Global CBD Market to 2032

Overview

The Global CBD Market is expected to reach a 64.86 USD Billion by 2032 and is projected to grow at a CAGR of 19.00% from 2025 to 2032.

Revenue, 2024 (USD Billion)
11.74
Forecast, 2032 (USD Billion)
64.86
CAGR, 2024 - 2032
19.00%
Report Coverage
Global

Global CBD Market 2018-2032 USD Billion

Global CBD Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 11.74 USD Billion
  • Projected Market Size (2032): 64.86 USD Billion
  • CAGR (2025-2032): 19.00%

Key Findings of Global CBD Market

  • The Global CBD Market was valued at 64.86 USD Billion in 2024.
  • The Global CBD Market is likely to grow at a CAGR of 19.00% 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 9.08 USD Billion
  • The fastest growing segment Pharmaceuticals in Application Segment grew Fastest with a CAGR of 20.70% during the forecast period from 2024 to 2032.

Global CBD Market Scope

Global CBD Market Segmentation & Scope
Application
  • Others
  • Topicals
  • Beverages
  • Dietary Supplements
  • Pharmaceuticals
  • Food
  • Tincture
Nature
  • Inorganic
  • Organic
Product Type
  • Others
  • Cannabidiol (CBD) Concentrates
  • Cannabidiol (CBD) Isolates
  • Cannabidiol (CBD) Oil
Source
  • Marijuana
  • Hemp
Grade
  • Therapeutic Grade
  • Food Grade

Global CBD Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 11.74 USD Billion
Market Value in 2032 64.86 USD Billion
CAGR (2025-2032) 19.00%
Historic Data 2016-2023
Market Segments Covered Application,Nature,Product Type,Source,Grade

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 11.74 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 6,263.64 USD Million in 2024.

Segments and Scope

  • Global CBD Market to 2032, By Application
    • Tincture is the largest segment in Global CBD Market to 2032 with a revenue of 3.97 USD Billion in the year 2024.
    • Pharmaceuticals is the Fastest growing segment in Global CBD Market to 2032 with a Growth rate of 20.25 % in forecast period 2025-2032.
  • Global CBD Market to 2032, By Nature
    • Organic is the largest segment in Global CBD Market to 2032 with a revenue of 9.08 USD Billion in the year 2024.
    • Organic is the Fastest growing segment in Global CBD Market to 2032 with a Growth rate of 19.49 % in forecast period 2025-2032.
  • Global CBD Market to 2032, By Product Type
    • Cannabidiol (CBD) Oil is the largest segment in Global CBD Market to 2032 with a revenue of 5.89 USD Billion in the year 2024.
    • Cannabidiol (CBD) Oil is the Fastest growing segment in Global CBD Market to 2032 with a Growth rate of 19.29 % in forecast period 2025-2032.
  • Global CBD Market to 2032, By Source
    • Hemp is the largest segment in Global CBD Market to 2032 with a revenue of 6.65 USD Billion in the year 2024.
    • Hemp is the Fastest growing segment in Global CBD Market to 2032 with a Growth rate of 19.60 % in forecast period 2025-2032.
  • Global CBD Market to 2032, By Grade
    • Food Grade is the largest segment in Global CBD Market to 2032 with a revenue of 7.76 USD Billion in the year 2024.
    • Therapeutic Grade is the Fastest growing segment in Global CBD Market to 2032 with a Growth rate of 18.13 % in forecast period 2025-2032.

Global CBD Market Company Share Analysis

 
Company Name Company Share Analysis
Jazz Pharmaceuticals, Inc.
Tilray
Canopy Growth Corporation
Aurora Cannabis
Curaleaf
Global CBD Market Company Share Analysis

Global CBD Market Geographical Sales Distribution, 2018-2032 USD Billion

Global CBD Market Geographical Sales Distribution, 2018-2032 USD Billion

Global CBD Market Company Profiling

Global CBD Market Company Profiling
Frequently Asked Questions
The Global CBD Market is segmented based on Segmentation Application,Nature,Product Type,Source,Grade.
Global CBD Market was valued at USD 11.74(Revenue in USD Billion) in 2022.
Global CBD Market is projected to grow at a CAGR of 19.00% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Global CBD Market, holding a largest market share of 9.08 USD Billion in 2024

Coming Soon....

Global CBD Market Scope

Global CBD Market Segmentation & Scope
Application
  • Others
  • Topicals
  • Beverages
  • Dietary Supplements
  • Pharmaceuticals
  • Food
  • Tincture
Nature
  • Inorganic
  • Organic
Product Type
  • Others
  • Cannabidiol (CBD) Concentrates
  • Cannabidiol (CBD) Isolates
  • Cannabidiol (CBD) Oil
Source
  • Marijuana
  • Hemp
Grade
  • Therapeutic Grade
  • Food Grade
Frequently Asked Questions
The Global CBD Market is segmented based on Segmentation Application,Nature,Product Type,Source,Grade.
Global CBD Market was valued at USD 11.74(Revenue in USD Billion) in 2022.
Global CBD Market is projected to grow at a CAGR of 19.00% during the forecast period of 2024 to 2032.
The estimated market value of the Global CBD Market for final year is USD 64.86 (USD Billion).

Global CBD Market Company Profiling

Global CBD Market Company Profiling
Frequently Asked Questions
The Global CBD Market is segmented based on Segmentation Application,Nature,Product Type,Source,Grade.
Global CBD Market was valued at USD 11.74(Revenue in USD Billion) in 2022.
Global CBD Market is projected to grow at a CAGR of 19.00% during the forecast period of 2024 to 2032.
The estimated market value of the Global CBD Market for final year is USD 64.86 (USD Billion).

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