The Cannabidiol Market covers all the important information associated with the market such as target market, market size, share, current trends, challenges, restraints, competition analysis, and market potential during the forecast period of 2018 to 2025. The report gives an overall market view that helps to understand the environment of the business and allow to discern the threats and opportunities associated with area of industry.
Cannabidiol Market Dynamics
Rising prevalence of Neurogenerative disorders such as dystonia, Alzheimer diseases, multiple sclerosis and others is driving the demand of CBD for medicinal purpose. Growing popularity owing to wellness ingredient is pushing the market growth. Approval of cannabidiol as a first oral drug by FDA for rare and severe form of epilepsy is again boosting the market growth.
According to the global Cannabidiol Market report published by Value Market Research, the market is expected to touch USD 10,280.2 MN by 2025, with a CAGR of 33% growing from USD 1,396.5 MN (by revenue) in 2018.
The key players in the cannabidiol market includes Aurora Cannabis, Canopy Growth Corporation, CBD American Shaman, CV Sciences (CV Sciences, Inc.), Elixinol, Folium Biosciences, Gaia Botanicals (Gaia Botanicals LLC), IRIE CBD, Isodiol (Isodiol International Inc), NuLeaf Naturals (NuLeaf Naturals, LLC.) and PharmaHemp (Pharmahemp d.o.o.).
The broad cannabidiol market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for cannabidiol in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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