Market Research Report
Global CBD Oil Market 2022-2026
|Global CBD Oil Market 2022-2026|
Published: May 9, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the CBD oil market and it is poised to grow by $ 3.97 bn during 2022-2026, accelerating at a CAGR of 26.43% during the forecast period. Our report on the CBD oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing Millennial population in key cannabis markets, the health-promoting benefits of CBD oil, and the increasing number of new product launches.
The CBD oil market analysis includes the product segment and geographic landscape.
Technavio's CBD oil market is segmented as below:
By Geographical Landscape
This study identifies the growing legalization of cannabis-based products as one of the prime reasons driving the CBD oil market growth during the next few years. Also, advent of advanced cultivation processes and growth in the e-commerce industry will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on CBD oil market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading CBD oil market vendors that include Aurora Cannabis Inc., BIOTA Biosciences LLC, CannazALL, Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Wellness Ltd., Endoca BV, Folium Biosciences, Gaia Botanics, Green Roads of Florida LLC, Happie Hemp Pvt. Ltd., Isodiol International Inc., Kazmira LLC, Leafly Holdings Inc., Medical Marijuana Inc., NuLeaf Naturals LLC, Pharmahemp, Silver Shadow Ventures LLC, and Tilray Inc. Also, the CBD oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.