Cannabinoid Hemp Oil Market Report 2025 (Global Edition)

Global Cannabinoid Hemp Oil Market Report 2024 Market Size Split by Type (THC Dominant, (CBD) Dominant, Marijuana-Based, Hemp Based), by Application (Food and Beverages, Personal Care/Cosmetics, Pharm...

Cannabinoid Hemp Oil Market Report Description

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Cannabinoid Hemp Oil Market Insights Video

Competitive Landscape of Cannabidiol (Cbd) Hemp Oil Market

The continuous interaction of established businesses and new entrants in the market defines its competitive landscape. Established businesses control a substantial portion of the market thanks to thorough research. They emphasize branding and product variety. Emerging businesses use innovation to carve out niches and frequently focus on particular (CBD) uses. Strategic relationships and intensive R&D drive competitiveness. Agility and adaptability are essential in the face of changing legislation. The competitive environment is constructed by combining brand awareness, product quality, regulatory compliance, and the capacity to capitalize on shifting consumer trends. 

• December 2022: GoPuff and Charlotte's Web Holdings, Inc. collaborated to distribute the product in Arizona, Illinois, California, and New York. The products distributed comprised topical (CBD) lotions, balms, and tinctures in various strengths.

(Source:www.prnewswire.com/news-releases/charlottes-web-full-spectrum-hemp-cbd-products-launching-nationwide-on-gopuff-301640130.html)

• May 2022: To increase access to (CBD) products in pharmacies, Medical Marijuana, Inc. established a pharmaceutical subsidiary, HM Pharma, in Brazil.

(Source:www.globenewswire.com/en/news-release/2022/05/26/2451328/0/en/Medical-Marijuana-Inc-Launches-Pharma-Subsidiary-in-Brazil-Expands-Access-to-CBD-Products-in-Pharmacies.html)

Top Companies Market Share in Cannabinoid Hemp Oil Industry: (In no particular order of Rank)

• Canopy Growth Corporation
• The Cronos Group
• Tilray
• Hexo
• CannTrust
• Aurora Cannabis Inc
• GW Pharmaceuticals plc.
• VIVO Cannabis Inc.
• Alkaline88
• LLC.
• NewAge Inc.
• Cannara
• Dixie Brands
• KANNAWAY LLC
• The Supreme Cannabis Company
• Inc
• CANNABIS Aphria
• CURA CS
• LLC
• KAZMIRA
• Curaleaf
• CannazALL (US)
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

The North American Cannabinoid Hemp Oil Market Dominate the Largest Share of Global Market

According to Cognitive Market Research, North America dominated the market in 2022 and accounted for a share of more than 45% of the global revenue due to several variables. First, North America has led the way in legal (CBD) advances, with the United States' early legalization of its usage in several states. This regulatory lucidity created a favorable environment for the growth of (CBD)-related enterprises. In addition, the established customer base in the area, which has a significant interest in health and wellness trends, has welcomed (CBD) products for their possible medicinal advantages. The availability and acceptance of (CBD) products were made possible by strong distribution networks, cutting-edge e-commerce infrastructure, and an innovation-friendly society. Additionally, the region's active research initiatives and customers' openness to experimenting with complementary treatments further cemented its market supremacy. These factors have helped North America take the lead in manufacturing, using, and adopting (CBD) products.

The market is expanding the quickest in the Asia Pacific region. Despite initial regulatory difficulties, (CBD) has quickly gained popularity due to changing perceptions of its possible health advantages. Demand is driven by rising disposable incomes, evolving lifestyles, and a growing fascination with holistic wellness. Additionally, the industry is growing quickly thanks to developments in e-commerce and a younger audience accustomed to digital platforms. The large population in the area provides a sizable consumer base. The Asia Pacific area stands out as a rising hotspot for (CBD) industry expansion as laws continue to change and awareness grows.

