Medical Sector captures Major Global Cannabidiol (CBD) Market Share

Published on : Oct 23, 2019

Cannabidiol (CBD) is naturally occurring in cannabis plants and issued in various products that include oils, gums, supplements and high concentration extracts used in treatment of many ailments. CBD has primarily used in medicinal products and is presumed to help in treatment of neuropsychiatric disorders such as anxiety and epilepsy.

Cannabis is cultivated to produce cannabis for recreation and commercial use that includes using hemp fiber obtained from stem of the plant. Quality of THC is kept more than CBD in product such as           dried female inflorescences that are used for smoking and oral use. Whereas, hemp fiber cultivation uses higher CBD level as compared to THC. The cultivated plants are influenced by different factors such as production technology and environmental conditions. Several agro climatic conditions that includes ambient temperature, humidity, precipitation and soil temperature are influence THC and CBD content. Temperature positively influences CBD content whereas precipitation has negative impact.

An intelligence report titled, “Global Cannabidiol (CBD) Market (2019 Edition): Analysis By Source (Hemp, marijuana), Application (Pharmaceuticals, Cosmetic Industry, Others): Opportunities and Forecast (2017 – 2024)” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository

CB? and CB? cannabinoid receptors

Cannabinoid receptors can be broadly categorized into two receptors namely, CB? and CB? where the former is part of central nervous system and the latter are found in cell periphery with immune system and in gastrointestinal tract. CBD low toxicity effects that include pro-apoptic effect in lymphocytes and immune suppression.

CBD is clinically used in treatment of epilepsy. It exhibits anti-emetic and anti-nausea effects. Researches have been made of several anti-anxiety models using functional neuro-imaging and the result has been positive. CBD is presumed to decrease anxiety and increase mental sedation and has anxiolytic effect on left amygdala hippocampal complex of brain. Studies suggest that CBD aids treatment of rheumatoid arthritis. Researches and studies rea carried out to assess effect of CBD on cancer cells. Study reveals that pertussis toxin involved in inactivating cannabinoid receptors have no impact on cancer cells.

Global Cannabidiol market: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the Global Cannabidiol market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global Cannabidiol market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on Cannabidiol.

An insightful and deep-dive assessment of the competitive assessment of the Global Cannabidiol market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global Cannabidiol market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Global Cannabidiol market: Research Methodology

Primary sources and secondary sources propel intelligence report on Global Cannabidiol market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.

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