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Sep 25, 2019 (MarketersMedia via COMTEX) -- Global CBD Market Overview and Analysis By Form (Solid (CBD Wax, CBD Crystals) and Liquid (e-liquid, Cream, Tincture, CBD Oil)), Application (Neurogenerative Disorder, Fibromyalgia, Diabetes, Protein Bars, Energy Drinks), End User, Source, Size, Share, and Emerging Trends Forecast To 2026
Pune, India - September 25, 2019 /MarketersMedia/ --
The CBD Market size is predicted to touch USD 2207.162 billion at a 125% CAGR over the forecast period (2019-2026), as per the latest Market Research Future (MRFR) report.
These factors, in accordance with the MRFR report, include the adoption of numerous cannabis products, growing consumers investing on cannabis products, growing use in medical application, increasing investments in research and development, and rapid technological advancements.
Moreover, CBD products have numerous benefits such as protection from Alzheimer's, treat mental health disorders and epilepsy, and contains anti-inflammatory properties.
Leading players profiled in the cannabidiol market report include Elixinol Global Limited, Canopy Growth Corporation, Medical Marijuana, Inc., CV Sciences, Inc, Isodiol International Inc, ENDOCA, CBD Health Solutions, LLC, Green Roads of Florida, LLC, Freedom Leaf, Inc, Folium Biosciences, and Aphria Inc. Key players have adopted different strategies for maintaining their presence in the market such as partnership, collaborations, joint venture, recent developments, mergers and acquisitions, and product innovations.
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