Global CBD Oil Market
                     CBD Oil Market 
Set to Exceed $ 3,095.3 Million By 2026 | CAGR: 30.9%
“CBD Oil Market Share, Size, Trends, Industry Analysis 
Report By Product (Hemp Based and Marijuana Based), By 
Application (Pharmaceuticals, Food & Beverages, Cosmetics 
and Others); By Distribution Channel (Hospital Pharmacy, 
Retail Pharmacy, Online, Others); By Regions, Segments & 
Forecast, 2019 – 2026”
CBD Oil Market Estimate & Forecast to 2026
The global CBD Oil market size is expected to reach USD 3,095.3 million at CAGR 30.9% by 
2026 according to a new study by Polaris Market Research. 
Flexibility of CBD oil thus resulting in a wide variety of applications, health benefits such as 
ability to boost cognitive abilities, anti-inflammatory properties, among others, and 
information outburst through a variety of platforms including social media are benefitting 
the CBD oil market demand. Development of novel products such as CBD oil infused honey 
and aggressive marketing strategies adopted to promote the same is also expected to 
benefit the overall market growth.
 
In the past, CBD related research was restricted to the treatment of severe diseases such as 
cancer and epilepsy and this put limitations on the usage in other avenues such as 
cosmetics. However, with multinationals taking interest in the product, the research horizon 
widened and properties such as anti-inflammatory were discovered which led to the usage 
of the oil not just by health provider brands but by wellness brands as well. This widened 
usage coupled with the rising preference for preventive healthcare has fueled CBD oil 
market growth across the globe.
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CBD Oil Market Scope
By Product By Application By Distribution Channel By Region Report Attributes
 Hempseed Based CBD Oil  Pharmaceuticals •  Hospital Pharmacy  North America  Historic year: 2015-
 Marijuana Based CBD Oil  Food  Retail Pharmacy  Europe 2017
        Cosmetics  Online  Asia Pacific  Base year: 2018
 ·Others  Others  Latin America Middle  Forecast Year: 2019-
East & Africa 2026
 Revenue (USD Billion)
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CBD Oil Market Estimate & Forecast to 2026
North America emerged as the largest market for CBD oil in 2018 and is expected to 
maintain its dominance over the forecast period. Strong presence of companies in the US, 
high awareness regarding CBD oil usage, availability of a wide variety of products as well as 
efficient distribution channels leading to easy availability are some of the factors benefitting 
the regional market demand. Acquisition of companies having good brand recall and brand 
awareness by multinationals is a key market scenario in the region.
Access Research Report On CBD Oil Market
 
The key players in the market for CBD oil include ENDOCA, Isodiol, Medical Marijuana, 
Cannoid., Canopy Growth Corporation, Elixinol Group, Folium Biosciences, 
Diamond CBD, NuLeaf Naturals, PharmaHemp, Aphria Inc. and Gaia Botanicals 
among others. Development of distribution channels, novel product development and 
aggressive marketing campaigning are some of the success factors in the industry.
 
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CBD Oil Market Size – By Application
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
growth markets, emerging business environments and latest business-centric applications, 
thereby helping them always to make informed decisions and leverage new opportunities. Adept 
with a highly competent, experienced and extremely qualified team of experts comprising SMEs, 
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
customers.
 
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