Press release
Global CBD Oil Market to grow at a CAGR of 39.19% during the period 2017-2021
"The Report Global CBD Oil Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About CBD Oil
Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC.
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Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, whereas marijuana-derived CBD oil products have a relatively high concentration of THC.
Technavios analysts forecast the global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global CBD oil market for 2017-2021. To calculate the market size, the report considers the retail sales of CBD oil products in various geographical regions and countries.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global CBD Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ENDOCA
Gaia Botanicals
Isodiol
Medical Marijuana
Other prominent vendors
Aurora Cannabis (AC)
Cannoid
CBD American Shaman
Canopy Growth Corporation
CV Sciences
Elixinol
Folium Biosciences
IRIE CBD
NuLeaf Naturals
PharmaHemp
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Market driver
Health benefits of CBD oil
For a full, detailed list, view our report
Market challenge
Unwillingness to invest in cannabis industry
For a full, detailed list, view our report
Market trend
Growing influence of online retailing
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
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