We are monitoring the impact of COVID-19 & Recession alarm on Cannabidiol Market Get in touch with us for detailed analysis Know More
Share on

Global Cannabidiol Market Size, Share, Trends, COVID-19 impact & Growth Analysis Report – Segmented By Type, Distribution Channel, End Users & Region – Industry Forecasts (2022 to 2027)

Published: January, 2022
ID: 9950
Pages: 200

Cannabidiol Market Size (2022 to 2027)

The global cannabidiol market size was anticipated to be USD 14.01 billion in 2022. It is likely to record a compound annual growth rate of over 23.3% and is forecasted to be worth USD 39.98 billion by 2026. 

Cannabidiol (CBD) is found naturally in marijuana plants. Though the oil is derived from marijuana, it does not have any harmful effects like any other product derived from cannabis. CBD oil has many benefits in health, and it is especially beneficial for stress relief. Also, the use of CBD oil in treating various health disorders like Alzheimer’s diseases, multiple sclerosis, and Parkinson’s diseases is showing positive results.

According to the National Institute of Drug Abuse, the National Institute of Health (NIH) has spent around USD 140 million on the research and development of the cannabinoid. The institute has spent around USD 36 million on 70 projects only to examine the properties of cannabis. Also, the National Institute of Health (NIH) has increased the funding on the projects related to the medical treatments associated with the compounds of the cannabis plant. Government organizations are launching various programs to continue research on the development of drugs using cannabis. The government-run National Research Foundation recently initiated a program to research the use of cannabis plants in different medical treatment procedures.

MARKET DRIVERS:

Increased adoption of products for CBD skincare acts as a demand catalyst.

CDB skincare has antioxidant properties that primarily counteract the signs of aging in the geriatric population, enhancing market development. R&D investment and demand for skincare products are amplifying the growth of the market. In the years to come, the increased demand for CBD products in Australia would put the CBD skincare market in the nation on a growth trajectory.  

There has been a significant increase in medical treatment with cannabis-related products in Australia and overseas. The demand for cannabidiol (CBD) for medical and wellness purposes is high due to its healing properties, which are a key driver of the global cannabidiol market growth. Also, the high level of demand from the pharmaceutical industry for the marketing of different cannabidiol-containing products in the manufacturing process is expected to drive the market's growth. This includes increasing CBD-containing products for conditions such as epilepsy, anxiety, chronic pain, and addiction. Many of the currently available products also contain a mixture of THC and CBD.

The cannabidiol market is mainly driven by an increase in the use of cannabidiol (CBD) in medical applications, supplements, beverages, and skincare.

The market for cannabidiol is associated with significant cannabidiol therapy that receives FDA approval or moves forward in human clinical trials. According to WHO, Epidiolex® is a liquid oral formulation of pure CBD derived from plants. It is produced by GW Pharmaceuticals in the United Kingdom. It has shown positive results in Phase 3 trials of Dravet and Lennox-Gastaut syndromes, both of which are treatment-resistant seizure disorders. The published results of this therapeutic application are covered by Section 9: Therapeutic Applications.

Rising incidences of chronic diseases such as cancer, diabetes, and others are solely leveling up the growth rate of the market. According to the World Health Organization (WHO), 2.5% of the global population is around 147 million people are consuming marijuana in different forms annually. This is eventually propelling the demand for CBD oil. In 2018, the National Center for Biotechnology Information (NCBI) stated that 62% of the population uses CBD oil to treat various health disorders. Increasing complications due to cancer and other chronic diseases are prompting the market's demand to the extent. Rising research and development activities in the healthcare sector are impelling the growth rate of the Cannabidiol market. Growing investments in research activities by government and non-government organizations are ascribed to boost the market demand. CBD oil contains a deficient concentration of tetrahydrocannabinol (THC), so there is abundant oil usage for medical purposes. Creating awareness over the usage of cannabis appropriately is also leveraging the growth rate of the CBD oil market.

MARKET RESTRAINTS:

However, stringent rules and regulations by the government in approving new products are slightly hindering the growth rate of the market. In some countries, the cultivation of the cannabis crop is illegal, and this is impeding the demand for CBD oil. Besides, fluctuations in the availability of raw materials in the industries limit the growth rate of this market. Long-term use of medicines with cannabis is showing some adverse effects, which is restraining the growth rate of the market. The dearth of skilled people in the laboratories is also an attribute of declining this market's demand.

