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Cannabis News > Cannabis Press Releases > Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com
Cannabis Press Releases

Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com

Business Wire
Last updated: 2022/11/24 at 7:10 PM
Business Wire Published November 24, 2022
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DUBLIN–(BUSINESS WIRE)–The “Global Cannabidiol Market (2022-2027) by Type, Distribution Channel, End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

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The Global Cannabidiol Market is estimated to be USD 3.76 Bn in 2022 and is expected to reach USD 8.15 Bn by 2027, growing at a CAGR of 16.72%

Market Dynamics

Drivers

  • Growing Acceptance and Use of Products Due to Government Approvals
  • Rising Demand from Medical and Pharmaceutical Industry
  • Increasing Awareness of Healing Properties of Cannabidiol

Restraints

  • Risk of Side-Effects Such as Dry Mouth, Diarrhea, Reduced Appetite
  • Legal Constraint on Sales of CBD in Some Countries

Opportunities

  • Increasing Customer Inclination Towards Natural or Herbal Remedies/Products
  • Boosting Product Sales Though Alliances With Health and Wellness Retailers

Challenges

  • Lack of Awareness and Standardization in Many Developing Markets

     

     

Market Segmentations

The Global Cannabidiol Market is segmented based on Type, Distribution Channel, End-User, and Geography.

  • By Type, the market is classified into Hemp and Marijuana.
  • By Distribution Channel, the market is classified into B2B and B2C.
  • By End-User, the market is classified into Medical, Personal Use, Pharmaceuticals, and Wellness.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are ABcann Medicinals, Inc., Aphria, Inc, Aurora Cannabis, Cannoid, LLC, Canopy Growth Corp., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Cannabidiol Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Cannabidiol Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Cannabidiol Market, By Type

7 Global Cannabidiol Market, By Distribution Channel

8 Global Cannabidiol Market, By End-User

9 Americas’ Cannabidiol Market

10 Europe’s Cannabidiol Market

11 Middle East and Africa’s Cannabidiol Market

12 APAC’s Cannabidiol Market

13 Competitive Landscape

14 Company Profiles

15 Appendix

Companies Mentioned

  • ABcann Medicinals, Inc.
  • Aphria, Inc
  • Aurora Cannabis
  • Cannoid, LLC
  • Canopy Growth Corp.
  • CBD American Shaman
  • Cura CS
  • CV Sciences, Inc.
  • Elixinol
  • ENDOCA
  • Folium Biosciences
  • GW Pharmaceuticals, PLC
  • HempLife Today, LLC
  • IrieCBD
  • Isodiol International, Inc.
  • Kazmira, LLC
  • Maricann, Inc.
  • MEDICAL MARIJUANA, Inc.
  • Merck KGaA
  • NuLeaf Naturals, LLC
  • Organigram Holding, Inc.
  • Pharmahemp d.o.o.
  • Phyto Animal Health
  • Tikun Olam
  • Tilray

For more information about this report visit https://www.researchandmarkets.com/r/w3new1

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

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Business Wire November 24, 2022
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