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New York, United States, Aug. 23, 2022 (GLOBE NEWSWIRE) — CBD (cannabinoid) is extracted from cannabis hemp plant leaves, flowers, and stems using two extraction methods, i.e., by removing the CBD and turning it into an isolate and using full-spectrum CBD. Today, hemp-derived CBD oil is used in a range of applications, especially in the medical sector, for pain relief and treating arthritis, joint pain, neuropathic conditions, skin conditions, and other medical conditions. Apart from this, it is used in personal care, supplements, textile, and other industries.
After CBD, Cannabis, and hemp, being legalized in more and more regions are grabbing attention from e-commerce platforms in North America and Europe. Global trend leaning toward shopping for food products, nutritional products, cosmetic products, and pharmaceuticals on e-commerce websites and platforms is one of the significant factors for providing an impetus to the demand for hemp-derived CBD Oil. The Closedown of offline stores against the backdrop of COVID-19 has turned regular offline consumers towards online stores, aiding the increasing demand for hemp-derived CBD Oil on e-commerce platforms. According to our analysis, e-commerce websites across Asia-Pacific and North America have experienced 25{b574a629d83ad7698d9c0ca2d3a10ad895e8e51aa97c347fc42e9508f0e4325d} more traffic and a substantial rise in demand for cosmetic and nutritional products with hemp-derived CBD Oil. Hemp-derived CBD oil sales through e-commerce bring forth a number of opportunities for manufacturers to enhance their revenues and, subsequently, profit margins.
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Impact of COVID-19
As per our analysis, in the first quarter of 2020, the revenues of the hemp-derived CBD Oil manufacturers experienced a 60{b574a629d83ad7698d9c0ca2d3a10ad895e8e51aa97c347fc42e9508f0e4325d} to 80{b574a629d83ad7698d9c0ca2d3a10ad895e8e51aa97c347fc42e9508f0e4325d} increase in the revenue compared to the first quarter of 2019. We also studied factors such as tenures of national lockdowns, impact on hemp cultivation, impact on the supply chain, and availability of human resources. The first quarter of 2020 reported the most significant revenue, due to emergency stockpiling and growing supply through e-commerce platforms. A sharp decline in the prices and stocks of CBD and CBD-based products, including hemp-derived CBD Oil, also resulted in increased sales in the first quarter. Moreover, misconceptions in the market, such as CBD, help in the treatment of COVID-19, and consumption of CBD-based products such as oil reduces the chances of contracting COVID-19, began doing rounds. There are few shops in the U.S and the EU that are still operational amid the pandemic.
It is projected that the market will experience a downward trend in the second quarter due to the factors, such as shut down of businesses in a few parts of the world, lack of human resources in the cultivation, extraction, and production of hemp-derived CBD Oil, and a regulatory watch to avoid sales of the CBD based products (which also impacted the hemp-derived CBD Oil) for the wrong indications. The market is expected to gradually recover in quarter 3 and quarter 4, with the CBD hemp cultivation, extraction, and production becoming functional, considering the impact of the COVID-19 pandemic slows down. The market is expected to fully recover within the next two to three years (mid-2022 to 2023). With this, the global hemp-derived CBD Oil market was valued at USD 873.20 million in 2019 and is projected to grow with a CAGR of 22.3{b574a629d83ad7698d9c0ca2d3a10ad895e8e51aa97c347fc42e9508f0e4325d} to reach USD 3,348.32 by 2026.
