The global cannabidiol market size was calculated USD 5.5 billion in 2019 and expected to grow at a significant CAGR of over 22.3% during the forecast period 2020 to 2026. The market is segmented on the basis of source, end-use, distribution channel, and region. Increasing awareness and acceptance of CBD products due to its health benefits will promote market growth positively. The medical segment dominating the highest market share over 44% of the market and is expected to grow at a lucrative growth rate during the forecast period.
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The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market.
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The report titled "Cannabidiol (CBD) Market: Global Industry Size, Share, Market Trends, Competitive Analysis and Forecast - 2020-2027", recently published by Research Corridor covering global market size for cannabidiol (cbd) market for the key segments and further cross-regional segmentation of these segments for the period 2020 to 2027.
According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of cannabidiol (cbd) industry. This report provides market estimates and forecast for the period 2018-2027, along with respective CAGRs for each segment and regional distribution for the period 2020-2027. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.
Historical & Forecast Period
2018 - Historical Year for Cannabidiol (CBD) Market
2019 - Base Year for Cannabidiol (CBD) Market
2020-2027 - Forecast Period for Cannabidiol (CBD) Market
The cannabidiol (cbd) market report offers a primary overview of the cannabidiol (cbd) industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the cannabidiol (cbd) industry.
Cannabidiol (CBD) Market Segmentation:
By Source
Hemp
Marijuana
By End-Use
Medical
Personal Use
Pharmaceuticals
Wellness
By Distribution Channel:
B2B
B2C
Hospital Pharmacies
Online
Retail Stores
List of Key Companies:
Medical Marijuana Inc.
CV Sciences
Aurora Cannabis
Canopy Growth Corporation
NuLeaf Naturals
Tilray
Geographic Coverage:
North America
Europe
Asia-Pacific
Rest of the World
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