Cannabidiol (CBD), a phytocannabinoid, is carving its space in the healthcare and pharmaceuticals sector as an essential ingredient in health and wellness products that are used for curing minor aches and pains. Cannabidiol-infused products, including body oil, relieve joint aches and induce consumers with a general sense of well-being.
Sales Outlook of Cannabidiol as per the Market Survey is fairly positive and expected to register higher market growth during forecast period 2021 -2031. Learn how leading companies are striking potential partnership agreements to generate sales in Cannabidiol Market. The report answers the Demand outlook of Cannabidiol from 2021 to 2031. The report also examines the Cannabidiol market key trends and growth opportunities.
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Notable Developments in CBD Market
- Pivot Pharmaceuticals Inc., in coordination with SolMic GmbH, its German technology partner, announced the initiation of its development of PGS-N001 in 2017. PGS-N001 is a water-soluble, natural, and pure oral CBD solution, which shows highest bioavailability and is devoid of THC. PGS-N001 will be developed and formulated for treating a wide range of disease indications such as the chemotherapy-induced nausea and vomiting (CINV) – major therapeutic challenge in cancer supportive care area.
- Nightfood Holdings, a startup that manufactures and markets products in nighttime snacking category, entered into a joint venture with Player’s Network Inc. in 2017. This joint venture is dedicated toward the development of CBD-infused line of products such as cannabinoid oil.
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Essential Takeaways from the Market Report
- Comparison of prominent players operating in the market.
- Identification of Cannabidiol market drivers, restraints and other forces impacting the global Market
- Recent developments and key strategies adopted by market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain of the market.
- Evaluation of current Cannabidiol market size and forecast and technological advancements within the industry.
Key questions answered in Cannabidiol Market Survey Report –
- What is the current scenario and key trends in Cannabidiol Market?
- What are the key strategies companies are adopting to increase their consumer base?
- What are the key categories within the Cannabidiol segments and their future potential?
- What are the major Cannabidiol Market drivers and their expected impact during the short, medium, and long terms?
- What is the Cannabidiol Market size and what are the opportunities for the key players?
The Report Covers Exhaustive Analysis On:
- Cannabidiol Market Drivers, Segments and Restraints.
- Cannabidiol Market Survey and Dynamics
- Cannabidiol Market Size & Demand
- Cannabidiol Key Trends/Issues/Challenges
- Cannabidiol Sales, Competition & Companies involved
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