Canada Cannabidiol (CBD) Oil Market to 2032

Overview

The Canada Cannabidiol (CBD) Oil Market is expected to reach a 25,502.63 USD Billion by 2032 and is projected to grow at a CAGR of 51.31% from 2025 to 2032.

Revenue, 2024 (USD Billion)

1,937.20

Forecast, 2032 (USD Billion)

25,502.63

CAGR, 2024 - 2032

51.31%

Report Coverage

Canada

Canada Cannabidiol (CBD) Oil Market 2018-2032 USD Billion

Canada Cannabidiol (CBD) Oil Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 1,937.20 USD Billion
Projected Market Size (2032): 25,502.63 USD Billion
CAGR (2025-2032): 51.31%

Key Findings of Canada Cannabidiol (CBD) Oil Market

The Canada Cannabidiol (CBD) Oil Market was valued at 1,937.20 USD Billion in 2024.
The Canada Cannabidiol (CBD) Oil Market is likely to grow at a CAGR of 51.31% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Unflavoured in Product Category Segment accounted for the largest share of the market with a revenue of 1,777.99 USD Billion
The fastest growing segment Pharma and Nutraceuticals in Application Segment grew Fastest with a CAGR of 52.03% during the forecast period from 2024 to 2032.

Canada Cannabidiol (CBD) Oil Market Scope

Canada Cannabidiol (CBD) Oil Market Segmentation & Scope

Product Type

Original
Blended

Type

Hemp Based
THC Dominant
Marijuana Based
CBD Dominant

Product Category

Flavoured
Unflavoured

Application

Others
Industrial Application
Personal Care/Cosmetics
Food and Beverages
Pharma and Nutraceuticals

Distribution Channel

Indirect
Direct

Canada Cannabidiol (CBD) Oil Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	1,937.20 USD Billion
Market Value in 2032	25,502.63 USD Billion
CAGR (2025-2032)	51.31%
Historic Data	2016-2023
Market Segments Covered	Product Type ,Type,Product Category,Application,Distribution Channel

Regional Insights:

Leading Market (2024-2032): Canada, leading in terms of revenue 1,937.20 USD Billion in 2024
- Key Country: Canada, leading in terms of revenue with value of 1,937.20 USD Billion in 2024.

Segments and Scope

Canada Cannabidiol (CBD) Oil Market to 2032, By Product Type
- Blended is the largest segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a revenue of 1,648.56 USD Billion in the year 2024.
- Blended is the Fastest growing segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 51.55 % in forecast period 2025-2032.
Canada Cannabidiol (CBD) Oil Market to 2032, By Type
- CBD Dominant is the largest segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a revenue of 1,357.13 USD Billion in the year 2024.
- CBD Dominant is the Fastest growing segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 51.96 % in forecast period 2025-2032.
Canada Cannabidiol (CBD) Oil Market to 2032, By Product Category
- Unflavoured is the largest segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a revenue of 1,777.99 USD Billion in the year 2024.
- Unflavoured is the Fastest growing segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 51.47 % in forecast period 2025-2032.
Canada Cannabidiol (CBD) Oil Market to 2032, By Application
- Pharma and Nutraceuticals is the largest segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a revenue of 1,275.06 USD Billion in the year 2024.
- Pharma and Nutraceuticals is the Fastest growing segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 52.03 % in forecast period 2025-2032.
Canada Cannabidiol (CBD) Oil Market to 2032, By Distribution Channel
- Direct is the largest segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a revenue of 1,746.62 USD Billion in the year 2024.
- Direct is the Fastest growing segment in Canada Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 51.48 % in forecast period 2025-2032.

Canada Cannabidiol (CBD) Oil Market Company Share Analysis

Company Name
Purekana LLC
Aurora Cannabis
Isodiol International Inc
Diamond CBD.
Endoca

Canada Cannabidiol (CBD) Oil Market Geographical Sales Distribution, 2018-2032 USD Billion

Canada Cannabidiol (CBD) Oil Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Canada Cannabidiol (CBD) Oil Market?

The Canada Cannabidiol (CBD) Oil Market is segmented based on Segmentation Product Type ,Type,Product Category,Application,Distribution Channel .

What is the current market size of the Canada Cannabidiol (CBD) Oil Market?

Canada Cannabidiol (CBD) Oil Market was valued at USD 1,937.20(Revenue in USD Billion) in 2022.

What is the expected growth rate of the Canada Cannabidiol (CBD) Oil Market?

Canada Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 51.31% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Canada Cannabidiol (CBD) Oil Market?

The Unflavoured segment is expected to dominate the Canada Cannabidiol (CBD) Oil Market, holding a largest market share of 1,777.99 USD Billion in 2024

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