"The consistent Cannabidiol (CBD) Vape Juice Market report encompasses all market shares and strategies of major competitors or key market players. Detailed profiles of major manufacturers and importers leading the market are included. Various parameters throughout the report analyze the market status comprehensively. Additionally, the market report provides an extensive study of present and upcoming market opportunities, shedding light on future investments in the market. Therefore, adopting the Cannabidiol (CBD) Vape Juice Market research report is crucial to gain a competitive advantage and succeed in the market.
The superior Cannabidiol (CBD) Vape Juice Market research report offers a comprehensive analysis of market drivers, restraints, threats, and opportunities, addressing lucrative investment options for market players in the coming years. Analysts provide estimates at both global and regional levels. The report evaluates market size, revenue generated from sales, and technologies across various application segments. Widespread intelligence studies explore nearly every aspect of the global market, offering extensively researched and analyzed data and information in the large-scale Cannabidiol (CBD) Vape Juice Market report. This guides market players to improve their business planning and ensure long-term success.
Rising disposable income, growing consumption per capita, and changing dietary style of consumers across the globe are the major factors fostering the growth of the global cannabidiol (CBD) vape juice market. Changing lifestyles and rising awareness about cannabidiol (CBD) vape juice's health benefits are other factors that may act as market growth determinants. Increasing demand for e-liquid and e-cigarettes will further create lucrative opportunities for growth in the global cannabidiol (CBD) vape juice market.
Data Bridge Market Research analyses that the global cannabidiol (CBD) vape juice market, was valued at USD 2,865.75 million, by 2022 and is expected to reach the value of USD 73,984.32 billion by 2030, at a CAGR of 58.7% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Explore Further Details about This Research Cannabidiol (CBD) Vape Juice Market Report https://www.databridgemarketresearch.com/reports/global-cbd-vape-juice-market
Cannabidiol (CBD) Vape Juice Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015-2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Product Type (Full Spectrum Vape Juice, Broad Spectrum Vape Juice, CBD Isolate Vape Juice), Source (Hemp and Marijuana), Strain (Indica, Sativa, And Hybrid), Propylene Glycol (VG) and Vegetable Glycerin (PG) Ratio (50/50 VG and PG Ratio, 60/40 VG and PG Ratio, 70/30 VG and PG Ratio), Category (THC Detectable, THC Non-Detectable, and No THC), Dose (High, Medium and Low), Flavour (Flavoured and Flavourless), Test Performed (Tested For Potency and Tested For Purity), Packaging Size (>30ML, 30ML-60ML, 60ML-100ML, UPTO 1000ML), Distribution Channel (Online, Wellness and Natural Product Stores and Medical Marijuana Dispensaries) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | CBDfx (U.S.), HempBombs (U.S.), Koi CBD(U.S.), Savage CBD (U.S.), ERTH WELLNESS (U.S.), Hemplucid (U.S.), VaporFi(U.S.), JustCBD(U.S.), NU-X CBD(China), Le petit vapoteur(France), Pure CBD Vapors (U.S.), Vape Dinner Lady (Germany), CBD GENESIS (U.S.), Malaya Hemp (Malaysia), Blue Moon Hemp (U.S.), FUSION CBD PRODUCTS (U.S.), Marry Jane (Canada) |
Market Opportunities |
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CBD vape juices, also known as CBD e-liquid or CBD vape oil, are liquids containing CBD used in e-cigarettes. These liquids are vaporized by the e-cigarette. When consumers inhale the vape juice, cannabidiol (CBD) enters their lungs, infusing the CBD into the bloodstream. CBD vape juices contain a few simple ingredients such as PG (propylene glycol), VG (vegetable glycerin), CBD extract, and the flavors used in e-liquids.
Global Cannabidiol (CBD) Vape Juice Market Dynamics
Drivers
- Increasing Health Benefits by the Usage of Cannabidiol (CBD) Vape Juice
The cannabidiol (CBD) vape juice is manufactured from the non-intoxicating extract of marijuana or hemp, which is mainly prescribed for relief from intractable pain. Along with this, cannabidiol (CBD) vape juice helps treat the anxiety problems that have become among human beings nowadays due to the increased level of stress. The recreational benefits of the marijuana plants from which the cannabidiol (CBD) vape juice is extracted help improve the quality of the cannabidiol (CBD) vape juice.
Due to the increasing health benefits of using cannabidiol (CBD) vape juice, the manufacturers of cannabidiol (CBD) vape juice are enhancing the level of extraction to fulfil the increased demand.
- Growing Demand for Cannabidiol (CBD) Vape Juice in the Medical Industry
Cannabidiol (CBD) vape juice has been considered the most advanced product in the treatment of epilepsy. The CBD is also used for anxiety, pain, and muscle disorders called dystonia, Parkinson's, Crohn's, and many other conditions. The therapeutic benefit of cannabidiol (CBD) vape juice involves the potential of terpenes and other cannabis phytochemicals, which provides various health benefits. Medical agencies are studying the natural benefits of CBD. As the cannabidiol (CBD) vape juice is considered a natural remedy that is considered to be powerful and safe for the treatment of various health issues.
Opportunity
- Growing Incidence of Psychological Disorders
There is an increase in incidences of psychological disorders such as anxiety disorders, including panic disorder, obsessive-compulsive disorder phobias, and depression.
Psychological disorders are characterized by loss of interest or pleasure, sadness, feelings of guilt or low self-worth, poor concentration, disturbed sleep or appetite, and tiredness. People with depression may also have multiple physical complaints with no apparent physical cause. Depression can be recurrent or long-lasting. Also, depression can adversely affect people's ability to function at school or work and cope with daily life. At its most severe, depression can lead to suicide.
What insights readers can gather from the Cannabidiol (CBD) Vape Juice Market report?
- Learn the behavior pattern of every Cannabidiol (CBD) Vape Juice Market -product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global Cannabidiol (CBD) Vape Juice Market landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
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