CBD Market
CBD Market Analysis by Hemp-based and Marijuana-based for Food & Beverages, Cosmetics & Personal Care, and Pharmaceuticals from 2023 to 2033
Analysis of CBD Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
CBD Market Outlook (2023 to 2033)
The valuation of the global cannabinoids (CBD) market reached US$ 3.86 billion in 2022, according to the latest research report by Fact.MR, with worldwide demand rising at a CAGR of 13.7% from 2018 to 2022. Global sales of cannabinoids are predicted to accelerate at a CAGR of 28.1% and reach US$ 58.83 billion by the end of 2033.
Increasing awareness among a majority of people about the potential health benefits of cannabinoids is leading to their rising consumption. In addition, prominent players in the industry are spending at a significant rate on R&D activities to get more detailed insights about the production of new and efficient products. The industry is expanding at a rapid pace with the rising legalization of hemp-based products.
- Sales of marijuana-based cannabinoids are forecasted to rise at a CAGR of 27.7% and reach US$ 37 billion by 2033.
- Demand for CBD-based products in Japan is projected to increase at 24.5% CAGR and reach a value of US$ 1.94 billion by 2033.
Cannabinoid is a non-psychoactive compound that is found in hemp plants. It is used in numerous forms, including edibles, tinctures, oils, and creams. The potential health benefits include reducing pain and anxiety, etc. Companies operating in the CBD landscape are investing to produce a wide variety of products to match consumer requirements. Moreover, significant expansion of the e-Commerce platforms to reach a larger consumer base and contribute to increased sales of CBD is also driving market expansion.
Growing recognition of the different therapeutic benefits of CBD is stimulating its sales, irrespective of high prices. The rising normalization and legalization of hemp-based products and marijuana are contributing to the growing sales of cannabinoids. Seizures, pain, anxiety, etc., are some conditions for which CBD is used effectively.
CBD oil is becoming popular due to its use in numerous skincare products. Some manufacturers from the personal care industry are also concentrating on the production of CBD-infused cosmetic products. Companies are launching new products to gain a competitive edge in the market.
For instance :
- In December 2021, Avicanna Inc. launched the re+PLAY, a CBD-based sports recovery brand, while entering into a partnership with Harrington Wellness in Canada.
Fact.MR, a market research and competitive intelligence provider, recently published a report on different dynamics of CBD that are helpful for readers to get detailed insights. New developments, growth driving factors, restraints, regional analysis, etc., are some dynamics found in this research report.
| Report Attributes | Details |
|---|---|
| CBD Market Size (2023) | US$ 4.94 Billion |
| Forecasted Market Value (2033) | US$ 58.83 Billion |
| Global Market Growth Rate (2023 to 2033) | 28.1% CAGR |
| Pharmaceuticals Segment Value (2033) | US$ 19.12 Billion |
| United States Market Value (2033) | US$ 16.59 Billion |
| United Kingdom Market Growth Rate (2023 to 2033) | 27.3% CAGR |
| China Market Growth Rate (2023 to 2033) | 26.5% CAGR |
| Key Companies Profiled | EPIDIOLEX; INSYS Therapeutics, Inc.; Nightfood Holdings; Pivot Pharmaceuticals Inc.; SolMic GmbH; HoneyB Healthy; Marijuana Company of America Inc. |
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Which Facets are Driving the Growth of the Global CBD Market?
“Clinical Use of CBD for Efficient Treatment of Epilepsy”
Cannabis comprises more than 100 chemical compounds, which are addressed as cannabinoids. Popular among them are THC (tetrahydrocannabinol) and CBD (cannabidiol).
- The expert committee from the World Health Organization acknowledged the clinical use of CBD as an efficient treatment against epilepsy.
CBD is believed to have numerous therapeutic values for seizures because of relevant conditions and epilepsy. Moreover, various clinical trials are also conducted on cannabinoids that have depicted their efficiency to treat different forms of epilepsy.
“Rapidly Rising Awareness about Therapeutic Potential of CBD”
Increased consumption of cannabidiol is attributed to the growing awareness among various people about its health or therapeutic benefits. The growing acceptance and regulatory approvals are leading to the rising use of CBD-infused products.
Based on their health benefits, various people are inclined to purchase CBD products irrespective of their high prices. Various commercial merchants are concentrating to adopt numerous marketing strategies as they offer significant profit margins.
