Data Bridge Market Research analyses that the Global Cannabidiol (CBD) Oil Market which was USD 13.70 Billion in 2022, is expected to reach USD 189.76 Billion by 2030, and is expected to undergo a CAGR of 38.9% during the forecast period of 2023 to 2030. 

Industry Analysis

CBD oil demonstrates effectiveness in alleviating chronic injury-related pain, as well as addressing issues such as inflammation, anxiety, and insomnia. It enhances both physical and cognitive functions while regulating mood, pain perception, and memory. CBD, one of the 113 identified cannabinoids in cannabis plants, comprises a substantial portion, up to 40%, of the plant's extract.

“CBD Dominant” dominates the type segment of the global cannabidiol (CBD) oil market due to its well-documented therapeutic benefits, minimal psychoactive effects, and legal status in many regions. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Cannabidiol (CBD) is widely utilized across various applications due to its medically validated beneficial properties. It stands as the second most abundant active component found in marijuana. This phytocannabinoid, known as Cannabidiol, is employed as an active ingredient in a diverse array of personal care and cosmetic products.

Global Cannabidiol (CBD) Oil Market Scope

The global cannabidiol (CBD) oil market is segmented on the basis of type, product type, product category, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • THC Dominant
  • CBD Dominant
  • Marijuana Based
  • Hemp Based

Product Type

  • Original
  • Blended

Product Category

  • Unflavoured
  • Flavored

Application

  • Food and Beverages
  • Personal Care/Cosmetics
  • Pharma and Nutraceuticals
  • Industrial Application

Distribution Channel

  • Direct
  • Indirect

Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-cbd-oil-market

Global Cannabidiol (CBD) Oil Market Regional Analysis/Insights

The global cannabidiol (CBD) oil market is analyzed and market size insights and trends are provided by country, type, product type, product category, application, and distribution channel referenced above.

The countries covered in the global cannabidiol (CBD) oil market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America

North America dominates the global cannabidiol (CBD) oil market due to its progressive legalization, robust consumer demand, and established industry infrastructure.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Cannabidiol (CBD) Oil Market Share Analysis

The global cannabidiol (CBD) oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global cannabidiol (CBD) oil market.

Some of the major players operating in the global cannabidiol (CBD) oil market are:

·       Charlotte's Web Holdings, Inc. (U.S.)

·       Medterra CBD (U.S.)

·       Green Roads (U.S.)

·       Bluebird Botanicals (U.S.)

·       Canopy Growth Corporation (Canada)

·       Elixinol (Australia)

·       CBDistillery (U.S.)

·       Cannabidiol Life (U.S.)

·       Joy Organics (U.S.)

·       Endoca (Denmark)

·       Aurora Cannabis Inc. (Canada)

·       Lazarus Naturals (U.S.)

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MAJOR TOC OF THE REPORT

Ø  Chapter One: Introduction

Ø  Chapter Two: Market Segmentation

Ø  Chapter Three: Market Overview

Ø  Chapter Four: Executive Summary

Ø  Chapter Five: Premium Insights

Ø  Chapter Six: Global Cannabidiol (CBD) Oil Market by Product & Procedure type

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