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The global cannabidiol market is estimated to account for USD 5.2 Billion market size in 2019. The market is anticipated to grow at a compound annual growth rate of 24.5% between 2020 to 2027 as per a new market research report by confianza research. Request for free sample copy at https://bit.ly/3lXABGu
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Global Cannabidiol CBD Market Trends, Growth Forecast 2020-2027
Segment: Cannabidiol Market Size, Share & Trends Analysis Report By Source Type (Hemp, Marijuana), By Distribution Channel (B2B, B2C), By End Use (Medical, Personal, Pharmaceutical & Wellness), By Region, And Segment Forecasts, 2020 – 2027. @ Confianza Market Research & Consultancy. All Rights Reserved
Statistics: The global cannabidiol market is estimated to account for USD 5.2 Billion market size in 2019. The market is anticipated to grow at a compound annual growth rate of 24.5% between 2020 to 2027 as per a new market research report by confianza research. @ Confianza Market Research & Consultancy. All Rights Reserved
Drivers: The growth can be attributed to increasing demand for CBD for medicinal usage, especially from the CBD oil market. @ Confianza Market Research & Consultancy. All Rights Reserved
Region: North America is the largest producer of CBD oil products & it is expected to continue to dominate the industry over the next decade, it is the main by-product of CBD & has high demand from around the world. @ Confianza Market Research & Consultancy. All Rights Reserved
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