Press release
Explosive Growth Predicted for Cannbidiol Market as Health and Fitness Conscious Consumers Embrace Benefits
Cannabidi0l Market
There has been an upsurge in demand as people become more aware of the health benefits of Cannabidi0l. The market's rise has been aided by increased research and development activities as well as increased production.
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Key Trends and Drivers:
Rising awareness among consumers regarding health and fitness will help CANNBIDIOL market to witness rapid growth. Increasing consumer disposable income along with the legalization of medicinal canabis is anticipated to have a positive impact on the demand for Cannbidiol in this sector.
Moreover, CANNBIDIOL products are used to relieve various problems such as anxiety/ stress, sleep/insomnia, chronic pain, migraine, skin care, seizures, joint pain & inflammation, neurological conditions, and many others. The chronic pain treatment has gained much popularity due to additional benefits offered by CANNBIDIOL when used. There has been increasing demand for Cannbidiol products over recent years owing to its widespread medical applications and pain relief treatment. CANNBIDIOL helps in reducing chronic pain by acting on variety of biological process in the body. In addition, CANNBIDIOL possesses antioxidant, anti-inflammatory and analgesic properties. Therefore, CANNBIDIOL products reduces the anxiety that is experienced by the people suffering from the chronic pain. Thus, the increasing demand for CANNBIDIOL in the treatment of chronic pain is augmenting the market to grow. This also help people to maintain their health and fitness routines, while staying away from pain that may occur during fitness activities.
Market ation:
By Product Type:
• Oil
• Capsules
• Cream
• Suppositories
• Gum
By Source Type:
• Marijuana
• Hemp
By Sales Type:
• B2B
• B2C
By End-use:
• Medical
• Personal Use
• Pharmaceuticals
• Wellness
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Key Players:
• Aurora Canabis Inc. (Canada)
• Canopy Growth USA, LLC (U.S.)
• CV Sciences, Inc. (U.S.)
• Elixinol (U.S.)
• Endoca BV (Netherlands)
• Folium Biosciences (U.S.)
• Isodiol International Inc (U.S.)
• Medterra CANNBIDIOL, LLC (U.S.)
• NuLeaf Naturals, LLC (U.S.)
• PharmaHemp d.o.o. (Slovenia)
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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