Global CBD hemp oil market was valued at more than US$ 950.0 Mn in 2017 and is projected to surpass US$ 2.5 Bn by 2026, expanding at a compound annual growth rate (CAGR) of more than 11% from 2018 to 2026.
Before looking at various health benefits of CBD oil, let’s have a brief introduction of the oil and how it prepared. Well, CBD oil or Cannabidiol is commonly used for treatment of various ailments. It is basically abstracted from Marijuana plant. Though being an extract of marijuana, the oil does not get the user high and effectively helps to overcome that pain. The reason that this oil does not affect the users is that it lacks Tetrahydocannabinol or THC. This THC is the main psychoactive cannabinoid compound that gives the user a sensation of getting high. It is because of this property, many pain relief drugs have CBD oil in them. Owing to this factor, the global CBD hemp oil market is experiencing a major growth these days.
There are various other health benefits of CBD oil, some of them are mentioned below:
Effective Pain Relief: Presence of Tetrahydocannabinol or TCH in CBD oil can reduce the various pains in the user’s body. Since it does not contain any psychoactive compounds, the user does not feel dizzy or high as its side effects. Owing to this feature the CBD hemp oil market is booming these days.
Anti Depressant and Anti Anxiety: CBD oils are one of the best anti depressants available in the market today. These oils can effectively stimulate the feel good hormones in the user body. The oils are also effective in treatment of anxiety. Various studies shows that CBD oils can relieve the users from anxiety disorders and many other psychological problems. As the number of anxiety and depression patient increases, the demand of CBD oils has grown to an unprecedented level. This growing demand is expected to fuel the growth of global CBD hemp oil market in coming years.
Best Against Acne: CBD may have beneficial effects on acne due to its anti-inflammatory qualities and its ability to control the overproduction of sebum from the sebaceous glands. It is because of this reason, many anti-pimple creams have CBD oil has main ingredient. This application in various skin care products is also promoting the growth of global CBD hemp oil market.
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As a result of these benefits the global CBD hemp oil market is expected to experience a major growth in recent coming years.
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