The global sales of CBD oils are expected to total US$ 284.2 Mn in 2021. Future Market Insights (FMI) has projected the CBD oil market to grow at an exponential compound annual growth rate (CAGR) of 31.5%. Increasing use of CBD oil in production of animal feed and emerging scope for application in food and beverage industry are the key trends shaping CBD oil market.
The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the CBD Oil Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2030.
The team of researchers at Future Business Insights are focussing on research and market study to produce different CBD Oil Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the CBD Oil Market.
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Key Players
CV Sciences, Medical Marijuana, Aurora Cannabis, Canopy Growth Corporation, Canntrust, Tilray, and Kazmira LLC are the top companies operating in the market.
Segmentation
The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:
Product Type:
- Hemp Oil
- Marijuana Oil
Application:
- Pharmaceuticals
- Food & Beverages
- Gummies
- Chewing Gums
- Chocolate bars
- Candies
- Beverages
- Dairy Products
- Bakery Products
- Snacks
- Cosmetics
- Others
Distribution Channel:
- Direct/B2B
- Indirect/B2C
- Hospital Pharmacy
- Retail Pharmacy
- Hypermarkets/Supermarkets
- Convenience Store
- Online Retail
- Others
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
Queries Solved
- What is the size of the overall CBD Oil Market in the Food and Beverage Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the CBD Oil Market in the Food and Beverage Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the CBD Oil Market in the Food and Beverage Market?
- What is the CBD Oil Market in the Food and Beverage Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in CBD Oil Market in the Food and Beverage Market?
- What are the recent trends in CBD Oil Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the CBD Oil Market in the growth of the Food and Beverage Market?
- What are the key market trends impacting the growth of the CBD Oil Market in the Food and Beverage Market?
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Reasons to Buy the report
- The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
- We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
- Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.
About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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