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Category Archives: Cbd Oil
CBD Oil Market Growth Trends, Key Players, Analysis, Competitive Strategies and Forecasts to 2026 – News Distinct
Posted: May 15, 2020 at 7:46 am
Medical Marijuana
CBD Oil Market Competitive Analysis:
Consistent technological developments, surging industrialization, raw material affluence, increasing demand for the CBD Oil , and rising disposable incomes, soaring product awareness are adding considerable revenue to the market. According to the report, the CBD Oil market is expected to report a healthy CAGR from 2020 to 2026. Affairs such as product innovations, industrialization, increasing urbanization in the developing and developed countries are likely to boost market demand in the near future.
The report further sheds light on the current and forthcoming opportunities and challenges in the CBD Oil market and provide succinct analysis that assists clients in improving their business gains. Potential market threats, risks, uncertainties, and obstacles are also highlighted in this report that helps market players to lower the possible losses to their CBD Oil business. The report also employs various analytical models such as Porters Five Forces and SWOT analysis to evaluate several bargaining powers, threats, and opportunities in the market.
CBD Oil Market Segments:
Moreover, the leading CBD Oil manufacturers and companies are illuminated in the report with extensive market intelligence. The report enfolds detailed and precise assessments of companies based on their financial operations, revenue, market size, share, annual growth rates, production cost, sales volume, gross margins, and CAGR. Their manufacturing details are also enlightened in the report, which comprises analysis of their production processes, volume, product specifications, raw material sourcing, key vendors, clients, distribution networks, organizational structure, and global presence.
The report also underscores their strategics planning including mergers, acquisitions, ventures, partnerships, product launches, and brand developments. Additionally, the report renders the exhaustive analysis of crucial market segments, which includes CBD Oil types, applications, and regions. The segmentation sections cover analytical and forecast details of each segment based on their profitability, global demand, current revue, and development prospects. The report further scrutinizes diverse regions including North America, Asia Pacific, Europe, Middle East, and Africa, and South America. The report eventually helps clients in driving their CBD Oil business wisely and building superior strategies for their CBD Oil businesses.
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Table of Content
1 Introduction of CBD Oil Market
1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions
2 Executive Summary
3 Research Methodology
3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources
4 CBD Oil Market Outlook
4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis
5 CBD Oil Market, By Deployment Model
5.1 Overview
6 CBD Oil Market, By Solution
6.1 Overview
7 CBD Oil Market, By Vertical
7.1 Overview
8 CBD Oil Market, By Geography
8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East
9 CBD Oil Market Competitive Landscape
9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies
10 Company Profiles
10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments
11 Appendix
11.1 Related Research
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Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyse data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defence, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
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Tags: CBD Oil Market Size, CBD Oil Market Trends, CBD Oil Market Growth, CBD Oil Market Forecast, CBD Oil Market Analysis NMK, Majhi Naukri, Sarkari Naukri, Sarkari Result
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CBD ban: French court decision could impact CBD industry in Europe – Health Europa
Posted: at 7:46 am
Yesterday, Advocate General Tanchev presented his opinion before the Court of Justice of the European Union (CJEU) declaring the French ban on hemp-derived cannabidiol (CBD) contrary to EU law, which could have major implications for the CBD industry in Europe if the Court follows the Advocate Generals opinion.
Currently, Antonin Cohen, former manager of Kanavape, is being prosecuted in France for selling vaping products manufactured with natural CBD. The French regulatory framework currently prohibits the marketing of products derived from the whole plant, and thus of all products containing CBD, whereas the use of synthetic CBD (chemically identical) is generally permitted.
In his opinion, the Advocate General concludes that: [EU law] preclude[s] a Member State from prohibiting the importation of cannabidiol oil from another Member State, where that oil is extracted from the whole hemp plant, and not solely from its fibre and seeds, since, in the current state of scientific knowledge, it has not been established that cannabidiol oil has psychotropic effects.
The Advocate General further advocated for a proportionate regulation of CBD products in Europe which is less restrictive on the free movement of goods (for example through the establishment of a maximum CBD content).
Allen & Overy is representing Cohen in the proceedings for a preliminary ruling before the CJEU (Case C-663/18).
Eveline Van Keymeulen, Head of Allen & Overys Life Sciences Regulatory and Cannabis practices, who is assisting Cohen in the proceedings, said: Should the Court follow the Advocate Generals opinion, its decision will have a significant impact on the CBD industry in Europe, which is losing market share compared to other regions such as the US and Canada, because of the fragmented and inapt legal framework.
As the Courts decision would set a binding precedent with European reach, it would not only require France to adapt its legislation in order to allow the marketing of CBD extracted from the entire hemp plant, but may also force other national regulators to (re)examine existing restrictions related to hemp-derived products in light of the free movement of goods in the EU.
