Cannabidiol Market, by Product (Oil, Tinctures, Suppository, Transdermal patches, Vape Oil, Isolates, Creams and Roll-on, Capsules, Tablet, and Others), by Source Type (Hemp and Marijuana), by Application (Medical (Chronic Pain, Mental Disorders, Cancer, Others), Personal Use, Pharmaceuticals, and Wellness (Food & Beverages, Personal Care & Cosmetics, Nutraceuticals Others)), by Distribution Channel (Hospital Pharmacies, Online Stores, and Retail Stores), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Cannabidiol (CBD) is a compound commonly found in hemp and marijuana plants, this extract is found to be effective against numerous disorders such as chronic pain, neurological pain, anxiety, sleep disorder, as well as nausea and stress. Hence, cannabidiol is gaining widespread popularity across various regions. This extract consists approximately 40% of the entire plant and it is known to not cause any dependence effects on the human body. CBD is found naturally in marijuana plants. Though the oil is derived from marijuana, it does not have any harmful effects like any other product derived from cannabis. CBD oil is also showing positive results in treating various health disorders such as Alzheimer’s disease, multiple sclerosis, Parkinson’s disease, and others.
Market Dynamics
Increased adoption of cannabidiol for skincare products is driving the market growth in the forecast period. Cannabidiol skin care has antioxidant properties that helps in reducing the signs of aging and also have an anti-inflammatory effect on sebocytes, the skin cells that produce sebum. Due to its anti-inflammatory properties, CBD may be able to help reduce swelling, pain, and redness from existing breakouts, or irritation from skin conditions such as eczema and psoriasis. For instance, in April 2019, Folium Biosciences announced plans to launch nine active cosmeceutical and lifestyle products that will be infused with CBD in the U.S. to meet the demand for skincare products in the market.
Key features of the study:
This report provides in-depth analysis of the global cannabidiol market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cannabidiol market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Canopy Growth Corporation, Aphria, Inc., Aurora Cannabis, Maricann, Inc. (Wayland Group Corporation), Tilray, GW Pharmaceuticals, plc, 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, and Pharmahemp d.o.o.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cannabidiol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cannabidiol market
Detailed Segmentation:
Global Cannabidiol Market, By Product:
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
Global Cannabidiol Market, By Source Type:
Hemp
Marijuana
Global Cannabidiol Market, By Application:
Medical
Chronic Pain
Mental Disorders
Cancer
Others
Personal Use
Pharmaceuticals
Wellness
Food & Beverages
Personal Care & Cosmetics
Nutraceuticals
Others
Global Cannabidiol Market, By Distribution Channel:
Hospital Pharmacies
Online Stores
Retail Stores
Global Cannabidiol Market, By Region:
North America
By Product
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
By Source Type
Hemp
Marijuana
By Application
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel
Hospital Pharmacies
Online Stores
Retail Stores
By Country
U.S.
Canada
Latin America
By Product
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
By Source Type
Hemp
Marijuana
By Application
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel
Hospital Pharmacies
Online Stores
Retail Stores
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
By Source Type
Hemp
Marijuana
By Application
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel
Hospital Pharmacies
Online Stores
Retail Stores
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
By Source Type
Hemp
Marijuana
By Application
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel
Hospital Pharmacies
Online Stores
Retail Stores
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
By Source Type
Hemp
Marijuana
By Application
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel
Hospital Pharmacies
Online Stores
Retail Stores
By Country
GCC
Israel
Rest of Middle East
Africa
By Product
Oil
Tinctures
Suppository
Transdermal Patches
Vape Oil
Isolates
Creams and Roll-on
Capsules
Tablet
Others
By Source Type
Hemp
Marijuana
By Application
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel
Hospital Pharmacies
Online Stores
Retail Stores
By Country
South Africa
Central Africa
North Africa
Company Profiles
Canopy Growth Corporation
Company Highlights
Type Portfolio
Key Highlights
Financial Performance
Strategies
Aphria, Inc.
Aurora Cannabis
Maricann, Inc. (Wayland Group Corporation)
Tilray
GW Pharmaceuticals, plc.
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.
“*” marked represents similar segmentation in other categories in the respective section.
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