Which Aspects are Projected to Limit the Adoption of CBD Products?
“Side-effects of CBD Products Impeding Their Adoption”
Numerous organizations have mentioned minor side effects of cannabinoids despite their wide application in various research studies and medical illnesses. Drowsiness, lightheadedness, low blood pressure, and dry mouth are some negative effects of CBD that are experienced by consumers. Therefore, a slight negative impact on the consumption of CBD is experienced.
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How are Start-ups Predicted to Transform the Future of the Cannabinoids Market?
“Incorporation of Natural Treatment with CBD of Pharmaceutical Grade”
New entrants are putting efforts to introduce marketing services that are based on cutting-edge technologies. They are trying to explore new ways to introduce products with CBD of pharmaceutical grade. Certain drinks are also introduced containing cannabis.
Rising production of CBD products without any sort of intoxication is projected to help start-ups gain a competitive edge. Moreover, the growing demand for CBD wine, CBD patches, CBD gummies, etc., is also predicted to help new entrants to expand their footprints.
Country-wise Insights
What is Propelling the Growth of the United States Market for CBD?
“Presence of Numerous CBD Manufacturers Complementing Market Growth”
The United States market is forecasted to expand at a CAGR of 28.7% and reach US$ 16.59 billion by 2033.
The growing population of health-conscious people, the presence of some prominent manufacturers, and the rising acceptance of various types of CBD products are contributing to market growth opportunities in the United States. In addition, the approval of the United States Farm Bill in the year 2020 is also driving lucrative opportunities for industry players.
Why are CBD Products Gaining Traction in the United Kingdom?
“Low Cost of CBD Production and Presence of Large-scale Manufacturing Infrastructure”
Demand for cannabinoids in the United Kingdom is predicted to increase at a CAGR of 27.3% and reach a value of US$ 4.35 billion by the end of the forecast period.
The low cost of CBD production is estimated to help in the expansion of the CBD landscape. Moreover, unique large-scale manufacturing infrastructure and expertise are also projected to create intensive competition among companies operating in hemp supply. These factors are predicted to contribute to the rising consumption of CBD products.
Which Asia Pacific Countries are Generating High Profits for Manufacturers?
“Supportive Government Policies Boosting Sales of CBD in South Korea & Japan”
The South Korean market is projected to expand at a CAGR of 25.3% and reach a valuation of US$ 1.94 billion by the end of the projected period. Sales of CBD in Japan are estimated to accelerate at a CAGR of 24.5% and reach US$ 1.94 billion by 2033.
Japan is one the prominent countries in Asia Pacific that recently started the production of CBD in the region to extract related products to match the growing market demand over the coming 10 years. Supportive government policies in South Korea and Japan are predicted to open up opportunities for players over the forecast period.
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Category-wise Insights
Which is a Prominent Source for Deriving CBD Products?
“Growing Demand for Marijuana-based CBD Products”
Sales of marijuana-based CBD products are forecasted to advance at a CAGR of 27.7% and reach US$ 37 billion by 2033.
Noteworthy growth of the marijuana industry is predicted to lead to rising sales of marijuana-based CBD products. CBD is commonly derived as powder or oil from marijuana plants. These are further put into capsules or blended into gels or capsules and applied to the skin or ingested.
Tetrahydrocannabinol (THC) is also utilized in the production of medications for the treatment of neurological illnesses, including epilepsy, Alzheimer’s disease, dementia, and other conditions. THC is restricted due to its psychotropic characteristics across the majority of countries. Therefore, it is predicted to grow sluggishly.
Why is Demand for CBD Products High in the Pharmaceutical Industry?
“Rising Awareness about Health Benefits of Cannabidiol Fueling its Sales for Pharmaceutical Applications”
Demand for cannabinoids in the pharmaceutical sector is predicted to progress at a 26.3% CAGR and reach a value of US$ 19.12 billion by 2033.
CBD can reverse hemorrhoids, lowering psychotic events of schizophrenia, and avoid menstrual cramps. Prominent companies in the market are promoting this product as a no-side-effect ingredient for pharmaceutical drugs, making it an effective alternative to tetrahydrocannabinol (THC). THC presents certain effects in the CNS (central nervous system) and cannabidiol has similar effects on the immune system. While combining both in equal ratios, they complement the positive impacts of each other.
Competitive Landscape
Strengthening the supply chain system, maintaining product standards, taking initiatives for quality control, etc., are prominent objectives that industry players are focusing on.