The Advocate Generals opinion is therefore a crucial step towards much needed regulatory harmonisation and legal certainty for the CBD industry in Europe. In addition, a clear and proportionate regulation of CBD-based products will ultimately benefit EU consumers.
The opinion of the Advocate General is available in English (here) and in French (here).
The Courts decision is expected to be rendered from September 2020 onwards. In the vast majority of cases, the Court follows the opinion of the Advocate General.
Antonin Cohen, co-director of Kanavape, said: When we launched our product in 2014, CBD was unknown. Our goal has always been to market a useful and legal product, and we conducted a legal analysis to validate the compliance of CBD. The duration of these proceedings more than five years and the referral to the CJEU demonstrates the lack of clarity in the current regulations, and the need to provide a clear framework for the production and use of CBD in France and Europe.
From a personal point of view, this opinion is a real relief. It is very difficult to combat these legal challenges for so long but I have pursued this approach because it is vital to create clear regulations to protect the health of consumers and to support the competitiveness of French and European companies in a global industry that is growing very fast.
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Opinion: Covid-19 and CBD oil, what to do to protect health – Africa Feeds
Posted: at 7:46 am
With the coronavirus on the rise, everyone needs to stay healthy in order to avoid contracting the disease. People have undergone various methods to strengthen their immune systems to avoid contracting it.
As the vaccine for the virus is still in progress, people have been trying to find a probable cure for the disease. There have also been some talks that CBD oil can actually work on it.
But does CBD oil actually affect people with the coronavirus? And how are we able to protect our health? Well here were going to answer all of these questions.
There have been some talks that CBD oil can actually be a cure for the coronavirus. Though it can provide optimism for people, this story is in fact completely false. CBD is able to remedy a few serious ailments like heart problems, diabetes, or even cancer, but there hasnt been a shred of evidence that it can actually work for Covid-19.
There have been claims that CBD is able to boost the immune system. But some people try to overstretch the truth and say that it can actually become a cure to the disease.
Although CBD oil isnt able to cure Covid-19, it still has its own amazing benefits that actually work. CBD is able to interact with your endocannabinoid system. This is the system that contains certain receptors thats responsible for things like memory and coordination of the body.
The CBD is then able to treat certain problems like pain, inflammation, insomnia, and reduce acne. It can also keep the body in homeostasis which keeps it in optimal condition.
Keeping oneself healthy is a need during this time of crisis. As the coronavirus can mainly infiltrate the bodies of people who are sick or have low immune systems, everyone needs to do their best to be in good shape.
CBD is able to help with this as some of its products can actually boost the immune system. This prevents people from contracting any diseases which can possibly cause them to be prone to getting the virus.
As it also keeps the body in homeostasis, CBD can even help keep the body in top shape.
People have been stressing out due to all the coronavirus news and also because of how their daily lives have been affected by all thats been going on. This stress that everyones been experiencing can eventually cause panic and anxiety. They are in fear of whats going to happen to them and also scared of getting infected by the virus.
In order to calm them down, theyve been doing various things to cope with the stress. One of those ways to relax is through CBD.
Opinion: This is why Coronavirus is that dangerous
As anxiety is the natural response to immense stress, getting too much of it can usually lead to a lot of negative effects both mentally and physically. With the help of CBD oil, constant stress can actually be treated in order to avoid further complications.
CBD is able to interact with the serotonin receptors which causes anxiety when its release of serotonin is quite low. Its able to tweak these neurotransmitters in order to balance the amount of serotonin thats released into the body.
This allows the person to become relaxed and alleviate them from a variety of anxiety-related disorders.
If youre looking for the best CBD oil to treat anxiety, then click learn more.
There are different types of CBD products that are available in the market and it also has various dosage, quality, and other things that will affect the experience in intaking CBD.
One of the most used forms to consume CBD is through CBD oil. To find out more about what the best CBD oils are, go check in The Hempire as theyve compiled a list showing only the best CBD oils.
CBD is one way to keep oneself healthy and protect themselves from getting infected from the coronavirus. Though its always important to stay in shape and avoid going to crowded places at all costs.
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Opinion: Covid-19 and CBD oil, what to do to protect health - Africa Feeds
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Kick Back and Chill With This Huge Sale on Trusted CBD Products – Thrillist
Posted: at 7:46 am
We independently source all of the awesome products and experiences that we feature on Thrillist. If you buy or book from the links on our site, we may receive an affiliate commission which in turn supports our work.
Far be it for us to tell you that you need to chill out, but we're going to go out on a limb and assume you (like us) could use a nice, big dose of calm right now. Fortunately, there couldn't be a better time stock up on the good stuff to help you get there thanks to a site-wide sale on lab-tested, full-spectrum CBD products from the brand CBDistillery.
