South Africa Cannabidiol (CBD) Oil Market to 2032
Overview
The South Africa Cannabidiol (CBD) Oil Market is expected to reach a 89.63 USD Billion by 2032 and is projected to grow at a CAGR of 40.40% from 2025 to 2032.
Revenue, 2024 (USD Billion)
10.85
Forecast, 2032 (USD Billion)
89.63
CAGR, 2024 - 2032
40.40%
Report Coverage
South Africa
South Africa Cannabidiol (CBD) Oil Market 2018-2032 USD Billion
South Africa Cannabidiol (CBD) Oil Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.85 USD Billion
- Projected Market Size (2032): 89.63 USD Billion
- CAGR (2025-2032): 40.40%
Key Findings of South Africa Cannabidiol (CBD) Oil Market
- The South Africa Cannabidiol (CBD) Oil Market was valued at 10.85 USD Billion in 2024.
- The South Africa Cannabidiol (CBD) Oil Market is likely to grow at a CAGR of 40.40% 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 10.04 USD Billion
- The fastest growing segment Pharma and Nutraceuticals in Application Segment grew Fastest with a CAGR of 42.82% during the forecast period from 2024 to 2032.
South Africa Cannabidiol (CBD) Oil Market Scope
South Africa 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
South Africa Cannabidiol (CBD) Oil Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 10.85 USD Billion |
| Market Value in 2032 | 89.63 USD Billion |
| CAGR (2025-2032) | 40.40% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel ,Application,Product Category,Product Type ,Type |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 10.85 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
-
South Africa Cannabidiol (CBD) Oil Market to 2032, By Distribution Channel
- Direct is the largest segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 9.92 USD Billion in the year 2024.
- Indirect is the Fastest growing segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of -31.09 % in forecast period 2025-2032.
-
South Africa Cannabidiol (CBD) Oil Market to 2032, By Application
- Pharma and Nutraceuticals is the largest segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 7.58 USD Billion in the year 2024.
- Pharma and Nutraceuticals is the Fastest growing segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 42.82 % in forecast period 2025-2032.
-
South Africa Cannabidiol (CBD) Oil Market to 2032, By Product Category
- Unflavoured is the largest segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 10.04 USD Billion in the year 2024.
- Flavoured is the Fastest growing segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of -31.27 % in forecast period 2025-2032.
-
South Africa Cannabidiol (CBD) Oil Market to 2032, By Product Type
- Blended is the largest segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 9.40 USD Billion in the year 2024.
- Blended is the Fastest growing segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 41.19 % in forecast period 2025-2032.
-
South Africa Cannabidiol (CBD) Oil Market to 2032, By Type
- CBD Dominant is the largest segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a revenue of 7.94 USD Billion in the year 2024.
- CBD Dominant is the Fastest growing segment in South Africa Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 42.35 % in forecast period 2025-2032.
South Africa Cannabidiol (CBD) Oil Market Company Share Analysis
| Company Name |
|
||
| Purekana LLC | |||
| Aurora Cannabis | |||
| Isodiol International Inc | |||
| Diamond CBD. | |||
| Endoca | |||
South Africa Cannabidiol (CBD) Oil Market Geographical Sales Distribution, 2018-2032 USD Billion
South Africa Cannabidiol (CBD) Oil Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Cannabidiol (CBD) Oil Market is segmented based on Segmentation Distribution Channel ,Application,Product Category,Product Type ,Type.
South Africa Cannabidiol (CBD) Oil Market was valued at USD 10.85(Revenue in USD Billion) in 2022.
South Africa Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 40.40% during the forecast period of 2024 to 2032.
The Unflavoured segment is expected to dominate the South Africa Cannabidiol (CBD) Oil Market, holding a largest market share of 10.04 USD Billion in 2024
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South Africa Cannabidiol (CBD) Oil Market Scope
South Africa 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 South Africa Cannabidiol (CBD) Oil Market is segmented based on Segmentation Distribution Channel ,Application,Product Category,Product Type ,Type.
South Africa Cannabidiol (CBD) Oil Market was valued at USD 10.85(Revenue in USD Billion) in 2022.
South Africa Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 40.40% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Cannabidiol (CBD) Oil Market for final year is USD 89.63 (USD Billion).
South Africa Cannabidiol (CBD) Oil Market Company Profiling
Frequently Asked Questions
The South Africa Cannabidiol (CBD) Oil Market is segmented based on Segmentation Distribution Channel ,Application,Product Category,Product Type ,Type.
South Africa Cannabidiol (CBD) Oil Market was valued at USD 10.85(Revenue in USD Billion) in 2022.
South Africa Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 40.40% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Cannabidiol (CBD) Oil Market for final year is USD 89.63 (USD Billion).
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