CBD Oil Market 2019: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2025

(MENAFN- iCrowdNewsWire) Sep 27, 2019

Global CBD Oil Market Report 2019, Competitive Landscape, Trends, and Opportunities

Overview

The CBD Oil or Cannabidiol was discovered in 1940, is a phytocannabinoid. It is a part of the 113 identified cannabinoids that are present in the cannabis plants and holds its record for its accountability for up to 40 percent of the extraction from the plants. The clinical research in 2018 on the CBD Oil included some preliminary studies that included pain, cognition, anxiety and movement disorders

The Cannabidiol can be used by various methods that include the methods of inhalation by way of smoke and vapor. It can also be used as a spray for cheek and mouth in the form of aerosol spray. It is also supplied in the form of CBD Oil containing only.

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Market Segmentation of the CBD Oil

CBD Oil has mainly been segmented into:

Marijuana-derived CBD Oil Products:

This segment of the CBD Oil is derived from Marijuana that is a plant of the cannabis family and is harvested for its relaxing, and euphoric properties. The Marijuana plant is cultivated for its high quality of resinous flowers that have cannabinoids in abundance.

Hemp-derived CBD Oil Products:

This segment of the CBD Oil is derived from Hemp that is also a plant of the cannabis family and is commercially cultivated for its flowers, stalks, and seeds. The Hemp grows on to a sturdy height of two to four meters. The Hemp is the plant that is mostly cultivated outdoors.

Application of the CBD Oil:

CBD Oil is most commonly used in supplementary diets. It acts as a medium to restore chemical balance in the body. CBD Oil is also used for chronic pain, the disorder in sleep, diseases of neurology, tumors, inflammation, and AIDS.

Major Geographical Regions of the CBD Oil:

Based on the region, the global market of CBD Oil includes the United States of America, from North America. Germany, France, United Kingdom, Italy, Spain, Poland, and Russia from Europe. China, Japan, South Korea, India, Indonesia, Singapore, Thailand, Malaysia, Philippines, Vietnam, and Australia from Asia Pacific. Brazil, Mexico, and Colombia from Central & South America. And Turkey, Egypt, South Africa, Saudi Arabia, United Arab Emirates, and GCC Countries from the Middle East & Africa.

Leading Market Players of the CBD Oil:

The leading market players of the CBD Oil include Gaia Botanicals, Cannoid, PharmaHemp, Aurora Cannabis (AC), NuLeaf Naturals, ENDOCA, IRIE CBD, Isodiol, Elixinol, CBD American Shaman, Folium Biosciences, Medical Marijuana, CV Sciences, Canopy Growth Corporation, and Kazmira LLC.

Factors affecting the growth of the CBD Oil Market:

The therapeutic benefits of CBD Oil that include properties like neuroprotective and antioxidant are turning out to be a significant factor in the growth of the CBD Oil market.

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