Research and Markets has released information on the Global Cannabidiol Oil numbers, otherwise known as CBD Oil. They looked at the combined oils from both Hemp and Marijuana. Their research shows that the world wide market is projected to reach $3.7 billion by 2027, from a compound annual growth rate of 27.24%. The Americas CBD Oil Market size was estimated at $322 million last year, and is expected to be roughly $405 million this year. By 2027, they project it will reach $1.339 Billion by 2027. The Asia-Pacific Cannabidiol Oil Market was expected to have the highest growth rate, followed by the Europe, Middle East & Africa markets. https://www.researchandmarkets.com/r/rwlwx Comments are closed.
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