COVID 19 impact on the Cannabidiol market:

COVID 19 outbreak has spread to more than 100 countries worldwide where the World Health Organization declared it a public health emergency. The Covid-19 pandemic has resulted in a decline in CBD oil sales in the first half of 2020 due to the shutdown of manufacturing units and distribution channels due to the lockdown implemented in various nations. The same trend is likely to continue in the foreseen years as consumers are now turning towards healthy products like functional foods to improve their disease resistance and immunity to combat the coronavirus spread.

Due to the impact of a novel coronavirus, there are lockdown restrictions and travel bans in most countries. This has led to the downfall of the market shares. Key players have seen major challenges during these tough times. However, the rising number of people with anxiety disorders elevates the demand for Cannabidiol in major countries. This is expected to drive the market tremendously and predict that the market shares will hit the highest target by 2021.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 to 2027

Base Year

2021

Forecast Period

2022 to 2027

Segments Covered

Based on Type, Distribution Channel, End-Users, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

This research report on the global cannabidiol market has been segmented and sub-segmented based on the type, distribution channel, end-users, and region.

Global Cannabidiol market - By Type:

  • Hemp
  • Marijuana

Based on the Type, the Hemp segment leads with the prominent shares of the market due to rising crop cultivation according to the climatic conditions. The legalization of the growing industrial hemp crop is also likely to fuel the growth rate of the market. Marijuana is next to the hemp segment in ruling the significant shares with the growing awareness over the use of marijuana in medical conditions. Growing support from the government authorities in promoting the drugs which are effective in treating various health conditions.

Global Cannabidiol market - By Distribution Channel:

  • B2B
  • B2C
    • Hospital Pharmacies
    • Online
    • Retail Stores

A B2C distribution channel is substantially growing over the past few years. The hospital pharmacies segment is ruling with the highest shares of the market. The increasing scale of hospitals with the rising patient count is anticipated to propel the market's demand. The government's launch of new reimbursement policies is bolstering the growth rate of the global cannabidiol market.

Global Cannabidiol Market - By End Users:

  • Medical
    • Chronic Pain
    • Mental Disorders
    • Cancer
    • Others
  • Personal Use
  • Pharmaceuticals
  • Wellness
    • Food & Beverages
    • Personal Care & Cosmetics
    • Nutraceuticals
    • Others

The medical segment held with the highest shares of the market. Rising investments in the manufacturing of new drugs in favor of the end-users by both public and private organizations are elevating the growth rate of the market. Occurrences of mental disorders and chronic pain are increasing among people, gearing up the market's demand. 

Global Cannabidiol Market - By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Geographically, the North America Cannabidiol market accounted for the most significant share in the global market in 2020 and is forecasted to register 32.9% during the forecast period. Around 2.2 million Americans of age above 12 years are using cannabis for medical purposes, which is surging the growth rate of the market in this region. Focus on selling CBD-based products by the best retailers in the US is likely to promote the market shares to the next level. CVS Health, one of the top retailers, plans to sell CBD oil in more than 1500 stores. This is a great initiative for the market to grow tremendously. The trend towards skincare products and the growing usage of cannabis in skincare products escalate CBD oil demand in North America. 

The European Cannabidiol market is following North America in holding the dominant shares of the market. Steady economic growth in developed countries like the UK, Germany, and others greatly influences the demand of the market. Growing demand for CBD-based products in skincare and pharmacies is accelerating the growth rate of the market to the extent. The government is introducing the latest reimbursement policies for the common people, which is likely to fuel the market demand in this region. 

The APAC Cannabidiol market size is predicted to be growing at a CAGR of 34.68% between 2022 to 2027 and is forecasted to be the fastest-growing region of all. India and China are the two major countries contributing the dominant shares to the market. China cultivates the highest hemp crop in the world. 

The Latin America Cannabidiol market size is forecasted to be growing at a CAGR of 20.2% during the forecast period. Many Latin American governments are finally taking steps to create legal markets for cannabis and CBD products, business opportunities for domestic retail sales are still limited. Thus, it adds further difficulty in approving imports and completing the shipping process to Latin America on time.

KEY MARKET PLAYERS:

The global cannabidiol market is concentrated with well-established players like Pharmahemp d.o.o, ENDOCA, NuLeaf Naturals LLC, Folium Biosciences, Elixinol, Cannoid LLC, Medical Marijuana Inc., and Isodiol International Inc. ENDOCA substantially share of the Cannabidiol market in terms of sales and revenue in 2019.

