According to a new report released today by the Brightfield Group, the hemp-derived CBD market will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent.
So, if you are still wondering to start taking it for your Did you know that at the moment, there are over 850 brands of CBD products in the US market. Great infographic if you need to scan all the latest about CBD Our data shows that interest in CBD (cannabidiol) is outpacing many other wellness trends, as measured by multiple virality metrics, across several markets and The cannabis industry is absolutely exploding right now. With the legalization of Hemp, the growth of CBD and new states legalizing, the marijuana sector is at Jul 3, 2019 Cannabidiol (CBD) Market by Product (Food Grade, Therapeutic Grade), overview of the market is provided along with statistical forecasts, Dec 16, 2018 How passage of the farm bill will affect the US and how large the hemp industry could be. Get in-depth market reports on the CBD Sector worlwide. Market share, main companies, advertising, taxation and more. Find cutting edge research & statistics on the Marijuana Industry. Marijuana Australia says over-the-counter CBD sales 'could be considered during 2020'.
CBD-Intel provides impartial, independent and premium market and regulatory analysis, legal tracking, and quantitative data for the cannabidiol (CBD) sectors, with a focus on non-US markets.
The sales of CBD are predicted to reach about $1.8 billion by 2022. At the moment, there are over 850 brands of CBD products in the US market. With over $1 billion, Colorado is the state with the highest cannabis revenues. Data on CBD user demographics show 40% of Americans are interested in trying CBD. Cannabidiol Industry Gets High, Expected to Hit $2 Billion by Lift off.
Market reports on the CBD Sector - CBD-Intel
Besides CBD oil, products that are expected to increase their sales are cannabis edibles and beverages. 42 CBD Statistics & Facts That Will Pique Your Interest 29. The global cannabis market was worth $14.5 billion in 2018. (PR Newswire, Business Insider) The CBD market analysis from 2018 varies in terms of how high the value of its global market will reach, but it’s been agreed that the sale of CBD products wil l continue to increase. Total CBD industry sales U.S. by type 2020 | Statista This statistic shows the total U.S. industry sales of CBD (cannabidiol) in 2015 and 2016, and a forecast for 2020, in million U.S. dollars, by type.
CBD Statistics and Cannabis Research Results (Latest - 2020) High CBD (>11%) High THC (>26.5%) produced the largest perceived changes in stress in a self-reported study. (Journal of Affective Disorders, 2018) In one small study, a THC+CBD strain was associated with lower levels of cannabis craving, subjective intoxication, and circulating cytokines among participants immediately after use. CBD Market Could Reach $20 Billion By 2024, Says New Study 20.05.2019 · The exploding CBD market has generated considerable headlines, providing fodder to umpteenth forecasts. The latest one, by leading cannabis researchers BDS Analytics and Arcview Market Research Cannabis Industry Statistics for 2019, from Market Growth to Some cannabis industry statistics can be hard to measure. How much the industry spends on marketing is notoriously hard to track down.
Hemp CBD Market to More Than Double by 2022 Brightfield Group, which has established itself as a thought leader in the CBD space, just announced projections for the hemp CBD industry to become a $5.7 billion market by next year, with a projection of growth by nearly 40x to $22 billion by 2022. These projections come in anticipation of the passing of the 2018 … Reading those wildly differing CBD market projections in the U.S. With projections for the growth of the U.S. CBD market diverging wildly, what’s an investor to do? On the far-out upside, Tampa, Florida-based research firm Brightfield Group, recently told Rolling Stone it expects U.S. CBD sales to hit $22 billion by 2022. CBD Hemp Oil Market Size and Share | Growth, Industry Trends and CBD Hemp Oil Market Snapshot.
CBD oil is an extract of cannabis that acts as a natural pain reliever, has anti-inflammatory properties, and reduces epileptic seizures, etc. CBD Market Growth Statistics, Cost Structure Analysis, Sales CBD Market Growth Statistics, Cost Structure Analysis, Sales Projection, Future Insights and Global CBD Industry Analysis By 2026 November 19th, 2019 Market Research Future Releases Total CBD consumer sales U.S. 2014-2022 | Statista It is expected that U.S. consumer sales of cannabidiol – usually abbreviated as CBD – will reach around 1.8 billion U.S. dollars by 2022. That would be a massive increase from around half a CBD Market Will Hit $22 Billion by 2022: Exclusive Look at New Exclusive: New Report Predicts CBD Market Will Hit $22 Billion by 2022 Looking forward to relaxed hemp regulations, a new analysis estimates that the CBD market could explode — and outpace marijuana A Budding Industry: CBD Statistics and Trends The CBD Oil Market. In 2017, the CBD oil market reached $190 million worth of sales.
Total CBD industry sales U.S. by type 2020 | Statista This statistic shows the total U.S. industry sales of CBD (cannabidiol) in 2015 and 2016, and a forecast for 2020, in million U.S. dollars, by type. It is estimated that in 2020 industry sales of CBD Oil Market by Type, Size, Share and Forecast – 2024 | MRFR Overview, The Global CBD Oil Market is expected to grow at CAGR of 38.45% to reach USD 3782.32 Million till 2024. CBD oil is an extract of cannabis that acts as a natural pain reliever, has anti-inflammatory properties, and reduces epileptic seizures, etc. CBD Market Growth Statistics, Cost Structure Analysis, Sales CBD Market Growth Statistics, Cost Structure Analysis, Sales Projection, Future Insights and Global CBD Industry Analysis By 2026 November 19th, 2019 Market Research Future Releases Total CBD consumer sales U.S. 2014-2022 | Statista It is expected that U.S. consumer sales of cannabidiol – usually abbreviated as CBD – will reach around 1.8 billion U.S. dollars by 2022. That would be a massive increase from around half a CBD Market Will Hit $22 Billion by 2022: Exclusive Look at New Exclusive: New Report Predicts CBD Market Will Hit $22 Billion by 2022 Looking forward to relaxed hemp regulations, a new analysis estimates that the CBD market could explode — and outpace marijuana A Budding Industry: CBD Statistics and Trends The CBD Oil Market. In 2017, the CBD oil market reached $190 million worth of sales.
We are witnessing a seismic shift in culture, as cannabis steps out of the black market and into unexpected industries—from big pharma, to beauty, and now to beverages.
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According to market research firm The Brightfield Group, almost half of CBD consumers discovered it through the recommendations of friends and family. Hemp-Derived CBD Will Outpace All Other Cannabis Markets, Hemp-Derived CBD Will Outpace All Other Cannabis Markets, Projected to Hit $22 Billion by 2022.