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
CANNANNEW REPORT

DUBLIN–(BUSINESS WIRE)–The “Cannabidiol Oil Market Intelligence Report – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The Global Cannabidiol Oil Market is projected to reach USD 3,742.28 million by 2027 from USD 877.66 million in 2021, at a CAGR 27.34% during the forecast period. Market Statistics: The report provides market sizing and forecast across 7 major 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 years from 2023 to 2027 are considered the forecast period. The Americas Cannabidiol Oil Market size was estimated at USD 322.66 million in 2021 and expected to reach USD 405.01 million in 2022, at a CAGR 26.76% to reach USD 1,339.19 million by 2027. The Asia-Pacific Cannabidiol Oil Market size was estimated at USD 238.03 million in 2021 and expected to reach USD 308.45 million in 2022, at a CAGR 28.09% to reach USD 1,051.74 million by 2027. The Europe, Middle East & Africa Cannabidiol Oil Market size was estimated at USD 316.96 million in 2021 and expected to reach USD 403.29 million in 2022, at a CAGR 27.33% to reach USD 1,351.34 million by 2027. This research report categorizes the cannabidiol oil to forecast the revenues and analyze the trends in each of the following sub-markets: Product: Hemp CBD Oil Marijuana CBD Oil Source: Inorganic Organic Distribution Channel: Offline Mode Online Mode Application: Cosmetics Food & Beverage Medical & Pharmaceuticals Pet Care Region: Americas Argentina Brazil Canada Mexico United States Asia-Pacific Australia China India Indonesia Japan Malaysia Philippines Singapore South Korea Taiwan Thailand Europe, Middle East & Africa France Germany Italy Netherlands Qatar…

Excerpt only …
READ MORE BELOW
Source : The Worldwide Cannabidiol Oil Industry is Projected to Reach .7 Billion by 2027 – ResearchAndMarkets.com

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.