Middle East & Africa Cannabidiol (CBD) Market to 2032

Overview

The Middle East & Africa Cannabidiol (CBD) Market is expected to reach a 1,275.30 USD Billion by 2032 and is projected to grow at a CAGR of 31.13% from 2025 to 2032.

Revenue, 2024 (USD Billion)

260.66

Forecast, 2032 (USD Billion)

1,275.30

CAGR, 2024 - 2032

31.13%

Report Coverage

Middle East & Africa

Middle East & Africa Cannabidiol (CBD) Market 2018-2032 USD Billion

Middle East & Africa Cannabidiol (CBD) Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 260.66 USD Billion
Projected Market Size (2032): 1,275.30 USD Billion
CAGR (2025-2032): 31.13%

Key Findings of Middle East & Africa Cannabidiol (CBD) Market

The Middle East & Africa Cannabidiol (CBD) Market was valued at 260.66 USD Billion in 2024.
The Middle East & Africa Cannabidiol (CBD) Market is likely to grow at a CAGR of 31.13% 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 192.36 USD Billion
The fastest growing segment Pharmaceuticals in Application Segment grew Fastest with a CAGR of 34.97% during the forecast period from 2024 to 2032.

Middle East & Africa Cannabidiol (CBD) Market Scope

Middle East & Africa Cannabidiol (CBD) Market Segmentation & Scope

Application

Others
Topicals
Beverages
Dietary Supplements
Pharmaceuticals
Food
Tincture

Nature

Inorganic
Organic

Grade

Therapeutic Grade
Food Grade

Product Type

Others
Cannabidiol (CBD) Concentrates
Cannabidiol (CBD) Isolates
Cannabidiol (CBD) Oil

Source

Marijuana
Hemp

Middle East & Africa Cannabidiol (CBD) Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	260.66 USD Billion
Market Value in 2032	1,275.30 USD Billion
CAGR (2025-2032)	31.13%
Historic Data	2016-2023
Market Segments Covered	Application,Nature,Grade,Product Type,Source

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 260.66 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 156.38 USD Billion in 2024.

Segments and Scope

Middle East & Africa Cannabidiol (CBD) Market to 2032, By Application
- Tincture is the largest segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a revenue of 78.22 USD Billion in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 34.64 % in forecast period 2025-2032.
Middle East & Africa Cannabidiol (CBD) Market to 2032, By Nature
- Organic is the largest segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a revenue of 192.36 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 32.44 % in forecast period 2025-2032.
Middle East & Africa Cannabidiol (CBD) Market to 2032, By Grade
- Food Grade is the largest segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a revenue of 168.39 USD Billion in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 29.04 % in forecast period 2025-2032.
Middle East & Africa Cannabidiol (CBD) Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a revenue of 136.41 USD Billion in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 31.77 % in forecast period 2025-2032.
Middle East & Africa Cannabidiol (CBD) Market to 2032, By Source
- Hemp is the largest segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a revenue of 154.07 USD Billion in the year 2024.
- Hemp is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 32.43 % in forecast period 2025-2032.

Middle East & Africa Cannabidiol (CBD) Market Company Share Analysis

Company Name
Jazz Pharmaceuticals, Inc.
Tilray
Canopy Growth Corporation
Aurora Cannabis
Curaleaf

Middle East & Africa Cannabidiol (CBD) Market Geographical Sales Distribution, 2018-2032 USD Billion

Middle East & Africa Cannabidiol (CBD) Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Cannabidiol (CBD) Market?

The Middle East & Africa Cannabidiol (CBD) Market is segmented based on Segmentation Application,Nature,Grade,Product Type,Source.

What is the current market size of the Middle East & Africa Cannabidiol (CBD) Market?

Middle East & Africa Cannabidiol (CBD) Market was valued at USD 260.66(Revenue in USD Billion) in 2021.

What is the expected growth rate of the Middle East & Africa Cannabidiol (CBD) Market?

Middle East & Africa Cannabidiol (CBD) Market is projected to grow at a CAGR of 31.13% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Cannabidiol (CBD) Market?

The Organic segment is expected to dominate the Middle East & Africa Cannabidiol (CBD) Market, holding a largest market share of 192.36 USD Billion in 2024