Global CBD Oil Market 2017-2021: Growth at CAGR of 39.19% - Growing Influence of Online Retailing

News provided by

Research and Markets

25 Oct, 2017, 10:30 ET

DUBLIN, October 25, 2017 /PRNewswire/ --

The "Global CBD Oil Market 2017-2021" report has been added to Research and Markets' offering.

The global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021.

Global CBD Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, whereas marijuana-derived CBD oil products have a relatively high concentration of THC.

The latest trend gaining momentum in the market is Growing influence of online retailing. The increasing popularity of e-commerce businesses worldwide has provided vendors with an opportunity to enhance their profit margins and revenues. E-commerce accounted for nearly 12% of the global retail trade in 2016. Online and e-commerce channels support both business-to-consumer (B2C) and business-to-business (B2B) operations.

According to the report, one of the major drivers for this market is Health benefits of CBD oil. CBD is one of the numerous compounds found in the cannabis plant. CBD is mostly derived from marijuana and hemp, which come from the same plant species called Cannabis sativa. Marijuana-based CBD products have a relatively high content of THC compared with hemp-derived CBD products. Hence, marijuana-based CBD products can be used only when they are prescribed by doctors. CBD oil products have several benefits. They are known to cure various ailments in the human body. Over the years, the demand for CBD oil has increased in different parts of the world because of the growing awareness about the health benefits of CBD oil.

Further, the report states that one of the major factors hindering the growth of this market is Unwillingness to invest in cannabis industry. Many investment organizations, such as banks, have expressed their unwillingness to invest in the cannabis industry at regular intervals. Most of the investment organizations in the US and Canada have often declined to provide loans to vendors in the cannabis industry. They have also declined to take a share of the revenue generated from the cannabis market, which includes hemp, marijuana, and other drug-related businesses.

Key vendors

  • ENDOCA
  • Gaia Botanicals
  • Isodiol
  • Medical Marijuana

Other prominent vendors

  • Aurora Cannabis (AC)
  • Cannoid
  • CBD American Shaman
  • Canopy Growth Corporation
  • CV Sciences
  • Elixinol
  • Folium Biosciences
  • IRIE CBD
  • NuLeaf Naturals
  • PharmaHemp

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market overview
  • Market size and forecast
  • Global legal marijuana market
  • Global CBD oil market
  • Five forces analysis

PART 06: MARKET SEGMENTATION BY PRODUCT TYPE

  • Global CBD oil market by product type
  • Market overview
  • Global marijuana-derived CBD oil products market
  • Global hemp-derived CBD oil products market

PART 07: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas - market size & forecast
  • EMEA - market size & forecast
  • APAC - market size & forecast
  • Key leading countries
  • US - market size & forecast
  • Canada - market size & forecast
  • Spain - market size & forecast
  • UK - market size & forecast
  • Australia - market size & forecast
  • China - market size & forecast
  • Market opportunity

PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Growing influence of online retailing
  • Increasing number of countries legalizing marijuana and decriminalizing cannabis
  • Advent of advanced cultivation processes

PART 11: VENDOR LANDSCAPE

  • Competitive scenario

PART 12: KEY VENDOR ANALYSIS

  • ENDOCA
  • Gaia Botanicals
  • Isodiol
  • Medical Marijuana
  • Other prominent vendors

PART 13: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/3frtph/global_cbd_oil

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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

Related Links

http://www.researchandmarkets.com

Also from this source

Global Insurtech Market Report 2023: Increased Digitization of Insurance Services Drives Growth

Global Dermatology Diagnostic Devices Market Report 2023: Sector is Expected to Reach $33.4 Billion by 2030 at a CAGR of 11.2%

Explore

More news releases in similar topics

PRN Top Stories Newsletters

Sign up to get PRN’s top stories and curated news delivered to your inbox weekly!

Thank you for subscribing!

By signing up you agree to receive content from us.
Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our PRN Consumer Newsletter Privacy Notice. You can withdraw your consent at any time in the footer of every email you'll receive. Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten.
Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. Weitere Informationen über die Verwendung Ihrer Daten im Hinblick auf die Zusendung von relevanten Inhalten, finden Sie in unserer PRN Consumer Newsletter Privacy Notice. Ihre Zustimmung können Sie jederzeit in der Fußzeile jeder erhaltenen E-Mail widerrufen. En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part.
Notre newsletter contient des pixels espions nous permettant la fourniture à chaque abonné, d’un contenu unique en lien avec ses souscriptions et intérêts. Pour de plus amples informations sur l’utilisation faite de vos données en vue de l’envoi des contenus concernés, nous vous invitons à consulter la politique de confidentialité disponible à partir du lien suivant PRN Consumer Newsletter Privacy Notice. Vous pouvez à tout moment revenir sur votre consentement par le biais des informations situées au bas de chaque e-mail reçu. Регистрирайки се, Вие се съгласявате да получавате информационно съдържание от нас. Нашите бюлетини съдържат проследяващи пиксели, които ни помагат да предоставяме уникално съдържание въз основа на ангажираността и интересите на всеки абонат. За повече информация относно начина, по който ще използваме Вашите данни, за да гарантираме, че Ви изпращаме подходящо съдържание, моля, направете справка с нашето Уведомление за поверителност на потребителския бюлетин на PRN. Можете да оттеглите съгласието си по всяко време в долния колонтитул на всеки от имейлите, които ще получите.