Canada CBD Market to 2032
Overview
The Canada CBD Market is expected to reach a 7.63 USD Billion by 2032 and is projected to grow at a CAGR of 32.50% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.28
Forecast, 2032 (USD Billion)
7.63
CAGR, 2024 - 2032
32.50%
Report Coverage
Canada
Canada CBD Market 2018-2032 USD Billion
Canada CBD Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.28 USD Billion
- Projected Market Size (2032): 7.63 USD Billion
- CAGR (2025-2032): 32.50%
Key Findings of Canada CBD Market
- The Canada CBD Market was valued at 1.28 USD Billion in 2024.
- The Canada CBD Market is likely to grow at a CAGR of 32.50% 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 0.97 USD Billion
- The fastest growing segment Pharmaceuticals in Application Segment grew Fastest with a CAGR of 35.92% during the forecast period from 2024 to 2032.
Canada CBD Market Scope
Canada CBD Market Segmentation & Scope
Application
- Others
- Topicals
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Food
- Tincture
Grade
- Therapeutic Grade
- Food Grade
Nature
- Inorganic
- Organic
Product Type
- Others
- Cannabidiol (CBD) Concentrates
- Cannabidiol (CBD) Isolates
- Cannabidiol (CBD) Oil
Source
- Marijuana
- Hemp
Canada CBD Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.28 USD Billion |
| Market Value in 2032 | 7.63 USD Billion |
| CAGR (2025-2032) | 32.50% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Grade,Nature,Product Type,Source |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 1.28 USD Billion in 2024
- Key Country: Canada, leading in terms of revenue with value of 1,284.03 USD Million in 2024.
Segments and Scope
-
Canada CBD Market to 2032, By Application
- Tincture is the largest segment in Canada CBD Market to 2032 with a revenue of 394.96 USD Billion in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Canada CBD Market to 2032 with a Growth rate of 35.64 % in forecast period 2025-2032.
-
Canada CBD Market to 2032, By Grade
- Food Grade is the largest segment in Canada CBD Market to 2032 with a revenue of 863.39 USD Billion in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Canada CBD Market to 2032 with a Growth rate of 30.81 % in forecast period 2025-2032.
-
Canada CBD Market to 2032, By Nature
- Organic is the largest segment in Canada CBD Market to 2032 with a revenue of 966.07 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Canada CBD Market to 2032 with a Growth rate of 33.61 % in forecast period 2025-2032.
-
Canada CBD Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Canada CBD Market to 2032 with a revenue of 668.91 USD Billion in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Canada CBD Market to 2032 with a Growth rate of 33.15 % in forecast period 2025-2032.
-
Canada CBD Market to 2032, By Source
- Hemp is the largest segment in Canada CBD Market to 2032 with a revenue of 731.23 USD Billion in the year 2024.
- Hemp is the Fastest growing segment in Canada CBD Market to 2032 with a Growth rate of 33.78 % in forecast period 2025-2032.
Canada CBD Market Company Share Analysis
| Company Name |
|
||
| Jazz Pharmaceuticals, Inc. | |||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| Curaleaf | |||
Canada CBD Market Geographical Sales Distribution, 2018-2032 USD Billion
Canada CBD Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada CBD Market is segmented based on Segmentation Application,Grade,Nature,Product Type,Source.
Canada CBD Market was valued at USD 1.28(Revenue in USD Billion) in 2022.
Canada CBD Market is projected to grow at a CAGR of 32.50% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Canada CBD Market, holding a largest market share of 0.97 USD Billion in 2024
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Canada CBD Market Scope
Canada CBD Market Segmentation & Scope
Application
- Others
- Topicals
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Food
- Tincture
Grade
- Therapeutic Grade
- Food Grade
Nature
- Inorganic
- Organic
Product Type
- Others
- Cannabidiol (CBD) Concentrates
- Cannabidiol (CBD) Isolates
- Cannabidiol (CBD) Oil
Source
- Marijuana
- Hemp
Frequently Asked Questions
The Canada CBD Market is segmented based on Segmentation Application,Grade,Nature,Product Type,Source.
Canada CBD Market was valued at USD 1.28(Revenue in USD Billion) in 2022.
Canada CBD Market is projected to grow at a CAGR of 32.50% during the forecast period of 2024 to 2032.
The estimated market value of the Canada CBD Market for final year is USD 7.63 (USD Billion).
Canada CBD Market Company Profiling
Frequently Asked Questions
The Canada CBD Market is segmented based on Segmentation Application,Grade,Nature,Product Type,Source.
Canada CBD Market was valued at USD 1.28(Revenue in USD Billion) in 2022.
Canada CBD Market is projected to grow at a CAGR of 32.50% during the forecast period of 2024 to 2032.
The estimated market value of the Canada CBD Market for final year is USD 7.63 (USD Billion).
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