CBD Oil Market – 38% Of Growth To Originate From North Ameri…Posted by On

(MENAFN– PR Newswire)

NEW YORK, June 2, 2022 /PRNewswire/ — The CBD oil market estimates a market value of USD 3.97 billion from 2021 to 2026 as per the latest market forecast report by Technavio. In addition, the report projects the market to progress at a CAGR of 26.43% . 38% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for CBD oil in North America. Market growth in this region will be faster than the growth of the market in the European, MEA, and APAC regions. The growing awareness of the health benefits of CBD oil products and the increasing number of states legalizing the use of marijuana products in the US will facilitate the CBD oil market growth in North America over the forecast period.

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