Cannabidiol (CBD) oil has largely gained popularity due to its effective use in treating pain arising from chronic injuries. Moreover, it is further effective in tackling inflammation, anxiety and insomnia and also helps to improve the physiological and cognitive functions in an individual along with regulation the mood, pain and memory. Cannabidiol (CBD) is one of 113 identified cannabinoids in cannabis plants and accounts for up to 40% of the plant's extract.
Frequently Asked Questions
The market is segmented based on Global Cannabidiol (CBD) Oil Extract Market Segmentation, By Source Type (Hemp, Marijuana), Extract Type (Full Spectrum Extracts, Cannabis Isolates), Extraction Method (Solvent Based, Non-Solvent Based), Distribution Channel (B2B, B2C), End Use (Medical, Personal use, Pharmaceutical, Wellness) – Industry Trends and Forecast to 2032
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The Global Cbd Oil Extract Market size was valued at USD 14.24 USD Billion in 2024.
The Global Cbd Oil Extract Market is projected to grow at a CAGR of 21.5% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
