Japan cannabidiol market size is projected to exhibit a growth rate (CAGR) of 13.30% during 2024-2032. The increasing advances in extraction and purification technologies, which have facilitated the production of high-quality cannabidiol products with improved efficacy and bioavailability, are driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 13.30% |
Cannabidiol (CBD) is a naturally occurring compound found in the cannabis plant. It is one of over a hundred cannabinoids identified in the plant, and it is known for its potential therapeutic benefits. CBD has gained significant attention in the medical and wellness communities for its purported ability to alleviate various health issues, including pain, anxiety, and inflammation. It interacts with the body's endocannabinoid system, which plays a crucial role in regulating various physiological and cognitive processes such as mood, appetite, pain sensation, and memory. Research on CBD is ongoing, and while there is a growing body of evidence supporting its potential benefits, its full range of effects and long-term impacts are still being studied. CBD is available in various forms, including oils, tinctures, edibles, and topical products, and its use has become increasingly popular as more people seek natural alternatives for managing certain health conditions.
The cannabidiol market in Japan has experienced exponential growth in recent years, owing to various factors. Firstly, the increasing awareness regarding the potential therapeutic benefits of CBD has significantly fueled market expansion. Consequently, as more consumers become informed about its purported anti-inflammatory and stress-relieving properties, the demand for CBD-infused products continues to surge. Moreover, the shift in regulatory frameworks in Japan has played a pivotal role in driving the market forward. With the legalization of CBD in numerous regions, both for medical and recreational purposes, there has been a notable boost in the overall acceptance and accessibility of CBD products, fostering a conducive environment for market growth. Furthermore, the mounting preference for natural alternatives and organic remedies has propelled the demand for CBD-based wellness products, as consumers increasingly seek out safer, plant-based options for health and wellness. This has prompted the entry of numerous players in the market, resulting in a competitive landscape characterized by innovative product offerings and diverse applications of CBD across various industries, further stimulating market expansion.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product, source type, grade, and sales type.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes CBD oil, CBD isolates, CBD concentrates, and others.
Source Type Insights:
A detailed breakup and analysis of the market based on the source type have also been provided in the report. This includes marijuana and hemp.
Grade Insights:
The report has provided a detailed breakup and analysis of the market based on the grade. This includes food grade and therapeutic grade.
Sales Type Insights:
A detailed breakup and analysis of the market based on the sales type have also been provided in the report. This includes B2B and B2C.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, and Shikoku Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Products Covered | CBD Oil, CBD Isolates, CBD Concentrates, Others |
Source Types Covered | Marijuana, Hemp |
Grades Covered | Food Grade, Therapeutic Grade |
Sales Types Covered | B2B, B2C |
Regions Covered | Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |