#Cannabidiol (CBD) Market Growth

[futuretonext]

The Europe Cannabidiol (CBD) market is projected to grow at a CAGR of around 24.57% during the forecast period, i.e., 2023-28. This is due to the rising legalization provisions related to various CBD products in various countries of the region, which are further raising the acceptance of CBD by numerous users.

[themarketinsights]

Cannabidiol Cbd Market to see Booming Business Sentiments | Kazmira, Aurora Cannabis, Gaia Botanicals, Bud & Tender

Advance Market Analytics published a new research publication on “Global Cannabidiol Cbd Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Cannabidiol Cbd market was mainly driven by the increasing R&D spending across the world.

Major players profiled in the study are:

ENDOCA BV (Netherlands), Gaia Botanicals LLC (United States), Bud & Tender Ltd (United Kingdom), ALWAYS PURE ORGANICS LTD (United Kingdom), Prásino CBD solutions (Netherland), Medical Marijuana, Inc. (United States), Isodiol International Inc. (Canada), Medical Marijuana Inc. (United States), Aurora Cannabis Inc. (Canada), Canopy Growth Corporation (Canada), CV Sciences, Inc. (United States), Elixinol LLC (United States), FOLIUM BIOSCIENCES (United States), Kazmira LLC (Orochem Technologies) (United States)

Get Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/108502-global-cannabidiol-cbd-market#utm_source=DigitalJournalVinay

Scope of the Report of Cannabidiol Cbd

Cannabidiol (CBD) is one of the hundreds of cannabinoids that are found in the cannabis plant. This is a naturally occurring substance, can be extracted & mixed with a carrier oil, often hemp seed or coconut, to create CBD oil. Cannabidiol oil can be derived from two different species of cannabinoids such as marijuana and hemp. Rising awareness about the health benefits of Cannabidiol is the major factors that are expected to drive the growth of the global Cannabidiol market. The demand for Cannabidiol is increasing around the globe owing to their capacity to cure various ailments in the human body. In the current scenario, European countries government authorities come to grips with legislation of cannabis-based products and rapidly expanding CDB market year on year.

The Global Cannabidiol Cbd Market segments and Market Data Break Down are illuminated below:

by Type (Marijuana-Derived Cannabidiol Products, Hemp-Derived Cannabidiol Products), Application (Personal Care & Cosmetics, Pharmaceutical (Anxiety, Fibromyalgia (FM), Diabetes and Other), Food & Beverages, Others), Sales Channel (Hospital Pharmacies, Retail Pharmacies, Online Stores, Others), Cultivation Type (Organic, Inorganic)

Market Opportunities:

Growing Investments in the Production of Cannabis Oil

Market Drivers:

High Acceptance of Cannabidiol Cbd for Pharmaceutical Purposes

Growing Awareness Regarding Health Benefits of CBD Oil in European Countries

Increasing Millennial Population and Rising E-Commerce Industry

Market Trend:

Legalization of Cannabis for Medicinal and Recreational Activities

Increasing Legalization of Cannabis-Based Products

What can be explored with the Cannabidiol Cbd Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Cannabidiol Cbd Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Cannabidiol Cbd

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Cannabidiol Cbd Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/108502-global-cannabidiol-cbd-market#utm_source=DigitalJournalVinay

Strategic Points Covered in Table of Content of Global Cannabidiol Cbd Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Cannabidiol Cbd market

Chapter 2: Exclusive Summary – the basic information of the Cannabidiol Cbd Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Cannabidiol Cbd

Chapter 4: Presenting the Cannabidiol Cbd Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021

Chapter 6: Evaluating the leading manufacturers of the Cannabidiol Cbd market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Cannabidiol Cbd Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=108502#utm_source=DigitalJournalVinay

Contact Us:

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

[afrotumble]

Lesotho's 🇱🇸 Marijuana Exportation to hit US$3.67m this year.

Kingdom of Lesotho exported estimated 8.5 tones of medicinal marijuana to North Macedonia.

It is the world's largest single legal cannabis export so far.

Lesotho export in Marijuana is expected to see significant growth in its cannabis market. this 2024, revenue in the cannabis market is projected to reach US$3.67m. This is expected to increase at an annual growth rate of 1.48%, resulting in a market volume of US$3.95m by 2029.

It exports Non psychoactive cannabidiol (CBD) oil extracts and other medical cannabis products primarily to South Africa and is working on entering markets in Europe and the Middle East, as well as Australia.

It's the country most significant cash-crop. In the 2000s it was estimated that 70% of the cannabis in South Africa originated in Lesotho.

Lesotho made history by becoming the first certified African country to supply the European Union with cannabis for pharmaceutical use.

In 2017 Lesotho became the first African country to allow the cultivation of cannabis for medicinal purposes. Then Deputy health minister Manthabiseng Phohleli told AFP that the legalization of cannabis presented “a huge opportunity for the country”, which boasts 300 days of sunshine per year

-- African Hub

[hermespharma]

CBD Market and its scopes

The CBD market is a rapidly growing industry, with the potential to become one of the most significant players in the health and wellness space. With the increasing acceptance of cannabis as a viable form of medicine, more and more people are turning to CBD as a natural alternative to traditional pharmaceuticals.

