{"id":7924,"date":"2022-08-17T16:31:46","date_gmt":"2022-08-17T16:31:46","guid":{"rendered":"https:\/\/thcinct.com\/cbd-oil-market-size-to-grow-by-usd-3-97-billion-growing-millennial-population-in-key-cannabis-markets-to-drive-growth\/"},"modified":"2022-08-17T16:31:46","modified_gmt":"2022-08-17T16:31:46","slug":"cbd-oil-market-size-to-grow-by-usd-3-97-billion-growing-millennial-population-in-key-cannabis-markets-to-drive-growth","status":"publish","type":"post","link":"https:\/\/thcinct.com\/?p=7924","title":{"rendered":"CBD Oil Market Size to Grow by USD 3.97 billion, Growing Millennial Population in Key Cannabis Markets to Drive Growth"},"content":{"rendered":"<p>\nCompanies:\u00a010+ \u2013 Including Aurora Cannabis Inc., BIOTA Biosciences LLC, CannazALL, Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Wellness Ltd., Endoca BV, Folium Biosciences, Gaia Botanics, Green Roads of Florida LLC, Happie Hemp Pvt. Ltd., Isodiol International Inc., Kazmira LLC, Leafly Holdings Inc., Medical Marijuana Inc., NuLeaf Naturals LLC, Pharmahemp, Silver Shadow Ventures LLC, and Tilray Inc., among others.<br \/>\nCoverage:\u00a0Key drivers, trends, and challenges; product insights and news; value chain analysis; parent market analysis; and vendor landscape<br \/>\nSegments:\u00a0Product (marijuana-derived CBD oil and hemp-derived CBD oil)<br \/>\nGeographies:\u00a0North America, <span class=\"xn-location\">South America<\/span>, <span class=\"xn-location\">Europe<\/span>, APAC, and the <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span><\/p>\n<p class=\"prntac\">Get a comprehensive report summary describing the market size and forecast along with research methodology. The <a href=\"https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR40147&#038;type=sample&#038;rfs=epd&#038;src=report&#038;utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_rfs1_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">FREE sample report<\/a>\u00a0is available in PDF format. <\/p>\n<p>According to the recent market study by Technavio, the <a href=\"https:\/\/www.technavio.com\/report\/cbd-oil-market-industry-analysis?utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_rep1_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">CBD Oil Market<\/a> size is expected to grow by <span class=\"xn-money\">USD 3.97 billion<\/span> from 2020 to 2025, with an accelerated CAGR of 26.43%. The report provides a detailed analysis of drivers &#038; opportunities, top winning strategies, competitive scenario, future market trends, market size &#038; estimations, and major investment pockets.<\/p>\n<p>\nVendor Landscape\n<\/p>\n<p>The CBD oil market is fragmented because of the presence of numerous small and large vendors. The vendors are deploying organic and inorganic growth strategies to compete in the market. They compete based on factors such as price, quality, innovation, reputation, and distribution. Some vendors are more specialized than others with respect to commodities, while others have larger financial resources than others. The competition among vendors is intense.<\/p>\n<p class=\"prntac\">This report provides a full list of key vendors, their strategies, and the latest developments. <a href=\"https:\/\/www.technavio.com\/addtocartfd?sku=IRTNTR40147&#038;utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_buy_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">Buy Now<\/a>\u00a0to gain access to exclusive information about vendors<\/p>\n<p>\nRegional Market Outlook\n<\/p>\n<p>The CBD oil market share growth in <span class=\"xn-location\">North America<\/span> will be significant during the forecast period. The US and <span class=\"xn-location\">Canada<\/span> are the key countries for the\u00a0market in the region. Moreover, market growth in <span class=\"xn-location\">North America<\/span> will be faster\u00a0than the growth of the market in other regions. The growth of this region is attributed to factors such as the growing awareness of the health benefits of CBD oil products and the increasing number of states legalizing the use of marijuana products in the US.