Global and United States Cannabidiol (CBD) Market Report & Forecast 2023-2029

The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Cannabidiol (CBD) Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.

The global Cannabidiol (CBD) market size in 2022 is XX million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate of 27.80% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Cannabidiol (CBD) market include CV Sciences, Inc., VIVO Cannabis Inc., Gaia Herbs Hemp, Phoena Holdings Inc., and Medical Marijuana, Inc.. The share of the top 3 players in the Cannabidiol (CBD) market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Cannabidiol (CBD) market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. HEMP accounted for XX% of Cannabidiol (CBD) market in 2022. MARIJUANA share of XX%.

FOOD GRADE accounted for XX% of the Cannabidiol (CBD) market in 2022. THERAPEUTIC GRADE accounts for XX%.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Key Factors Considered:

COVID-19

The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War

The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.

Challenges & Opportunities

Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

With the development of the economy, the improvement of residents' consumption level and the upgrade of consumption structure, the food and beverage industry as a whole has shown a good growth trend. In the future, the production capacity will continue to expand, and the industrial structure will be further improved and optimized.

E-Commerce Growth: The growth of e-commerce has significantly impacted the food and beverage industry. Online grocery shopping and food delivery services have witnessed tremendous growth, especially during the COVID-19 pandemic. Companies have been investing in online platforms and expanding their digital presence to cater to changing consumer preferences.

Clean label and transparency: Consumers are increasingly seeking transparency in food products. Clean label initiatives emphasize the use of natural ingredients, removal of artificial additives, and clear and accurate labeling to provide consumers with more information about the food they consume.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Argentina

Mexico

MEA

Saudi Arabia

UAE

Turkey

Player list

CV Sciences, Inc.

VIVO Cannabis Inc.

Gaia Herbs Hemp

Phoena Holdings Inc.

Medical Marijuana, Inc.

The Cronos Group

CHARLOTTE’S WEB

HEXO Corp.

Aurora Cannabis

Canopy Growth Corporation

Jazz Pharmaceuticals, Inc.

Tilray

Curaleaf

KAZMIRA

Freedom Leaf, Inc.

Koi CBD

Groff North America Hemplex

Joy Organics

Elixinol Wellness Limited

Isodiol International Inc.

Healthy Food Ingredients, LLC

NuLeaf Naturals, LLC

Diamond CBD

Types list

HEMP

MARIJUANA

Application list

FOOD GRADE

THERAPEUTIC GRADE