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The Global CBD Market was valued at USD 570 Million in 2018 and is expected to register a CAGR of 125.58% during the forecast period.
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CBD Market 2020-2026 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2026 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
CBD Market 2020-2026 CBD Market Highlights The Global CBD Market was valued at USD 570 Million in 2018 and is expected to register a CAGR of 125.58% during the forecast period. The global CBD market was valued at USD 3,088.51 million in 2018, and the market is estimated to grow at USD 2,207,162.54 Million by 2026 and is expected to register a CAGR of 125.58% during the forecast period from 2019 to 2026. In 2018, the Americas accounted for the largest market share of 78.14% with a market value of USD 2,413.34 million, followed by Europe with a market value of USD 358.19 million in 2018. Based on form, the liquid segment accounted for the largest market share of 51.86% in 2018, with a market value of USD 1,601.62 million and is projected to register a CAGR of 127.24% during the forecast period. On the basis of routes of administration, the tincture segment accounted for the largest market share of 36.65% in 2018, with a market value of USD 1,132.07 million, and is projected to register a CAGR of 126.54% during the forecast period. www.marketresearchfuture.com
CBD Market 2020-2026 CBD Market Regional Analysis The CBD market in the Americas has been segmented into North America and Latin America. The North American market is further divided into the US and Canada. Latin America market is classified into Brazil and the rest of Latin America. The Americas dominate the global CBD market, owing to the increasing consumption of cannabis-based products. The rising demand for cannabis has raised the market potential in the American region. A poll conducted by Gallup Inc., in 2016, found that American’s views on legalizing cannabis indicated that 60% of the population surveyed, believed the substance should be legalized. A recent poll conducted by Quinnipiac University also concluded that 54% of Americans favored the legalization of cannabis without additional constraints, while 81% of respondents favored legalization of cannabis for medicinal purposes. Cannabis was approved for medicinal use in 28 states of the US, the District of Columbia, Guam, and Puerto Rico as of January 2017. Browse Complete Report with TOC @ https://www.marketresearchfuture.com/reports/cbd-market-8090 www.marketresearchfuture.com
CBD Market 2020-2026 CBD Segmental Analysis The global CBD market has been segmented on the basis of form, routes of administration, by product, application, end user, source, and by region. On the basis of form, the global cannabidiol market is segmented into solid and liquid. The solid form of CBD is segmented into CBD crystals, CBD wax, capsule/softgel, hash, and others. The liquid form of CBD includes CBD oil, tincture, cream, e-liquid, and others. On the basis of product, the global cannabidiol market is segmented into food grade, therapeutic grade, and others. On the basis of application, the global cannabidiol market is segmented into neurogenerative disorder, fibromyalgia, diabetes, energy drinks, protein bars, and others. On the basis of end user, the global cannabidiol market is segmented into healthcare, food & beverage, and others. On the basis of source, the global cannabidiol market is segmented into inorganic and organic. www.marketresearchfuture.com
CBD Market 2020-2026 CBD Market Key Players • Aphria Inc. • Folium Biosciences • Freedom Leaf, Inc • Green Roads of Florida • LLC • CBD Health Solutions • LLC • ENDOCA • Isodiol International Inc • CV Sciences Avail Free Sample @ https://www.marketresearchfuture.com/sample_request/8090 www.marketresearchfuture.com
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