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Global CBD Consumer Health Market by Product (Medical OTC Products, Nutraceuticals), Distribution Channel (Online, Retail Pharmacies, Retail Stores) - Forecast 2023-2030

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    Report

  • 193 Pages
  • October 2023
  • Region: Global
  • 360iResearch™
  • ID: 5337466
UP TO OFF until Dec 31st 2024
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The CBD Consumer Health Market size was estimated at USD 9.31 billion in 2022, USD 10.77 billion in 2023, and is expected to grow at a CAGR of 15.78% to reach USD 30.07 billion by 2030.

The CBD consumer health market encompasses the sales, distribution, and consumption of cannabidiol (CBD) infused products aimed at improving overall health and wellness. The primary applications of these CBD-based products include pain management, stress relief, anxiety alleviation, and improvement in sleep quality. The increased awareness about the therapeutic benefits of CBD among consumers worldwide has improved the use of CBD consumer health products across the nutraceutical sector. Moreover, the relaxation of stringent regulations related to hemp cultivation and production has enhanced the production and availability of CBD consumer health products worldwide. The high costs associated with CBD consumer health products, along with inconsistent regulatory frameworks across different regions, have limited the product penetration of CBD consumer health products. However, the ongoing clinical trials investigating its effectiveness in treating various illnesses and continued investment from private investors and public sectors for exports and imports of medicinal CBD are expected to create growth opportunities for the CBD consumer health market in the coming years.

Regional Insights

The CBD consumer health market in the Americas is rapidly proliferating due to the legalization of cannabis cultivation and production, ongoing developments in CBD consumer health products, and increased consumer awareness toward the health benefits of CBD consumer health. Canadian consumers also show a growing interest in CBD for health and wellness purposes, as reflected by Health Canada's recent regulatory changes to provide easier access to cannabis-infused products. The rising number of clinical trials to evaluate CBD's potential benefits for various health conditions, such as anxiety, inflammation, pain management, and sleep disorders are expanding the scope for CBD consumer health products in the EMEA region. The Asia-Pacific region represents a rapidly evolving CBD consumer health market due to the flourishing nutraceutical and skincare industry, along with growing investments for CBD in the field of oncology.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the CBD Consumer Health Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the CBD Consumer Health Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the CBD Consumer Health Market, highlighting leading vendors and their innovative profiles. These include Aurora Cannabis Inc., Canopy Growth Corporation, CBD American Shaman, CBDepot s.r.o, Charlotte’s Web Holdings, Inc., Columbia Care Inc., Croda International PLC, Curaleaf, Inc., CURE Pharmaceutical Holding Corp., CV Sciences, Inc., Elixinol LLC, Endoca BV, Gaia Botanicals, LLC, Global Cannabinoids Inc., HEXO Corp., Isodiol International Inc., Jazz Pharmaceuticals, Inc., Joy Organics LLC, Kazmira LLC, Koninklijke DSM N.V., Medical Marijuana, Inc., Medterra CBD, LLC., Noramco, Inc., and NuLeaf Naturals, LLC.

Market Segmentation & Coverage

This research report categorizes the CBD Consumer Health Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Medical OTC Products
      • CBD Analgesic Products
      • CBD Dermatology Products
      • CBD Mental Health Products
      • CBD Sleeping Aids Products
    • Nutraceuticals
      • CBD Sports Nutrition
      • CBD Vitamins & Dietary Supplements
      • CBD Weight Management & Wellbeing
  • Distribution Channel
    • Online
    • Retail Pharmacies
    • Retail Stores
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the CBD Consumer Health Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the CBD Consumer Health Market?
  3. What are the technology trends and regulatory frameworks in the CBD Consumer Health Market?
  4. What is the market share of the leading vendors in the CBD Consumer Health Market?
  5. Which modes and strategic moves are suitable for entering the CBD Consumer Health Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Frequently Asked Questions about the Global CBD Consumer Health Market

What is the estimated value of the Global CBD Consumer Health Market?

The Global CBD Consumer Health Market was estimated to be valued at $10.77 Billion in 2023.

What is the growth rate of the Global CBD Consumer Health Market?

The growth rate of the Global CBD Consumer Health Market is 15.7%, with an estimated value of $30.07 Billion by 2030.

What is the forecasted size of the Global CBD Consumer Health Market?

The Global CBD Consumer Health Market is estimated to be worth $30.07 Billion by 2030.

Who are the key companies in the Global CBD Consumer Health Market?

Key companies in the Global CBD Consumer Health Market include Aurora Cannabis Inc., Canopy Growth Corporation, CBD American Shaman, CBDepot s.r.o, Charlotte’s Web Holdings, Inc., Columbia Care Inc., Croda International PLC, Curaleaf, Inc., CURE Pharmaceutical Holding Corp. and CV Sciences, Inc..

