CBD OIL MARKET GLOBAL PRODUCTION, GROWTH, SHARE, DEMAND AND APPLICATIONS FORECAST 2019 TO 2026 | POLARIS MARKET RESEARCH

October 08 15:38 2019
CBD OIL MARKET GLOBAL PRODUCTION, GROWTH, SHARE, DEMAND AND APPLICATIONS FORECAST 2019 TO 2026 | POLARIS MARKET RESEARCH

CBD OIL MARKET
Polaris Market Research offers 2019 Depth Insights report on Global CBD Oil Market that evaluates industry growth trends, through historical data and estimates future prospects based on comprehensive research. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the adoption trends for the period 2019-2026.

The global CBD Oil Market size is expected to reach USD 3,095.3 million by 2026 and is anticipated to grow at a CAGR of 30.9% during the forecast period. according to a new study by Polaris Market Research. The report “CBD Oil Market Share, Size, Trends, Industry Analysis Report By Product (Hemp Based and Marijuana Based), By Application (Pharmaceuticals, Food & Beverages, Cosmetics and Others); By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online, Others); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

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Flexibility of CBD oil thus resulting in a wide variety of applications, health benefits such as ability to boost cognitive abilities, anti-inflammatory properties, among others, and information outburst through a variety of platforms including social media are benefitting the CBD oil market demand. Development of novel products such as CBD oil infused honey and aggressive marketing strategies adopted to promote the same is also expected to benefit the overall market growth.

The key players in the market for CBD oil include ENDOCA, Isodiol, Medical Marijuana, Cannoid., Canopy Growth Corporation, Elixinol Group, Folium Biosciences, Diamond CBD, NuLeaf Naturals, PharmaHemp, Aphria Inc. and Gaia Botanicals among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.

In the past, CBD related research was restricted to the treatment of severe diseases such as cancer and epilepsy and this put limitations on the usage in other avenues such as cosmetics. However, with multinationals taking interest in the product, the research horizon widened and properties such as anti-inflammatory were discovered which led to the usage of the oil not just by health provider brands but by wellness brands as well. This widened usage coupled with the rising preference for preventive healthcare has fueled CBD oil market growth across the globe.

North America emerged as the largest market for CBD oil in 2018 and is expected to maintain its dominance over the forecast period. Strong presence of companies in the US, high awareness regarding CBD oil usage, availability of a wide variety of products as well as efficient distribution channels leading to easy availability are some of the factors benefitting the regional market demand. Acquisition of companies having good brand recall and brand awareness by multinationals is a key market scenario in the region.

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Polaris Market research has segmented the CBD oil market report on the basis of product, application, distribution channel and region

CBD Oil Product Outlook (Revenue, USD Million, 2015 – 2026)

Hempseed Based
Marijuana Based

CBD Oil Application Outlook (Revenue, USD Million, 2015 – 2026)

Pharmaceuticals
Food & Beverages
Cosmetics
Others

CBD Oil Distribution Channel Outlook (Revenue, USD Million, 2015 – 2026)

Hospital Pharmacy
Retail Pharmacy
Online
Others

Table of Contents

Overview and Scope
Executive Summary
CBD Oil Market Insights
CBD Oil Market Size and Forecast by Product
CBD Oil Market Size and Forecast by Application
CBD Oil Market Size and Forecast by Distribution Channel
CBD Oil Market Size and Forecast by Regions
Company Profiles

List of Tables

Table 1 Global CBD Oil market (USD Million) 2015 – 2026
Table 2 Global CBD Oil market by region 2015 – 2026 (USD Million)
Table 3 Global CBD Oil market by product, 2015 – 2026 (USD Million)
Table 4 Global CBD Oil market by application, 2015 – 2026 (USD Million)
Table 5 Global CBD Oil market by distribution channel, 2015 – 2026 (USD Million)
Table 6 Hempseed-based CBD Oil market, 2015 – 2026 (USD Million)
Table 7 Hempseed-based CBD Oil market, by region, 2015 – 2026 (USD Million)
Table 8 Hempseed-based CBD Oil market, 2015 – 2026 (USD Million)
Table 9 Hempseed-based CBD Oil market, by region, 2015 – 2026 (USD Million)

Continued…

List of Figures
FIG. 1 Market snapshot
FIG. 2 Market segmentation & scope
FIG. 3 Global CBD Oil market size and growth prospects, 2015 – 2026
FIG. 4 Value chain analysis
FIG. 5 CBD Oil market dynamics
FIG. 6 Key market opportunities – prioritized
FIG. 7 Industry analysis – Porter’s
FIG. 8 PESTEL analysis
FIG. 9 Global CBD Oil market share by product, 2018 & 2026

Continued…

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