what is the demand for cbd oil online

Cannabidiol (CBD) Market Trends 2021 | North America, Europe, & APAC Industry Forecasts 2027: Graphical Research

Prominent CBD manufacturers across the globe include Canopy Growth Corporation, Cronos Group, Medterra Tilray, CBD One Ltd, Formula Swiss AG, Green Brothers Switzerland SA, HemPoland sp. z o.o. MH medical hemp GmbH, ECOFIBRE, Bod Australia Ltd, MEDLAB CLINICAL, Aurora Cannabis, and CV Sciences, Inc.

June 02, 2021 06:00 ET | Source: Graphical Research Graphical Research

Pune, India, June 02, 2021 (GLOBE NEWSWIRE) —

The global cannabidiol market size is anticipated to expand at substantial CAGR during the forecast period as CBD is quite famous for treating large number of ailments like anxiety, chronic and neurological pains, sleep disorders, stress, and nausea.

Cannabidiol (CBD) offers a wide variety of therapeutic benefits to the user and is non-toxic in nature as well. Several governments across the world have now made the use of CBD legal in their countries because of its many uses that can help in the creation of new drugs, leading to medical advancements.

Some of the trends that will encourage the growth of global CBD market up to 2027 are listed below:

Cannabidiol oil will witness hike in demand in North America:

North America cannabidiol market is expected to surpass $61.2 billion in size by 2027. Based on product, this market is divided into oil, tinctures, transdermal patches, suppository, tablets, capsules, vape oil, isolates, creams, roll-ons, and many others. Out of these, the CBD oil segment is projected to grow rapidly during the forecast period of 2021-2027.

In fact, this segment dominated the market in 2019 and will continue to do so in the future as well. CBD oil is known to have several benefits for its users, especially for pain-related ailments. Cases of mental illness in North America are increasing every year. Mental health institutions are increasingly demanding CBD oil as it is quite famous for treating various mental illnesses like depression and anxiety, thereby positively influencing the substance demand.

Access sample pages of the report, “North America Cannabidiol (CBD) Market Forecasts 2027” in detail along with the table of contents (ToC) @

Chronic pain patients are the largest consumers of CBD in U.S.:

There are several applications of CBD like anxiety, chronic stress, depression, skin care, seizures, joint pain & inflammations, among others. Out of these, CBD will find increased application in the chronic pain segment through 2027, reaching a valuation of $20.6 billion by 2027 across North America, according to current market trends. CBD has several beneficial properties to relieve chronic pain and is a better alternative when compared to its counterpart, opioids.

CBD gives minimal side-effects from use and does not contain toxic elements. This has resulted in increased demand for CBD-derived medicines and products as a better alternative to conventional medicines, augmenting the market size in the U.S.

Online distribution of CBD to gain prominence in North America:

There are two primary distribution channels established to sell CBD in North America: online and offline channels. The offline distribution channels are further divided into pharmacies and retail stores. The offline distribution channel in the region is set to gain momentum through 2027 and will expand at 32.6% CAGR during this time.

One of the major reasons for this is that offline channels are more reliable as compared to their online counterparts. Customers prefer the offline channels to buy their medicines as it not only increases their confidence in their purchases, but they can personally inspect the product as well before buying it. Another important reason is that it is much easier for store owners to monitor CBD products, something that is not possible with online channels.

Favorable government regulations to foster Asia Pacific cannabidiol market:

CBD market in Asia Pacific is predicted to become worth more than $1.9 billion by 2027, according to market reports. CBD was not on the list of legal products in several countries across the region. But today, that scenario has drastically changed as countries like Japan, Australia and New Zealand have made favorable changes in their laws to make the use of CBD based products legal among their population.

The regulatory bodies of these countries have inspected the benefits of CBD-derived products on human body and have given their approval in this regard. For example, Australian authorities approved the use of a CBD-based product, Sativex in 2017 to treat spasticity caused by multiple sclerosis. This drug has won the approval of more than 28 countries, which is an indication of positive changes in the regulatory framework of these nations. All these factors will positively impact the demand for CBD in Asia Pacific.

