Global CBD Oil Market

Report ID : 1057 | Published : 2021-07-22 | Pages: | Format: PDF/EXCEL

CBD is a compound extracted from Marijuana and Hemp plants and can be used as an oil, with a growing worldwide acceptance of its nutritional and health benefits. CBD oil is also used as a key functional ingredient in food or beverages, cosmetics, personal care products, and dietary supplements.

In recent years, the market has been witnessing significant developments in the CBD Oil industry across the globe owing to ongoing advancements in the research of CBD oil's benefits and innovations in the extraction process. In addition, rising concerns for various neurological disorders, legalization of marijuana in several regions, and emerging applications of CBD oil in cosmetic industry for the treatment of skin problems such as acne are some other significant factors that are expected to show significant market growth during the forecast period. However, At present, the CBD industry has been significantly affected by COVID-19 pandemic and the consequent lockdown situation across globe, including all the regions including North America, Europe, Asia Pacific and the Rest of the Word. COVID-19 pandemic is expected to affect the consumer’s spending power due to economic challenges and temporarily suspended production units.

The global CBD Oil market is segmented on the basis of product, application, and region. Based on the products, the market is divided into Hemp Oil and Marijuana Oil. On the basis of application type, the market is segmented into Pharmaceuticals, Food and Beverages, Cosmetics, and Others. Based on the distribution channel, the market is divided into Hospital Pharmacy, Retail Pharmacy, Hypermarkets/Supermarkets, Convenience Store, Online Retail, and Others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that, Europe held the largest share of the market, followed by America and Asia Pacific. On the other hand, North America is expected to dominate the market during the analysis of forecast period.

The key players of this market include Medical Marijuana, Aurora Cannabis, Canntrust, Connoils, Charlotte's Web, BRITISH CANNABIS, Canopy Growth Corporation, Tilray, Elixinol, Hemp Me, Hudson Valley Hemp LLC., Green Roads, Royal CBD, Moon Mother Hemp Company, King CBD, FOLIUM BIOSCIENCES, CV Sciences, Inc, Pharmahempd.o.o, Gaia Botanicals, LLC, Canazil, Kazmira, Spring Creek Labs, Isodiol International Inc, HempLife Today, Hemp Oil Canada Inc, and other prominent players.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global CBD Oil Market Snapshot

Chapter 4. Global CBD Oil Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Market Dynamics - Drivers

4.3. Challenges/Restraints

4.4. Market Trends

4.5. Industry Analysis – Porter’s Five Forces Analysis

4.6. Competitive Landscape & Market Share Analysis

4.7. Impact of Covid-19 on CBD Industry

Chapter 5. Market Segmentation 1: Product Type Estimates & Trend Analysis

5.1. Product Type & Market Share, 2019 & 2028

5.2. Market Size (Value) & Forecasts and Trend Analyses, 2019 to 2028 for the following Product Type:

5.2.1. Hemp Oil

5.2.2. Marijuana Oil

Chapter 6. Market Segmentation 1: Application Type Estimates & Trend Analysis

6.1. Application Type & Market Share, 2019 & 2028

6.2. Market Size (Value) & Forecasts and Trend Analyses, 2019 to 2028 for the following Application Type:

6.2.1. Pharmaceuticals

6.2.2. Food and Beverages

6.2.3. Cosmetics

6.2.4. Others

Chapter 7. Market Segmentation 1: Distribution channel Estimates & Trend Analysis

7.1. Distribution channel & Market Share, 2019 & 2028

7.2. Market Size (Value) & Forecasts and Trend Analyses, 2019 to 2028 for the following Distribution channel:

7.2.1. Hospital Pharmacy

7.2.2. Retail Pharmacy

7.2.3. Hypermarkets/Supermarkets

7.2.4. Convenience Store

7.2.5. Online Retail

7.2.6. Others

Chapter 8. CBD Oil Market Segmentation 3: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America CBD Oil Market revenue (US$ Million) estimates and forecasts by Product Type, 2019-2028