CBD, or cannabidiol, is a chemical compound found in the cannabis plant. Unlike its psychoactive cousin THC, CBD does not produce a "high" or intoxicating effect. Instead, it is believed to have a range of therapeutic benefits, including reducing anxiety and inflammation and potentially even treating conditions like epilepsy and chronic pain.

As the popularity of CBD grows, so too does the market for CBD-based products. These products come in a variety of forms, including oils, tinctures, edibles, and topicals, and can be found in stores and online.

One of the major factors driving the growth of the CBD market is the increasing legalization of cannabis. As more and more states and countries legalize the use of marijuana for medical and recreational purposes, the market for CBD products is expected to continue to expand.

Additionally, the growing body of scientific research on the potential benefits of CBD contributes to the market's growth. As more and more studies are conducted, the evidence supporting the use of CBD for a range of conditions is becoming increasingly compelling. However, the CBD market is not without its challenges. Despite the growing acceptance of CBD, the legal landscape surrounding the sale and use of these products is still somewhat murky. In the United States, for example, the FDA has not yet approved the use of CBD as a medical treatment, and there are strict regulations on the sale of CBD products.

Another challenge facing the CBD market is the need for more standardization in the industry. Because the market is still relatively new, there is a lack of industry-wide regulations governing the production and labeling of CBD products. This can make it difficult for consumers to know exactly what they are getting when they purchase a CBD product.

Despite these challenges, the future of the CBD market looks bright. As more and more people turn to CBD for its potential health benefits, the demand for these products is only going to continue to grow. As the market matures and the legal landscape becomes more clear, the CBD market is expected to become an increasingly important player in the health and wellness space. More Pharmas and Wellness stores are going to be adopted in the Global Market

[researchrealmblog]

North America is Dominating the CBD Oil Market 

In 2022, the CBD oil market size stood at USD 5,230.9 million, which is projected to witness a 20.8% CAGR during 2022–2030, reaching USD 23,720 million by 2030 as per P&S Intelligence. 

CBD is a chemical found in the cannabis Sativa plant and removed from cannabis or hemp. Hemp is a more popular feedstock since it contains more CBD. Because of its beneficial properties, the need for CBD in the wellness and health industry is growing. Furthermore, the mounting use of CBD-rich items because of government approvals for recreational, medical, and R&D purposes is the main reason projected to fuel their production.

The marijuana category is projected to surge at a CAGR of 22% and is also estimated to continue its dominance in the future as well. The growing acceptance of purified CBD products and the rising legalization of marijuana-resulting items for numerous research and medical purposes are the main factors contributing to the growth of the category. For example, ancient Indian Ayurvedic methods used cannabis as a vital element in medicine for the betterment of blood pressure and digestion.

The hemp category is estimated to experience moderate growth in the coming years. This growth is majorly credited to the increasing need for hemp in the medicinal sector and rising awareness among consumers of fitness and health, along with the snowballing customer income and legalization of cannabis.

Furthermore, industrial hemp seeds hold calories, protein, and other nutrients. Individuals use it mostly for dieting, constipation, eczema, and other purposes. Numerous industries, including food and beverages, personal care, and cosmetics are using such seeds to grow products for health, wellness, and fitness.

In 2022, the B2B category led the market, with the highest revenue share of 52%, and is projected to continue its dominance in the years to come. This can be ascribed to the increasing number of investors, wholesalers, and producers of CBD oil products.

The demand is also snowballing due to the cannabidiol products requirement mounting in numerous industries, including cosmetics sectors, health, and wellness, and food and additives, the medications sector has amplified the demand for businesses to procure cannabidiol precursor material for their product in bulk.

North America held the highest revenue share of above 84% and is projected to continue its dominance in the coming years also. This growth can be credited to the authorization of cannabidiol for therapeutic and research purposes in the region. The position of the item as a natural phytocompound, its robust promotion by companies as a lifestyle and wellness item, the introduction of cannabidiol-based medicines, including Sativex and Epidiolex, and the extensive availability of numerous products comprising this compound are further projected to surge the sale of cannabidiol oil in the continent in the future.

Hence, the need for CBD in the wellness and health industry is growing, and the mounting use of CBD-rich items because of government approvals for recreational, medical, and R&D purposes is a major factor that will drive the CBD oil market in the future. 

Source: P&S Intelligence

[whfarm]

Unlocking the Potential of CBD: Training, Private Label Opportunities, Gummies, Market Growth, and Cultivated CBD

The CBD market is changing a lot and is likely to expand greatly in the forthcoming years. The consumers are writing the evolution path by wanting high quality cannabis oil products with better knowledge about the health benefits of it. Therefore, entrepreneurs aiming at this profitable niche should appreciate every side of this business from growing quality CBD to private label opportunities, CBD gummies role in the market etc.

1. CBD Training: A Vital Component for Success

The requirements for education and training are also increasing as CBD products become more popular. CBD is still a new industry and those desiring to thrive should be knowledgeable enough.

CBD training helps individuals and businesses understand the complexities of cannabidiol, from its benefits to legal considerations. A comprehensive CBD training program will cover topics like:

The science behind CBD and its health benefits.

Regulatory and legal frameworks surrounding CBD production and sales.

Proper methods of CBD extraction and production.

Effective marketing and distribution strategies.

