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CBD (Cannabidiol) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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The CBD market research reports indicate a promising future with a projected market size of $20 billion by 2024. Growing awareness about the health benefits of CBD products, increasing legalization, and rising demand for natural remedies are driving the market growth. The industry is expected to witness significant expansion in the coming years. Request
◍ Trulieve
◍ Curaleaf
◍ MedMen
◍ Green Thumb Industries
◍ Cresco Labs
◍ Harvest House of Cannabis
◍ Columbia Care
◍ Acreage Holdings
◍ Halo
◍ Planet 13
The CBD market is highly competitive with companies like Trulieve, Curaleaf, MedMen, Green Thumb Industries, Cresco Labs, Harvest House of Cannabis, Columbia Care, Acreage Holdings, Halo, and Planet 13 leading the way. These companies offer various CBD products to consumers and help grow the market through innovative products and marketing strategies.
- Trulieve reported sales revenue of $252.1 million in 2020
- Curaleaf reported sales revenue of $400 million in 2020
- MedMen reported sales revenue of $123 million in 2020
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By Application
◍ Food
◍ Cosmetics
◍ Pharmaceutical
◍ Other
By Product
◍ Oil
◍ Capsule
◍ Extract
◍ Other
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