New launches, collaborations, strategic acquisitions, etc., are some strategies that are focused on by manufacturers of cannabinoids.
For instance :
- Greenheart CBD is an Irish company. In March 2021, the company launched a decentralized financial token. The company is the first of its kind to take such an action. This initiative is projected to help in the expansion of the company’s footprints and provide cost-effective products to end users.
Epidiolex, Insys Therapeutics, Inc., Nightfood Holdings, Pivot Pharmaceuticals Inc., SolMic GmbH, HoneyB Healthy, and Marijuana Company of America Inc. are some of the prominent players in the CBD market.
Segmentation of CBD Industry Research
-
By Source :
- Hemp-based
- Marijuana-based
-
By Form :
- Processed Oil
- Distillates
- Isolates
-
By Grade :
- Food Grade
- Therapeutic Grade
-
By Application :
- Food & Beverages
- Cosmetics & Personal Care
- Pharmaceuticals
-
By Distribution Channel :
- Offline
- Online
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Introduction
- 3. Market Background
- 4. Market Dynamics
- 5. Pricing Analysis
- 6. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Asia Pacific
- 7.5. Middle East and Africa (MEA)
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Source
- 8.1. Hemp
- 8.2. Marijuana
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Form
- 9.1. Process Oil
- 9.2. Distillate
- 9.3. Isolate
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Grade
- 10.1. Food
- 10.2. Therapeutic
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 11.1. Food & Beverage
- 11.2. Cosmetics & Personal Care
- 11.3. Pharmaceuticals
- 11.4. Others
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Asia-Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Competitive Analysis
- 18. Company Profiles
- 18.1. Canopy Growth
- 18.2. Aurora
- 18.3. Tilray
- 18.4. Aphria
- 18.5. The Cronos Group
- 18.6. Hexo Corp
- 18.7. OrganiGram
- 18.8. WestLeaf
- 18.9. Valens GroWorks
- 18.10. Indiva
- 18.11. Neptune Wellness
- 18.12. Village Farms
- 18.13. EnCann
- 19. Appendix
List Of Table
Table 01: Global Market Volume (Kg) by Region, 2018 to 2033
Table 02: Global Market Value (US$ Mn) by Region, 2018 to 2033
Table 03: Global Market Volume (Kg) by Source, 2018 to 2033
Table 04: Global Market Value (US$ Mn) by Source, 2018 to 2033
Table 05: Global Market Volume (Kg) by Form, 2018 to 2033
Table 06: Global Market Value (US$ Mn) by Form, 2018 to 2033
Table 07: Global Market Volume (Kg) by Grade, 2018 to 2033
Table 08: Global Market Value (US$ Mn) by Grade, 2018 to 2033
Table 09: Global Market Volume (Kg) by Application, 2018 to 2033
Table 10: Global Market Value (US$ Mn) by Application, 2018 to 2033
Table 11: North America Market Volume (Kg) by Country, 2018 to 2033
Table 12: North America Market Value (US$ Mn) by Country, 2018 to 2033
Table 13: North America Market Volume (Kg) by Source, 2018 to 2033
Table 14: North America Market Value (US$ Mn) by Source, 2018 to 2033
Table 15: North America Market Volume (Kg) by Form, 2018 to 2033
Table 16: North America Market Value (US$ Mn) by Form, 2018 to 2033
Table 17: North America Market Volume (Kg) by Grade, 2018 to 2033
Table 18: North America Market Value (US$ Mn) by Grade, 2018 to 2033
Table 19: North America Market Volume (Kg) by Application, 2018 to 2033
Table 20: North America Market Value (US$ Mn) by Application, 2018 to 2033
Table 21: Latin America Market Volume (Kg) by Country, 2018 to 2033
Table 22: Latin America Market Value (US$ Mn) by Country, 2018 to 2033
Table 23: Latin America Market Volume (Kg) by Source, 2018 to 2033
Table 24: Latin America Market Value (US$ Mn) by Source, 2018 to 2033
Table 25: Latin America Market Volume (Kg) by Form, 2018 to 2033
Table 26: Latin America Market Value (US$ Mn) by Form, 2018 to 2033
Table 27: Latin America Market Volume (Kg) by Grade, 2018 to 2033
Table 28: Latin America Market Value (US$ Mn) by Grade, 2018 to 2033
