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CBD Market Size Is Estimated to Grow at a CAGR of 125.5% By 2026 | Future Trends, Insights, Share, Dynamics and Global Cannabidiol Industry Overview

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anjali varma
CBD Market Size Is Estimated to Grow at a CAGR of 125.5% By 2026 | Future Trends, Insights, Share, Dynamics and Global Cannabidiol Industry Overview

The global CBD market was valued at USD 3,088.51 million in 2018, and the market is estimated to grow at USD 2,207,162.54 Million by 2026 and is expected to register a CAGR of 125.58% during the forecast period from 2019 to 2026.

Based on form, the liquid segment accounted for the largest CBD market share of 51.86% in 2018, with a market value of USD 1,601.62 million and is projected to register a CAGR of 127.24% during the forecast period.

On the basis of routes of administration, the tincture segment accounted for the largest market share of 36.65% in 2018, with a market value of USD 1,132.07 million, and is projected to register a CAGR of 126.54% during the forecast period.

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Market Research Future (MRFR) recognizes Aphria Inc., Folium Biosciences, Freedom Leaf, Inc, Green Roads of Florida, LLC, CBD Health Solutions, LLC, ENDOCA, Isodiol International Inc, CV Sciences, Inc, Medical Marijuana, Inc., Canopy Growth Corporation, Elixinol Global Limited as the key players in the global CBD market.

The global CBD market has been segmented on the basis of

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