Global Cannabidiol (CBD) Market: Size and Trends with Impact of COVID-19 and Forecast up to 2026

The market has been growing over the past few years, due to factors such as increasing millennial population, rising government approvals, growing application of CBD in skincare industry, increasing prevalence of chronic pain, etc.
 
DELHI, India - July 19, 2022 - PRLog -- In 2021, the global CBD market was valued at US$4.20 billion. The market is projected to reach US$12.64 billion by 2026. CBD is a chemical substance that can be extracted from hemp and marijuana plants and is frequently used for medical diseases such alleviating pain, anxiety, dystonia, Crohn's disease, Parkinson's disease, and many more. Hence, CBD is gaining widespread popularity across different regions. CBD can be consumed in a variety of forms, including tablets, patches, oils, extracts, vape pens, and topical skin applications.

Scope of the Report

-- An in-depth analysis of the global CBD market by product, by source, by end user, by distribution channel, by application, by region, etc.

-- The regional analysis of the CBD market, including the following regions:

North America (The US, Canada, & Mexico)
Europe (France, UK, Italy, Germany, Netherlands and Rest of Europe)
Asia Pacific (China, Japan, Thailand, India and Rest of Asia Pacific)
RoW

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global CBD market.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall CBD market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of CBD to improve the market status.

-- Identification of new technological developments, R&D activities, and product launches occuring in the CBD market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

For further details, kindly visit :

https://www.daedal-research.com/chemicals/global-cannabidiol-cbd-market-size-and-trends-with-impact-of-covid-19-and-forecast-up-to-2026

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