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LONDON, Oct. 12, 2022 /PRNewswire/ — “Cannabidiol (CBD) Vape Juice Market” from Data Bridge Market ResearchThis research helps businesses thrive by offering in-depth market analyses and insights. This Cannabidiol (CBD) Vape Juice market report helps in evaluating the relative efficiency of the different advertising media, selling methods, the causes of consumer resistance, and the nature of demand for the firm’s product. With this industry analysis report, the risk of uncertainties is minimised and sound decisions are taken easily. Moreover, it is helpful in ascertaining the reputation of the firm and its products. With this market document, businesses can determine the range within which its products are to be offered to the consumers. Means, it is helpful in determining the sizes, colours, designs, prices, etc., of the products of the firm.
Data Bridge Market Research analyses that the global cannabidiol (CBD) vape juice market is estimated to reach USD 71,004.34 million in 2029 and to grow at a CAGR of 58.2% during the forecast period of 2022 to 2029.
Download Sample Copy of Cannabidiol (CBD) Vape Juice Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cbd-vape-juice-market
Market Synopsis:
CBD vape juicesalso known as CBD e-liquid or CBD vape oil, are liquids containing CBD used in e-cigarettes. These liquids are vaporized by the e-cigarette. When consumers inhale the vape juice, cannabidiol (CBD) enters their lungs, infusing the CBD into the bloodstream. CBD vape juices contain a few simple ingredients such as PG (propylene glycol), VG (vegetable glycerin), CBD extract, and the flavors used in e-liquids.
Rising disposable income, growing consumption per capita, and changing the dietary style of consumers across the globe are the major factors fostering the growth of the global cannabidiol (CBD) vape juice market. Changing lifestyle and rising awareness about cannabidiol (CBD) vape juice’s health benefits are other factors that may act as market growth determinants. Increasing demand for e-liquid and e-cigarettes will further create lucrative opportunities for growth in the cannabidiol (CBD) vape juice market.
Growing incidence of psychological disorders
There is an increase in incidences of psychological disorders such as anxiety disorders, including panic disorder, obsessive-compulsive disorder phobias, and depression.
Psychological disorders are characterized by loss of interest or pleasure, sadness, feelings of guilt or low self-worth, poor concentration, disturbed sleep or appetite, and tiredness. People with depression may also have multiple physical complaints with no apparent physical cause. Depression can be recurrent or long-lasting. Also, depression can adversely affect people’s ability to function at school or work and cope with daily life. At its most severe, depression can lead to suicide.
Some of the major players operating in the Cannabidiol (CBD) Vape Juice market are:
- CBDfx,
- HempBombs,
- Koi CBD,
- Savage CBD,
- ERTH WELLNESS,
- Hemlucid,
- VaporFi,
- JustCBD,
- NU-X CBD,
- Le petit vapoteur,
- Pure CBD Vapors,
- Vape Dinner Lady,
- CBD GENESIS,
- Malaya Hemp,
- Blue Moon Hemp,
- FUSION CBD PRODUCTS,
- Marry Jane,
- Paso
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Recent Industry Developments
- In April 2022, JustCBD signed an agreement with distribution giant OTG management to sell CBD products in airports. This has helped the company to reach out to new customer base
- In October 2021, Koi CBD launched a new full spectrum and delta 8 lines of world-class hemp products lines. The products are tinctures, gummies, as well as vape juices. This launch has helped the company to widen its product portfolio
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Cannabidiol (CBD) Vape Juice market
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Cannabidiol (CBD) Vape Juice Market
Market Dynamics: Cannabidiol (CBD) Vape Juice Market
Increasing health benefits by the usage of cannabidiol (CBD) vape juice
The cannabidiol (CBD) vape juice is manufactured from the non-intoxicating extract of marijuana or hemp, which is prescribed mainly for relief from intractable pain. Along with this, cannabidiol (CBD) vape juice helps treat …
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