Cannabidiol (CBD) Market
Cannabidiol (CBD) Market - Global Industry Assessment & Forecast
Segments Covered
- By Source Hemp, Marijuana
- By Distribution Channel Online, Offline
- By End-Use Medical, Personal Use, Pharmaceuticals, Wellness
- By Region North America, Latin America, Europe, Asia Pacific, Middle East & Africa
Snapshot
Base Year: | 2021 |
Forecast Years: | 2022 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | USD 4.9 Billion |
Revenue 2028: | USD 47.22 Billion |
Revenue CAGR (2022 - 2028): | 21.20% |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Largest Region (2021): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2016 to 2020 |
3. | Forecast Data | 2022 to 2028 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Cannabidiol (CBD) in terms of revenue?
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The global Cannabidiol (CBD) valued at USD 4.9 Billion in 2021 and is expected to reach USD 47.22 Billion in 2028 growing at a CAGR of 21.20%.
Which are the prominent players in the market?
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The prominent players in the market are Aurora Cannabis, Canopy Growth Corporation, Cronos Group, CV Sciences, Inc., Medterra, and Tilray.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 21.20% between 2022 and 2028.
What are the driving factors fueling the growth of the market.
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The driving factors of the Cannabidiol (CBD) include
- Large Scale Adoption of Cannabidiol Products as Alternative to Conventional Medicine
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Cannabidiol (CBD) in 2021.