Cannabidiol Oil Market is valued at USD 23.37 Million in 2018 and expected to reach USD 1068.54 Million by 2025 with the CAGR of 21.5% over the forecast period.
Cannabidiol oil is a naturally occurring substance which is extracted from the cannabis sativa plant and it is used for various medical purposes. Its prolonged use can cause various side effects due to which its legalization is the debate topic for the authorities. It is still banned in most of the countries but also legalized for the medical use under stringent regulations. These countries include U.S., Canada, UK, Sweden and others.
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors. Geographically, this report split global into several key Regions, revenue (Million USD) the geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Cannabidiol Oil (CBD Oil) Market.
By Type Hemp-derived Type, • Marijuana-derived Type By Application Pharmaceuticals Industry, Food Industry, Cosmetics Industry, Others
Brandessence Market Research has announced the Top Cannabidiol Oil Manufacture Market Companies List In 2020:
Canopy Growth Corporation is one of the leading medical marijuana companies that manufactures and sells CBD oil products through its well-known subsidiary Bedrocan. Bedrocan is touted as one of the world’s most experienced producers and exporters of legal medicinal cannabis with product lines containing five different cannabis strains
Canopy Growth Corporation recently increased its push to advertise clinical cannabis in the worldwide market to Germany and Brazil. Its products incorporate Bedrocan, a sativa plant type cannabis; Bedropuur, a tetrahydrocannabinol (THC) indica for THC extraction, Bedica, an indica predominant strain of cannabis; Bedrobinol, Bediol, and Bedrolite items, the sativa prevailing strains of cannabis.
Aurora Cannabis is one of the top CBD oil companies in the world which primarily focuses on producing and selling medical marijuana products. The award-winning company also produces psychoactive products, such as THC.
Aurora cannabis is good to go to turn into the biggest maker of CBD oil with its present creation limit potential to deliver 570,000 kg for every year. These creation offices position the organization for a fast reaction to developing interest for CBD oil in Europe and other worldwide markets. Through its completely claimed cannabis merchant Pedanios, Aurora Cannabis has just had the option to cling to the GMP principles required in offices working in the European Union.
Isodiol International has been developing pharmaceutical and health and wellness products for a long time, and today the company is supporting the pharmaceutical sector at large with its recently approved CBD products as an active pharmaceutical ingredient.
the company is right now centered around the medical advantages that hemp conveys and is effectively advertising hemp-based customer items and arrangements. The organization appropriates its wide-going item portfolio through different channels locally and globally.
Bluebird Botanicals, also known as Gaia Botanicals, is an award-winning CBD oil company and a leading manufacturer of hemp CBD consumer products. Although the majority of its sales occur online, its products are also sold at its physical retail stores and other third-party retailers.
the Company has been creating private name CBD items for different organizations over the globe and furthermore offering its unadulterated concentrates to organizations. Bluebird Botanicals right now has wholesalers in Japan, South America, and Europe, and the organization is attempting to enter different locales as well. Its items incorporate oil extricates, vape things, CBD cases, and pet items.
CV Sciences is a manufacturer and supplier of hemp-based phytocannabinoids such as CBD oil to the beauty care, pet care, nutraceuticals, specialty beverage, and functional food sectors. It is also a maker of pharmaceutical therapeutics.
CV Sciences revealed noteworthy development and productivity this year that has exhibited the intensity of its items and brand acknowledgment with the CBD oil industry. The organization PlusCBD product offering is very much situated for standard endorsement and extended appropriation as the wellbeing and health segment keeps on grasping CBD normalization and commercialization. CV Sciences as of late expanded its retail location tally to 1968 natural wellbeing food stores, making it one of the world's biggest CBD oil organizations.
Interested in this report?
26 Feb 2021