Rising demand from the healthcare sector to cure chronic and neurogenerative disorders are driving the market growth. Increasing count of the population suffering with bipolar disorder, Alzheimer and multiple sclerosis is further boosting the cannabidiol demand. In addition to this, growing popularity owing to wellness ingredient is spurring the market growth. The rising number of players owing to more relaxed legislation on the usage of cannabidiol in sports nutrition, medicines, cosmetics, and pet care product has triggered the market growth. In relation to this, approval of cannabidiol as a first oral drug by FDA for a rare and severe form of epilepsy is again boosting the market grow.
The latest report by Value Market Research expects the Global Cannabidiol Market to reach USD 10,280.2 million by 2025. It was valued USD 1,396.5 million in 2018. The report foresees a 33% CAGR from 2019 to 2025.
PHARMACEUTICAL GRADE DOMINATED THE PRODUCT SEGMENT
In 2018, pharmaceutical grade emerged as the leading product segment by accounting major share. Use of cannabidiol based medicines for curing bipolar disorder, epilepsy, Alzheimer and other neurological disorders are driving its demand. Also, rising application of cannabidiol in oils, powders, supplements, & high concentration extracts to cure other aliment is again boosting the market growth.
BY APPLICATION, FIBROMYALGIA LED THE SEGMENT
Fibromyalgia has dominated the application segment in 2018 owing to the rising count of patients suffering from physical or emotional trauma, physiological stress, and surgery are driving the segment growth. Along with this, lack of exercise, sedentary lifestyle, poor diet and improper sleep cycle are some of the prominent factors driving the segment growth.
NORTH AMERICA HELD THE LARGEST MARKET SHARE
North America has dominated the regional market in 2018. Growing geriatric population followed by rising in patients’ with neurogenerative, musculoskeletal and other aliments are driving the demand of cannabidiol-based drugs. Also, the rise in cultivation of marijuana plants, a result of liberal policies on the sale of cannabidiol is again pushing the regional market growth uphill.
KEY PLAYERS OF THE MARKET
Aurora Cannabis, Canopy Growth Corporation, CBD American Shaman, CV Sciences (CV Sciences, Inc.), Elixinol, Folium Biosciences, Gaia Botanicals (Gaia Botanicals LLC), IRIE CBD, Isodiol (Isodiol International Inc), NuLeaf Naturals (NuLeaf Naturals, LLC.) and PharmaHemp (Pharmahemp d.o.o.) are some of the major players of cannabidiol market.
As per this study the Global Cannabidiol Market was valued USD 1,396.5 MN (by revenue) in 2018 and is anticipated to reach USD 10,280.2 MN by 2025 with a CAGR of 33%.
Cannabidiol (CBD) is a phytocannabinoid compound extracted from cannabin sativa plant or marijuana. Cannabidiol is anti-inflammatory, anti-oxidant, analgesic compound that act as neuro and immunoprotector in various medical conditions. CBD is used in potential treatment to cure epilepsy, fibromyalgia, chronic polyarthritis, and Neurogenerative conditions such as Parkinson’s disease, multiple sclerosis and others.
Rising prevalence of Neurogenerative disorders such as dystonia, Alzheimer diseases, multiple sclerosis and others is driving the demand of CBD for medicinal purpose. Growing popularity owing to wellness ingredient is pushing the market growth. Approval of cannabidiol as a first oral drug by FDA for rare and severe form of epilepsy is again boosting the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of cannabidiol.
The broad cannabidiol market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Food Grade
- Therapeutic Grade
- Neurogenerative Disorder
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for cannabidiol in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Cannabidiol Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the cannabidiol market includes Aurora Cannabis, Canopy Growth Corporation, CBD American Shaman, CV Sciences (CV Sciences, Inc.), Elixinol, Folium Biosciences, Gaia Botanicals (Gaia Botanicals LLC), IRIE CBD, Isodiol (Isodiol International Inc), NuLeaf Naturals (NuLeaf Naturals, LLC.) and PharmaHemp (Pharmahemp d.o.o.). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Cannabidiol
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Cannabidiol Market: Snapshot
4. CANNABIDIOL MARKET ANALYSIS BY PRODUCT
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. CANNABIDIOL MARKET ANALYSIS BY APPLICATION
- Market In Food Grade
- Market In Therapeutic Grade
6. CANNABIDIOL MARKET ANALYSIS BY GEOGRAPHY
- Market In Neurogenerative Disorder
- Market In Fibromyalgia
- Market In Diabetes
- Market In Others
7. COMPETITIVE LANDSCAPE OF THE CANNABIDIOL COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
8. COMPANY PROFILES OF THE CANNABIDIOL INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- Aurora Cannabis
- Canopy Growth Corporation
- CBD American Shaman
- CV Sciences (CV Sciences, Inc.)
- Folium Biosciences
- Gaia Botanicals (Gaia Botanicals LLC)
- IRIE CBD
- Isodiol (Isodiol International Inc)
- NuLeaf Naturals
Table 1. Market Highlights Of Cannabidiol
Table 2. Global Cannabidiol Market By Product
Table 3. Global Cannabidiol Market By Application
Table 4. Global Cannabidiol Market By Geography
Table 5. North America Cannabidiol Market
Table 6. Europe Cannabidiol Market
Table 7. Asia Pacific Cannabidiol Market
Table 8. Latin America Cannabidiol Market
Table 9. Middle East And Africa Cannabidiol Market
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Cannabidiol Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Cannabidiol
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global Cannabidiol Market By Product
Fig. 8. Global Cannabidiol Market By Application
Fig. 9. Global Cannabidiol Market By Geography
Fig. 10. North America Cannabidiol Market
Fig. 11. Europe Cannabidiol Market
Fig. 12. Asia Pacific Cannabidiol Market
Fig. 13. Latin America Cannabidiol Market
Fig. 14. Middle East And Africa Cannabidiol Market
Fig. 15. Market Share Of Cannabidiol Companies
Fig. 16. Recent Developments In Cannabidiol Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.