Europe CBD Oil Market is expected to grow with the CAGR of 36.7% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Europe CBD Oil market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Europe CBD Oil market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For Instance, In March 2019, Aurora Cannabis and its wholly-owned subsidiary CanniMed Therapeutics announced to add product information numbers (PINs) to company’s 78 medical cannabis products. This product information numbers will help better track and facilitate insurance coverage for their Canadian patients. The products that received PINs include topical and oils, dried flower, soft gels, and capsules.
Emblem CANNABIS is the dominating player in Europe CBD oil market. The other key players existing in the market includes are Aurora Cannabis, Diamond CBD, ENDOCA, APHRIA Inc., ConnOils, Elixinol Global Limited, Emblem CANNABIS, NuLeaf Naturals, LLC, CBD Ultra Limited, The Original Alternative and others.
Emblem CANNABIS is headquartered in Paris, France. The company is engaged in manufacturing cannabis products such as medical cannabis to its customer. The company provides various products such as oral spay, capsule, dried flower, cannabis oil and accessories in which cannabis oil is market focused product. The company has presence in France.
Aurora Cannbis Inc.
Aurora Cannbis Inc. is headquartered in Canada and founded in 2013 which is engaged in providing CBD products to its customers. The company offers various brands such as consumer brands and medical brands among which medical brands is our market focused category. The company has a wide geographical presence such as U.S. and Europe.
Diamond CBD headquartered in Florida, U.S. The company is involved in manufacturing of CBD product and other products. The company has its presence in U.S. and England. The company provides various products such as oil, edibles, cream, bath & body, drinks, capsule, pets, vapes, raw, smokables. The company has presence in the U.S. and U.K. The company takes various decisions for the business enhancement.
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Aurora Cannbis, Iodiol International Inc., IriHemp are Dominating the Global CBD Oil Market in 2019