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. CBD Consumer Health Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Legalization of Cannabis for Medicinal Purpose Across Various Countries
5.1.1.2. Increasing Demand for CBD Nutraceuticals
5.1.1.3. Rising Health Awareness and Increase in the Number of Retailers Selling CBD-Based Products
5.1.2. Restraints
5.1.2.1. Lack of Dose Determination Information and Negative Interaction With Other Prescriptions
5.1.3. Opportunities
5.1.3.1. Initiatives and Investment taken for Research Activity on CBD in Healthcare
5.1.3.2. Rising Import/Export of Medicinal CBD and Expanding its Usage of CBD Topicals
5.1.4. Challenges
5.1.4.1. Availability of Alternatives, the High Price of CBD Products, and the Regulatory Concerns
5.2. Market Segmentation Analysis
5.2.1. Product: Popularity of CBD-infused medical OTC products due to easy availability and improved awareness regarding their health benefits
5.2.2. Distribution Channel: Improved consumer preference for buying CBD consumer health products on online platforms
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
5.8. Client Customization
6. CBD Consumer Health Market, by Product
6.1. Introduction
6.2. Medical OTC Products
6.3.1. CBD Analgesic Products
6.3.2. CBD Dermatology Products
6.3.3. CBD Mental Health Products
6.3.4. CBD Sleeping Aids Products
6.3. Nutraceuticals
6.4.1. CBD Sports Nutrition
6.4.2. CBD Vitamins & Dietary Supplements
6.4.3. CBD Weight Management & Wellbeing
7. CBD Consumer Health Market, by Distribution Channel
7.1. Introduction
7.2. Online
7.3. Retail Pharmacies
7.4. Retail Stores
8. Americas CBD Consumer Health Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific CBD Consumer Health Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa CBD Consumer Health Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. New Product Launch & Enhancement
11.3.1.1. Irwin Naturals Cannabis Products Launch Nationwide in Canada
11.3.1.2. Martha Stewart CBD Launches its First-Ever Category Expansion with New Line of CBD Wellness Topicals
11.3.2. Award, Recognition, & Expansion
11.3.2.1. Canopy Growth to Fast-Track Entry into the U.S. Cannabis Market
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Aurora Cannabis Inc.
12.1.2. Canopy Growth Corporation
12.1.3. CBD American Shaman
12.1.4. CBDepot s.r.o
12.1.5. Charlotte’s Web Holdings, Inc.
12.1.6. Columbia Care Inc.
12.1.7. Croda International PLC
12.1.8. Curaleaf, Inc.
12.1.9. CURE Pharmaceutical Holding Corp.
12.1.10. CV Sciences, Inc.
12.1.11. Elixinol LLC
12.1.12. Endoca BV
12.1.13. Gaia Botanicals, LLC
12.1.14. Global Cannabinoids Inc.
12.1.15. HEXO Corp.
12.1.16. Isodiol International Inc.
12.1.17. Jazz Pharmaceuticals, Inc.
12.1.18. Joy Organics LLC
12.1.19. Kazmira LLC
12.1.20. Koninklijke DSM N.V.
12.1.21. Medical Marijuana, Inc.
12.1.22. Medterra CBD, LLC.
12.1.23. Noramco, Inc.
12.1.24. NuLeaf Naturals, LLC
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. CBD CONSUMER HEALTH MARKET RESEARCH PROCESS
FIGURE 2. CBD CONSUMER HEALTH MARKET SIZE, 2022 VS 2030
FIGURE 3. CBD CONSUMER HEALTH MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CBD CONSUMER HEALTH MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. CBD CONSUMER HEALTH MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. CBD CONSUMER HEALTH MARKET DYNAMICS
FIGURE 7. CBD CONSUMER HEALTH MARKET SIZE, BY PRODUCT, 2022 VS 2030 (%)
FIGURE 8. CBD CONSUMER HEALTH MARKET SIZE, BY PRODUCT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. CBD CONSUMER HEALTH MARKET SIZE, BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
FIGURE 10. CBD CONSUMER HEALTH MARKET SIZE, BY DISTRIBUTION CHANNEL, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS CBD CONSUMER HEALTH MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 12. AMERICAS CBD CONSUMER HEALTH MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES CBD CONSUMER HEALTH MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 14. UNITED STATES CBD CONSUMER HEALTH MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC CBD CONSUMER HEALTH MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC CBD CONSUMER HEALTH MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA CBD CONSUMER HEALTH MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA CBD CONSUMER HEALTH MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. CBD CONSUMER HEALTH MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 20. CBD CONSUMER HEALTH MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Aurora Cannabis Inc.
  • Canopy Growth Corporation
  • CBD American Shaman
  • CBDepot s.r.o
  • Charlotte’s Web Holdings, Inc.
  • Columbia Care Inc.
  • Croda International PLC
  • Curaleaf, Inc.
  • CURE Pharmaceutical Holding Corp.
  • CV Sciences, Inc.
  • Elixinol LLC
  • Endoca BV
  • Gaia Botanicals, LLC
  • Global Cannabinoids Inc.
  • HEXO Corp.
  • Isodiol International Inc.
  • Jazz Pharmaceuticals, Inc.
  • Joy Organics LLC
  • Kazmira LLC
  • Koninklijke DSM N.V.
  • Medical Marijuana, Inc.
  • Medterra CBD, LLC.
  • Noramco, Inc.
  • NuLeaf Naturals, LLC

Methodology

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