CBD Oil Extract Market Will Hit Big Revenues In Future | Canopy Growth Corporation ,Aphria Inc ,Aurora Cannabis
Research Reports
Nov 06, 2021
The CBD Oil Extract Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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Cannabidiol (CBD) is one of the hundreds of cannabinoids that are found in the cannabis plant. This is a naturally occurring substance, can be extracted & mixed with a carrier oil, often hemp seed or coconut, to create CBD oil. As the government is focusing on legalizing the medicinal and recreational use of cannabis number of players are focusing on taking advantage of the emerging market. In this growing industry, market players are using several established scientific cannabis extraction techniques to isolate the desired cannabis components. All extraction methodologies for cannabis extraction yield an oil once the solvent has been removed. Moreover, rising awareness about medicinal applications of cannabis expected to drive the market demand during the forecasted period.
In September 2019, Flower One a leading cannabis cultivator, innovator, and producer officially announced the launch of Nevada’s largest cannabis production and extraction facility. The new lab is designed for the production of full-spectrum oils, cannabis-derived terpenes, distillate, concentrates, and other cannabis products.
Major Players are:
Canopy Growth Corporation (Canada),Aphria Inc (Canada),Aurora Cannabis (Canada),MARICANN INC (Canada),Tilray (Canada),GW Pharmaceuticals plc (United Kingdom),Tikun Olam (Israel),The Cronos Group (Canada),Kazmira (United States),FOLIUM BIOSCIENCES (United States)
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Application (Medical, Personal Use, Pharmaceutical, Wellness), Source (Hemp, Marijuana)
Market Trends:
Increasing Legalization of Cannabis-Based Products
Technological Advancement in Cannabis Extraction Technologies
Market Drivers:
Increasing Medicinal Application of Cannabis
Growing Government Focus on Legalization of Cannabis
Challenges:
Stringent Government Regulations for the Usage of Cannabis
Opportunities:
Emphasizing On Product Development via New Product Delivery Solutions and R&D
Increasing Demand for Medical Grade Cannabis
Years considered for this report:
- Historical Years: 2015-2020
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2021-2026
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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global CBD Oil Extract Market
Chapter 05 – Global CBD Oil Extract Market – Pricing Analysis
Chapter 06 – Global CBD Oil Extract Market Background
Chapter 07 — Global CBD Oil Extract Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global CBD Oil Extract Market
Chapter 09 – Global CBD Oil Extract Market Structure Analysis
Chapter 10 – Global CBD Oil Extract Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
What are the market factors that are explained in the CBD Oil Extract Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
- How much is the CBD Oil Extract MarketWorth?
- What is the Growth Rate of the CBD Oil Extract Market?
- Which Segment ofthe CBD Oil Extract to Hold the Highest Market Share?
- Which Segment ofthe CBD Oil Extract Market to Witness Fastest Growth Rate?
- Which Region to Hold the Biggest Market Share?
- Who are the Key Players of the CBD Oil Extract Market?
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