Global CBD Market share is expected to reach USD 2207.16 billion with growing at a CAGR of 125.58% during the forecast period (2019-2026). CBD oil is obtained from the hemp plant by extraction process.
CBD market is projected to witness substantial growth due to large number of therapeutic benefits. Cannabidiol is useful in the treatment of Parkinson’s, Cancer, Anxiety, Arthritis and inflammation.
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Cannabidiol (CBD) Market Segmentation:
The global CBD market segmented by
• Product
• Route of administration
• Source
• Application
• End-user
• Form
The Cannabidiol market has been segmented based on application
• Fibromyalgia
• Neurogenerative disorder
• Protein bars
• Diabetes
• Energy drinks
The CBD market has been segmented based on End User
• Healthcare
• Food & beverage
• Others
Based on the product, the Cannabidiol market has been segmented into
• Food grade
• Therapeutic grade
• Others
CBD market has been segmented based on Source into
• Inorganic
• Organic
Cannabidiol market has been segmented Based on Form into
• Solid
• Liquid
The Cannabidiol market solid form has been sub-segmented into
• CBD wax
• CBD crystals
• capsule/softgel
• Hash
• Others
The CBD Market liquid form has been sub-segmented into
• Cream
• e-liquid
• Tincture
• CBD oil
• Others
Cannabidiol market route of administration has been segmented into
• Capsules
• Inhalation (smoke or vapor)
• Aerosol spray
• Tincture
During the forecast period, the capsule segment can grow at 128.37% CAGR. Consumers can use CBD capsule without experiencing the taste of CBD.
Cannabidiol Market Key Players:
Top Key Companies in the global Cannabidiol market include
• Folium Biosciences (USA)
• Green Roads of Florida LLC (USA)
• Isodiol International Inc. (Canada)
• Medical Marijuana Inc. (USA)
• Aphria Inc. (Canada)
• Canopy Growth Corporation (Canada)
• CBD Health Solutions LLC (USA)
• CV Sciences Inc. (USA)
• Endoca (The Netherlands)
• Elixinol Global Limited (Australia)
CBD Market Regional Analysis:
A geographical analysis of the global CBD market covers
• Asia Pacific
• Middle East & Africa (MEA)
• Americas (North America & South America)
• Europe
America
• North America
• South America
Europe
• Western Europe
• Eastern Europe
Asia
• Japan
• China
• India
• Rest Of Asia Pacific
Middle East & Africa
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