Cannabis Oil Market Size 2022 Reach USD 3287.63 Million by 2028

5 min readPublished On: September 30th, 2022By

PUNE – “cannabis oil Market” research report focus on overall information that can help to take decisions on current market situation. Cannabidiol is extracted from cannabis or hemp, but more specifically from hemp due to its naturally high CBD content. The product is often mistaken for its psychoactive counterpart tetrahydrocannabinol (THC) extracted from the same plant. It has several benefits in treating anxiety, helping prevent seizures, and inflammation, and reducing pain. The market is evolving faster due to its increasing utilization in the cosmetics, food, and pharmaceuticals industry. The market exhibits immense growth potential as consumers are becoming aware about the benefits possessed by the product.

cannabis oil Market Report Contains: 

  • Complete overview of the global cannabis oil Market
  • Cannabis Oil Market Size was estimated at USD 547.40 million in 2021 and is projected to reach USD 3287.63 million by 2028, exhibiting a CAGR of 29.19% during the forecast period.
  • Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional cannabis oil markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
  • Description and analysis of cannabis oil market potential by type, Deep Dive, disruption, application capacity, end use industry
  • impact evaluation of most important drivers and restraints, and dynamics of the global cannabis oil market and current trends in the enterprise
  • Detailed profiles of the Top major players in the industry, including. Select Oil,K.I.N.D. Concentrates,Canopy Growth Corporation,Aphria,Emblem Cannabis Oils,Whistler,The Lab,Absolute Terps

cannabis oil Market Segmentation: 

researcher’s latest report provides a deep insight into the global cannabis oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

Here’s a list of some of the potential health and medicinal benefits of using it, all based on research and actual human consumption: Cancer prevention, Treating and reducing some cancers, Multiple Sclerosis, Epilepsy, Asthma, Rheumatism, Diabetes, High blood pressure, Chronic pain and pain, Inflammation, Eczema and dry skin, Glaucoma, Stress, Anxiety, Depression, Addiction, Insomnia, Anorexia and dramatic weight loss, Obesity.

Legality of cannabis oil differs in different regions. Currently, there are mainly eight suppliers, including Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab and Absolute Terps. Select Oil is the market leader, with about 21% market shares.

Global major cannabis oil production regions are USA, Canada and Europe. Canada is the largest production region, accounting for 52%

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Cannabis Oil Market

Researcher’s latest report provides a deep insight into the global Cannabis Oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cannabis Oil Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cannabis Oil market in any manner.

Global Cannabis Oil Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

cannabis oil Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.

Market Segmentation (by Type)

  • Organic Cannabis Oil
  • Non-Organic Cannabis Oil

Market Segmentation (by Application)

  • Recreational
  • Medical

Market segment by Region/Country including: –

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
  • South America (Brazil, Argentina, Colombia, etc.)
  • Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

Key Players in the cannabis oil Market: –

  • Select Oil
  • K.I.N.D. Concentrates
  • Canopy Growth Corporation
  • Aphria
  • Emblem Cannabis Oils
  • Whistler
  • The Lab
  • Absolute Terps

Key Benefits of cannabis oil Market Research Report:

  • Types, applications, regions, and key players covered in the study
  • Industry drivers, restraints, and opportunities covered in the study
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Artificial Intelligence AI Chips Market
  • Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report

(This information is primarily sourced from Proficient Market Insights.  Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).

About the Author: News Team

Newsteam at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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