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Middle East & Africa Cannabidiol (CBD) Oil Market to 2032

Overview

The Middle East & Africa Cannabidiol (CBD) Oil Market is expected to reach a 159.05 USD Billion by 2032 and is projected to grow at a CAGR of 39.96% from 2025 to 2032.

Revenue, 2024 (USD Billion)
19.63
Forecast, 2032 (USD Billion)
159.05
CAGR, 2024 - 2032
39.96%
Report Coverage
Middle East & Africa

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

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

Market Growth and Projections:

  • Market Size (2024): 19.63 USD Billion
  • Projected Market Size (2032): 159.05 USD Billion
  • CAGR (2025-2032): 39.96%

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

  • The Middle East & Africa Cannabidiol (CBD) Oil Market was valued at 19.63 USD Billion in 2024.
  • The Middle East & Africa Cannabidiol (CBD) Oil Market is likely to grow at a CAGR of 39.96% 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 18.18 USD Billion
  • The fastest growing segment Pharma and Nutraceuticals in Application Segment grew Fastest with a CAGR of 42.37% during the forecast period from 2024 to 2032.

Middle East & Africa Cannabidiol (CBD) Oil Market Scope

Middle East & Africa Cannabidiol (CBD) Oil Market Segmentation & Scope
Application
  • Others
  • Industrial Application
  • Personal Care/Cosmetics
  • Food and Beverages
  • Pharma and Nutraceuticals
Distribution Channel
  • Indirect
  • Direct
Product Category
  • Flavoured
  • Unflavoured
Product Type
  • Original
  • Blended
Type
  • Hemp Based
  • THC Dominant
  • Marijuana Based
  • CBD Dominant

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

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 19.63 USD Billion
Market Value in 2032 159.05 USD Billion
CAGR (2025-2032) 39.96%
Historic Data 2016-2023
Market Segments Covered Application,Distribution Channel ,Product Category,Product Type ,Type

Regional Insights:

  • Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 19.63 USD Billion in 2024
    • Key Country: South Africa, leading in terms of revenue with value of 10.85 USD Billion in 2024.

Segments and Scope

  • Middle East & Africa Cannabidiol (CBD) Oil Market to 2032, By Application
    • Pharma and Nutraceuticals is the largest segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 13.72 USD Billion in the year 2024.
    • Pharma and Nutraceuticals is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 42.37 % in forecast period 2025-2032.
  • Middle East & Africa Cannabidiol (CBD) Oil Market to 2032, By Distribution Channel
    • Direct is the largest segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 17.88 USD Billion in the year 2024.
    • Indirect is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of -38.19 % in forecast period 2025-2032.
  • Middle East & Africa Cannabidiol (CBD) Oil Market to 2032, By Product Category
    • Unflavoured is the largest segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 18.18 USD Billion in the year 2024.
    • Flavoured is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of -38.39 % in forecast period 2025-2032.
  • Middle East & Africa Cannabidiol (CBD) Oil Market to 2032, By Product Type
    • Blended is the largest segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 17.00 USD Billion in the year 2024.
    • Blended is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 40.75 % in forecast period 2025-2032.
  • Middle East & Africa Cannabidiol (CBD) Oil Market to 2032, By Type
    • CBD Dominant is the largest segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 14.27 USD Billion in the year 2024.
    • CBD Dominant is the Fastest growing segment in Middle East & Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 41.96 % in forecast period 2025-2032.

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

 
Company Name Company Share Analysis
Purekana LLC
Aurora Cannabis
Isodiol International Inc
Diamond CBD.
Endoca
Middle East & Africa Cannabidiol (CBD) Oil Market Company Share Analysis

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

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

Middle East & Africa Cannabidiol (CBD) Oil Market Company Profiling

Middle East & Africa Cannabidiol (CBD) Oil Market Company Profiling

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Frequently Asked Questions
The Middle East & Africa Cannabidiol (CBD) Oil Market is segmented based on Segmentation Application,Distribution Channel ,Product Category,Product Type ,Type.
Middle East & Africa Cannabidiol (CBD) Oil Market was valued at USD 19.63(Revenue in USD Billion) in 2022.
Middle East & Africa Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 39.96% during the forecast period of 2024 to 2032.
The Unflavoured segment is expected to dominate the Middle East & Africa Cannabidiol (CBD) Oil Market, holding a largest market share of 18.18 USD Billion in 2024

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Middle East & Africa Cannabidiol (CBD) Oil Market Scope

Middle East & Africa Cannabidiol (CBD) Oil Market Segmentation & Scope
Application
  • Others
  • Industrial Application
  • Personal Care/Cosmetics
  • Food and Beverages
  • Pharma and Nutraceuticals
Distribution Channel
  • Indirect
  • Direct
Product Category
  • Flavoured
  • Unflavoured
Product Type
  • Original
  • Blended
Type
  • Hemp Based
  • THC Dominant
  • Marijuana Based
  • CBD Dominant
Frequently Asked Questions
The Middle East & Africa Cannabidiol (CBD) Oil Market is segmented based on Segmentation Application,Distribution Channel ,Product Category,Product Type ,Type.
Middle East & Africa Cannabidiol (CBD) Oil Market was valued at USD 19.63(Revenue in USD Billion) in 2022.
Middle East & Africa Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 39.96% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Cannabidiol (CBD) Oil Market for final year is USD 159.05 (USD Billion).

Middle East & Africa Cannabidiol (CBD) Oil Market Company Profiling

Middle East & Africa Cannabidiol (CBD) Oil Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Cannabidiol (CBD) Oil Market is segmented based on Segmentation Application,Distribution Channel ,Product Category,Product Type ,Type.
Middle East & Africa Cannabidiol (CBD) Oil Market was valued at USD 19.63(Revenue in USD Billion) in 2022.
Middle East & Africa Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 39.96% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Cannabidiol (CBD) Oil Market for final year is USD 159.05 (USD Billion).

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