Product Code: 4541
The global cannabidiol (CBD) market is expected to expand at a significant rate through 2028 owing to its effective pain relief benefits. In addition, growing use of CBD in various treatments is slated to further fuel industry growth over the forecast period.
The cannabis-derived therapy for treating epileptic seizures is quite a popular discovery. Cannabidiol-based products and drugs are being meticulously adopted in various industries, such as skincare or beauty & health and pet products. For instance, in July 2020, Epidiolex (CBD) oral solution was approved by the US Food and Drug Administration for use in the treatment of seizures related to tuberous sclerosis complex (TSC) in patients aged one year and above. It is the first FDA-approved medication that contains a pure cannabis-derived drug ingredient. Thus, the expanding scope of therapeutic application of cannabis has played a vital role in business growth.
The cannabidiol (CBD) market has been bifurcated in terms of product, application, route of administration, source, distribution channel, and region. Based on product, the CBD market has been segmented into suppository, transdermal patches, oil, tablets, isolates, tinctures, creams and roll-on, vape oil, capsules, CBD inhalers, and others. In 2021, the suppository sub-segment recorded a market valuation of approximately USD 523.9 million and is anticipated to observe sturdy growth over the review timeline.
With respect to application, the cannabidiol (CBD) market has been divided into anxiety/stress, chronic pain, sleep/insomnia, migraines, joint pain & inflammation, skin care, seizures, neurological conditions, and others. The skin care sub-segment held a market share of around 2.2% in 2021 and is slated to record substantial growth in the forthcoming years.
With regards to route of administration, the industry has been classified into topical, oral, inhalation, rectal, transdermal patches, and sublingual. The inhalation sub-segment was valued at about USD 733.4 million in 2021 and is set to witness robust growth between 2022 and 2028.
Based on source, the cannabidiol (CBD) market has been categorized into marijuana and hemp. The marijuana sub-segment is slated to experience a sturdy growth at a rate of above 21.0% over the forecast period.
In terms of distribution channel, the CBD industry has been bifurcated into online and offline. The offline sub-segment is speculated to grow at a notable CAGR to surpass USD 28.6 billion in revenue by 2028.
From the regional standpoint, the Latin America cannabidiol (CBD) market is likely to exhibit positive growth at a rate of over 22.1% through the review timeframe. Meanwhile, the Middle East and Africa cannabidiol (CBD) industry accounted for roughly 2.2% of the overall industry revenue in 2021 and is anticipated to showcase steady progress between 2022 and 2028.
Table of Contents
Chapter 1 Methodology
- 1.1 Market definitions
- 1.2 Base estimates & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific
- 1.2.4 Latin America
- 1.2.5 MEA
- 1.3 Forecast parameters
- 1.4 Data validation
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.1.1 Paid sources
- 1.5.1.2 Unpaid sources
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 Cannabidiol (CBD) industry 360 degree synopsis, 2017-2028
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Application trends
- 2.1.4 Route of administration trends
- 2.1.5 Source trends
- 2.1.6 Distribution channel trends
Chapter 3 Cannabidiol (CBD) Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2017 - 2028
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.1.1 Growing medical applications of CBD
- 3.3.1.2 Increasing product adoption and utilization owing to government approvals
- 3.3.1.3 Changing regulatory landscape for approval of CBD products across region
- 3.3.1.4 Increasing sales of CBD products in retail stores
