South Korea CBD Market to 2032
Overview
The South Korea CBD Market is expected to reach a 112.17 USD Million by 2032 and is projected to grow at a CAGR of 25.56% from 2025 to 2032.
Revenue, 2024 (USD Million)
26.38
Forecast, 2032 (USD Million)
112.17
CAGR, 2024 - 2032
25.56%
Report Coverage
South Korea
South Korea CBD Market 2018-2032 USD Million
South Korea CBD Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26.38 USD Million
- Projected Market Size (2032): 112.17 USD Million
- CAGR (2025-2032): 25.56%
Key Findings of South Korea CBD Market
- The South Korea CBD Market was valued at 26.38 USD Million in 2024.
- The South Korea CBD Market is likely to grow at a CAGR of 25.56% 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 Million
- The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 28.80% during the forecast period from 2024 to 2032.
South Korea CBD Market Scope
South Korea 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 CBD Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 26.38 USD Million |
| Market Value in 2032 | 112.17 USD Million |
| CAGR (2025-2032) | 25.56% |
| 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 Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 26.38 USD Million in 2024.
Segments and Scope
-
South Korea CBD Market to 2032, By Application
- Tincture is the largest segment in South Korea CBD Market to 2032 with a revenue of 9.39 USD Million in the year 2024.
- Pharmaceuticals is the Fastest growing segment in South Korea CBD Market to 2032 with a Growth rate of 27.95 % in forecast period 2025-2032.
-
South Korea CBD Market to 2032, By Source
- Hemp is the largest segment in South Korea CBD Market to 2032 with a revenue of 14.89 USD Million in the year 2024.
- Hemp is the Fastest growing segment in South Korea CBD Market to 2032 with a Growth rate of 26.79 % in forecast period 2025-2032.
-
South Korea CBD Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in South Korea CBD Market to 2032 with a revenue of 15.07 USD Million in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in South Korea CBD Market to 2032 with a Growth rate of 26.02 % in forecast period 2025-2032.
-
South Korea CBD Market to 2032, By Grade
- Food Grade is the largest segment in South Korea CBD Market to 2032 with a revenue of 16.76 USD Million in the year 2024.
- Therapeutic Grade is the Fastest growing segment in South Korea CBD Market to 2032 with a Growth rate of 23.67 % in forecast period 2025-2032.
-
South Korea CBD Market to 2032, By Nature
- Organic is the largest segment in South Korea CBD Market to 2032 with a revenue of 20.88 USD Million in the year 2024.
- Organic is the Fastest growing segment in South Korea CBD Market to 2032 with a Growth rate of 26.40 % in forecast period 2025-2032.
South Korea CBD Market Company Share Analysis
| Company Name |
|
||
| Jazz Pharmaceuticals, Inc. | |||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| Curaleaf | |||
South Korea CBD Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea CBD Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea CBD Market is segmented based on Segmentation Application,Source,Product Type,Grade,Nature.
South Korea CBD Market was valued at USD 26.38(Revenue in USD Million) in 2022.
South Korea CBD Market is projected to grow at a CAGR of 25.56% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the South Korea CBD Market, holding a largest market share of 20.88 USD Million in 2024
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South Korea CBD Market Scope
South Korea 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
Frequently Asked Questions
The South Korea CBD Market is segmented based on Segmentation Application,Source,Product Type,Grade,Nature.
South Korea CBD Market was valued at USD 26.38(Revenue in USD Million) in 2022.
South Korea CBD Market is projected to grow at a CAGR of 25.56% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea CBD Market for final year is USD 112.17 (USD Million).
South Korea CBD Market Company Profiling
Frequently Asked Questions
The South Korea CBD Market is segmented based on Segmentation Application,Source,Product Type,Grade,Nature.
South Korea CBD Market was valued at USD 26.38(Revenue in USD Million) in 2022.
South Korea CBD Market is projected to grow at a CAGR of 25.56% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea CBD Market for final year is USD 112.17 (USD Million).
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