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What's driving the Cannabidiol (CBD) Market size? Key players are Canopy growth corporation, Aphria Inc., Folium biosciences, Mary's Medicinals, Medical Marijuana Inc.

04-07-2020 11:44 AM CET | Health & Medicine

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Cannabidiol (CBD) Market

Cannabidiol (CBD) Market

MarketStudyReport.com offers 2019 report on Global Cannabidiol (CBD) Market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2024.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global cannabidiol market. The report analyses the global cannabidiol Market by source (hemp, marijuana) and by application (Pharmaceuticals, cosmetics, others) for the Regions (North America, Europe, APAC, ROW) and By Country (U.S, Canada, Germany, Australia) for the historical period of 2017-2018 and the forecast period of 2019-2024.

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Over the recent years, cannabidiol market has been witnessing considerable growth on the back of rise in demand of cannabidiol, rapid legalization across countries globally, growing acceptance and awareness among consumers regarding therapeutic effect of cannabidiol etc.

According to the research, the global cannabidiol market was valued at USD 708.55 for the year 2018.

In addition, increasing investment, escalating number of cannabidiol manufactures, introduction of CBD infused cosmetic product etc. is anticipated to provide higher momentum to the market growth in the forecast period. However, strict regulation regarding the legalization of cannabidiol and illegal market of cannabidiol has been hindering the market growth.

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Scope of the Report:
o Global Cannabidiol Market (Actual Period: 2017-2018, Forecast Period: 2019-2024)
o Cannabidiol Market? Size, Growth, Forecast
o Analysis By Source: Hemp and Marijuana
o Analysis By Application: Pharmaceuticals, Cosmetic, Others

o Regional Markets? North America, Europe, APAC, ROW (Actual Period: 2017-2018, Forecast Period: 2019-2024)
o Cannabidiol Market? Size, Growth, Forecast
o Analysis By Source: Hemp and Marijuana
o Analysis By Application: Pharmaceuticals, Cosmetic, Others

o Country Analysis ? U.S., Canada, Germany, Australia (Actual Period: 2017-2018, Forecast Period: 2019-2024)
o Cannabidiol Market? Size, Growth, Forecast
o Analysis By Source: Hemp and Marijuana
o Analysis By Application: Pharmaceuticals, Cosmetic, Others

o Other Report Highlights
o Market Dynamics Drivers and Restraints.
o Market Trends
o Porter Five Forces Analysis.
o SWOT Analysis.
o Company Analysis Mary's Medicinals, Medical Marijuana Inc., Canopy growth corporation, Aphria Inc., Folium biosciences.

Table of Content:
1.Research Methodology

2.Executive Summary

3.Strategic Recommendations

4. Cannabidiol (CBD): Product Outlook

5. Global Cannabidiol Market Outlook

6. Global Cannabidiol Market Dynamics

6.1 Global Cannabidiol Market Drivers
6.1.1 Growing awareness and acceptance of cannabidiol among consumers.
6.1.2 Escalating number of cannabidiol Manufacturers
6.1.3 Improving disposable income and introduction of new products.
6.1.4 Enormous health benefits and potency of cannabidiol.
6.2 Global cannabidiol Market Restraints
6.2.1 Strict regulations against usage of cannabidiol
6.2.2 Escalating recreational use of cannabidiol
6.3 Global cannabidiol Market Trends
6.3.1 Government legalizing the production and consumption of Cannabis
6.3.2 Emerging cannabidiol infused food and beverage products

Related Report:
Global Cannabidiol (CBD) Market 2019 Forecast to 2024

The worldwide market for Cannabidiol (CBD) is expected to grow at a CAGR of roughly 32.0% over the next five years, will reach 1251.8 million US$ in 2024, from 311.8 million US$ in 2019, according to a new GIR (Global Info Research) study.

https://www.marketstudyreport.com/reports/global-cannabidiol-cbd-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024?openpr.com/&utm_medium=VIPin

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