At WH Farms, a leading name in the CBD industry, training programs are designed to empower entrepreneurs with knowledge that will help them excel at their business. Their customized training materials cover all aspects such as cultivation, marketing strategies and customer segmentation, which enables them to produce high-quality CBD products as well as promoting it well.

2. CBD Private Label: An Opportunity for Brand Expansion

The concept of private-labeling has gained importance for those who want to get into the CBD business without all these production problems. A private label CBD allows a company to buy ready-made products from another producer and label them as their own.

This model offers several advantages, including:

Decrease in Expenses: Outsourcing production to a knowledgeable producer reduces companies’ costs in terms of equipment, labor, and R&D.

Time Saving: For private labeling, marketing and selling the product is a priority for businesses as they do not have to worry about production hassles.

Flexibility: WH Farms enables businesses to make their products’ formulations and packaging personalized, ensuring that they have an identity closely related to the brands themselves.

3. Private Label CBD Gummies: A Sweet Spot in the Market

One of the most popular choices among numerous CBD products is gummies. Consumers are drawn to them due to their convenience, discretion, and taste; therefore, firms should consider making the most out of this increased demand.

Custom-made private-label CBD gummies are a diverse product which can be made to fit the needs of different target markets. Corporations have freedom on deciding the potency, taste and shape that would match their brand identity. Moreover, these gummy candies may also appeal to beginners as well as advanced users so they become readily available goods.

WH Farms manufactures private label CBD gummies from premium quality organic hemp plants. These types of gummies can be infused with either full-spectrum CBD oil, broad-spectrum oil or CBD isolate based on the customer’s preferred choice. By focusing on quality WH Farms’ ensure that its products comply with regulations thereby guaranteeing clients have a consistent experience that is also enjoyable at all times.

4. CBD Market: Untapped Industry That Is Blossoming

For the past decade, the worldwide CBD market has had tremendous growth rates. Some analysts predict that in the next few years, it might even surpass the $20 billion mark. The following are some of contributing factors to this growth:

Raising Customer Caution: The number of clients who have come across the advantages that Consumer-Data Management CBD has to offer is on the rise including pain alleviation, decreased tension and enhanced sleeping quality.

Various Offerings by Products: There is an array of products in the market like oils, edibles, topicals as well as drinks which enables enterprises to meet unique buyer choices.

Changes in Rules: With more nations and regions allowing consumption of CBD from hemp new markets are being established thereby giving room for development.

5. Cultivated CBD: The Importance of Quality Sourcing

One of the most critical factors in producing high-quality CBD products is the source of the hemp. Cultivated CBD refers to CBD derived from carefully grown and harvested hemp plants, ensuring that the final product is pure and potent. Quality cultivation practices include:

Sustainable Agricultural Practices: Thereby avoiding any dangerous chemicals or pesticide use, hence the CBD’s integrity is preserved.

The Location of Planting and Environmental Abundance: Where the hemp is grown has an influence on its quality. This means that more CBD will be obtained for example from the hemp cultivated in fertile soils.

Comprehensive Testing: It is good for the CBD to have no impurity such as heavy metals, pesticides or solvent residues. The common practice for confirming purity as well as potency of produced CBD products is through subjecting them to laboratory tests by a third party.

At WH Farms, we take pride in our farming process that uses only organically grown hemp. This ensures that the highest quality CBD is extracted from plants. The sustainability measures we have put in place are strict and directly contribute to the product’s effectiveness.

Conclusion: Capitalizing on the CBD Industry’s Potential

The CBD industry presents numerous opportunities for businesses willing to invest in training, innovative product offerings, and partnerships with reliable manufacturers. Whether it’s through CBD training to build expertise, tapping into the CBD private label market for customizable product lines, or offering popular products like CBD gummies, businesses can position themselves for success in this thriving industry.

No one could have fathomed the implications of regulated CBD farms. Indeed, by taking after industry leaders like WH Farms, firms not only keep up with consumer tastes but also participate in sustainability and responsibility in their operations. With an increasingly populating market, people who are informed together with good products will prosper.

Whether new in this venture or wishing to expand existing enterprise, WH Farms will be there right from growing till selling in the subsequent phases. Start your journey today and check out the available chances.

For more information on starting your CBD business or to learn about our private label services, visit WH Farms.

[trendtrackershq]

𝐂𝐚𝐧𝐧𝐚𝐛𝐢𝐝𝐢𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The 𝐂𝐚𝐧𝐧𝐚𝐛𝐢𝐝𝐢𝐨𝐥 (𝐂𝐁𝐃) 𝐌𝐚𝐫𝐤𝐞𝐭 has experienced remarkable growth over the past few years, driven by increasing consumer awareness of CBD's potential health benefits and the rising demand for natural and plant-based products. Derived from the cannabis plant, CBD is non-psychoactive, making it a popular choice for those seeking therapeutic benefits without the "high" associated with THC.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.nextmsc.com/cannab....idiol-market/request

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

𝟏. 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐀𝐜𝐜𝐞𝐩𝐭𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐋𝐞𝐠𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧: The gradual legalization of cannabis in various countries, particularly for medicinal use, has played a significant role in the growth of the CBD market. This trend is expected to continue as more regions recognize the potential benefits of CBD.

