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Cannabidiol (CBD) Market Share, Size, Analysis, Trends, Growth, Report and Forecast Period 2022-2027

The Cannabidiol (CBD) Market has depicted a consistent growth globally during the historical period, primarily due to the growing legalization of CBD for medicinal uses and increasing research & development for its more diversified use.
Published 31 July 2023

Cannabidiol (CBD) Market Report: Understanding the Primary Insights & Opportunistic Areas of the Industry (2022-27)

MarkNtel Advisors offers a deep-driven study on the Global Cannabidiol (CBD) Market, incorporating several aspects like market growth drivers, opportunities, restraints, & challenges, among others. The report aims to enable stakeholders to understand the fluctuating industry patterns and make informed decisions associated with investments & participation to yield higher profits in the coming years.

According to the report, the Cannabidiol (CBD) Market is set to record around 30.48% CAGR during 2022-27. The key factors affecting the growth trajectory of the industry during the projected timeline have been well-explained in the study, along with key trends and recent developments, among others,

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Why to Choose Our Cannabidiol (CBD) Market Research Report?

MarkNtel Advisors focuses on delivering well-curated research reports that cater to niche industries & emerging geographies, whether on a global, regional, or national scale. Our most recent publication, the "Cannabidiol (CBD) Market Research Report," comprehensively covers every significant aspect related to the industry. It offers a clear & insightful outlook on the market, providing authentic data & statistics. The study includes a concise definition of the product/service, an in-depth analysis of its applications & developments, and a thorough examination of its top competitors. Additionally, we delve into the driving forces propelling the market's progress, identify potential growth opportunities, and outline the factors impeding its advancement.

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Primary Parameters as per Which the Data is Cited:

  • Period & Statistics
  • Historical Period: 2017-20
  • Base Year: 2021
  • Forecast Years: 2022-27
  • Focused on both primary & secondary research methodologies to attain precise & reliable information.
  • Detailed examination of the historical, present, and future period, supported with the accentuating developments by the industry players.
  • Stressed upon various verticals & segmentations and their role in achieving the projected growth rate.
  • Special addition of SWOT analysis & Porter’s five forces analysis to curate an accurate path of the industry.
  • Stresses upon the top down & bottom up approach to appraise numerous divisions & deliver unbiased assessment.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐭:

Key Drivers: Growing Inclination of Government toward Approving CBD to treat Mental Disorders

Since 2017, products derived from cannabis have been gaining significant interest owing to their health-related benefits for anxiety, muscle pain, seizures, etc. In addition, progressive research & drug developments have evaluated that important medical therapies could be well-performed using CBD. As a result, due to its non-psychoactive behavior, CBD has emerged as a treatment for seizures in recent years.

In the light of controlled clinical trials, the US government approved a CBD-based drug for epilepsy treatment in 2018. Therefore, such approvals for CBD-based drugs & medicines by government authorities worldwide are likely to drive the Global Cannabidiol (CBD) Market during 2022-27.

Exploring the Segmentations of the Cannabidiol (CBD) Industry

To provide a comprehensive understanding of the Cannabidiol (CBD) Market, we conduct an extensive examination of each segment and its sub-segments. This section of the report offers a detailed analysis of size & volume based on various categorizations. Our aim is to assist our valuable clients in identifying the crucial factors contributing to the industry's growth & enabling them to enhance their end-user positioning, strategic decisions, and revenue generation.

By Application

  • Medicinal Use
  • Beauty & Personal Care
  • Pets
  • Recreational

By Product Type

  • Edibles
  • Flower
  • Oil & Tinctures
  • Pills & Capsules
  • Topicals
  • Others (Vape, Spray, etc.)

By Distribution Channel

  • Regulated Dispensary
  • Stand-Alone Retailers
  • Department/Super Stores
  • Online Portals

Key Competitors in the Cannabidiol (CBD) Market

In this section, we will delve into a comprehensive analysis of the Cannabidiol (CBD) Market, including key players & regional/country assessments. The market is highly dynamic, with a diverse range of competitors who are continuously introducing innovative & lucrative solutions, contributing to the industry's growth.

  • Aurora Cannabis Inc
  • CV Sciences
  • Endoca
  • Cannabidiol (CBD) American Shaman
  • Bluebird Botanicals
  • Isodiol International
  • Medical Marijuana Inc
  • Elixinol
  • Hemp Inc
  • Canopy Growth Corporation
  • Others

Exploring the Regions/Countries!

Our qualified researchers & analysts use all their skills & also lists out the detailed picture of every region/nation, to assist the stakeholders about the status of the market in each of the areas.

Geographically, the industry expands across:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Key Questions Addressed in the Cannabidiol (CBD) Market Research Report:

  • What is the estimated size, share, & CAGR of The Cannabidiol (CBD) Marketin the forecast period?
  • What are the key trends projected to impact the Cannabidiol (CBD) Marketduring 2022-27?
  • What are the different segments & sub-segments considered in the Cannabidiol (CBD) Marketresearch study?
  • Who are the key stakeholders and players participating in the Cannabidiol (CBD)Market?
  • What would be the demand for different types of products/services in the Cannabidiol (CBD) Market through 2027?

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About Us:

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

We understand the growing need of our clients and thus focus on emerging industries to provide our services which can fulfil their need for assessing the current and future industry potential, identification of white spaces & hotspots and venturing into new geographies or business segments.

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