Global CBD Industry Projected to Reach $3.7 Billion by 2027
The Global CBD Oil Market is projected to reach USD 3.7 Billion by 2027 from USD 877.66 million in 2021, at a CAGR 27.34% during the forecast period.
Market Statistics:
The report provides market sizing and forecast across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.
In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
- The Americas Cannabidiol Oil Market size was estimated at USD 322.66 million in 2021 and expected to reach USD 405.01 million in 2022, at a CAGR 26.76% to reach USD 1,339.19 million by 2027.
- The Asia-Pacific Cannabidiol Oil Market size was estimated at USD 238.03 million in 2021 and expected to reach USD 308.45 million in 2022, at a CAGR 28.09% to reach USD 1,051.74 million by 2027.
- The Europe, Middle East & Africa Cannabidiol Oil Market size was estimated at USD 316.96 million in 2021 and expected to reach USD 403.29 million in 2022, at a CAGR 27.33% to reach USD 1,351.34 million by 2027.
This research report categorizes the cannabidiol oil to forecast the revenues and analyze the trends in each of the following sub-markets:
Product:
- Hemp CBD Oil
- Marijuana CBD Oil
Source:
- Inorganic
- Organic
Distribution Channel:
- Offline Mode
- Online Mode
Application:
- Cosmetics
- Food & Beverage
- Medical & Pharmaceuticals
- Pet Care
Region:
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Europe, Middle East & Africa
- France
- Germany
- Italy
- Netherlands
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- United Arab Emirates
- United Kingdom
Company Usability Profiles:
- Aurora Cannabis Inc.
- Canabidol CBD
- Canopy Growth Corporation
- CBD Life UK
- CV Sciences, Inc.
- Elixinol LLC
- Endoca
- Folium Biosciences
- GW Pharmaceuticals PLC
- Hempura
- Isodiol International, Inc.
- Love Hemp Ltd.
- Maricann, Inc.
- Medical Marijuana, Inc.
- Organigram Holding, Inc.
- Pharmahemp d.o.o.
- Tikun Olam
- Tilray Inc.
- VIVO Cannabis Inc.
For more information about this report visit https://www.researchandmarkets.com/r/rwlwx
Global CBD Industry Projected to Reach $3.7 Billion by 2027
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