Market Overview

Most Cited Reasons For Use Among European CBD Consumers

Share:
Most Cited Reasons For Use Among European CBD Consumers

The European CBD market remains relatively immature, with most consumers being new ones, and about one in three (34%) having first used it within three months prior to the survey.

  • Consumers also cited far-ranging reasons for CBD use, indicating that adoption holds potential to accelerate across several vectors as related products become more widely available, and their diverse applications better understood.
  • More than two in five (41%) of consumers indicated expecting their consumption of CBD to increase over the following six months, whereas about one in 10 (11%) expected it to decrease.
  • Meanwhile, 18% of those who had not yet consumed any CBD product indicated their likelihood of doing so in the following six months.

Receive the best hemp news in the industry delivered to your inbox every week!

The post Most Cited Reasons For Use Among European CBD Consumers appeared first on New Frontier Data.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Image by Julia Teichmann from Pixabay

Posted-In: cannabis industryCannabis Government News Regulations Eurozone Markets General

 

Related Articles

View Comments and Join the Discussion!

Cannabis Movers

Sign up for our secret cannabis newsletter!
Never miss out on the breaking news in the Cannabis Industry!