Table 29: Latin America Market Volume (Kg) by Application, 2018 to 2033
Table 30: Latin America Market Value (US$ Mn) by Application, 2018 to 2033
Table 31: Europe Market Volume (Kg) by Country, 2018 to 2033
Table 32: Europe Market Value (US$ Mn) by Country, 2018 to 2033
Table 33: Europe Market Volume (Kg) by Source, 2018 to 2033
Table 34: Europe Market Value (US$ Mn) by Source, 2018 to 2033
Table 35: Europe Market Volume (Kg) by Form, 2018 to 2033
Table 36: Europe Market Value (US$ Mn) by Form, 2018 to 2033
Table 37: Europe Market Volume (Kg) by Grade, 2018 to 2033
Table 38: Europe Market Value (US$ Mn) by Grade, 2018 to 2033
Table 39: Europe Market Volume (Kg) by Application, 2018 to 2033
Table 40: Europe Market Value (US$ Mn) by Application, 2018 to 2033
Table 41: Asia Pacific Market Volume (Kg) by Country, 2018 to 2033
Table 42: Asia Pacific Market Value (US$ Mn) by Country, 2018 to 2033
Table 43: Asia Pacific Market Volume (Kg) by Source, 2018 to 2033
Table 44: Asia Pacific Market Value (US$ Mn) by Source, 2018 to 2033
Table 45: Asia Pacific Market Volume (Kg) by Form, 2018 to 2033
Table 46: Asia Pacific Market Value (US$ Mn) by Form, 2018 to 2033
Table 47: Asia Pacific Market Volume (Kg) by Grade, 2018 to 2033
Table 48: Asia Pacific Market Value (US$ Mn) by Grade, 2018 to 2033
Table 49: Asia Pacific Market Volume (Kg) by Application, 2018 to 2033
Table 50: Asia Pacific Market Value (US$ Mn) by Application, 2018 to 2033
Table 51: MEA Market Volume (Kg) by Country, 2018 to 2033
Table 52: MEA Market Value (US$ Mn) by Country, 2018 to 2033
Table 53: MEA Market Volume (Kg) by Source, 2018 to 2033
Table 54: MEA Market Value (US$ Mn) by Source, 2018 to 2033
Table 55: MEA Market Volume (Kg) by Form, 2018 to 2033
Table 56: MEA Market Value (US$ Mn) by Form, 2018 to 2033
Table 57: MEA Market Volume (Kg) by Grade, 2018 to 2033
Table 58: MEA Market Value (US$ Mn) by Grade, 2018 to 2033
Table 59: MEA Market Volume (Kg) by Application, 2018 to 2033
Table 60: MEA Market Value (US$ Mn) by Application, 2018 to 2033
List Of Figures
Figure 01: Global Market Size & Volume Analysis, 2023 & 2033
Figure 02: Global Market Y-o-Y Growth, 2023 to 2033
Figure 03: Global Market Value Opportunity Analysis
Figure 04: Global Market Value & BPS Analysis by Region, 2018, 2023 & 2033
Figure 05: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 06: Global Market Y-o-Y Growth Analysis by Region, 2018 to 2033
Figure 07: Global Market Value & BPS Analysis by Source, 2018, 2023 & 2033
Figure 08: Global Market Attractiveness Analysis by Source, 2023 to 2033
Figure 09: Global Market Y-o-Y Growth Analysis by Source, 2018 to 2033
Figure 10: Global Market Value & BPS Analysis by Form, 2018, 2023 & 2033
Figure 11: Global Market Attractiveness Analysis by Form, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth Analysis by Form, 2018 to 2033
Figure 13: Global Market Value & BPS Analysis by Grade, 2018, 2023 & 2033
Figure 14: Global Market Attractiveness Analysis by Grade, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth Analysis by Grade, 2018 to 2033
Figure 16: Global Market Value & BPS Analysis by Application, 2018, 2023 & 2033
Figure 17: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 18: Global Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 19: Global Food & Beverages Market Value Analysis by Application,, 2023 & 2033
Figure 20: Global Food & Beverage Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 21: North America Market Size & Volume Analysis, 2023 & 2033
Figure 22: North America Market Value Y-o-Y Growth Comparison, 2023 to 2033
Figure 23: North America Market Value Opportunity Analysis
Figure 24: North America Market Value & BPS Analysis by Country, 2018, 2023 & 2033
Figure 25: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 26: North America Market Y-o-Y Growth Analysis by Country, 2018 to 2033
Figure 27: North America Market Value & BPS Analysis by Source, 2018, 2023 & 2033
