Growing Popularity of CBD: Market potential For Organic CBD Products
According to a report by Grand View Research, the growth potential of the cannabidiol (CBD) market is enormous. CBD’s global market size was 2.8 Billion USD in 2020. However, it is projected to rise in terms of a 21.2% compound annual growth rate (CAGR) from 2021 to 2028; as in this chart:
Source: CBD Market Size
This growth arises from CBD consumer awareness and increasing acceptance of CBD as an effective remedy for various therapeutic conditions.
The report also indicates that legalization across different states in the U.S is propelling the market growth. Also, technological advancements in extraction processes play a significant role in sourcing organic CBD.
Cannabidiol, or CBD, Is a Natural Compound In Hemp
Cannabidiol, or CBD, is a chemical compound that occurs naturally in hemp plants.
Unlike THC cannabinoids, CBD Cannabinoids are non-psychoactive. Hence, they do not manifest intoxicating features. Cannabinoids are chemicals that act on receptors, which are naturally occurring parts of the body’s endocannabinoid system.
Just like opioids, cannabinoids produce effects after having interactions with targeted receptors. Receptors are available within the Central Nervous System.
Simply put, cannabinoids stimulate and regulate how body cells communicate. Their roles include sending, receiving, and processing messages.
Some research suggests that cannabinoids offer several therapeutic effects and benefits to the body. Hence, manufacturers continue to integrate CBD into several supplements and skincare products.
There’s some anecdotal evidence suggesting that CBD may help alleviate some symptoms and enhance mood.
However, scientists need more studies to ascertain how CBD and other full-spectrum medical marijuana cannabinoids may affect the human body.
History of CBD products and Usage
CBD, short for cannabidiol, has been around for a long time. CBD use dates back thousands of years.
The first use was about 2,900BC in ancient China. It was used for food and farming purposes but eventually into early medicines.
Hemp plant was being cultivated for several reasons
There are some indications that hemp fibers were used to make clothes and rope in ancient China.
Eventually, the cannabis plant spread to India and Europe, where it is famous for its potential appetite-stimulating properties. At that point, people didn’t understand the chemical components of the cannabis plant—they just knew it worked.
Until the 1940s, scientists discovered CBD’s chemical structure in Israel. It has become an essential part of modern supplements in many countries. However, that was not enough to give CBD a legal status (and thus allow people to use it) in most western countries.
History of Hemp
In the 1970s, CBD was classified as a Schedule 1 drug by the DEA along with other drugs like heroin and marijuana.
In 2018, Congress passed the Farm Bill. According to the Farm Bill, one may possess, cultivate, manufacture, or sell cannabis products from hemp plants. For CBD products to be fit for legal use, they should have not more than 0.3% THC.
Currently, each state has its laws on top of federal laws that govern CBD use. For instance, you will need a medical marijuana card in some states to use CBD. So check your local laws before purchasing CBD! Apply for a NY medical Marijuana Card Here.
The Food and Drug Administration (FDA) allows Epidiolex as a possible treatment for rare epileptic forms. That gives the green light to more cannabis wins as research reveals more possible CBD uses. The FDA allows a cannabis derivative (Sativex) for use in cancer patients.
Regulations & Restrictions May Limit Growing Popularity of CBD
Images Credit: adobe stock photos
While the limitations of CBD as a legal substance vary by state, federal legislation is mostly keeping it from being available to many states and countries. In addition, because it’s a schedule 1 controlled substance, there are some restrictions on how one can sell or consume CBD products.
However, that will only limit its full potential. As CBD popularity continues to break limits, the industry is growing faster than most in recent years. There is still plenty of room to expand and more adventures to explore.
According to the 2017 Hemp Business Journal 500 list of companies in operation, only 147 companies did more than $1 million worth of business that year.
For perspective, that number is significantly lower than in 2013, when 597 companies were doing more than $1 million in sales.
With the growing popularity of CBD products, there is a potential for improvement. Consumers use CBD for health and wellness around the globe. The market has a massive opportunity to grow further into mainstream markets within the next few years.
Forms Of CBD Products
CBD products are available in different forms. Each form has its own bioavailability, method of ingestion, and potency.
The common types of CBD forms that are popular in the market today include:
- CBD oils
- Cannabidiol (CBD) edibles and gummies
- CBD topicals– such as ointments, balms, creams, and lotions.
CBD is available in several other forms. They include pills and capsules, vape products, and more.
Below are some Ava Wellness product options that are good for calmness, relaxation, and better sleep.
Gummies are an edible CBD form. They are available in different shapes, potencies, flavors, and prices. Lower CBD gummy doses may range to as low as 1mg.
If you intend to use CBD gummies for the first time, you may consider taking lower doses with intervals in between each dose. That will help you wait for the desired effects to kick in before ingesting more.
Also, with minimal doses, you won’t risk suffering from intolerance and overdosing.
Ava Wellness Gummies
Ava Wellness offers the best CBD gummies in the market.
The Gummies are:
- 100% Organic
- Produced in the U.S.
