Market Overview:
The Global Hemp Source CBD Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for CBD products owing to their various health benefits. Additionally, the legalization of hemp-derived CBD products in various countries is also propelling the market growth. The global hemp source CBD market by type is segmented into hemp-derived CBD distillate, hemp-derived CBD isolate, and hemp-derived CBD terpenes. The distillate segment is projected to hold a major share of the global market during the forecast period owing to its high purity and potency. The isolate segment is projected to grow at a higher CAGR than other segments during the forecast period as it offers several benefits such as flavorless and odorless properties, which makes it suitable for use in food and beverage applications. On basis of application, personal care & cosmetics held a dominant share of over 50% in 2017 due its growing popularity among consumers for its anti-aging properties. Food & beverages was another key application area with significant demand for hemp source cbd across regions including North America and Europe due increased adoption by consumers seeking healthy alternatives over conventional food items.
Product Definition:
Hemp Source CBD is a cannabinoid extract from hemp. Hemp has been used for thousands of years to make fiber, paper, clothing, and food. Hemp oil has high levels of CBD and very low levels of THC.
Hemp-derived CBD Distillate:
Hemp-derived CBD distillate is a liquid that contains less than 15% THC and is legal to buy in all 50 states. It's extracted from hemp seeds, which are high in protein, omega-3 fatty acids, amino acids and other nutritional components. The extraction process involves supercritical fluid CO2 extraction with the help of a rotary evaporation system.
The end product has an aroma similar to fresh marijuana.
Hemp-derived CBD Isolate:
Hemp-derived CBD Isolate is a pure form of cannabidiol that has been isolated from the cannabis plant. It’s the most popular and well-known cannabinoid due to its high potency and effectiveness in treating various health disorders. Hemp-derived CBD Isolate can be consumed directly as a dietary supplement or mixed with other oils to make edibles, tinctures, topicals, or even isolates for vaporization.
Application Insights:
Personal care and cosmetics was the largest segment in 2016, accounting for more than 50.0% share of the global revenue. The segment is expected to witness significant growth on account of rising consumer awareness regarding health and wellness issues coupled with increasing product demand in this sector over the forecast period.
The personal care products include skincare creams, lotions, bath oils/gels/soaps etc., whereas cosmetics include haircare products such as shampoos and conditioners among others. Increasing use of CBD-infused personal care products to treat various skin conditions including acne & psoriasis is projected to propel industry expansion over the coming years. Moreover, favorable government regulations pertaining to medical marijuana are anticipated to augment market penetration further driving it towards higher growth rates during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of hemp-based CBD manufacturers and suppliers coupled with growing consumer awareness about its benefits. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities by various companies for developing innovative products based on cannabidiol. Moreover, new companies are entering this industry in order to meet rising demand from consumers, which will drive growth further.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness among people regarding health benefits associated with CBD oil derived from cannabis plant such as reduced anxiety and stress, improved sleep patterns, etc. This has led many countries in Asia Pacific region including Japan and Australia have started legalizing marijuana use for medical as well as recreational purposes paving way for cannabidiol product sales across these nations.
Growth Factors:
- Increasing awareness of the benefits of CBD oil for humans and animals
- Growing demand from consumers for natural and organic products
- The increasing popularity of CBD-infused products among celebrities and other influencers
- The legalization of hemp cultivation in more states, which will lead to lower prices and increased availability of CBD oil
- Continued research on the potential health benefits of CBD oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp Source CBD 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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Hemp Source CBD Market Report Segments:
The global Hemp Source CBD 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 Source CBD 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 Source CBD 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 Source CBD is a brand that sells CBD products. These products are made from industrial hemp, which is a type of cannabis plant.
Some of the key players operating in the hemp source cbd 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.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hemp Source CBD 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 Source CBD Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hemp Source CBD 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 Source CBD 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 Source CBD Market Size & Forecast, 2020-2028
4.5.1 Hemp Source CBD Market Size and Y-o-Y Growth
4.5.2 Hemp Source CBD 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 Source CBD 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 Source CBD 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 Source CBD Market: Competitive Dashboard
14.2 Global Hemp Source CBD 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
