Cannabinoid Hemp Oil

Cannabinoid Hemp Oil Market by Form (Concentrated Oil, Cream, Food Additive), Source (Inorganic, Organic), Distribution Mode, Application - Global Forecast 2024-2030

SKU
MRR-433498411D2C
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 1.74 billion
2030
USD 14.17 billion
2024
USD 2.35 billion
CAGR
34.84%
360iResearch Analyst
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[190 Pages Report] The Cannabinoid Hemp Oil Market size was estimated at USD 1.74 billion in 2023 and expected to reach USD 2.35 billion in 2024, at a CAGR 34.84% to reach USD 14.17 billion by 2030.

Cannabinoid Hemp Oil Market
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The cannabinoid hemp oil market consists of the production, distribution, and sale of hemp-derived oil products rich in cannabinoids. These products predominantly contain cannabidiol (CBD), among other cannabinoids, and are touted for various wellness and therapeutic benefits. In nutraceuticals and food and beverages, cannabinoid hemp oil is differentiated from cannabis oil, containing higher THC levels, and is legal in a growing number of regions under specific regulations. Key drivers of the cannabinoid hemp oil utilization include the increasing acknowledgment of the therapeutic properties of CBD, the legalization of hemp in various countries, and the expanding application base in personal care products and pharmaceuticals. Public awareness about mental health and well-being, coupled with ongoing research and development activities promoting the health benefits of cannabinoid hemp oil, contribute to the growth. However, stringent regulations, inconsistent public policy across jurisdictions, and a lack of standardized dosing and clear product labeling pose challenges. Additionally, concerns over product quality, contaminants, and the unregulated nature of a significant portion of the market hinder consumer confidence and industry credibility. The growing acceptance of herbal and natural products in healthcare presents significant opportunities within the cannabinoid hemp oil. There is an increasing demand for sustainable and clean-label products. Innovations in product formulation, expansion into new demographics, and strategic partnerships between hemp oil producers and traditional consumer goods companies present avenues for expansion. Furthermore, evolving regulatory landscapes may provide a more precise operation framework and market access, propelling the growth.
Cannabinoid Hemp Oil Market - Global Forecast 2024-2030
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FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cannabinoid Hemp Oil Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cannabinoid Hemp Oil Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cannabinoid Hemp Oil Market, highlighting leading vendors and their innovative profiles. These include Aphria, Inc., Canopy Growth Corporation, CBD Health Solutions, LLC, Charlotte's Web, CV Sciences, Inc., Elixinol LLC, Endoca, Folium Biosciences, Freedom Leaf Inc., Green Roads of Florida, LLC, Isodiol International, Inc., Kazmira LLC, Medical Marijuana, Inc., NuLeaf Naturals LLC, and Pharmahemp.

Market Segmentation & Coverage

This research report categorizes the Cannabinoid Hemp Oil Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Form
    • Concentrated Oil
    • Cream
    • Food Additive
    • Inhaled Liquids
    • Supplement Capsule
    • Tincture Spray
  • Source
    • Inorganic
    • Organic
  • Distribution Mode
    • Offline Mode
    • Online Mode
  • Application
    • Cosmetics & Personal Care
    • Food & Beverage
    • Medical & Pharmaceuticals
    • Pet Care

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Cannabinoid Hemp Oil Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cannabinoid Hemp Oil Market?
  3. What are the technology trends and regulatory frameworks in the Cannabinoid Hemp Oil Market?
  4. What is the market share of the leading vendors in the Cannabinoid Hemp Oil Market?
  5. Which modes and strategic moves are suitable for entering the Cannabinoid Hemp Oil Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Cannabinoid Hemp Oil Market, by Form
  7. Cannabinoid Hemp Oil Market, by Source
  8. Cannabinoid Hemp Oil Market, by Distribution Mode
  9. Cannabinoid Hemp Oil Market, by Application
  10. Americas Cannabinoid Hemp Oil Market
  11. Asia-Pacific Cannabinoid Hemp Oil Market
  12. Europe, Middle East & Africa Cannabinoid Hemp Oil Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 380]
  17. List of Companies Mentioned [Total: 15]
Frequently Asked Questions
  1. How big is the Cannabinoid Hemp Oil Market?
    Ans. The Global Cannabinoid Hemp Oil Market size was estimated at USD 1.74 billion in 2023 and expected to reach USD 2.35 billion in 2024.
  2. What is the Cannabinoid Hemp Oil Market growth?
    Ans. The Global Cannabinoid Hemp Oil Market to grow USD 14.17 billion by 2030, at a CAGR of 34.84%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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