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.
Free Sample PDF Available Here!! https://www.marketresearchfuture.com/reports/cbd-oil-market-7355
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.
Key Players
Big players in the global CBD oil market include Absolute Terps (USA), Aphria Inc. (Canada), Aurora Cannabis (USA), Canopy Growth Corporation (USA), CBD American Shaman (USA), Charlotte’s Web Holdings Inc. (USA), Curaleaf Holdings Inc. (USA), CV Sciences Inc. (USA), Emblem Cannabis (Canada), ENDOCA (Netherlands), Folium Biosciences (USA), Freedom Leaf Inc. (USA), Green Roads of Florida LLC (USA), HempLife Today (USA), Kazmira LLC (USA), Medical Marijuana Inc. (USA), MedMen Enterprises Inc. (USA), NuLeaf Naturals (USA), Pharmahemp (Slovenia), and Whistler Medical Marijuana Corporation (Canada).
Market Segmentation
Global CBD Oil Market, by Type
- Hemp-Derived
- Marijuana-Derived
Global CBD Oil Market, by Application
- Cosmetics Industry
- Food Industry
- Pharmaceuticals Industry
- Others
CBD oil market has been segmented into hemp-derived CBD oil and marijuana-derived CBD oil.
Global CBD Oil Market, by Region
- North America
- US
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- Europe
- Germany
- Russia
- France
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
Intended Audience
- CBD manufacturers and suppliers
- Medical research laboratories
- Research and development (R&D) companies
- Market research and consulting service providers
- Potential investors
Key Findings of the Study:
-
Global CBD oil market is projected to reach 32 Million by 2024 with 38.45% CAGR during the review period of 2019 to 2024
-
The Americas accounted for the largest share due to the increasing consumption of cannabis-based products along with rising legalization of cannabis in the region
-
The hemp-derived CBD oil segment, by type, is projected to reach USD 2,092.97 million by the end of 2024
Table Of Contents
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Hemp Based Products Market, By Region
Continued…
List of Tables
TABLE 1 PRIMARY INTERVIEWS
TABLE 2 GLOBAL HEMP BASED PRODUCTS MARKET, BY REGION 2015-2023 (USD MILLION)
TABLE 3 AMERICAS HEMP BASED PRODUCTS MARKET, BY REGION 2015-2023 (USD MILLION)
TABLE 4 NORTH AMERICA HEMP BASED PRODUCTS MARKET, BY REGION 2015-2023 (USD MILLION)
TABLE 5 EUROPE HEMP BASED PRODUCTS MARKET, BY REGION 2015-2023 (USD MILLION)
TABLE 6 WESTERN EUROPE HEMP BASED PRODUCTS MARKET, BY REGION 2015-2023 (USD MILLION)
TABLE 7 ASIA-PACIFIC: HEMP BASED PRODUCTS MARKET, BY COUNTRY 2015–2023 (USD MILLION)
TABLE 8 REST OF THE WORLD (ROW) HEMP BASED PRODUCTS MARKET, BY REGION 2015-2023 (USD MILLION)
TABLE 9 GLOBAL HEMP BASED PRODUCTS MARKET , BY INDUSTRIAL APPLICATION, 2015–2023 (USD MILLION)
Continued…
OBTAIN RESEARCH REPORT DETAILS WITH TOC @
https://www.marketresearchfuture.com/reports/cbd-oil-market-7355
About 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 Components, Application, Logistics 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.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com