Global $7.99 Bn Cannabidiol Markets (2021-2027) by Source, Distribution Channel, Product, Route of Administration, End-User, and Geography, & Competitive Analysis - ResearchAndMarkets.com
The "Global Cannabidiol Market (2021-2027) by Source, Distribution Channel, Product, Route of Administration, End-User, and Geography, IGR Competitive Analysis, Impact of COVID-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
- The "Global Cannabidiol Market (2021-2027) by Source, Distribution Channel, Product, Route of Administration, End-User, and Geography, IGR Competitive Analysis, Impact of COVID-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
- The Global Cannabidiol Market is estimated to be USD 2.73 Bn in 2021 and is expected to reach USD 7.99 Bn by 2027, growing at a CAGR of 19.6%.
- Growing medical applications of CBD, growing R&D in medical cannabis, and increasing product adoption and utilization due to government approvals bolstered the market growth for Cannabidiol.
- Changing regulatory landscape and legalization for approval of CBD-based products globally is also expected to propel the market growth.