CBD Oil Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 130
  • SKU: IRTNTR40147
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The cbd oil market has the potential to grow by $ 3.05 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 27%.

This cbd oil market analysis report entails exhaustive statistical qualitative and quantitative data on Product (Marijuana derived CBD oil and Hemp derived CBD oil) and Geography (North America, South America, Europe, APAC, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the CBD Oil Market Size be in 2021?

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CBD Oil Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing millennial population in key cannabis markets is notably driving the cbd oil market growth, although factors such as adverse effects of cbd oil products may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the cbd oil market get your FREE report sample now.

This post-pandemic cbd oil market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the cbd oil market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major CBD Oil Market Vendors?

The cbd oil market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • Aurora Cannabis Inc.
  • Canopy Growth Corp.
  • CBD American Shaman LLC
  • CV Sciences Inc.
  • Elixinol Global Ltd.
  • Endoca BV
  • Gaia Botanics
  • Isodiol International Inc.
  • Medical Marijuana Inc.
  • NuLeaf Naturals LLC

The cbd oil market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the cbd oil market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for CBD Oil Market?

CBD Oil Market Share by Geography

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The cbd oil market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 37% of the market’s growth will originate from North America during the forecast period. US, Canada, Germany, France, UK, and Spain are the key markets for cbd oil market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is drivers.2.lower. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the CBD Oil Market?

CBD Oil Market Share by Product

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The cbd oil market share growth by the __ segment has been significant. The cbd oil market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cbd oil market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

CBD Oil Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 27%

Market growth 2021-2025

$ 3.05 billion

Market structure

Fragmented

YoY growth (%)

21.03

Regional analysis

North America, South America, Europe, APAC, and MEA

Performing market contribution

North America at 37%

Key consumer countries

US, Canada, Germany, France, UK, and Spain

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aurora Cannabis Inc., Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Global Ltd., Endoca BV, Gaia Botanics, Isodiol International Inc., Medical Marijuana Inc., and NuLeaf Naturals LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this CBD Oil Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cbd oil market growth during the next five years
  • Precise estimation of the cbd oil market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cbd oil market across North America, South America, Europe, APAC, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cbd oil market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The cbd oil market growth will increase by $3052.84 million during 2020-2025.
The cbd oil market is expected to grow at a CAGR of 26.72% during 2020-2025.
Technavio has segmented the cbd oil market by product (Marijuana derived CBD oil and Hemp derived CBD oil) and geographic (North America, South America, Europe, APAC, and MEA).
Aurora Cannabis Inc., Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Global Ltd., Endoca BV, Gaia Botanics, Isodiol International Inc., Medical Marijuana Inc., NuLeaf Naturals LLC are a few of the key vendors in the cbd oil market.
North America will register the highest growth rate of 37.08% among the other regions. Therefore, the cbd oil market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Canada
  • Germany
  • France
  • UK
  • Spain
The key factors driving the cbd oil market growth are:
  • Growing millennial population in key cannabis markets
The cbd oil market vendors should focus on grabbing business opportunities from the marijuana derived cbd oil segment as it accounted for the largest market share in the base year.
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