Cannabidiol Market research report gives methodical idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. Moreover, the report offers advanced information and scenario about the Cannabidiol industry which helps to stand apart in the competition in this fast paced business environment. Additionally, businesses can make out the response of the consumers to an already existing product in the market.
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.
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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Global Cannabidiol Market Trends:
By Source:
Hemp
Marijuana
By Product:
Food Grade
Therapeutic Grade
By Application:
Personal Care & Cosmetics
Pharmaceutical
Neurogenerative Disorder
Fibromyalgia
Diabetes
Others
Food & Beverages
Others
By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Stores
Others
By Geography:
North America
Europe
Asia-Pacific
South America
Middle East and Africa
When globalization is growing day by day, many businesses call for Global Market Research consisting of actionable market insights that aids decision making. This Global Cannabidiol business document evaluates chief factors of the market which provides precise data and information for the business growth. Global market research analysis report gives out a lot for the business and bestows with the solution for the critical or complex business problems. The imperative aspects of this market report are key market dynamics, current market scenario and future prospects of the sector. It also offers top to bottom examination of the market for estimating income, return on investment (ROI) and developing business strategies.
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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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