The analysts forecast the Global CBD Oil Market to grow at a CAGR of 31.08% during the period 2018-2022.
CBD is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD can be derived from two different species of cannabinoids: marijuana and hemp.
The report covers the present scenario and the growth prospects of the global CBD oil market. To calculate the market size, the report considers the revenue generated from the adoption of CBD oil products.
One trend affecting this market is the growing legalization of cannabis-based products. Legalization of marijuana has emerged as a rising trend, which is influencing many nations to decriminalize cannabis and legalize the use of marijuana for recreational and medicinal purposes.
One driver influencing this market is the expanding millennial population worldwide. According to the US Bureau report, the US has emerged as one of the largest market in the world.
The report states that one challenge affecting this market is the adverse effects of CBD oil products. Legalizing cannabis in any country poses a great threat to its citizens as its over-consumption can lead to various respiratory problems and several health issues.
CV SciencesENDOCAGaia BotanicalsIsodiol InternationalMedical Marijuana
Key Topics Covered:
1. Executive Summary
2. Scope Of The Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation By Product
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers And Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/tkcxst/globalâ€”cbdâ€”oil?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180801005591/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: HEALTH ALTERNATIVE MEDICINE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/01/2018 10:23 AM/DISC: 08/01/2018 10:22 AM