<\/p>\n<p class=\"prntac\">Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. <a href=\"https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR40147&#038;type=sample&#038;rfs=epd&#038;src=report&#038;utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_rfs2_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">View a FREE PDF Sample Report.<\/a><\/p>\n<p>\nLatest Drivers, Trends, and Challenges\u00a0in the Market-\n<\/p>\n<p>CBD Oil Market Driver:<br \/>\nGrowing millennial population in key cannabis markets:<\/p>\n<p>The US is the largest market for legal cannabis in the world, owing to its liberal laws on marijuana. The country had a millennial population of 72.1 million in 2019, which is expected to grow at a CAGR of 0.37% to reach 81.1 million by 2036. The rising millennial population in <span class=\"xn-location\">Europe<\/span> is also propelling the global CBD oil market.<\/p>\n<p>CBD Oil Market Trend:<br \/>\nGrowing legalization of cannabis-based products:<\/p>\n<p>Many countries are decriminalizing cannabis and legalizing the use of marijuana for recreational and medicinal purposes. In the US, 30 states have legalized marijuana for medicinal purposes, whereas eight states have gained permission for the use of marijuana for recreational and medicinal purposes.<\/p>\n<p>CBD Oil Market Challenge:<br \/>\nAdverse effects of CBD oil products:<\/p>\n<p>Over-consumption of cannabis can lead to several respiratory problems and health issues. People can misuse and abuse substances, which affects their quality of life. If cannabis-based products such as CBD oil are completely legalized, the consumption rates will grow and public health will be compromised.<\/p>\n<p class=\"prntac\">Technavio offers various drivers, trends, and challenges that can impact the future of the market. <a href=\"https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR40147&#038;type=sample&#038;rfs=epd&#038;src=report&#038;utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_rfs3_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">View our FREE PDF sample report.<\/a><\/p>\n<p>\nDidn&#8217;t Find What You Were Looking For? Customize Report-\n<\/p>\n<p>Don&#8217;t miss out on the opportunity to <a href=\"https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR40147&#038;type=speaktoanalyst&#038;utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_sta_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">speak to our analyst<\/a>\u00a0and gain more insights about this market report. Technavio can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.<\/p>\n<p>\nHere are Some Similar Topics-\n<\/p>\n<p><a href=\"https:\/\/www.technavio.com\/report\/cannabis-infused-edible-products-market-industry-analysis?utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_rr1_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">Cannabis-infused Edible Products Market<\/a>\u00a0by Product and Geography &#8211; Forecast and Analysis 2021-2025<\/p>\n<p><a href=\"https:\/\/www.technavio.com\/report\/tarragon-market-industry-analysis?utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_rr2_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">Tarragon Market<\/a>\u00a0by Product and Geography &#8211; Forecast and Analysis 2022-2026<\/p>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prnbcc\">\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">CBD Oil Market Scope<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Report Coverage<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Details<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Page number<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">120<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Base year<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2021<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Forecast period<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2022-2026<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Growth momentum &#038; CAGR<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Accelerate at a CAGR of 26.43%<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Market growth 2022-2026<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">USD 3.97 billion<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Market structure<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Fragmented<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">YoY growth (%)<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">25.16<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Regional analysis<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">North America, South America, Europe, APAC, and Middle East and Africa<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Performing market contribution<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">North America at 38%<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Key consumer countries<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">US, Canada, Germany, France, and UK<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Competitive landscape<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Leading companies, Competitive strategies, Consumer engagement scope<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Key companies profiled<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Aurora Cannabis Inc., BIOTA Biosciences LLC, CannazALL, Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Wellness Ltd., Endoca BV, Folium Biosciences, Gaia Botanics, Green Roads of Florida LLC, Happie Hemp Pvt. Ltd., Isodiol International Inc., Kazmira LLC, Leafly Holdings Inc., Medical Marijuana Inc., NuLeaf Naturals LLC, Pharmahemp, Silver Shadow Ventures LLC, and Tilray Inc.<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Market dynamics<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.<\/span><\/p>\n<\/tr>\n<tr>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Customization purview<\/span><\/p>\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.<\/span><\/p>\n<\/tr>\n<\/table>\n<p class=\"prntac\">Browse <a href=\"https:\/\/www.technavio.com\/industries\/consumer-staples?utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_l1_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">Consumer Staples<\/a>\u00a0Market Reports<\/p>\n<p>\nTable of Contents\n<\/p>\n<p>1 Executive Summary<\/p>\n<p>1.1 Market overview<br \/>\nExhibit 01: Executive Summary \u2013 Chart on Market Overview<br \/>\nExhibit 02: Executive Summary \u2013 Data Table on Market Overview<br \/>\nExhibit 03: Executive Summary \u2013 Chart on Global Market Characteristics<br \/>\nExhibit 04: Executive Summary \u2013 Chart on Market by Geography<br \/>\nExhibit 05: Executive Summary \u2013 Chart on Market Segmentation by Product<br \/>\nExhibit 06: Executive Summary \u2013 Chart on Incremental Growth<br \/>\nExhibit 07: Executive Summary \u2013 Data Table on Incremental Growth<br \/>\nExhibit 08: Executive Summary \u2013 Chart on Vendor Market Positioning<\/p>\n<p>2 Market Landscape<\/p>\n<p>2.1 Market ecosystem<br \/>\nExhibit 09: Parent market<br \/>\nExhibit 10: Market Characteristics<\/p>\n<p>3 Market Sizing<\/p>\n<p>3.1 Market definition<br \/>\nExhibit 11: Offerings of vendors included in the market definition<br \/>\n3.2 Market segment analysis<br \/>\nExhibit 12: Market segments<br \/>\n3.4 Market outlook: Forecast for 2021-2026<br \/>\nExhibit 13: Chart on Global &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 14: Data Table on Global &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)<\/p>\n<p>4 Five Forces Analysis<\/p>\n<p>4.1 Five forces summary<br \/>\nExhibit 17: Five forces analysis &#8211; Comparison between2021 and 2026<br \/>\n4.2 Bargaining power of buyers<br \/>\nExhibit 18: Chart on Bargaining power of buyers \u2013 Impact of key factors 2021 and 2026<br \/>\n4.3 Bargaining power of suppliers<br \/>\nExhibit 19: Bargaining power of suppliers \u2013 Impact of key factors in 2021 and 2026<br \/>\n4.4 Threat of new entrants<br \/>\nExhibit 20: Threat of new entrants \u2013 Impact of key factors in 2021 and 2026<br \/>\n4.5 Threat of substitutes<br \/>\nExhibit 21: Threat of substitutes \u2013 Impact of key factors in 2021 and 2026<br \/>\n4.6 Threat of rivalry<br \/>\nExhibit 22: Threat of rivalry \u2013 Impact of key factors in 2021 and 2026<br \/>\n4.7 Market condition<br \/>\nExhibit 23: Chart on Market condition &#8211; Five forces 2021 and 2026<\/p>\n<p>5 Market Segmentation by Product<\/p>\n<p>5.1 Market segments<br \/>\nExhibit 24: Chart on Product &#8211; Market share 2021-2026 (%)<br \/>\nExhibit 25: Data Table on Product &#8211; Market share 2021-2026 (%)<br \/>\n5.2 Comparison by Product<br \/>\nExhibit 26: Chart on Comparison by Product<br \/>\nExhibit 