Hemp CBD Market - Forecast(2021 - 2026)
Hemp CBD Market size is estimated at $1.7 billion in 2020, projected to grow at a CAGR of 12.3% during the forecast period 2021-2026 . Hemp is a variety of the Cannabis sativa plant species that is cultivated primarily for industrial use. It can be used to produce a wide variety of products like medical marijuana. Hemp, like bamboo, is one of the fastest-growing plants on the planet. Constipation, high cholesterol, eczema (atopic dermatitis), inflammation, and other diseases are handled with hemp. Fats, protein, and other chemicals can be found in hemp seed. The fats in hemp seed might help to reduce inflammation (swelling) driving the hemp CBD industry growth. The endocannabinoid system helps CBD to help relieve a wide variety of symptoms. It also communicates with the body through many other biological pathways and is thought to produce therapeutic effects by activating several pathways. Some chemicals in hemp seed help to facilitate bowel mov...