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1 Side effects associated with CBD oil
- 3.3.2.2 Counterfeit and synthetic products available in the market
- 3.3.2.3 High cost of CBD products
- 3.3.2.4 Complex prescription process
- 3.4 Growth potential analysis
- 3.4.1 By product
- 3.4.2 By application
- 3.4.3 By route of administration
- 3.4.4 By source
- 3.4.5 By distribution channel
- 3.5 COVID-19 impact analysis
- 3.6 Regulatory landscape
- 3.7 Porter's analysis
- 3.8 Competitive landscape, 2021
- 3.8.1 Company matrix analysis
- 3.9 PESTEL analysis
Chapter 4 Cannabidiol (CBD) Market, By Product
- 4.1 Key segment trends
- 4.2 Oil
- 4.2.1 Market size, by region, 2017-2028 (USD Million)
- 4.3 Tinctures
- 4.3.1 Market size, by region, 2017-2028 (USD Million)
- 4.4 Suppository
- 4.4.1 Market size, by region, 2017-2028 (USD Million)
- 4.5 Transdermal patches
- 4.5.1 Market size, by region, 2017-2028 (USD Million)
- 4.6 Isolates
- 4.6.1 Market size, by region, 2017-2028 (USD Million)
- 4.7 Tablets
- 4.7.1 Market size, by region, 2017-2028 (USD Million)
- 4.8 Capsules
- 4.8.1 Market size, by region, 2017-2028 (USD Million)
- 4.9 Vape oil
- 4.9.1 Market size, by region, 2017-2028 (USD Million)
- 4.10 Creams and roll-ons
- 4.10.1 Market size, by region, 2017-2028 (USD Million)
- 4.11 CBD inhalers
- 4.11.1 Market size, by region, 2017-2028 (USD Million)
- 4.12 Others
- 4.12.1 Market size, by region, 2017-2028 (USD Million)
Chapter 5 Cannabidiol (CBD) Market, By Application
- 5.1 Key segment trend
- 5.2 Anxiety/stress
- 5.2.1 Market size, by region, 2017-2028 (USD Million)
- 5.3 Sleep/insomnia
- 5.3.1 Market size, by region, 2017-2028 (USD Million)
- 5.4 Chronic pain
- 5.4.1 Market size, by region, 2017-2028 (USD Million)
- 5.5 Migraine
- 5.5.1 Market size, by region, 2017-2028 (USD Million)
- 5.6 Skin care
- 5.6.1 Market size, by region, 2017-2028 (USD Million)
- 5.7 Seizure
- 5.7.1 Market size, by region, 2017-2028 (USD Million)
- 5.8 Joint pain & inflammation
- 5.8.1 Market size, by region, 2017-2028 (USD Million)
- 5.9 Neurological conditions
- 5.9.1 Market size, by region, 2017-2028 (USD Million)
- 5.10 Others
- 5.10.1 Market size, by region, 2017-2028 (USD Million)
Chapter 6 Cannabidiol (CBD) Market, By Route of Administration
- 6.1 Key segment trend
- 6.2 Oral
- 6.2.1 Market size, by region, 2017-2028 (USD Million)
- 6.3 Topical
- 6.3.1 Market size, by region, 2017-2028 (USD Million)
- 6.4 Inhalation
- 6.4.1 Market size, by region, 2017-2028 (USD Million)
- 6.5 Transdermal patches
- 6.5.1 Market size, by region, 2017-2028 (USD Million)
- 6.6 Rectal
- 6.6.1 Market size, by region, 2017-2028 (USD Million)
- 6.7 Sublingual
- 6.7.1 Market size, by region, 2017-2028 (USD Million)
Chapter 7 Cannabidiol (CBD) Market, By Source
- 7.1 Key segment trend
- 7.2 Marijuana
- 7.2.1 Market size, by region, 2017-2028 (USD Million)
- 7.3 Hemp
- 7.3.1 Market size, by region, 2017-2028 (USD Million)
Chapter 8 Cannabidiol (CBD) Market, By Distribution Channel
- 8.1 Key segment trend
- 8.2 Online
- 8.2.1 Market size, by region, 2017-2028 (USD Million)
- 8.3 Offline
- 8.3.1 Market size, by region, 2017-2028 (USD Million)
- 8.3.2 Hospital pharmacy
- 8.3.2.1 Market size, by region, 2017-2028 (USD Million)
- 8.3.3 Retail stores
- 8.3.3.1 Market size, by region, 2017-2028 (USD Million)
Chapter 9 Cannabidiol (CBD) Market, By Region
- 9.1 Key regional trends
- 9.2 North America
- 9.2.1 Market size, by country, 2017-2028 (USD Million)
- 9.2.2 Market size, by product, 2017-2028 (USD Million)
- 9.2.3 Market size, by application, 2017-2028 (USD Million)
- 9.2.4 Market size, by route of administration, 2017-2028 (USD Million)
- 9.2.5 Market size, by source, 2017-2028 (USD Million)
- 9.2.6 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.2.6.1 Market size, by offline, 2017-2028 (USD Million)
- 9.2.7 U.S.
