The industry made significant progress since the passage of the 2018 Farm Bill and 2020 has brought a new set of opportunities and roadblocks. In our latest report on the market, we lay out our updated forecasts, dive into the impact of a global pandemic, and explore what is next for CBD.
Who are the top 5 CBD companies? Top 5 in online sales?
The most comprehensive data on the CBD consumer.
How has COVID-19 impacted the industry?
In this report, answer key questions like:
Cannabis-infused Food Market Size, Share & Industry Analysis, By Application (Bakery, Confectionery, Snacks, Condiments) and Regional Forecast, 2021-2028
On the basis of application, the pharmaceuticals segment is expected to hold the largest global cannabidiol market share during the forecast period. This is owing to the constant focus on developing innovative medical products across the pharmaceutical industry worldwide.
Lastly, based on region, the market is categorized into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
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The global market report provides a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth.
Companies covered in CBD oil market are Nuleaf Naturals Llc. (Colorado, U.S), Pharmahemp d.o.o (Slovenia, Europe), Elixinol Global (Sydney, Australia), Medical Marijuana Inc. (California, U.S.), Cannoid, LLC (Colorado, U.S), Isodiol International Inc. (Vancouver, Canada), ENDOCA (Chicago, U.S.), Folium Biosciences (Texas, U.S.), CV Sciences (California, U.S.), Medterra CBD (California, U.S.), and more players profiled
February 2020 – Colgate-Palmolive Company announced the launch of a new product in the U.S. The company reports that the product, CBD Vegan Lip Balm, will help to expand its cosmetics business in the country.
Europe – The market in the region is anticipated to showcase exponential growth backed by the rising sales of CBD products such as vaping, smoking, and edibles in the region between 2021 and 2028.
Cannabis Beverages Market Size, Share & COVID-19 Impact Analysis, By Type (Alcoholic and Non-alcoholic), Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail, and Others), and Regional Forecast, 2020-2027
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