Cannabidiol (CBD) Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecast to 2028 The Cannabidiol (CBD) Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. The cannabis-derived therapy for treating epileptic seizures is quite a popular discovery. Cannabidiol-based products and drugs are being meticulously adopted in various industries, such as skincare or beauty & health and pet products. For instance, in July 2020, Epidiolex (CBD) oral solution was approved by the US Food and Drug Administration for use in the treatment of seizures related to tuberous sclerosis complex (TSC) in patients aged one year and above. It is the first FDA-approved medication that contains a pure cannabis-derived drug ingredient. Thus, the expanding scope of therapeutic application of cannabis has played a vital role in business growth. Browse key industry insights spread across 290 pages with 373 market data tables & 20 figures & charts from the report, “Cannabidiol (CBD) Market Analysis By Product (Oil, Tinctures, Suppository, Transdermal Patches, Isolates, Tablet, Capsules, Vape oil, Creams & Roll-on, CBD Inhalers), Application (Anxiety/Stress, Sleep/Insomnia, Chronic Pain, Migraines, Skin Care, Seizures, Joint Pain & Inflammation, Neurological Conditions), Route of Administration (Oral, Topical, Inhalation, Transdermal Patches, Rectal, Sublingual), Source (Marijuana, Hemp), Distribution Channel (Online, Offline {Hospital Pharmacy, Retail Stores}), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/cannabidiol-cbd-market The cannabidiol (CBD) market has been bifurcated in terms of product, application, route of administration, source, distribution channel, and region. Based on product, the CBD market has been segmented into suppository, transdermal patches, oil, tablets, isolates, tinctures, creams and roll-on, vape oil, capsules, CBD inhalers, and others. In 2021, the suppository subsegment recorded a market valuation of approximately USD 523.9 million and is anticipated to observe sturdy growth over the review timeline. With respect to application, the cannabidiol (CBD) market has been divided into anxiety/stress, chronic pain, sleep/insomnia, migraines, joint pain & inflammation, skin care, seizures, neurological conditions, and others. The skin care sub-segment held a market share of around 2.2% in 2021 and is slated to record substantial growth in the forthcoming years. With regards to route of administration, the industry has been classified into topical, oral, inhalation, rectal, transdermal patches, and sublingual. The inhalation sub-segment was valued at about USD 733.4 million in 2021 and is set to witness robust growth between 2022 and 2028.
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