NEW YORK, March 10, 2022 /PRNewswire/ -- The "CBD Market by Geography (North America, Europe, APAC, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 53% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for cannabidiol in North America. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising number of countries decriminalizing and legalizing CBD products will facilitate the cannabidiol market growth in North America over the forecast period
The potential growth difference for the CBD market between 2020 and 2025 is USD 29.91 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The rising popularity of CBD oil and the rising number of countries decriminalizing and legalizing CBD products are some of the key market drivers. However, factors such as the high cost of CBD products will challenge market growth. The holistic analysis of the drivers & challenges will help in predicting end goals and refining marketing strategies to gain a competitive edge. The cannabidiol market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on market growth.
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Market Segmentation Analysis:
The CBD market report is segmented by source (marijuana and hemp) and geography (North America, Europe, APAC, South America, and MEA). The cannabidiol market share growth by the marijuana segment has been significant for revenue generation. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the CBD market size.
View our sample report for additional insights into the contribution of all the segments
Some Companies Mentioned with their Offerings
The CBD market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
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The marijuana market has the potential to grow by USD 28.72 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 22.54%. Download a free sample now!
The nicotine gum market share is expected to increase by USD 1.01 billion from 2020 to 2025, at a CAGR of 4.43%. Download a free sample now!
CBD Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 26.93%
Market growth 2021-2025
USD 29.91 billion
YoY growth (%)
Performing market contribution
North America at 53%
Leading companies, competitive strategies, consumer engagement scope
Aurora Cannabis Inc. , Cannoid LLC, Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol, Endoca BV, Gaia Botanicals LLC, Isodiol International Inc., and NuLeaf Naturals LLC
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Source
Comparison by Source
Marijuana - Market size and forecast 2020-2025
Hemp - Market size and forecast 2020-2025
Market opportunity by Source
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Aurora Cannabis Inc.
Canopy Growth Corp.
CBD American Shaman LLC
CV Sciences Inc.
Gaia Botanicals LLC
Isodiol International Inc.
NuLeaf Naturals LLC
Scope of the report
Currency conversion rates for US$
List of abbreviations
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