Sep 21, 2019 (Heraldkeepers) -- The GlobalCBD Marketsize was valued at USD 3.08 billion in 2018 and is predicted to touch USD 2207.16 Billion with expanding at a CAGR of 125.58% over the forecast period from 2019 to 2026.
It is non-psychoactive, thus does not possess a strong effect on the brain as well as will not cause the high related to marijuana.
It comes in different forms, including edibles, oils and tinctures, pills and capsules, topicals, and vaping.
Moreover, CBD products have numerous benefits such as protection from Alzheimer's, treat mental health disorders and epilepsy, and contains anti-inflammatory properties.
On the contrary, stringent regulations concerning the use of CBD may restrict the CBD market growth over the forecast period.
Leading players profiled in the cannabidiol market report includeElixinol Global Limited, Canopy Growth Corporation, Medical Marijuana, Inc., CV Sciences, Inc, Isodiol International Inc, ENDOCA, CBD Health Solutions, LLC, Green Roads of Florida, LLC, Freedom Leaf, Inc, Folium Biosciences, and AphriaInc.Key players have adopted different strategies for maintaining their presence in the market such as partnership, collaborations, joint venture, recent developments, mergers and acquisitions, and product innovations.
Global CBD Market Overview and Analysis By Form (Solid (CBD wax, CBD crystals) and Liquid (e-liquid, Cream, Tincture, CBD oil)), Application (Neurogenerative Disorder, Fibromyalgia, Diabetes, Protein Bars, Energy Drinks), End User, Source, Size, Share, and Emerging Trends Forecast To 2026
The CBD Market size is predicted to touch USD 2207.16 billion at a 125% CAGR over the forecast period (2019-2026), as per the latest Market Research Future (MRFR) report.
It is non-psychoactive, thus does not possess a strong effect on the brain as well as will not cause the high related to marijuana.
It comes in different forms, including edibles, oils and tinctures, pills and capsules, topicals, and vaping.
On the contrary, stringent regulations concerning the use of CBD may restrict the CBD market growth over the forecast period.
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The global CBD market was valued at USD 3,088.51 million in 2018, and the market is estimated to grow at USD 2,207,162.54 Million by 2026 and is expected to register a CAGR of 125.58% during the forecast period from 2019 to 2026.
Based on form, the liquid segment accounted for the largest CBD market share of 51.86% in 2018, with a market value of USD 1,601.62 million and is projected to register a CAGR of 127.24% during the forecast period.
On the basis of routes of administration, the tincture segment accounted for the largest market share of 36.65% in 2018, with a market value of USD 1,132.07 million, and is projected to register a CAGR of 126.54% during the forecast period.
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Market Research Future (MRFR) recognizes Aphria Inc., Folium Biosciences, Freedom Leaf, Inc, Green Roads of Florida, LLC, CBD Health Solutions, LLC, ENDOCA, Isodiol International Inc, CV Sciences, Inc, Medical Marijuana, Inc., Canopy Growth Corporation, Elixinol Global Limited as the key players in the global CBD market.
The global CBD market has been segmented on the basis of
The global mobile 3D market is anticipated to rise at a staggering CAGR in the forthcoming period.
The report includes 3D Mobile Devices Market By Product Type, By Application, By Region Analysis & Forecast 2018-2023.
3D-enabled mobile utilizes stereoscopy or any other 3D depth technique to convey the depth perception to the viewer.
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Developing Smartphone Usage is Driving Market Growth
Global Smartphone utilization has witnessed fast increment.
North America Cannabis market Information Legal Growth Rate, Industry Size Analysis by Demand, Value Share by Derivatives (Marijuana/Flowers, Industrial Hemp, Other Concentrates/Products), by application type (Applications of Marijuana, Applications of Hemp) Forecast from 2016 to 2021
Cannabis Market of North America not only is the market projected to grow by leaps and bounds, but it has already been targeted by industry insiders.
The market size of cannabis stood over USD 3.5 billion in 2015 which is expected to expand at a CAGR over 33% over the period of 2016 to 2021, the MRFR Scholar assures us while commenting on this remarkable study report – “North America Cannabis Market” published by Market Research Future.
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A trend of volume-driven growth has been witnessed in the market of late with the development of different varieties of product types.
The sector is undergoing considerable transformation which has accelerated the growth pace of the sector.
Natural Source Surfactant -MARKET ADVISORY SERVICES
The global Natural Source Surfactant market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
This report focuses on Natural Source Surfactant volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Natural Source Surfactant market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Natural Source Surfactant in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Natural Source Surfactant manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
Alcohol and drug testing equipment are utilized to test inebriation levels stimulated by drug and alcohol consumption. Chromatography instruments, immunoassay analyzers, hair testing devices and oral testing devices, urine testing devices, and breathalyzers are extensively utilized for testing drug and alcohol content in individuals. The worldwide market for alcohol breathalyzer and drug testing equipment is anticipated to increase at a 6.9% CAGR in value terms all through the calculated period 2018-2026. The worldwide market estimated at around US$ 7,300 Million during 2017 that is likely to grow approximately US$ 13,393.3 Million towards the end of 2026.
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Market Segmentation
In terms of the equipment, the global market includes infrared (IR) based breathalyzer, semiconductor based breathalyzer, immunoassay analyzers, fuel cell based breathalyzer, oral fluid testing devices, chromatography instruments, hair testing devices and urine testing devices. The IR based breathalyzer is employed widely, owing to its high level of precision. This category is therefore likely to foresee robust growth over the assessment period. The fuel cell based breathalyzer is likely to continue as the biggest category over the calculated period, reflecting the maximum 7.3% CAGR.
In terms of the application, the global market includes alcohol detection and drugs detection. The alcohol detection is estimated to record the maximum 6.5% CAGR over the projected period, accounting for a market valuation of close to US$ 10 Billion towards the end of 2026. While rising number of drunk driving instances are likely to fuel the requirement for alcohol detection equipment, it is anticipated that drugs detection category will be highly lucrative in the said period.
In terms of the end-user, the global market includes hospitals, federal departments, private sectors and rehabilitation centres. The federal departments end-user category will be witnessing higher demand, trailed by private sectors. Although revenue generation from the earlier category is estimated to account for in excess of US$ 6 Billion, that from the second will probably succeed US$ 4 Billion towards 2026 end. Although, private sectors category is likely to increase at a faster 7.5% CAGR in the coming years.
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In terms of the region, the global market includes Europe, North America, Middle East & Africa, Asia Pacific and Latin America. North America is estimated to lead with 52.3% of the overall market share in value terms, by 2018. APAC regional market is anticipated to remain the highest growing market, reflecting a 7.9% CAGR in value terms over the projected period.
Key Market Players
The major companies functional in the global market are
- Lifeloc Technologies Inc.
- Lion Laboratories Limited
- Andatech Pty. Ltd.
- Intoximeters
- Quest Products, Inc.
- BACtrack
- C4 Development Ltd (Alcovisor)
- Drägerwerk AG & Co. KGaA
- Alere (Abbott.)
- Others
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