CBD Consumer Health Market Size, Share & Trends Analysis Report By Product (Medical OTC Products, Nutraceuticals), By Distribution Channels (Retail Pharmacies, Retail Stores, Online), By Region, And Segment Forecasts, 2023 - 2030

PUBLISHED: October 4, 2023

PAGES: 183 Pages

DELIVERY TIME: 2-10 business days

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The global CBD consumer health market size is anticipated to reach USD 61.17 billion by 2030, according to a new report by Grand View Research, Inc.. The market is projected to grow at a CAGR of 18.1% from 2023 to 2030. The growing adoption of cannabidiol (CBD) as a consumer health product due to increasing awareness about the health benefits of CBD and rise in the number of countries legalizing these products are the key factors driving the growth. Furthermore, the changing buyer perception and attitude toward cannabidiol products is an important factor bolstering the revenue growth.

Based on product type, nutraceuticals dominated the market with a revenue share of 62.4% in 2019. Rising awareness regarding cannabidiol, changing user preferences from chemical-based ingredients to organic ingredients in dietary supplements, and favorable government initiatives for hemp-derived cannabidiol are the key factors driving the growth. The segment is anticipated to witness the fastest CAGR during the forecast period, owing to an increase in the consumption of CBD-based nutraceutical products in health and wellness, sports nutrition, weight management, and other fields.

Based on distribution channels, retail pharmacies dominated the market for cannabidiol consumer health in 2019. An increase in the number of companies selling their products via retail pharmacies is fueling the growth of the segment. However, the online stores segment is anticipated to witness fastest growth over the forecast period. This can be attributed to the increase in penetration of e-commerce, rising demand for CBD-infused products, preference of consumers for buying CBD online, and easy availability of these products in emerging markets.

North America dominated the market in 2019, with a revenue share of 59.8%. The growing awareness about the medical benefits of CBD among consumers has resulted in greater sales of online and retail sales in the region. On the other hand, Europe is expected to be the fastest-growing region, owing to an increase in consumption, rising awareness, positive attitudes regarding CBD products, and strategic investments by major companies in the region.

CBD Consumer Health Market Report Highlights:

Nutraceuticals dominated the market in 2022 with a revenue share of 60%, owing to the changing consumer preferences from chemical-based ingredients to organic and herbal ingredients in dietary supplements
Online stores is anticipated to be the fastest-growing distribution channel segment over the forecast period, owing to the increase in penetration of e-commerce and the rising number of players offering their products online
North America dominated the CBD consumer health market for cannabidiol consumer health products, with a revenue share of around 70% in 2022.

Product Code: GVR-4-68038-762-9

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
- 1.1.1. Product Type
- 1.1.2. Distribution channel
- 1.1.3. Regional scope
- 1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
- 2.2.1. Product type outlook
- 2.2.2. Distribution channel outlook
- 2.2.3. Regional outlook
2.3. Competitive Insights

Chapter 3. Cannabidiol (CBD) Consumer Health Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
3.4. Cannabidiol (CBD) Consumer Health Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
  - 3.4.1.1. Supplier power
  - 3.4.1.2. Buyer power
  - 3.4.1.3. Substitution threat
  - 3.4.1.4. Threat of new entrant
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Technological landscape
  - 3.4.2.3. Economic Landscape

Chapter 4. Cannabidiol (CBD) Consumer Health: Product Type Estimates & Trend Analysis

4.1. Cannabidiol (CBD) Consumer Health Market: Key Takeaways
4.2. Cannabidiol (CBD) Consumer Health Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Medical OTC Products
- 4.3.1. Medical OTC products market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.2. CBD Analgesic Products
  - 4.3.2.1. CBD analgesic products market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.3. CBD Dermatology Products
  - 4.3.3.1. CBD dermatology products market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.4. CBD Mental Health Products
  - 4.3.4.1. CBD mental health products market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.5. CBD Sleeping Aids Products
  - 4.3.5.1. CBD sleeping aids products market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.6. Other OTC Products
  - 4.3.6.1. Other OTC products market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Nutraceuticals
- 4.4.1. Nutraceuticals market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2. CBD Vitamins and Dietary Supplements (VDS)
  - 4.4.2.1. CBD vitamins and dietary supplements (VDS) market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3. CBD Sports Nutrition
  - 4.4.3.1. CBD sports nutrition market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.4. CBD Weight Management and Wellbeing
  - 4.4.4.1. CBD weight management and wellbeing market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 5. Cannabidiol (CBD) Consumer Health: Distribution Channel Estimates & Trend Analysis

