CBD Hemp Oil Market Overview by Size, Shares, Top Participants, Key Regions, Segments and Global Forecast to 2023

Global CBD Hemp Oil Market Report Split Into Several Key Regions, With Sales, Revenue, And Market Share And Growth Rate. Covering North America, Europe, Asia Pacific, Middle East and Africa.

Pune, India - July 17, 2019 /MarketersMedia/ —

CBD Hemp Oil Market Global Players:

Some of the key players operating in the CBD hemp oil market include Cannoid, Elixinol, Folium Biosciences, Gaia Botanicals, Canopy Growth Corporation, PharmaHemp, ENDOCA, Medical Marijuana, NuLeaf Naturals, CBD American Shaman, Aphria Inc., Isodiol, and Aurora Cannabis.

CBD Hemp Oil Market Global Overview:

Global CBD Hemp Oil Market is set to expand at a healthy pace in the foreseeable future. The large-scale prevalence of chronic diseases has catalyzed the demand for CBD hemp oil. The trend is forecasted to perpetuate over the next few years.

Request Free Sample Copy at https://www.marketresearchfuture.com/sample_request/6501

CBD hemp oil has developed various medical applications such as mitigation of pain, stress relief, treatment of anxiety & depression, diabetes prevention, beneficial for heart health, acne reduction, alleviation of cancer symptoms, etc. The adoption of CBD hemp oil is poised to accelerate for capitalizing on its medicinal properties. Additionally, the rising healthcare expenditure across the world is expected to favor the CBD hemp oil market proliferation in the coming years.

CBD hemp oil is also extensively used for treating patients with neurological disorders. The increasing patient pool of neurological disorder is also projected to aid the growth of the global market. Furthermore, Delta-9 tetrahydrocannabinol, or THC present in the oil as a primary constituent helps in boosting immunity, which is anticipated to drive the market expansion.

The legalization of cannabis in many country-level markets is a major factor responsible for complementing the growth of the global market. Additionally, the developments and innovations introduced by the key players in their product portfolios have revolutionized the market scenario by boosting sales. CBD hemp oil is likely to gain popularity as a nutritional supplement and body care product ingredient over the next few years. This, in turn, is estimated to influence the growth of the market positively.

At present, the market looks attractive and is forecasted to gain momentum in the coming years. The growth can be ascribed to the strong value maintained by the thriving healthcare sector. Increasing awareness about the safety and efficacy of the oil is projected to augment the global market over the next couple of years.

Global Market for CBD Hemp Oil-Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on product type, application, and distribution channel. By product type, the CBD hemp oil market has been segmented into spray, tincture, vape oil, and others. By application, the market is segmented into mood disorders, neurological disorder, diabetes, fibromyalgia, pain relief, and others. By distribution channel, the market has been segmented into retail pharmacies, hospital pharmacies, medical marijuana dispensaries, e-commerce websites, and others.

Regional Outlook:

The CBD hemp oil market, by region, has been segmented into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. North America holds a substantial share of the market and is likely to gain more traction in the coming years. The legalization of cannabis sale in Canada has catapulted the regional market on an upward trajectory. A substantial increase in the production of cannabis is projected for the region, which is prognosticated to augment the regional market over the next couple of years. The market in the U.S. is also anticipated to exhibit significant expansion in the foreseeable future. The factors favoring the growth of the CBD hemp oil market in the region include the wide prevalence of chronic diseases, exponential aging population, adoption of the oil for reducing neurological pain, etc. Meanwhile, Asia Pacific CBD hemp oil market is projected to thrive saliently in the foreseeable future. The considerable growth of the country-level markets such as China, India, and Japan are poised to drive the expansion of the market in the region.

Browse Complete 157 Pages Premium Research Report Enabled with 30+ Respective Tables and Figures at https://www.marketresearchfuture.com/reports/cbd-hemp-oil-market-6501

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/cbd-hemp-oil-market-6501

Source URL: https://marketersmedia.com/cbd-hemp-oil-market-overview-by-size-shares-top-participants-key-regions-segments-and-global-forecast-to-2023/88897591

Source: MarketersMedia

Release ID: 88897591

Latest News

India's ex-Finance Minister Arun Jaitley dies at 66

Aug 25, 2019

NEW DELHI — Arun Jaitley, India's former finance minister and a key member of Prime Minister Narendra Modi's first-term Cabinet, has died. He was 66. A statement by the All India Institute of Medical Sciences announced Jaitley's death on Saturday. He was admitted to a New Delhi hospital two weeks ago after he complained of breathlessness and restlessness. Jaitley held the finance portfolio in Modi's Hindu nationalist-led government from 2014 through this year but chose not to run for reelection in May's polls because of poor health. Jaitley was diabetic and had bariatric — weight-loss surgery — in 2014, received...

Indian spacecraft launched last month is now orbiting moon

Aug 25, 2019

NEW DELHI — An unmanned spacecraft India launched last month began orbiting the moon Tuesday as it approaches the lunar south pole to study previously discovered water deposits. The Indian Space Research Organization said it successfully maneuvered Chandrayaan-2, the Sanskrit word for "moon craft," into lunar orbit, nearly a month after it left Earth. The mission is led by two female scientists. Chandrayaan will continue circling the moon in a tighter orbit until reaching a distance of about 100 kilometers (62 miles) from the moon's surface. The lander will then separate from the orbiter and use rocket fuel to brake...

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Aug 25, 2019

TEHRAN, Iran — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money. This has prompted alarm in and out of the country. In Iran, some government officials worry that the energy-hungry process of "mining" Bitcoin is abusing Iran's system of subsidized electricity. In the United States, some observers have warned that cryptocurrencies could be used to bypass the Trump administration's sanctions targeting Iran over its unraveling nuclear deal with world powers. The Bitcoin craze has made the front pages of Iranian newspapers and has...

India assesses technical snag that aborted moon mission

Aug 25, 2019

NEW DELHI — India's space organization is examining the technical snag that led to the aborting of the launch Monday of a spacecraft intended to land on the far side of the moon, an official said. The Chandrayaan-2 mission was called off shortly before liftoff early Monday by the Indian Space Research Organization when a "technical snag" was observed in the 640-ton, 14-story rocket launcher. Vivek Singh, the ISRO's media director, said the organization should be able to choose a new launch date within days. He declined to go into details. Chandrayaan, the Sanskrit word for "moon craft," is designed...

AP Photos: Indian mother prays to 'bleeding goddess' for son

Aug 25, 2019

GAUHATI, India — Monika Deb Nath begins her morning with a prayer and a dip in a holy pond, all the while praying for her son, Gopal. Her days are spent caring for him — feeding him, taking him to the toilet, bathing him, keeping him hydrated. When she's not praying, Nath hovers around the 17-year-old with a small fan, trying to give him some relief from the heat and humidity. Nath, 45, and her husband have visited the Kamakhya temple for the fourth year for the annual Ambubachi festival, praying for a miracle to heal their son from cerebral...

Search
Broaden News

Sign up now!

Recent Discovery will take you to the captivating developments in science, technology, and the universe around us. We deliver to you the latest news, theories, and developments in the world of science.

Contact us: sales[at]recentdiscovery.com