Press release
CBD Hemp Oil Market Approach, Focus on Key Drivers, Trends and Outlook For Next 5 Years| ENDOCA, Medical Marijuana, Cannoid, Canopy Growth Corporation, Elixinol Global
The report on global CBD Hemp Oil Market provides an up-to-date analysis of the existing scenario of the market along with latest drivers and trends, and overall environment of the said market. This business intelligence study also includes new growth avenues created during the outbreak of Covid-19 and its impact on the said market. The global CBD Hemp Oil Market study covers all the business-related aspects affected by the outbreak of this pandemic, which has left an impact on all the facets of life across the globe. This report comes with an objective as well as in-depth study of the existing state aimed at growth of the key players, strategies of the market, and prominent drivers of the market.CBD Hemp Oil Market - Snapshot
The global CBD hemp oil market is expanding owing to with increasing prevalence of chronic and infectious diseases across the globe. The global CBD hemp oil market was valued at more than US$ 950.0 Mn in 2017 and is projected to surpass US$ 2.5 Bn by 2026, expanding at a compound annual growth rate (CAGR) of more than 11% from 2018 to 2026. The global market is witnessing expansion at a relatively higher growth rate owing to increasing expenditure on health care, high incidences of chronic diseases, and, rising awareness about treating sleep disorder & depression among patients.
Some of the key players operating in this market include: ENDOCA, Medical Marijuana, Cannoid, Canopy Growth Corporation, Elixinol Global, include Isodiol, NuLeaf Naturals, PharmaHemp, Aphria Inc., and Folium Biosciences.
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Impact of COVID-19 on CBD Hemp Oil Market
The report also includes the impact of ongoing global crisis i.e. COVID-19 on the CBD Hemp Oil Market and what the future holds for it. It provides an analysis of the effects of the pandemic on the global economy. The outbreak has directly disturbed the demand and supply chain. The report also analyzes the financial impact on firms and financial markets. Researchmoz has gathered insights from several delegates of the industry and got involved in the primary and secondary research to provide the clients with data and strategies to combat the market challenges during and after COVID-19 pandemic.
CBD Hemp Oil Market coverage: It comes with the scope of products offered by each of the market players, key manufacturers, and key segments of the global CBD Hemp Oil Market. In addition to that, it comes with segmentation study offered in the report based on the type of applications and product.
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Global CBD Hemp Oil Market, by Product, 2016?2026
• Hemp Based
• Marijuana Based
Global CBD Hemp Oil Market, by Application, 2016?2026
• Sleeping Disorders & Depression
• Multiple Sclerosis
• Neurological Pain
• Others
Global CBD Hemp Oil Market, by Distribution Channel, 2016?2026
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
Global CBD Hemp Oil Market executive summary: In addition to the macroscopic indicators, this section of the report focuses on the issues, trends, market drivers, competitive landscape, market growth rate, and key studies.
As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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