Cannabidiol Market Report Predicts Impressive Growth by 2030 just published
As per Cannabidiol Market analysts, the global market is anticipated to
witness growth owing to the factors such as the growing research &
development as well as financial support by various private and government
organizations. However, the market will face challenges and restraints due to
adverse effects associated with cannabis and stringent government policies
during the forecast period.
The cannabidiol market size was valued USD 18.43 billion
in 2022 and is expected to reach USD 59.43 Billion by 2030 at 18.2% CAGR during
the forecast period 2022-2030.
Rising occurrence of chronic diseases in the Cannabidiol Market will
support the growth. As per market analysts, the market-based companies will
face certain challenges during the forecast period 2019 to 2026. The market
research report provides in-depth analysis of the application, end user, forms,
product, routes of administration, and source segments. The market research
report presents factors such as complications regarding side effects that could
slow down the market's growth.
Major Key
Players:
The global cannabidiol Market Players are Folium Biosciences, Elixinol
Global Limited, Aphria Inc., Medical Marijuana, Inc., Isodiol International
Inc, CBD Health Solutions, Green Roads of Florida, ENDOCA LLC, Canopy Growth
Corporation Inc, Freedom Leaf, Inc LLC, CV Sciences, and several others.
Segment Analysis
The cannabidiol market has been segmented into
application, end user, forms, product, routes of administration, and source.
Based on the segment which is application, the market is categorized on the
basis of diabetes, energy drinks, fibromyalgia, protein bars, and neurodegenerative
disorder. The global market for CBD (Cannabidiol) is further segmented based on
end users into food & beverage, healthcare. Furthermore, the market, on the
basis of forms, is segmented into solid and liquid. Based on the segment which
is the product, the market is categorized on the basis of food grade and
therapeutic grade. The global market for CBD (Cannabidiol) is further segmented
based on routes of administration into organic-inorganic. Furthermore, the
market, on the basis of source is segmented into tincture, capsules, aerosol
spray, inhalation (smoke or vapor), product (food grade and therapeutic grade).
The Cannabidiol Market report offers comprehensive
study of the market segments including application, end user, forms, product,
routes of administration, and source. The analysts have also studied the
market's spread across the regional markets across many of the market’s
segments at country levels. The application, end user, forms, product, routes
of administration, and source segments spread across the market along with the
subsegments are studied. The global market for CBD (Cannabidiol) is spread
across various product and service-based segments. The market research report
highlights these key segments and offers forecasts based on primary and
secondary data. The global market research report presents key company profiles
of organizations active across the market.
Regional Analysis
Regulatory restrictions across
different parts of the world may hinder the market growth. The market research
report suggests that companies in the Cannabidiol Market could be supported by
legalization of CBD in various regions as well as legalization related
complications during the forecast period. The Cannabidiol Market is set to
register growth at a high CAGR owing to these key factors. The market is spread
across North America, Europe, Asia-Pacific, and other parts of the world. As
per market analysts, the market is set to witness tremendous growth across
application, end user, forms, product, routes of administration, and source
segments. The global market’s North American region covers markets across the
United States, Mexico, Canada, and others. Businesses present in the market are
also profiled and their strategies have been presented in detail in the market
research report.
The market across the European
region covers Italy, France, Germany, and the United Kingdom. Furthermore, the
CBD (Cannabidiol) market research report provides details about the APAC region
covering markets from China, India, Australia, Japan, and others. The market is
also active across several other parts of the world. The CBD (Cannabidiol)
market report covers all these key regions including the Middle East, Africa,
Brazil, and others active in the global market.
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