Derived from the stalk and seed of cannabis (hemp) plants, cannabidiol (CBD) oil or CBD hemp oil is a natural botanical concentrate that is high in the compound CBD. Of the more than 85 cannabinoids so far identified in the cannabis plant, CBD is the second most common after tetrahydrocannabinol (THC). Unlike THC, CBD is non-psychotropic and therefore doesn’t cause a euphoric high.
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Key Players (Sales, Price, Revenue, Volume, Gross Margin and Market Share)-
Cannavest, Pharmahemp, ENDOCA, BAFA Gmbh, Protect Pharma Rakitovica, Biobloom Hemp, Deep Nature Project, Harmony, DragonflyCBD, MH medical hemp GmbH, Celtic Wind, Elixinol, HemPoland, Opencrop GmbH, Among others.
France, Estonia, Netherlands, Italy are the key industry hemp planting areas in Europe. As for the consumption of CBD hemp oil, Netherlands is the largest consumer and held 40.83% share in 2018. Other regions also keep fast growth. The European CBD hemp oil market surged from 12.41 million USD in 2013 to 45.43 million USD in 2018.
MarketInsightsReports has published a report entitled Global CBD Hemp Oil Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
Market research includes:
Location analysis report
Target market analysis
Domestic and international market competitions
– North America
– Asia Pacific
– Middle East & Africa
– South America
Points Covered in The Report:
- The points that are talked over within the report are the major CBD Hemp Oil market players that influence the market such as raw material suppliers, manufacturers, equipment suppliers, end users, traders, distributors etc.
- The all-inclusive profile of the companies is specified. The production, price, capacity, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, future strategies, supply, and the technological developments that they are creating are also incorporated within the report. Besides the historical data from 2014 to 2019 and forecast data from 2019 to 2025.
- The growth factors of the CBD Hemp Oil market are deeply discussed while the different end users of the market are underlined.
- The report also considers the SWOT analysis of the market. Finally, the report concludes with the opinions of the industry experts
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