𝟐. 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐨𝐟 𝐇𝐞𝐚𝐥𝐭𝐡 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: CBD is increasingly being used to address a wide range of health issues, including anxiety, chronic pain, sleep disorders, and inflammation. The growing body of scientific research supporting these benefits has boosted consumer confidence in CBD products.

𝟑. 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬: The market has expanded beyond oils and tinctures to include a variety of products such as edibles, capsules, topicals, and even pet products. This diversification has broadened the appeal of CBD, attracting a wider range of consumers.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

The global Cannabidiol (CBD) market is expected to continue its strong growth trajectory in the coming years, driven by increasing consumer demand, ongoing research, and the gradual expansion of legal frameworks. However, the market will need to navigate regulatory challenges and quality concerns to sustain its growth and build consumer trust.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/cannabidiol-market

𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧

As the CBD market matures, companies that prioritize product quality, transparency, and consumer education are likely to thrive. The ongoing evolution of regulations and continued research into CBD's potential health benefits will also shape the future of this dynamic and rapidly expanding market.

[foodandbeverages]

CBD Oil Market Size: Competitive Landscape and Recent Industry Development Analysis 2023 to 2033

As per the latest market research conducted by FMI, the global CBD oil market is expected to record a CAGR of 31% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 389 million. By 2033, the valuation is anticipated to reach US$ 5,980.6 million.

The primary reasons propelling the market’s growth include rising demand and expanding legalization of cannabis, emerging applications of cannabis in cancer treatment, and the health advantages provided by products infused with cannabis. In the upcoming years, there are likely to be considerable development prospects for market participants due to the inclusion of cannabis in pet food and the rising demand for beverages with cannabis flavoring.

Cannabis is also the illicit substance that is grown, transported, and misused the most extensively worldwide. Broad cannabis use, both for recreational and therapeutic purposes, has received increasing acceptability across the United States, as indicated by legislative actions, ballot measures, and public opinion polls. In particular, a recent Quinnipiac University poll found that 55% of the United States people surveyed supported cannabis legalization without any new restrictions. Comparatively, 82% of survey participants supported the decriminalization of cannabis for medical use. Demand will progressively rise as legalization continues to spread globally, boosting the expansion of the CBD-infused products market as a whole.

Information Source: https://www.futuremarketinsights.com/reports/cbd-oil-market

Competitive Background:

The key players operating in the CBD oil market are investing in mergers and acquisitions in order to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the CBD oil market. As a result, market participants are likely to have a better overall revenue share in the global CBD oil market.

Key Takeaways:

The CBD oil market is anticipated to reach a valuation of US$ 389 million in 2023.

The high efficacy of CBD produced from hemp for various medical uses, including developing a therapy for Parkinson’s disease, is what drives demand for this market.

The CBD oil market is predicted to record a CAGR of 31% through 2033.

The CBD oil market is expected to surpass US$ 5,980.6 million by 2033.

The CBD oil for pets market is being driven by entrepreneurs who are focusing on developing lotions, skin care, pet care, and textile products using cannabidiol.

Significant Players in the Market Include:

CV Sciences

Medical Marijuana

Aurora Cannabis

Canopy Growth Corporation

Canntrust

Tilray

Kazmira LLC

As the CBD oil market is in a nascent stage, market players are focusing on gaining maximum share by expanding their product portfolio through new product launches.

Recent Developments:

CV Sciences Inc. launched “Plus CBD Gummies” at Natural Product Expo East 2018. These gummies are available in citrus punch and cherry mango flavors. These products comply with strict regulatory standards and are gluten-free and vegan-friendly.

One Leaf, one of the top face mask manufacturers in China, has started executing social media and online marketplace promotional efforts for its CBD products.

Key Segments Covered in CBD oil Market Study

Product Type:

Hemp Oil

Marijuana Oil

Application:

Pharmaceuticals

Food & Beverages

Gummies

Chewing Gums

Chocolate bars

Candies

Beverages

Dairy Products

Bakery Products

Snacks

Cosmetics

Others

Distribution Channel:

Direct/B2B

Indirect/B2C

Hospital Pharmacy

Retail Pharmacy

Hypermarkets/Supermarkets

Convenience Store

Online Retail

Others

Region:

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East and Africa

[futuretonext]

The Europe Cannabidiol (CBD) market is projected to grow at a CAGR of around 24.57% during the forecast period, i.e., 2023-28. This is due to the rising legalization provisions related to various CBD products in various countries of the region, which are further raising the acceptance of CBD by numerous users. In 2020, the European Court of Justice stated that CBD is not to be considered a narcotic substance under the European Union (EU) law. Such supportive rulings are raising the use of CBD products for a varied number of purposes such as recreational, cosmetics, etc., which was earlier restricted majorly to health-related purposes in the form of vitamins & dietary supplements (VDS) & weight management products.

[healthcarehubhh]

Cannabidiol Market Is Anticipated to Witness High Growth Owing to Increasing Medical Applications

The cannabidiol market comprises products derived from cannabis sativa plants containing non-psychoactive cannabinoid compound CBD. Cannabidiol is used to treat various health issues like chronic pain, anxiety, epilepsy, acne etc. It has anti-inflammatory, antioxidant and calming properties which help relieve symptoms. Growing awareness about therapeutic benefits of CBD for medical conditions like cancer, Alzheimer's, diabetes etc. without intoxicating effects is driving its demand. The legality of cannabis for medical use in various countries is also boosting the cannabidiol market growth.

