporation (Canada), IRIE CBD (US), The Supreme Cannabis Company (Canada), General Cannabis Corp. (US), Cannabis Sativa, Inc. (US), and Insys Therapeutics, Inc (US).Further key findings from the report suggestThe Cannabidiol (CBD) Market is forecasted to grow from USD 1.04 Billion in 2018 to USD 16.32 Billion by 2026, at a CAGR of 27.7%, during the forecast period.
Due to its health benefits that help in the treatment of neuropsychiatric disorders, the therapeutic grade dominates the segment.
Because of the increasing incidence of physiological disorder among people, especially young adults, fibromyalgia leads the segment.
