Thailand CBD Market to 2032

Overview

The Thailand CBD Market is expected to reach a 242.67 USD Million by 2032 and is projected to grow at a CAGR of 28.14% from 2025 to 2032.

Revenue, 2024 (USD Million)
50.28
Forecast, 2032 (USD Million)
242.67
CAGR, 2024 - 2032
28.14%
Report Coverage
Thailand

Thailand CBD Market 2018-2032 USD Million

Thailand CBD Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 50.28 USD Million
  • Projected Market Size (2032): 242.67 USD Million
  • CAGR (2025-2032): 28.14%

Key Findings of Thailand CBD Market

  • The Thailand CBD Market was valued at 50.28 USD Million in 2024.
  • The Thailand CBD Market is likely to grow at a CAGR of 28.14% 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 39.19 USD Million
  • The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 31.44% during the forecast period from 2024 to 2032.

Thailand CBD Market Scope

Thailand CBD Market Segmentation & Scope
Application
  • Others
  • Topicals
  • Beverages
  • Dietary Supplements
  • Pharmaceuticals
  • Food
  • Tincture
Product Type
  • Others
  • Cannabidiol (CBD) Concentrates
  • Cannabidiol (CBD) Isolates
  • Cannabidiol (CBD) Oil
Source
  • Marijuana
  • Hemp
Nature
  • Inorganic
  • Organic
Grade
  • Therapeutic Grade
  • Food Grade

Thailand CBD Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 50.28 USD Million
Market Value in 2032 242.67 USD Million
CAGR (2025-2032) 28.14%
Historic Data 2016-2023
Market Segments Covered Application,Product Type,Source,Nature,Grade

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 50.28 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 50.28 USD Million in 2024.

Segments and Scope

  • Thailand CBD Market to 2032, By Application
    • Tincture is the largest segment in Thailand CBD Market to 2032 with a revenue of 16.07 USD Million in the year 2024.
    • Pharmaceuticals is the Fastest growing segment in Thailand CBD Market to 2032 with a Growth rate of 30.32 % in forecast period 2025-2032.
  • Thailand CBD Market to 2032, By Product Type
    • Cannabidiol (CBD) Oil is the largest segment in Thailand CBD Market to 2032 with a revenue of 29.08 USD Million in the year 2024.
    • Cannabidiol (CBD) Oil is the Fastest growing segment in Thailand CBD Market to 2032 with a Growth rate of 28.59 % in forecast period 2025-2032.
  • Thailand CBD Market to 2032, By Source
    • Hemp is the largest segment in Thailand CBD Market to 2032 with a revenue of 29.36 USD Million in the year 2024.
    • Hemp is the Fastest growing segment in Thailand CBD Market to 2032 with a Growth rate of 29.30 % in forecast period 2025-2032.
  • Thailand CBD Market to 2032, By Nature
    • Organic is the largest segment in Thailand CBD Market to 2032 with a revenue of 39.19 USD Million in the year 2024.
    • Organic is the Fastest growing segment in Thailand CBD Market to 2032 with a Growth rate of 29.06 % in forecast period 2025-2032.
  • Thailand CBD Market to 2032, By Grade
    • Food Grade is the largest segment in Thailand CBD Market to 2032 with a revenue of 31.20 USD Million in the year 2024.
    • Therapeutic Grade is the Fastest growing segment in Thailand CBD Market to 2032 with a Growth rate of 26.09 % in forecast period 2025-2032.

Thailand CBD Market Company Share Analysis

 
Company Name Company Share Analysis
Jazz Pharmaceuticals, Inc.
Tilray
Canopy Growth Corporation
Aurora Cannabis
Curaleaf
Thailand CBD Market Company Share Analysis

Thailand CBD Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand CBD Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand CBD Market Company Profiling

Thailand CBD Market Company Profiling
Frequently Asked Questions
The Thailand CBD Market is segmented based on Segmentation Application,Product Type,Source,Nature,Grade.
Thailand CBD Market was valued at USD 50.28(Revenue in USD Million) in 2022.
Thailand CBD Market is projected to grow at a CAGR of 28.14% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Thailand CBD Market, holding a largest market share of 39.19 USD Million in 2024

Coming Soon....

Thailand CBD Market Scope

Thailand CBD Market Segmentation & Scope
Application
  • Others
  • Topicals
  • Beverages
  • Dietary Supplements
  • Pharmaceuticals
  • Food
  • Tincture
Product Type
  • Others
  • Cannabidiol (CBD) Concentrates
  • Cannabidiol (CBD) Isolates
  • Cannabidiol (CBD) Oil
Source
  • Marijuana
  • Hemp
Nature
  • Inorganic
  • Organic
Grade
  • Therapeutic Grade
  • Food Grade
Frequently Asked Questions
The Thailand CBD Market is segmented based on Segmentation Application,Product Type,Source,Nature,Grade.
Thailand CBD Market was valued at USD 50.28(Revenue in USD Million) in 2022.
Thailand CBD Market is projected to grow at a CAGR of 28.14% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand CBD Market for final year is USD 242.67 (USD Million).

Thailand CBD Market Company Profiling

Thailand CBD Market Company Profiling
Frequently Asked Questions
The Thailand CBD Market is segmented based on Segmentation Application,Product Type,Source,Nature,Grade.
Thailand CBD Market was valued at USD 50.28(Revenue in USD Million) in 2022.
Thailand CBD Market is projected to grow at a CAGR of 28.14% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand CBD Market for final year is USD 242.67 (USD Million).

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