5.1. Cannabidiol (CBD) Consumer Health Market: Key Takeaways
5.2. Cannabidiol (CBD) Consumer Health Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Retail Pharmacies
- 5.3.1. Retail pharmacies market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Online
- 5.4.1. Online market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Retail Stores
- 5.5.1. Retail stores market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 6. Cannabidiol (CBD) Consumer Health Market: Regional Estimates & Trend Analysis

6.1. Regional Outlook
6.2. Cannabidiol (CBD) Consumer Health Market by Region: Key Takeaways
6.3. North America
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.3.2. U.S.
  - 6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.3.3. Canada
  - 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4. Europe
- 6.4.1. UK
  - 6.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.2. Germany
  - 6.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.3. France
  - 6.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.4. Italy
  - 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.5. Spain
  - 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.6. Sweden
  - 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.7. Norway
  - 6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.8. Denmark
  - 6.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5. Asia Pacific
- 6.5.1. Japan
  - 6.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.2. China
  - 6.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.3. India
  - 6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.4. Australia
  - 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.5. Thailand
  - 6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.6. South Korea
  - 6.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6. Latin America
- 6.6.1. Brazil
  - 6.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.6.2. Mexico
  - 6.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.6.3. Argentina
  - 6.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7. MEA
- 6.7.1. Saudi Arabia
  - 6.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7.2. South Africa
  - 6.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7.3. UAE
  - 6.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7.4. Kuwait
  - 6.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
- 7.2.1. Elixinol Global Limited
  - 7.2.1.1. Company overview
  - 7.2.1.2. Financial performance
  - 7.2.1.3. Product benchmarking
  - 7.2.1.4. Strategic initiatives
- 7.2.2. ENDOCA
  - 7.2.2.1. Company overview
  - 7.2.2.2. Financial performance
  - 7.2.2.3. Product benchmarking
  - 7.2.2.4. Strategic initiatives
- 7.2.3. NuLeaf Naturals LLC
  - 7.2.3.1. Company overview
  - 7.2.3.2. Financial performance
  - 7.2.3.3. Product benchmarking
  - 7.2.3.4. Strategic initiatives
- 7.2.4. Kazmira
  - 7.2.4.1. Company overview
  - 7.2.4.2. Financial performance
  - 7.2.4.3. Product benchmarking
  - 7.2.4.4. Strategic initiatives
- 7.2.5. Charlotte's Web
  - 7.2.5.1. Company overview
  - 7.2.5.2. Financial performance
  - 7.2.5.3. Product benchmarking
  - 7.2.5.4. Strategic initiatives
- 7.2.6. Joy Organics
  - 7.2.6.1. Company overview
  - 7.2.6.2. Financial performance
  - 7.2.6.3. Product benchmarking
  - 7.2.6.4. Strategic initiatives
- 7.2.7. Lord Jones
  - 7.2.7.1. Company overview
  - 7.2.7.2. Financial performance
  - 7.2.7.3. Product benchmarking
  - 7.2.7.4. Strategic initiatives
- 7.2.8. Medical Marijuana Inc
  - 7.2.8.1. Company overview
  - 7.2.8.2. Financial performance
  - 7.2.8.3. Product benchmarking
  - 7.2.8.4. Strategic initiatives
- 7.2.9. CV Sciences Inc
  - 7.2.9.1. Company overview
  - 7.2.9.2. Financial performance
  - 7.2.9.3. Product benchmarking
  - 7.2.9.4. Strategic initiatives
- 7.2.10. Isodiol International Inc
  - 7.2.10.1. Company overview
  - 7.2.10.2. Financial performance
  - 7.2.10.3. Product benchmarking
  - 7.2.10.4. Strategic initiatives

