31 Facts & Stats About CBD

31 Facts & Stats About CBD

With so much misinformation floating around online about CBD, here are 31 interesting and accurate facts and statistics.

1. Research highlights that 56% of millennials use CBD products daily. [1]

2. By 2024, the CBD market in the U.S. alone is forecast to reach more than $24 billion [2].

3. CBD was removed from the World Anti-Doping Agency’s list of prohibited substances in 2018. [3]

4. In 2019, the CBD market in the United States grew by more than 700%. [4]

5. It is thought that more than 60 million American citizens have tried CBD. [5]

6. There is research suggesting that CBD can affect the receptors in the body that are related to pain and anxiety. [6]

7. The same research indicates that CBD can help to regulate sleep-wake cycles. [7]

8. Almost 75% of individuals who have taken CBD report that it had at least a moderate effect. [8]

9. 48% of individuals said that CBD was extremely effective. [9]

10. Those in the 18-29 age group are most likely to have tried CBD products. [10]

11. There are a variety of different ways to consume CBD, including drops, oils, creams, vape pens, and gummies, such as these Green Apple CBD Gummies.

12. 37% of people who use CBD do so to help them relax or to reduce feelings of stress and anxiety. Notably, 63% reported that it was either very or extremely effective. [11]

13. 24% of people use CBD to help with chronic joint pain. 38% found it extremely or very effective for that purpose. [12]

14. 22% of people have replaced an over-the-counter or prescribed medication with CBD. 47% use CBD to replace medications like Tylenol and Advil; 33% use CBD to replace an anti-anxiety medication; 36% use CBD to replace a prescription opioid; and 22% use CBD to replace a sleep medication such as Lunesta or Ambien. [13]

15. 35% of CBD users consume it in the form of an edible, such as an infused beverage or food. 30% use a CBD spray or vaping device. 21% use a topical cream or rub, and 15% take CBD in the form of a capsule or pill. [14]

16. It is thought that 25% of the U.S adult population will use CBD products by 2024. [15]

17. 44% of people surveyed in Europe say that they had friends or family who used CBD products. [16]

18. 21% of those who live in the Western part of the United States say they personally use CBD products. This decreases to 13% in the South and 11% in both the Midwest and the Eastern regions. [17]

19. 44% of those who use CBD spend up to $80 every month. 13% of CBD users spend more than $160 a month. [18]

20. CBD is thought to have anti-convulsant, anti-psychotic, anti-inflammatory, and anti-anxiety properties. [19]

21. 55% of CBD users are female. [20]

22. 55% of CBD users say it could be a new miracle treatment, while only 11% said it was just hype. [21]

23. Almost 60% of CBD users say their first purchase was planned. 25% say their first purchase was made on impulse, and 7% say that it was recommended by their medical professional. [22]

24. 25% of non-users of CBD say that price is the biggest barrier for usage. 18% cited a lack of research, and 14% said they didn’t trust the claims. [23]

25. One in 10 pet owners have purchased CBD-infused products for their pets, such as this CBD Oil for Pets. 52% said it was recommended by their veterinarian. [24]

26. By 2025, the pet CBD product market is predicted to be worth $1.7 billion. [25]

27. 64% of those who buy pet CBD products do so to reduce their pet’s stress or anxiety. [26]

28. In 2019, $730 million worth of CBD sales took place in California. [27]

29. In the same year, sales in Florida reached $290 million, and sales in New York totalled $215 million. [28]

30. Between 2018 and 2019, sales of CBD-infused coffee and tea products increased by more than 3,000%. [29]

31. During a clinical trial, almost 90% of dogs experienced fewer seizures when given CBD. [30]

[1] http://datatrekresearch.com/cbd-usage-by-demographics/

[2] https://global-uploads.webflow.com/596691afde3c5856d866ae50/5defc1ba714e85616a766c06_2019%20US%20CBD%20Market_Free%20Report_Brightfield%20Group%20(1).pdf

[3] https://www.wada-ama.org/en/content/what-is-prohibited/prohibited-in-competition/cannabinoids

[4] https://www.fool.com/investing/2019/07/14/us-cbd-sales-to-grow-an-average-of-107-annually-th.aspx

[5] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[6] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[7] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[8] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[9] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[10] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[11] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[12] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[13] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[14] https://www.consumerreports.org/cbd/cbd-goes-mainstream/

[15] https://www.statista.com/statistics/1065834/annual-cbd-usage-rate-us/

[16] http://info.newfrontierdata.com/2019-eu-cbd-report-free-download

[17] https://news.gallup.com/poll/263147/americans-say-cbd-products.aspx

[18] https://daks2k3a4ib2z.cloudfront.net/595e80a3d32ef41bfa200178/59946dd86c6b200001c5b9cb_CBD_-_HelloMD_Brightfield_Study_-_Expert_Report_-_FINAL.pdf

[19] https://daks2k3a4ib2z.cloudfront.net/595e80a3d32ef41bfa200178/59946dd86c6b200001c5b9cb_CBD_-_HelloMD_Brightfield_Study_-_Expert_Report_-_FINAL.pdf

[20] https://daks2k3a4ib2z.cloudfront.net/595e80a3d32ef41bfa200178/59946dd86c6b200001c5b9cb_CBD_-_HelloMD_Brightfield_Study_-_Expert_Report_-_FINAL.pdf

[21] http://datatrekresearch.com/cbd-usage-by-demographics/

[22] http://datatrekresearch.com/cbd-usage-by-demographics/

[23] http://datatrekresearch.com/cbd-usage-by-demographics/

[24] http://datatrekresearch.com/cbd-usage-by-demographics/

[25] https://www.brightfieldgroup.com/press-releases/pet-cbd-buyers-new-data

[26] https://www.brightfieldgroup.com/press-releases/pet-cbd-buyers-new-data

[27] https://www.statista.com/statistics/1065838/dollar-sales-of-us-cbd-market-by-state/

[28] https://www.statista.com/statistics/1065838/dollar-sales-of-us-cbd-market-by-state/

[29] https://www.statista.com/statistics/1113667/cbd-beverage-sales-growth-by-category-us/

[30] https://www.sciencedaily.com/releases/2019/05/190521101450.htm