Updated Research Report of Cannabidiol Oil (CBD Oil) Market 2020-2023:
Wiseguyreports.Com Adds “Cannabidiol Oil (CBD Oil) – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2023” To Its Research Database.
In numerous countries, starting with the U.S. and Canada, cannabis is being legalized for medical, recreational, and research uses. Following them, the U.K., Japan, Norway, Thailand, South Korea, Spain, Mexico, South Africa, and Brazil have also given the stamp of approval on the cultivation of marijuana and hemp, extraction of cannabidiol and usage of the chemical in various end products.
As a result, the global CBD oil market revenue is predicted to rise at a 24.3% CAGR between 2020 and 2023, from $1,735.1 million in 2019. This is being further supported by the promotion of the chemical as having numerous wellness advantages, by companies, which is helping increase the demand for it among the masses, primarily recreational users. Moreover, as cannabidiol has been claimed to treat depression, movement disorders, anxiety, and pain, its usage among people suffering from these issues is also rising.
Global Cannabidiol Oil (CBD Oil) market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
CBD American Shaman
Aurora Cannabis (AC)
Canopy Growth Corporation
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Marijuana-derived CBD Oil Products
Hemp-derived CBD Oil Products
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Cannabidiol Oil (CBD Oil) for each application, including
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Major Key Points in Table of Content
Global Cannabidiol Oil (CBD Oil) Market by Manufacturers, Regions, Type and Application, Forecast to 2023
1 Report Overview
2 Product Type Market
3 Product Application Market
4 Manufacturers Profiles/Analysis
5 Market Performance for Manufacturers
6 Regions Market Performance for Manufacturers
7 World Market Performance Point
8 Development Trend for Regions and Countries (Sales Point)
9 Upstream Source, Technology and Cost
10 Channel Analysis
11 Consumer Analysis
12 Market Forecast 2019-2024
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