The Impact Of COVID-19 Pandemic On the Cannabidiol (CBD) Market Insights – Industry Trends, Overview, Competitive Players & Forecast 2018 -2024


A recent report by KD market insights titled as “Cannabidiol (CBD) Market – By Form (CBD Oil, CBD Isolate, CBD Wax, Others), By Product Type (CBD Edibles, CBD Wellness, CBD for Pets, Others) & Global Region – Market Size, Share, Trends and Forecast 2018-2023” provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Cannabidiol (CBD) Market. competitors share and region wise analysis around the globe.

First discovered in 1940 CBD has potential therapeutic benefits for a wide range of medical conditions. Cannabidiol is one of the chemical constituents or cannabinoids, which are found in Cannabis. The global Cannabidiol (CBD) market is expected to mask a remarkable annual growth rate during the projected period. Further, the market was calculated at USD XX Million in 2017 and is anticipated to reach a valuation of USD XX Million by the end of the forecast period. CBD market has exploded significantly and there is a fast-growing array of CBD products, from vaporizers and oils to skin balms and gummy bears.

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Growth Drivers & Restraints:

Cannabis and their chemical constituents are emerging as one of the next big industries due to the growing awareness of its medical applications. The public knowledge and acceptance of Cannabidiol are rising throughout the world due to their medicinal benefits and role in conditions such as inflammation, nausea, pain, and many other biological functions. Also, the governments across the globe are taking their steps toward regulating and taxing the production of hemp and marijuana for industrial and medicinal purposes. Governments in countries such as Canada, Australia and many other countries around the world are legalizing production and manufacturing of cannabis and cannabis products for medical and scientific use. Apart from this, CBD holds a special position for medical applications among other cannabis products as it has the ability to produce a physical effect without the psychoactive effects. Its low toxicity and early proof of efficacy are anticipated to enhance its adoption rate in medical and science areas.

However, lack of quality control and transparency throughout the cannabis are hampering. Also, complicated and strict regulatory laws are acting as a restraining factor in the growth of the growth of Cannabidiol market. Moreover, one of the current barriers for medical cannabis is the lack of acceptance in the medical society such as doctors, owing to the lack of clinical evidence.

Segmentation

The research offers a comprehensive analysis of Cannabidiol (CBD) market with respect to following sub-markets:

By Product Type

– CBD Edibles

– CBD Wellness

– CBD for Pets

– Others

By Form

– CBD Oil

– CBD Isolate

– CBD Wax

– Others

By Geography

North America (U.S. & Canada)

Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as:

– Medterra

– Kazmira

– The CBD Company

– NuLeaf Naturals

– Medixcbd

– cbdMD

– CBDistillery

– CBD LION

– CBDfx

– Bota

– Other Prominent Players

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Table of [email protected]

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary

2. Growth Drivers & Barriers in Global Cannabidiol (CBD) Market

3. Global Cannabidiol (CBD) Market Trends

4. Opportunities in Global Cannabidiol (CBD) Market

5. Recent Industry Activities, 2018

6. Porter’s Five Forces Analysis

7. Global Cannabidiol (CBD) Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8. Global Cannabidiol (CBD) Market Segmentation Analysis, By Product Type

8.1. Introduction

8.2. Market Attractiveness, By Product Type

8.3. BPS Analysis, By Product Type

8.4. District Heating Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.1. CBD Edibles Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.2. CBD Wellness Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.3. CBD for Pets Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.4. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9. Global Cannabidiol (CBD) Market Segmentation Analysis, By Form

9.1. Introduction

9.2. Market Attractiveness, By Form

9.3. BPS Analysis, By Form

9.4. CBD Oil Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.5. CBD Isolate Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.6. CBD Wax Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.7. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

Continue…

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