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Published: Dec, 2019 | Pages:
76 | Publisher: Grand View Research
Industry: Pharmaceutical | Report Format: Electronic (PDF)
The Mexico hemp CBD market size is projected to reach USD 275.8 million by 2025, expanding at a revenue-based CAGR of 34.3%, according to a new report by Grand View Research, Inc. The recent approval by the Mexico government for the usage of medical cannabis and cannabidiol-derived products containing less than 1% Tetrahydrocannabinol (THC) is driving the market. In addition, introduction of innovative hemp-derived cannabidiol (CBD) products and increasing adoption of these products due to their health benefits is anticipated to fuel the market growth over the forecast period. The B2C distribution channel will dominate the market in 2019, with a revenue share of 53.1%. The rise in the number of retail and online stores providing hemp-derived products is expected to drive the market over the forecast period. Moreover, the B2B distribution channel is anticipated to witness the fastest growth over the forecast period. An increase in the number of Mexico based companies importing cannabidiol oil for producing finished products such as supplements, personal care and cosmetics, food, and beverages is one of the key factors driving the growth of this segment. Based on end use, the market is segmented into personal use, personal care and cosmetics, food and beverages, nutraceuticals, and others. The personal use segment is anticipated to dominate the market in 2019. Growing demand for CBD oil for relaxation and personal care remedies is a major factor contributing to the growth of this segment. On the other hand, the food and beverage segment is expected to witness the fastest growth over the forecast period. Improving lifestyle and increasing awareness regarding the health benefits of cannabidiol serves as the major factor propelling the growth of this segment over the forecast period. Further key findings from the report suggest: • The hemp CBD market is anticipated to be reach USD 275.8 million by 2025, due to the recent approvals granted by the Mexico government for cannabidiol-based products • The B2C distribution channel is projected to dominate the market with a revenue share of 53.1% in 2019, as there has been a continuous rise in the number of retail and online stores • The food and beverage segment is expected to grow at a fastest rate over the forecast period due to increasing awareness of cannabidiol for wellness purposes • Some of the major players operating in the market are CBD Life, Canopy Growth Corporation, Aurora Cannabis, Elixinol, and HempMeds (Medical Marijuana Inc.).
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.1.1 Information procurement
1.2 Information or Data Analysis
1.3 Market Formulation & Validation
1.3.1 Region Market: CAGR Calculation
1.4 Region Based Segment Share Calculation
1.5 List of Secondary Sources
1.6 List of Primary Sources
Chapter 2 Executive Summary
2.1 Market Summary, Revenue (USD Million)
2.2 Market Summary, Volume (in Kilos)
Chapter 3 Mexico Hemp Cannabidiol (CBD) Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Market Lineage Outlook
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Growing legalization of CBD products
3.3.1.2 Increasing use of CBD-infused products in personal care & cosmetics
3.3.2 Market Restraint Analysis
3.3.2.1 High cost of CBD products
3.3.3 Industry Challenges
3.4 Mexico Cannabidiol (CBD) Market Analysis Tools
3.4.1 Mexico Hemp Cannabidiol (CBD) - Porter's Analysis
3.4.1.1 Threat of New Entrants
3.4.1.2 Bargaining Power of Buyers
3.4.1.3 Competitive Rivalry
3.4.1.4 Bargaining Power of Suppliers
3.4.1.5 Threat of Substitutes
3.4.2 Mexico Hemp Cannabidiol (CBD) - PESTL Analysis
3.5 Opportunity Analysis (2019-2025)
3.6 Penetration & Growth Prospects Mapping
3.7 Product Adoption Pattern Analysis, by End Use
3.8 Regulatory Scenario
3.8.1 Mexico
3.8.1.1 Cultivation/Production
3.8.1.2 Legal Status (CBD & THC)
3.8.1.3 Regulatory Bodies Involved
3.8.1.4 Import/Export Scenario
3.9 Value Chain Analysis
3.9.1 Raw Materials Trends
3.9.1.1 Market price evolution of biomass commodity cost (to processor)
3.9.2 Manufacturing Trends
Chapter 4 Mexico Hemp Cannabidiol (CBD) Market: Distribution Channel Estimates & Trend Analysis
4.1 Segment Dashboard, Revenue (USD Million)
4.2 Segment Dashboard, Volume (in Kilos)
4.3 Mexico Hemp Cannabidiol (CBD) Market, By Distribution Channel Analysis
4.4 Business to Business (B2B)
4.4.1 Business to Business (B2B) Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
4.4.2 Business to Business (B2B) Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
4.5 Business to Consumer (B2C)
4.5.1 Pharmacies
4.5.1.1 Pharmacies Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
4.5.1.2 Pharmacies Market volume estimates and forecasts, 2014 - 2025 (in Kilos)
4.5.2 Online Stores
4.5.2.1 Online Stores Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
4.5.2.2 Online Stores Market volume estimates and forecasts, 2014 - 2025 (in Kilos)
4.5.3 Retail Stores
4.5.3.1 Retail stores Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
4.5.3.2 Retail Stores Market volume estimates and forecasts, 2014 - 2025 (in Kilos)
Chapter 5 Mexico Hemp Cannabidiol (CBD) Market: End Use Estimates & Trend Analysis
5.1 Segment Dashboard, Revenue (USD Million)
5.2 Segment Dashboard, Volume (in Kilos)
5.3 Mexico Hemp Cannabidiol (CBD) Market, By End Use Analysis
5.4 Personal Use
5.4.1 Personal Use Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.4.2 Personal Use Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
