Market Overview:
The global CBD extraction equipment market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for CBD products, technological advancements in extraction equipment, and growing awareness about the benefits of CBD products. The global CBD extraction equipment market can be segmented on the basis of type into hydrocarbon extraction, CO2 extraction systems, and ethanol extraction. The hydrocarbon extraction segment is expected to dominate the global CBD Extraction Equipment Market during the forecast period owing to its low cost and easy operability as compared to other types of extractors. However, CO2 Extraction Systems are gaining popularity due their ability produce high-quality extracts with little or no residual solvent levels. On the basis of application,the market can be divided into laboratory use and production factory use.
Product Definition:
CBD Extraction Equipment is used to extract CBD oil from cannabis plants. The importance of CBD Extraction Equipment is that it allows for the production of high-quality CBD oil that can be used for medicinal purposes.
Hydrocarbon Extraction:
Hydrocarbon extraction is a process used to derive hydrocarbons from organic compounds. Hydrocarbon is generally found in the form of crude oil or natural gas. The most common way to extract hydrocarbons is through a separation process known as fractionation where the heavier components are separated and vented into the atmosphere while lighter components are collected in a liquid form that can be further processed using other techniques such as distillation or catalytic cracking.
CO2 Extraction Systems:
CO2 extraction systems are used to extract oil from hemp and other cannabis based materials. The extracted oil is then further processed using CBD extraction equipment. CO2 extraction system works by supercritical fluid CO2 which is passed through the material to be extracted in a vessel where the pressure can be controlled or increased as per requirement.
The main components of a CO2 Extraction System include Extractor, Condenser, Expansion valve, Pressure controller.
Application Insights:
The production factory application segment led the global CBD extraction equipment market in 2017. The segment is projected to expand further over the coming years owing to rising industrialization and commercialization of cannabis products. Production factories are primarily located in western countries such as U.S., Canada, Germany, France and UK where hemp cultivation is legal but still under prohibition era laws.
In these countries, production of CBD oil from marijuana plants has become a major industry due to growing consumer awareness regarding benefits of using natural plant-based medicines for various health conditions instead of synthetic drugs manufactured by pharmaceutical companies with no or minimal medicinal value added on top. These factors are expected to drive demand for high-quality CBD extraction equipment produced by reliable manufacturers at competitive prices across North America, Europe, Asia Pacific and Middle East & Africa regions over the forecast period thereby contributing toward significant growth of overall market during the study period.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of prominent companies such as Honeywell International Inc.; Emerson Electric Co.; and Thermo Fisher Scientific, Inc. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities by various companies for development of advanced products. Moreover, rising awareness regarding CBD oil among consumers is anticipated to fuel product demand in North America during the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing high growth rate in economies such as China and India along with other Southeast Asian countries. Increasing number of manufacturers coupled with rapid industrialization has led Asia Pacific into becoming a global leader in manufacturing hemp and cannabis based products including oils, resins, fibers & fabrics etc.
Growth Factors:
- Increasing demand for CBD oil from the pharmaceutical and nutraceutical industries is expected to drive the growth of the CBD extraction equipment market.
- The legalization of cannabis in various countries is anticipated to create new opportunities for the CBD extraction equipment market.
- Growing awareness about the benefits of CBD is projected to boost demand for CBD extraction equipment products over the forecast period.
- Rising investments in research and development activities for novel applications of CBD are expected to propel growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
CBD Extraction Equipment Market Research Report
By Type
Hydrocarbon Extraction, CO2 Extraction Systems, Ethanol Extraction
By Application
Laboratory, Production Factory
By Companies
Pure Extraction, Isolate Extraction, Vitalis Extraction, Accudyne Systems, Joda Technology, Taiwan Supercritical, Apeks Supercritical, Eden Labs, Extrakt Lab, WATERS, MRX Xtractors, Precision Extraction
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global CBD Extraction Equipment Market Report Segments:
The global CBD Extraction Equipment market is segmented on the basis of:
Types
Hydrocarbon Extraction, CO2 Extraction Systems, Ethanol Extraction
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Laboratory, Production Factory
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pure Extraction
- Isolate Extraction
- Vitalis Extraction
- Accudyne Systems
- Joda Technology
- Taiwan Supercritical
- Apeks Supercritical
- Eden Labs
- Extrakt Lab
- WATERS
- MRX Xtractors
- Precision Extraction
Highlights of The CBD Extraction Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrocarbon Extraction
- CO2 Extraction Systems
- Ethanol Extraction
- By Application:
- Laboratory
- Production Factory
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CBD Extraction Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CBD extraction equipment is used to extract CBD from hemp or cannabis plants. This equipment includes a device that uses heat and pressure to break down the cannabinoids into their component molecules.