8.1.2. North America CBD Oil Market revenue (US$ Million) estimates and forecasts by Application Type, 2019-2028

8.1.3. North America CBD Oil Market revenue (US$ Million) estimates and forecasts by Distribution channel, 2019-2028

8.1.4. North America CBD Oil Market revenue (US$ Million) estimates and forecasts by country, 2019-2028

8.1.4.1. U.S.

8.1.4.2. Canada

8.2. Europe

8.2.1. Europe CBD Oil Market revenue (US$ Million) estimates and forecasts by Product Type, 2019-2028

8.2.2. Europe CBD Oil Market revenue (US$ Million) estimates and forecasts by Application Type, 2019-2028

8.2.3. Europe CBD Oil Market revenue (US$ Million) estimates and forecasts by Distribution channel, 2019-2028

8.2.4. Europe CBD Oil Market revenue (US$ Million) by country, 2019-2028

8.2.4.1. Germany

8.2.4.2. Poland

8.2.4.3. France

8.2.4.4. Italy

8.2.4.5. Spain

8.2.4.6. UK

8.2.4.7. Rest of Europe

8.3. Asia Pacific

8.3.1. Asia Pacific CBD Oil Market revenue (US$ Million) estimates and forecasts by Product Type, 2019-2028

8.3.2. Asia Pacific CBD Oil Market revenue (US$ Million) estimates and forecasts by Application Type, 2019-2028

8.3.3. Asia Pacific CBD Oil Market revenue (US$ Million) estimates and forecasts by Distribution channel, 2019-2028

8.3.4. Asia Pacific CBD Oil Market revenue (US$ Million) by country, 2019-2028

8.3.4.1. China

8.3.4.2. India

8.3.4.3. Japan

8.3.4.4. Australia

8.3.4.5. Rest of Asia Pacific

8.4. Latin America

8.4.1. Latin America CBD Oil Market revenue (US$ Million) estimates and forecasts by Product Type, 2019-2028

8.4.2. Latin America CBD Oil Market revenue (US$ Million) estimates and forecasts by Application Type, 2019-2028

8.4.3. Latin America CBD Oil Market revenue (US$ Million) estimates and forecasts by Distribution channel, 2019-2028

8.4.4. Latin America CBD Oil Market revenue (US$ Million) by country, (US$ Million) 2019-2028

8.4.4.1. Brazil

8.4.4.2. Rest of Latin America

8.5. MEA

8.5.1. MEA CBD Oil Market revenue (US$ Million) estimates and forecasts by Product Type, 2019-2028

8.5.2. MEA CBD Oil Market revenue (US$ Million) estimates and forecasts by Application Type, 2019-2028

8.5.3. MEA CBD Oil Market revenue (US$ Million) estimates and forecasts by Distribution channel, 2019-2028

8.5.4. MEA revenue CBD Oil Market revenue (US$ Million) by country, (US$ Million) 2019-2028

8.5.4.1. South Africa

8.5.4.2. Rest of MEA

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Tilray

9.2.1.1. Company Overview

9.2.1.2. Financials

9.2.1.3. Product portfolio

9.2.1.4. Business strategy & Recent developments

9.2.2. Medical Marijuana

9.2.3. Aurora Cannabis

9.2.4. Canntrust

9.2.5. Connoils

9.2.6. Charlotte's Web

9.2.7. BRITISH CANNABIS

9.2.8. Canopy Growth Corporation

9.2.9. Elixinol

9.2.10. Hemp Me

9.2.11. Hudson Valley Hemp LLC.

9.2.12. Green Roads

9.2.13. Royal CBD

9.2.14. Moon Mother Hemp Company

9.2.15. King CBD

9.2.16. FOLIUM BIOSCIENCES

9.2.17. CV Sciences, Inc

9.2.18. Pharmahemp d.o.o

9.2.19. Gaia Botanicals, LLC

9.2.20. Canazil

9.2.21. Kazmira

9.2.22. Spring Creek Labs

9.2.23. Isodiol International Inc

9.2.24. HempLife Today

9.2.25. Hemp Oil Canada Inc

9.2.26. OTO International Ltd

9.2.27. Other Prominent Players

Global CBD Oil Market Segmentation

 

Global CBD Oil Market by Product

  • Hemp Oil
  • Marijuana Oil

Global CBD Oil Market Based on Application

  • Pharmaceuticals
  • Food and Beverages
  • Cosmetics
  • Others

Global CBD Oil Market Based on Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Online Retail
  • Others

 Global CBD Oil Market Based on Region

Europe

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America

  • U.S.
  • Canada

Asia Pacific

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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