Cannabidiol (CBD) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The global cannabidiol market was valued at USD 4.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of +22% from 2021 to 2027.

The demand for cannabidiol (CBD) for medical and wellness purposes is high due to its healing properties, which are key factors driving the market growth. Additionally, increased product adoption and utilization due to government approvals is a major factor expected to drive demand for cannabidiol-infused products.

Of all cannabinoids, cannabidiol is most commonly used for medical purposes because it has no psychoactive effect. CBD oil is used in several medical applications such as treating anxiety and depression, relieving stress, preventing diabetes, relieving pain, relieving cancer symptoms and reducing acne.

Segment by Type, the Cannabidiol (CBD) market is segmented into

• Hemp-derived Type
• Marijuana-derived Type

Segment by Application, the Cannabidiol (CBD) market is segmented into

• Pharmaceuticals Industry
• Food Industry
• Cosmetics Industry
• Other

Scope of the Report

The research study analyzes the global Cannabidiol (CBD) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Cannabidiol (CBD) Market Report

1. What was the Cannabidiol (CBD) Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of Cannabidiol (CBD) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cannabidiol (CBD) Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.