LONDON, Dec. 1, 2017 /PRNewswire/ --
About CBD Oil
Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC.
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Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, whereas marijuana-derived CBD oil products have a relatively high concentration of THC.
Technavio's analysts forecast the global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global CBD oil market for 2017-2021. To calculate the market size, the report considers the retail sales of CBD oil products in various geographical regions and countries.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global CBD Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ENDOCA
• Gaia Botanicals
• Isodiol
• Medical Marijuana
Other prominent vendors
• Aurora Cannabis (AC)
• Cannoid
• CBD American Shaman
• Canopy Growth Corporation
• CV Sciences
• Elixinol
• Folium Biosciences
• IRIE CBD
• NuLeaf Naturals
• PharmaHemp
Market driver
• Health benefits of CBD oil
• For a full, detailed list, view our report
Market challenge
• Unwillingness to invest in cannabis industry
• For a full, detailed list, view our report
Market trend
• Growing influence of online retailing
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/5136845
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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