5.5 Food & Beverages
5.5.1 Food & Beverages Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.5.2 Food & beverages Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
5.6 Personal Care & Cosmetics
5.6.1 Personal Care & Cosmetics Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.6.2 Personal care & cosmetics Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
5.6.2.1 Skincare
5.6.2.1.1 Skincare Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.6.2.1.2 Skincare Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
5.6.2.2 Others
5.6.2.2.1 Others Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.6.2.2.2 Others Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
5.7 Nutraceuticals
5.7.1 Nutraceuticals Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.7.2 Nutraceuticals Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
5.8 Others
5.8.1 Other End Use Market revenue estimates and forecasts, 2014 - 2025 (USD Million)
5.8.2 Others end use Market Volume estimates and forecasts, 2014 - 2025 (in Kilos)
Chapter 6 Competitive Landscape
6.1 Company Profiles (Cannabis Companies)
6.1.1 Canopy Growth Corporation
6.1.1.1 Company overview
6.1.1.2 Financial performance
6.1.1.3 Product benchmarking
6.1.1.4 Strategic initiatives
6.1.2 Aurora Cannabis
6.1.2.1 Company overview
6.1.2.2 Financial performance
6.1.2.3 Strategic initiatives
6.1.3 ENDOCA
6.1.3.1 Company overview
6.1.3.2 Product benchmarking
6.1.3.3 Strategic initiatives
6.1.4 Elixinol
6.1.4.1 Company overview
6.1.4.2 Product benchmarking
6.1.4.3 Strategic initiatives
6.1.5 CV Sciences, Inc.
6.1.5.1 Company overview
6.1.5.2 Product benchmarking
6.1.5.3 Strategic initiatives
6.1.6 CBD Life
6.1.6.1 Company overview
6.1.6.2 Product benchmarking
6.1.6.3 Strategic initiatives
6.1.7 HempMeds
6.1.7.1 Company overview
6.1.7.2 Product benchmarking
6.1.7.3 Strategic initiatives
6.1.8 JOY Organics
6.1.8.1 Company overview
6.1.8.2 Product benchmarking
List of Tables Table 1 List of secondary sources Table 2 List of primary sources
List of Figures Fig. 1 Market research process Fig. 2 Information procurement Fig. 3 Primary research pattern Fig. 4 Market research approaches Fig. 5 Value chain based sizing & forecasting Fig. 6 QFD modelling for market share assessment Fig. 7 Market formulation & validation Fig. 8 Mexico Hemp Cannabidiol (CBD) market snapshot, 2018 (USD Million) Fig. 9 Mexico Hemp Cannabidiol (CBD) market snapshot, 2018 (in Kilos) Fig. 10 Mexico Hemp Cannabidiol (CBD) market segmentation Fig. 11 Parent Market Outlook Fig. 12 Mexico hemp cannabidiol market driver impact Fig. 13 Mexico hemp cannabidiol market restraints impact Fig. 14 Mexico Hemp Cannabidiol (CBD) - PESTL Analysis Fig. 15 Opportunity analysis (USD Million) Fig. 16 Penetration & growth prospects mapping for Mexico hemp cannabidiol market Fig. 17 Cannabidiol (CBD) Market - Value Chain Analysis Fig. 18 Mexico hemp cannabidiol market, distribution channel outlook: Key takeaways (Revenue) Fig. 19 Mexico hemp cannabidiol market, distribution channel outlook: Key takeaways (Volume) Fig. 20 Mexico Hemp Cannabidiol (CBD) market by distribution channel, 2019 & 2025 (USD Million) Fig. 21 Mexico Hemp Cannabidiol (CBD) market by distribution channel, 2019 & 2025 (in Kilos) Fig. 22 Business to Business (B2B) market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 23 Business to Business (B2B) market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 24 Business to Consumer (B2C) market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 25 Business to Consumer (B2C) market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 26 Pharmacies market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 27 Pharmacies market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 28 Online stores market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 29 Online stores market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 30 Retail stores market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 31 Retail stores market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 32 Mexico Hemp Cannabidiol (CBD) market, end-use outlook: Key takeaways Fig. 33 Mexico Hemp Cannabidiol (CBD) market, end-use outlook: Key takeaways Fig. 34 Mexico Hemp Cannabidiol (CBD) market by end use , 2019 & 2025 (USD Million) Fig. 35 Mexico Hemp Cannabidiol (CBD) market by end use , 2019 & 2025 (in Kilos) Fig. 36 Personal use market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 37 Personal use market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 38 Food & beverages market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 39 Food & beverages market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 40 Personal care & cosmetics market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 41 Personal care & cosmetics market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 42 Skincare market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 43 Skincare market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 44 Others market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 45 Others market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 46 Nutraceuticals market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 47 Nutraceuticals market volume estimates and forecasts, 2014 - 2025 (in Kilos) Fig. 48 Others end use market revenue estimates and forecasts, 2014 - 2025 (USD Million) Fig. 49 Others end use market volume estimates and forecasts, 2014 - 2025 (in Kilos)
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