Report Scope
| Report Metric | Details |
| Market Size | USD 6.53 Billion by 2030 |
| CAGR | 22.30{b574a629d83ad7698d9c0ca2d3a10ad895e8e51aa97c347fc42e9508f0e4325d} (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Source, Applications, Distribution Channel, Region |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | FOLIUM BIOSCIENCES, Tilray, CHARLOTTE’S WEB, Bluebird Botanicals, CBD American Shaman, Aurora Cannabis, Medix CBD ConnOils, Kazmira, CBDistillery |
| Key Market Opportunities | growing acceptance of cannabis is offering lucrative opportunities for market growth |
| Key Market Drivers | Growing awareness about the healing properties of CBD |
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Market Highlights
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Major companies operating in the hemp-derived CBD oil market are
Market Segmentation
By Source
By Applications
By Distribution Channel
By Region
TABLE OF CONTENTS
1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Hemp-Derived CBD Oil Market Insights
3.1 Market Segmentation
3.2 Industry Impact forces
3.2.1 Growth Drivers
3.2.1.1 Growing Applications of CBD Oil in Skincare Industry
3.2.1.2 Growing R&D Activities
3.2.1.3 Increasing Demand for Hemp-Derived CBD Oil via the E-Commerce platform
3.2.2 Industry Restraints and Challenges
3.2.2.1 Lack of Awareness and Stringent Government Regulations
3.3 Value Chain Analysis
3.3.1 Raw Material Collection
3.3.2 Manufacturing
3.3.3 Testing
3.3.4 Distribution & Sales
3.3.5 Post Sales Review
3.4 Supply Chain Analysis
3.4.1 Raw Material Collection
3.4.2 Production/Extraction & Distribution
3.4.3 Marketing & Sales
3.5 Overview of a Race to Dominate Supply Chain with Governments and Manufacturers as Participants
3.5.1 China to Dominate Hemp Industry
3.5.2 Europe: Presenting a Need to Establish Supply Chain
3.5.3 Canada: New Yet Fastest Growing Hemp Market
3.6 Cost Structure Analysis
3.7 Regulatory Framework
3.8 Porter’s Five forces Analysis
3.8.1 Bargaining Power of Buyers
3.8.2 Threat of Substitution
3.8.3 Threat of New Entrants
3.8.4 Competitive Rivalry
3.9 Market Lineage Outlook
3.9.1 Parent Market
3.9.1.1 Hemp-based CBD market
3.9.2 Ancillary Market
3.9.2.1 Industrial Hemp Market
4 Impact of COVID—19 on Global Hemp-Derived CBD Oil Market
4.1 North America
4.2 Europe
4.3 Asia Pacific
4.4 South America & Middle East & Africa
5 Global Hemp-Derived CBD Oil Market
5.1 by Region
6 Global Hemp-Derived CBD Oil Market by Source
6.1 Market Introduction/Trends
6.2 Inorganic
6.2.1 Market Estimates and Forecast, 2020–2030
6.3 Organic
6.3.1 Market Estimates and Forecast, 2020–2030
7 Global Hemp-Derived CBD Oil Market by Application
7.1 Market Introduction/Trends
7.2 Pharmaceutical & Personal Care
7.2.1 Market Estimates and Forecast, 2020–2030
7.3 Food & Beverages
7.3.1 Market Estimates and Forecast, 2020–2030
7.4 Other
7.4.1 Market Estimates and Forecast, 2020–2030
8 Global Hemp-Derived CBD Oil Market by Distribution Channel
8.1 Market Introduction/Trends
8.2 Retail Pharmacies
8.2.1 Market Estimates and Forecast, 2020–2030
8.3 Online Pharmacies
8.3.1 Market Estimates and Forecast, 2020–2030
8.4 Other
8.4.1 Market Estimates and Forecast, 2020–2030
9 Regional Overview
9.1 Introduction
9.1.1 Market Size &Forecast (Value)
9.2 America
9.2.1 North America
9.2.1.1 The U.S.
9.2.1.1.1 byType
9.2.1.1.2 byEnd User
9.2.1.2 Canada
9.2.1.2.1 byType
9.2.1.2.2 byEnd User
9.2.1.3 Mexico
9.2.1.3.1 byType
9.2.1.3.2 byEnd User
9.2.2 The Central, South America and the Caribbean
