Cannabidiol Market Worth USD 22,07,162.54 million By 2026, Global CBD Industry Size, Regional Growth, Analysis, Research Study, 2020 CBD Trends

Cannabidiol Market Worth USD 22,07,162.54 million By 2026, Global CBD Industry Size, Regional Growth, Analysis, Research Study, 2020 CBD Trends

CBD Market
Cannabidiol Market 2020 Global Industry Forecast to 2026 Research Report, is latest depth analysis report on Global CBD Market Size, Trends, Share, Growth, and Regional Analysis from 2018 to 2026. In this study CBD Global Market is segmented by Form (Solid and Liquid), Route of Administration (Tincture, Capsules, Inhalation (Smoke or Vapor) , Aerosol Spray), Product (Food Grade and Therapeutic Grade)

CBD or cannabidiol is a vital phytocannabinoid found in hemp. It is known for supporting the body and mind in myriad ways. But, as opposed to its tetrahydrocannabinol (THC) counterpart, CBD does not induce any psychoactive effects. CBD is everywhere one looks these days. Yoga studios, farmer’s markets, health food stores, and more have started to provide their customers with a wide range of CBD products. News outlets and media too have caught the CBD wave, thus spreading the word regarding the all-natural CBD and the different CBD benefits. 

CBD Market Analysis  

Global CBD market size is anticipated to touch USD 22,07,162.54 million at a 125.58% CAGR between 2016-2026, states the latest Market Research Future (MRFR) report. The term CBD is popping up in almost every product right from hummus, face cream, to the morning latte. Cannabidiol or CBD, simply put, is a chemical compound extracted from cannabis plants. This is a naturally occurring substance that is used in products such as edibles and oils for imparting a feeling both of calm and relaxation. As opposed to THC (tetrahydrocannabinol), this is not psychoactive.  

CBD is extremely beneficial for different conditions, such as helping sexual dysfunction, improving cardiovascular health, reducing acne, moisturizing skin, soothing inflammation, calming anxiety, among others. Though CBD beverages and edibles have gained a lot of popularity, the most effective and the most widely used methods to take CBD include CBD oil tinctures, CBD capsules, vaping, and topical CBD such as balms and creams. With CBD turning increasingly mainstream, today, it is readily available in most health food stores and pharmacies.  

The CBD market is witnessing increasing demand due to several factors such as its increasing use during drug withdrawal and cancer cases, the different benefits that CBD products offer, such as contains anti-inflammatory properties, treat epilepsy and mental health disorders, and protection from Alzheimer’s. Additional factors propelling the growth of the CBD market include rapid technological advancements, rising investments in R&D activities, increasing usage in medical applications, increasing investments made by consumers on cannabis products, and the adoption of different cannabis products.  

On the flip side, strict rules related to the utilization of CBD is likely to impede the CBD market growth during the forecast period.  

Avail Free Sample Copy at https://www.marketresearchfuture.com/sample_request/8090

CBD Market Segmentation  

The global CBD market has been segmented in terms of product, application, form, source, route of administration, and end user.  

By form, the CBD market has been segmented into solid and liquid. The liquid segment is again segmented into tincture, e-liquid, CBD oil, cream, and others. The solid segment is again segmented into CBD wax, softgel/capsule, CBD crystals, hash, and others.  

By product, the CBD market is segmented into food-grade, therapeutic grade, and others. Among these, the therapeutic grade segment will dominate the market during the forecast period.  

By application, the CBD market is segmented into fibromyalgia, protein bars, diabetes, neurogenerative disorder, energy drinks, and others. Among these, fibromyalgia will have the maximum share in the market during the forecast period.  

By end user, the CBD market has been segmented into healthcare, food & beverage, and others.  

By source, the CBD market has been segmented into inorganic and organic.  

CBD Market Regional Analysis 

Global CBD market is geographically distributed across the following key regions- Europe, the Asia Pacific, Latin America, the Middle East and Africa, and North America. Among these, North America will have the lion’s share in the market during the forecast period. Various factors propelling the growth of the CBD market in the region include the presence of popular cannabis giants in the region, increasing awareness regarding the perks of taking cannabis, increasing legalization of CBD for medical and recreational purposes, easy accessibility of cannabis-based products on online platforms, and increasing consumption of products that are cannabis-based.  

In the Asia Pacific region, the CBD market will have healthy growth during the forecast period for the region’s economic conditions that are taking the CBD market to new heights.  

In Europe, the CBD market will grow at the fastest pace during the forecast period for the changing legislative framework.  

In the MEA, the CBD market will have stable growth during the forecast period.  

CBD Market Key Players 

The CBD market comprises a host of key players which includes Medical Marijuana, Inc., Elixinol Global Limited, ENDOCA, Canopy Growth Corporation, Green Roads of Florida, Folium Biosciences, CBD Health Solutions, LLC, Aphria Inc., Isodiol International Inc, Freedom Leaf, Inc, CV Sciences, Inc, and LLC. Key players have incorporated specific strategies to create a footprint in the market, such as product innovations, mergers, acquisitions, recent developments, joint ventures, collaborations, partnerships, and more.  

CBD Industry News 

November 2019: The Kadena network has joined hands with Ryemdi to come up with a platform for tracking CBD oil, which can transition to prescription medications. 

Browse Complete Report with TOC at https://www.marketresearchfuture.com/reports/cbd-market-8090

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.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/cbd-market-8090