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10 Key CBD Statistics You Need to Know
- CBD market size is projected to reach $20 billion by 2024, growing at a CAGR of 49%. (BDS Analytics and Arcview Market Research)
- 33% of American adults have tried CBD at least once. (Consumer Reports)
- The global CBD oil market is expected to grow at a CAGR of 39.19% from 2020 to 2027. (Grand View Research)
- 64% of CBD users consume it for pain relief, while 49% use it for anxiety relief. (Consumer Reports)
- CBD is projected to surpass Vitamin C and Vitamin E in consumer use by 2025. (BDS Analytics and Arcview Market Research)
- CBD can help reduce symptoms related to cancer and cancer treatment, such as pain, nausea, and vomiting. (National Cancer Institute)
- Hemp-derived CBD products became legal in the United States with the passage of the 2018 Farm Bill. (U.S. Department of Agriculture)
- 80% of CBD users found CBD products to be "very or extremely effective" for their health and wellness needs. (Consumer Reports)
- The CBD pet market is projected to reach $1.7 billion by 2025. (Grand View Research)
- In a survey of CBD users, 42% reported giving up traditional medications like Tylenol or prescription drugs in favor of CBD. (Consumer Reports)
CBD Use Statistics: How Many People Use CBD?
- 33% of American adults have tried CBD at least once. (Consumer Reports)
- 64% of CBD users consume it for pain relief, while 49% use it for anxiety relief. (Consumer Reports)
- In a survey of CBD users, 42% reported giving up traditional medications like Tylenol or prescription drugs in favor of CBD. (Consumer Reports)
- In a 2020 survey, 33% of American adults reported having tried CBD at least once. (Consumer Reports)
- The same survey found that 22% of those who had tried CBD used it weekly or more often. (Consumer Reports)
- Among those who use CBD regularly, 40% reported using it for general wellness purposes. (Consumer Reports)
- According to a 2019 Gallup poll, 14% of Americans use CBD products. (Gallup)
- In the same poll, 50% of respondents said they used CBD for pain relief, while 40% used it for anxiety relief. (Gallup)
Who Uses CBD the Most?
- The majority of CBD users are between the ages of 18 and 49. (Consumer Reports)
- Women are more likely to use CBD than men, with 41% of women reporting having used it compared to 31% of men. (Consumer Reports)
- Gen Z and Millennials are more likely to use CBD than older generations, with 44% of those aged 18-29 reporting having tried it. (Consumer Reports)
- People with graduate degrees are more likely to use CBD than those without a college degree, with 45% of those with graduate degrees having tried it compared to only 30% of those without a college degree. (Consumer Reports)
- Urban residents are more likely to use CBD than rural residents, with 37% of urban residents having tried it compared to only 25% of rural residents. (Consumer Reports)
What Do Most People Use CBD For?
- 64% of CBD users consume it for pain relief. (Consumer Reports)
- 49% of CBD users use it for anxiety relief. (Consumer Reports)
- 22% of CBD users report using it to improve sleep quality. (Consumer Reports)
- 36% of CBD users report using it to reduce stress or depression. (Consumer Reports)
- 20% of CBD users report using it to alleviate arthritis symptoms. (Consumer Reports)
Surprising Statistics on CBD Abuse
- Only 0.5% of emergency department visits are related to CBD products, compared to 41.9% for opioid-related visits. (Journal of Medical Toxicology)
- Less than 1% of CBD users develop a dependence on the substance. (World Health Organization)
- In a survey of high school students, only 4% reported using CBD within the past month, compared to 14% who reported using marijuana. (Monitoring the Future Study)
- The majority of reported adverse effects from CBD use are mild and include fatigue, diarrhea, and changes in appetite or weight. (World Health Organization)
Cost Of CBD
- The average cost of a 30ml bottle of CBD oil is between $30 and $60. (Consumer Reports)
- High-quality CBD products can cost up to 20 times more than lower quality products. (Forbes)
- According to a 2020 survey, the majority of CBD users spend between $26 and $100 per month on CBD products. (Consumer Reports)
- In a survey conducted by Remedy Review, 65% of respondents said that high prices were the biggest barrier to using CBD regularly. (Remedy Review)
- The price per milligram of CBD can range from as little as $0.05 to as much as $0.20 or more, depending on the quality and concentration of the product. (Consumer Reports)
