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 latest study on the Cannabidiol market for the forecast period, 2020 to 2030 classifies the industry into various segments based on the product type, end-use and application. Besides, these segments are assessed in detail by incorporating industry estimates at both the regional as well as country level. This segment evaluation is beneficial in helping stakeholders, business owners and marketing personnel get an understanding of the growth areas and potential opportunities for the Cannabidiol industry. The market intelligence report further covers the competitive landscape of the industry across different regions.
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The leading market contenders listed 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
Key reasons to buy the Global Cannabidiol Market report:
- The latest report comprehensively studies the global Cannabidiol market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Cannabidiol Market
-
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
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Regional Outlook of the Cannabidiol Market
The global Cannabidiol market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Cannabidiol market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Cannabidiol Market report:
- The latest report comprehensively studies the global Cannabidiol market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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