According to the latest IMARC Group report entitled “European CBD oil market: Industry trends, share, size, growth, opportunities and forecast 2021-2026,“The European CBD oil market will grow at a CAGR of around 23% over the period 2021-2026. The report offers a detailed analysis of the market by product type and end-use industry, Geography) The report also analyzes the competitive landscape of the market.
Report measured value
Historical: 2015-2020
Base year: 2020
Forecast year: 2021-2026
Download a free sample of the report: https://www.imarcgroup.com/europe-cbd-oil-market/requestsample
Sector definition and application:
Cannabidiol (CBD) is a non-psychoactive compound made from resins, leaves, and flowers of the marijuana or hemp plant. To make CBD oil, cannabidiol is extracted from the cannabis plant and diluted with a carrier oil such as coconut oil. CBD oil has a high content of amino acids, iron, fiber, zinc, etc. In addition to the soothing effect on depression, anxiety, insomnia, seizures, etc. oil Also used to relieve pain, improve heart health, relieve cancer-related symptoms, treat acne, etc.
Note: We regularly track the direct impact of COVID-19 in the market, along with the indirect influence of related industries. These observations are incorporated into the report.
Market trends and drivers:
The increasing legalization of cannabidiol in several European countries is primarily driving the market for CBD oil. In addition, the increasing prevalence of various neurological and psychiatric disorders is also catalyzing product demand for treating such disorders. Accordingly, CBD oil-infused dietary supplements are increasingly used in cancer treatment to further support the product demand for the side effects of chemotherapy such as weight loss, nausea, fatigue, etc. In addition, the increasing use of CBD oil is in cosmetics and personal care products due to their anti-inflammatory and anti-aging properties is expected to further strengthen the European CBD oil market in the coming years.
Search the full report with table of contents: https://bit.ly/3h2U9ZE
European CBD oil market Segmentation:
The report has segmented the market by region, product type, and end-use industry.
Distribution according to source:
- Marijuana based
- Based on hemp
Breakdown by product type:
Distribution according to product category:
Distribution according to application:
- food and drinks
- personal hygiene
- Health care
- Nutraceuticals
- Other
Distribution according to sales channel:
Distribution by country:
- Germany
- Spain
- Italy
- France
- United Kingdom
- Russia
- Rest of Europe
Who are the majors? European CBD oil market Key characters?
The report provides a detailed analysis of the European market leaders for CBD oil including.
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.
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source https://www.bisayanews.com/2021/09/30/size-share-analysis-industry-growth-and-forecast-2026-stillwater-current/
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