From now through the June 11, the lauded CBD brand CBDistillery is dropping offering 15% off its entire selection of popular CBD oils, gummies, topical creams, capsules, and morewhen you use code SKIMLINKS15 at checkout.
Navigating the ever-expanding world of CBD can be a bit intimidating, and it can be tough to know if what you're buying is the real deal (or even works), butCBDistillery is one of the most trusted brands on the market. It'sfavored quite highly among many CBD enthusiasts for both value and quality (plus, its products are tested by a third party lab to ensure potency and purity). In other words, if you're looking to start experimenting with CBD to treat some latent anxiety or sleep problems (or a number of other issues), it's a solid purveyor to do it with.
Head to CBDistillery to learn more and explore all the different products they offer. And be sure to use code SKIMLINKS15 at checkout to get 15% off.
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Global CBD Hemp Oil Market Analysis 2020 by Technological Progress, Regional Outlook And Forecast to 2027 – Jewish Life News
Posted: at 7:46 am
The new research report entitled,GlobalCBD Hemp OilMarketshowcases a comprehensive study of the overall industry along with various elements such as future trends, drivers, market growth, opportunities, prospects and limitations inside the respective industry. The report provides a detailed investigation of key industry drivers and restraints. The report fulfills the desired needs of clients by offering them well-established and precisely formulated research data of the globalCBD Hemp Oilmarket. The research acknowledges major industry vendors, key regions, demand & supply, applications, technology, revenue cost, and challenges. The report explains various trends that are expected to shape the future of the market.
NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.
DOWNLOAD FREE SAMPLE REPORT:https://www.fiormarkets.com/report-detail/411566/request-sample
Market Overview:
The report studies the historical data and current condition of industry status and explains it through the market figures, pie charts, diagrams, etc. the document has covered all important regions and countries involved in the globalCBD Hemp Oilmarket. The report presents the regional evaluation to describe unexplored geological markets, create particular strategies for targeted regions and compare the growth of all regional industries. The prominent performance of each player actively functioning in the global market has been assessed. Details about market share, consumption analysis, and growth rate of each player are given. The authors of the report have segmented the global market as per product, application, and region.
Moreover, the report reveals in-depth details of market dynamics, pricing structures, trends, restraints, limitations, demand-supply variations, growth-boosting factors, and market variations. Profitable business plans, including acquiring, mergers, ventures, amalgamations, as well as product launches, and brand promotions are also highlighted in the report. It also provides proficient systematic analytical studies including Porters Five Forces, SWOT analysis, and Probability analysis to review the globalCBD Hemp Oilmarket thoroughly. Additionally, economic factors, differentiable opportunities, revenue shares, technological advancement are widely coated in this study.
Primitive vendors included in the market are:Medical Marijuana, Elixinol, Canopy Growth Corporation, ENDOCA, Isodiol, and among others.
Key regions discovered in this report are:North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
BROWSE COMPLETE REPORT AND TABLE OF CONTENTS:https://www.fiormarkets.com/report/cbd-hemp-oil-market-by-type-pure-cbd-411566.html
Comprehensive Analysis of Market Segment Type, Application:
The report explores various segments of the globalCBD Hemp Oilmarket such as types, applications, regions. The report comprises a comprehensive analysis of each market acknowledging market acceptance, attractiveness, demand, production, and predicted sales revenue by type and by the application. The study gives a comprehensive assessment of the market that includes market size in value and volume by region, manufacturers, kind and application. In short, the report offers a clear overview of the segments and sub-segments of the industry.
Furthermore, the report gives production and sales forecasts for theCBD Hemp Oilmarket, production and consumption forecasts for regional markets, production, sales and price forecasts for the market by type and consumption forecasts for the market per application. It delivers clear perspective on the most affecting driving and restraining forces in the market. The report break the sales data at the country level, with sales, revenue, and market share for key countries in the world to 2020. The anticipated growth rate expected to be recorded by each region over the estimated years has been given within the research report.
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After painful 2-year wait, pandemic may delay Sask. woman’s hip surgery by another 18 months – CBC.ca
Posted: at 7:46 am
Sue Delanoyholdsa large silver tray of pill bottles up to thecamera during a video call.
Anti-inflammatories, painkillers, blood pressure medications, CBD oil and morphine the Saskatoon womantakes themto deal with her aching, severely arthritichips.
"What's this doing my kidneys? My liver?" said Delanoy, who worked for decades helping exploited children, femaleinmates and others.
"I'm only 63 years old. I never used to take anything. I used to camp, bike, ski, swim. This is ridiculous."
She's been waiting for a double hip replacement for more than two years. The worsening pain forced her to retire from her job as executive director of the Saskatchewan Elizabeth Fry Society. She could no longerwalk through the prisons to meet withwomen.
