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Cannabidiol (CBD) Market Share

  • Report ID: GMI4541
  • Published Date: Apr 2022
  • Report Format: PDF

Cannabidiol Market Share

Major market players operating in the global cannabidiol (CBD) industry include :

  • Aurora Cannabis
  • Canopy Growth Corporation
  • Cronos Group
  • CV Sciences, Inc
  • Medterra
  • Tilray

few other players.

These industry players are noted to adopt organic and inorganic strategies such as merger, acquisition, new product launch, etc. in order to capture high revenue share in the cannabidiol (CBD) market. These strategies will enhance their market presence and as well as gain competitive advantage in the business.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global CBD market size was valued at $12.8 billion in 2021 and is estimated to register 21.7% CAGR during the forecast period of 2022-2028.

The CBD oil segment revenue crossed $3.1 billion in 2021 as the product offers many pain-relieving benefits to people suffering from chronic disorders, such as arthritis and cancer.

The chronic pain application segment is predicted to surpass $18.7 billion in the global CBD market by 2028 as the product can relieve severe pain due to its antioxidant and anti-inflammatory properties.

North America CBD market share reached $7.7 billion in 2021 as governments are introducing supportive policies to legalize the use of these products, thereby giving patients the confidence to try alternative treatments.

Cannabidiol Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 17
  • Tables & Figures: 393
  • Countries covered: 19
  • Pages: 290
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