The Worldwide Cannabidiol Oil Industry is Projected to Reach $3.7 Billion by 2027 – ResearchAndMarkets.com

The Worldwide Cannabidiol Oil Industry is Projected to Reach .7 Billion by 2027 – ResearchAndMarkets.com


DOUBLE – (BUSINESS THREAD) – The report “Cannabidiol Oil Market Intelligence Report – Global Forecast for 2027” has been added to ResearchAndMarkets.com’s offering.

The global cannabidiol oil market is projected to reach $ 3,742.28 million in 2027 from $ 877.66 million in 2021, to a CAGR of 27.34% over the forecast period.

Market statistics:

The report provides market size and forecasts in 7 main currencies: USD, EUR, JPY, GBP, AUD, CAD and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.

In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year and the years 2023 to 2027 are considered the forecast period.

  • The size of the American cannabidiol oil market was estimated at $ 322.66 million in 2021 and was expected to reach $ 405.01 million in 2022, with a CAGR of 26.76% for reach $ 1,339.19 million in 2027.

  • The size of the Asia-Pacific cannabidiol oil market was estimated at $ 238.03 million in 2021 and is expected to reach $ 308.45 million in 2022, with a CAGR of 28.09 % to reach $ 1,051.74 million in 2027.

  • The size of the cannabidiol oil market in Europe, the Middle East and Africa was estimated at $ 316.96 million in 2021 and was expected to reach $ 403.29 million in 2022, with a CAGR of 27 , 33% to reach $ 1,351.34 million in 2027.

This research report classifies cannabidiol oil to predict revenue and analyze trends in each of the following submarkets:

Product:

  • CBD hemp oil

  • CBD marijuana oil

Source:

Distribution channel:

Application:

  • Cosmetics

  • Food and drinks

  • Medicine and Pharmaceuticals

  • Pet care

Region:

  • America

    • Argentina

    • Brazil

    • Canada

    • Mexico

    • United States

  • Asia-Pacific

    • Australia

    • China

    • India

    • Indonesia

    • Japan

    • Malaysia

    • Philippines

    • Singapore

    • South Korea

    • Taiwan

    • Thailand

  • Europe, the Middle East and Africa

    • France

    • Germany

    • Italy

    • Netherlands

    • Qatar

    • Russia

    • Saudi Arabia

    • South Africa

    • Spain

    • United Arab Emirates

    • United Kingdom

Company usability profiles:

  • Aurora Cannabis Inc.

  • Canabidol CBD

  • Canopy Growth Corporation

  • CBD Life UK

  • CV Sciences, Inc.

  • Elixinol LLC

  • Endoca

  • Leaf biosciences

  • GW Pharmaceuticals PLC

  • Hempura

  • Isodiol International, Inc.

  • Love Hemp Ltd.

  • Maricann, Inc.

  • Marijuana Medicine, Inc.

  • Organigram Holding, Inc.

  • Pharmahemp doo

  • Tikun Olam

  • Tilray Inc.

  • LIVE Cannabis Inc

For more information on this report, visit https://www.researchandmarkets.com/r/rwlwx

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