- 9.2.7.1 Market size, by product, 2017-2028 (USD Million)
- 9.2.7.2 Market size, by application, 2017-2028 (USD Million)
- 9.2.7.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.2.7.4 Market size, by source, 2017-2028 (USD Million)
- 9.2.7.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.2.7.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.2.8 Canada
- 9.2.8.1 Market size, by product, 2017-2028 (USD Million)
- 9.2.8.2 Market size, by application, 2017-2028 (USD Million)
- 9.2.8.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.2.8.4 Market size, by source, 2017-2028 (USD Million)
- 9.2.8.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.2.8.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3 Europe
- 9.3.1 Market size, by country, 2017-2028 (USD Million)
- 9.3.2 Market size, by product, 2017-2028 (USD Million)
- 9.3.3 Market size, by application, 2017-2028 (USD Million)
- 9.3.4 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.5 Market size, by source, 2017-2028 (USD Million)
- 9.3.6 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.6.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3.7 Germany
- 9.3.7.1 Market size, by product, 2017-2028 (USD Million)
- 9.3.7.2 Market size, by application, 2017-2028 (USD Million)
- 9.3.7.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.7.4 Market size, by source, 2017-2028 (USD Million)
- 9.3.7.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.7.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3.8 UK
- 9.3.8.1 Market size, by product, 2017-2028 (USD Million)
- 9.3.8.2 Market size, by application, 2017-2028 (USD Million)
- 9.3.8.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.8.4 Market size, by source, 2017-2028 (USD Million)
- 9.3.8.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.8.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3.9 France
- 9.3.9.1 Market size, by product, 2017-2028 (USD Million)
- 9.3.9.2 Market size, by application, 2017-2028 (USD Million)
- 9.3.9.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.9.4 Market size, by source, 2017-2028 (USD Million)
- 9.3.9.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.9.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3.10 Italy
- 9.3.10.1 Market size, by product, 2017-2028 (USD Million)
- 9.3.10.2 Market size, by application, 2017-2028 (USD Million)
- 9.3.10.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.10.4 Market size, by source, 2017-2028 (USD Million)
- 9.3.10.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.10.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3.11 Switzerland
- 9.3.11.1 Market size, by product, 2017-2028 (USD Million)
- 9.3.11.2 Market size, by application, 2017-2028 (USD Million)
- 9.3.11.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.11.4 Market size, by source, 2017-2028 (USD Million)
- 9.3.11.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.11.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.3.12 The Netherlands
- 9.3.12.1 Market size, by product, 2017-2028 (USD Million)
- 9.3.12.2 Market size, by application, 2017-2028 (USD Million)
- 9.3.12.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.3.12.4 Market size, by source, 2017-2028 (USD Million)
- 9.3.12.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.3.12.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.4 Asia Pacific
- 9.4.1 Market size, by country, 2017-2028 (USD Million)
- 9.4.2 Market size, by product, 2017-2028 (USD Million)
- 9.4.3 Market size, by application, 2017-2028 (USD Million)
- 9.4.4 Market size, by route of administration, 2017-2028 (USD Million)
- 9.4.5 Market size, by source, 2017-2028 (USD Million)
- 9.4.6 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.4.6.1 Market size, by offline, 2017-2028 (USD Million)
- 9.4.7 Australia
- 9.4.7.1 Market size, by product, 2017-2028 (USD Million)
- 9.4.7.2 Market size, by application, 2017-2028 (USD Million)
- 9.4.7.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.4.7.4 Market size, by source, 2017-2028 (USD Million)
- 9.4.7.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.4.7.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.4.8 New Zealand
- 9.4.8.1 Market size, by product, 2017-2028 (USD Million)
- 9.4.8.2 Market size, by application, 2017-2028 (USD Million)
- 9.4.8.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.4.8.4 Market size, by source, 2017-2028 (USD Million)
- 9.4.8.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.4.8.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.4.9 Japan
