North America Cannabidiol (CBD) Oil Market to 2032

Overview

The North America Cannabidiol (CBD) Oil Market is expected to reach a 133,422.52 USD Billion by 2032 and is projected to grow at a CAGR of 52.29% from 2025 to 2032.

Revenue, 2024 (USD Billion)
9,736.51
Forecast, 2032 (USD Billion)
133,422.52
CAGR, 2024 - 2032
52.29%
Report Coverage
North America

North America Cannabidiol (CBD) Oil Market 2018-2032 USD Billion

North America Cannabidiol (CBD) Oil Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 9,736.51 USD Billion
  • Projected Market Size (2032): 133,422.52 USD Billion
  • CAGR (2025-2032): 52.29%

Key Findings of North America Cannabidiol (CBD) Oil Market

  • The North America Cannabidiol (CBD) Oil Market was valued at 9,736.51 USD Billion in 2024.
  • The North America Cannabidiol (CBD) Oil Market is likely to grow at a CAGR of 52.29% 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 8,938.15 USD Billion
  • The fastest growing segment Pharma and Nutraceuticals in Application Segment grew Fastest with a CAGR of 53.04% during the forecast period from 2024 to 2032.

North America Cannabidiol (CBD) Oil Market Scope

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

North America Cannabidiol (CBD) Oil Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 9,736.51 USD Billion
Market Value in 2032 133,422.52 USD Billion
CAGR (2025-2032) 52.29%
Historic Data 2016-2023
Market Segments Covered Distribution Channel ,Application,Product Category,Product Type ,Type

Regional Insights:

  • Leading Market (2024-2032): North America, leading in terms of revenue 9,736.51 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 7,470.04 USD Billion in 2024.

Segments and Scope

  • North America Cannabidiol (CBD) Oil Market to 2032, By Distribution Channel
    • Direct is the largest segment in North America Cannabidiol (CBD) Oil Market to 2032 with a revenue of 8,780.83 USD Billion in the year 2024.
    • Direct is the Fastest growing segment in North America Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 52.46 % in forecast period 2025-2032.
  • North America Cannabidiol (CBD) Oil Market to 2032, By Application
    • Pharma and Nutraceuticals is the largest segment in North America Cannabidiol (CBD) Oil Market to 2032 with a revenue of 6,433.66 USD Billion in the year 2024.
    • Pharma and Nutraceuticals is the Fastest growing segment in North America Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 53.04 % in forecast period 2025-2032.
  • North America Cannabidiol (CBD) Oil Market to 2032, By Product Category
    • Unflavoured is the largest segment in North America Cannabidiol (CBD) Oil Market to 2032 with a revenue of 8,938.15 USD Billion in the year 2024.
    • Unflavoured is the Fastest growing segment in North America Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 52.43 % in forecast period 2025-2032.
  • North America Cannabidiol (CBD) Oil Market to 2032, By Product Type
    • Blended is the largest segment in North America Cannabidiol (CBD) Oil Market to 2032 with a revenue of 8,287.02 USD Billion in the year 2024.
    • Blended is the Fastest growing segment in North America Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 52.50 % in forecast period 2025-2032.
  • North America Cannabidiol (CBD) Oil Market to 2032, By Type
    • CBD Dominant is the largest segment in North America Cannabidiol (CBD) Oil Market to 2032 with a revenue of 6,825.51 USD Billion in the year 2024.
    • CBD Dominant is the Fastest growing segment in North America Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 52.88 % in forecast period 2025-2032.

North America Cannabidiol (CBD) Oil Market Company Share Analysis

 
Company Name Company Share Analysis
Purekana LLC
Aurora Cannabis
Isodiol International Inc
Diamond CBD.
Endoca
North America Cannabidiol (CBD) Oil Market Company Share Analysis

North America Cannabidiol (CBD) Oil Market Geographical Sales Distribution, 2018-2032 USD Billion

North America Cannabidiol (CBD) Oil Market Geographical Sales Distribution, 2018-2032 USD Billion

North America Cannabidiol (CBD) Oil Market Company Profiling

North America Cannabidiol (CBD) Oil Market Company Profiling
Frequently Asked Questions
The North America Cannabidiol (CBD) Oil Market is segmented based on Segmentation Distribution Channel ,Application,Product Category,Product Type ,Type.
North America Cannabidiol (CBD) Oil Market was valued at USD 9,736.51(Revenue in USD Billion) in 2022.
North America Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 52.29% during the forecast period of 2024 to 2032.
The Unflavoured segment is expected to dominate the North America Cannabidiol (CBD) Oil Market, holding a largest market share of 8,938.15 USD Billion in 2024

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North America Cannabidiol (CBD) Oil Market Scope

North America Cannabidiol (CBD) Oil Market Segmentation & Scope
Distribution Channel
  • Indirect
  • Direct
Application
  • Others
  • Industrial Application
  • Personal Care/Cosmetics
  • Food and Beverages
  • Pharma and Nutraceuticals
Product Category
  • Flavoured
  • Unflavoured
Product Type
  • Original
  • Blended
Type
  • Hemp Based
  • THC Dominant
  • Marijuana Based
  • CBD Dominant
Frequently Asked Questions
The North America Cannabidiol (CBD) Oil Market is segmented based on Segmentation Distribution Channel ,Application,Product Category,Product Type ,Type.
North America Cannabidiol (CBD) Oil Market was valued at USD 9,736.51(Revenue in USD Billion) in 2022.
North America Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 52.29% during the forecast period of 2024 to 2032.
The estimated market value of the North America Cannabidiol (CBD) Oil Market for final year is USD 133,422.52 (USD Billion).

North America Cannabidiol (CBD) Oil Market Company Profiling

North America Cannabidiol (CBD) Oil Market Company Profiling
Frequently Asked Questions
The North America Cannabidiol (CBD) Oil Market is segmented based on Segmentation Distribution Channel ,Application,Product Category,Product Type ,Type.
North America Cannabidiol (CBD) Oil Market was valued at USD 9,736.51(Revenue in USD Billion) in 2022.
North America Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 52.29% during the forecast period of 2024 to 2032.
The estimated market value of the North America Cannabidiol (CBD) Oil Market for final year is USD 133,422.52 (USD Billion).

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