Delanoy was supposed to get the surgery this month, but the COVID-19 pandemic led to thecancellation of all elective procedures.
"I was so excited, but now? Nothing," she said.
Government and health officials recently announced a plan to resume surgeries, beginning with the most urgent.
Delanoy's operation falls into the elective category. No date has been set for those. Her orthopedic surgeon, Dr. Ian Lutz, said in an interview he has more than 100 patients like Delanoywho could be waiting another 18 months.
"And even that, I really don't know. It could be more," Lutz said in an interview Tuesday.
He said he understands why surgeries were delayed, and called the government's COVID-19 response "fantastic." But as hospital officialsattempt to clear the massive backlog, Lutz said those with painful hip arthritisshould be placed in a distinct category.
"It's not just an elective procedure. It really affects people's lives," Lutz said.
Delanoy is not asking for special treatment. Shesaid she's speaking out to show how the surgery waittimes are affecting people.
She wrote last week to Saskatchewan Health Minister Jim Reiterand is waiting to hear back.
"The system isn't working, so you need to highlight what is wrong. This pandemic has given us a chance to reimagine how to do things differently,"said Delanoy, who wasrecently named a YWCA Woman of Distinctionand was given a Saskatchewan Polytechnichonorary diploma in 2015.
In an emailed response, Saskatchewan Health Authority officialssaid decisions about surgeries were made to prevent the spread of COVID-19.
It said the SHA"understands that waiting for these procedures can be difficult for patients.
"We are continually evaluating our readiness to handle current and potential increases in demand for care related to COVID, and considering this within the care needs of all patients."
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Preparing to be seen in public again? Show off these stylish face masks and appearance enhancers – oregonlive.com
Posted: at 7:46 am
Stay-at-home orders gave license to relax grooming habits. Beards grew out and so did gray hair. Dress shirts and makeup were pushed aside for comfy clothes and the barest of skin care products.
Maybe youre loving your hunkered look. Or maybe youre looking to bump up your appearance before returning to being seen again at your favorite restaurant. Or maybe you feel you deserve to be pampered during a pandemic.
Here are ideas to spiff up the way you look, enhance the food you eat and increase your beauty sleep and exercise routine.
Disney has released cloth face masks featuring designs from Star Wars, Avengers, Toy Story and more.Disney
First, a face mask remains a smart accessory. Is it time to upgrade yours?
Disney has Disney, Pixar, Marvel and Star Wars character-theme face masks in small, medium and large (see measuring chart) and the company is donating one million cloth face masks for children and families in underserved and vulnerable communities across the U.S. through MedShare.
Everlanes reusable, non-medical mask is made from double-layer knit and has cotton-Lycra ear loops. For every three-pack produced ($28), a mask is donated to Feeding America to help with COVID-19 relief efforts.
Old Navy has a five pack of reusable, cloth face masks ($12.50) for adults, in assorted colors, prints and patterns.
Uncommongoods has a set of two, kid-designed, reusable rainbow face coverings for $25, with 100% of profits donated to NYC Health + Hospitals.
And Vistaprint has colorful, reusable masks with a 100% cotton anti-allergenic inner layer and a replaceable filter system that blocks airborne contaminants without trapping moisture. The print company says 10% of mask sales will be donated to help small businesses. ($18, free shipping).
B'Inspired Studio is a boutique hair salon and skincare studio founded in 2016 in Ashland.
Makeup and grooming mirrors can be as big and bright as those seen in a Hollywood dressing room or compact and portable. Or see yourself from head to toe in a full-length mirror.
Grooming Lounge has head-to-toe mens grooming products used in its legendary barbershops and spas.
Styledrys shower cap (in pink or black) at Anthropologie keeps your blow-dried hair free of frizz by shielding it from water and humidity. Designed with a soft outer layer, it doesnt leave elastic imprints or marks.
Merbens coconut foot brush is handmade from 100% natural coconut fiber and the 6.5-inch brushs bristles exfoliate dry, itchy rough skin. Urban Outfitters also has a soft jute body brush to remove dead skin cells and stimulate circulation, plus other luscious bath and body products.
Kush Queen has CBD skin serum with vitamins A, E, B3 and B5 to retain moisture, improve skins texture and minimize the appearance of wrinkles and pores. Additional ingredients like CoQ10, alpha-lipoic acid, vitamin C and organic plant extracts help brighten skin.
The CBD Distillery uses hemp extract, a nonintoxicating cannabinoid, in creams and oils for mind and body wellness. One of the brand ambassadors is Yogi Chelsey Korus.
Birchbox subscribers receive a monthly box, personalized for men and women, with an assortment of new skincare, hair and other products to test out along with tips on how to use them.