Some of the key players operating in the cbd extraction equipment market are Pure Extraction, Isolate Extraction, Vitalis Extraction, Accudyne Systems, Joda Technology, Taiwan Supercritical, Apeks Supercritical, Eden Labs, Extrakt Lab, WATERS, MRX Xtractors, Precision Extraction.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CBD Extraction Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CBD Extraction Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CBD Extraction Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CBD Extraction Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CBD Extraction Equipment Market Size & Forecast, 2018-2028
4.5.1 CBD Extraction Equipment Market Size and Y-o-Y Growth
4.5.2 CBD Extraction Equipment Market Absolute $ Opportunity
Chapter 5 Global CBD Extraction Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 CBD Extraction Equipment Market Size Forecast by Type
5.2.1 Hydrocarbon Extraction
5.2.2 CO2 Extraction Systems
5.2.3 Ethanol Extraction
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global CBD Extraction Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 CBD Extraction Equipment Market Size Forecast by Applications
6.2.1 Laboratory
6.2.2 Production Factory
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CBD Extraction Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CBD Extraction Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America CBD Extraction Equipment Analysis and Forecast
9.1 Introduction
9.2 North America CBD Extraction Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America CBD Extraction Equipment Market Size Forecast by Type
9.6.1 Hydrocarbon Extraction
9.6.2 CO2 Extraction Systems
9.6.3 Ethanol Extraction
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America CBD Extraction Equipment Market Size Forecast by Applications
9.10.1 Laboratory
9.10.2 Production Factory
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe CBD Extraction Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe CBD Extraction Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe CBD Extraction Equipment Market Size Forecast by Type
10.6.1 Hydrocarbon Extraction
10.6.2 CO2 Extraction Systems
10.6.3 Ethanol Extraction
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe CBD Extraction Equipment Market Size Forecast by Applications
10.10.1 Laboratory
10.10.2 Production Factory
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific CBD Extraction Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific CBD Extraction Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific CBD Extraction Equipment Market Size Forecast by Type
11.6.1 Hydrocarbon Extraction
11.6.2 CO2 Extraction Systems
11.6.3 Ethanol Extraction
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific CBD Extraction Equipment Market Size Forecast by Applications
11.10.1 Laboratory
11.10.2 Production Factory
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America CBD Extraction Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America CBD Extraction Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America CBD Extraction Equipment Market Size Forecast by Type
12.6.1 Hydrocarbon Extraction
12.6.2 CO2 Extraction Systems
12.6.3 Ethanol Extraction
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America CBD Extraction Equipment Market Size Forecast by Applications
12.10.1 Laboratory
12.10.2 Production Factory
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) CBD Extraction Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) CBD Extraction Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) CBD Extraction Equipment Market Size Forecast by Type
13.6.1 Hydrocarbon Extraction
13.6.2 CO2 Extraction Systems
13.6.3 Ethanol Extraction
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) CBD Extraction Equipment Market Size Forecast by Applications
13.10.1 Laboratory
13.10.2 Production Factory
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CBD Extraction Equipment Market: Competitive Dashboard
14.2 Global CBD Extraction Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pure Extraction
14.3.2 Isolate Extraction
14.3.3 Vitalis Extraction
14.3.4 Accudyne Systems
14.3.5 Joda Technology
14.3.6 Taiwan Supercritical
14.3.7 Apeks Supercritical
14.3.8 Eden Labs
14.3.9 Extrakt Lab
14.3.10 WATERS
14.3.11 MRX Xtractors
14.3.12 Precision Extraction