The current report Scope analyzes Cannabinoid Hemp Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Cannabinoid Hemp Oil Market Analysis

Type Segment Analysis

According to Cognitive Market Research, (CBD)-dominant products are the most popular and sought-after among those connected with the Cannabidiol (CBD) hemp oil market. Compared to other cannabinoids, such as tetrahydrocannabinol (THC), these products' (CBD) concentrations are higher. Due to their potential therapeutic benefits without producing the euphoric symptoms associated with THC, (CBD)-dominant products have become increasingly popular.

As the second most popular category, hemp-based products occupy a substantial space in the Cannabidiol (CBD) hemp oil industry. Industrial hemp plants, which naturally have higher quantities of (CBD) and lower levels of THC, are used to make hemp-based (CBD) products. These goods have a well-balanced cannabinoid profile, giving customers access to (CBD)'s potential advantages without the psychoactive effects of THC.

• THC Dominant
• (CBD) Dominant
• Marijuana-Based
• Hemp Based

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cannabinoid Hemp Oil Industry. Request a Free Sample PDF!

Application Segment Analysis

According to Cognitive Market Research, "Food and Beverages" stands out among the offered product categories as being the most popular on the market. This category includes a wide range of edible goods added or supplemented with particular qualities, such as flavor, nutrition, or functional advantages. As customers look for items that match their dietary preferences, health objectives, and sensory experiences, food and beverages with unique qualities have become extremely popular.

"Personal Care/Cosmetics" is the second most popular category in the market. A wide range of goods are featured in this section that are made to improve personal grooming practices and aesthetic experiences. With potential advantages like hydration, anti-inflammatory qualities, and antioxidant effects, (CBD) has made its way into formulations for skincare, haircare, and cosmetic products.

• Food and Beverages
• Personal Care/Cosmetics
• Pharma and Nutraceuticals
• Industrial Application

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Cannabinoid Hemp Oil Product Type Segment Analysis

"Blended" products are the most popular on the market when viewed in the context of the offered product categories. A blend of several components or substances that is purposefully combined to produce a special and improved experience is referred to as a blended product. Customers who want a harmonic synthesis of attributes from multiple sources like these products. From blended food and drink items to fragrances and cosmetics, blended products can cover a wide range of goods.

According to Cognitive Market Research, the second most popular category on the market, "original" products occupy a substantial space. These goods are distinguished by their authenticity and purity, frequently keeping closely to the traditional or fundamental characteristics that identify a specific item. Customers looking for a genuine, unadulterated experience that stays true to its origins are drawn to original products.

• Original
• Blended

Cannabinoid Hemp Oil Product Industry Segment Analysis

According to Cognitive Market Research, the "Unflavoured" product category leads the list of available product categories as the one utilized most frequently on the market. Unflavoured goods don't have any additional flavors, letting their intrinsic and natural attributes stand out. Customers looking for authenticity and a pure sensory experience love these products.

The second most popular category on the market, "flavored" goods, occupies a substantial space. Products that have been given a flavoring usually do so to improve the product's sensory appeal. These goods appeal to shoppers looking for variety, thrills, and a light-hearted spin on traditional goods. Various goods can be categorized as flavorful, including foods, drinks, supplements, and even scented goods like candles and cosmetics.

• Unflavoured
• Flavoured

Cannabinoid Hemp Oil Distribution Channel Segment Analysis

When viewed in the context of the offered product categories, "Direct" products are the most popular on the market. Direct products are distinguished by their simple and direct nature, where customers interact with the main service or experience directly. People looking for a seamless, unmediated encounter with the intended goal prefer these products. The range of direct offerings includes everything from communication and services to shopping and entertainment.

According to Cognitive Market Research, the second most popular category on the market, "indirect" goods have a major place. Indirect products are distinguished by their multi-layered, mediated nature, which includes intermediary processes or components that enhance the overall experience. Customers who want more depth, intricacy, and context in their interactions will find these goods appealing.

• Direct
• Indirect

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion