Cannabidiol Market to Surpass an Outstanding Growth
Cannabidiol CBD is a molecule found in the cannabis sativa plant, which is commonly known as marijuana or hemp. The cannabis sativa plant contains more than 80 compounds known as cannabinoids. Cannabidiol is the most extensively utilised cannabinoid for medicinal purposes due to its absence of psychoactive effects. Cannabidiol oil is utilised in a variety of medicinal applications, including anxiety and depression therapy, stress reduction, diabetes prevention, pain relief, cancer symptom alleviation, and inflammation relief. The worldwide cannabidiol market is expected to develop at a profitable pace over the projected period, owing to the increased acceptance of CBD-based products to cure diseases. The global cannabidiol market size was estimated to be valued at US$ 3665.5 Million in 2021, and is expected to witness a CAGR of 47.3% over the forecast period (2021-2028). There is a rising need for nutrient-dense foods to help people achieve their fitness objectives and avoid pr