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the cbd report pdf

Pandemic Impact

However, the COVID-19 pandemic has caused unprecedented lockdowns all around the world, collapsing daily operations and changing consumer behaviors in nearly every industry. As the response to COVID-19 ramps up, retail stores have shut down. The market started experiencing a shortage in supply due to the nationwide shutdown of transportation and manufacturing in major raw material manufacturing countries, such as China and India. In addition, due to supply chain disruptions in the U.S., the supply of other raw materials has been limited, which is disrupting the manufacturing, and in turn, the supply chain of CBD consumer health products.

Source Type Insights

Post COVID Outlook

Cannabidiol derived from hemp is anticipated to witness rapid growth owing to increasing demand from the pharmaceutical sector and rising awareness among consumers regarding health. Increasing consumer disposable income along with the legalization of medicinal cannabis is anticipated to have a positive impact on the demand for cannabidiol in the pharmaceutical sector. Oils, tinctures, concentrate, capsules, topical solutions such as slaves, lip balms, lotions, and edibles such as baked goods, coffee, chocolates, gums, and candies are some of the CBD products which are in high demand.

Furthermore, the use of hemp-derived CBD is increasing rapidly owing to its anti-inflammatory, anti-aging, and antioxidant properties. Various industries such as pharmaceuticals, personal care and cosmetics, nutraceuticals, and food and beverages are developing CBD-derived products for health and wellness purposes. Therefore, the above-mentioned factors would be responsible for this segment’s fastest growth rate over the forecast period.

23 Top 20 Markets for 2020: A Tight Race toward the Top Emerging Trends in Real Estate® is a trademark of PwC and is regis- tered in Office–CBD. Retail. 22 Dec 2019 Figures released in Europe also show a market shift towards adopting CBD products, the previously outlawed substance is now a word on 30 Aug 2019 Summary: A new market study, titled “Discover Global Cannabidiol (CBD) Market Upcoming Trends, Growth Drivers and Challenges” has been 16 Dec 2018 To date, the mass-market retail channel for hemp-derived CBD has seen less than More comprehensive insight and analysis about the Farm Bill, industry by 2020, representing 32% of a 5.7 billion global market in 2020. 11 Sep 2018 For years, experts have predicted that if the cannabis industry expands at its current rate, the American market will reach $20 billion by 2020. 1 Aug 2019 CBD-infused beverages are considered to be the fastest growing segment in the overall cannabis market. How did this partnership of brews 25 Sep 2019 to wholesale hemp markets in order to allow businesses to U.S. Biomass Wholesale Pricing Trends ($ / %CBD / pound). Source: Hemp For farmers looking ahead to 2020 and beyond, difficulties Contact us at [email protected] to get full size pdf maps and raw data behind the maps.

District cooling market revenue valued at USD 115 billion in 2019 and is anticipated to surpass annual consumption of 325 PJ by 2026 impelled by growing development of sustainable building solutions across the Middle East, Central Europe… The Mexico hemp CBD market size was valued at USD 47.1 million in 2019 and is expected to grow at a significant rate over the forecast period. Key factors attributing to market growth are favorable government policies that contributed to… UBMP 2020.pdf – Free download as PDF File (.pdf), Text File (.txt) or view presentation slides online. How China gained control of the rare earths market. This document was based upon information supplied by participants in a market survey. 26.90% CAGR, CBD Water Market, Size, Outlook 2019 to 2026 Categorizes the Global Market by Type, By Application and by Region – Industry Analysis, Size, Share, Growth Opportunities, Trends, and Forecast Report

EU Wellness Market In 2019: The CBD Green Rush :: HBW Insight Executive Summary INFOGRAPHIC: An interactive timeline of HBW Insight’s coverage of the blossoming European CBD market in 2019. The timeline covers the main events of the year beginning with the European Commission’s decision to classify CBD as a novel food, and ending on the filing of the first application for a synthetic form of the cannabis-derived ingredient.

EU Wellness Market In 2019: The CBD Green Rush :: HBW Insight

The CBD Market Revealed [Growth, Analysis, & Size] May 12, 2019 · Moreover, Matt Karnes of Greenwave Advisors believes that the CBD market size will be even greater than what the Hemp Business Journal is forecasting. According to the Journal’s CBD market analysis, total CBD sales in the United States will exceed $2.1 billion by 2020, with $450 million of this figure comprised of hemp-derived CBD sales. 2020 May Be The Year Of The Great CBD Market Correction

A range of CBD products appeared to be accessible without prescription in seven out of nine countries reviewed. Australia and New Zealand were the exceptions where clinician prescription was required to access any CBD-containing product. CBD products commonly available without prescription included oils, gel capsules, purified crystal and topical products. The daily recommended doses with orally administered non-prescription products were typically well below 150 mg and substantially lower than the doses reported to have therapeutic effects in published clinical trials (e.g., 300-1500 mg). The legal foundations enabling access in several countries were often unclear, with marketed products sometimes failing to meet legal requirements for sale. There was an obvious disparity between federal directives and available products in both the USA and European countries examined.

Recent legislative change has allowed increased access to cannabis products in many jurisdictions. In some locations, this includes over-the-counter (OTC) and/or online access to products containing cannabidiol (CBD), a non-intoxicating cannabinoid with therapeutic properties. Here we compared the availability of CBD products and the associated legislative and regulatory background in nine selected countries.

Accessibility of CBD products was examined in the USA, Canada, Germany, Ireland, United Kingdom, Switzerland, Japan, Australia, and New Zealand as of May 2020. Regulatory and other relevant documents were obtained from government agency websites and related sources. Relevant commercial websites and some physical retailers were visited to verify access to CBD-containing products and the nature of the products available.

Results

There are a variety of approaches in how countries manage access to CBD products. Many countries appear to permit OTC and online availability of CBD products but often without legislative clarity. As consumer demand for CBD escalates, improved legislation, guidelines and quality control of CBD products would seem prudent together with clinical trials exploring the therapeutic benefits of lower-dose CBD formulations.