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Cannabidiol (CBD) Market Trends 2021 | North America, Europe, & APAC Industry Forecasts 2027: Graphical Research

Prominent CBD manufacturers across the globe include Canopy Growth Corporation, Cronos Group, Medterra Tilray, CBD One Ltd, Formula Swiss AG, Green Brothers Switzerland SA, HemPoland sp. z o.o. MH medical hemp GmbH, ECOFIBRE, Bod Australia Ltd, MEDLAB CLINICAL, Aurora Cannabis, and CV Sciences, Inc.

June 02, 2021 06:00 ET | Source: Graphical Research Graphical Research

Pune, India, June 02, 2021 (GLOBE NEWSWIRE) —

The global cannabidiol market size is anticipated to expand at substantial CAGR during the forecast period as CBD is quite famous for treating large number of ailments like anxiety, chronic and neurological pains, sleep disorders, stress, and nausea.

Cannabidiol (CBD) offers a wide variety of therapeutic benefits to the user and is non-toxic in nature as well. Several governments across the world have now made the use of CBD legal in their countries because of its many uses that can help in the creation of new drugs, leading to medical advancements.

Some of the trends that will encourage the growth of global CBD market up to 2027 are listed below:

Cannabidiol oil will witness hike in demand in North America:

North America cannabidiol market is expected to surpass $61.2 billion in size by 2027. Based on product, this market is divided into oil, tinctures, transdermal patches, suppository, tablets, capsules, vape oil, isolates, creams, roll-ons, and many others. Out of these, the CBD oil segment is projected to grow rapidly during the forecast period of 2021-2027.

In fact, this segment dominated the market in 2019 and will continue to do so in the future as well. CBD oil is known to have several benefits for its users, especially for pain-related ailments. Cases of mental illness in North America are increasing every year. Mental health institutions are increasingly demanding CBD oil as it is quite famous for treating various mental illnesses like depression and anxiety, thereby positively influencing the substance demand.

Access sample pages of the report, “North America Cannabidiol (CBD) Market Forecasts 2027” in detail along with the table of contents (ToC) @

Chronic pain patients are the largest consumers of CBD in U.S.:

There are several applications of CBD like anxiety, chronic stress, depression, skin care, seizures, joint pain & inflammations, among others. Out of these, CBD will find increased application in the chronic pain segment through 2027, reaching a valuation of $20.6 billion by 2027 across North America, according to current market trends. CBD has several beneficial properties to relieve chronic pain and is a better alternative when compared to its counterpart, opioids.

CBD gives minimal side-effects from use and does not contain toxic elements. This has resulted in increased demand for CBD-derived medicines and products as a better alternative to conventional medicines, augmenting the market size in the U.S.

Online distribution of CBD to gain prominence in North America:

There are two primary distribution channels established to sell CBD in North America: online and offline channels. The offline distribution channels are further divided into pharmacies and retail stores. The offline distribution channel in the region is set to gain momentum through 2027 and will expand at 32.6% CAGR during this time.

One of the major reasons for this is that offline channels are more reliable as compared to their online counterparts. Customers prefer the offline channels to buy their medicines as it not only increases their confidence in their purchases, but they can personally inspect the product as well before buying it. Another important reason is that it is much easier for store owners to monitor CBD products, something that is not possible with online channels.

Favorable government regulations to foster Asia Pacific cannabidiol market:

CBD market in Asia Pacific is predicted to become worth more than $1.9 billion by 2027, according to market reports. CBD was not on the list of legal products in several countries across the region. But today, that scenario has drastically changed as countries like Japan, Australia and New Zealand have made favorable changes in their laws to make the use of CBD based products legal among their population.

The regulatory bodies of these countries have inspected the benefits of CBD-derived products on human body and have given their approval in this regard. For example, Australian authorities approved the use of a CBD-based product, Sativex in 2017 to treat spasticity caused by multiple sclerosis. This drug has won the approval of more than 28 countries, which is an indication of positive changes in the regulatory framework of these nations. All these factors will positively impact the demand for CBD in Asia Pacific.

