CBD Oil Market – Size, Share, Trends, Growth, Forecast (2024 – 2032)

The global CBD oil market, by application, has been segmented into pharmaceuticals, food, cosmetics, and others. The cosmetic industry accounts for a major share with during the forecast period. The increased legalization and extensive research on CBD are increasing its applications in the cosmetic segment such as CBD oil infused beauty products as hemp-derived oils are known to unclog pores, be anti-inflammatory, and provide moisturization.

By region, the global CBD oil market covers the recent trends and growth opportunities across the North America, South America, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will dominate the market over the forecast period for the rising consumption of CBD products. Besides, the presence of significant players in the US, increasing awareness about CBD oil usage, efficient distribution channels resulting in easy availability, and availability of different CBD based products are also adding to the global CBD oil market growth in the region.

The global CBD oil market in Europe is predicted to hold the second-largest share in the CBD oil market over the forecast period due to the increasing awareness of clinical applications of cannabis.

Global CBD Oil Market Trends:

• In June 2019, Freedom Leaf Inc. acquired Green

Global CBD Oil Market Research Report Include:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact in altering the market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
• Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the major market players, such as
• Folium Biosciences
• Freedom Leaf, Inc.
• Green Roads of Florida, LLC
• Charlotte’s Web Holdings, Inc.
• CBD American Shaman
• CV Sciences, Inc.

Along with these companies, there were many other companies considered/ cited in the report while analyzing the CBD oil market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.