Global CBD Plant Nutrients Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Macronutrients and Micronutrients.

By Category;

Conventional and Organic.

By Application;

Drenching, Fertigation, and Foliar.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn341304198 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global CBD Plant Nutrients Market (USD Million), 2020 - 2030

In the year 2023, the Global CBD Plant Nutrients Market was valued at USD 4,155.93 million. The size of this market is expected to increase to USD 64,517.62 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 48.0%.

CBD plant nutrients play a crucial role in promoting healthy growth and maximizing yields of CBD plants. These nutrients, including macro and micro-nutrients like nitrogen, phosphorus, and potassium, are essential for overall plant development. As the demand for CBD consumption increases due to its potential benefits in alleviating anxiety, pain, inflammation, and depression, there is a corresponding rise in the need for effective plant nutrients that can enhance the yield and quality of CBD plants. The nutritional requirements of CBD plants are comparable to those of crops like corn, emphasizing the importance of critical nutrients like nitrogen and potassium throughout various stages of the plant's life cycle.

The growing inclusion of CBD in commercial products, industrial applications, and pet food contributes to the expansion of the CBD market. Legalization of hemp production in many countries worldwide is expected to further drive the global CBD market's growth. This legalization provides opportunities for increased cultivation of hemp and production of CBD-rich products. Additionally, ongoing research on cannabinoids and increasing acceptance of cannabis in Asian countries present promising growth prospects for CBD cultivators, opening up new markets and avenues for the industry.

The demand for CBD plant nutrients is fueled by the increasing popularity of CBD consumption and its incorporation into various products. This trend underscores the importance of optimizing plant nutrition to achieve high-quality CBD yields. With the expanding legalization of hemp production globally and growing acceptance of cannabis-related products, the CBD market is poised for significant growth. Ongoing research efforts and evolving regulations in Asian countries are expected to further propel the expansion of the CBD industry, offering attractive opportunities for CBD cultivators and businesses.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Category
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global CBD Plant Nutrients Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growing Legalization of Cannabis Cultivation
        2. Rising Demand for Organic and Sustainable Agriculture
        3. Expansion of the Hemp and CBD Industry
      2. Restraints:
        1. Perception and Stigma Associated with Cannabis Cultivation
        2. Competition from Conventional Agriculture Inputs
        3. Emerging Market Risks and Regulatory Barriers
      3. Opportunities:
        1. Expanding Legalization of Cannabis and CBD Products
        2. Increasing Demand for High-Quality CBD Extracts
        3. Growth of Organic and Sustainable Agriculture Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global CBD Plant Nutrients Market, By Type, 2022 - 2032 (USD Million)
      1. Macronutrients
      2. Micronutrients
    2. Global CBD Plant Nutrients Market, By Category, 2022 - 2032 (USD Million)
      1. Conventional
      2. Organic
    3. Global CBD Plant Nutrients Market, By Application, 2022 - 2032 (USD Million)
      1. Drenching
      2. Fertigation
      3. Foliar
    4. Global CBD Plant Nutrients Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. EuroChem Group
      2. Sociedad Qumica y Minera de Chile
      3. Nutrien Ltd
      4. CF Industries Holdings, Inc
      5. ZuariAgroChemicals Ltd
      6. PhosAgro
      7. Haifa Chemicals Ltd
      8. The Mosaic Company
      9. Israel Chemicals Limited
      10. Yara International ASA
  7. Analyst Views
  8. Future Outlook of the Market

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