Access sample pages of the report, “Asia Pacific Cannabidiol (CBD) Market Forecasts 2027” in detail along with the table of contents (ToC) @

CBD tinctures will witness upsurge in demand in Asia Pacific:

Out of the different CBD-derived products like oils, creams and tinctures, the CBD tincture segment is predicted to gain traction and is expected to grow at an incredible 36% CAGR through 2027 in APAC. This segment had the second-largest regional market share in 2020 with a valuation of more than $18.5 million. One of the main reasons for this is that this product has a longer shelf life as compared to its alternatives. It has a wide range of applications as well like treating anxiety, nausea, inflammation, and pain.

These tinctures are made with CBD strains taken from hemp plant and contain 60% to 70% alcohol content, prompting increased demand for them among end-users.

Creams and roll-ons will experience increased demand in Europe:

Total Europe CBD market is projected to go past $25.8 billion by 2027. Oils, tablets, creams & roll-ons, capsules, vape oil and many other products use CBD oil as the main ingredient. Out of these, the creams & roll-ons segment will witness robust growth during the mentioned timeline as there is a rising emphasis among consumers to use skincare products that contain CBD.

This ingredient is known to have many benefits for the skin and helps in improving its quality as well. A large percentage of the population in Europe is increasing their spending on various cosmetic and skincare products each year. While talking about the medicinal benefits of CBD, it has been proved that this product has anti-inflammatory properties, which is a must-have in all skincare and makeup products. All these will benefit the market companies in Europe.

Access sample pages of the report, “Europe Cannabidiol (CBD) Market Forecasts 2027” in detail along with the table of contents (ToC) @

Prevalence of mental disorders will stimulate Europe CBD consumption:

Anxiety, chronic stress, depression, migraines, skincare, inflammation, and many other areas are using CBD-based products for various purposes. But it is the anxiety & stress segment that will attract the most demand for this product in the coming years. This segment captured 22% of the total Europe market share in 2020 and is expected to grow further in the future.

The population in Europe is experiencing a worrying rise in the number of mental disorders like anxiety & stress, sleep disorders and depression. This has led to an increasing number of healthcare institutions to adopt CBD-based medications to treat these ailments. According to the World Health Organization, nearly 4.3% of the regional population has fallen prey to depression. All these aspects will promote the development of the market.

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Global CBD Oil Market 2020 | Trends, Development Status, Investment Opportunities, CAGR, Revenue, Demand and Forecast to 2024 | Technavio

LONDON–( BUSINESS WIRE )–The CBD oil market is poised to grow by USD 3.52 billion during 2020-2024 progressing at a CAGR of over 32% during the forecast period.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The report on the CBD oil market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the health benefits of CBD oil.

The CBD oil market analysis includes the product segment and geography landscape. This study identifies the growing legalization of cannabis-based products as one of the prime reasons driving the CBD oil market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

The CBD Oil Market Covers the following areas:

CBD Oil Market Sizing

CBD Oil Market Forecast

CBD Oil Market Analysis

Companies Mentioned

  • Aurora Cannabis Inc.
  • Canopy Growth Corp.
  • CBD American Shaman LLC
  • CV Sciences Inc.
  • Elixinol Global Ltd.
  • ENDOCA BV
  • Gaia Botanicals LLC
  • Isodiol International Inc.
  • Medical Marijuana Inc.
  • NuLeaf Naturals LLC.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Marijuana-derived CBD oil – Market size and forecast 2019-2024
  • Hemp-derived CBD oil – Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing legalization of cannabis-based products
  • Exponential online retail growth
  • Increasing frequency of mergers and acquisitions

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aurora Cannabis Inc.
  • Canopy Growth Corp.
  • CBD American Shaman LLC
  • CV Sciences Inc.
  • Elixinol Global Ltd.
  • ENDOCA BV
  • Gaia Botanicals LLC
  • Isodiol International Inc.
  • Medical Marijuana, Inc.
  • NuLeaf Naturals LLC

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

How To Sell CBD Online: A Guide to Buying, Selling, and Shipping CBD

If you’re interested in entering the fast-growing online CBD resale market, now is the time. By the end of 2020, the U.S. CBD industry is expected to pull in a record $4.7 billion in sales, according to research done by Brightfield Group. By 2025, estimates point to an industry worth $16.8 billion annually. The COVID-19 pandemic pushed 47% of CBD sales online in the second quarter of the year, as brick-and-mortar stores closed, and wary consumers chose to shop from home instead.

