Australia CBD Market to 2032
Overview
The Australia CBD Market is expected to reach a 511.99 USD Million by 2032 and is projected to grow at a CAGR of 30.65% from 2025 to 2032.
Revenue, 2024 (USD Million)
94.01
Forecast, 2032 (USD Million)
511.99
CAGR, 2024 - 2032
30.65%
Report Coverage
Australia
Australia CBD Market 2018-2032 USD Million
Australia CBD Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 94.01 USD Million
- Projected Market Size (2032): 511.99 USD Million
- CAGR (2025-2032): 30.65%
Key Findings of Australia CBD Market
- The Australia CBD Market was valued at 94.01 USD Million in 2024.
- The Australia CBD Market is likely to grow at a CAGR of 30.65% 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 Million
- The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 34.02% during the forecast period from 2024 to 2032.
Australia CBD Market Scope
Australia 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 CBD Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 94.01 USD Million |
| Market Value in 2032 | 511.99 USD Million |
| CAGR (2025-2032) | 30.65% |
| 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 Million in 2024
- Key Country: Australia, leading in terms of revenue with value of 94.01 USD Million in 2024.
Segments and Scope
-
Australia CBD Market to 2032, By Source
- Hemp is the largest segment in Australia CBD Market to 2032 with a revenue of 55.24 USD Million in the year 2024.
- Hemp is the Fastest growing segment in Australia CBD Market to 2032 with a Growth rate of 31.82 % in forecast period 2025-2032.
-
Australia CBD Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Australia CBD Market to 2032 with a revenue of 53.45 USD Million in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Australia CBD Market to 2032 with a Growth rate of 31.14 % in forecast period 2025-2032.
-
Australia CBD Market to 2032, By Nature
- Organic is the largest segment in Australia CBD Market to 2032 with a revenue of 73.02 USD Million in the year 2024.
- Organic is the Fastest growing segment in Australia CBD Market to 2032 with a Growth rate of 31.60 % in forecast period 2025-2032.
-
Australia CBD Market to 2032, By Application
- Tincture is the largest segment in Australia CBD Market to 2032 with a revenue of 38.45 USD Million in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Australia CBD Market to 2032 with a Growth rate of 32.42 % in forecast period 2025-2032.
-
Australia CBD Market to 2032, By Grade
- Food Grade is the largest segment in Australia CBD Market to 2032 with a revenue of 61.75 USD Million in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Australia CBD Market to 2032 with a Growth rate of 28.86 % in forecast period 2025-2032.
Australia CBD Market Company Share Analysis
| Company Name |
|
||
| Jazz Pharmaceuticals, Inc. | |||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| Curaleaf | |||
Australia CBD Market Geographical Sales Distribution, 2018-2032 USD Million
Australia CBD Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia CBD Market is segmented based on Segmentation Source,Product Type,Nature,Application,Grade.
Australia CBD Market was valued at USD 94.01(Revenue in USD Million) in 2022.
Australia CBD Market is projected to grow at a CAGR of 30.65% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Australia CBD Market, holding a largest market share of 73.02 USD Million in 2024
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Australia CBD Market Scope
Australia 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 CBD Market is segmented based on Segmentation Source,Product Type,Nature,Application,Grade.
Australia CBD Market was valued at USD 94.01(Revenue in USD Million) in 2022.
Australia CBD Market is projected to grow at a CAGR of 30.65% during the forecast period of 2024 to 2032.
The estimated market value of the Australia CBD Market for final year is USD 511.99 (USD Million).
Australia CBD Market Company Profiling
Frequently Asked Questions
The Australia CBD Market is segmented based on Segmentation Source,Product Type,Nature,Application,Grade.
Australia CBD Market was valued at USD 94.01(Revenue in USD Million) in 2022.
Australia CBD Market is projected to grow at a CAGR of 30.65% during the forecast period of 2024 to 2032.
The estimated market value of the Australia CBD Market for final year is USD 511.99 (USD Million).
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