U.S. Cannabidiol (CBD) Market Forecast to 2029: Key Players, Growth, Trends and Opportunities
This U.S. Cannabidiol (CBD) Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
The U.S. cannabidiol (CBD) market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 28.6% in the forecast period of 2022 to 2029 and is expected to reach USD 13,655.70 million by 2029
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Market Overview:
Cannabidiol (CBD) is obtained from the cannabis plant, which can be used for various applications. Also, commonly found in hemp and marijuana plants, the extract is also used for research and development proficiencies. The extract consists of 40% of the entire plant, and does not have any harmful effects on humans. Cannabidiol (CBD) has various health benefits, such as treating health disorders such as Parkinson's disease, Alzheimer’s, and multiple sclerosis. It is effective against stress, reduces acne, and alleviates cancer-related symptoms; thus, it is used in many pharmaceutical applications.
Some of the major players operating in the U.S. Cannabidiol (CBD) Market are Cresco Labs., EcoGen Biosciences, Canopy Growth Corporation, The Valens Company, Open Book Extracts, Groff North America Hemplex, Healthy Food Ingredients, LLC, KND Labs, Socati Corp., and Swayer Labs among others.
Global U.S. Cannabidiol (CBD) Market Scope
U.S. cannabidiol (CBD) market is categorized based on CBD type, product type, CBD category, grade, application, and nature. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
CBD Type
- Hemp
- Marijuana
On the basis of CBD type, the U.S. cannabidiol (CBD) market is segmented into hemp and marijuana.
Product Type
- CBD Oil
- CBD Isolates
- CBD Concentrates
- Others
On the basis of product type, the U.S. cannabidiol (CBD) market is segmented into CBD oil, CBD isolates, CBD concentrates, and others.
CBD Category
- Full-Spectrum
- Broad Spectrum
On the basis of CBD category, the U.S. cannabidiol (CBD) market is segmented into full-spectrum and broad spectrum.
Grade
- Food
- Therapeutic
On the basis of grade, the U.S. cannabidiol (CBD) market is segmented into food and therapeutic
Application
- Tincture
- Food
- Pharmaceuticals
- Dietary Supplements
- Beverages
- Topicals
- Others
On the basis of application, the U.S. cannabidiol (CBD) market is segmented into tincture, food, pharmaceuticals, dietary supplements, beverages, topicals and others.
Nature
- Organic
- Inorganic
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global U.S. Cannabidiol (CBD) Market Landscape
Part 04: Global U.S. Cannabidiol (CBD) Market Sizing
Part 05: Global U.S. Cannabidiol (CBD) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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