With an opportunity like this calling, it’s an exciting time to answer. In this post, we lay out the details of what it takes to buy, sell, and ship CBD online. We also explore the basics of how to sell CBD online, including how to get the right licenses, popular CBD products to sell, what to look for in a wholesaler, and how to explore opportunities with white labeling.

Federal and State Laws

As with any new product, government regulations are in a state of flux. From a federal regulatory standpoint, selling CBD is legal provided that the THC content of your products stays below 0.3%. You don’t currently need a license at the federal level to sell CBD.

Other laws vary from state to state. Some states do not allow the sale of CBD derived from marijuana plants. So to be on the safe side, stick with hemp-produced CBD products. Since each state has a unique set of regulations regarding CBD sales, check your state’s laws before you open up shop to make sure you’re complying.

Business and Reseller Licenses

Your first step is to establish your business as a legal entity in your state. In most cases, this can be done through the Secretary of State’s office. You’ll need to select the type of legal structure to operate your business under. There are a handful of choices, but the two most common are an LLC or S Corp. Some local governments also require a business license. Check if yours does, and if so, be sure to secure one before you get started. Lastly, many states require a reseller license if you’re buying wholesale.

Setting Up an Online Shop

With all of the licensing out of the way, you’re ready to set up an online CBD business. Step one is buying a domain name. GoDaddy is one of the largest domain registrars in the U.S., and their internet domain selector tool makes it easy to see what domain names are available for purchase.

Next comes setting up your e-commerce site. There are a number of vendors to choose from, but BigCommerce and Shopify are two of the most popular. Finally, you’ll need to select a payment processor. Many of the traditional payment processors like PayPal won’t allow CBD payments to be processed on their platforms. However, Shift Processing has a service specially designed for CBD vendors who sell CBD online.

Choosing the right CBD Products to Sell

CBD comes in a wide range of forms: tinctures, edibles, isolates, capsules, topicals, patches, and pet products, just to name a few. Choosing the right CBD products to sell online is important, especially if you’re going to be targeting a specific niche audience. Do some market research to figure out what type of CBD products appeal to the consumers you’ll be selling to.

Finding a Quality CBD Wholesaler

Partnering with a quality CBD wholesaler is essential. Before placing your first order, you’ll want to do some homework.

First, examine the quality of the products. Find out where they source their raw hemp. Is it produced domestically or in some other country? If in another country, what are their safety and quality regulations like? How do they extract the CBD from the hemp? There’s more than one method of extraction, but Co2 extraction results in some of the highest quality finished products. You should also ask to see a copy of the wholesaler’s Certification of Analysis (CoA). A quality producer will hire a third-party testing company to analyze their products and produce a CoA that details the levels of CBD, THC, and other compounds found in the product.

Next, look at the CBD wholesaler’s product offerings and pricing. Do they carry a wide enough range of dosage levels and product choices? Being able to offer a wide range of options to your customers can supercharge your efforts to sell CBD online. What is their pricing structure? Do they have a minimum order? Do they have a reputation for being easy to work with, efficient, and fair? If you’re interested in white labeling, are they set up for that?

Benefits of Selling White Label CBD Products

White labeling gives you an opportunity to take your CBD online business to the next level. With white labeling, you create your own brand and product names, product labels and packaging, and marketing. White labeling can set you apart from other CBD online sellers, offering the potential for higher profits and greater control over the branding.

Options for Shipping Your CBD Products

When it comes to fulfilling orders sold on your CBD online marketplace, you have three main options. First is in-house order fulfillment. That means you’re packaging and shipping the products yourself. While that may work when you’re just starting out, you’re likely to need some help as your online CBD business grows.

The second option is dropshipping. Some CBD wholesalers will package and mail your orders for you directly from their warehouse. And the last method is third-party fulfillment. This is the most expensive option but by far the most convenient. A third-party fulfillment company warehouses, packs, and ships your products for you. Many of these companies offer handy add-on services like handling customer returns and customer service requests.

The Time is Ripe for Selling CBD Online

Now is an exciting time to be entering into the online CBD marketplace. As demand continues to grow and consumers steadily shift their buying habits to online sources, the potential for growth in the CBD industry is tremendous. By investing the time to set up your online CBD business the right way today, you’ll be well-positioned to take advantage of this emerging market for years to come.