Figure 28: North America Market Attractiveness Analysis by Source, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth Analysis by Source, 2018 to 2033
Figure 30: North America Market Value & BPS Analysis by Form, 2018, 2023 & 2033
Figure 31: North America Market Attractiveness Analysis by Form, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth Analysis by Form, 2018 to 2033
Figure 33: North America Market Value & BPS Analysis by Grade, 2018, 2023 & 2033
Figure 34: North America Market Attractiveness Analysis by Grade, 2023 to 2033
Figure 35: North America Market Y-o-Y Growth Analysis by Grade, 2018 to 2033
Figure 36: North America Market Value & BPS Analysis by Application, 2018, 2023 & 2033
Figure 37: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 38: North America Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 39: North America Food & Beverages Market Value Analysis by Application,, 2023 & 2033
Figure 40: North America Food & Beverage Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 41: Latin America Market Size & Volume Analysis, 2023 & 2033
Figure 42: Latin America Market Value Y-o-Y Growth Comparison, 2023 to 2033
Figure 43: Latin America Market Value Opportunity Analysis
Figure 44: Latin America Market Value & BPS Analysis by Country, 2018, 2023 & 2033
Figure 45: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 46: Latin America Market Y-o-Y Growth Analysis by Country, 2018 to 2033
Figure 47: Latin America Market Value & BPS Analysis by Source, 2018, 2023 & 2033
Figure 48: Latin America Market Attractiveness Analysis by Source, 2023 to 2033
Figure 49: Latin America Market Y-o-Y Growth Analysis by Source, 2018 to 2033
Figure 50: Latin America Market Value & BPS Analysis by Form, 2018, 2023 & 2033
Figure 51: Latin America Market Attractiveness Analysis by Form, 2023 to 2033
Figure 52: Latin America Market Y-o-Y Growth Analysis by Form, 2018 to 2033
Figure 53: Latin America Market Value & BPS Analysis by Grade, 2018, 2023 & 2033
Figure 54: Latin America Market Attractiveness Analysis by Grade, 2023 to 2033
Figure 55: Latin America Market Y-o-Y Growth Analysis by Grade, 2018 to 2033
Figure 56: Latin America Market Value & BPS Analysis by Application, 2018, 2023 & 2033
Figure 57: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 58: Latin America Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 59: Latin America Food & Beverages Market Value Analysis by Application,, 2023 & 2033
Figure 60: Latin America Food & Beverage Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 61: Europe Market Size & Volume Analysis, 2023 & 2033
Figure 62: Europe Market Value Y-o-Y Growth Comparison, 2023 to 2033
Figure 63: Europe Market Value Opportunity Analysis
Figure 64: Europe Market Value & BPS Analysis by Country, 2018, 2023 & 2033
Figure 65: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 66: Europe Market Y-o-Y Growth Analysis by Country, 2018 to 2033
Figure 67: Europe Market Value & BPS Analysis by Source, 2018, 2023 & 2033
Figure 68: Europe Market Attractiveness Analysis by Source, 2023 to 2033
Figure 69: Europe Market Y-o-Y Growth Analysis by Source, 2018 to 2033
Figure 70: Europe Market Value & BPS Analysis by Form, 2018, 2023 & 2033
Figure 71: Europe Market Attractiveness Analysis by Form, 2023 to 2033
Figure 72: Europe Market Y-o-Y Growth Analysis by Form, 2018 to 2033
Figure 73: Europe Market Value & BPS Analysis by Grade, 2018, 2023 & 2033
Figure 74: Europe Market Attractiveness Analysis by Grade, 2023 to 2033
Figure 75: Europe Market Y-o-Y Growth Analysis by Grade, 2018 to 2033
Figure 76: Europe Market Value & BPS Analysis by Application, 2018, 2023 & 2033
Figure 77: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 78: Europe Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 79: Europe Food & Beverages Market Value Analysis by Application,, 2023 & 2033
Figure 80: Europe Food & Beverage Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 81: Asia Pacific Market Size & Volume Analysis, 2023 & 2033
