CBD Hemp Oil Market is Projected to Surpass US$ 2.5 Billion by 2026

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.

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.

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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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Ganesh Rajput

As one of the lead news writers on CMFE News, Ganesh’s specialization lies in the science and technology domains. His passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Ganesh’s take on the impact of digital technologies across the science, technology, and business domains gives his writing a fresh and modern outlook.

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