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DUBLIN–(BUSINESS WIRE)–Sep 7, 2021–
The “CBD Oil – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com‘s providing.
World marketplace for Cannabidiol (CBD) Oil estimated at US$1.4 Billion within the yr 2020, is projected to achieve a revised dimension of US$12.9 Billion by 2027, rising at a CAGR of 36.6% over the interval 2020-2027.
Marijuana-Derived CBD Oil, one of many segments analyzed within the report, is projected to file 38.8% CAGR and attain US$8.9 Billion by the tip of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Hemp-Derived CBD Oil section is readjusted to a revised 32.6% CAGR for the following 7-year interval.
The U.S. Market is Estimated at $436.3 Million, Whereas China is Forecast to Develop at 35.3% CAGR
The Cannabidiol (CBD) Oil market within the U.S. is estimated at US$436.3 Million within the yr 2020. China, the world’s second largest economic system, is forecast to achieve a projected market dimension of US$2.1 Billion by the yr 2027 trailing a CAGR of 35.3% over the evaluation interval 2020 to 2027.
Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 33.3% and 31.2% respectively over the 2020-2027 interval. Inside Europe, Germany is forecast to develop at roughly 25.5% CAGR.
EXECUTIVE SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Influence of Covid-19 and a Looming World Recession
- World 15-Yr Perspective for CBD Oil by Geographic Area – Share Breakdown of Worth Gross sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Remainder of World Markets for Years 2012, 2020 & 2027
- World 15-Yr Perspective for Marijuana-Derived CBD Oil by Geographic Area – Share Breakdown of Worth Gross sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Remainder of World for Years 2012, 2020 & 2027
- World 15-Yr Perspective for Hemp-Derived CBD Oil by Geographic Area – Share Breakdown of Worth Gross sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Remainder of World for Years 2012, 2020 & 2027
For extra details about this report go to https://www.researchandmarkets.com/r/h2hlpv
View supply model on businesswire.com:https://www.businesswire.com/news/home/20210907005687/en/
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KEYWORD:
INDUSTRY KEYWORD: ALTERNATIVE MEDICINE HEALTH
SOURCE: Analysis and Markets
Copyright Enterprise Wire 2021.
PUB: 09/07/2021 11:50 AM/DISC: 09/07/2021 11:51 AM
Copyright Enterprise Wire 2021.
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