- 9.4.9.1 Market size, by product, 2017-2028 (USD Million)
- 9.4.9.2 Market size, by application, 2017-2028 (USD Million)
- 9.4.9.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.4.9.4 Market size, by source, 2017-2028 (USD Million)
- 9.4.9.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.4.9.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.4.10 Thailand
- 9.4.10.1 Market size, by product, 2017-2028 (USD Million)
- 9.4.10.2 Market size, by application, 2017-2028 (USD Million)
- 9.4.10.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.4.10.4 Market size, by source, 2017-2028 (USD Million)
- 9.4.10.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.4.10.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.5 Latin America
- 9.5.1 Market size, by country, 2017-2028 (USD Million)
- 9.5.2 Market size, by product, 2017-2028 (USD Million)
- 9.5.3 Market size, by application, 2017-2028 (USD Million)
- 9.5.4 Market size, by route of administration, 2017-2028 (USD Million)
- 9.5.5 Market size, by source, 2017-2028 (USD Million)
- 9.5.6 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.5.6.1 Market size, by offline, 2017-2028 (USD Million)
- 9.5.7 Brazil
- 9.5.7.1 Market size, by product, 2017-2028 (USD Million)
- 9.5.7.2 Market size, by application, 2017-2028 (USD Million)
- 9.5.7.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.5.7.4 Market size, by source, 2017-2028 (USD Million)
- 9.5.7.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.5.7.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.5.8 Mexico
- 9.5.8.1 Market size, by product, 2017-2028 (USD Million)
- 9.5.8.2 Market size, by application, 2017-2028 (USD Million)
- 9.5.8.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.5.8.4 Market size, by source, 2017-2028 (USD Million)
- 9.5.8.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.5.8.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.5.9 Peru
- 9.5.9.1 Market size, by product, 2017-2028 (USD Million)
- 9.5.9.2 Market size, by application, 2017-2028 (USD Million)
- 9.5.9.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.5.9.4 Market size, by source, 2017-2028 (USD Million)
- 9.5.9.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.5.9.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.5.10 Colombia
- 9.5.10.1 Market size, by product, 2017-2028 (USD Million)
- 9.5.10.2 Market size, by application, 2017-2028 (USD Million)
- 9.5.10.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.5.10.4 Market size, by source, 2017-2028 (USD Million)
- 9.5.10.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.5.10.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.6 Middle East and Africa
- 9.6.1 Market size, by country, 2017-2028 (USD Million)
- 9.6.2 Market size, by product, 2017-2028 (USD Million)
- 9.6.3 Market size, by application, 2017-2028 (USD Million)
- 9.6.4 Market size, by route of administration, 2017-2028 (USD Million)
- 9.6.5 Market size, by source, 2017-2028 (USD Million)
- 9.6.6 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.6.6.1 Market size, by offline, 2017-2028 (USD Million)
- 9.6.7 South Africa
- 9.6.7.1 Market size, by product, 2017-2028 (USD Million)
- 9.6.7.2 Market size, by application, 2017-2028 (USD Million)
- 9.6.7.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.6.7.4 Market size, by source, 2017-2028 (USD Million)
- 9.6.7.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.6.7.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.6.8 Israel
- 9.6.8.1 Market size, by product, 2017-2028 (USD Million)
- 9.6.8.2 Market size, by application, 2017-2028 (USD Million)
- 9.6.8.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.6.8.4 Market size, by source, 2017-2028 (USD Million)
- 9.6.8.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.6.8.5.1 Market size, by offline, 2017-2028 (USD Million)
- 9.6.9 Turkey
- 9.6.9.1 Market size, by product, 2017-2028 (USD Million)
- 9.6.9.2 Market size, by application, 2017-2028 (USD Million)
- 9.6.9.3 Market size, by route of administration, 2017-2028 (USD Million)
- 9.6.9.4 Market size, by source, 2017-2028 (USD Million)
- 9.6.9.5 Market size, by distribution channel, 2017-2028 (USD Million)
- 9.6.9.5.1 Market size, by offline, 2017-2028 (USD Million)
Chapter 10 Company Profiles
- 10.1 Competitive dashboard
- 10.2 Isodiol International Inc
- 10.2.1 Business overview
- 10.2.2 Financial data
- 10.2.3 Product landscape
- 10.2.4 Strategic outlook
- 10.2.5 SWOT analysis
- 10.3 Medical Marijuana, Inc.
