Market Overview:
The global hemp-derived CBD market is expected to register a CAGR of 27.8% during the forecast period, 2018–2030. The market growth can be attributed to the increasing awareness about the benefits of CBD products and rising demand for CBD-based products for various applications. Based on type, the global hemp-derived CBD market is segmented into hemp-derived CBD distillate, hemp-derived CBD isolate, and hemp-derived CBD terpenes. The Hemp derived cbd distillate segment is expected to register highest CAGR during the forecast period owing to its high purity and potency as compared to other types of Hemp derived cbd products. Based on application, the global Hemp derived cbd market is segmented into personal care and cosmetics, food and beverages, nutraceuticals, others (including veterinary care). The personal care and cosmetics application segment is projected to account for highest share in terms of value in 2030 owing to increasing demand for natural ingredients in skin care formulations.
Product Definition:
Hemp-derived cannabidiol (CBD) is a cannabinoid found in the hemp plant. CBD oil is made by extracting CBD from the hemp plant and then diluting it with a carrier oil like coconut or olive oil.
Hemp-derived CBD Distillate:
Hemp-derived CBD distillate is a water-soluble dietary supplement derived from the cannabis plant. It's an extract of cannabidiol (CBD) that has been processed through various chemical and mechanical extraction processes to produce a pure form for human consumption.
Hemp-derived CBD Isolate:
Hemp-derived CBD Isolate is a pure form of Cannabidiol (CBD) with a minimum 99.5% concentration and has no other cannabinoids than Cannabidiol. It is extracted from the stalks of the cannabis plant using a solventless method without the use of harmful chemicals like hexane, which makes it suitable for human consumption as well as industrial purposes.
Application Insights:
The personal care and cosmetics application segment led the global market in 2017. The segment is projected to witness significant growth over the forecast period owing to rising awareness regarding various skin problems, aging effects, and other health issues. Furthermore, increasing demand for CBD-infused products for treating various medical conditions is expected to drive the product demand in this segment over the next eight years.
Hemp oil has a high content of essential fatty acids (Omega 3 & 6), proteins, vitamins (A & B6), minerals (calcium & magnesium), antioxidants; which have anti-inflammatory properties; therefore it is being used as an ingredient in cosmetic formulations worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 15% during the forecast period. Increasing awareness regarding CBD and its benefits, growing consumer preference for natural and organic products, increasing R&D activities by companies to develop novel products based on cannabidiol, and presence of major manufacturers in the region are some factors anticipated to drive regional demand during the forecast period.
Asia Pacific is expected to be one of fastest-growing regions owing to rising health consciousness among consumers coupled with government support for high-quality cannabidiol infused products. China was one of largest producers as well as consumers globally due to easy availability of raw materials coupled with low manufacturing cost compared with other countries in same industry; this trend is expected continue over next eight years which will benefit regional growth significantly. Moreover, increased focus on developing new cosmetics ingredients will also boost product demand further driving revenue from 2018 till 2030 time frame).
Growth Factors:
- Increasing awareness about the health benefits of CBD oil is driving the market growth.
- The legalization of hemp cultivation in many countries is providing a boost to the market growth.
- Rising demand for CBD oil from the pharmaceutical and nutraceutical industries is propelling market growth.
- Growing popularity of CBD products among consumers is contributing to market expansion.
- Technological advancements in extraction and purification processes are aiding in the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp-derived Cannabidiol Market Research Report
By Type
Hemp-derived CBD Distillate, Hemp-derived CBD Isolate, Hemp-derived CBD Terpenes
By Application
Personal Care and Cosmetics, Food and Beverages, Nutraceuticals, Others
By Companies
Elixinol, ENDOCA, HempMeds, Kazmira, CV Sciences, Inc., Isodiol International, Inc., CBD Life, CBD American Shaman, IRIE CBD, Bluebird Botanicals, True Blue, Groff North America Hemplex
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Hemp-derived Cannabidiol Market Report Segments:
The global Hemp-derived Cannabidiol market is segmented on the basis of:
Types
Hemp-derived CBD Distillate, Hemp-derived CBD Isolate, Hemp-derived CBD Terpenes
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
Personal Care and Cosmetics, Food and Beverages, Nutraceuticals, Others
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:
- Elixinol
- ENDOCA
- HempMeds
- Kazmira
- CV Sciences, Inc.
