Expanding At 11% Cagr, Cbd Hemp Oil Market Likely To Surpass Us$ 2.5 Billion Through 2026

CBD Hemp Oil Market – Overview

This report on the CBD hemp oil market analyzes the current and future scenario of the global market. Increasing legalization of cannabis production for medical usage and demand for CBD hemp oil for chronic and neurological pain treatment are boosting the usage of CBD hemp oil. Health benefits of CBD hemp oil and focus of companies on capitalization of CBD products are major drivers of the global CBD hemp oil market.

The CBD hemp oil market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on product, application, distribution channel, and geography. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. Additionally, the section comprises product portfolios of major players, based on constituents & application, in order to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography, and market share analysis by key players. Thus, presenting a thorough analysis of the overall competitive scenario in the global CBD hemp oil market.

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Based on product, the market has been segmented into hemp-based and marijuana-based. The product segment of CBD hemp oil market has been analyzed based on available approved products, cost-effectiveness, and preference provided by physicians and patients in treating different diseases. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the period from 2018 to 2026, considering 2017 as the base year.

Based on application, the market has been classified into sleeping disorders & depression, multiple sclerosis, neurological pain, and others. The application segment of CBD hemp oil market has been analyzed based on the prevalence of disease and usage of CBD hemp oil in treatment. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the period from 2018 to 2026, considering 2017 as the base year.

Based on distribution channel, the CBD hemp oil market has been segregated into hospital pharmacies, retail pharmacies, online pharmacies, and others. The market segments have been extensively analyzed based on prevalence of the diseases and usage of CBD hemp oil during available treatment and geographical coverage. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2016 to 2026. The report also provides the compound annual growth rate (CAGR %) for each market segment for the period from 2018 to 2026, considering 2017 as the base year.

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In terms of geography, the global CBD hemp oil market has been categorized into five major regions and the key countries in the respective region are: North America (U.S., Canada), Europe (U.K., Germany, France, Spain, Italy, Russia, and Rest of Europe), Asia Pacific (Japan, India, China, Australia & New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (South Africa, GCC countries, and Rest of Middle East & Africa). The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2016 to 2026, along with their respective CAGRs for the period from 2018 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.

The report also profiles major players in the global CBD hemp oil market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include ENDOCA, Medical Marijuana, Cannoid, Canopy Growth Corporation, Elixinol Global, include Isodiol, NuLeaf Naturals, PharmaHemp, Aphria Inc., and Folium Biosciences.

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