NOTABLE HAPPENINGS IN THIS MARKET IN THE RECENT PAST:

  • In June 2020 -> Cualeaf launched easily consumable cannabis capsules, which are very effective for customers in treating diseases. The launch of the product is expected to impel the portfolio of the company to the extent. 

  • In November 2020 -> Canopy Growth Corporation announced the operating and secure storage license received from Health Canada. With this license, the company is to fulfill the various demand of the customers. 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 CBD Oil Market, By Source Type                        

                                6.1.1 Marijuana

                                6.1.2 Hemp        

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 CBD Oil Market, By Distribution Channel                        

                                6.2.1 B2C             

                                6.2.2 B2B             

                                6.2.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

                6.3 CBD Oil Market, By End-Use                

                                6.3.1 Personal Care & Cosmetics              

                                6.3.2 Food & Beverages

                                6.3.3 Pharmaceuticals   

                                6.3.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.5 Y-o-Y Growth Rate Analysis             

                                6.3.6 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Source Type     

                                7.2.3 By Distribution Channel     

                                7.2.4 By End-Use             

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Source Type     

                                7.3.3 By Distribution Channel     

                                7.3.4 By End-Use             

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Source Type     

                                7.4.3 By Distribution Channel     

                                7.4.4 By End-Use             

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Source Type     

                                7.5.3 By Distribution Channel     

                                7.5.4 By End-Use             

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Source Type     

                                7.6.3 By Distribution Channel     

                                7.6.4 By End-Use             

8. Key Player Analysis                                    

                8.1 Pharmahemp d.o.o                 

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 ENDOCA                      

                8.3 NuLeaf Naturals LLC                

                8.4 Folium Biosciences                  

                8.5 Elixinol                          

                8.6 Cannoid LLC                

                8.7 Medical Marijuana Inc                           

                8.8 Isodiol International Inc                        

9. Market Outlook & Investment Opportunities                                

10. Appendix                                           

                List of Tables                     

                List of Figures                   

  1. Global Cannabidiol Market, By Region, From 2022 to 2027 (USD Billion)
  2. Global Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  3. Global Marijuana Market, By Region, From 2022 to 2027 (USD Billion)
  4. Global Hemp Market, By Region, From 2022 to 2027 (USD Billion)
  5. Global Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  6. Global B2C Market, By Region, From 2022 to 2027 (USD Billion)
  7. Global B2B Market, By Region, From 2022 to 2027 (USD Billion)
  8. Global Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  9. Global Personal Care & Cosmetics Market, By Region, From 2022 to 2027 (USD Billion)
  10. Global Food & Beverages Market, By Region, From 2022 to 2027 (USD Billion)
  11. Global Pharmaceuticals Market, By Region, From 2022 to 2027 (USD Billion)
  12. North America Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  13. North America Marijuana Market, By Region, From 2022 to 2027 (USD Billion)
  14. North America Hemp Market, By Region, From 2022 to 2027 (USD Billion)
  15. North America Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  16. North America B2C Market, By Region, From 2022 to 2027 (USD Billion)
  17. North America B2B Market, By Region, From 2022 to 2027 (USD Billion)
  18. North America Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  19. North America Personal Care & Cosmetics Market, By Region, From 2022 to 2027 (USD Billion)
  20. North America Food & Beverages Market, By Region, From 2022 to 2027 (USD Billion)
  21. North America Pharmaceuticals Market, By Region, From 2022 to 2027 (USD Billion)
  22. United States Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  23. United States Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  24. United States Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  25. Canada Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  26. Canada Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  27. Canada Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  28. Europe Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  29. Europe Marijuana Market, By Region, From 2022 to 2027 (USD Billion)
  30. Europe Hemp Market, By Region, From 2022 to 2027 (USD Billion)
  31. Europe Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  32. Europe B2C Market, By Region, From 2022 to 2027 (USD Billion)
  33. Europe B2B Market, By Region, From 2022 to 2027 (USD Billion)
  34. Europe Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  35. Europe Personal Care & Cosmetics Market, By Region, From 2022 to 2027 (USD Billion)
  36. Europe Food & Beverages Market, By Region, From 2022 to 2027 (USD Billion)
  37. Europe Pharmaceuticals Market, By Region, From 2022 to 2027 (USD Billion)
