Cannabidiol Oil

Cannabidiol Oil Market by Product (Hemp CBD Oil, Marijuana CBD Oil), Source (Inorganic, Organic), Distribution Channel, Application - Global Forecast 2024-2030

SKU
MRR-437896AA38C8
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 1.42 billion
2030
USD 7.77 billion
2024
USD 1.80 billion
CAGR
27.47%
360iResearch Analyst
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[187 Pages Report] The Cannabidiol Oil Market size was estimated at USD 1.42 billion in 2023 and expected to reach USD 1.80 billion in 2024, at a CAGR 27.47% to reach USD 7.77 billion by 2030.

Cannabidiol Oil Market
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The cannabidiol (CBD) oil market comprises the sale and distribution of CBD oil products. CBD oil is a natural, non-psychoactive concentrate extracted from hemp or cannabis plants. It is known for its potential therapeutic properties, which have sparked significant interest in diverse industries, including pharmaceuticals, cosmetics, food and beverages, and nutraceuticals. cannabidiol (CBD) oil is used in varied products such as tinctures, capsules, edibles, topicals, and concentrates designed to offer various health and wellness benefits. Growing awareness of CBD oil's potential health benefits, including pain relief, anxiety reduction, and improvement in sleep and cognitive functions has propelled its adoption. Supportive legislative changes worldwide that legalize and regulate the sale of hemp-derived products have substantially facilitated the rise in sale. Additionally, the surge in investment in clinical research and product development by major pharmaceutical firms underpins the market's continued growth. Regulatory inconsistencies across regions pose significant challenges, as different countries have distinct and evolving legal frameworks governing CBD oil. However, standardizing product quality, which is vital for consumer safety and trust, is challenging. Furthermore, stigmatization surrounding cannabis-derived products, despite their non-psychoactive nature, impedes market acceptance in some demographics. Opportunities for CBD oil are abundant due to its expanding application scope. There is a surging demand for CBD-infused products within the beauty and personal care sector due to their anti-inflammatory and antioxidant properties. Technological advancements in extraction and processing are expected to yield higher purity and quality products, fueling further growth.
Cannabidiol Oil Market - Global Forecast 2024-2030
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FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cannabidiol 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 Cannabidiol 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 Cannabidiol Oil Market, highlighting leading vendors and their innovative profiles. These include Aurora Cannabis Inc., Canabidol CBD, Canopy Growth Corporation, CBD Life UK, CV Sciences, Inc., Elixinol LLC, Endoca, Folium Biosciences, GW Pharmaceuticals PLC, Hempura, Isodiol International, Inc., Love Hemp Ltd., Maricann, Inc., Medical Marijuana, Inc., Organigram Holding, Inc., Pharmahemp d.o.o., Provacan, The Cronos Group, Tikun Olam, Tilray Inc., and VIVO Cannabis Inc..

Market Segmentation & Coverage

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

  • Product
    • Hemp CBD Oil
    • Marijuana CBD Oil
  • Source
    • Inorganic
    • Organic
  • Distribution Channel
    • Offline Mode
    • Online Mode
  • Application
    • Cosmetics
    • 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 Cannabidiol Oil Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cannabidiol Oil Market?
  3. What are the technology trends and regulatory frameworks in the Cannabidiol Oil Market?
  4. What is the market share of the leading vendors in the Cannabidiol Oil Market?
  5. Which modes and strategic moves are suitable for entering the Cannabidiol Oil Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Cannabidiol Oil Market, by Product
  7. Cannabidiol Oil Market, by Source
  8. Cannabidiol Oil Market, by Distribution Channel
  9. Cannabidiol Oil Market, by Application
  10. Americas Cannabidiol Oil Market
  11. Asia-Pacific Cannabidiol Oil Market
  12. Europe, Middle East & Africa Cannabidiol Oil Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 372]
  17. List of Companies Mentioned [Total: 21]
Frequently Asked Questions
  1. How big is the Cannabidiol Oil Market?
    Ans. The Global Cannabidiol Oil Market size was estimated at USD 1.42 billion in 2023 and expected to reach USD 1.80 billion in 2024.
  2. What is the Cannabidiol Oil Market growth?
    Ans. The Global Cannabidiol Oil Market to grow USD 7.77 billion by 2030, at a CAGR of 27.47%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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