Global CBD Hemp Oil market size will reach 1110 Million US$ by 2025

Publisher: QYResearch

Published Date: 2019/1/22

Pure CBD hemp oil is extracted from the cannabis varieties that are naturally abundant in CBD, and low in THC. A specialized extraction process is used to yield highly concentrated CBD oil or pure cannabidiol that also contains other nutritious material such as omega-3 fatty acids, terpenes, vitamins, chlorophyll, amino acids, and other phytocannabinoids like cannabichromene (CBD), cannabigerol (CBG), cannabinol (CBN) and cannabidivarian (CBCV).

Pure hemp cannabidiol oil can be consumed directly as a nutritional supplement. Over the years, great advances in CBD hemp oil product development have led to what are now dozens of different types of CBD hemp oil products, including capsules, drops, and even chewing gum. Concentrated pure CBD hemp oil can also be infused into skin and body care products and used topically.

Presently, the production of CBD hemp oil is mainly concentrated in Europe and North America. Many producer of CBD hemp oil in the industry have formed an integrated industry chain, from the industrial hemp to downstream industries. Most of them can provide various finished products of CBD hemp oil to customers directly.

Global CBD Hemp Oil market size will increase to 1110 Million US$ by 2025, from 150 Million US$ in 2017, at a CAGR of 28.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for CBD Hemp Oil.

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