Different types of CBD products available in the market
- CBD oil or tinctures: These are the most popular CBD products, with 44% of users preferring them over other options. (Consumer Reports)
- CBD edibles: These include gummies, chocolates, and other food items infused with CBD. 26% of users prefer these products. (Consumer Reports)
- Topicals: These include creams, lotions, balms, and salves that are applied directly to the skin for localized relief. 22% of users prefer these products. (Consumer Reports)
- Vaping products: These include e-cigarettes and vaporizers that heat up a liquid containing CBD for inhalation. Only 9% of users prefer these products due to concerns about lung health. (Consumer Reports)
CBD Sales Statistics
- The U.S. CBD market is expected to generate $16 billion in revenue by 2025. (New Frontier Data)
- In 2020, the top five states for CBD sales were California, Colorado, Florida, New York, and Texas. (Statista)
- By 2024, the top-selling CBD product category is projected to be skincare products, with a market size of $1.7 billion. (BDS Analytics and Arcview Market Research)
- Online sales account for approximately 60% of all CBD sales in the United States. (New Frontier Data)
- In 2019, hemp-derived CBD products accounted for 79% of all U.S. CBD sales. (Statista)
CBD Usage By Gender
- 41% of women report having used CBD compared to 31% of men. (Consumer Reports)
- Women are more likely than men to use CBD for anxiety and sleep issues, while men are more likely to use it for pain relief. (Remedy Review)
- Among those who use CBD daily or weekly, women make up a slightly larger percentage than men. (Remedy Review)
CBD Usage By Ethnicity/Race
- 20% of Hispanic Americans report having used CBD. (Consumer Reports)
- 19% of Black Americans report having used CBD. (Consumer Reports)
- 16% of White Americans report having used CBD. (Consumer Reports)
- 11% of Asian Americans report having used CBD. (Consumer Reports)
CBD Users By Age Group
- 18-29: 44% of those in this age group report having tried CBD. (Consumer Reports)
- 30-44: 33% of those in this age group report having tried CBD. (Consumer Reports)
- 45-60: 26% of those in this age group report having tried CBD. (Consumer Reports)
- Over 60: Only 15% of those over the age of 60 report having tried CBD. (Consumer Reports)
CBD Statistics By Method
- 62% of CBD users prefer using tinctures. (Consumer Reports)
- 26% of CBD users prefer using topical products such as creams and balms. (Consumer Reports)
- 23% of CBD users prefer smoking or vaping. (Consumer Reports)
- 18% of CBD users prefer edibles such as gummies or chocolates. (Consumer Reports)
- 10% of CBD users prefer capsules or pills. (Consumer Reports)
CBD Statistics By Region
- The Western region of the United States has the highest percentage of CBD users at 36%. (Consumer Reports)
- The Northeastern region of the United States has the lowest percentage of CBD users at 26%. (Consumer Reports)
- In Europe, Germany is the largest market for CBD products with a projected market size of €605 million by 2025. (Prohibition Partners)
- Asia-Pacific is expected to be the fastest-growing market for CBD products, with a CAGR of 30.3% from 2020 to 2027. (Grand View Research)
- Australia's CBD market is projected to reach AUD1.2 billion by 2025. (Prohibition Partners)
CBD Statistics In Australia
- 28% of Australians have used CBD at least once. (Roy Morgan)
- The Australian CBD market is expected to reach AUD 1.2 billion by 2025, growing at a CAGR of 44.6%. (Prohibition Partners)
- In a survey of Australian CBD users, 41% reported using it for pain relief, while 32% used it for stress and anxiety relief. (Cannabiz)
- Nearly 50% of all Australian GPs have been asked about medical cannabis or CBD by their patients in the past year. (Australian Doctor)
CBD Statistics In UK
- 11% of UK adults have used CBD at least once. (Centre for Medicinal Cannabis)
- The UK CBD market is projected to reach £1 billion by 2025, growing at a CAGR of 50%. (Prohibition Partners)
- In a survey of UK CBD users, 45% reported using it for pain relief, while 30% used it for anxiety relief. (Centre for Medicinal Cannabis)
- Among those who use CBD regularly in the UK, 39% reported using it for general wellness purposes. (Centre for Medicinal Cannabis)
- According to a YouGov poll, more than 50% of British people believe that CBD should be legal for medical use. (YouGov)
Which States Consume The Most CBD?
