South Korea Cannabidiol (CBD) Oil Market to 2032
Overview
The South Korea Cannabidiol (CBD) Oil Market is expected to reach a 19.66 USD Billion by 2032 and is projected to grow at a CAGR of 37.32% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.73
Forecast, 2032 (USD Billion)
19.66
CAGR, 2024 - 2032
37.32%
Report Coverage
South Korea
South Korea Cannabidiol (CBD) Oil Market 2018-2032 USD Billion
South Korea Cannabidiol (CBD) Oil Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.73 USD Billion
- Projected Market Size (2032): 19.66 USD Billion
- CAGR (2025-2032): 37.32%
Key Findings of South Korea Cannabidiol (CBD) Oil Market
- The South Korea Cannabidiol (CBD) Oil Market was valued at 2.73 USD Billion in 2024.
- The South Korea Cannabidiol (CBD) Oil Market is likely to grow at a CAGR of 37.32% 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 2.53 USD Billion
- The fastest growing segment Pharma and Nutraceuticals in Application Segment grew Fastest with a CAGR of 39.39% during the forecast period from 2024 to 2032.
South Korea Cannabidiol (CBD) Oil Market Scope
South Korea Cannabidiol (CBD) Oil Market Segmentation & Scope
Application
- Others
- Industrial Application
- Personal Care/Cosmetics
- Food and Beverages
- Pharma and Nutraceuticals
Distribution Channel
- Indirect
- Direct
Product Type
- Original
- Blended
Type
- Hemp Based
- THC Dominant
- Marijuana Based
- CBD Dominant
Product Category
- Flavoured
- Unflavoured
South Korea Cannabidiol (CBD) Oil Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.73 USD Billion |
| Market Value in 2032 | 19.66 USD Billion |
| CAGR (2025-2032) | 37.32% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Distribution Channel ,Product Type ,Type,Product Category |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 2.73 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 2.73 USD Billion in 2024.
Segments and Scope
-
South Korea Cannabidiol (CBD) Oil Market to 2032, By Application
- Pharma and Nutraceuticals is the largest segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a revenue of 1.91 USD Billion in the year 2024.
- Pharma and Nutraceuticals is the Fastest growing segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 39.39 % in forecast period 2025-2032.
-
South Korea Cannabidiol (CBD) Oil Market to 2032, By Distribution Channel
- Direct is the largest segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a revenue of 2.49 USD Billion in the year 2024.
- Indirect is the Fastest growing segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of -11.50 % in forecast period 2025-2032.
-
South Korea Cannabidiol (CBD) Oil Market to 2032, By Product Type
- Blended is the largest segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a revenue of 2.36 USD Billion in the year 2024.
- Blended is the Fastest growing segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 37.88 % in forecast period 2025-2032.
-
South Korea Cannabidiol (CBD) Oil Market to 2032, By Type
- CBD Dominant is the largest segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a revenue of 2.00 USD Billion in the year 2024.
- CBD Dominant is the Fastest growing segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of 39.06 % in forecast period 2025-2032.
-
South Korea Cannabidiol (CBD) Oil Market to 2032, By Product Category
- Unflavoured is the largest segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a revenue of 2.53 USD Billion in the year 2024.
- Flavoured is the Fastest growing segment in South Korea Cannabidiol (CBD) Oil Market to 2032 with a Growth rate of -11.74 % in forecast period 2025-2032.
South Korea Cannabidiol (CBD) Oil Market Company Share Analysis
| Company Name |
|
||
| Purekana LLC | |||
| Aurora Cannabis | |||
| Isodiol International Inc | |||
| Diamond CBD. | |||
| Endoca | |||
South Korea Cannabidiol (CBD) Oil Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Cannabidiol (CBD) Oil Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Cannabidiol (CBD) Oil Market is segmented based on Segmentation Application,Distribution Channel ,Product Type ,Type,Product Category.
South Korea Cannabidiol (CBD) Oil Market was valued at USD 2.73(Revenue in USD Billion) in 2022.
South Korea Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 37.32% during the forecast period of 2024 to 2032.
The Unflavoured segment is expected to dominate the South Korea Cannabidiol (CBD) Oil Market, holding a largest market share of 2.53 USD Billion in 2024
Coming Soon....
South Korea Cannabidiol (CBD) Oil Market Scope
South Korea Cannabidiol (CBD) Oil Market Segmentation & Scope
Application
- Others
- Industrial Application
- Personal Care/Cosmetics
- Food and Beverages
- Pharma and Nutraceuticals
Distribution Channel
- Indirect
- Direct
Product Type
- Original
- Blended
Type
- Hemp Based
- THC Dominant
- Marijuana Based
- CBD Dominant
Product Category
- Flavoured
- Unflavoured
Frequently Asked Questions
The South Korea Cannabidiol (CBD) Oil Market is segmented based on Segmentation Application,Distribution Channel ,Product Type ,Type,Product Category.
South Korea Cannabidiol (CBD) Oil Market was valued at USD 2.73(Revenue in USD Billion) in 2022.
South Korea Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 37.32% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Cannabidiol (CBD) Oil Market for final year is USD 19.66 (USD Billion).
South Korea Cannabidiol (CBD) Oil Market Company Profiling
Frequently Asked Questions
The South Korea Cannabidiol (CBD) Oil Market is segmented based on Segmentation Application,Distribution Channel ,Product Type ,Type,Product Category.
South Korea Cannabidiol (CBD) Oil Market was valued at USD 2.73(Revenue in USD Billion) in 2022.
South Korea Cannabidiol (CBD) Oil Market is projected to grow at a CAGR of 37.32% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Cannabidiol (CBD) Oil Market for final year is USD 19.66 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.