CBD Market Market Size, Share, COVID-19 Impact Analysis & Trends Report 2021-2028 (PDF)

CBD Market Market Size, Share, COVID-19 Impact Analysis & Trends Report 2021-2028 (PDF)

The global CBD Market size was valued at USD 7.1 billion in 2019 and it is anticipated to read USD 26.25 billion by 2028 as per new market research report published by UpGraph Research

Cannabidiol is a chemical compound derived from the cannabis Sativa plant whose common name is Marijuana or hemp. Cannabidiol is not the compound that is responsible for making a person high. Unlike medical cannabinoids like morphine which are used for pain relief CBD is used to treat certain rare conditions of epilepsy. It has a vivid effect on the brain. It prevents the breakdown of chemicals in the brain that has an effect on mood and other functions. What this does is increases the concentration of these chemicals in the bloodstream and rescues psychotic symptoms relating to conditions like schizophrenia. It is also used in pain relief and anxiety.

The CBD market is segmented on the basis of Product, Application, and regions.

  • The product segment is further segmented into grades like food and therapeutic grade. Among these, the therapeutic grade holds a lot more market and is valued at around 870.83 Million USD in 2019. This is because of the health benefits of CBD oil and based on its benefits in treating neuropsychiatric disorders.
  • The application segment is further segmented into neurodegenerative disorder, fibromyalgia, etc., Among these, the fibromyalgia segment holds more significance in the CBD market as it has a share of 47% in 2019. This is because of the rising number of psychological disorders exhibited by people, especially young adults.

Overall, The market is dominated by the product segment for the above-stated reasons. The key application segments that will be covered in this report are Neurodegenerative Disorder, Fibromyalgia, Diabetes. According to this report In the global Cannabidiol, the market size was USD 414.7 million in 2019 and it is estimated to reach 3197.2 million USD by the end of 2028, with a CAGR of 33.5% to show during 2021-2028.

Global Cannabidiol Market Segmentation

This market report shall provide in-depth information including market estimates & forecast, trends, market growth analysis at regional and country level for the following key segments in the Global cannabidiol market

Segment Subsegment
Product
  • Food Grade
  • Therapeutic Grade
Application
  • Neurodegenerative Disorder
  • Fibromyalgia
  • Diabetes
  • Others
Region
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • The U.K.
    •  Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East & Africa
    • UAE
    • South Africa

 

Key Players / Top Companies in the Global Cannabidiol Market

The report shall incorporate detailed company profiles of the following key players including their business overview, financial performance, product/service benchmarking, strategic initiatives:

  • Charlotte’s Web
  • CBD American Shaman
  • CBDfx
  • Green Roads
  • Lazarus Naturals
  • Medterra
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit

Get a tailor-made report suitable to your budget. Connect with us to buy specific chapter, a country level report or just the datasheet of this report.

  • The only company that offer 30 days money back guarantee.
  • World-class data privacy policy.
  • Huge research reports database
  • Trustworthy pre & post sales services
  • Highly secure &  convenient payment options
  • 24*5 Research support service

We offer special discounts to students, NGOs & government agencies. click below to avail the discount.

Contact Us

Wait... Get Your 20% Discount Coupon

Thank You For Visiting Our Website, As A Token Of Appreciation, Here Is Your 20% Off Coupon Valid On Any Report Purchase Within Next 3 Months...Cheers

WE ARE USING COOKIES TO MAKE YOUR EXPERIENCE ON YOUR WEBSITE BETTER
Read more about our Policy