CBD Oil Market to grow at a CAGR of 30.0% including Top Key players ENDOCA BV , Isodiol International, Medical Marijuana

November 27 08:50 2018

CBD Oil Market
Global CBD Oil market to grow at a CAGR of 30.0% to aggregate USD Million by 2023

 

HTF Market Intelligence released a new research report of 115 pages on title ‘Global CBD Oil Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025’  with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as ENDOCA BV (Netherlands), Isodiol International Inc. (Canada), Medical Marijuana Inc. (United States), Aurora Cannabis Inc. (Canada), CBD American Shaman (United States)

 

Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global CBD Oil market to grow at a CAGR of 30.0% to aggregate USD Million by 2023.

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Cannabidiol (CBD) is one of the hundreds of cannabinoids that is found in the cannabis plant. This is a naturally occurring substance, can be extracted & mixed with a carrier oil, often hemp seed or coconut, to create CBD oil. CBD oil can be derived from two different species of cannabinoids such as marijuana and hemp. Rising awareness about the health benefits of CBD is the major factors that is expected to drive growth of the global CBD oil market. The demand for CBD oil is increasing around the globe owing to their capacity to cure various ailments in the human body. CBD oil is used for the protection from Alzheimer’s disease and has anti-inflammatory properties. It also benefits in the treatment of epilepsy and mental health disorders. The adoption rate of CBD oil is increasing because they help in drug withdrawal. It is highly recommended, as it can suppress the growth of cancer cells to prevent cancer.

 

 

 

Market Trend

Increasing Legalization of Cannabis-Based Products

 

 

Market Drivers

Growing Awareness Regarding Health benefits of CBD oil , Globally Increasing Millennial Population and Rising E-Commerce Industry

 

 

Opportunities

Emerging Markets and The advent of advanced cultivation processes

 

The Vendors Covered in the Study are:

ENDOCA BV (Netherlands)

Isodiol International Inc. (Canada)

Medical Marijuana Inc. (United States)

Aurora Cannabis Inc. (Canada)

CBD American Shaman (United States)

Elixinol LLC (United States)

FOLIUM BIOSCIENCES (United States)

Freedom Leaf Inc. (United States)

NuLeaf Naturals, LLC. (United States)

Charlotte’s Web (CWB Holdings, Inc.) (United States)

 

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Regulatory Framework:

In the United States, Food and Drug Administration approved the CBD drug Epidiolex for treatment of two epilepsy disorders. Also, The U.S. Drug Enforcement Administration (DEA) has assigned Epidiolex a Schedule V classification as well as non-Epidiolex CBD remains a Schedule I drug prohibited for any usage. In 2018, the World Health Organization recommended that CBD remain unscheduled. CBD is not scheduled under any United Nations drug control treaties.

 

Available Customization: List of players that can be included in the study on immediate basis are Green Roads Wellness (United States) , Kazmira LLC (Orochem Technologies) (United States) , CV Sciences, Inc. (United States) , Cannoid LLC (United States) and Canopy Growth Corporation (Canada).

 

 

Cannabidiol (CBD) is one of the hundreds of cannabinoids that is found in the cannabis plant. This is a naturally occurring substance, can be extracted & mixed with a carrier oil, often hemp seed or coconut, to create CBD oil. CBD oil can be derived from two different species of cannabinoids such as marijuana and hemp. Rising awareness about the health benefits of CBD is the major factors that is expected to drive growth of the global CBD oil market. The demand for CBD oil is increasing around the globe owing to their capacity to cure various ailments in the human body. CBD oil is used for the protection from Alzheimer’s disease and has anti-inflammatory properties. It also benefits in the treatment of epilepsy and mental health disorders. The adoption rate of CBD oil is increasing because they help in drug withdrawal. It is highly recommended, as it can suppress the growth of cancer cells to prevent cancer.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global CBD Oil market according to Type, Application, , , and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1467867-global-cbd-oil-market-5

 

 

 

Table of Contents

 

1 Market Overview

 

    1.1 CBD Oil Introduction

 

    1.2 Market Analysis by Type

 

    1.3 Market Analysis by Applications

 

    1.4 Market Analysis by Regions

 

        1.4.1 North America (United States, Canada and Mexico)

 

            1.4.1.1 United States Market States and Outlook (2013-2023)

 

            1.4.1.2 Canada Market States and Outlook (2013-2023)

 

            1.4.1.3 Mexico Market States and Outlook (2013-2023)

 

 

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