Access sample pages of the report, “Asia Pacific Cannabidiol (CBD) Market Forecasts 2027” in detail along with the table of contents (ToC) @

CBD tinctures will witness upsurge in demand in Asia Pacific:

Out of the different CBD-derived products like oils, creams and tinctures, the CBD tincture segment is predicted to gain traction and is expected to grow at an incredible 36% CAGR through 2027 in APAC. This segment had the second-largest regional market share in 2020 with a valuation of more than $18.5 million. One of the main reasons for this is that this product has a longer shelf life as compared to its alternatives. It has a wide range of applications as well like treating anxiety, nausea, inflammation, and pain.

These tinctures are made with CBD strains taken from hemp plant and contain 60% to 70% alcohol content, prompting increased demand for them among end-users.

Creams and roll-ons will experience increased demand in Europe:

Total Europe CBD market is projected to go past $25.8 billion by 2027. Oils, tablets, creams & roll-ons, capsules, vape oil and many other products use CBD oil as the main ingredient. Out of these, the creams & roll-ons segment will witness robust growth during the mentioned timeline as there is a rising emphasis among consumers to use skincare products that contain CBD.

This ingredient is known to have many benefits for the skin and helps in improving its quality as well. A large percentage of the population in Europe is increasing their spending on various cosmetic and skincare products each year. While talking about the medicinal benefits of CBD, it has been proved that this product has anti-inflammatory properties, which is a must-have in all skincare and makeup products. All these will benefit the market companies in Europe.

Access sample pages of the report, “Europe Cannabidiol (CBD) Market Forecasts 2027” in detail along with the table of contents (ToC) @

Prevalence of mental disorders will stimulate Europe CBD consumption:

Anxiety, chronic stress, depression, migraines, skincare, inflammation, and many other areas are using CBD-based products for various purposes. But it is the anxiety & stress segment that will attract the most demand for this product in the coming years. This segment captured 22% of the total Europe market share in 2020 and is expected to grow further in the future.

The population in Europe is experiencing a worrying rise in the number of mental disorders like anxiety & stress, sleep disorders and depression. This has led to an increasing number of healthcare institutions to adopt CBD-based medications to treat these ailments. According to the World Health Organization, nearly 4.3% of the regional population has fallen prey to depression. All these aspects will promote the development of the market.

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Consumers Guide to Buying CBD Oil Online

With CBD being recently legalized, the number of companies selling CBD products is growing exponentially by the day. It’s easy to see why as the demand for CBD is high among consumers for its huge range of benefits.

Though it has already been proven to aid many physical and mental health issues, more studies are required to determine the full range of its capabilities. One thing we know for sure is that CBD is safe to use, and we’ve located the best CBD oils on the market so you can start experiencing the benefits yourself.

CBD Oil Benefits

As CBD is still relatively new to the legal market, you may be unsure of how it can benefit you and your health. CBD has been used throughout history as a natural medicine, but modern scientific research is just scratching the surface of its potential. As CBD has only recently been legalized, most of the medical research that has been done was carried out in animal studies and trials. It is now fully legalized so it can actually be tested on humans to see the full spectrum of the compound.

Here are just some of things people around the world use CBD for: – overcoming addictions – fighting cancer – alleviating pain from arthritis – helping with anxiety – helping those suffering with depression – autism – diabetes – a sleep aid for insomniacs – lessening inflammation – Parkinson’s Disease – epilepsy relief – Schizophrenia – skin issues – anti-nausea These listed above are just a few of the potential uses for CBD. We say “potential” as scientific research has not 100% proven these uses. They are based on claims from people who have used the compound and also animal trials that have shown CBDs promising benefits towards the above ailments.

Another major plus of CBD is that it’s a non-addictive substance. Even if you take a high dose of CBD it is still relatively safe. As with anything, it is always a good idea to consult with your doctor before deciding to buy CBD oil online or in store.

How to Use CBD Oil

There are 4 different ways you can use CBD oil. Which one you choose will depend on your personal needs and the desired effects you’re looking for from the product. 1. The first way to use CBD oil is by inhalation. You can inhale it by either smoking or vaping. Since the CBD will go direct into your bloodstream and lungs through this method, it is one of the quickest ways for the effects to be felt.

If you want to go the smoking route, you can smoke the oil by using a specialized pipe called an “oil rig”.