The Global cannabidiol market is estimated to be valued at US$ 323.23 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the cannabidiol market are Charlotte's Web, CV Sciences, Medical Marijuana Inc., Isodiol International Inc. and Canopy Growth Corporation. There exists significant opportunities in the market for development of innovative CBD products for various medical applications. Research investments for studying therapeutic efficacy is widening scope of conditions CBD can treat. North America hold the major share due to higher per capita income and technological advancement. Also, rise in health concerns among the people formed a major factor for rise in surgical and minimally invasive procedures in the U.S. According to American Society of Plastic Surgeons (ASPS), around 15.9 million surgical and minimally-invasive cosmetic procedures performed in the U.S. in 2015 which showed a 2% increase over 2014. Market Drivers Growing acceptance of medical cannabis - Legalization of cannabis for medical use in various countries like Canada, Germany, UK, Australia etc. is pushing cannabidiol market growth. More conditions are being added to list of ailments CBD can treat.

[futuristicpaintercat]

Medicinal Cannabis Market is Estimated to Witness High Growth Owing to Increasing Legalization of Medicinal Use

Medicinal cannabis, also known as medical marijuana, refers to using the whole unprocessed marijuana plant or its basic extracts to treat symptoms of illness and other conditions. Medicinal cannabis contains various cannabinoids including tetrahydrocannabinol (THC) and cannabidiol (CBD) that provide therapeutic benefits. The increasing legalization of medicinal cannabis in various countries is driving its demand for treatment of chronic pain, neurological disorders, cancer and other medical conditions.

The Global Medicinal Cannabis Market is estimated to be valued at US$ 14,589.08 Billion in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Medicinal Cannabis are Deere & Company, AGCO Corporation, Agribotix LLC, Agrobot and Blue River Technology are the major companies. These companies are investing heavily in R&D activities to develop innovative medicinal cannabis products. For instance, in 2023, Agrobot introduced an new AI and computer vision enabled agricultural robot for medicinal cannabis farms. The key opportunities in the medicinal cannabis market include development of new advanced formulation such as cannabis-infused patches, creams, lozenges and gummies. These formulations offer convenient way of administration and precise dosage which is driving their demand. Moreover, increasing legalization of medical marijuana in developing countries of Asia Pacific and Latin America are creating new revenue streams for market players. The global expansion of Medicinal Cannabis Market Demand is primarily driven by increasing adult-use legalization of cannabis in major markets including US, Canada. The companies are focusing on geographic expansion plans in European countries where medical use of cannabis is approved. Countries like Germany is emerging as major hub for medicinal cannabis producers and exporters. The companies are also evaluating opportunities in Latin American markets through acquisitions and partnerships with local players.

Get more insights on Medicinal Cannabis Market

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

[market-insider]

Exploring the Cannabidiol Nutraceuticals Market: Detailed Insights on Size, Share, and Growth Potential

The global CBD nutraceuticals market is projected to reach USD 17.4 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 18.8% during the forecast period. Introduction of the 2018 Farm Bill that legalized hemp cultivation and hemp-derived products in U.S., rising consumer preference for plant-based ingredients in dietary supplements, and awareness regarding the health benefits of cannabidiol are some of the factors powering the market growth. However, the easy availability of alternative products is obstructing market growth.

Further key findings from the report suggest

In 2018, CBD tinctures dominated the Cannabidiol nutraceuticals market with a revenue share of 42.6%, due to the higher bioavailability than other product types

The online sales channel is projected to witness the fastest growth rate over the forecast period. Many companies are opting for this channel, as it is a faster way to reach the target audience

Some of the major market players are Medical Marijuana Inc.; CV Sciences Inc.; CHARLOTTE’S WEB; Irwin Naturals; and MGC Pharma

For More Details or Sample Copy please visit link @: Cannabidiol Nutraceuticals Market

CBD tinctures dominated the global Cannabidiol (CBD) nutraceuticals market in 2018, with a revenue share of 42.6%. Increasing acceptance of cannabidiol for health and wellness purposes coupled with high bioavailability of tinctures when administered sublingually are the major factors responsible for this large market share. On the other hand, capsules and soft gels are anticipated to be the fastest-growing product type over the forecast period, as they are travel-friendly and convenient to carry in public places. However, many consumers dislike the raw taste and texture of cannabidiol and so they are switching towards capsules and softgels.

Based on the sales channel, retail store segment dominated the CBD (Cannabidiol) nutraceuticals market in 2018, as consumers prefer retail stores for buying dietary supplements due to attractive pricing. On the other hand, the online sales channel is expected to expand at the fastest CAGR over the forecast period owing to the rise in the preference for online shopping. Furthermore, the new entrants in the CBD nutraceuticals space, find online sales channel a much economical alternative than a retail storefront.

Top Companies in the Cannabidiol Nutraceuticals Market

CV Sciences, Inc.

Medical Marijuana Inc.

CHARLOTTE’S WEB

MGC Pharma

ENDOCA

Isodiol

Elixinol

Diamond CBD

Irwin Naturals

[hermespharma]

CBD Laws in Ireland: Understanding Regulations and Selling CBD Products

CBD, or cannabidiol, has gained popularity worldwide due to its potential health benefits. However, the legal landscape surrounding CBD can be complex and varies significantly from country to country. This article will delve into the CBD laws in Ireland, covering the regulations and the legalities of selling CBD products in the country.