9.2.2.1 byType
9.2.2.2 byEnd User
9.2.2.2.1 Brazil
9.2.2.2.1.1 byType
9.2.2.2.1.2 byEnd User
9.2.2.2.2 Argentina
9.2.2.2.2.1 byType
9.2.2.2.2.2 byEnd User
9.2.2.2.3 Rest of Central, South America and the Caribbean
9.2.2.2.3.1 byType
9.2.2.2.3.2 byEnd User
9.3 Europe
9.3.1 Market Size &Forecast (Value)
9.3.2 Western Europe
9.3.2.1 The U.K
9.3.2.1.1 byType
9.3.2.1.2 byEnd User
9.3.2.2 Germany
9.3.2.2.1 byType
9.3.2.2.2 byEnd User
9.3.2.3 France
9.3.2.3.1 byType
9.3.2.3.2 byEnd User
9.3.2.4 Spain
9.3.2.4.1 byType
9.3.2.4.2 byEnd User
9.3.2.5 Italy
9.3.2.5.1 byType
9.3.2.5.2 byEnd User
9.3.2.6 Rest of Western Europe
9.3.2.6.1 byType
9.3.2.6.2 byEnd User
9.3.3 Eastern Europe
9.3.3.1 By Type
9.3.3.2 By End User
9.3.4 Rest of Europe
9.3.4.1 By Type
9.3.4.2 By End User
9.4 Asia Pacific
9.4.1 Market Size & Forecast (Value)
9.4.2 Japan
9.4.2.1 ByType
9.4.2.2 ByEnd User
9.4.3 China
9.4.3.1 ByType
9.4.3.2 ByEnd User
9.4.4 Australia
9.4.4.1 ByType
9.4.4.2 ByEnd User
9.4.5 India
9.4.5.1 ByType
9.4.5.2 ByEnd User
9.4.6 South Korea
9.4.6.1 ByType
9.4.6.2 ByEnd User
9.4.7 Rest of Asia-Pacific
9.4.7.1 ByType
9.4.7.2 ByEnd User
9.5 The Middle East & Africa
9.5.1 The Middle East
9.5.1.1 Market Size &Forecast (Value)
9.5.1.2 Saudi Arabia
9.5.1.2.1 ByType
9.5.1.2.2 ByEnd User
9.5.1.3 The UAE
9.5.1.3.1 ByType
9.5.1.3.2 ByEnd User
9.5.1.4 Qatar
9.5.1.4.1 ByType
9.5.1.4.2 ByEnd-User
9.5.2 Africa
9.5.2.1 Market Size &Forecast (Value)
10 Company Profile
10.1 Tilray
10.1.1 Company Overview
10.1.2 Financial Performance
10.1.3 Recent Developments
10.1.4 Type Portfolio
10.2 CHARLOTTE’S WEB
10.2.1 Company Overview
10.2.2 Financial Performance
10.2.3 Recent Developments
10.2.4 Type Portfolio
10.3 Gaia Botanicals, LLC
10.3.1 Company Overview
10.3.2 Financial Performance
10.3.3 Recent Developments
10.3.4 Type Portfolio
10.4 CBD American Shaman
10.4.1 Company Overview
10.4.2 Financial Performance
10.4.3 Recent Developments
10.4.4 Type Portfolio
10.5 Aurora Cannabis
10.5.1 Company Overview
10.5.2 Financial Performance
10.5.3 Recent Developments
10.5.4 Type Portfolio
10.6 Medix CBD
10.6.1 Company Overview
10.6.2 Financial Performance
10.6.3 Recent Developments
10.6.4 Type Portfolio
10.7 ConnOils
10.7.1 Company Overview
10.7.2 Financial Performance
10.7.3 Recent Developments
10.7.4 Type Portfolio
10.8 Kazmira
10.8.1 Company Overview
10.8.2 Financial Performance
10.8.3 Recent Developments
10.8.4 Type Portfolio
10.9 Others
10.9.1 Company Overview
10.9.2 Financial Performance
10.9.3 Recent Developments
10.9.4 Type Portfolio
Table of Content and Figure @ https://straitsresearch.com/report/hemp-derived-cbd-oil-market/toc
News Media
Global CBD Market to Grow at a Healthy CAGR of 16.7{b574a629d83ad7698d9c0ca2d3a10ad895e8e51aa97c347fc42e9508f0e4325d}
Consumer Preference Drives the CBD Skin Care Products Market despite the Stringent Regulatory Landscape in Many Countries
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New Delhi: Creating and protecting a robust immune program is crucial for leading healthier, wholesome lives, and this is correct now extra than ever. Folks with serious illnesses will need a healthy immune process even far more so to reduce insignificant bacterial infections from turning into more major repercussions. Whilst it is usually recognised that ingesting a wholesome, well balanced diet regime assists produce a sturdy immune system, most men and women are ignorant of the damaging consequences that weak muscle health and fitness can have on immunity.
