Global THC-Free CBD Oil Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global THC-Free CBD Oil Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
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.
THC-Free CBD Oil report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global THC-Free CBD Oil market is projected to reach US$ 962.4 million in 2034, increasing from US$ 203 million in 2022, with the CAGR of 24.6% during the period of 2024 to 2034. Demand from Pharmaceuticals Industry and Food Industry are the major drivers for the industry.
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 (2018-2022) 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.
Manufacturers, Type, Application and Regions Listed in the Report
Charlotte's Web
Candropharm
Medical Marijuana
Folium Biosciences
Mile High Labs
Green Roads
MH medical hemp
Treehouse
Essentia Pura
Kazmira
CBD American Shaman
Kanibi
Segment by Type
Isolate CBD Oil
Broad-Spectrum CBD Oil
Pharmaceuticals Industry
Food Industry
Cosmetics Industry
Others
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
Each chapter of the report provides detailed information for readers to understand the THC-Free CBD Oil market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of THC-Free CBD Oil, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the THC-Free CBD Oil industry.
Chapter 3Historical (2018-2022) and forecast (2024-2034) volume and revenue analysis of THC-Free CBD Oil in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, THC-Free CBD Oil introduction, etc. THC-Free CBD Oil Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13QYResearch’s Conclusions of THC-Free CBD Oil market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by QYResearch.
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.
THC-Free CBD Oil report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global THC-Free CBD Oil market is projected to reach US$ 962.4 million in 2034, increasing from US$ 203 million in 2022, with the CAGR of 24.6% during the period of 2024 to 2034. Demand from Pharmaceuticals Industry and Food Industry are the major drivers for the industry.
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 (2018-2022) 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.
Manufacturers, Type, Application and Regions Listed in the Report
By Company
Charlotte's Web
Candropharm
Medical Marijuana
Folium Biosciences
Mile High Labs
Green Roads
MH medical hemp
Treehouse
Essentia Pura
Kazmira
CBD American Shaman
Kanibi
Segment by Type
Isolate CBD Oil
Broad-Spectrum CBD Oil
Segment by Application
Pharmaceuticals Industry
Food Industry
Cosmetics Industry
Others
Segment 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
Each chapter of the report provides detailed information for readers to understand the THC-Free CBD Oil market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of THC-Free CBD Oil, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the THC-Free CBD Oil industry.
Chapter 3Historical (2018-2022) and forecast (2024-2034) volume and revenue analysis of THC-Free CBD Oil in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, THC-Free CBD Oil introduction, etc. THC-Free CBD Oil Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13QYResearch’s Conclusions of THC-Free CBD Oil market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by QYResearch.
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