Understanding CBD Laws in Ireland CBD laws in Ireland have evolved over the years, reflecting the growing interest in this non-psychoactive compound derived from the cannabis plant. In Ireland, the legality of CBD largely depends on the THC content. THC, or tetrahydrocannabinol, is the psychoactive component of cannabis that causes the "high" associated with marijuana use.

THC Content: For CBD products to be legal in Ireland, they must contain less than 0.2% THC. This strict regulation ensures that CBD products do not have psychoactive effects and are safe for consumption.

Hemp-Derived CBD: CBD derived from industrial hemp is legal in Ireland, provided it adheres to the THC content limit. Industrial hemp is specifically cultivated to contain low levels of THC and is used for various purposes, including the extraction of CBD.

Medicinal CBD: While CBD products are available over-the-counter, medicinal CBD products with higher THC content require a prescription from a licensed medical professional. These products are subject to more stringent regulations and are typically used to treat specific medical conditions. Selling CBD in Ireland The market for CBD products in Ireland is growing, with an increasing number of businesses looking to enter this lucrative industry. However, selling CBD in Ireland involves adhering to several regulations to ensure compliance with the law.

Product Testing and Certification: All CBD products sold in Ireland must undergo rigorous testing to verify their THC content and overall quality. Certificates of Analysis (COAs) from accredited laboratories are often required to prove compliance with the legal THC limit and to assure consumers of the product's safety and efficacy.

Labelling and Marketing: Proper labelling is crucial when selling CBD products in Ireland. Labels must accurately reflect the product's ingredients, THC content, and other relevant information. Misleading claims about the health benefits of CBD are strictly prohibited, and all marketing materials must comply with advertising standards.

Import and Export Regulations: Businesses involved in importing or exporting CBD products must navigate additional regulatory requirements. This includes ensuring that products meet the legal standards of the destination country and obtaining any necessary permits or licenses. Challenges and Opportunities The CBD market in Ireland presents both challenges and opportunities for businesses and consumers alike. Understanding the legal framework is essential for anyone looking to sell or purchase CBD products in the country.

Regulatory Compliance: Navigating the regulatory landscape can be challenging, particularly for new businesses. Staying informed about changes in the law and ensuring ongoing compliance is crucial to avoid legal issues.

Consumer Demand: Despite the regulatory challenges, consumer demand for CBD products in Ireland continues to grow. Many consumers are interested in the potential health benefits of CBD, driving the market for a wide range of products, from oils and tinctures to edibles and topicals.

Innovation and Education: The evolving nature of the CBD industry presents opportunities for innovation and education. Businesses that invest in high-quality products and transparent practices can build trust with consumers and contribute to the overall growth of the market.

In conclusion, CBD laws in Ireland are designed to ensure the safety and quality of CBD products while allowing consumers to benefit from their potential health advantages. For CBD stores and CBD businesses, understanding and complying with these regulations is key to successfully navigating the market and meeting consumer demand. As the industry continues to evolve, staying informed and adaptable will be essential for long-term success.

[nidhi0]

Rising Preference for Natural Products to Boost CBD Skincare Market

As per a new market research report by Inkwood Research, the Global CBD Skin Care Market is anticipated to progress with a CAGR of 21.97% during the forecast period, 2024-2032.

The comprehensive report spans 118 pages, featuring 97 market data tables and 71 figures. It provides an in-depth analysis of the Global CBD Skin Care Market by Source, User Demographic, Product Type, Price Range, Packaging, Distribution Channel, and Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/cbd-skincare-market/

This insightful report by Inkwood Research delves into market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. Covering all aspects of the CBD skin care product market, the report offers valuable insights for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs from industry professionals across the value chain.

Global CBD Skin Care Market Scenario

Cannabidiol (CBD), derived from cannabis plants, has emerged as a key ingredient in skincare formulations. Notable for its non-psychoactive nature, CBD is gaining popularity in the skincare industry due to its medicinal qualities, particularly its recognized antioxidant and anti-inflammatory properties. This has driven the widespread adoption of CBD isolate in skincare products.

CBD skin care products are increasingly favored by consumers who prefer natural cosmetics and holistic approaches to beauty and wellness. This trend reflects significant advancements in the CBD beauty products market, driven by a growing awareness of CBD's potential benefits and a shift towards organic skin care products. The demand for CBD-infused skin care is expanding rapidly, fueled by consumers seeking alternative therapies for various skin conditions. This surge in interest is part of a larger trend towards self-care, which has seen a notable increase due to a heightened focus on health and wellness, as well as increased time spent at home. Notably, the shift in consumer behavior has accelerated market growth, particularly evident in the substantial rise of online sales channels.

