The global cannabidiol market was valued at USD 4.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of +22% from 2021 to 2027.
The demand for cannabidiol (CBD) for medical and wellness purposes is high due to its healing properties, which are key factors driving the market growth. Additionally, increased product adoption and utilization due to government approvals is a major factor expected to drive demand for cannabidiol-infused products.
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Company Profile
- ENDOCA
- Cannoid, LLC
- Medical Marijuana, Inc.
- Folium Biosciences
- Elixinol
- NuLeaf Naturals, LLC
- Isodiol International, Inc.
Market – Segmentation
by Type
- Hemp-derived Type
- Marijuana-derived Type
by Application
- Pharmaceuticals Industry
- Food Industry
- Cosmetics Industry
- Other
Scope of the Report
The research study analyzes the Global Cannabidiol (CBD) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report Global Cannabidiol (CBD) Market of is available at: https://www.orionmarketreports.com/cannabidiol-cbd-market/37677/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cannabidiol (CBD) Market Report
1. What was the Cannabidiol (CBD) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Cannabidiol (CBD) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cannabidiol (CBD) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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