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MarkNtel Advisors, a leading market research company, has recently released its latest Global Cannabidiol Market Report By Application (Medicinal Use, Beauty, & Personal Care, Pets, Recreational), By Product Type (Edibles, Flower, Oil & Tinctures, Pills & Capsules, Topicals, Others) and others forecast [2024-30]. This comprehensive examination analyzes the Cannabidiol market size, share, growth, and revenue of the market by 2030. Our research provides valuable insights for individuals making data-driven decisions, including business owners and analysts. Whether your objective is to explore new markets, launch a new product, or maintain a competitive edge, our research report on the market offers well-researched facts and figures related to market size, share, growth, and revenue in the industry.
The Global Cannabidiol (CBD) Market size was valued at USD 22.7 billion in 2023 and is projected to grow at a CAGR of around 19.21% during the forecast period, i.e., 2024-30.
Sent Your Request For Report Free Sample, Here – https://www.marknteladvisors.com/query/request-sample/cannabidiol-cbd-market-analysis.html
Growing Inclination of Government Toward Approving CBD to treat Mental Disorders – Since 2017, products derived from cannabis have been gaining significant interest owing to their health-related benefits for anxiety, muscle pain, seizures, etc. In addition, progressive research & drug developments have evaluated that important medical therapies could be well-performed using CBD. As a result, due to its non-psychoactive behavior, CBD has emerged as a treatment for seizures in recent years.
In the light of controlled clinical trials, the US government approved a CBD-based drug for epilepsy treatment in 2018. Therefore, such approvals for CBD-based drugs & medicines by government authorities worldwide are likely to drive the Global Cannabidiol Market during 2024-30. For instance, in 2018:
The report looks closely at big companies in the market, studying how they plan to be in the market over the coming years. The information we gathered can even help new companies in the long run. With useful facts and advice, our report gives a clear picture of the market, helping investors and others make strong decisions in the Cannabidiol market. The report points out important companies, including:
> Aurora Cannabis Inc
> CV Sciences
> Endoca
> Cannabidiol (CBD) American Shaman
> Bluebird Botanicals
> Isodiol International
> Medical Marijuana Inc
> Elixinol
> Hemp Inc
> Canopy Growth Corporation
> Others
accompanied by their respective net worth and valuation in USD.
Link to See Our Full Insight of Study [Include Description + TOC], – https://www.marknteladvisors.com/research-library/cannabidiol-cbd-market-analysis.html
The segmented of Global Cannabidiol Market is as follows:
By Application
> Medicinal Use
> Beauty & Personal Care
> Pets
> Recreational
By Product Type
> Edibles
> Flower
> Oil & Tinctures
> Pills & Capsules
> Topicals
> Others (Vape, Spray, etc.)
By Distribution Channel
> Regulated Dispensary
> Stand-Alone Retailers
> Department/Super Stores
> Online Portals
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
