Overview


According to FutureWise analysis the market for cannabidiol oil (cbd oil) in 2023 is US$ 7.45 billion, and is expected to reach US$ 25.14 billion by 2031 at a CAGR of 16.4%.

Cannabidiol (CBD) oil is a natural extract that is derived from the cannabis plant, specifically from the hemp plant. It is a non-psychoactive substance, which means it does not cause the "high" or intoxication associated with the use of marijuana. CBD oil is becoming more popular due to its potential therapeutic benefits and uses in various medical and wellness applications. CBD oil has been proven to offer a variety of possible health advantages, including reduced anxiety and depression levels, pain and inflammation relief, and improved sleep quality. It is believed to work by interacting with the body's endocannabinoid system (ECS), which maintains homeostasis or balance in the body. CBD oil may help to regulate the ECS by modulating the activity of the cannabinoid receptors, which can help to improve various physiological functions.

Pain treatment is one of the most prevalent uses for CBD oil. It is believed to have analgesic properties, meaning it may help to reduce pain and inflammation in the body. CBD oil has been demonstrated to be effective in reducing pain in conditions such as arthritis, multiple sclerosis, and neuropathic pain. It may also help to reduce the need for opioid-based painkillers, which can be addictive and have severe side effects. CBD oil is also used for its potential anti-anxiety and anti-depressant effects. It has been proven to reduce symptoms of anxiety and depression in animal studies and clinical trials. CBD oil may help to regulate neurotransmitters such as serotonin and dopamine, which are important in regulating mood and emotional well-being.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Cannabidiol Oil (CBD Oil) Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Cannabidiol Oil (CBD Oil) Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

Table of Contents


  • 1.   Market Introduction
  • 2.   Research Gradeology
  • 3.   Executive Summary
  • 4.   Cannabidiol Oil (CBD Oil) Market Variables, Trends and Scope
  • 5.   Market Overview
  • 6.   Cannabidiol Oil (CBD Oil) Market Analysis Tools
  • 7.   Cannabidiol Oil (CBD Oil) Market, By Product Historical Analysis and Forecast 2024-2032 (USD Million)
  • 8.   Cannabidiol Oil (CBD Oil) Market, By Distribution Channel Historical Analysis and Forecast 2024-2032 (USD Million)
  • 9.   North America Cannabidiol Oil (CBD Oil) Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
  • 10.   Latin America Cannabidiol Oil (CBD Oil) Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
  • 11.   Europe Cannabidiol Oil (CBD Oil) Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
  • 12.   Asia Pacific Cannabidiol Oil (CBD Oil) Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
  • 13.   Middle East and Africa Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)
  • 14.   Market Share Analysis and Competitive Landscape
  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Sources Offered and Financial Layouts)
  • 16.   Pre and Post COVID-19 Impact
  • 17.   FutureWise SME Key Takeaway Points for Client