CBD has been gaining traction as a healthier alternative to over-the-counter drugs all over the world. The cannabis plant derivative has a plethora of benefits and is widely available in many different forms. People have taken a special interest in CBD over the past few years. As per CBD statistics, over 6.4 million searches were made for the term “CBD” on Google. The highly popular cannabinoid has been on the minds of civilians as a preferred ingredient in their diets.

CBD products such as CBD oils, tinctures, vapes, and creams have increased the potential for the CBD market. Cannabis lovers and CBD users spend thousands of dollars every year on CBD products. The growth of CBD sales inspired numerous brands to include the cannabinoid in their offerings to become a part of the ongoing trend. The global CBD market is likely to hit the $23 billion mark in projected sales by 2025.

What is CBD?

CBD stands for cannabidiol. It is one of the main hemp-derived cannabinoids available on the market. People use CBD to alleviate stress, chronic pain, and improve their sleep. CBD market data and CBD statistics claim that over 86% of Americans have at least heard of CBD. It also claims that 14% of people living in the U.S. are regular CBD users.

CBD consumers have replaced many of their medications and opioids with the cannabinoid. The CBD industry relies on CBD legal products such as CBD oil, vapes, and edibles for its sustained growth. Hemp-derived CBD products can be bought from medical marijuana dispensaries, retail stores, and online.

Benefits of CBD

Medical cannabis and marijuana-derived CBD have several health benefits. These benefits have led to the rampant rise of CBD sales. The CBD industry has turned the production of the cannabis plant into a multi-billion dollar segment. Hundreds of CBD companies are backing the use of the cannabinoid to promote health and wellness. Here are a few advantages that might inspire you to use CBD in your daily life.

1. Can help you manage your stress

CBD is a cannabinoid that can be used to destress. The effects of CBD can help calm your nerves, soothe your body, and still your mind. People use CBD oil in their food supplements and beverages to unwind during the week. A small dose of CBD oil can treat your anxiety and manage your stress levels with ease.

 

Hemp-derived CBD acts very differently on your body and mind compared to THC. Unlike THC, CBD oil does not have any psychoactive effects. It does not give you a high and makes CBD legal in more states in the U.S. than THC. You can purchase CBD from medical marijuana dispensaries and local supermarkets at any time. You can also purchase CBD products without a prescription.

2. Can alleviate chronic pain

Many people use CBD to treat physical pain. CBD users feel that the cannabinoid is a much safer alternative to traditional medicine. The natural compound found in marijuana-derived CBD has proven to be remedial in treating joint aches, physical discomfort, and arthritis.

According to CBD health statistics, 40% of people in the U.S. use CBD oil for pain relief. Medical cannabis products containing both CBD and THC have an improved effect and can alleviate pain faster than over-the-counter medications. Topical creams that have CBD in them have a faster rate of absorption compared to tinctures and CBD-infused food.

3. Can stimulate your appetite

The loss of appetite in young people is a common condition that can be rectified by using CBD. CBD user demographics state that over 40% of people that have tried CBD are between the age of 18 – 29. Young adults have been an integral part of the CBD market and invest at least a few hundred dollars every year in CBD products.

Hemp-derived CBD oil can increase your appetite. Regular CBD users prevent malnutrition and weight loss. You can use CBD-derived products to improve the functions of your digestive system. Business owners and CBD consumers view the CBD market as a potential investment as a result. CBD sales statistics suggest that the compound annual growth rate of CBD products is likely to increase by 30% in the coming years.

4. Can improve your sleep

Good quality sleep is essential to enjoy your life to the fullest. Large groups of people resort to CBD use to treat their sleep deprivation. Generally, prescription medications for sleep have various disadvantages compared to a CBD product. The side effects of prescription sleep medications can include irritability, fatigue, and in some cases, even worse quality of sleep in the long run.

Marijuana-derived CBD products can drastically improve the quality of your sleep. According to CBD statistics, a whopping 66% of people have reported better sleep within the first month of CBD use. CBD oil, in particular, is a CBD product that has been highly effective in resetting sleep patterns in adults. Millions of people suffering from sleeplessness are living happier lives by using CBD.

5. Can reduce inflammation

Market trends indicate that people bought cannabidiol products as CBD reduced inflammation. CBD is among the few cannabis compounds that have anti-inflammatory properties. Hemp-derived CBD has been used extensively in capsules and roll-ons to decrease inflammation in muscles and sprains.

 

The government regulates CBD oil consumption to facilitate the safe usage of the cannabinoid. The majority of CBD benefits can take a few hours to reach the peak of its effects after being consumed. The global market of CBD edibles and beverages includes delicious drinks that include CBD coffee and tea. CBD statistics reveal that the CBD market for CBD and THC drinks could be worth $600 million in 2022. These consumable products can enhance the inflammatory effects of cannabidiol.

6. Can help you manage your heart conditions

Severe heart conditions can often lead to an untimely death. CBD users use a variety of products to regulate their heart rate. Many CBD business owners have put their money behind CBD research and the hemp industry to determine the effects of cannabidiol on heart conditions.