Alternatively, you can vape the CBD oil. It’s a good option, as you will still receive the benefits without the harshness on your throat and lungs that comes with smoking it.

2. Apply it directly to your skin. This topical application is done by putting onto your skin in an ointment or lotion. It’s the most straightforward way to use the oil and you won’t need any specific tools in order to use it.

3. Put the CBD oil under your tongue. This method, also called “sublingual”, involves using a dropper style CBD oil bottle. You simply put a couple drops underneath your tongue and after half a minute, you swallow it. It is a quick and easy way to use CBD oil and also very effective.

4. Put the CBD oil into edibles. You can add CBD oil into your favorite foods or sweets and ingest it that way. You may have heard of people experiencing strong effects from edibles and this is likely people who have tried edibles with THC oil, which is a psychoactive component. CBD will produce much more mellow effects.

How to Choose the Best CBD Oil

If you’re just starting your CBD journey it can be a little overwhelming with the amount of options out there. There are already about 7% of Americans that treat medical problems with CBD. That percentage is anticipated to increase now that it’s been legalized. Don’t know where to begin? We can help you figure out which CBD oil is the best for you and let you know what to look for when choosing one.

You want to choose CBD oil that made with high-quality ingredients and from a reputable brand. On top of that, you’ll want to consider the following:

– Price. What is your budget for the product? Ideally you want to find a good product for a reasonable price. The price of CBD oil can vary dramatically, so you need to identify how much you are willing to drop on this product.

– Taste. If you’re going to be ingesting the CBD oil orally, you will want something with a pleasing taste. There are different tasting oils on the market to choose from so pick something with a taste you enjoy.

– Concentration of CBD. Oils will contain lower and higher concentrations of CBD. The ailment you are looking to relieve will dictate the concentration you need. For mild pain you may not need as much as if you are in severe pain.

– How easy is it to use? You want a CBD oil that easy to take as and when you need it. If you don’t want to fuss with bottles and droppers, maybe a vape pen is a better option for you. But if you are wanting a more discreet option than a dropper could be more beneficial to you. It will be dependent on how you intend to use it.

Each person is affected differently by CBD oil so it’s always essential you try using an oil yourself to see how you react to it and find which is best for you.

Best CBD Oil for Sale Online

If you’re reading this, chances are you are thinking about trying CBD oil for yourself but don’t know where to start. You are probably wondering where to buy CBD oil or if you can buy CBD oil online. We’ve got you covered with a comprehensive list of the best CBD oils out there. These CBD oil reviews will help you get started on the path to better health through CBD oil.

Until recently, you were only able to purchase CBD through the states where it was legalized, or you’d have to go the black-market route. So essentially, it was not easy to get your hands on. Now, not only can you buy CBD across the US, you can also buy CBD oil online and they will ship it directly to your house.

That being said, you do need to be careful of the companies you purchase from. Many sellers have been shut down by the FDA for making false claims as to the contents of their CBD oils. They have been found to contain less CBD than stated and some even contain toxins. Rest assured there are great companies out there that sell trusted and effective products. Have a look at the companies below whose products we recommend and trust.

Balance CBD tops our list as the best CBD company out there. The CBD oil they produce is the highest quality available and they do all their lab testing through 3rd party companies to ensure accurate and trusted results.

Their products are all made in the USA and certified GMO-free and vegan. This is something very important to look out for as there are a growing number of companies that import CBD low-quality and impure CBD from China. With Balance CBD you can be assured that everything was all grown home soils and to the highest standard.

They have a ton of product options to choose from, so you can find the one the works the best for you. Their products include oils, cbd gummies, muscle relief cream and even CBD products for your pets. Their range is, in our opinion, the most extensive of any CBD company.

Another benefit of their oil tinctures is the concentration of CBD in the bottles. Their 30ml bottles contain 500mg of CBD, which is a higher concentration than most others you will find. Because of this you won’t need to use as much oil to get the desired effects and the oil will last longer, thus more bang for your buck.

Balance CBD is very affordable considering its high quality. A 500mg tincture retails for around $49.95 for a bottle, and the best thing is that they have a lot of mix and match sales!

