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THC-Free CBD Oil Market, Global Outlook and Forecast 2023-2029

CBD is a cannabinoid found in the cannabis plant. Research on CBD is in the early stages, and still ongoing. But some studies so far show that it has therapeutic potential. People may use CBD to help with pain, anxiety, insomnia, and more. There are two types of THC-free CBD oil you can choose from: isolate and broad-spectrum. Isolate CBD oil contains only CBD, which means you will have a form thatメs completely free from THC. No true isolate oil should contain any THC or any other cannabinoid besides CBD. Broad-spectrum CBD oils also lack THC, but they do contain other cannabinoids and cannabis compounds like terpenes and flavonoids. This report aims to provide a comprehensive presentation of the global market for THC-Free CBD Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding THC-Free CBD Oil. This report contains market size and forecasts of THC-Free CBD Oil in global, including the following market information: Global THC-Free CBD Oil Market Revenue, 2018-2023, 2024-2029, ($ millions) Global THC-Free CBD Oil Market Sales, 2018-2023, 2024-2029, (KG) Global top five THC-Free CBD Oil companies in 2022 (%) The global THC-Free CBD Oil market was valued at US$ 208.9 million in 2022 and is projected to reach US$ 917.5 million by 2029, at a CAGR of 23.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The global THC-free CBD oil market includes many companies. However, Charlotte's Web is in a dominant position in the production market. Production of THC-free CBD oil mainly concentrates in North America and Europe. North America is the largest production base with about 60% production share. Europe holds over 35% production share. For consumption, the two regions are also the biggest ones, with 95% consumption share. There are two types of THC-free CBD oil: isolate and broad-spectrum. Isolate CBD oil contains only CBD, which means you will have a form thatメs completely free from THC. Presently, Broad-spectrum CBD oils are the most widely used type and own over 65% market share. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the THC-Free CBD Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global THC-Free CBD Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (KG) Global THC-Free CBD Oil Market Segment Percentages, by Type, 2022 (%) Isolate CBD Oil Broad-Spectrum CBD Oil Global THC-Free CBD Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (KG) Global THC-Free CBD Oil Market Segment Percentages, by Application, 2022 (%) Pharmaceuticals Industry Food Industry Cosmetics Industry Others Global THC-Free CBD Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (KG) Global THC-Free CBD Oil Market Segment Percentages, By Region and Country, 2022 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies THC-Free CBD Oil revenues in global market, 2018-2023 (Estimated), ($ millions) Key companies THC-Free CBD Oil revenues share in global market, 2022 (%) Key companies THC-Free CBD Oil sales in global market, 2018-2023 (Estimated), (KG) Key companies THC-Free CBD Oil sales share in global market, 2022 (%) Further, the report presents profiles of competitors in the market, key players include: Charlotte's Web Candropharm Medical Marijuana Folium Biosciences Mile High Labs Green Roads MH medical hemp Treehouse Essentia Pura Kazmira CBD American Shaman Kanibi Outline of Major Chapters: Chapter 1: Introduces the definition of THC-Free CBD Oil, market overview. Chapter 2: Global THC-Free CBD Oil market size in revenue and volume. Chapter 3: Detailed analysis of THC-Free CBD Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of THC-Free CBD Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Global THC-Free CBD Oil capacity by region & country. Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports 1.1 THC-Free CBD Oil Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global THC-Free CBD Oil Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Y
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About this Report
Report ID 930756
Category
  • Pharmaceuticals and Healthcare
Published on 24-Jan
Number of Pages 77
Publisher Name Market Monitor Global
Editor Rating
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