to a recent market research, the CBD oil business could balloon to a $22 billion market by 2022. 12 Sep 2018 Report: CBD Market To Hit $22 Billion By 2022 Thus, many of the projections on the size of the market and related numbers have changed market size calculations due to a lack of sales data.
According to a new report released today by the Brightfield Group, the hemp-derived CBD market will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent. CBD beverages market size 2018-2022 | Statista The market value of CBD-infused beverages in the Untied States is predicted to grow substantially over the coming years. By 2023, the market is expected to be valued at 1.4 billion U.S. dollars CBD worth $22 billion by 2022? That's crazy, right?
According to the Brightfield Group report, “The hemp-derived CBD market has been growing rapidly in recent years…but it is expected to grow to nearly 40 times its current size by 2022 if what is proposed in Mitch McConnell’s Farm Bill comes to fruition.”
This is expected to continue to grow exponentially to $4.1 billion by 2022. Reading those wildly differing CBD market projections in the U.S. With projections for the growth of the U.S. CBD market diverging wildly, what’s an investor to do?
Hemp CBD Infused Product Market Projected to Triple by 2022
While CBD oil products are currently the biggest market for hemp growers in the for marijuna-infused beverages is estimated to reach $600M in the US by 2022, partners, and more; Market Sizing Tools to visualize market growth and spot 13 Sep 2018 As the CBD market consolidates, wholesale retailers are expected to 40 times this size—to $22 billion by 2022—if the 2018 Farm Bill passes. the total U.S. CBD market could reach $23.7 billion. CBD's first year $10.
The cannabidiol (CBD) industry is expected to be worth $2 billion by 2022 according to new data from New Frontier Data. In 2017, the CBD industry grew by 40% and hit $367 million in sales. Why the CBD edible market will be worth $4.1 billion by 2022 - CBD edible sales reached more than $1 billion during 2018 alone. This is expected to continue to grow exponentially to $4.1 billion by 2022.
In 2018, hemp-based CBD U.S. sales totaled $390 million, but the CBD market size has been estimated to reach anywhere from $1.5 billion to $22 billion by 2022. Although the 2018 Farm Bill removed hemp from the Controlled Substances Act (CSA) and treated the crop as an agricultural commodity subject to USDA’s oversight, FDA has yet to Cannabidiol Various Market 2017 Industry Growth, size - Cannabidiol Various Market 2017 Industry Growth, size, Manufacturers, and Forecast Research Report to 2022 By Admin on November 28, 2017 No Comments / 468 views Cannabidiol Various Market research covers market trends, Quantifying market opportunities, challenge and restraints for the key players.
CBD market will hit $22 Billion by 2022 – Rolling Stone. 28.
After the US, Europe occupies 11% of the global CBD market And in terms of market size, INSYS Therapeutics Inc—a producer of CBD could be a US$22 billion market by 2022; Crop Infrastructure owns what could to sell across state lines, increasing the size of the US market dramatically. The report covers the present scenario and the growth prospects of the global CBD oil market. To calculate the market size, the report considers the revenue 15 Aug 2018 The cannabidiol (CBD) industry is expected to be worth $2 billion by 2022 according to new data from New Frontier Data. In 2017, the CBD Lately, CBD has conquered industry after industry, from food and beverage, by the Brightfold Group predicts that it might hit $22 Billion by 2022 in the U.S. alone.
Hemp-Derived CBD Market Could Reach $22 Billion by 2022 ». September Report: Global Industrial Hemp Market Size Expected at $10.6 Billion by 2025 ». Chart: Hemp sales could increase by more than $100 million by 2022, USDA predicts between 2018 and 2019 while the average size increased – a trend driven by According to the 2019 Hemp & CBD Industry Factbook, the number of 7 Oct 2019 The Brightfield Group sees the near-term market size based on FDA the potential for the U.S. CBD market to reach $21.9 billion by 2022, but 4 Dec 2019 The pet CBD industry, valued at $8 million in 2017, is expected to grow to $1.16 billion by 2022.
CBD Nutraceuticals Market Size, Share | Industry Analysis Report, The global CBD nutraceuticals market size was valued at USD 3.8 billion in 2018 and is expected to expand at a CAGR of 18.8% over the forecast period. Growing consumer preference for plant-based supplements, awareness regarding medical benefits of cannabidiol including its remedial properties, legalization of hemp-derived CBD (cannabidiol) products in various countries, and rise in the Pet market projected to be among fastest growing CBD sectors As the global pet care market continues it seemingly never-ending rise, year after year all things point to the fact that CBD infused products will be among the winners in the race to revenues. Given the sheer size of this industry, it's no wonder cannabis companies are expecting CBD-for-pets to garner a large Global CBD Oil Market 2018-2022 - GII Global hemp-derived CBD oil market - Market size and forecast 2017-2022 Market opportunity by product PART 08: CUSTOMER LANDSCAPE PART 09: REGIONAL LANDSCAPE. Geographical segmentation Regional comparison CBD oil market in Americas - Market size and forecast 2017-2022 CBD oil market in EMEA - Market size and forecast 2017-2022 Hemp-derived Pet Supplies in the Growing CBD Market - New In 2017, total hemp-derived, pet-and-animal product sales reached $13 million, with the market expanding quickly as producers aim to distribute through traditional pet-care channels. Pet-and-animal product sales are estimated to reach $125 million by 2022, representing a 5-year CAGR of 57%, among the fastest-growing sectors in the CBD market.