Hemp Source CBD Market
Hemp Source CBD Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Hemp Source CBD Market Size and Growth
The Hemp Source CBD market is rapidly expanding, driven by increasing consumer demand for wellness products and regulatory support. The market size is projected to reach approximately $13.2 billion by 2028, reflecting robust growth trends. Key factors influencing this market include product innovation, distribution channel expansion, and evolving consumer preferences.
Companies Covered
(Covid 19 Impact Covered)
◍ Elixinol
◍ CBD American Shaman
◍ Kazmira
◍ ENDOCA
◍ CBD Life
◍ HempMeds
◍ Bluebird Botanicals
◍ Isodiol International, Inc.
◍ CV Sciences, Inc.
◍ IRIE CBD
◍ True Blue
◍ Groff North America Hemplex
The Hemp Source CBD Market features companies like Elixinol, CBD American Shaman, and ENDOCA, focused on quality products and innovation. They drive market growth through diverse offerings, education, and strategic partnerships. Sales revenues vary, with Elixinol reporting approximately $14 million and CV Sciences around $11.2 million annually.
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Market Segmentation
By Application
◍ Personal Care and Cosmetics
◍ Food and Beverages
◍ Nutraceuticals
◍ Others
By Product
◍ Hemp-derived CBD Distillate
◍ Hemp-derived CBD Isolate
◍ Hemp-derived CBD Terpenes
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Market Growth
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$ X Billion USD
