- The CBD industry growth extends beyond consumption, including ancillary sectors such as cultivation equipment, fertilizers, and consulting services
- Growth in these areas fuels demand for cannabis seeds as cultivation facilities require a steady supply to maintain production. This symbiotic relationship between ancillary industries and seed demand contributes to the overall expansion of the cannabis market
- North America dominated the cannabis seeds market with the largest revenue share of 44.56% in 2024, driven by the legalization of cannabis for both medical and recreational use across several U.S. states and Canadian provinces
- Asia-Pacific cannabis seeds market is poised to grow at the fastest CAGR of 11.69% during 2025 to 2032, driven by progressive legalization movements and an evolving consumer base across countries such as Thailand, Australia, and India
- The feminized seeds segment dominated the cannabis seeds market with the largest market revenue share of 48.9% in 2024, owing to their ability to ensure all-female plants, which are the primary source of cannabinoid-rich flowers
