{"id":553605,"date":"2021-07-20T15:14:01","date_gmt":"2021-07-20T15:14:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=553605"},"modified":"2021-07-20T15:14:01","modified_gmt":"2021-07-20T15:14:01","slug":"impact-of-covid19-on-hempderived-cbd-oil-market-2020-pdf-with-cagr-of-the-end-2026-folium-biosciences-tilray-charlottes-web-etc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/impact-of-covid19-on-hempderived-cbd-oil-market-2020-pdf-with-cagr-of-the-end-2026-folium-biosciences-tilray-charlottes-web-etc_553605.html","title":{"rendered":"Impact of Covid-19 on Hemp-Derived CBD Oil Market 2020 [ PDF ] with CAGR of the End 2026 | FOLIUM BIOSCIENCES, Tilray, CHARLOTTE\u2019S WEB, etc."},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1626767400.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Impact of Covid-19 on Hemp-Derived CBD Oil Market 2020 [ PDF ] with CAGR of the End 2026 | FOLIUM BIOSCIENCES, Tilray, CHARLOTTE&rsquo;S WEB, etc.\" src=\"https:\/\/www.abnewswire.com\/uploads\/1626767400.jpeg\" alt=\"Impact of Covid-19 on Hemp-Derived CBD Oil Market 2020 [ PDF ] with CAGR of the End 2026 | FOLIUM BIOSCIENCES, Tilray, CHARLOTTE&rsquo;S WEB, etc.\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\">\n<div>Hemp-Derived CBD Oil Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">CBD oil is extensively used for the manufacturing of skincare products to treat acne and wrinkles. Today, a wide range of CBD-based beauty products are available in the market. This can be attributed to the legalization of the use of CBD by several governments and growing awareness about the healing properties of CBD.<\/div>\n<p style=\"text-align: justify;\"><strong><span>Straits Research Latest 2020 Report, titled &lsquo;Global Hemp-Derived CBD Oil Market,&#8217; was valued at USD 873.20 million in 2019 and is expected to grow at a CAGR of 22.3% during the forecast period, 2020&ndash;2026.<\/span><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/straitsresearch.com\/report\/hemp-derived-cbd-oil-market\/\"><span style=\"text-decoration: underline;\">Hemp-Derived CBD Oil Market <\/span><\/a><\/strong>is used in a range of applications, especially in the medical sector for pain relief and treating arthritis, joint pain, neuropathic conditions, skin conditions, and other medical conditions. Apart from this, it is used in personal care, supplements, textile, and other industries. On a large scale, Hemp is grown in Europe, China, and Canada. In the U.S., it was cultivated across 78,000 acres in 2018 up from 25,713 acres in 2017.<br \/><strong><br \/><strong><strong>Get a Sample Copy of this report with the latest Industry trends and COVID-19 Impact:&nbsp; <strong><a rel=\"nofollow\" href=\"https:\/\/straitsresearch.com\/report\/hemp-derived-cbd-oil-market\/request-sample\">https:\/\/straitsresearch.com\/report\/Hemp-Derived CBD Oil-Market\/request-sample<\/a><\/p>\n<p><\/strong><\/strong><\/strong><\/strong><strong><em>The Major Players Covered in this Report:&nbsp;<\/em><\/strong><strong><em>Competitive Landscape- FOLIUM BIOSCIENCES, Tilray, CHARLOTTE&rsquo;S WEB, Bluebird Botanicals, CBD American Shaman, Aurora Cannabis, Medix CBD ConnOils, Kazmira, CBDistillery, &amp; more&#8230;<\/em><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"text-decoration: underline;\">Hemp-Derived CBD Oil: Segmentation<br \/><\/span><\/strong><strong>By Source: <\/strong>Inorganic, Organic<br \/><strong>By Applications: <\/strong>Pharmaceutical &amp; Personal Care, Food &amp; Beverages, Others<br \/><strong>By Distribution Channel: <\/strong>Retail pharmacies, Online pharmacies, Others<\/p>\n<p style=\"text-align: justify;\"><strong>Years that have been considered for the study of this report are as follows:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>History Year: <strong>2015-2019<\/strong><\/li>\n<li>Base Year: <strong>2019<\/strong><\/li>\n<li>Estimated Year: <strong>2019<\/strong><\/li>\n<li>Forecast Year: <strong>2020 to 2026\n<p><\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Buy Full Report with Detail Analysis with COVID-19 Impact &ndash;&nbsp;<a rel=\"nofollow\" href=\"https:\/\/straitsresearch.com\/buy-now\/hemp-derived-cbd-oil-market\/\">https:\/\/straitsresearch.com\/buy-now\/hemp-derived-cbd-oil-market\/<\/a><br \/><\/strong><strong><br \/>Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Hemp-Derived CBD Oil in the APAC Region:<br \/><\/strong><strong>Asia-Pacific<\/strong> region is anticipated to hold the largest market share in the global Hemp-Derived CBD Oil market during the forecast period <strong>2019-2026<\/strong>. The growth in this region can be attributed to the presence of emerging economies like <strong>India, China, Japan, Vietnam, and Indonesia<\/strong>, which account for the largest share in this region. India is one of the largest producers of Hemp-Derived CBD Oil and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world&rsquo;s exports of Hemp-Derived CBD Oil. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.<\/p>\n<p style=\"text-align: justify;\"><strong>Full Report Link @ <strong><a rel=\"nofollow\" href=\"https:\/\/straitsresearch.com\/report\/hemp-derived-cbd-oil-market\/\">https:\/\/straitsresearch.com\/report\/Hemp-Derived CBD Oil-Market<\/a><\/strong>&nbsp;<\/strong><\/p>\n<p style=\"text-align: justify;\"><span><strong>Top Five States Cultivating Hemp:<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>Montana: Over 22,000 acres<\/li>\n<li>Colorado: Over 21,578 acres<\/li>\n<li>Oregon: Over 7,808 acres<\/li>\n<li>Kentucky: Over 6,700 acres<\/li>\n<li>Tennessee: Over 3,338 acre\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span><strong>Benefits of Organic CBD Oil:<br \/><\/strong><\/span>With the increasing awareness about cannabis and its benefits, consumers around the world are shifting their focus toward organic cannabis-based oils. In line with the growing demand, pharmaceutical companies are increasing the use of organic CBD oil in the manufacturing process.&nbsp;&nbsp; For instance, Colorado Cultivars uses organic and regenerative farming practices to provide the highest quality industrial and medicinal hemp ingredients to its customers. Similarly, Avida offers a full-spectrum organic oil tincture.<br \/><span><strong><br \/>Would you like to discuss Hemp-Derived CBD Oil&nbsp;Market challenges with the experts at Straits Research?<\/strong><\/span><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/straitsresearch.com_74028.html\" rel=\"nofollow\">Straitsresearch<\/a><br \/><strong>Contact Person:<\/strong> Riya<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=impact-of-covid19-on-hempderived-cbd-oil-market-2020-pdf-with-cagr-of-the-end-2026-folium-biosciences-tilray-charlottes-web-etc\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +16464807505<br \/><strong>Address:<\/strong>825 3rd Avenue  New York, NY, USA, 10022<br \/><strong>City:<\/strong>  New York<br \/><strong>State:<\/strong> United States<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/straitsresearch.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/straitsresearch.com\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/straitsresearch.com\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=impact-of-covid19-on-hempderived-cbd-oil-market-2020-pdf-with-cagr-of-the-end-2026-folium-biosciences-tilray-charlottes-web-etc\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hemp-Derived CBD Oil Market CBD oil is extensively used for the manufacturing of skincare products to treat acne and wrinkles. Today, a wide range of CBD-based beauty products are available in the market. This can be attributed to the legalization &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/impact-of-covid19-on-hempderived-cbd-oil-market-2020-pdf-with-cagr-of-the-end-2026-folium-biosciences-tilray-charlottes-web-etc_553605.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,406,403,404,416],"tags":[],"class_list":["post-553605","post","type-post","status-publish","format-standard","hentry","category-Business","category-Pharmaceuticals-Biotech","category-UK","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/553605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=553605"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/553605\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=553605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=553605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=553605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}