12-August-2022

CBD Oil Market 2022-2026: Aurora Cannabis Inc., BIOTA Biosciences LLC are Among the Major Market Vendors

The CBD oil market share is expected to grow up to USD 3.97 billion, accelerating at a CAGR of 26.43% during the forecast period. The growing legalization of cannabis-based products is one of the major CBD oil market trends that is expected to have a positive impact in the coming years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.


CBD Oil Market Analysis Report: View the Free Sample Report


CBD Oil Market 2022-2026: Aurora Cannabis Inc., BIOTA Biosciences LLC are Among the Major Market Vendors

CBD Oil Market: Key Trends to impact market growth

The CBD oil market growth is attributed to the growing legalization of cannabis-based products during the forecast period. The legalization of marijuana is influencing many nations to decriminalize cannabis and legalize the use of marijuana for recreational and medicinal purposes. Technavio's research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

CBD Oil Market: Top Drivers to Boost Demand

The growing millennial population in key cannabis markets is one of the primary factors driving the growth of the CBD oil market. However, the adverse effects of CBD oil products will be a major challenge for the CBD oil market growth during the forecast period. The report provides a detailed study of all the factors that are likely to boost the CBD oil market size. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

CBD Oil Market: Vendor Landscape

The market is fragmented due to the presence of several players. Some of the major CBD oil market vendors are:

  • Aurora Cannabis Inc.
  • BIOTA Biosciences LLC
  • CannazALL
  • Canopy Growth Corp.
  • CBD American Shaman LLC
  • CV Sciences Inc.
  • Elixinol Wellness Ltd.
  • Endoca BV
  • Folium Biosciences
  • Gaia Botanics
  • Green Roads of Florida LLC
  • Happie Hemp Pvt. Ltd.
  • Isodiol International Inc.
  • Kazmira LLC
  • Leafly Holdings Inc.
  • Medical Marijuana Inc.
  • NuLeaf Naturals LLC
  • Pharmahemp
  • Silver Shadow Ventures LLC
  • Tilray Inc.

The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities.

For more insights on this market: Download the Free PDF Sample Report

CBD Oil Market: Key Highlights of the Report for 2022-2026

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive CBD oil market growth during the next five years
  • Precise estimation of the CBD oil market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the CBD oil market industry across North America, South America, Europe, APAC, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of CBD oil market vendors

 

Read More Read Less
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>