Middle East & Africa CBD Market to 2032
Overview
The Middle East & Africa CBD Market is expected to reach a 1,275.30 USD Million by 2032 and is projected to grow at a CAGR of 28.42% from 2025 to 2032.
Revenue, 2024 (USD Million)
260.66
Forecast, 2032 (USD Million)
1,275.30
CAGR, 2024 - 2032
28.42%
Report Coverage
Middle East & Africa
Middle East & Africa CBD Market 2018-2032 USD Million
Middle East & Africa CBD Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 260.66 USD Million
- Projected Market Size (2032): 1,275.30 USD Million
- CAGR (2025-2032): 28.42%
Key Findings of Middle East & Africa CBD Market
- The Middle East & Africa CBD Market was valued at 260.66 USD Million in 2024.
- The Middle East & Africa CBD Market is likely to grow at a CAGR of 28.42% 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 Million
- The fastest growing segment Pharmaceuticals in Application Segment grew Fastest with a CAGR of 31.79% during the forecast period from 2024 to 2032.
Middle East & Africa CBD Market Scope
Middle East & Africa 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 CBD Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 260.66 USD Million |
| Market Value in 2032 | 1,275.30 USD Million |
| CAGR (2025-2032) | 28.42% |
| 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 Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 156.38 USD Million in 2024.
Segments and Scope
-
Middle East & Africa CBD Market to 2032, By Application
- Tincture is the largest segment in Middle East & Africa CBD Market to 2032 with a revenue of 78.22 USD Million in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Middle East & Africa CBD Market to 2032 with a Growth rate of 31.43 % in forecast period 2025-2032.
-
Middle East & Africa CBD Market to 2032, By Nature
- Organic is the largest segment in Middle East & Africa CBD Market to 2032 with a revenue of 192.36 USD Million in the year 2024.
- Organic is the Fastest growing segment in Middle East & Africa CBD Market to 2032 with a Growth rate of 29.56 % in forecast period 2025-2032.
-
Middle East & Africa CBD Market to 2032, By Grade
- Food Grade is the largest segment in Middle East & Africa CBD Market to 2032 with a revenue of 168.39 USD Million in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Middle East & Africa CBD Market to 2032 with a Growth rate of 26.56 % in forecast period 2025-2032.
-
Middle East & Africa CBD Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Middle East & Africa CBD Market to 2032 with a revenue of 136.41 USD Million in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Middle East & Africa CBD Market to 2032 with a Growth rate of 28.98 % in forecast period 2025-2032.
-
Middle East & Africa CBD Market to 2032, By Source
- Hemp is the largest segment in Middle East & Africa CBD Market to 2032 with a revenue of 154.07 USD Million in the year 2024.
- Hemp is the Fastest growing segment in Middle East & Africa CBD Market to 2032 with a Growth rate of 29.56 % in forecast period 2025-2032.
Middle East & Africa CBD Market Company Share Analysis
| Company Name |
|
||
| Jazz Pharmaceuticals, Inc. | |||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| Curaleaf | |||
Middle East & Africa CBD Market Geographical Sales Distribution, 2018-2032 USD Million
Middle East & Africa CBD Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa CBD Market is segmented based on Segmentation Application,Nature,Grade,Product Type,Source.
Middle East & Africa CBD Market was valued at USD 260.66(Revenue in USD Million) in 2022.
Middle East & Africa CBD Market is projected to grow at a CAGR of 28.42% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Middle East & Africa CBD Market, holding a largest market share of 192.36 USD Million in 2024
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Middle East & Africa CBD Market Scope
Middle East & Africa 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
Frequently Asked Questions
The Middle East & Africa CBD Market is segmented based on Segmentation Application,Nature,Grade,Product Type,Source.
Middle East & Africa CBD Market was valued at USD 260.66(Revenue in USD Million) in 2022.
Middle East & Africa CBD Market is projected to grow at a CAGR of 28.42% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa CBD Market for final year is USD 1,275.30 (USD Million).
Middle East & Africa CBD Market Company Profiling
Frequently Asked Questions
The Middle East & Africa CBD Market is segmented based on Segmentation Application,Nature,Grade,Product Type,Source.
Middle East & Africa CBD Market was valued at USD 260.66(Revenue in USD Million) in 2022.
Middle East & Africa CBD Market is projected to grow at a CAGR of 28.42% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa CBD Market for final year is USD 1,275.30 (USD Million).
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