The global Cannabidiol (CBD) oil market size was USD 6.24 Billion in 2022 and is expected to register a rapid revenue CAGR of 16.0% during the forecast period. Rising use of CBD in the healthcare industry and product usage as a result of government approvals and increasing sales of CBD products are key factors driving market revenue growth.
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.
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The leading market contenders listed in the report are:
PharmaHemp, Isodiol International Inc., NuLeaf Naturals, LLC, Gaia Botanics, CV Sciences Inc., Medical Marijuana, Inc., Cannoid, LLC, Joy Organics., Lazarus Naturals, Freedom Leaf, Inc., Canopy Growth Corporation Inc., Green Roads, and FOLIUM Science
The research study examines historic. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the CBD Oil market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019-2032)
- Marijuana Based
- Hemp Based
Application Outlook (Revenue, USD Billion; 2019-2032)
- Food & Beverage (F&B)
- Pharmaceuticals
- Pet care
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global CBD Oil Market report:
- The latest report comprehensively studies the global CBD Oil market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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