  38. U.K. Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  39. U.K. Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  40. U.K. Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  41. Germany Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  42. Germany Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  43. Germany Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  44. France Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  45. France Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  46. France Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  47. Italy Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  48. Italy Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  49. Italy Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  50. Spain Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  51. Spain Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  52. Spain Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  53. Asia Pacific Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  54. Asia Pacific Marijuana Market, By Region, From 2022 to 2027 (USD Billion)
  55. Asia Pacific Hemp Market, By Region, From 2022 to 2027 (USD Billion)
  56. Asia Pacific Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  57. Asia Pacific B2C Market, By Region, From 2022 to 2027 (USD Billion)
  58. Asia Pacific B2B Market, By Region, From 2022 to 2027 (USD Billion)
  59. Asia Pacific Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  60. Asia Pacific Personal Care & Cosmetics Market, By Region, From 2022 to 2027 (USD Billion)
  61. Asia Pacific Food & Beverages Market, By Region, From 2022 to 2027 (USD Billion)
  62. Asia Pacific Pharmaceuticals Market, By Region, From 2022 to 2027 (USD Billion)
  63. Japan Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  64. Japan Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  65. Japan Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  66. China Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  67. China Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  68. China Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  69. India Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  70. India Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  71. India Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  72. Australia Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  73. Australia Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  74. Australia Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  75. South Korea Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  76. South Korea Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  77. South Korea Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  78. Latin America Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  79. Latin America Marijuana Market, By Region, From 2022 to 2027 (USD Billion)
  80. Latin America Hemp Market, By Region, From 2022 to 2027 (USD Billion)
  81. Latin America Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  82. Latin America B2C Market, By Region, From 2022 to 2027 (USD Billion)
  83. Latin America B2B Market, By Region, From 2022 to 2027 (USD Billion)
  84. Latin America Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  85. Latin America Personal Care & Cosmetics Market, By Region, From 2022 to 2027 (USD Billion)
  86. Latin America Food & Beverages Market, By Region, From 2022 to 2027 (USD Billion)
  87. Latin America Pharmaceuticals Market, By Region, From 2022 to 2027 (USD Billion)
  88. Brazil Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  89. Brazil Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  90. Brazil Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  91. Argentina Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  92. Argentina Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  93. Argentina Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  94. Mexico Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  95. Mexico Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  96. Mexico Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  97. Rest of Latin America Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  98. Rest of Latin America Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  99. Rest of Latin America Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  100. Middle East and Africa Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  101. Middle East and Africa Marijuana Market, By Region, From 2022 to 2027 (USD Billion)
  102. Middle East and Africa Hemp Market, By Region, From 2022 to 2027 (USD Billion)
  103. Middle East and Africa Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  104. Middle East and Africa B2C Market, By Region, From 2022 to 2027 (USD Billion)
  105. Middle East and Africa B2B Market, By Region, From 2022 to 2027 (USD Billion)
  106. Middle East and Africa Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  107. Middle East and Africa Personal Care & Cosmetics Market, By Region, From 2022 to 2027 (USD Billion)
  108. Middle East and Africa Food & Beverages Market, By Region, From 2022 to 2027 (USD Billion)
  109. Middle East and Africa Pharmaceuticals Market, By Region, From 2022 to 2027 (USD Billion)
  110. Middle East Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  111. Middle East Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  112. Middle East Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)
  113. Africa Cannabidiol Market, By Source Type, From 2022 to 2027 (USD Billion)
  114. Africa Cannabidiol Market, By Distribution Channel, From 2022 to 2027 (USD Billion)
  115. Africa Cannabidiol Market, By End-Use, From 2022 to 2027 (USD Billion)

Please wait. . . . Your request is being processed

FAQ's

How big is the global CBD market?

As per our research report, the global cannabidiol (CBD) market is estimated to value USD 39.98 billion by 2027. 

What is the CBD market worth today?

The global cannabidiol market size is estimated to be USD 14 billion in 2022. 

What is expected growth rate for cannabidiol market?

The global cannabidiol (CBD) market is expected to grow at a CAGR of 23.3% from 2022 to 2027.

which region accounted for the largest share in the global cannabidiol market in 2021?

Geographically, the North American regional market led the global cannabidiol market in 2021.

Related Reports

PURCHASE OPTIONS

excel
$

4255


pdf excel
$

5060


pdf excel powerbi
$

7360


excel
$

2500

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 4255

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample