Global Markets Insights states, "Cannabidiol (CBD) Market size exceeded USD 2.8 billion in 2019 and is set to grow at around 52.7% CAGR between 2020 and 2026. Cannabidiol is a compound found in the hemp plant which is being utilized due to its therapeutic properties in humans. The growing trend among individuals to treat a variety of ailments such as anxiety, nausea, stress, chronic pain, neurological conditions and seizures are booming. This is due to the antibiotic and analgesic effects & properties present in cannabidiol."
"Based on product, the CBD market size is segmented into oil, tinctures, suppository, transdermal patches, isolates, tablet, capsules, vape oil, creams & roll-on and others.
Global CBD Market