GlossyBox delivers five, full-size beauty products, plus treats, trends and tips, each month in a pink box.
You dont need a gym, weight room or field to be physically active. Search #PEatHome online to find hundreds of resources to keep moving with little to no equipment.
WW (formerly Weight Watchers) has virtual workshops and personal coaching as well as other ways to receive fitness and nutrition information and support.
Eating healthy is harder when youre on the go. You might benefit from a little help with pre-made meals delivered to your door. Daily Harvest has nourishing, ready-to-make organic food -- soups, harvest bowls, smoothies -- built on fruits and vegetables and based on your taste, dietary needs and schedule.
Raw generation is offering 50% off and free shipping (plus 10% off for first-time shoppers) for juices such as Daily Greens and Spring Flavors with immune-supporting superfoods like turmeric, ginger, spinach and strawberry. The company also sells meals-to-go (like complex soups loaded with vitamins, minerals and antioxidants from vegetables), produce boxes as well as plant-based, anti-viral, antibacteria hand sanitizers and other quarantine essentials.
Other benefits to letting professionals figure out recipes and ingredients: You save time otherwise spent creating a menu and then shopping for it. Youre introduced to new spices, food and cuisines, and portions are a healthy size.
Customers of Portland-based Farm to Fit brag theyve lost weight.
Farm to Fit, which was launched eight years ago by G. Scott Brown and Dre Slaman, makes and delivers nutritious, ready-to-eat meals that are portion-controlled by calories and sizes, and based on low-carb, keto, paleo and other healthy food programs.
The husband-and-wife owners and their staff service clients living in a wide radius around Portland, from Camas, Washington, to Salem. Its a big circle, says Slaman.
Customers can order a variety of heat-and-serve dishes, from three to 21 a week, delivered to their door on Sundays and Wednesdays (offices on Mondays). Meals are also available to be ordered and picked up at Farm to Fits commercial kitchen at 5411 N.E. Portland Hwy. and other locations.
Swanwick SleepSwanwick Sleep
Promote relaxation. Soaking in a spa-like bath or meditating might help you prepare for sleep. In the bedroom, display upbeat reading material such as classic books and reduce noise and light from a TV or computer (maybe you need a pure silk sleep mask to gently cover your eyes?).
Verishop has soothing sound machines, comforting weighted blankets and other items to quiet obstacles to a peaceful nights sleep.
Beam has natural, phytocannabinoid-rich CBD oil that is used to improve focus, recovery and balance. The Dream product is fortified with compounds like magnesium and melatonin to enhance sleep. Along with exercise and eating nutrient dense foods, sleep is an essential component when it comes to keeping an immune system strong.
Avoid using an electronic device to read in bed; the light from the screen can trick your brain into thinking its daytime. Swanwick Sleep, the company founded by Australian brothers James and Tristan Swanwick, has Swannies blue light blocking glasses that protect eyes at night from electronics light, which suppresses melatonin production, the bodys natural process to prepare for sleep.
--Janet Eastman | 503-294-4072
jeastman@oregonian.com | @janeteastman
Subscribe to Oregonian/OregonLive newsletters and podcasts for the latest news and top stories
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Boosting the booze: Ingredient innovations and ‘healthier options’ key to survival for APAC alcohol sector – FoodNavigator-Asia.com
Posted: at 7:46 am
As of last year, healthy growth was still being predicted by experts for the alcoholic beverage market in APAC, such as by analyst firm Mordor Intelligence which expected a CAGR of 4.41% for the sector between 2020 to 2025, and Statista which expects revenue for the market to hit US$540bn in 2023, up from US$480bn in 2019.
Much of this growth was, and still is, expected to come from China, which holds held the largest market share of alcoholic beverages in the region, followed by Japan, India, and Australia.
However, the recent COVID-19 pandemic has hit many F&B industries hard, and alcoholic beverages have felt the brunt of this, especially with lockdowns throughout the region banning foodservice operations such as restaurants and hotels, thus depriving the sector of its major source of business.
In Australia, for instance, trade body Alcohol Beverages Australia (ABA) has reported that overall alcohol consumption in Australia is lower than it was at the same time last yeardue to pubs, bars, clubs and restaurants closing.
Our beer, wine and spirits producing members are all telling us that sales lost through on-premise pubs, bars, clubs and restaurants has only marginally been made up for by an increase in packaged retail liquor sales, said ABA CEO Andrew Wilsmore.
Indications are that overall sales and volume loss range from 10% to 30%, with many small producers even more severely impacted as they are unable to access the retail channel or have had to close their cellar/brewery/distillery door.
