Cannabidiol stands for CBD is a natural substance derived from the hemp plant, or you can also learn about its connection with cannabis or marijuana. Since the CBD products hit the market, its market size is growing continuously. As per several market reports and research papers, CBD market size was estimated at USD 12.8 billion in 2021, and now t is growing with 21.7% CAGR between 2022 and 2028.
The main reason behind its market growth is the awareness of its health benefits and natural properties. As per various articles, CBD can be a good option for various health conditions and can be effective in treating different health issues like pain management and PMS.