10 CBD Statistics & Facts - Industry Growth

Discover key data on CBD consumption around the world

The Cannabidiol or CBD molecule was discovered in 1940 by a team of American researchers*. Since then, numerous scientific studies have been evaluating its chemical properties and the subject has continued to arouse the interest of health professionals and followers about natural wellness products.

CBD does not generate any dependencies. It is a non-psychoactive natural product that acts on well-being without "getting high" and its use is legal.

Hemp has nearly 500 active components, with 104 cannabinoids that includes CBD, which is extracted from its fibres and seeds.

Number of actions and benefits identified to date by health professionals and consumers of CBD, and the list continues to grow. Among them are its antispasmodic, anticonvulsant, antioxidant, anti-stress, anti-inflammatory, anti-tumor, antiemetic, sleep and appetite regulating effects

CBD is available in many common products that we can summarize in 4 main categories:

1. Food products such as oil, candy, beverages ++
2. Cosmetic products, such as creams, balms, ointments, massage oils ++
3. Dietary supplements, such as capsules, chewing gum ++
4. E-liquids, for vaporization or inhalation.

Million is the estimated number of online searches made per month using keyword CBD. If we compare,  for instance "FIFA" generated "only" 5 million searches in 2019**. This proves the interest in CBD.

Consumers initially chose CBD to reduce stress or combat insomnia.

Consumers over age of 40 use CBD to relieve joint and muscle pain.

Billion is the global CBD market potential predicted by economists for 2024. As CBD impact many industries (food, candy, beverages, beauty, skin, etc.) a significant volume of hemp-derived CBD products will be accessible through various distribution channels.

Specialists are clear: CBD is the new must for modern consumption, as it meets the well-being needs of today's society, which now wants effective, healthy and addiction-free products.

* Article written by Roger Adams Madison Hunt and J. Clark announcing the discovery of CBD in 1940.

The information and products presented on this site are not intended for medical use. Always seek the advice of a doctor if you have any questions about a health problem.