These findings have been echoed by alcohol beverage firms throughout the APAC region. According brewery giant Asahis public relations manager Kristin Chiu, the firm also saw a decrease in sales from the food service sector (restaurants, cafes, hotel), especially after Japan announced a month-long nationwide state of emergency.
Sapporo Breweries Public Relation Manager Yasuhiro Nagumo reported similar findings, telling us that beer sales in March 2020 only reached 89% compared to the same period last year, and that more people were purchasing alcohol on e-commerce during this period.
It seems that there are fewer opportunities to drink alcohol at restaurants, and more opportunities to drink at home. As a result, more consumers are buying alcohol through e-commerce, he said.
Kavalan Distillery Taiwans first whiskey label has also seen the impacts that lockdowns can have on alcohol sales. Its Global Public Relations Officer Kaitlyn Tsai told FoodNavigator-Asia that although it managed to maintain its local Taiwanese revenue because the country did not impose strict lockdowns, restriction in its other markets worldwide meant a drop in overseas sales.
The negative impact cannot be quantified at this moment, but it is not as severe as expected and recent sales are gradually recovering, said Tsai.
That said, it has not all been doom and gloom for the firm as off-trade sales (retail) have increased since the pandemic, as has e-commerce which has soared.
Product innovations with local ingredients have been particularly prominent in the industry, as can be seen by Kavalan having focused on fruits native to Yilan, the district where its distillery is located in, for its newest whiskey launch.
Our number one selection whiskey this year will look at more subtropical fruits like mango, pineapple, and green apple, whereas the number two will be have floral and herbal notes. As for our first gin in the portfolio, we will include the normal juniper and anise, but also include fruits native to Yilan like red guava, starfruit and kumquat, said Tsai.
The same has been seen in the craft beer sector as well, for example Singapore sustainable brewery Crust Brewing, which brews beer from surplus bread, has created a beer using ulam raja (the Kings salad) which is a herb commonly consumed as a raw vegetable by communities in the South East Asian region.
Crust was also impacted by COVID-10 and had to shift more to direct consumer sales from its previous B2B business model to survive, as well as put a lot more focus on collaborations with local breweries, e.g. launching a 12-pack of mixed beers, each one from a different brewery.
We started off as a B2B company, but when COVID-19 hit we saw a lot of investment interest and commitments affected, which was understandable given the situation, so we made a shift to selling more B2C, and surprisingly, have done pretty well given everything, Crust Founder and CEO Travin Singh told us.
It did affect us quite badly at the initial stage, but right now I would say were doing better than when we were only doing B2B.
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In addition to COVID-19, the industry has also had to deal with changes such as a rising health awareness trend amongst APAC consumers a major challenge for the industry, especially as alcohol is not commonly associated with health.
It is for this reason that many major brands have opted to widen and diversify their portfolios, adding healthier choices in hopes of retaining consumer interest.
HEINEKEN APAC Marketing Transformation Director Sarah Maddock told FoodNavigator-Asia. [In] recent years, consumers, especially Millennials and Gen Y drinkers, have increasingly become more health conscious and that drove the introduction of Heineken 0.0 to the market, [giving] the consumer a zero-alcohol Heineken with only 69 calories and without compromising on taste.
These drinkers [are] also a generation that prefers lighter, easy to drink beers which is why we put Tiger Crystal (light brew with 4.3% alcohol as compared to regular 5%) in multiple countries, and Heineken Silver (smoother brew) in Vietnam were put on the market for that reason as they take away some of the bitterness that traditionally appeals to more mature beer drinkers.
This is not to say that Heineken and Tiger have not been impacted by COVID-19 though Although she chose to remain coy on details, HEINEKEN APAC Heineken and Tiger Brand Director Maud Meijboom said that some impact has been seen, though it has widely differed based on brands and channels.
Where countries have had to close F&B outlets and implement some form of lockdown as part of safe distancing measures, yes, we see an impact on the sale of our beers, Meijboom told us.
The impact differs by brand, for example whether they have a significant footprint in the F&B outlets. For newer products it also depends on what channels we are looking at. For example, new products we have launched in retail are performing in line with the trend in that channel.
Low-to-no-alcoholic beverages are a must-mention here when it comes to the rise of the health trend in alcohol, and apart from Heinekens Heineken 0.0, other big firms such as Kirin have also picked up on this.
Kirin Brewery recently released its non-alcoholic beer, Kirin Greens Free in Japan to meet demands of consumers with increasing health concerns, and the firms Corporate Communications spokesman Ataka Takashima told us that this was an important area for the firm.
Non-alcoholic beers constitute just 5% of all alcohol in Japan and while it may not seem much, it has been growing 3% over the last three years, he said.
Japans alcohol tax will be reformed in October this year, which will likely lead to [more] existing beer consumers shifting to non-alcoholic beers.
