Cannabidiol Market - Forecast(2022 - 2027)

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Cannabidiol MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Cannabidiol Market size is estimated to reach
  93.4 billion by 2027, growing at a CAGR of
  21.3 during the forecast period 2022-2027.
  Cannabidiol can be delineated as an active
  compound or phytocannabinoid derived from the
  flower and leaves of the cannabis Sativa plant.
  The cultivations of marijuana plants occur across
  the globe for medicinal purposes.
• Cannabidiol holds wide-ranging applications in
  the food and beverage industry, nutraceutical
  production, and treatment of several medical
  conditions such as neurogenerative disorder,
  diabetes, insomnia, stress, bone abnormalities,
  and many others. In addition to that, cannabidiol
  can help drug addicts to lower their cravings. 

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• Key Takeaways
• Geographically, the North America Cannabidiol
  Market accounted for the highest revenue share in
  2021. The growth is owing to high health
  cognizance among residents compared to other
  parts of the world, lenient government policies
  regarding cannabis production for medical
  purposes, and the full-fledged pharmaceutical
  industry. Furthermore, Asia-Pacific is poised to
  dominate the market over the period 2022-2027.
• Augmenting chronic applications and growing
  adoption of cannabidiol as health awareness among
  people is ascending and these factors said to be
  preeminent drivers driving the growth of the
  Cannabidiol Market.

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Cannabidiol Market Segment Analysis-By
Application The Cannabidiol Market based on the
applications can be further segmented into
medical treatments (insomnia, diabetes, cancer,
neurological problems, bone abnormalities,
migraine, and others), food and beverages,
nutraceutical, personal care products, and
others. The medical treatments segment held the
largest share in 2021. The growth is owing to
ascending production of cannabidiol capsules,
oils, and sprays as the demand for the product is
sky-rocketing. Similarly, the medical treatments
and nutraceutical segment is estimated to be
the fastest-growing with a CAGR of 22.5 over the
forecast period 2022-2027. 
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• Cannabidiol Market Industry Outlook 
• Elixinol LLC
• NuLeaf Naturals
• ENDOCA
• Cannoid LLC
• Medical Marijuana
• Folium Biosciences
• Isodiol International
• Arena International
• VIVO Cannabis
• Dixie Brands

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Cannabidiol Market - Forecast 2021 - 2027 Learn
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