Thursday, November 24, 2022

Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Cannabidiol Market (2022-2027) by Type, Distribution Channel, End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Cannabidiol Market is estimated to be USD 3.76 Bn in 2022 and is expected to reach USD 8.15 Bn by 2027, growing at a CAGR of 16.72% Market Dynamics Drivers Growing Acceptance and Use of Products Due to Government Approvals Rising Demand from Medical and Pharmaceutical Industry Increasing Awareness of Healing Properties of Cannabidiol Restraints Risk of Side-Effects Such as Dry Mouth, Diarrhea, Reduced Appetite Legal Constraint on Sales of CBD in Some Countries Opportunities Increasing Customer Inclination Towards Natural or Herbal Remedies/Products Boosting Product Sales Though Alliances With Health and Wellness Retailers Challenges Lack of Awareness and Standardization in Many Developing Markets     Market Segmentations The Global Cannabidiol Market is segmented based on Type, Distribution Channel, End-User, and Geography. By Type, the market is classified into Hemp and Marijuana. By Distribution Channel, the market is classified into B2B and B2C. By End-User, the market is classified into Medical, Personal Use, Pharmaceuticals, and Wellness. By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific. Company Profiles The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ABcann Medicinals, Inc., Aphria, Inc, Aurora Cannabis, Cannoid, LLC, Canopy Growth Corp., etc. Countries Studied America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas) Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe) Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA) Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific) Competitive Quadrant The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis The report presents a detailed Ansoff matrix analysis for the Global Cannabidiol Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The
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