South Korea Cannabidiol (CBD) Market to 2032

Overview

The South Korea Cannabidiol (CBD) Market is expected to reach a 112.17 USD Billion by 2032 and is projected to grow at a CAGR of 27.89% from 2025 to 2032.

Revenue, 2024 (USD Billion)

26.38

Forecast, 2032 (USD Billion)

112.17

CAGR, 2024 - 2032

27.89%

Report Coverage

South Korea

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

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

Market Growth and Projections:

Market Size (2024): 26.38 USD Billion
Projected Market Size (2032): 112.17 USD Billion
CAGR (2025-2032): 27.89%

Key Findings of South Korea Cannabidiol (CBD) Market

The South Korea Cannabidiol (CBD) Market was valued at 26.38 USD Billion in 2024.
The South Korea Cannabidiol (CBD) Market is likely to grow at a CAGR of 27.89% 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 20.88 USD Billion
The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 31.56% during the forecast period from 2024 to 2032.

South Korea Cannabidiol (CBD) Market Scope

South Korea Cannabidiol (CBD) Market Segmentation & Scope

Application

Others
Topicals
Beverages
Dietary Supplements
Pharmaceuticals
Food
Tincture

Source

Marijuana
Hemp

Product Type

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

Grade

Therapeutic Grade
Food Grade

Nature

Inorganic
Organic

South Korea Cannabidiol (CBD) Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	26.38 USD Billion
Market Value in 2032	112.17 USD Billion
CAGR (2025-2032)	27.89%
Historic Data	2016-2023
Market Segments Covered	Application,Source,Product Type,Grade,Nature

Regional Insights:

Leading Market (2024-2032): South Korea, leading in terms of revenue 26.38 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 26.38 USD Billion in 2024.

Segments and Scope

South Korea Cannabidiol (CBD) Market to 2032, By Application
- Tincture is the largest segment in South Korea Cannabidiol (CBD) Market to 2032 with a revenue of 9.39 USD Billion in the year 2024.
- Pharmaceuticals is the Fastest growing segment in South Korea Cannabidiol (CBD) Market to 2032 with a Growth rate of 30.66 % in forecast period 2025-2032.
South Korea Cannabidiol (CBD) Market to 2032, By Source
- Hemp is the largest segment in South Korea Cannabidiol (CBD) Market to 2032 with a revenue of 14.89 USD Billion in the year 2024.
- Hemp is the Fastest growing segment in South Korea Cannabidiol (CBD) Market to 2032 with a Growth rate of 29.29 % in forecast period 2025-2032.
South Korea Cannabidiol (CBD) Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in South Korea Cannabidiol (CBD) Market to 2032 with a revenue of 15.07 USD Billion in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in South Korea Cannabidiol (CBD) Market to 2032 with a Growth rate of 28.41 % in forecast period 2025-2032.
South Korea Cannabidiol (CBD) Market to 2032, By Grade
- Food Grade is the largest segment in South Korea Cannabidiol (CBD) Market to 2032 with a revenue of 16.76 USD Billion in the year 2024.
- Therapeutic Grade is the Fastest growing segment in South Korea Cannabidiol (CBD) Market to 2032 with a Growth rate of 25.77 % in forecast period 2025-2032.
South Korea Cannabidiol (CBD) Market to 2032, By Nature
- Organic is the largest segment in South Korea Cannabidiol (CBD) Market to 2032 with a revenue of 20.88 USD Billion in the year 2024.
- Organic is the Fastest growing segment in South Korea Cannabidiol (CBD) Market to 2032 with a Growth rate of 28.84 % in forecast period 2025-2032.

South Korea Cannabidiol (CBD) Market Company Share Analysis

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

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

South Korea Cannabidiol (CBD) Market Company Profiling

Industry Related Reports

South America Cannabis Seeds Market

Middle East & Africa Cannabis Seeds Market

North America Cannabis Seeds Market

Europe Cannabis Seeds Market

Asia-Pacific Cannabis Seeds Market

Argentina Cannabis Seeds Market

Australia Cannabis Seeds Market

Belgium Cannabis Seeds Market

Canada Cannabis Seeds Market

China Cannabis Seeds Market

Frequently Asked Questions

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

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

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

South Korea Cannabidiol (CBD) Market was valued at USD 26.38(Revenue in USD Billion) in 2021.

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

South Korea Cannabidiol (CBD) Market is projected to grow at a CAGR of 27.89% during the forecast period of 2024 to 2032.

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

The Organic segment is expected to dominate the South Korea Cannabidiol (CBD) Market, holding a largest market share of 20.88 USD Billion in 2024

Coming Soon....