CBD Hemp Oil Market Growth Report 2021 by Supply, Demand, Consumption, Sale, Price, Revenue and Forecast to 2027
PUNE, MAHARASTRA, INDIA, December 30, 2020 /EINPresswire.com/ -- Pure CBD hemp oil is extracted from the cannabis varieties that are naturally abundant in CBD, and low in THC. A specialized extraction process is used to yield highly concentrated CBD oil or pure cannabidiol that also contains other nutritious material such as omega-3 fatty acids, terpenes, vitamins, chlorophyll, amino acids, and other phytocannabinoids like cannabichromene (CBD), cannabigerol (CBG), cannabinol (CBN) and cannabidivarian (CBCV).
Pure hemp cannabidiol oil can be consumed directly as a nutritional supplement. Over the years, great advances in CBD hemp oil product development have led to what are now dozens of different types of CBD hemp oil products, including capsules, drops, and even chewing gum. Concentrated pure CBD hemp oil can also be infused into skin and body care products and used topically.
Presently, the production of CBD hemp oil is mainly concentrated in Europe and North America. Many producer of CBD hemp oil in the industry have formed an integrated industry chain, from the industrial hemp to downstream industries. Most of them can provide various finished products of CBD hemp oil to customers directly.
The key manufacturers covered in this report:
Kazmira
CW Hemp/CW Botanicals
Freedom Leaf
Green Roads
Medical Marijuana
Folium Biosciences
HempLife Today
Cannavest
Pharmahemp
ENDOCA
CBD American Shaman
NuLeaf Naturals
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According to this study, over the next five years the CBD Hemp Oil market will register a 30.7% CAGR in terms of revenue, the global market size will reach US$ 760 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in CBD Hemp Oil business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of CBD Hemp Oil market by product type, application, key manufacturers and key regions and countries.
This study considers the CBD Hemp Oil value and volume generated from the sales of the following segments:
Segmentation by product type:
Inorganic Source
Organic Source
Segmentation by application:
Pharmaceuticals Industry
Food Industry
Cosmetics Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global CBD Hemp Oil consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of CBD Hemp Oil market by identifying its various subsegments.
Focuses on the key global CBD Hemp Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the CBD Hemp Oil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of CBD Hemp Oil submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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