Figure 82: Asia Pacific Market Value Y-o-Y Growth Comparison, 2023 to 2033
Figure 83: Asia Pacific Market Value Opportunity Analysis
Figure 84: Asia Pacific Market Value & BPS Analysis by Country, 2018, 2023 & 2033
Figure 85: Asia Pacific Market Attractiveness Analysis by Country, 2023 to 2033
Figure 86: Asia Pacific Market Y-o-Y Growth Analysis by Country, 2018 to 2033
Figure 87: Asia Pacific Market Value & BPS Analysis by Source, 2018, 2023 & 2033
Figure 88: Asia Pacific Market Attractiveness Analysis by Source, 2023 to 2033
Figure 89: Asia Pacific Market Y-o-Y Growth Analysis by Source, 2018 to 2033
Figure 90: Asia Pacific Market Value & BPS Analysis by Form, 2018, 2023 & 2033
Figure 91: Asia Pacific Market Attractiveness Analysis by Form, 2023 to 2033
Figure 92: Asia Pacific Market Y-o-Y Growth Analysis by Form, 2018 to 2033
Figure 93: Asia Pacific Market Value & BPS Analysis by Grade, 2018, 2023 & 2033
Figure 94: Asia Pacific Market Attractiveness Analysis by Grade, 2023 to 2033
Figure 95: Asia Pacific Market Y-o-Y Growth Analysis by Grade, 2018 to 2033
Figure 96: Asia Pacific Market Value & BPS Analysis by Application, 2018, 2023 & 2033
Figure 97: Asia Pacific Market Attractiveness Analysis by Application, 2023 to 2033
Figure 98: Asia Pacific Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 99: Asia Pacific Food & Beverages Market Value Analysis by Application,, 2023 & 2033
Figure 100: Asia Pacific Food & Beverage Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 101: MEA Market Size & Volume Analysis, 2023 & 2033
Figure 102: MEA Market Value Y-o-Y Growth Comparison, 2023 to 2033
Figure 103: MEA Market Value Opportunity Analysis
Figure 104: MEA Market Value & BPS Analysis by Country, 2018, 2023 & 2033
Figure 105: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 106: MEA Market Y-o-Y Growth Analysis by Country, 2018 to 2033
Figure 107: MEA Market Value & BPS Analysis by Source, 2018, 2023 & 2033
Figure 108: MEA Market Attractiveness Analysis by Source, 2023 to 2033
Figure 109: MEA Market Y-o-Y Growth Analysis by Source, 2018 to 2033
Figure 110: MEA Market Value & BPS Analysis by Form, 2018, 2023 & 2033
Figure 111: MEA Market Attractiveness Analysis by Form, 2023 to 2033
Figure 112: MEA Market Y-o-Y Growth Analysis by Form, 2018 to 2033
Figure 113: MEA Market Value & BPS Analysis by Grade, 2018, 2023 & 2033
Figure 114: MEA Market Attractiveness Analysis by Grade, 2023 to 2033
Figure 115: MEA Market Y-o-Y Growth Analysis by Grade, 2018 to 2033
Figure 116: MEA Market Value & BPS Analysis by Application, 2018, 2023 & 2033
Figure 117: MEA Market Attractiveness Analysis by Application, 2023 to 2033
Figure 118: MEA Market Y-o-Y Growth Analysis by Application, 2018 to 2033
Figure 119: MEA Food & Beverages Market Value Analysis by Application,, 2023 & 2033
Figure 120: MEA Food & Beverage Market Y-o-Y Growth Analysis by Application, 2018 to 2033
- FAQs -
What is the valuation of the CBD market in 2023?
The global CBD market stands at US$ 4.94 billion in 2023.
What is the expected growth rate of the global market from 2023 to 2033?
Worldwide demand for CBD is predicted to rise at a CAGR of 28.1% through 2033.
What is the anticipated valuation of the Chinese market for 2033?
Sales of cannabinoids in China are estimated to reach US$ 7.71 billion by 2033.
At what CAGR is the demand for marijuana-based CBD products forecasted to accelerate?
Demand for marijuana-based CBD products is projected to increase at a CAGR of 27.7% through 2033.
What is the predicted size of the United States market for 2033?
Sales of CBD products in the United States are set to reach US$ 16.59 billion by the end of 2033.
What is the projected CAGR for the Japanese market?
Demand for CBD products in Japan is forecasted to rise at a CAGR of 24.5% from 2023 to 2033.
What is the estimated valuation of the global market for 2033?
The global market for cannabinoids is expected to reach US$ 58.83 billion by the end of 2033.
CBD Market