Market Research Engine has published a new report titled as “Cannabidiol Market Size By Source(Hemp, Marijuana), By Product(Food Grade, Therapeutic Grade), By Application(Personal Care & Cosmetics Pharmaceutical(Neurogenerative Disorder, Fibromyalgia, Diabetes) Food & Beverages and other, By Region (North America, Europe, Asia Pacific, Rest of the World) Market Analysis Report, Global Forecast 2021-2027.”
Cannabidiol Market is projected to grow up to US$ 12.04billion by 2027 growing at a CAGR of 21.2%during the forecasting period 2021-2027.
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Cannabidiol is a compound generally found in marijuana plants and hemp, this extract is being studied to be developed as a pain reduction, effective anxiety medicine, and treatment of cognition improvements. This abstract consists around forty percent of the entire plant and it is known to not cause any requirement effects on the human body. The rising trend among individuals to treat a variety of ailments such as neurological conditions,anxiety, nausea, stress, chronic pain, and seizures are booming. This is due to the antibiotic and analgesic effects properties present in cannabidiol.However, THC and Cannabidiol, after combination in equal ratios, complement each other’s positive impacts – the “entourage” effect, which can affect emerging trends in the cannabidiol market in the coming years.Nevertheless, government bodies across the world are imposing limitations on the addition of cannabidiol in food items, and beverages amid anecdotal clinical evidence, despite the industrial hemp having received a green signal, leaving consumers bewildered about the effects of Cannabidiol.
Furthermore, legal agencies are confiscating consumables offered by restaurant owners, and food manufacturers, which may impact the growth of the cannabidiol market in the coming years.
The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The studyincludes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.
Major Market Players
The key players of the market are ENDOCA, Cannoid, LLC, Medical Marijuana, Inc., Folium Biosciences, Elixinol, NuLeaf Naturals, LLC, Isodiol International, Inc. and Pharmahemp d.o.o., CBD Factory, Exactus, Inc.,Isodiol International Inc, Canopy Growth Corporation, Aphria, Phyto Animal Health, Aurora Cannabis, CBD American Shaman, CV Sciences, Inc., Kazmira,IrieCBD,and Cura CS.
The CannabidiolMarket report has been categorized as below
- Food Grade
- Therapeutic Grade
- Personal Care & Cosmetics
- Neurogenerative Disorder
- Food & Beverages
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Stores
- North America
- Asia Pacific
- Rest of the World
The years considered for the study are as follows:
- Base year – 2020
- Estimated year – 2021
- Projected year – 2022
- Forecast period – 2021 to 2027
Key Questions Addressed by the Report
- New products/service competitors are exploring?
- Key players in the Cannabidiolmarket and how extreme is the competition?
- What are the futuremarket trends that manufacturers are emphasizing on in the future updates?
- For each segment, what are the crucial opportunities in the market?
- What are the key growth strategies embraced by key market players in the market?
- What are the key success strategies adopted by major competitors in the market?
Why Buy this Report:
- Obtain comprehensive insights on the Cannabidiol& market trends
- Note comprehensive analysis of the market status
- Identifies the market opportunities and growth segments
- Assessing business segments & product portfolios, and explain competitive dynamics
- Provide strategy planning and industry dynamics to strengthen decision making
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Table of Contents:
1.1. Key Insights
1.2. Report Overview
1.3. Markets Covered
2. Research Methodology
3. Executive Summary
- Market Overview
5. By Source
6. By Product
7. By Applications
8. By Distribution Channel
9. By Region
10. Company Profile
(Profile contain company overview, products/services, financials & recent developments)
10.2. Cannoid, LLC
10.3. Medical Marijuana, Inc.
10.4. Folium Biosciences
10.6. NuLeaf Naturals, LLC
10.7. Isodiol International, Inc.
10.8. Pharmahemp d.o.o.
10.9. CBD Factory
10.10. Exactus, Inc.
10.11. Isodiol International Inc
10.12. Canopy Growth Corporation
10.14. Phyto Animal Health
10.15. Aurora Cannabis
10.16. CBD American Shaman
10.17. CV Sciences, Inc.
10.20. Cura CS.
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