27: Data Table on Comparison by Product<br \/>\n5.3 Marijuana derived cbd oil &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 28: Chart on Marijuana derived cbd oil &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 29: Data Table on Marijuana derived cbd oil &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 30: Chart on Marijuana derived cbd oil &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 31: Data Table on Marijuana derived cbd oil &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n5.4 Hemp derived cbd oil &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 32: Chart on Hemp derived cbd oil &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 33: Data Table on Hemp derived cbd oil &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 34: Chart on Hemp derived cbd oil &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 35: Data Table on Hemp derived cbd oil &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n5.5 Market opportunity by Product<br \/>\nExhibit 36: Market opportunity by Product ($ million)<\/p>\n<p>6 Customer Landscape<\/p>\n<p>6.1 Customer landscape overview<br \/>\nExhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria<\/p>\n<p>7 Geographic Landscape<\/p>\n<p>7.1 Geographic segmentation<br \/>\nExhibit 38: Chart on Market share by geography 2021-2026 (%)<br \/>\nExhibit 39: Data Table on Market share by geography 2021-2026 (%)<br \/>\n7.2 Geographic comparison<br \/>\nExhibit 40: Chart on Geographic comparison<br \/>\nExhibit 41: Data Table on Geographic comparison<br \/>\n7.3 <span class=\"xn-location\">North America<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 42: Chart on <span class=\"xn-location\">North America<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 43: Data Table on <span class=\"xn-location\">North America<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 44: Chart on <span class=\"xn-location\">North America<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 45: Data Table on <span class=\"xn-location\">North America<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.4 <span class=\"xn-location\">South America<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 46: Chart on <span class=\"xn-location\">South America<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 47: Data Table on <span class=\"xn-location\">South America<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 48: Chart on <span class=\"xn-location\">South America<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 49: Data Table on <span class=\"xn-location\">South America<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.5 <span class=\"xn-location\">Europe<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 50: Chart on <span class=\"xn-location\">Europe<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 51: Data Table on <span class=\"xn-location\">Europe<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 52: Chart on <span class=\"xn-location\">Europe<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 53: Data Table on <span class=\"xn-location\">Europe<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.6 APAC &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 54: Chart on APAC &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 55: Data Table on APAC &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 56: Chart on APAC &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 57: Data Table on APAC &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.7 <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 58: Chart on <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 59: Data Table on <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 60: Chart on <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 61: Data Table on <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.8 US &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 62: Chart on US &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 63: Data Table on US &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 64: Chart on US &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 65: Data Table on US &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.9 <span class=\"xn-location\">Canada<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 