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Cannabidiol Oil Market Size Predicted to Increase at a Positive CAGR | Aurora Cannabis, ENDOCA, Gaia Herbs, ISODIOL

Cannabidiol Oil Market Size, Share & Trends Analysis – Global Opportunity Analysis And Industry Forecast 2030  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Cannabidiol Oil  market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Cannabidiol Oil  market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Cannabidiol Oil  Market

The global cannabidiol oil market size was US$ 3.57 billion in 2021. The global cannabidiol oil market is forecast to grow to US$ 16.3 billion by 2030 by registering a compound annual growth rate (CAGR) of 21.2% during the forecast period from 2022 to 2030.

Cannabidiol oil is extracted from cannabis or hemp, which has major applications in treating anxiety, and inflammation, relieving pain and curing seizures.

Factors Influencing the Market

The growing demand for plant-based products is the primary factor expected to drive the demand for cannabidiol oil in the coming years. Moreover, the fact that cannabidiol oil cures anxiety will fuel the growth of the overall market dur to growing cases of anxiety and depression.

The growing prevalence of diabetes and cancer will also benefit the cannabidiol oil market. Moreover, the oil is also used to treat seizures, inflammation, relieve pain, etc. As a result, the growing awareness about the medicinal advantages of the oil will drive its demand during the study period.

Additionally, the growing number of e-commerce platforms offering efficient hemp oil will increase awareness among the general public. Thus, it will contribute to the growth of the market. On the contrary, stringent regulatory infrastructure may limit the growth of the cannabidiol oil market during the forecast period.

COVID-19 Impact Analysis

 

The sudden onset of the COVID-19 surged the rate of anxiety cases across the globe. This was majorly due to the disruptions in the lives of people caused by the pandemic, such as job loss, health-related problems, and others. The demand for cannabidiol oil witnessed increased in the past few years due to this health emergency. Furthermore, R&D activities in plant-based medications also surged to cure stress, anxiety, depression, etc. For instance, the University of Texas, in collaboration with, SunFlora.Inc and Way West Hemp Inc. conducted II/III clinical trial in 2020, majorly to evaluate the effectiveness of CBD isolate and full-spectrum cannabidiol oil for treating COVID-19 induced anxiety, anger, depression, and other issues. Thus, growing R&D activities will benefit the market even in the coming years.

Regional Analysis

Based on region, the Asia-Pacific cannabidiol oil market is forecast to emerge as the largest market, owing to the presence of various hemp-producing plants. China is expected to be the largest contributor to the cannabidiol oil market as it is one of the largest hemp cultivators in Asia, which develops half of the world’s hemp. Furthermore, favourable legalization approving the use of cannabidiol will benefit the manufacturers. For instance, Thailand became the first Southeast Asian country in 2019 that permitted the use of cannabis for medicinal applications. Thus, such factors are expected to benefit the Asia-Pacific cannabidiol oil market during the study period.

 

Competitors in the Market

Aurora Cannabis

ENDOCA

Gaia Herbs

ISODIOL

IRIE CBD

CV Sciences Inc.

CBD American Shaman

Canopy Growth Corporation

Elixinol

NuLeaf Naturals, LLC

ConnOils LLC

Medical Marijuana, Inc.

Other Prominent Players

Market Segmentation

 

The global cannabidiol oil market segmentation focuses on Source, End-Use, and Region.

 

By Source Outlook

 

Hemp

Marijuana

By End-Use Outlook

 

Medical

Chronic Pain

Mental Disorders

Cancer

Others

Personal Use

Pharmaceuticals

Wellness

Food & Beverages

Personal Care & Cosmetics

Nutraceuticals

Others

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

 

What is market research report?

Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.

The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.

 

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, till 2030
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.

 

About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.

 

COVID-19 – Next Thoughts: In this piece, we have shared key data and numbers that shine a spotlight on the current scale of the crisis and the economic fallout. A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

For more information or any query mail at sales@reportocean.com

 

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

 

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

 

The study objectives of this report are:

  • To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2025.
  • To understand the structure of market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

 

The Study Explore COVID 19 Outbreak Impact Analysis

 

  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Cannabidiol Oil  Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Cannabidiol Oil  market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Cannabidiol Oil   Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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