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The CBD skincare market in Latin America has been projected to depict growth in terms of revenue and expand with a CAGR of 21.11% during the forecast years 2019-2028, according to this report. Brazil, Mexico, and Rest of Latin America together shape the market in this region.
April 2019 saw the life sciences organization Khiron team up with US-based Dixie brands for a venture to expand the CBD cosmetic category in Latin America. This joint venture is expected dot help Dixie tap into Khiron s fast-growing distribution network throughout the Latin American market. There are 620 million consumers in the region, which also include a fast-evolving middle-class population with enhanced spending power.
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This report has determined the CBD skin care market in Europe to proliferate at a compound annual growth rate of 21.47% during the forecast period 2019-2028. The United Kingdom, France, Germany, Spain, Russia, Italy, and Rest of Europe together shape the market in this region.
The use of medical cannabis has been legalized in France since 2013. The country is reported to have the cannabis consumption rate in all of Europe. Among the total 67 million people residents in France, 800,000 identify themselves as regular users of cannabis, and 17 million as experimenters.
Considering skincare products, the French people are more vigilant about what they consume and how they consume it. Adhering to the usage of natural products is predicted to be an underlying trend in the beauty and personal care market in the years to come. Thus, it can be seen that there is a high demand for CBD products in the country. All th
Share:
ResearchAndMarkets.com s offering.
This report has determined the CBD skin care market in Europe to proliferate at a compound annual growth rate of 21.47% during the forecast period 2019-2028. The United Kingdom, France, Germany, Spain, Russia, Italy, and Rest of Europe together shape the market in this region.
The use of medical cannabis has been legalized in France since 2013. The country is reported to have the cannabis consumption rate in all of Europe. Among the total 67 million people residents in France, 800,000 identify themselves as regular users of cannabis, and 17 million as experimenters.
Considering skincare products, the French people are more vigilant about what they consume and how they consume it. Adhering to the usage of natural products is predicted to be an underlying trend in the beauty and personal care market in the years to come. Thus, it can be seen that there is a high demand for CBD products in the country. All these factors are shaping the grow