Kirin also has another non-alcoholic beer option with a health focus, Kirin Karada Free, which claims to reduce body fat.
Another direction that the alcoholic industry in APAC has taken is to innovate using unique ingredients such as hemp and dairy.
One example is Australias The Cannabis Co., which has become known for its hemp-based gins. Its secret ingredients are called terpenes, essentially natural organic compounds, rich in flavour and aroma, that are found in cannabis and hemp.
We carry three very distinct, premium gins in our current portfolio: The Myrcene (40% ABV/alcohol-by-volume), The Jilungin Dreaming (42% ABV) and the High Seas Navy Strength (58% ABV), The Cannabis Co. Brand and Strategy Director Martin Dybalski told us.
The terpene myrcene provides The Myrcene Gin with a bright, fresh, grassy herbaciousness, whereas limonene provides Jilungin Dreaming with delicate, lingering notes of candied citrus and b- caryophyllene provides the High Seas Navy Strength with a sweet, dry and spiced profile.
[All] three are very distinct from one another, [and although] its a little unfair comparing a premium to a regular product, Id say the biggest differences between our gins and regular gins are found in aromatics, complexity and quality of grain spirit/mouthfeel.
Although Dybalski made sure to emphasise that the firm makes no health or therapeutic claims for its products, many terpenes are being studied for potential health benefits.
[A] lot of terpenes found in Hemp are being studied for their potential medicinal benefits, with some early research showing promising anti-inflammatory, anti-bacterial and anti-carcinogenic effects, he said.
That said, innovating with this unique product carries with it some unique challenges too.
[One] of the most immediate obstacles were facing is building our digital presence on platforms like Facebook, as at present, Facebook policy prohibits advertising of any consumable hemp or Cannabis products across the platform globally, he added.
Another example in this category is Hong Kongs OH CBD beer, which claims to be anti-hangover according to Henry Leung, founder of the start-up OH5 Company.
Although more research is still needed to be done by scientists to look into the effects of combining CBD and alcohol, however we believe there is certain therapeutic value that can be present, he said.
Some reports have suggested blood alcohol level can be lowered while reducing some of the alcohols toxic effects on the liver.
Bottom line is, the way our body takes in and metabolise CBD and alcohol is complex, and everybody is different, an individuals response to a CBD infused beer is largely dependent on genetics. So, everyones experience may be different.
OH CBDs beer contains a citrus flavour with floral notes, inspired by hops and hemp. According to Leung, hops and hemp are both are from the Cannabaceae family, and are close relatives.
He added that he also faced challenges with his unique product in Hong Kong, because the awareness of CBD there is relatively limited.
Unlike in Canada and US, they have many CBD products like chocolate, candies, coffee, and even cocktails mixed with CBD oil, he said.
OH CBD had planned to release its second batch of beer at the end of February, but also had to also production due to the COVID-19 pandemic.
Due to the coronavirus, no one is going out now, so we are focusing on promotion, creating awareness of our products, and working on recipes, said Leung.
Dairy has also been a rising star in alcoholic innovation for instance, Lewis Road Creamery and Kahlua teamed up to form a liqueur enriched with cream.
We re-mixed our fresh, rich cream with Kahlas original and legendary coffee liqueur, [blending] 100% Arabica coffee with subtle aromas of vanilla and chocolate combined with rich cream, Lewis Road Creamery General Manager Nicola O Rourke told FoodNavigator-Asia.
We also blended fresh New Zealand cream and real, rich chocolate with a touch of triple distilled premium spirits [to form our] Chocolate Liqueur.
[Both] these liqueurs are different as they dont have unnecessary additives, just liqueur and our fresh homogenised cream as it should be.
Another rising trend in the APAC alcohol industry is sustainable production, such as reducing food waste or using recycled water.
This is growing particularly quickly in Singapore, such as with Singhs firm Crust Brewing which brews beer using fresh surplus white bread as a means to minimise food wastage in the country, where food wastage rose 30% to 40% from 2008 to 2018.
The bread is used to substitute 30% of grains in beer production [and we have] plans to further reduce waste, including using spent grains, the by-product from beer production as a possible animal feed or fertiliser, Singh said.
The company is currently developing a bread-based spirit as well.
Craft brewery Brewerkz is also in collaboration with Singapores national water agency, Public Utilities Board (PUB) to brew beer using treated water using NEWater, Singapores own brand of recycled water.
While the sector certainly faces it challenges, most experts remain optimistic about its future prospects.
Kavalans Tsai emphasised to us that drinking in Asia, such as in Taiwan, has traditionally been associated with business occasions, but has gradually evolved to become a social experience.
These days with economic development, more Asians, especially the younger generation, arelikely to associate drinking with personal occasions and enjoy alcohol purely for fun, she said.