- Colorado: 21% of adults in Colorado have used CBD at least once, making it the state with the highest percentage of CBD users. (Consumer Reports)
- Oregon: 19% of adults in Oregon have used CBD at least once. (Consumer Reports)
- Vermont: 18% of adults in Vermont have used CBD at least once. (Consumer Reports)
- California: 17% of adults in California have used CBD at least once. (Consumer Reports)
- New York: 16% of adults in New York have used CBD at least once. (Consumer Reports)
CBD Side Effects
- The majority of reported adverse effects from CBD use are mild and include fatigue, diarrhea, and changes in appetite or weight. (World Health Organization)
- In a study of 67 children with epilepsy, side effects from CBD treatment were reported in 30% of cases. The most common side effects were fatigue, decreased appetite, and diarrhea. (Epilepsy & Behavior)
- In a survey of 2,409 CBD users, 9% reported experiencing negative side effects such as dry mouth, drowsiness, and changes in mood or appetite. (Journal of Clinical Medicine)
- In rare cases, high doses of CBD can cause liver damage. According to one study in mice, doses exceeding 615 mg/kg of body weight per day led to liver toxicity. However, this is equivalent to taking over 20 times the recommended dose for humans. (Current Neuropharmacology)
Why are Some People Hesitant to Try CBD?
- 29% of Americans who have never tried CBD cite a lack of knowledge or information about the product as their reason for not trying it. (Consumer Reports)
- 26% of Americans who have never tried CBD are concerned about the potential side effects of the product. (Consumer Reports)
- 22% of Americans who have never tried CBD are worried about the legality of the product. (Consumer Reports)
- 19% of Americans who have never tried CBD believe that it is too expensive. (Consumer Reports)
- 16% of Americans who have never tried CBD do not believe that it would be effective in treating their health concerns. (Consumer Reports)
FAQs
What is CBD?
CBD, short for cannabidiol, is a chemical compound found in the cannabis plant. Unlike THC, another compound found in cannabis, CBD does not have psychoactive effects and will not get you high.
Is CBD legal?
The legality of CBD varies by country and state. In the United States, hemp-derived CBD products that contain less than 0.3% THC are legal under federal law, but states have their own laws regarding CBD. It's important to check your local laws before purchasing or using any CBD products.
How do I take CBD?
There are several ways to take CBD, including orally through tinctures, capsules or edibles; topically through creams or balms; or by inhaling it through vaping devices. The method you choose will depend on your personal preferences and the reason for taking it.
Can I overdose on CBD?
While there is no known lethal dose of CBD, taking too much can cause unwanted side effects such as drowsiness and nausea. It's important to follow dosage instructions carefully and consult with a healthcare professional before starting to use any new supplements or medications.
Will taking CBD show up on a drug test?
Most drug tests screen for THC rather than CBD. However, some full-spectrum CBD products may contain trace amounts of THC that could potentially show up on a drug test. If you need to avoid THC entirely, it's best to look for broad-spectrum or isolate products that have had all traces of THC removed.
Is CBD Good for Pets?
CBD is gaining popularity as a natural remedy for various health issues in humans, and it may have potential therapeutic benefits for certain conditions in dogs and cats. CBD interacts with the endocannabinoid system in the body, which helps regulate various physiological processes.
CBD may have potential benefits for pets, including pain relief, anxiety and stress management, and seizure control. However, the use of CBD for pets is largely unregulated and there are potential risks involved. It's important to consult with a veterinarian first to ensure that it's safe and appropriate for your pet's individual needs.
What Type of CBD is Best for Dogs and Cats?
When choosing CBD products for pets, select high-quality, pet-specific products that meet their needs. Consider the following:
- CBD source: Choose organic, hemp-derived CBD. Avoid marijuana-derived CBD due to its potentially toxic THC levels.
- THC content: Ensure the product contains <0.3% THC to avoid psychoactive effects or toxicity in pets.
- Product type: Select a product type that's easy for your pet to consume and appropriate for their specific condition.
- Third-party testing: Choose products third-party tested for purity and potency.
- Dosage: Consult with a veterinarian on the appropriate dosage based on your pet's weight and condition.
While CBD may have health benefits, it's not a cure-all and should be used with other veterinary treatments as necessary.
Conclusion
In conclusion, CBD has gained immense popularity in recent years due to its potential health benefits and non-psychoactive nature. While research on CBD is still ongoing, the existing studies indicate that it could be beneficial for managing various conditions such as anxiety, pain, and epilepsy.
However, it's important to note that CBD is not a cure-all and should not replace traditional medical treatments. Additionally, consumers should be cautious when purchasing CBD products and ensure that they are buying from reputable sources to avoid low-quality or potentially harmful products.
With its increasing popularity and projected growth in the market, CBD will continue to be an interesting topic for researchers, businesses, and consumers alike.