Australia Cannabidiol (CBD) Market to 2032
Overview
The Australia Cannabidiol (CBD) Market is expected to reach a 511.99 USD Billion by 2032 and is projected to grow at a CAGR of 33.66% from 2025 to 2032.
Revenue, 2024 (USD Billion)
94.01
Forecast, 2032 (USD Billion)
511.99
CAGR, 2024 - 2032
33.66%
Report Coverage
Australia
Australia Cannabidiol (CBD) Market 2018-2032 USD Billion
Australia Cannabidiol (CBD) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 94.01 USD Billion
- Projected Market Size (2032): 511.99 USD Billion
- CAGR (2025-2032): 33.66%
Key Findings of Australia Cannabidiol (CBD) Market
- The Australia Cannabidiol (CBD) Market was valued at 94.01 USD Billion in 2024.
- The Australia Cannabidiol (CBD) Market is likely to grow at a CAGR of 33.66% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Organic in Nature Segment accounted for the largest share of the market with a revenue of 73.02 USD Billion
- The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 37.50% during the forecast period from 2024 to 2032.
Australia Cannabidiol (CBD) Market Scope
Australia Cannabidiol (CBD) Market Segmentation & Scope
Source
- Marijuana
- Hemp
Product Type
- Others
- Cannabidiol (CBD) Concentrates
- Cannabidiol (CBD) Isolates
- Cannabidiol (CBD) Oil
Nature
- Inorganic
- Organic
Application
- Others
- Topicals
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Food
- Tincture
Grade
- Therapeutic Grade
- Food Grade
Australia Cannabidiol (CBD) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 94.01 USD Billion |
| Market Value in 2032 | 511.99 USD Billion |
| CAGR (2025-2032) | 33.66% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Source,Product Type,Nature,Application,Grade |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 94.01 USD Billion in 2024
- Key Country: Australia, leading in terms of revenue with value of 94.01 USD Billion in 2024.
Segments and Scope
-
Australia Cannabidiol (CBD) Market to 2032, By Source
- Hemp is the largest segment in Australia Cannabidiol (CBD) Market to 2032 with a revenue of 55.24 USD Billion in the year 2024.
- Hemp is the Fastest growing segment in Australia Cannabidiol (CBD) Market to 2032 with a Growth rate of 35.00 % in forecast period 2025-2032.
-
Australia Cannabidiol (CBD) Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Australia Cannabidiol (CBD) Market to 2032 with a revenue of 53.45 USD Billion in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Australia Cannabidiol (CBD) Market to 2032 with a Growth rate of 34.22 % in forecast period 2025-2032.
-
Australia Cannabidiol (CBD) Market to 2032, By Nature
- Organic is the largest segment in Australia Cannabidiol (CBD) Market to 2032 with a revenue of 73.02 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Australia Cannabidiol (CBD) Market to 2032 with a Growth rate of 34.75 % in forecast period 2025-2032.
-
Australia Cannabidiol (CBD) Market to 2032, By Application
- Tincture is the largest segment in Australia Cannabidiol (CBD) Market to 2032 with a revenue of 38.45 USD Billion in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Australia Cannabidiol (CBD) Market to 2032 with a Growth rate of 35.73 % in forecast period 2025-2032.
-
Australia Cannabidiol (CBD) Market to 2032, By Grade
- Food Grade is the largest segment in Australia Cannabidiol (CBD) Market to 2032 with a revenue of 61.75 USD Billion in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Australia Cannabidiol (CBD) Market to 2032 with a Growth rate of 31.65 % in forecast period 2025-2032.
Australia Cannabidiol (CBD) Market Company Share Analysis
| Company Name |
|
||
| Jazz Pharmaceuticals, Inc. | |||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| Curaleaf | |||
Australia Cannabidiol (CBD) Market Geographical Sales Distribution, 2018-2032 USD Billion
Australia Cannabidiol (CBD) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Cannabidiol (CBD) Market is segmented based on Segmentation Source,Product Type,Nature,Application,Grade.
Australia Cannabidiol (CBD) Market was valued at USD 94.01(Revenue in USD Billion) in 2021.
Australia Cannabidiol (CBD) Market is projected to grow at a CAGR of 33.66% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Australia Cannabidiol (CBD) Market, holding a largest market share of 73.02 USD Billion in 2024
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Australia Cannabidiol (CBD) Market Scope
Australia Cannabidiol (CBD) Market Segmentation & Scope
Source
- Marijuana
- Hemp
Product Type
- Others
- Cannabidiol (CBD) Concentrates
- Cannabidiol (CBD) Isolates
- Cannabidiol (CBD) Oil
Nature
- Inorganic
- Organic
Application
- Others
- Topicals
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Food
- Tincture
Grade
- Therapeutic Grade
- Food Grade
Frequently Asked Questions
The Australia Cannabidiol (CBD) Market is segmented based on Segmentation Source,Product Type,Nature,Application,Grade.
Australia Cannabidiol (CBD) Market was valued at USD 94.01(Revenue in USD Billion) in 2021.
Australia Cannabidiol (CBD) Market is projected to grow at a CAGR of 33.66% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Cannabidiol (CBD) Market for final year is USD 511.99 (USD Billion).
Australia Cannabidiol (CBD) Market Company Profiling
Frequently Asked Questions
The Australia Cannabidiol (CBD) Market is segmented based on Segmentation Source,Product Type,Nature,Application,Grade.
Australia Cannabidiol (CBD) Market was valued at USD 94.01(Revenue in USD Billion) in 2021.
Australia Cannabidiol (CBD) Market is projected to grow at a CAGR of 33.66% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Cannabidiol (CBD) Market for final year is USD 511.99 (USD Billion).
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