South Africa Cannabidiol (CBD) Market to 2032

Overview

The South Africa Cannabidiol (CBD) Market is expected to reach a 855.67 USD Billion by 2032 and is projected to grow at a CAGR of 33.84% from 2025 to 2032.

Revenue, 2024 (USD Billion)

156.38

Forecast, 2032 (USD Billion)

855.67

CAGR, 2024 - 2032

33.84%

Report Coverage

South Africa

South Africa Cannabidiol (CBD) Market 2018-2032 USD Billion

South Africa Cannabidiol (CBD) Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 156.38 USD Billion
Projected Market Size (2032): 855.67 USD Billion
CAGR (2025-2032): 33.84%

Key Findings of South Africa Cannabidiol (CBD) Market

The South Africa Cannabidiol (CBD) Market was valued at 156.38 USD Billion in 2024.
The South Africa Cannabidiol (CBD) Market is likely to grow at a CAGR of 33.84% 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 114.92 USD Billion
The fastest growing segment Tincture in Application Segment grew Fastest with a CAGR of 38.13% during the forecast period from 2024 to 2032.

South Africa Cannabidiol (CBD) Market Scope

South Africa Cannabidiol (CBD) Market Segmentation & Scope

Product Type

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

Nature

Inorganic
Organic

Grade

Therapeutic Grade
Food Grade

Application

Others
Topicals
Beverages
Dietary Supplements
Pharmaceuticals
Food
Tincture

Source

Marijuana
Hemp

South Africa Cannabidiol (CBD) Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	156.38 USD Billion
Market Value in 2032	855.67 USD Billion
CAGR (2025-2032)	33.84%
Historic Data	2016-2023
Market Segments Covered	Product Type,Nature,Grade,Application,Source

Regional Insights:

Leading Market (2024-2032): South Africa, leading in terms of revenue 156.38 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

South Africa Cannabidiol (CBD) Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in South Africa Cannabidiol (CBD) Market to 2032 with a revenue of 80.32 USD Billion in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in South Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 34.60 % in forecast period 2025-2032.
South Africa Cannabidiol (CBD) Market to 2032, By Nature
- Organic is the largest segment in South Africa Cannabidiol (CBD) Market to 2032 with a revenue of 114.92 USD Billion in the year 2024.
- Organic is the Fastest growing segment in South Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 35.21 % in forecast period 2025-2032.
South Africa Cannabidiol (CBD) Market to 2032, By Grade
- Food Grade is the largest segment in South Africa Cannabidiol (CBD) Market to 2032 with a revenue of 100.36 USD Billion in the year 2024.
- Therapeutic Grade is the Fastest growing segment in South Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 31.69 % in forecast period 2025-2032.
South Africa Cannabidiol (CBD) Market to 2032, By Application
- Tincture is the largest segment in South Africa Cannabidiol (CBD) Market to 2032 with a revenue of 43.99 USD Billion in the year 2024.
- Tincture is the Fastest growing segment in South Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 38.13 % in forecast period 2025-2032.
South Africa Cannabidiol (CBD) Market to 2032, By Source
- Hemp is the largest segment in South Africa Cannabidiol (CBD) Market to 2032 with a revenue of 92.40 USD Billion in the year 2024.
- Hemp is the Fastest growing segment in South Africa Cannabidiol (CBD) Market to 2032 with a Growth rate of 35.16 % in forecast period 2025-2032.

South Africa Cannabidiol (CBD) Market Company Share Analysis

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

South Africa Cannabidiol (CBD) Market Geographical Sales Distribution, 2018-2032 USD Billion

South Africa Cannabidiol (CBD) Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the South Africa Cannabidiol (CBD) Market?

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

What is the current market size of the South Africa Cannabidiol (CBD) Market?

South Africa Cannabidiol (CBD) Market was valued at USD 156.38(Revenue in USD Billion) in 2021.

What is the expected growth rate of the South Africa Cannabidiol (CBD) Market?

South Africa Cannabidiol (CBD) Market is projected to grow at a CAGR of 33.84% during the forecast period of 2024 to 2032.

Which is the dominating segment in the South Africa Cannabidiol (CBD) Market?

The Organic segment is expected to dominate the South Africa Cannabidiol (CBD) Market, holding a largest market share of 114.92 USD Billion in 2024

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