Hemp-Derived Cannabidiol Market, Size, Share Trends, Growth Opportunities and Competitive Outlook
Global hemp-derived cannabidiol market size was valued at USD 206.85 million in 2023 and is projected to reach USD 360.76 million by 2031, with a CAGR of 7.20% during the forecast period of 2024 to 2031.

"Global Hemp-Derived Cannabidiol Market' - Overview, Size, Share, Industry Trends and Opportunities

Global Hemp-Derived Cannabidiol Market, By Type (Hemp Fiber, Hemp Seed, Hemp Seed Oil, CBD Hemp Oil), Product Type (Hemp-derived CBD Distillate, Hemp-derived CBD Isolate, Hemp-derived CBD Terpenes, Others), Application (Nutraceuticals, Atopic Dermatitis, Seizure, Anxiety, High Cholesterol, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) – Industry Trends and Forecast to 2031.

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**Segments**

- By Product Type:
- CBD Oil
- Tinctures
- Capsules
- Topicals
- Others

- By Distribution Channel:
- Offline
- Online

- By End-Use:
- Personal Care & Cosmetics
- Food & Beverage
- Pharmaceuticals
- Nutraceuticals
- Others

The global hemp-derived cannabidiol market is segmented based on product type, distribution channel, and end-use. In terms of product type, CBD oil holds a significant share in the market due to its versatility and ease of consumption. Tinctures and capsules are also gaining traction among consumers looking for precise and convenient dosing options. The topicals segment is seeing growth due to the increasing demand for CBD-infused skincare products. In terms of distribution channels, both offline and online channels play a crucial role in reaching a wide consumer base. The online segment is witnessing rapid growth due to the convenience and extensive product range available on e-commerce platforms. When it comes to end-use, the personal care & cosmetics segment is experiencing high demand for CBD-infused beauty products, while the pharmaceutical and nutraceutical segments are also driving market growth with the rising awareness of the potential health benefits of CBD.

**Market Players**

- Canopy Growth Corporation
- Aurora Cannabis
- CBD American Shaman
- CV Sciences, Inc.
- ENDOCA
- Elixinol Global
- Isodiol International Inc.
- Kazmira
- Medical Marijuana, Inc.
- Pharmahemp
- Gaia Botanicals, LLC
- Freedom Leaf, Inc.

Key market players in the global hemp-derived cannabidiol market include industry leaders such as Canopy Growth Corporation, Aurora Cannabis, and CV Sciences, Inc. These companies have a strong market presence and offer a wide range of CBD products catering to different consumer preferences. Emerging players like CBD American Shaman and Isodiol International Inc.The global hemp-derived cannabidiol market is witnessing intense competition among key players as well as a surge in new entrants aiming to capitalize on the growing demand for CBD products. Canopy Growth Corporation, a Canadian cannabis company, has established itself as a market leader with a diverse product portfolio that includes CBD oils, tinctures, and topicals. Aurora Cannabis, another major player, has been expanding its presence in the CBD market through strategic partnerships and acquisitions. CV Sciences, Inc., a prominent name in the industry, specializes in hemp-derived CBD products targeting both the consumer and pharmaceutical markets.

CBD American Shaman and Isodiol International Inc. are among the emerging players in the market that are gaining attention for their innovative approaches and unique product offerings. CBD American Shaman, a franchise-based company, has been rapidly expanding its retail footprint and is known for its high-quality, organic CBD products. Isodiol International Inc., on the other hand, focuses on pharmaceutical-grade CBD products and has built a strong distribution network to reach a global customer base.

Other notable players in the hemp-derived cannabidiol market include ENDOCA, Elixinol Global, and Kazmira, each bringing their own strengths and expertise to the competitive landscape. ENDOCA, a European-based company, emphasizes organic farming practices and sustainable production methods to deliver premium CBD products. Elixinol Global, with operations in the U.S., Europe, and Australia, offers a range of CBD products for both consumer and wholesale markets. Kazmira, a Colorado-based manufacturer, is known for its proprietary extraction technology that produces high-potency CBD oils and isolates.

The market is also seeing the presence of companies such as Medical Marijuana, Inc., Pharmahemp, Gaia Botanicals, LLC, and Freedom Leaf, Inc., each contributing to the diversity and growth of the hemp-derived cannabidiol market. These companies bring a mix of experience, innovation, and strategic partnerships to the table, driving**Market Overview**
The global hemp-derived cannabidiol market is experiencing significant growth and is segmented based on product type, distribution channel, and end-use. CBD oil, tinctures, capsules, topicals, and other products cater to diverse consumer preferences. Distribution channels include offline and online platforms, with the online segment gaining traction due to convenience and product variety. End-use sectors such as personal care & cosmetics, food & beverage, pharmaceuticals, and nutraceuticals are driving market expansion by incorporating CBD into a wide range of products.

**Market Players**
Key players in the hemp-derived cannabidiol market such as Canopy Growth Corporation, Aurora Cannabis, and CV Sciences, Inc. dominate the industry with their extensive product offerings and market presence. Emerging players like CBD American Shaman and Isodiol International Inc. are making a mark with innovative products and strategic initiatives. These companies are capitalizing on the growing demand for CBD across various end-use sectors.

The competitive landscape includes companies like ENDOCA, Elixinol Global, and Kazmira, each bringing unique strengths to the market. ENDOCA emphasizes organic farming practices, while Elixinol Global operates in multiple regions offering a diverse product range. Kazmira stands out for its proprietary extraction technology that ensures high-potency CBD products. Other players like Medical Marijuana, Inc., Pharmahemp, Gaia Botanicals, LLC, and Freedom Leaf, Inc. contribute to market diversity with their experience and

 

Key points covered in the report: -

  • The pivotal aspect considered in the global Hemp-Derived Cannabidiol Market report consists of the major competitors functioning in the global market.
  • The report includes profiles of companies with prominent positions in the global market.
  • The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
  • The driving factors for the growth of the global Hemp-Derived Cannabidiol Market are thoroughly explained along with in-depth descriptions of the industry end users.
  • The report also elucidates important application segments of the global market to readers/users.
  • This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
  • The experts also evaluate the export/import policies that might propel the growth of the Global Hemp-Derived Cannabidiol Market.
  • The Global Hemp-Derived Cannabidiol Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Hemp-Derived Cannabidiol Market Landscape

Part 04: Global Hemp-Derived Cannabidiol Market Sizing

Part 05: Global Hemp-Derived Cannabidiol Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

The investment made in the study would provide you access to information such as:

  • Hemp-Derived Cannabidiol Market [Global – Broken-down into regions]
  • Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
  • Country-wise Market Size Split [of important countries with major market share]
  • Market Share and Revenue/Sales by leading players
  • Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
  • Market Size
  • Market Size by application/industry verticals
  • Market Projections/Forecast

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Hemp-Derived Cannabidiol Market, Size, Share Trends, Growth Opportunities and Competitive Outlook
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