Product Code: GVR-4-68038-762-9

List of Tables

Table 1 List of Abbreviations
Table 2 North America cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 3 North America cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 4 North America cannabidiol (CBD) consumer health market, by region, 2018 - 2030 (USD Million)
Table 5 U.S. cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 6 U.S. cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 7 Canada cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 8 Canada cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 9 Europe cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 10 Europe cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 11 Europe cannabidiol (CBD) consumer health market, by region, 2018 - 2030 (USD Million)
Table 12 Germany cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 13 Germany cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 14 UK cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 15 UK cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 16 France cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 17 France cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 18 Italy cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 19 Italy cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 20 Spain cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 21 Spain cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 22 Sweden cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 23 Sweden cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 24 Norway cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 25 Norway cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 26 Denmark cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 27 Denmark cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 28 Asia Pacific cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 29 Asia Pacific cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 30 Asia Pacific cannabidiol (CBD) consumer health market, by region, 2018 - 2030 (USD Million)
Table 31 China cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 32 China cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 33 Japan cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 34 Japan cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 35 India cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 36 India cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 37 Australia cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 38 Australia cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 39 Thailand cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 40 Thailand cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 41 South Korea cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 42 South Korea cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 43 Latin America cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 44 Latin America cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 45 Latin America cannabidiol (CBD) consumer health market, by region, 2018 - 2030 (USD Million)
Table 46 Brazil cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 47 Brazil cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 48 Mexico cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 49 Mexico cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 50 Argentina cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 51 Argentina cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 52 Middle East and Africa cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 53 Middle East and Africa cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 54 Middle East and Africa cannabidiol (CBD) consumer health market, by region, 2018 - 2030 (USD Million)
Table 55 South Africa cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 56 South Africa cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 57 Saudi Arabia cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 58 Saudi Arabia cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 59 UAE cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 60 UAE cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)
Table 61 Kuwait cannabidiol (CBD) consumer health market, by product type, 2018 - 2030 (USD Million)
Table 62 Kuwait cannabidiol (CBD) consumer health market, by distribution channel, 2018 - 2030 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Cannabidiol (CBD) consumer health: Market outlook
Fig. 9 Cannabidiol (CBD) consumer health: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Cannabidiol (CBD) consumer health market driver impact
Fig. 15 Cannabidiol (CBD) consumer health market restraint impact
Fig. 16 Cannabidiol (CBD) consumer health market strategic initiatives analysis
Fig. 17 Cannabidiol (CBD) consumer health market: Product Type movement analysis
Fig. 18 Cannabidiol (CBD) consumer health market: Product Type outlook and key takeaways
Fig. 19 Medical OTC products market estimates and forecasts, 2018 - 2030
Fig. 20 Nutraceuticals market estimates and forecasts, 2018 - 2030
Fig. 21 Cannabidiol (CBD) consumer health market: Distribution channel movement analysis
Fig. 22 Cannabidiol (CBD) consumer health market: Distribution channel outlook and key takeaways
Fig. 23 Retail pharmacies market estimates and forecasts, 2018 - 2030
Fig. 24 Online market estimates and forecasts, 2018 - 2030
Fig. 25 Retail stores market estimates and forecasts, 2018 - 2030
Fig. 26 Global cannabidiol (CBD) consumer health market: Regional movement analysis
Fig. 27 Global cannabidiol (CBD) consumer health market: Regional outlook and key takeaways
Fig. 28 North America market estimates and forecasts, 2018 - 2030
Fig. 29 U.S. market estimates and forecasts, 2018 - 2030
Fig. 30 Canada market estimates and forecasts, 2018 - 2030
Fig. 31 Europe market estimates and forecasts, 2018 - 2030
Fig. 32 UK market estimates and forecasts, 2018 - 2030
Fig. 33 Germany market estimates and forecasts, 2018 - 2030
Fig. 34 France market estimates and forecasts, 2018 - 2030
Fig. 35 Italy market estimates and forecasts, 2018 - 2030
Fig. 36 Spain market estimates and forecasts, 2018 - 2030
Fig. 37 Sweden market estimates and forecasts, 2018 - 2030
Fig. 38 Norway market estimates and forecasts, 2018 - 2030
Fig. 39 Denmark market estimates and forecasts, 2018 - 2030
Fig. 40 Asia Pacific market estimates and forecasts, 2018 - 2030
Fig. 41 Japan market estimates and forecasts, 2018 - 2030
Fig. 42 China market estimates and forecasts, 2018 - 2030
Fig. 43 India market estimates and forecasts, 2018 - 2030
Fig. 44 Australia market estimates and forecasts, 2018 - 2030
Fig. 45 Thailand market estimates and forecasts, 2018 - 2030
Fig. 46 South Korea market estimates and forecasts, 2018 - 2030
Fig. 47 Latin America market estimates and forecasts, 2018 - 2030
Fig. 48 Brazil market estimates and forecasts, 2018 - 2030
Fig. 49 Mexico market estimates and forecasts, 2018 - 2030
Fig. 50 Argentina market estimates and forecasts, 2018 - 2030
Fig. 51 Middle East and Africa. market estimates and forecasts, 2018 - 2030
Fig. 52 Saudi Arabia market estimates and forecasts, 2018 - 2030
Fig. 53 South Africa market estimates and forecasts, 2018 - 2030
Fig. 54 UAE market estimates and forecasts, 2018 - 2030
Fig. 55 Kuwait market estimates and forecasts, 2018 - 2030