- Uses GMP practices
Ava Wellness gummies are available in any time, daytime and nighttime strains. With a perfect blend of full-spectrum botanicals, you won’t regret testing our gummies.
Available gummies include:
- Blackberry Lemon CBD – Sleep gummies
- CBD Blood Orange – Calm gummies
- Peach Ginger CBD – Focus Gummies
A third-party laboratory tests the gummies above.
Topicals are CBD products that you can apply to external parts of your body, like the skin. Topical CBD products include ointments, CBD-infused creams, lotions, tinctures, and balms.
The potency of topical products varies from one product to the other. With a topical product, you just have to rub it on the area you would like to experience CBD effects.
Often, CBD topicals use carrier oils and other natural ingredients for immediate effects. Hence, you should ensure that your skin is not allergic to any products before settling for CBD topical use.
Ava Wellness Organic CBD Salves
Ava wellness is your one-stop CBD salve topical shop.
Our salve has organic ingredients that come with full-spectrum CBD. These all-natural products are great for sunburns, lacerations, muscle and joint pain, skin irritations, and aches.
With our friendly interface, you should not hesitate to place an order. We offer free shipping for orders more than 75 dollars.
CBD benefits include:
It Provides Calming and Relaxing Effects
The calming and relaxation effects of CBD are likely why it has become a popular wellness product. It’s an ideal selection for those seeking relief from everyday stressors.
According to the World Health Organization, there is no evidence of recreational use of CBD or any public health problems arising from CBD use.
What’s more, research in The Journal of Clinical Investigation shows that CBD may actually work against some side effects associated with THC. For example, THC may increase anxiety and paranoia. On the other hand, CBD works to counteract those side effects.
While much more research needs to be done on how cannabinoids interact with our brains and bodies, some studies are promising.
CBD Is An All-natural Alternative
Because it is a natural extract from the hemp plant, CBD offers an all-natural alternative to pharmaceuticals. Unlike opioids, CBD has no extreme side effects.
While using CBD, patients can retain their sense of self and ability to function normally without experiencing euphoric highs or other negative “high” feelings.
CBD May Help You Sleep Better
While it’s true that CBD may help you in relaxing by interacting with your body’s endocannabinoid system, it may help you sleep better as well.
However, taking it right before bedtime may not be the best way to reap its sleep-promoting benefits.
The reason is that many forms of CBD must metabolize in the liver. Afterwhich, they will get into your bloodstream. The process can take a while if you consume a large dose at bedtime—by which point, you may have already fallen asleep.
But there are other ways to take advantage of CBD’s sleep-inducing effects. If you find yourself struggling to fall or stay asleep because of chronic stress or poor sleep quality, for example, taking small amounts of CBD throughout the day might be a better strategy than loading up on a larger dose before bed.
Whether you’re using CBD oil for insomnia or another condition, your experience will vary depending on how much you take and when.
Even if it doesn’t work right away, give it some time—and remember that even people who use prescription sleeping pills experience only modest improvements in their sleep quality after prolonged treatment.
CBD May Help With Pain Relief and Inflammation
If you’re anything like the majority of humans, you do experience pain at some point in your life. Unless you’re lucky enough to have superhuman genes, odds are you will encounter pain again at some point in your life. With that, we need all the relief we can get.
The most common uses for hemp oil extract is for anxiety and depression. However, it may help in dealing with pain. CBD for pain works by affecting the body’s endocannabinoid receptors in a positive manner.
Ava wellness CBD for pain
The cannabinoid has promising potential for providing relief from many sleep disorders like insomnia or sleep apnea. As well, gummies may help with daytime fatigue.
While CBD research is limited regarding its ability to help insomnia directly, research shows that it may improve sleep quality due to its calming effects. Also, we can’t ignore CBD’s potential ability to relieve stress, anxiety, and depressive symptoms, which often lead people down the path of insomnia
Reasons Why People Are Turning To CBD
Beyond the legal frameworks and laws surrounding CBD, there are other notable reasons why people are turning to CBD.
The fact that it’s an organic product is a plus for some, especially in times when consumers have been skeptical about the additives in food processors. Not only will CBD products be increasingly available in convenient locations near you, but people also appreciate the versatility of the product options.
Consumers can get creative with how they use their favorite Ava CBD gummies. You may use them as a part of your morning routine or as an afternoon pick-me-up.
Perhaps most importantly is the increased research on cannabis and its properties that has been conducted over the last few years. Mainstream media and press exposure have also helped spread awareness of how users are successfully incorporating this ingredient into their daily lives.
TakeAway: Consumer Awareness Contributes to CBD Market Growth
What’s more, as a result of recent changes in legislation and other regulatory events, CBD products are becoming increasingly accessible to everyone around the world.
CBD has a lot of uses ranging from skincare to life enhancement.
You may have seen it in the news recently, but CBD oil is still a highly regulated product. With public education, hemp products will get more users than one can imagine.
Would you have any questions about our vegan-friendly CBD products, Contact Us!