The Cannabidiol Market report compiles exhaustive information acquired through proven research methodologies and from dedicated sources across several industries. This business report gives insightful analyses of the market and has a comprehensive understanding of the commercial landscape. The market report assesses the production processes, major issues, and solutions to mitigate the development risk. This market report puts forth an absolute overview of the market that contains various aspects of market analysis, product definition, market segmentation, key developments, and the existing vendor landscape. The Cannabidiol Market report aids in understanding the future outlook and prospects for the Chemical and Materials industry.
Global Cannabidiol market is expected to register a healthy CAGR of 33.85% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increased levels of spending being incurred on commercialized cannabis products.
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Cannabidiol (CBD) is a compound commonly found in hemp and marijuana plants, this extract is being studied to be developed as an effective anxiety medicine, pain reduction, and treatment of cognition improvements. This extract consists approximately forty percent of the entire plant and it is known to not cause any dependence effects on the human body.
Global Cannabidiol Market Segmentation:
Global Cannabidiol Market By Source (Hemp, Marijuana)
Product (Food Grade, Therapeutic Grade)
Application (Personal Care & Cosmetics, Pharmaceutical, Food & Beverages, Others)
Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Stores, Others)
Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
This Analysis makes you conversant about various segments that are relied upon to observe the rapid business development amid the estimate forecast frame. Whether it is about refining a business plan, preparing a presentation for an important client, or giving recommendations to an executive, this market report helps a lot. This Cannabidiol Market report is prepared with the detailed market analysis performed by a team of industry experts, skilful analysts, dynamic forecasters and knowledgeable researchers. For structuring the finest market research report like this Cannabidiol Market, a devoted team of experienced forecasters, well-versed analysts and knowledgeable researchers work painstakingly.
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Competitive Analysis:
Global cannabidiol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cannabidiol market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Top Leaders- Pure CBD Factory; Exactus, Inc.; ENDOCA; Medical Marijuana, Inc.; Isodiol International Inc; Cannoid, LLC; Canopy Growth Corporation; Elixinol; FOLIUM BIOSCIENCES; NuLeaf Naturals, LLC; Aphria; Phyto Animal Health; PharmaHemp d.o.o.; Aurora Cannabis; CBD American Shaman; CV Sciences, Inc.; Kazmira; IrieCBD; HempLife Today; Cura CS among others.
Recent Developments in the Market:
In August 2019, Exactus, Inc. announced that they had acquired Green Goddess Extracts, based out of Florida, United States and dealing in the manufacturing & distribution of hemp products. This acquisition extends the manufacturing capabilities of Exactus, Inc. while complementing the existing portfolio of products, along with enhancing the distribution capabilities
In June 2019, Pure CBD Factory announced the availability of “Hemp CBD Oil Tinctures”, available in three sizes as well as in the form of a topical cream. All of the products have been organically created and under the Non-GMO certifications. This innovative launch is designed to meet the growing demand of CBD oil throughout the globe.
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Customization Options
All segmentation provided above in this report is represented at country level and can be customized according to needs.
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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