Monday, November 21, 2022

Global Cannabidiol (CBD) Strategic Business Report 2022: Market to Reach $13.4 Billion by 2027 – U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.8% CAGR – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Cannabidiol: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Cannabidiol Market to Reach $13.4 Billion by 2027 In the changed post COVID-19 business landscape, the global market for Cannabidiol estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$13.4 Billion by 2027, growing at a CAGR of 15.1% over the analysis period 2020-2027. Hemp, one of the segments analyzed in the report, is projected to record 16.4% CAGR and reach US$8.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Marijuana segment is readjusted to a revised 12.8% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.8% CAGR The Cannabidiol market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 13.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR. What's New for 2022? Global competitiveness and key competitor percentage market shares Market presence across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to digital archives and Research Platform Complimentary updates for one year Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession Cannabidiol - Global Key Competitors Percentage Market Share in 2022 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) 2. FOCUS ON SELECT PLAYERS (Total 47 Featured) ABcann Medicinals, Inc. Aphria, Inc Aurora Cannabis Canopy Growth Corporation CBD LION CBDfxBota CBDistillery cbdMD GW Pharmaceuticals, plc Kazmira Maricann, Inc. (Wayland Group Corporation) Medixcbd Medterra NuLeaf Naturals Organigram Holding, Inc. The CBD Company The Cronos Group Tikun Olam Tilray 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. REGIONAL MARKET ANALYSIS UNITED STATES Cannabidiol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) CANADA JAPAN Cannabidiol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) CHINA Cannabidiol Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) EUROPE
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