About CBD Plant Nutrients
CBD plant nutrients are macro- and micronutrients that are required for a plant's healthy growth and high yield. These nutrients help the CBD plant grow in general. The global CBD plant nutrients industry is expanding rapidly due to the legalisation of CBD in the majority of countries. These nutrients help the plant grow in general. Nitrogen, phosphorus, and potassium are the basic nutrients, while calcium and Sulphur are secondary nutrients. Zinc, boron, and iron are examples of micronutrients. These CBD plants are used in the pharmaceutical industry to treat chronic diseases. These nutrients are also used in the cosmetics industry. Cannabis sativa, usually referred to as hemp or cannabis, contains the chemical cannabidiol
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The Global market of CBD Plant Nutrients is included more number of player which are provide high number of services so the global market are less competition. In worldwide market of CBD Plant Nutrients the presented companies follow the new launch or innovation of product for increasing their revenue and growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global CBD Plant Nutrients market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Charlotte's Web (United States), Medterra (United States), CBD American Shaman (United States), CBDistillery (United States), Green Roads (United States), EuroChem Group (Switzerland), Nutrien Ltd (United States), CF Industries Holdings, Inc. (United States), ZuariAgroChemicals Ltd. (India) and PhosAgro (Russia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Haifa Chemicals Ltd. (Israel), The Mosaic Company (United States) and Israel Chemicals Limited (Israel).
Segmentation Overview
AMA Research has segmented the market of Global CBD Plant Nutrients market by Type (Nitrogen, Phosphorus, Potassium, Calcium and Sulphur), Application (Agriculture, Pharmaceutical and Others) and Region.
On the basis of geography, the market of CBD Plant Nutrients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Farmer will boost the CBD Plant Nutrients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the CBD Plant Nutrients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category , the sub-segment i.e. Organic will boost the CBD Plant Nutrients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
CBD Plant Nutrients Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Endorsement of Cannabis (CBD) In a Number of Nations Worldwide
- Mounting Use of Cannabinoid (CBD) In the Medical Sector
|
Influencing Trends | - CBD Plant Nutrients Growing Popularity Due To Its Benefits
|
Restraints | - Hard Laws about the Production of CBD by Synthetic Methods
- High Risk of Side Effect
|
Road Blocks / Challenges | - Rigid To Managing Extensive Testing
- Increasing the Pesticide and Insecticide Uses
- Tough To Navigating the Regulatory Environment
|
Gaps & Opportunities | - Enlarged the Demand for These Nutrients among Cannabis Farmers
- Increase Use of Micro and Macro Nutrient for Treatment of Continuing Disorder in Plant
- Increasing Demand to Treatment of Chronic Diseases
|
Market Leaders and their expansionary development strategies
In 2020 Charlotte's Web will acquire Abacus Health Products for a combined 35% market share of CBD in the Food/Drug/Mass Retail Channel. This acquisition combines Charlotte's Web, the market leader in hemp-derived CBD wellness products, with Abacus, the market leader in OTC topical products combining active pharmaceutical ingredients with hemp extract, to form the world's largest vertically integrated hemp-derived CBD Company. The combination benefits Charlotte's Web from the current regulatory environment in the United States, which favours topical- CBD products in the food/drug/mass channel. For Abacus, the acquisition provides the benefits of joining an established and industry-leading platform, as well as benefiting from leading CPG management and brand equity with a low-cost vertical supply chain producing "the world's most trusted hemp extract
In 2021 Your CBD launches oil targeting weight loss without side effects. US-based retailer Your CBD has launched a weight loss cannabidiol (CBD) product. Trim by Sunmed is backed by a "first-of-its-kind" human clinical study, which found that the product's core component, tetrahydrocannabivarin (THCV), suppressed the natural appetite of participants, according to the retailer. Trim can be consumed as a tincture or as a soft gel capsule and should be incorporated into a daily routine that includes a healthy diet and an active lifestyle. It can also improve the effectiveness of exercise and nutrition without requiring any drastic changes, according to the retailer.
Hemp was included in the CSA definition of marijuana and thus subject to the same restrictions as marijuana. Long-standing federal restrictions on hemp cultivation were lifted as part of the 2018 farm bill (Agriculture Improvement Act of 2018, P.L. 115-334). Hemp production is no longer subject to DEA regulation and oversight as a controlled substance, but is now subject to USDA regulation and oversight as an agricultural commodity (USDA). The 2018 farm bill broadened the statutory definition of hemp to include "all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers," as long as the concentration of delta-9 tetrahydrocannabinol (THC; 7 U.S.C. 1639o) is less than 0.3 percent. Cannabis and cannabis derivatives other than hemp are prohibited.
Key Target Audience
CBD Plant Nutrients manufacture, Vendor and Supplier, Investor, New Entrance, Corporate Entities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.