The Cannabidiol Global Market Report 2023, provides comprehensive information on the cannabidiol market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Cannabidiol Global Market Report 2023, the market size grew from $6.82 billion in 2022 to $9.4 billion in 2023 at a compound annual growth rate (CAGR) of 37.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the cannabidiol is expected to grow to $31.85 billion in 2027 at a CAGR of 35.7%.

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The cannabidiol market is segmented:
1) By Product: Oil, Tinctures, Suppository, Transdermal Patches, Vape Oil, Isolates, Creams and Roll-on, Capsules, Tablet, Other Products
2) By Source: Marijuana, Hemp
3) By Treatment: CBD Oil, Supplements
4) By Application: Medical, Personal Use, Pharmaceuticals, Wellness
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Stores, Other Distribution Channels

North America was the largest region in the cannabidiol market in 2022.

The table of contents in TBRC’s cannabidiol market report includes:
1. Executive Summary
2. Cannabidiol Market Characteristics
3. Cannabidiol Market Trends And Strategies
4. Cannabidiol Market – Macro Economic Scenario
5. Cannabidiol Market Size And Growth
…..
26. Africa Cannabidiol Market
27. Cannabidiol Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cannabidiol Market
29. Cannabidiol Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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