Europe Cannabidiol (CBD) gummies market Analysis, Measurable, Insight, & Scope for Expand to Latest Development , Challenges, Scenario 2029
Europe
cannabidiol (CBD) market is expected to gain market growth in the forecast
period of 2022 to 2029. Data Bridge Market Research analyses that the market is
growing with a CAGR of 26.7% in the forecast period of 2022 to 2029.
Technological advancements in cannabidiol (CBD) drug treatments, rise in the
healthcare sector are another factors drive growth of the Europe cannabidiol
(CBD) market in the forecast period. Cannabidiol (CBD) is a chemical
compound that is found in the cannabis sativa plant, and is extracted from hemp
or cannabis, generally from hemp due to its naturally high cannabidiol (CBD)
content. It has several benefits in treating anxiety and seizures and reducing
pain. Due to its healing properties, the demand for CBD for health and wellness
purposes is high, which is the major factor driving the market. Out of all
cannabinoids, cannabidiol is most widely used for therapeutic reasons due to
the lack of psychoactive effects. In many medical applications, cannabidiol oil
is used, such as anxiety and depression treatment, stress relief, diabetes
prevention, pain relief, cancer symptom relief, and inflammation. Due to the
increasing adoption of CBD-based products to treat ailments, the Europe market
is anticipated to grow at a lucrative rate over the forecast period.
Cannabidiol oil is increasingly being used to make skincare products to treat
acne and wrinkles. Sephora, for example, had recently introduced cannabidiol or CBD skincare line to its stores. Similarly, Ulta Beauty is intending
to launch a cannabidiol-based product line. Several new companies are also
entering the market for cannabidiol-infused cosmetic products.
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The
primary factor influencing the market is the increased demand for CBD for
health and wellness reasons because of its therapeutic characteristics. A
significant element anticipated to increase the manufacture of CBD-infused
goods is the increased acceptability and utilization of products due to
regulatory approvals. Customers look for nutrient-rich, innovative, and healthy
packaged foods to achieve their exercise objectives and stay away from problems
like inflammation and discomfort. Products enriched with cutting-edge
chemicals, including CBD oil, are being introduced by the makers. Cannabis's
non-psychoactive and legal component, cannabidiol, has taken over a number of
businesses, including food, health products, pharma, and cosmetics.
Europe cannabidiol (CBD) market is segmented on the basis
source, grade, application, product type, nature. The growth among segments
helps you analyze niche pockets of growth and strategies to approach the market
and determine your core application areas and the Difference in your target markets.
BY SOURCE
- HEMP
- MARIJUANA
On the basis of source, the Europe cannabidiol
(CBD) market is segmented into hemp and marijuana.
BY PRODUCT TYPE
- CBD OIL
- CBD ISOLATES
- CBD CONCENTRATES
- OTHERS
On the basis of product type, the Europe
cannabidiol (CBD) market is segmented into CBD oil, CBD concentrates, CBD
isolates and others
BY NATURE
- ORGANIC
- INORGANIC
On the basis of nature, the Europe cannabidiol
(CBD) market is segmented into organic and inorganic.
BY GRADE
- FOOD GRADE
- THERAPEUTIC GRADE
On the basis of grade, the Europe cannabidiol (CBD)
market is segmented into food grade and therapeutics grade.
BY APPLICATION
- Tincture
- Food
- Beverages
- Pharmaceutical
- Topicals
- Dietary supplements
- Others
Highlight of Table of Content:
§
Chapter 1: Market overview
§
Chapter 2: Europe Cannabidiol Market
analysis
§
Chapter 3: Regional analysis of the Europe Cannabidiol Market
§
Chapter 4: Market segmentation based on types and
applications
§
Chapter 5: Revenue analysis based on types and
applications
§
Chapter 6: Market share
§
Chapter 7: Competitive Landscape
§
Chapter 8: Drivers, Restraints, Challenges, and
Opportunities
§
Chapter 9: Gross Margin and Price Analysis
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The
major companies which are dealing in the cannabidiol (CBD) market are CV
Sciences, Inc., VIVO Cannabis Inc., Gaia Herbs Hemp, Phoena Holdings Inc.,
Medical Marijuana, Inc., The Cronos Group, CHARLOTTE’S WEB, HEXO Corp., Aurora
Cannabis, Canopy Growth Corporation, Jazz Pharmaceuticals, Inc., Tilray,
Curaleaf, KAZMIRA, Freedom Leaf, Inc., Koi CBD, Groff North America Hemplex,
Joy Organics, Elixinol Wellness Limited, Isodiol International Inc., Healthy
Food Ingredients, LLC, NuLeaf Naturals, LLC, Diamond CBD, Medterra CBD, ENDOCA,
Green Roads among others.
Profound
Questions Answered in this Report:
·
What is
the growth rate of various stages in the value chain of the industry?
·
Which
region has the highest growth rate and size of the emerging market by value in
2021?
·
Who are
the competitive players in Europe Cannabidiol Market?
·
Which
region has the largest share and degree of competition in the industry?
·
What is
the CAGR of the market during the forecast period 2021 to 2027?
·
Which
region is expected to hold the highest market share for the market?
·
What is
the main driver of the Europe Cannabidiol Market?
·
What is
sales volume, revenue, and price analysis of top players of the market?
·
What are
the market opportunities and threats faced by the vendors in the industry?
·
What has
been the impact of COVID-19 on Europe Cannabidiol Market?
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