1 / 6

CBD Oil Market Size - 2019 , Share and Forecast to 2024

The Global CBD Oil Market is expected to grow at CAGR of 38.45% to reach USD 3782.32 Million till 2024. CBD oil is an extract of cannabis that acts as a natural pain reliever, has anti-inflammatory properties, and reduces epileptic seizures, etc. According to a survey by the National Center for Biotechnology Information (NCBI) conducted between 2017 to 2018, about 62% of the population used CBD-based products to treat various medical conditions.<br><br>Read More @ https://www.medgadget.com/2019/10/cbd-oil-market-cagr-insights-emerging-38-5-by-2024-global-size-share-opportunities-value-dynamics-comprehensive-analysis-essential-strategies-and-price-trends.html<br>

HealthCareReports
Download Presentation

CBD Oil Market Size - 2019 , Share and Forecast to 2024

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CBD Oil Market CBD Oil Market Research Report - Global Forecast till 2024 CREATED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. CBD Oil Market Research Report - Global Forecast till 2024 Market Highlights The CBD Oil Market is estimated to be valued at USD 3782.32 Million by 2024 and expected to grow at a CAGR of 38.45% during the forecast period. CBD is a cannabinoid found in the cannabis plant. CBD oil acts as a natural pain reliever, have anti-inflammatory properties and could reduce epileptic seizures, etc. From the past few years, the market for CBD oil had been increasing owing to rising legalization of cannabis and growing R&D in the field. Following the same, it is noted that new market players have been emerging in the market owing to the rising demand for CBD oil. Browse Report Details @ https://www.marketresearchfuture.com/reports/cbd-oil-market-7355 2 www.marketresearchfuture.com

  3. CBD Oil Market Research Report - Global Forecast till 2024 Segmentation: Global CBD oil market has been segmented on the basis of type, and application. On the basis of type, the market has been divided into hemp-derived and marijuana-derived types. The Hemp-derived CBD oil type is holding the major share of the overall CBD oil market. It has been estimated that the hemp-derived segment is growing at the highest CAGR to reach USD 2,092.97 Million by the end of 2024. Most of the legal CBD-based products in the market are hemp-based. According to the 2018 Farm Bill, companies can legally grow, manufacture, possess, and sell hemp-derived CBD products. Based on application, the global CBD oil market is segmented into pharmaceuticals, food, cosmetics, and others. Among these segments, the cosmetic industry accounts for the largest market share owing to the anti-inflammatory and non- psychoactive properties of CBD. Moreover, CBD infused beauty products are a major trend these days. For instance, Folium Biosciences, the US-based cannabinoid producer, offers cosmeceuticals which include CBD infused moisturizing relief cream. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7355 3 www.marketresearchfuture.com

  4. Healthcare BiometricsMarket Research Report – Forecast to 2022 Application & Major Players in this Research: Market Prominent Players: The prominent players in the global CBD oil market are Aphria Inc. (Canada), Folium Biosciences (US), Freedom Leaf, Inc. (US), Green Roads of Florida, LLC (US), Charlotte's Web Holdings, Inc. (US), ENDOCA (Netherlands), CBD American Shaman (US), CV Sciences, Inc. (US), Medical Marijuana, Inc. (US), Canopy Growth Corporation (US), Aurora Cannabis (US), MedMen Enterprises Inc. (US), Curaleaf Holdings, Inc. (US), Kazmira LLC (US), HempLife Today (US), Pharmahemp (Slovenia), Whistler Medical Marijuana Corporation (Canada), Absolute Terps (US), NuLeaf Naturals (US), Emblem Cannabis (Canada). Get Discount @ https://www.marketresearchfuture.com/check-discount/7355 4 www.marketresearchfuture.com

  5. CBD Oil Market Research Report - Global Forecast till 2024 About Us: Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 5 www.marketresearchfuture.com

  6. THANK YOU MARKET RESEARCH MARKET RESEARCH FUTURE FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 6 www.marketresearchfuture.com

More Related