- 10.3.1 Business overview
- 10.3.2 Financial data
- 10.3.3 Product landscape
- 10.3.4 Strategic outlook
- 10.3.5 SWOT analysis
- 10.4 Aurora Cannabis
- 10.4.1 Business overview
- 10.4.2 Financial data
- 10.4.3 Product landscape
- 10.4.4 Strategic outlook
- 10.4.5 SWOT analysis
- 10.5 Canopy Growth Corporation
- 10.5.1 Business overview
- 10.5.2 Financial data
- 10.5.3 Product landscape
- 10.5.4 Strategic outlook
- 10.5.5 SWOT analysis
- 10.6 Tilray
- 10.6.1 Business overview
- 10.6.2 Financial data
- 10.6.3 Product landscape
- 10.6.4 Strategic outlook
- 10.6.5 SWOT analysis
- 10.7 GW Pharmaceuticals
- 10.7.1 Business overview
- 10.7.2 Financial data
- 10.7.3 Product landscape
- 10.7.4 Strategic outlook
- 10.7.5 SWOT analysis
- 10.8 CV Sciences, Inc.
- 10.8.1 Business overview
- 10.8.2 Financial data
- 10.8.3 Product landscape
- 10.8.4 Strategic outlook
- 10.8.5 SWOT analysis
- 10.9 NuLeaf Naturals, LLC,
- 10.9.1 Business overview
- 10.9.2 Financial data
- 10.9.3 Product landscape
- 10.9.4 Strategic outlook
- 10.9.5 SWOT analysis
- 10.10 Folium Biosciencesilray
- 10.10.1 Business overview
- 10.10.2 Financial data
- 10.10.3 Product landscape
- 10.10.4 Strategic outlook
- 10.10.5 SWOT analysis
- 10.11 Medterra
- 10.11.1 Business overview
- 10.11.2 Financial data
- 10.11.3 Product landscape
- 10.11.4 Strategic outlook
- 10.11.5 SWOT analysis
- 10.12 Endoca
- 10.12.1 Business overview
- 10.12.2 Financial data
- 10.12.3 Product landscape
- 10.12.4 Strategic outlook
- 10.12.5 SWOT analysis
- 10.13 Charlotte's Web
- 10.13.1 Business overview
- 10.13.2 Financial data
- 10.13.3 Product landscape
- 10.13.4 Strategic outlook
- 10.13.5 SWOT analysis
- 10.14 Elixinol
- 10.14.1 Business overview
- 10.14.2 Financial data
- 10.14.3 Product landscape
- 10.14.4 Strategic outlook
- 10.14.5 SWOT analysis
- 10.15 Gaia Herbs, LLC,
- 10.15.1 Business overview
- 10.15.2 Financial data
- 10.15.3 Product landscape
- 10.15.4 Strategic outlook
- 10.15.5 SWOT analysis
- 10.16 KOI CBD
- 10.16.1 Business overview
- 10.16.2 Financial data
- 10.16.3 Product landscape
- 10.16.4 Strategic outlook
- 10.16.5 SWOT analysis
- 10.17 Tterrapharma
- 10.17.1 Business overview
- 10.17.2 Financial data
- 10.17.3 Product landscape
- 10.17.4 Strategic outlook
- 10.17.5 SWOT analysis
- 10.18 Vapen CBD
- 10.18.1 Business overview
- 10.18.2 Financial data
- 10.18.3 Product landscape
- 10.18.4 Strategic outlook
- 10.18.5 SWOT analysis