The connection involving muscle groups, the immune process and ailment administration
Considering that muscle mass are significant for motion and will have to be preserved as we age in purchase to keep power and function, muscle tissue make any difference. There is info that suggests muscle tissue are also concerned in immunological purpose. Compounds generated and introduced by muscle groups are very important for the development, activation, and movement of some immune cells. On top of that, they are crucial suppliers of amino acids that the human body requirements when beneath stress or infected.
Both gentlemen and women’s physiologies alter just after the age of 40. Extra crucially, among the ages of 40 and 80, the physique commences to get rid of muscle mass more quickly-up to 33 per cent additional quickly.
Current research reveals that reduction of muscle mass can add to weakened immunity and infections. Small muscle mass mass and inadequate protein intake may possibly also hinder the body’s response to an injuries or an infection. Every person ought to set their muscle well being to start with in get to steer clear of dropping muscle mass as they age, but people today with chronic ailments will need to be specially watchful. For instance, ailments like diabetic issues, heart sickness, serious lung ailments, and other people can hasten the reduction of muscle mass and reduce electric power.
Can a healthier life style assistance handle muscle health fears? The response is certainly.
Sustaining fantastic health and fitness, supporting muscles, and aiding in blood sugar command all rely on standard physical exercise. Goal for at least 150 minutes of reasonable-intensity physical exercise each and every 7 days.
The added benefits of actual physical training are a great deal! Exploration studies have demonstrated that when we contain bodily activity it will help decrease stomach being overweight, enhances our lipid profile insulin sensitivity, and lowers blood force. A chair obstacle exam is an straightforward way to test your muscle strength, fully grasp your muscle age and adopt any well timed corrective measures. The time you consider to do 5 sit-ups on a chair of approx. height 43 cms (1.4 toes) can tell you your muscle age. For case in point, for males involving 40 and 50 a long time of muscle age it ought to get about 6.8 to 7.5 seconds and for girls the time taken should be 6.9 to 7.4 seconds to carry out the test. To know additional about how the chair problem exam works, 1 can go to www.muscleagetest.in.In addition to doing exercises and adopting wholesome life style behavior, incorporating fantastic nutrition practices into everyday lives is also important.
Retain a well balanced diet regime whole of vegetables, fruits, whole grains, proteins, and healthful fats
Take in sufficient protein-rich food items like rooster, seafood, eggs, nuts, beans or dairy. Older people must goal to try to eat about 15 to 20 grams of protein per key food. On the other hand, adults more than the age of 65 may require much more protein than youthful grown ups – notably all those with a well being setback
Prioritize excellent meals that incorporate micronutrients to assist a nutritious immune process, these as vitamin C, zinc, vitamin E, vitamin A and vitamin D
Finding all the nutrients demanded to properly aid the overall health of your muscle tissues and immune system is not always basic. This is produced substantially far more hard for those people with chronic sicknesses who also have to have to manage their prescriptions and everyday routines and who think they don’t have adequate time to get ready meals and treats in progress. In order to fill in the gaps and warranty adequate nutrient consumption, people can decide on to get disease-particular nutritional dietary supplements as portion of a wholesome life-style programme.