The Global CBD Skin Care Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for the Global CBD Skincare Market by Product Type, Source, User Demographic, Price Range, Packaging, Distribution Channel, & by Geography: https://inkwoodresearch.com/reports/cbd-skincare-market/request-free-sample

Market Segmentation

Market by Source:

Natural and Organic

Hemp-Derived CBD

Marijuana-Derived CBD

Synthetic

Market by User Demographic:

Male

Female

Market by Product Type:

CBD Oil

Cream

Moisturizer and Lotions

Balm

Lip Balm

Eye Balm

Mask & Serum

Face & Body Cleanser

Soap

Other Product Types

Market by Price Range:

Economic

Premium

Market by Packaging:

Pump and Dispensers

Tube

Jar/Bottle

Stick

Other Packaging

Market by Distribution Channel:

Supermarket/Hypermarket

Specialty Store

Pharmaceutical Store

Departmental Store

Online Retail

Other Distribution Channels

 Report Highlights

- Detailed analysis of current and future market trends to identify investment opportunities.

- Market forecasts till 2032, using estimated market values as base numbers.

- Key market trends across business segments, regions, and countries.

- Key developments and strategies observed in the market.

- Market dynamics such as drivers, restraints, opportunities, and other trends.

- In-depth company profiles of key players and upcoming prominent players.

- Growth prospects among emerging nations through 2032.

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

Companies Profiled

•           VERTLYBALM LTD

•           TILRAY BRANDS INC

•           SWISS ORGANIC PARTNERS AG

•           PURA EARTH

•           MYADERM

•           KIEHL'S LLC

•           KAPU MAKU LLC (POPULUM)

•           ISODIOL INTERNATIONAL INC

•           HERBIVORE BOTANICALS

•           ENDOCA BV

•           MEDICAL MARIJUANA INC

•           ELIXINOL GLOBAL LIMITED

•           CBD FOR LIFE

•           CANNUKA LLC

•           EARTHLY BODY

FAQs

1. What are the key factors driving the growth of the CBD Skincare Market?

Answer: The growth is driven by the increasing awareness of CBD’s potential benefits, such as its antioxidant and anti-inflammatory properties, the rising preference for natural and holistic skincare products, and the surge in demand for alternative therapies for various skin conditions.

2. What trends are shaping the CBD skincare market?

Answer: Key trends include the growing preference for natural and organic skincare products, increased consumer awareness of the benefits of CBD, and a rise in online sales channels.

3. What opportunities exist for new entrants in the CBD skincare market?

Answer: New entrants can capitalize on the growing demand for CBD-infused skincare, the shift towards organic and natural cosmetics, and the expanding online retail market. Additionally, innovations in product formulations and packaging can offer significant growth opportunities.

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[priyanshisingh]

CBD Infused Coffee Market Landscape: Trends, Drivers, and Forecast (2023-2032)

The Global CBD-Infused Coffee Market is experiencing significant growth, projected to expand from USD 357.12 million in 2023 to an estimated USD 1,524.60 million by 2032. This growth represents a robust compound annual growth rate (CAGR) of 17.50% from 2024 to 2032.

CBD-infused coffee is gaining traction as a popular beverage among consumers seeking the combined benefits of caffeine and cannabidiol (CBD). This innovative drink marries the stimulating effects of coffee with the potential health benefits of CBD, which is known for its anti-inflammatory, anxiolytic, and pain-relieving properties. As the wellness trend continues to grow, more consumers are looking for functional beverages that offer additional health benefits beyond traditional options. The market for CBD-infused coffee is expanding rapidly, driven by increasing consumer awareness of CBD's potential benefits, the rising demand for natural and organic products, and the legalization of hemp-derived CBD in many regions. Companies in this space are focusing on product quality, sourcing high-grade coffee beans, and ensuring the CBD used is from reputable, certified sources to meet regulatory standards and consumer expectations.

Additionally, the versatility of CBD-infused coffee allows it to be enjoyed in various forms, including ready-to-drink bottles, single-serve pods, and ground coffee blends, catering to diverse consumer preferences. The U.S. and Europe are currently the leading markets, with a growing number of cafes and retail stores offering CBD-infused coffee products. Despite the positive growth outlook, the market faces challenges such as regulatory uncertainties and the need for more scientific research to substantiate health claims.

The CBD-infused coffee market, despite its promising growth and popularity, faces several significant challenges that could impact its development and expansion. Here are the primary challenges:

Regulatory Uncertainties

Complex Legal Landscape: The legal status of CBD varies widely across different regions and countries. In some places, CBD is fully legal, while in others, it is heavily regulated or even banned. This inconsistent regulatory environment creates hurdles for companies looking to expand their market reach.

FDA Approval: In the United States, the Food and Drug Administration (FDA) has yet to establish comprehensive regulations for CBD in food and beverages, creating uncertainty and potential legal risks for businesses.

Quality Control and Standardization

Lack of Standardization: The CBD industry lacks standardized production and quality control measures, leading to variations in product potency and effectiveness. This inconsistency can affect consumer trust and product reliability.

Contamination Risks: Ensuring that CBD is free from contaminants such as pesticides, heavy metals, and residual solvents is crucial. Poor-quality CBD can pose health risks and lead to negative publicity and legal issues.

Consumer Education and Perception

Lack of Awareness: Many consumers are still unfamiliar with CBD and its benefits, as well as its combination with coffee. Misinformation and myths about CBD can hinder market growth.

Skepticism: Some consumers remain skeptical about the safety and efficacy of CBD-infused products, particularly in the context of their health benefits and the potential psychoactive effects of cannabinoids, even though CBD itself is non-psychoactive.

Market Competition

Emerging Competition: The CBD-infused beverage market is becoming increasingly competitive, with numerous new entrants offering various CBD-infused drinks. Differentiating products in this crowded market can be challenging.

Pricing Pressure: High production costs associated with quality CBD extraction and compliance with regulations can result in higher prices, potentially limiting consumer adoption.

Scientific Research and Health Claims

Insufficient Research: While preliminary studies suggest several potential health benefits of CBD, more robust scientific research and clinical trials are needed to substantiate these claims. The lack of conclusive evidence can affect consumer confidence and regulatory approval.

Health Claims: Making health claims about CBD-infused products can attract regulatory scrutiny. Companies must navigate carefully to avoid making unsubstantiated claims that could lead to legal issues.

Supply Chain Issues

Supply Chain Complexity: The supply chain for CBD-infused coffee is complex, involving sourcing quality coffee beans and high-grade CBD, both of which require stringent quality controls. Disruptions in the supply chain can affect product availability and consistency.

Traceability: Ensuring traceability and transparency throughout the supply chain is crucial for maintaining product quality and consumer trust. This can be challenging given the nascent stage of the CBD industry.

Financial and Investment Challenges

Funding and Investment: Securing funding and investment for CBD-infused coffee ventures can be challenging due to the perceived risks associated with the regulatory environment and market volatility. Investors may be cautious about entering the CBD market until clearer regulations are established.

Key players

Kannaway

Forest Coffee Trading Co.

Buddha Beans Coffee Co.

Strava Craft Coffee

Dani Pepper

Hakuna Supply

Mary Joe

Green Roads

More About Report- https://www.credenceresearch.com/report/cbd-infused-coffee-market

The CBD-infused coffee market is witnessing several innovative trends that are driving its growth and attracting a diverse range of consumers. These trends reflect the evolving consumer preferences for functional beverages, health and wellness, and convenience. Here are some of the key innovative trends in the CBD-infused coffee market:

Product Formulation and Variety

Enhanced Formulations: Companies are developing CBD-infused coffee with enhanced formulations that include additional functional ingredients such as adaptogens, vitamins, and minerals. These formulations aim to provide synergistic health benefits, such as improved focus, stress relief, and immune support.

Flavor Innovations: To cater to diverse taste preferences, manufacturers are experimenting with various flavors and blends. This includes the introduction of flavored CBD coffee pods, gourmet coffee beans infused with CBD, and ready-to-drink (RTD) options in unique flavors like mocha, vanilla, and caramel.

Sustainable and Ethical Sourcing

Organic and Fair Trade: There is a growing emphasis on using organic and fair-trade coffee beans, ensuring that the products are not only beneficial for consumers but also environmentally sustainable and ethically sourced. This trend appeals to the eco-conscious consumer base.

Transparent Supply Chain: Companies are focusing on transparency in their supply chain, providing detailed information about the sourcing of both coffee beans and CBD. This includes certifications and third-party lab testing results to assure quality and purity.

Convenient and Innovative Packaging

Single-Serve Pods: The popularity of single-serve coffee pods infused with CBD is on the rise, offering consumers a convenient and easy way to enjoy their CBD coffee. These pods are compatible with popular coffee machines, making them a practical choice for busy individuals.

Ready-to-Drink Options: Ready-to-drink CBD-infused coffee beverages are gaining traction, particularly among on-the-go consumers. These pre-packaged drinks are available in various flavors and strengths, providing a quick and convenient way to consume CBD coffee.

Customization and Personalization

Customizable Doses: Some brands offer customizable CBD doses in their coffee products, allowing consumers to choose the CBD concentration that best suits their needs and preferences. This trend caters to individual preferences and promotes personalized wellness.

Subscription Services: Subscription services for CBD-infused coffee are becoming popular, providing consumers with regular deliveries of their favorite blends. These services often include options for personalized selections based on taste and CBD dosage preferences.

Health and Wellness Integration

Holistic Wellness: CBD-infused coffee is increasingly being marketed as part of a holistic wellness routine, emphasizing its potential benefits for mental clarity, relaxation, and overall well-being. Brands are collaborating with wellness influencers and practitioners to promote these benefits.

Educational Campaigns: Companies are investing in educational campaigns to inform consumers about the benefits of CBD and its safe use. This includes providing information on how CBD interacts with caffeine and the body, aiming to dispel myths and enhance consumer trust.

Technological Advancements

Nanoemulsion Technology: Some brands are incorporating nanoemulsion technology to improve the bioavailability and absorption rate of CBD in their coffee products. This technology ensures that CBD is more effectively delivered and utilized by the body.

Blockchain for Traceability: Blockchain technology is being used to enhance traceability and transparency in the supply chain, providing consumers with detailed information about the origin and quality of the CBD and coffee beans used in their products.

Market Expansion and Collaboration

Café Partnerships: Collaborations between CBD brands and coffee shops or cafés are on the rise, providing consumers with access to CBD-infused coffee in popular and convenient locations. These partnerships also help in increasing brand visibility and consumer trial.

Cross-Industry Collaborations: Companies are exploring cross-industry collaborations, such as partnering with wellness brands, fitness centers, and health food stores, to expand their reach and tap into new consumer segments.

Segments

Based on Type

Organic

Conventional

Based on Source

Marijuana

Hemp

Based on Application

Online Channel

Hypermarkets

Specialty Stores

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