The anti-oxidant properties of cannabidiol can lower blood pressure and reduce cardiac inflammation. Experts from the CBD industry have claimed that CBD use can also reduce the chances of having a stroke in people suffering from heart complications.

7. Can treat acne

Cannabis oil and topical can be applied to the skin to treat acne. Cannabidiol can prevent the excess production of sebum and restrain cytokines from being activated. Apart from preventing acne breakouts, cannabidiol can also reduce inflammation in people affected by psoriasis.

As per a survey conducted by the Grand View Research, the market size of skincare products is estimated to be worth $1.7 billion by 2025. Oils, moisturizers, serums, and cleansers are the top products mentioned in the CBD usage statistics.

Important CBD Statistics

Cannabis sales have been skyrocketing since its legalization in 2018. With a ton of CBD brands and CBD trends out there in the market, you can consume CBD in a number of different ways that suit your needs.

 

From CBD user demographics to CBD stats, there is plenty of evidence to back the claims that cannabidiol can heal your physical and mental health better than a prescription drug. CBD users find that these CBD fun facts can help them raise awareness about cannabis culture as it takes its stance as a leading benefactor for your health.

#1. CBD sales in the U.S. is expected to reach $20 billion by 2024

The CBD market has grown at an exponential rate in the U.S. The sale of CBD products is likely to reach $20 billion by 2024. Millions of people are eager to use cannabidiol as an active ingredient to complement their stress-free routines. Recreational cannabis has paved the path to increased consumer sales in many states in the U.S. CBD users purchase CBD products that are easy to carry with them as they are on the move.

 

#2. The global cannabidiol market earned $12.8 billion in 2021

The rise of CBD popularity has become a global phenomenon. Amazing CBD products such as highly concentrated cannabidiol oil, cannabis edibles, and CBD bath bombs have helped CBD online sales to reach new highs. The appeal of these finely crafted products has urged CBD users to buy them frequently.

North America is the highest contributor to the CBD market, with an astounding $7.7 billion spent on CBD products in 2021. Europe and the Asia Pacific were the next biggest markets for CBD consumption.

#3. The number of licensed hemp growers in the U.S. grew by 27%

Hemp is one of the most cultivated crops in the U.S. The cannabis plant is used to extract several chemicals that include tetrahydrocannabinol, cannabigerol, and cannabidiol. CBD has plenty of advantages and is not a non-psychoactive substance compared to severe forms of hemp such as THC.

 

Cannabidiol is viewed as a natural remedy by CBD users all over the world. The growing demand for cannabis has motivated many Americans to grow hemp, increasing the number of licensed hemp farmers by 27%.

#4. Colorado has generated over $1 billion in cannabis sales since 2014

Colorado is among the largest producer of cannabis and made over $1 billion in the U.S. market. CBD is one of the most used chemicals extracted from cannabis. In 2019, California made over $730 million from the sale of cannabis, Florida made $291 million, and New York made $215 million.

#5. 80% of people use cannabidiol at least once a week

According to CBD oil statistics, 80% of cannabis users use cannabidiol at least once a week. Regular users of cannabidiol buy one or two CBD products every month, actively contributing to the cannabis market. CBD products can be used in various ways to accommodate the needs of people.

#6. 56% of people living in the U.S. promote cannabidiol as an alternative medicine

The U.S. is a major consumer of cannabidiol. Many Americans use CBD products as a safer alternative to pharmaceuticals.

Cannabis culture generates billions of dollars every year for the U.S. Most people endorse the use of cannabinoids in their daily life. Not only CBD but THC is also a much loved chemical compound that is derived from cannabis.

#7. 36% of people have replaced opioids with cannabidiol

People working in the manual labor sector are prone to physical injuries. Sports professionals and athletes also undertake considerable strain on their bodies. Physicians often prescribe opioids to people to relieve their pain. However, opioids are addictive substances that can deteriorate the body over time.

Cannabidiol has many healing properties that can serve as a natural remedy to opioids. 36% of people have said that cannabidiol is an affordable alternative to opioids. Cannabidiol does not have any long-term side effects that are common with opioids.

The World Health Organization has stated that there is no evidence to support the claims of substance abuse or dependency associated with the use of cannabidiol in medical treatments.

#8. 79.2% of people experienced reduced anxiety within 30 days of using cannabidiol

In a medical survey, 72 adults were administered small doses of cannabidiol to treat anxiety. 57 out of the 72 people displayed reduced scores of anxiety within the first month of treatment.

An impressive 79.2% of people reacted positively to cannabidiol treatment for their anxiety. Regular intake of the chemical can help you destress without any adverse effects as a result. The survey also reported that 66.7% of the people had improved sleep within the first 30 days of using cannabidiol.

#9. 74% of Cannabidiol users did not experience any side effects

Cannabidiol is one of the safest chemicals derived from hemp. More than 64 million people living in the U.S. have tried cannabidiol at least once in their lives. Surprisingly, 74% of cannabidiol users had no side effects. In rare cases, there have been reports of elevated liver enzymes, but the results are inconclusive.