China wine industry expert Emilie Steckenborn also told us that millennial consumers in China are likely to lead the e-commerce boom for the wine industry in China, which is slowly emerging out of its lockdown.
E-commerce can provide rich information about a wine at [younger consumers] fingertips, which they crave, plus they can get reviews and descriptions of flavour, origin, storage conditions and so on even face-to-face retail businesses may not know some of this information, she said.
All in all innovation and flexibility, whether it comes to marketing, retail or product innovation, is clearly the way forward for alcoholic beverage firms in APAC both big and small to make it through the current crisis and those that master this are likely to emerge stronger.
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What Is CBD Bioavailability, and Why Is It Important? – CSPDailyNews.com
Posted: May 8, 2020 at 11:14 am
When it comes to CBD, a term that is important to understand is bioavailability, which the American Heritage Medical Dictionary defines as the degree to which a drug or other substance is absorbed or becomes available at the site of physiological activity after administration. But what does that mean, and why does it matter when it comes to CBD?
Think about the bioavailability of CBD as the degree and rate it is absorbed into the bloodstream. In other words, the way CBD is consumed influences its uptake and distribution throughout the body. This is important for consumers to understand when shopping for CBD in order to figure out which products suit them best.
There are a variety of ways to take CBD. It can be inhaled, eaten, applied topically to the skin or held under the tongue and then swallowed. However, the body absorbs CBD in different ways, so how it is consumed matters. The method chosen influences how long it takes to be absorbed into the bloodstream and how much CBD is available to be absorbed.
Edible treats such as gummies and baked goods are a popular way to consume CBD. In multiple studies, the most optimistic rate of bioavailability when choosing this option was about 20%. That means if someone eats a 50-milligram CBD gummy, they would likely be absorbing only about 10 milligrams20% of the total dosage. Though not the most efficient way of consuming CBD, edibles are very popular and still have their benefits. They are a fun and easy way to add CBD to a daily routine. However, it is helpful to understand that some of the CBD is going to break down when passing through the digestive system, and it will take longer to reach the bloodstream to circulate throughout the body.
CBD oil tinctures are another common way to take CBD. With this method, CBD is administered sublingually, which means holding it under the tongue for a minute before swallowing. Sublingual dosing with an oil improves the bioavailability of CBD, because the glands under the tongue absorb the CBD and have a direct pathway to the bloodstream. Bypassing the digestive system allows the CBD molecules to reach the bloodstream quickly, without being metabolized by the stomach and liver first.
Inhaling CBD has a very effective bioavailability rate. CBD vape products and pre-rolled hemp flower joints are becoming widespread in the convenience market. They are popular and preferred by many because of how rapidly they work. When CBD is inhaled, the lungs absorb the compound immediately. Once CBD passes through the lungs, it quickly enters the bloodstream and circulates through the body. While inhaling CBD is a fast and effective method, it is not for everyone. Some consumers consider CBD to be a part of their wellness routine and worry about the potential adverse health effects of vaping CBD oil or smoking hemp flower.
Understanding the bioavailability of CBD allows consumers to decide what is important to them in a product. If they want a fun and easy way to take CBD, then CBD gummies or chocolates are ideal. If speed and cost-effectiveness are paramount, then a sublingual oil tincture or vape product may be best. This knowledge also helps retailers understand why offering a variety of forms of CBD is important for meeting customer demand in their stores.
This post is sponsored by Heritage CBD
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Analysis on New Product Launches in Covid-19 Related Markets-CBD Oil Market 2020-2024 | Health Benefits of CBD Oil To Boost Growth | Technavio -…
Posted: at 11:14 am
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the CBD oil market and it is poised to grow by USD 3.52 bn during 2020-2024, progressing at a CAGR of over 32% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aurora Cannabis Inc., Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Global Ltd., ENDOCA BV, Gaia Botanicals LLC, Isodiol International Inc., Medical Marijuana Inc., and NuLeaf Naturals LLC, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Health benefits of CBD oil has been instrumental in driving the growth of the market.
CBD Oil Market 2020-2024 : Segmentation
CBD Oil Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40147
CBD Oil Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our CBD oil market report covers the following areas:
This study identifies growing legalization of cannabis-based products as one of the prime reasons driving the CBD oil market growth during the next few years.
CBD Oil Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the CBD Oil Market, including some of the vendors such as Aurora Cannabis Inc., Canopy Growth Corp., CBD American Shaman LLC, CV Sciences Inc., Elixinol Global Ltd., ENDOCA BV, Gaia Botanicals LLC, Isodiol International Inc., Medical Marijuana Inc., and NuLeaf Naturals LLC. Backed with competitive intelligence and benchmarking, our research reports on the CBD Oil Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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CBD Oil Market 2020-2024 : Key Highlights
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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