If the tinctures aren’t for you, Balance CBD – an AAXLL Brands Company sells a variety of vape pens that are inexpensive and effective. Inhaling through a vape pen will produce quicker results and come in a range of different essential oil blends. You can choose different essential oil options for different effects. For example, choose one with lavender and chamomile to help with insomnia.

Pure Kana comes in at the number 2 spot on our list. Similar to Balance CBD, they also offer a range of different CBD products, so you have many options to choose from to suit your needs.

They also offer some higher potency options in their tincture oils if you’re looking for some more powerful options.

That being said, it comes with a price. Their 300mg tincture will set you back $54, which is higher than the price of Balance CBDs 500mg tincture, but you’re receiving 200mg less! If you want to go for a higher potency you can expect to spend about $92 for a 600mg bottle of tincture.

The products from Pure Kana are of a good quality and having trusted testing results as well. They will ship for free to 50 states, saving you a few dollars that you lost in the cost of the product.

Hemp Bombs is marketed toward a younger crowd with its fun branding and unique products. On top of CBD oils, you can also buy CBD lollipops and infused energy shots.

They are not as expensive as Pure Kana, but still more expensive than Balance CBD.

If you are interested in getting some extremely potent products, they have 2000mg and 4000mg oils available.

4. Receptra Naturals

This Colorado based company is another of our favorites when it comes to CBD oil producers. Everything is produced in the USA and like Balance CBD, their testing is all done through a 3rd party, therefore you can trust what’s on the label in terms of potency.

Their oils differ from others in that they use a different method to extract the CBD, called cold ethanol extraction. This apparently gives a more full-spectrum extraction of the CBD but is also known for being a more impure method than the traditional CO2 extraction method.

Still, they offer some high potency options at a decent price point.

5. Populum CBD Oil

Populum CBD Oil rounds off our list of trusted CBD companies. They are extremely transparent when it comes to providing test results on their products, which are done via a 3rd party, so you can be assured of quality. In fact, each bottle will come with a copy of the results.

One downside is that they don’t have the range of products that Balance CBD does, as their focus is mostly on the oil itself. It can also run a tad on the pricey side.

Still, their signature orange infused oil has a great flavor palate, better than many other oils out there.

Conclusion

We’ve chosen the companies above for their high-quality products and trusted testing procedures. This will allow you to feel more confident when choosing a CBD oil that is right for you as you’ve got a solid place to start and hopefully a bit more information than when you began reading this guide. If you do decide to purchase a CBD oil, we suggest starting with Balance CBD or another well-known brand on our list to get the best results! If you think that CBD Oil is not for you, then why not check out this quiz to find the CBD product that is perfect for you!

Global CBD Oil Market 2020 | Trends, Development Status, Investment Opportunities, CAGR, Revenue, Demand and Forecast to 2024 | Technavio

LONDON–( BUSINESS WIRE )–The CBD oil market is poised to grow by USD 3.52 billion during 2020-2024 progressing at a CAGR of over 32% during the forecast period.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The report on the CBD oil market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the health benefits of CBD oil.

The CBD oil market analysis includes the product segment and geography landscape. This study identifies the growing legalization of cannabis-based products as one of the prime reasons driving the CBD oil market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

The CBD Oil Market Covers the following areas:

CBD Oil Market Sizing

CBD Oil Market Forecast

CBD Oil Market Analysis

Companies Mentioned

  • Aurora Cannabis Inc.
  • Canopy Growth Corp.
  • CBD American Shaman LLC
  • CV Sciences Inc.
  • Elixinol Global Ltd.
  • ENDOCA BV
  • Gaia Botanicals LLC
  • Isodiol International Inc.
  • Medical Marijuana Inc.
  • NuLeaf Naturals LLC.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Marijuana-derived CBD oil – Market size and forecast 2019-2024
  • Hemp-derived CBD oil – Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing legalization of cannabis-based products
  • Exponential online retail growth
  • Increasing frequency of mergers and acquisitions

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aurora Cannabis Inc.
  • Canopy Growth Corp.
  • CBD American Shaman LLC
  • CV Sciences Inc.
  • Elixinol Global Ltd.
  • ENDOCA BV
  • Gaia Botanicals LLC
  • Isodiol International Inc.
  • Medical Marijuana, Inc.
  • NuLeaf Naturals LLC

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’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.