According to the latest report from the IMARC Group, entitled “CBD oil market in Europe: Sector trends, share, size, growth, opportunities and forecast 2021-2026,”The market will grow at a CAGR around 23% during 2021-2026.
Cannabidiol (CBD) is a non-psychoactive compound obtained from the resins, leaves and flowers of the marijuana or hemp plant. To produce CBD oil, cannabidiol is extracted from the cannabis plant and diluted with a carrier oil, such as coconut oil. CBD oil is high in amino acids, iron, fiber, zinc, etc. In addition to having a moderating effect on depression, anxiety, insomnia, seizures, etc., the oil is also used to relieve pain, improve heart health, relieve cancer. Related symptoms, treating acne, etc.
Like the novel coronavirus (COVID-19) The crisis is taking over the world, we are constantly following the changes in the markets, as well as the behavior of the global consumer industry and our estimates of the latest market trends and forecasts are made after considering the impact of this pandemic.
CBD European Oil Market Trends:
The growing legalization of cannabidiol in several European countries is mainly driving the CBD oil market. In addition, the increasing prevalence of various neurological and psychiatric disorders is also catalyzing the demand for products to treat these diseases. In line with this, CBD oil infusion supplements are increasingly being adopted in the treatment of cancer to minimize the side effects of chemotherapy, such as weight loss, nausea, fatigue, and so on. In addition, the advancement of the pharmaceutical industry and the increasing use of bioactive ingredients in drugs are further increasing the demand for products. In addition, the growing use of CBD oil in cosmetics and personal care products due to its anti-inflammatory and anti-aging properties is expected to further strengthen the European CBD oil market in the coming years. .
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Analysis and segmentation of the European oil market CBD 2021-2026:
Competitive landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Aurora Cannabis, Diamond CBD Inc., ENDOCA, APHRIA Inc., ConnOils LLC, Elixinol Global Limited, Emblem CANNABIS, NuLeaf Naturals, LLC, CBD Ultra Limited and The Original Alternative Limited.
The report segmented the market by region, disk type, media type, and end user.
Separation by source:
- The marijuana base
- Hemp-based
Break for Product Type:
Break for Product Category:
Break for Application:
- Food and Beverage
- Personal care
- Health care
- Nutraceuticals
- Others
Break for Distribution channel:
Division by countries:
- Germany
- Spain
- Italy
- France
- United Kingdom
- Russia
- Rest of Europe
Ask the analyst for personalization and explore the full report with OCD and list of figures: https://bit.ly/3h2U9ZE
Key aspects of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Analysis of the five forces of Porter
- Success factors and market drivers
- SWOT analysis
- Value chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of your personalization.
If you want more recent primary and secondary data (2021-2026) with cost module, business strategy, distribution channel, etc. Click to request a free sample report, the published report will be delivered to you in PDF format by e-mail within 24 to 48 hours of receipt. full payment.
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