66: Chart on <span class=\"xn-location\">Canada<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 67: Data Table on <span class=\"xn-location\">Canada<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 68: Chart on <span class=\"xn-location\">Canada<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 69: Data Table on <span class=\"xn-location\">Canada<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.10 <span class=\"xn-location\">Germany<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 70: Chart on <span class=\"xn-location\">Germany<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 71: Data Table on <span class=\"xn-location\">Germany<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 72: Chart on <span class=\"xn-location\">Germany<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 73: Data Table on <span class=\"xn-location\">Germany<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.11 <span class=\"xn-location\">France<\/span> &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 74: Chart on <span class=\"xn-location\">France<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 75: Data Table on <span class=\"xn-location\">France<\/span> &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 76: Chart on <span class=\"xn-location\">France<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 77: Data Table on <span class=\"xn-location\">France<\/span> &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.12 UK &#8211; Market size and forecast 2021-2026<br \/>\nExhibit 78: Chart on UK &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 79: Data Table on UK &#8211; Market size and forecast 2021-2026 ($ million)<br \/>\nExhibit 80: Chart on UK &#8211; Year-over-year growth 2021-2026 (%)<br \/>\nExhibit 81: Data Table on UK &#8211; Year-over-year growth 2021-2026 (%)<br \/>\n7.13 Market opportunity by geography<br \/>\nExhibit 82: Market opportunity by geography ($ million)<\/p>\n<p>8 Drivers, Challenges, and Trends<\/p>\n<p>8.3 Impact of drivers and challenges<br \/>\nExhibit 83: Impact of drivers and challenges in 2021 and 2026<\/p>\n<p>9 Vendor Landscape<\/p>\n<p>9.2 Vendor landscape<br \/>\nExhibit 84: Overview on Criticality of inputs and Factors of differentiation<br \/>\n9.3 Landscape disruption<br \/>\nExhibit 85: Overview on factors of disruption<br \/>\n9.4 Industry risks<br \/>\nExhibit 86: Impact of key risks on business<\/p>\n<p>10 Vendor Analysis<\/p>\n<p>10.1 Vendors covered<br \/>\nExhibit 87: Vendors covered<br \/>\n10.2 Market positioning of vendors<br \/>\nExhibit 88: Matrix on vendor position and classification<br \/>\n10.3 Aurora Cannabis Inc.<br \/>\nExhibit 89: Aurora Cannabis Inc. &#8211; Overview<br \/>\nExhibit 90: Aurora Cannabis Inc. &#8211; Product \/ Service<br \/>\nExhibit 91: Aurora Cannabis Inc. &#8211; Key offerings<br \/>\n10.4 Canopy Growth Corp.<br \/>\nExhibit 92: Canopy Growth Corp. &#8211; Overview<br \/>\nExhibit 93: Canopy Growth Corp. &#8211; Business segments<br \/>\nExhibit 94: Canopy Growth Corp. &#8211; Key news<br \/>\nExhibit 95: Canopy Growth Corp. &#8211; Key offerings<br \/>\nExhibit 96: Canopy Growth Corp. &#8211; Segment focus<br \/>\n10.5 CBD American Shaman LLC<br \/>\nExhibit 97: CBD American Shaman LLC &#8211; Overview<br \/>\nExhibit 98: CBD American Shaman LLC &#8211; Product \/ Service<br \/>\nExhibit 99: CBD American Shaman LLC &#8211; Key offerings<br \/>\n10.6 CV Sciences Inc.<br \/>\nExhibit 100: CV Sciences Inc. &#8211; Overview<br \/>\nExhibit 101: CV Sciences Inc. &#8211; Business segments<br \/>\nExhibit 102: CV Sciences Inc. &#8211; Key offerings<br \/>\nExhibit 103: CV Sciences Inc. &#8211; Segment focus<br \/>\n10.7 Elixinol Wellness Ltd.<br \/>\nExhibit 104: Elixinol Wellness Ltd. &#8211; Overview<br \/>\nExhibit 105: Elixinol Wellness Ltd. &#8211; Business segments<br \/>\nExhibit 106: Elixinol Wellness Ltd. &#8211; Key offerings<br \/>\nExhibit 107: Elixinol Wellness Ltd. &#8211; Segment focus<br \/>\n10.8 Endoca BV<br \/>\nExhibit 108: Endoca BV &#8211; Overview<br \/>\nExhibit 109: Endoca BV &#8211; Product \/ Service<br \/>\nExhibit 110: Endoca BV &#8211; Key offerings<br \/>\n10.9 Gaia Botanics<br \/>\nExhibit 111: Gaia Botanics &#8211; Overview<br \/>\nExhibit 112: Gaia Botanics &#8211; Product \/ Service<br \/>\nExhibit 113: Gaia Botanics &#8211; Key offerings<br \/>\n10.10 Isodiol International Inc.