#10. 91% of adults in the U.S. support the legalization of marijuana

Americans have been vocal about their stance on the legalization of marijuana. Cannabis strains that contain more than 0.3% of THC are considered illegal in most states in the U.S.

Despite its status of being illegal, over two-thirds of the U.S. population believe that marijuana can be used for medical and recreational purposes. Many marketers use these claims to heighten the CBD craze to get people to try marijuana-derived extracts.

#11. 55% of cannabidiol users are women

Cannabis is a plant that is adored by women for its therapeutic properties. Women are particularly fond of CBD and are its primary users, compared to 44% of men that use the cannabinoid.

#12. 75% of cannabis brands are run by women

Women actively endorse cannabis and its products to the public. Research in the hemp industry suggests that 75% of cannabidiol brands are founded by women. Many of these brands that use cannabis and its derivatives employ women to lead their initiatives.

#13. 40% of cannabidiol users buy their products from dispensaries

The legalization of hemp has made many cannabis extracts widely available for sale throughout the U.S. Among various sources to buy cannabidiol, 40% of people prefer to purchase CBD from local dispensaries, 33% of cannabis users buy their products from retailers, and 27% of cannabis enthusiasts place their orders online.

#14. Hemp farms grew by 3x in 2018

The cannabis industry has prompted many industrial farmers to dedicate their lands to the cash crop. In 2017, 25,713 acres of American soil were developed for the production of hemp. The number tripled to 78,176 acres by 2018. Colorado produces more than 50% of the overall hemp grown in the U.S.

#15. 44% of cannabidiol users have graduated from college

Cannabis consumers are smart people. According to statistics, over 44% of CBD users are college graduates. That’s 10% higher compared to 34% of the U.S. population that have a valid college degree.

#16. Google searches for CBD have increased by 500% since 2017

The term CBD has been trending online since 2014. Google searches for CBD have quadrupled since 2017. The online community of cannabis lovers is mainly responsible for increasing Google searches for CBD by 500%.

#17. 3.8 million social media content related to CBD was posted in 2020

Cannabis is a highly popular trend on social media. Netizens often post images and stories about their cannabis use on Facebook, Instagram, and Twitter. More than 3.8 million social media content related to CBD was posted in 2020.

#18. Pet owners have spent $125 million on cannabis products in 2022

Many pet owners in the U.S. share their love for cannabis with their pets. In 2022, people invested over $125 million in CBD products for their pets. 52% of pet owners bought products that contain cannabidiol on the recommendation of their vet.

19. 13% of people spend more than $160 every month on cannabis products

Regular users of cannabis can spend approximately $80 a month on cannabidiol products. 13% of cannabidiol consumers are likely to invest $160 per month on their favorite products.

20. The market for cannabis-infused food and beverages is expected to reach $5.9 billion by 2024

Cannabis enthusiasts are open to adding cannabinoids such as cannabidiol and cannabigerol to their meals. These cannabis-derived substances can stimulate the appetite in people and regulate their food intake. CBD-infused food and beverages are offered in exciting flavors to attract first-time users of cannabis.

21. 60% of cannabis products are bought from online stores

The number of brands that use cannabidiol in their products is growing at an unprecedented rate. These products can be conveniently purchased from online stores at any time. 60% of the overall products containing cannabidiol such as CBD vapes, e-liquids, and tinctures can be bought on the internet. Online stores offer a wide range of flavors that appeal to different demographics.

#22. 64% of CBD users are White Americans

The majority of cannabidiol users are predominantly caucasian compared to any other ethnicity. White Americans tend to use cannabis products to relax and calm their mind. Most of the Americans that use CBD frequently are aged between 35 – 49 years old.

#23. More than 633 financial institutions and banks have backed cannabis-related businesses

Banks have invested billions of dollars in the expansion of cannabis-related businesses. Financial institutions are willing to tap into the potential of the cannabis industry. In 2018, over 633 banks and financial institutions supported companies that make products containing CBD.

#24. Cigarette smokers reduced smoking by 40% after using CBD

Smoking cigarettes can be harmful to your health. Cigarettes release a number of dangerous substances into the body, such as nicotine and aldehyde. These carcinogenic chemicals can lead to cancer and other life-threatening diseases.

Many people who smoke cigarettes have claimed that using CBD has helped them kick the habit. Cigarette smokers said that using cannabidiol helped them reduce smoking by 40%. CBD vapes are a less harmful alternative to smoking cigarettes and offer many more flavors of vape juices to help you enjoy cannabis.

The cannabis industry is booming

Businesses and banks have recognized the potential for profits in the cultivation of cannabis. The therapeutic effects of products containing CBD have made it a best-seller among cannabinoids extracted from cannabis. Researchers from the cannabis industry are working hard to gather facts and weave that information into useful CBD statistics that can help you experience the benefits of using CBD first-hand.