NEW YORK, June 29, 2022 /PRNewswire/ -- The "
CBD Oil Market by Product and Geography - Forecast and Analysis" report has been added to Technavio's offering. According to the report, the market's growth is accelerating at a
CAGR of 26.43% and is expected to witness an incremental growth of
USD 3.97 billion between 2021 and 2026.
North America is expected to emerge as a prominent market in terms of revenue generation and offers significant growth opportunities for market players.
Technavio has announced its latest market research report titled CBD Oil Market by Product and Geography - Forecast and Analysis 2022-2026
Get Sample Report Now
for highlights on the market size, growth momentum, and regional growth opportunities in the market.
The global CBD oil market is fragmented due to the presence of numerous small and large vendors. The vendors compete based on factors such as price, quality, innovation, reputation, and distribution. Some vendors are adopting inorganic growth strategies such as mergers and acquisitions to remain competitive in the market.
Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Aurora Cannabis Inc., Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Global Ltd., Endoca BV, Gaia Botanics, Isodiol International Inc., Medical Marijuana Inc., and NuLeaf Naturals LLC are identified as key market participants.
The growing millennial population in key cannabis markets has been instrumental in driving the growth of the market. However, adverse effects of CBD oil products might hamper the market growth.
Buy the full report to gain access to detailed vendor profiles, key products offered by vendors, and successful business strategies adopted by key players in the market.
Request Sample Report Now!
CBD Oil Market Segmentation
The global CBD oil market is segmented as below:
Product
Marijuana Derived CBD Oil
Hemp-Deriveded CBD Oil
The market growth in the
marijuana-derived CBD oil segment will be significant over the forecast period. The increasing number of countries legalizing marijuana and the rising number of organized retailing outlets offering CBD oil-based products are driving the growth of the segment.
Geography
North America
South America
Europe
APAC
MEA
North America is the dominant region, occupying 37% of the global market share. The presence of a large number of hemp producers and manufacturers is driving the growth of the regional market. The US and Canada are the key markets for CBD Oil in North America.
Identify other p
otential segments and regions to invest in over the forecast period.
Click here for a sample report
CBD Oil Market Key Highlights
CAGR of the market during the forecast period
Detailed information on factors that will assist CBD oil market growth during the next five years
Estimation of the CBD oil market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the CBD oil market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of CBD oil market vendors
T
o know additional highlights and key points on various market segments and their impact in coming years.
Read Sample Report Before Purchasing
Related Reports:
Skimmed Milk Market by Application and Geography - Forecast and Analysis 2022-2026
Baobab Powder Market by Application and Geography - Forecast and Analysis 2022-2026
Table of Contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product
5.3 Marijuana derived cbd oil - Market size and forecast 2021-2026
Exhibit 28: Chart on Marijuana derived cbd oil - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Marijuana derived cbd oil - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Marijuana derived cbd oil - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Marijuana derived cbd oil - Year-over-year growth 2021-2026 (%)
5.4 Hemp derived cbd oil - Market size and forecast 2021-2026
Exhibit 32: Chart on Hemp derived cbd oil - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Hemp derived cbd oil - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Hemp derived cbd oil - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Hemp derived cbd oil - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Product
Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 South America - Market size and forecast 2021-2026
Exhibit 46: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.6 APAC - Market size and forecast 2021-2026
Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 Canada - Market size and forecast 2021-2026
Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)
7.10 Germany - Market size and forecast 2021-2026
Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.11 France - Market size and forecast 2021-2026
Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
7.12 UK - Market size and forecast 2021-2026
Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 Aurora Cannabis Inc.
Exhibit 89: Aurora Cannabis Inc. - Overview
Exhibit 90: Aurora Cannabis Inc. - Product / Service
Exhibit 91: Aurora Cannabis Inc. - Key offerings
10.4 Canopy Growth Corp.
Exhibit 92: Canopy Growth Corp. - Overview
Exhibit 93: Canopy Growth Corp. - Business segments
Exhibit 94: Canopy Growth Corp. - Key news
Exhibit 95: Canopy Growth Corp. - Key offerings
Exhibit 96: Canopy Growth Corp. - Segment focus
10.5 CBD American Shaman LLC
Exhibit 97: CBD American Shaman LLC - Overview
Exhibit 98: CBD American Shaman LLC - Product / Service
Exhibit 99: CBD American Shaman LLC - Key offerings
10.6 CV Sciences Inc.
Exhibit 100: CV Sciences Inc. - Overview
Exhibit 101: CV Sciences Inc. - Business segments
Exhibit 102: CV Sciences Inc. - Key offerings
Exhibit 103: CV Sciences Inc. - Segment focus
10.7 Elixinol Wellness Ltd.
Exhibit 104: Elixinol Wellness Ltd. - Overview
Exhibit 105: Elixinol Wellness Ltd. - Business segments
Exhibit 106: Elixinol Wellness Ltd. - Key offerings
Exhibit 107: Elixinol Wellness Ltd. - Segment focus
10.8 Endoca BV
Exhibit 108: Endoca BV - Overview
Exhibit 109: Endoca BV - Product / Service
Exhibit 110: Endoca BV - Key offerings
10.9 Gaia Botanics
Exhibit 111: Gaia Botanics - Overview
Exhibit 112: Gaia Botanics - Product / Service
Exhibit 113: Gaia Botanics - Key offerings
10.10 Isodiol International Inc.
Exhibit 114: Isodiol International Inc. - Overview
Exhibit 115: Isodiol International Inc. - Product / Service
Exhibit 116: Isodiol International Inc. - Key offerings
10.11 Medical Marijuana Inc.
Exhibit 117: Medical Marijuana Inc. - Overview
Exhibit 118: Medical Marijuana Inc. - Product / Service
Exhibit 119: Medical Marijuana Inc. - Key offerings
10.12 NuLeaf Naturals LLC
Exhibit 120: NuLeaf Naturals LLC - Overview
Exhibit 121: NuLeaf Naturals LLC - Product / Service
Exhibit 122: NuLeaf Naturals LLC - Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 123: Inclusions checklist
Exhibit 124: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 125: Currency conversion rates for US$
11.4 Research methodology
Exhibit 126: Research methodology
Exhibit 127: Validation techniques employed for market sizing
Exhibit 128: Information sources
11.5 List of abbreviations
Exhibit 129: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website:
SOURCE Technavio