<br \/>\nExhibit 114: Isodiol International Inc. &#8211; Overview<br \/>\nExhibit 115: Isodiol International Inc. &#8211; Product \/ Service<br \/>\nExhibit 116: Isodiol International Inc. &#8211; Key offerings<br \/>\n10.11 Medical Marijuana Inc.<br \/>\nExhibit 117: Medical Marijuana Inc. &#8211; Overview<br \/>\nExhibit 118: Medical Marijuana Inc. &#8211; Product \/ Service<br \/>\nExhibit 119: Medical Marijuana Inc. &#8211; Key offerings<br \/>\n10.12 NuLeaf Naturals LLC<br \/>\nExhibit 120: NuLeaf Naturals LLC &#8211; Overview<br \/>\nExhibit 121: NuLeaf Naturals LLC &#8211; Product \/ Service<br \/>\nExhibit 122: NuLeaf Naturals LLC &#8211; Key offerings<\/p>\n<p>11 Appendix<\/p>\n<p>11.2 Inclusions and exclusions checklist<br \/>\nExhibit 123: Inclusions checklist<br \/>\nExhibit 124: Exclusions checklist<br \/>\n11.3 Currency conversion rates for US$<br \/>\nExhibit 125: Currency conversion rates for US$<br \/>\n11.4 Research methodology<br \/>\nExhibit 126: Research methodology<br \/>\nExhibit 127: Validation techniques employed for market sizing<br \/>\nExhibit 128: Information sources<br \/>\n11.5 List of abbreviations<br \/>\nExhibit 129: List of abbreviations<\/p>\n<p>\nAbout Us\n<\/p>\n<p>Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio&#8217;s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio&#8217;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.<\/p>\n<p>Contact<br class=\"dnr\"\/>Technavio Research<br class=\"dnr\"\/><span class=\"xn-person\">Jesse Maida<\/span><br class=\"dnr\"\/>Media &#038; Marketing Executive<br class=\"dnr\"\/>US: +1 844 364 1100<br class=\"dnr\"\/>UK: +44 203 893 3200<br class=\"dnr\"\/>Email: <span class=\"__cf_email__\" data-cfemail=\"82efe7e6ebe3c2f6e7e1eaece3f4ebedace1edef\">[email\u00a0protected]<\/span><br class=\"dnr\"\/>Website: <a href=\"https:\/\/www.technavio.com\/?utm_source=pressrelease&#038;utm_medium=bw&#038;utm_campaign=t35_week03_2020_cotact_us&#038;utm_content=IRTNTR44340\" rel=\"nofollow noopener\" target=\"_blank\">www.technavio.com\/<\/a><\/p>\n<p>Newsroom:\u00a0<a href=\"https:\/\/newsroom.technavio.com\/news\/cbd-oil-market?utm_source=prnewswire&#038;utm_medium=pressrelease+&#038;utm_campaign=tnv4c_news_wk34_2022_007&#038;utm_content=IRTNTR40147\" rel=\"nofollow noopener\" target=\"_blank\">newsroom.technavio.com\/news\/cbd-oil-market<\/a><\/p>\n<p>SOURCE Technavio<\/p>\n<p><\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/cbd-oil-market-size-to-grow-by-usd-3-97-billion-growing-millennial-population-in-key-cannabis-markets-to-drive-growth---technavio-301605253.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies:\u00a010+ \u2013 Including Aurora Cannabis Inc., BIOTA Biosciences LLC, CannazALL, Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Wellness Ltd., Endoca BV, Folium Biosciences, Gaia Botanics, Green Roads of Florida LLC, Happie Hemp Pvt. Ltd., Isodiol International Inc., Kazmira LLC, Leafly Holdings Inc., Medical Marijuana Inc., NuLeaf Naturals LLC, Pharmahemp, Silver Shadow Ventures LLC, and Tilray Inc., among others. Coverage:\u00a0Key drivers, trends, and challenges; product insights and news; value chain analysis; parent market analysis; and vendor landscape Segments:\u00a0Product (marijuana-derived CBD oil and hemp-derived CBD oil) Geographies:\u00a0North America, South America, Europe, APAC, and the Middle East and Africa&#8230; <\/p>\n","protected":false},"author":1,"featured_media":7925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG43840&Transmission_Id=202208171035PR_NEWS_USPR_____CG43840&DateId=20220817","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-7924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"jetpack_featured_media_url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG43840&Transmission_Id=202208171035PR_NEWS_USPR_____CG43840&DateId=20220817","_links":{"self":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts\/7924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7924"}],"version-history":[{"count":0,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts\/7924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/media\/7925"}],"wp:attachment":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}