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. global cbd oil market size is forecast to grow by usd 3. 52 billion duringat a cagr of 32% with marijuana- derived cbd oil segment having largest market share. cbd oil market analysis indicates health- promoting benefits of cbd oil will drive market growth. the growing legalization of cannabis- based products will also fuel cbd oil industry growth. a report from technavio said this market will continue to grow, saying: " the cbd oil market size will grow by $ 3. 52 billion during. the market' s growth momentum will accelerate during. based on product, the cbd market size is segmented into oil, tinctures, suppository, transdermal patches, isolates, tablet, capsules, vape oil, creams & roll- on and others.
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