Global THC-free CBD Oil Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global THC-free CBD Oil Market Research Report 2024
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 fromisolate and broad-spectrum.
Isolate CBD oil contains only CBD, which means you will have a form that’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.
According to Mr Accuracy reports’s new survey, global THC-free CBD Oil market is projected to reach US$ 258 million in 2034, increasing from US$ 203 million in 2024, with the CAGR of 3.4% during the period of 2023 to 2034. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole THC-free CBD Oil market research.
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 oilisolate and broad-spectrum. Isolate CBD oil contains only CBD, which means you will have a form that’s completely free from THC.
Presently, Broad-spectrum CBD oils are the most widely used type and own over 65% market share.
Report Scope
This report, based on historical analysis (2018-2024) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global THC-free CBD Oil market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Kazmira
CW Hemp/CW Botanicals
Freedom Leaf
Green Road
Medical Marijuana
Folium Biosciences
HempLife Today
Cannavest
Pharmahemp
ENDOCA
CBD American Shaman
NuLeaf Naturals
Select Oil
K.I.N.D. Concentrates
Canopy Growth Corporation
Aphria
Emblem Cannabis Oils
Whistler
The Lab
Absolute Terps
Segment by Type
Hemp-derived Type
Marijuana-derived Type
Pharmaceuticals Industry
Food Industry
Cosmetics Industry
Other
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The THC-free CBD Oil report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
There are two types of THC-free CBD oil you can choose fromisolate and broad-spectrum.
Isolate CBD oil contains only CBD, which means you will have a form that’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.
According to Mr Accuracy reports’s new survey, global THC-free CBD Oil market is projected to reach US$ 258 million in 2034, increasing from US$ 203 million in 2024, with the CAGR of 3.4% during the period of 2023 to 2034. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole THC-free CBD Oil market research.
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 oilisolate and broad-spectrum. Isolate CBD oil contains only CBD, which means you will have a form that’s completely free from THC.
Presently, Broad-spectrum CBD oils are the most widely used type and own over 65% market share.
Report Scope
This report, based on historical analysis (2018-2024) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global THC-free CBD Oil market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Kazmira
CW Hemp/CW Botanicals
Freedom Leaf
Green Road
Medical Marijuana
Folium Biosciences
HempLife Today
Cannavest
Pharmahemp
ENDOCA
CBD American Shaman
NuLeaf Naturals
Select Oil
K.I.N.D. Concentrates
Canopy Growth Corporation
Aphria
Emblem Cannabis Oils
Whistler
The Lab
Absolute Terps
Segment by Type
Hemp-derived Type
Marijuana-derived Type
Segment by Application
Pharmaceuticals Industry
Food Industry
Cosmetics Industry
Other
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The THC-free CBD Oil report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source