- Isodiol International, Inc.
- CBD Life
- CBD American Shaman
- IRIE CBD
- Bluebird Botanicals
- True Blue
- Groff North America Hemplex
Highlights of The Hemp-derived Cannabidiol 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:
- Hemp-derived CBD Distillate
- Hemp-derived CBD Isolate
- Hemp-derived CBD Terpenes
- By Application:
- Personal Care and Cosmetics
- Food and Beverages
- Nutraceuticals
- Others
- 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 Hemp-derived Cannabidiol 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?
Hemp-derived cannabidiol (CBD) is a natural constituent of the cannabis plant. It is one of more than 100 different chemical compounds in marijuana, and it has been shown to have properties that could be useful for treating a variety of medical conditions. CBD oil is available online and in some retail locations, but it's not legal in all states.
Some of the major players in the hemp-derived cannabidiol market are Elixinol, ENDOCA, HempMeds, Kazmira, CV Sciences, Inc., Isodiol International, Inc., CBD Life, CBD American Shaman, IRIE CBD, Bluebird Botanicals, True Blue, Groff North America Hemplex.
The hemp-derived cannabidiol market is expected to register a CAGR of 27.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hemp-derived Cannabidiol 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 Hemp-derived Cannabidiol Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hemp-derived Cannabidiol 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 Hemp-derived Cannabidiol 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 Hemp-derived Cannabidiol Market Size & Forecast, 2020-2028 4.5.1 Hemp-derived Cannabidiol Market Size and Y-o-Y Growth 4.5.2 Hemp-derived Cannabidiol Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hemp-derived CBD Distillate
5.2.2 Hemp-derived CBD Isolate
5.2.3 Hemp-derived CBD Terpenes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Personal Care and Cosmetics
6.2.2 Food and Beverages
6.2.3 Nutraceuticals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hemp-derived Cannabidiol 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 Hemp-derived Cannabidiol 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hemp-derived CBD Distillate
9.6.2 Hemp-derived CBD Isolate
9.6.3 Hemp-derived CBD Terpenes
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 Market Size Forecast by Applications
9.10.1 Personal Care and Cosmetics
9.10.2 Food and Beverages
9.10.3 Nutraceuticals
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hemp-derived CBD Distillate
10.6.2 Hemp-derived CBD Isolate
10.6.3 Hemp-derived CBD Terpenes
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 Market Size Forecast by Applications
10.10.1 Personal Care and Cosmetics
10.10.2 Food and Beverages
10.10.3 Nutraceuticals
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hemp-derived CBD Distillate
11.6.2 Hemp-derived CBD Isolate
11.6.3 Hemp-derived CBD Terpenes
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 Market Size Forecast by Applications
11.10.1 Personal Care and Cosmetics
11.10.2 Food and Beverages
11.10.3 Nutraceuticals
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hemp-derived CBD Distillate
12.6.2 Hemp-derived CBD Isolate
12.6.3 Hemp-derived CBD Terpenes
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 Market Size Forecast by Applications
12.10.1 Personal Care and Cosmetics
12.10.2 Food and Beverages
12.10.3 Nutraceuticals
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hemp-derived CBD Distillate
13.6.2 Hemp-derived CBD Isolate
13.6.3 Hemp-derived CBD Terpenes
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) Market Size Forecast by Applications
13.10.1 Personal Care and Cosmetics
13.10.2 Food and Beverages
13.10.3 Nutraceuticals
13.10.4 Others
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 Hemp-derived Cannabidiol Market: Competitive Dashboard
14.2 Global Hemp-derived Cannabidiol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elixinol
14.3.2 ENDOCA
14.3.3 HempMeds
14.3.4 Kazmira
14.3.5 CV Sciences, Inc.
14.3.6 Isodiol International, Inc.
14.3.7 CBD Life
14.3.8 CBD American Shaman
14.3.9 IRIE CBD
14.3.10 Bluebird Botanicals
14.3.11 True Blue
14.3.12 Groff North America Hemplex