Oct 28, 2020, 06:30 ET
DUBLIN, Oct. 28, 2020 /PRNewswire/ -- The "CBD Consumer Health - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global CBD Consumer Health Market accounted for $7.89 billion in 2019 and is expected to reach $40.2 billion by 2027, growing at a CAGR of 22.6% during the forecast period.
Growing legalization of cannabis-based CBD products, rise in disposable income and positive government reforms for the legalization of cannabidiol (CBD) in various regions are some of the factors propelling the growth of the market. However, the availability of alternatives and the high price of CBD products are hampering the growth of the market.
Cannabidiol is one of the main cannabinoids extracted from the hemp or from marijuana, which is primarily found in the Cannabis sativa plant. Cannabidiol is a compound which is being utilized due to its therapeutic properties in humans.
Based on the product, the nutraceuticals segment is anticipated to hold considerable market share during the forecast period owing to the increasing awareness amongst consumers regarding the health benefits of cannabidiol, changing consumer preferences towards organic ingredients in dietary supplements, and favourable government reforms regarding CBD. By geography, Europe is expected to grow at a significant market share during the forecast period due to an increase in consumption, rising awareness, positive attitude regarding CBD products, and strategic investments by major companies in the region.
Some of the key players profiled in the CBD Consumer Health Market include Elixinol Global Limited, CV Sciences Inc., NuLeaf Naturals LLC, Medical Marijuana Inc., Lord Jones, Kazmira, Joy Organics, ENDOCA, and Charlotte's Web.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global CBD Consumer Health Market, By Product
5.2.1 Weight Management and Wellbeing
5.2.2 Vitamins and Dietary Supplements
5.2.3 Sports Nutrition
5.3 Medical Over-The-Counter (OTC) Products
5.3.1 Sleep Aids Products
5.3.2 Mental Health Products
5.3.3 Dermatology Products
5.3.4 Analgesic Products
5.5 Food and Beverages
5.6 Personal Care & Cosmetic Products
5.6.1 Infused Skin Care Products
5.6.2 Infused Beauty Products
5.6.3 Infused Hair Care Products
6 Global CBD Consumer Health Market, By Distribution Channel
6.2 Retail Stores
6.3 Retail Pharmacies
6.4 Online Stores
7 Global CBD Consumer Health Market, By Geography
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launches
8.5 Other Key Strategies
9 Company Profiling
9.1 Elixinol Global Limited
9.2 CV Sciences Inc.
9.3 NuLeaf Naturals LLC
9.4 Medical Marijuana Inc.
9.5 Lord Jones
9.7 Joy Organics
9.9 Charlotte's Web
For more information about this report visit https://www.researchandmarkets.com/r/rsingu
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets
Laura Wood, Senior Manager
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
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article