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Global Cannabidiol (CBD) Market Size,Trends, Growth Forecast to 2031

Category : Healthcare | Report Code : 1407 | Pages : 141 | Oct 2024

Report Overview

The global Cannabidiol (CBD) market size is projected to grow from US$ 402 million in 2024 to US$ 902 million in 2030; it is expected to grow at a CAGR of 14.4% from 2024 to 2030. LP Information, Inc. (LPI) ' newest research report, the ?Cannabidiol (CBD) Industry Forecast? looks at past sales and reviews total world Cannabidiol (CBD) sales in 2023, providing a comprehensive analysis by region and market sector of projected Cannabidiol (CBD) sales for 2024 through 2030. With Cannabidiol (CBD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cannabidiol (CBD) industry. This Insight Report provides a comprehensive analysis of the global Cannabidiol (CBD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cannabidiol (CBD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Cannabidiol (CBD) market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cannabidiol (CBD) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cannabidiol (CBD). Global key players of Cannabidiol (CBD) include Aurora Cannabis, Charlotte's Web CBD, Endoca, Kazmira, KND Labs, etc. The top five players hold a share about 19%. North America is the largest market, and has a share about 47%. In terms of product type, Full Spectrum CBD Oil is the largest segment, accounting for a share of 40%. In terms of application, Medicine is the largest field with a share about 58 percent. This report presents a comprehensive overview, market shares, and growth opportunities of Cannabidiol (CBD) market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: Full Spectrum CBD Oil Broad Spectrum CBD Oil CBD Isolate Segmentation by Application: Medicine Food and Beverages Cosmetics Other This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration. Kazmira KND Labs Aurora Cannabis Canopy Growth Corporation Endoca Charlotte's Web CBD CV Sciences Sequoya Mile High Labs EcoGen Biosciences Medical Marijuana, Inc. Yunnan Hempson Bio-Tech Tengchong Chenguang Yunma Biotechnology Key Questions Addressed in this Report What is the 10-year outlook for the global Cannabidiol (CBD) market? What factors are driving Cannabidiol (CBD) market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Cannabidiol (CBD) market opportunities vary by end market size? How does Cannabidiol (CBD) break out by Type, by Application?

Frequently Asked Questions?

Ans - The purpose of a Cannabidiol (CBD) market research report is to provide data-driven insights and analysis on a Cannabidiol (CBD) market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for Cannabidiol (CBD) market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.