Learn about the global cannabidiol market through The Business Research Company, which provides information on cannabidiol market size, cannabidiol market drivers and restraints, cannabidiol market players, the COVID-19 impact on the cannabidiol market, and more.

The global cannabidiol market size is expected to grow from $5.03 billion in 2021 to $6.77 billion in 2022 at a compound annual growth rate (CAGR) of 34.4%. The cannabidiol products market size is expected to grow to $23.24 billion in 2026 at a CAGR of 36.1%.

The rising acceptance and use of CBD products due to government approvals are expected to propel the growth of the cannabidiol market.

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The cannabidiol market consists of sales of cannabidiol products by entities (organizations, sole traders, and partnerships) is defined as a chemical compound found in hemp or marijuana. Cannabidiol or CBD is derived from the Cannabis Sativa plant that is also known as hemp or cannabis. Cannabidiol is used to treat epilepsy, anxiety, dystonia, pain, Parkinson’s disease, Crohn’s disease, and various other health problems. Its other applications include coffee products, skincare products, and pet treats.

Global Cannabidiol Market Segments Include:
By Product: Oil, Tinctures, Suppository, Transdermal Patches, Vape Oil, Isolates, Creams and Roll-On, Capsules, Tablets, Others

By Source: Marijuana, Hemp

By Treatment: CBD Oil, Supplements

By Application: Medical, Personal Use, Pharmaceuticals, Wellnes

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Stores, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cannabidiol market in 2021.

Product innovations are a key trend gaining popularity in the cannabidiol market. Product innovation helps in bringing change in a monotonous market. It helps companies create an edge over others and acquire more customers by launching new products.

TBRC’s cannabidiol market report covers:

Major Market Players: ENDOCA, Cannoid LLC, Medical Marijuana Inc., Folium Biosciences, Elixinol, NuLeaf Naturals LLC, Isodiol International Inc, Pharmahemp, Canopy Growth Corporation, CV Sciences Inc, Cronos Group, CBD American Shaman LLC, Aphria Inc, Maricann Inc, Tilray Brands Inc., OrganiGram Holdings Inc., and CannTrust Holdings.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Cannabidiol Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides cannabidiol market overviews, analyzes and forecasts market size, share, cannabidiol market players, cannabidiol market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cannabidiol market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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