According to the latest report from the IMARC Group, entitled “CBD oil market in Europe: Industry trends, share, size, growth, opportunity and forecast 2021-2026,The European CBD oil market is expected to grow at a CAGR of around 23% during 2021-2026
Cannabidiol (CBD) refers to a non-psychoactive compound obtained from the leaves, resins, and flowers of the marijuana or hemp plant. To produce CBD oil, cannabidiol is extracted from the cannabis plant and diluted with a carrier oil, such as coconut oil. CBD oil is high in iron, amino acids, fiber, zinc and more. Consequently, it is widely used to improve heart health, relieve cancer-related symptoms, relieve pain, and treat various ailments, such as arthritis, diabetes, glaucoma, epilepsy, multiple sclerosis, and so on.
Base year: 2020
Forecast year: 2021-2026
Like the novel coronavirus (COVID-19) The crisis is taking over the world, we are constantly following the changes in the markets, as well as the behavior of the global consumer industry and our estimates of the latest market trends and forecasts are made after considering the impact of this pandemic.
CBD European Oil Market Trends:
The expansion of the pharmaceutical industry and the widespread adoption of bioactive ingredients in the manufacture of drugs are mainly driving the European CBD oil market. In addition, the increasing prevalence of various neurological and psychiatric disorders is increasing the use of the product to minimize anxiety, reduce stress levels, improve seizures, etc., which is further catalyzing growth. of the market. In addition, the increasing demand for CBD oil infusion supplements in the treatment of cancer to alleviate the adverse health effects of chemotherapy, such as nausea, insomnia, inflammation, weight loss , etc., is acting as another important factor inducing growth. In addition, the increasing use of CBD oil in personal care items, due to its antioxidant, anti-aging and anti-inflammatory properties, is also positively influencing the regional market. In addition, the growing number of medical cannabidiol dispensers supplying variants of products for therapeutic use on the recommendation of a licensed healthcare professional is expected to feed the European CBD oil market over the planned period.
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Analysis and segmentation of the European oil market CBD 2021-2026:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Aurora Cannabis, Diamond CBD Inc., ENDOCA, APHRIA Inc., ConnOils LLC, Elixinol Global Limited, Emblem CANNABIS, NuLeaf Naturals, LLC, CBD Ultra Limited and The Original Alternative Limited.
The report segmented the market by country, source, product type, product category, application, and distribution channel.
Separation by source:
- The marijuana base
Break for Product Type:
Break for Product Category:
Break for Application:
- Food and Beverage
- Personal care
- Health care
Break for Distribution channel:
Division by countries:
- United Kingdom
- Rest of Europe
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Key aspects of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Analysis of the five forces of Porter
- Success factors and market drivers
- SWOT analysis
- Value chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of your personalization.
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