Global Cannabidiol (CBD) Oil Extract Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

Cannabidiol (CBD) Oil Extract Market Analysis

Cannabidiol (CBD) oil has largely gained popularity due to its effective use in treating pain arising from chronic injuries. Moreover, it is further effective in tackling inflammation, anxiety and insomnia and also helps to improve the physiological and cognitive functions in an individual along with regulation the mood, pain and memory. Cannabidiol (CBD) is one of 113 identified cannabinoids in cannabis plants and accounts for up to 40% of the plant's extract.

Cannabidiol (CBD) Oil Extract Market Size

Global cannabidiol (CBD) oil extract market size was valued at USD 14.24 billion in 2024 and is projected to reach USD 67.63 billion by 2032, with a CAGR of 21.5% during the forecast period of 2025 to 2032.

Report Scope and Market Segmentation       

Cannabidiol (CBD) Oil Extract Market Definition

Cannabidiol (CBD) oil extract (PFPE) is a low-molecular-weight fluorinated synthetic fluid. Cannabidiol (CBD) oil extract is non-toxic and non-flammable in its natural state. It is utilized in severe temperatures ranging from 80°C to 200°C. PFPE's molecular structure might be linear, branched, or a combination of both, depending on the application. Temperature resistance, lubricity, wear resistance, and fluid volatility are all provided by PFPE.

Cannabidiol (CBD) Oil Extract Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Growing Awareness Regarding its Benefits

The increased awareness about the benefits of cannabidiol and its medicinal properties is inducing increased demand and application by the small and medium scale enterprises. Also, high adoption of hemp oil in pharmaceutical industries reduces body pain is a positive sign. This in turn is bolstering the growth of the market.

Furthermore, the factors such as surge in public-private funding for targeted research activities, high disposable income, rapid urbanization, changing lifestyles, and rising product innovations and development due to technological advancements worldwide boost the market value. Moreover, increased internet penetration, continued product development and commercialization, government supportive regulations for the use of cannabis-related products, particularly in developing nations, and rising per capita expenditure will all contribute to the market's future growth rate.

Opportunities

• Increased Funding and Research And Developmental Operations

Furthermore, the surging funding from the federal government pertaining to the research and development proficiencies coupled with the increasing number of technological advancements driven to minimize the production costs and wastage extend profitable opportunities to the market players in the forecast period 2025 to 2032. Additionally, the research and developmental operations directed towards sustainable development will ensure optimum and judicious use of resources, which will further expand the future growth of the cannabidiol (CBD) oil extract market.

Restraints/Challenges

• Issues Associated with Raw Material Prices and Availability

Fluctuations or volatility in the cost of raw materials and mechanical equipment pose a significant danger to the market's growth. Furthermore, the global cannabidiol (CBD) oil extract market's expansion is being hampered by the inconsistent availability of raw materials in one location.

• Norms, Standards and Regulations

The government's imposition of rigorous rules on a wide variety of industrial applications relevant to industrial activities will further slow the market's growth pace. Lack of standardization rules, a lack of awareness in backward economies regarding the benefits and high costs of cannabis products, and a shift in the demand-supply spectrum due to regulatory strengthening in the Asia-Pacific area would exacerbate the market position. As a result, these factors are estimated to challenge the cannabidiol (CBD) oil extract market growth rate.

In addition to this, the increasing competition and supply to meet rising demand and low-quality product development due to insufficient production equipment would further stymie market expansion.

This cannabidiol (CBD) oil extract market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cannabidiol (CBD) oil extract market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Cannabidiol (CBD) Oil Extract Market Scope

The cannabidiol (CBD) oil extract market is segmented on the basis of source type, extract type, extraction method, distribution channel, and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source Type

• Hemp
• Marijuana

Extract Type

• Full Spectrum Extracts
• Cannabis Isolates

Extraction Method

• Solvent Based
• Non-Solvent Based

Distribution Channel

• B2B
• B2C

End Use

• Medical
• Personal use
• Pharmaceutical
• Wellness

Cannabidiol (CBD) Oil Extract Market Regional Analysis

The cannabidiol (CBD) oil extract market is analyzed and market size insights and trends are provided by country, source type, extract type, extraction method, distribution channel and end use as referenced above.

The countries covered in the cannabidiol (CBD) oil extract market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the cannabidiol (CBD) oil extract market because of the growing application by pharmaceutical industries within the region.

On the other hand, Asia-Pacific is estimated to show lucrative growth due to the growth and expansion of hemp-producing plants, especially in the developing economies such as India and China.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Cannabidiol (CBD) Oil Extract Market Share

The cannabidiol (CBD) oil extract market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cannabidiol (CBD) oil extract market.

Cannabidiol (CBD) Oil Extract Market Leaders Operating in the Market Are:

• Canopy Growth Corporation (Canada)
• The Cronos Group (Canada)
• Tilray. (U.S.)
• Hexo (Canada)
• CannTrust (Canada)
• Aurora Cannabis Inc. (Canada)
• GW Pharmaceuticals plc. (UK)
• VIVO Cannabis Inc. (Canada)
• Alkaline88, LLC. (U.S.)
• NewAge Inc. (U.S.)
• Cannara. (Canada)
• Dixie Brands (U.S.)
• KANNAWAY LLC. (U.S.)
• The Supreme Cannabis Company, Inc (Canada)
• CANNABIS Aphria (Canada)
• CURA CS, LLC. (U.S.)
• KAZMIRA  (U.S.)
• Curaleaf (U.S.)
• CannazALL (U.S.)

Latest Developments in Cannabidiol (CBD) Oil Extract Market

• In January 2021, Next leaf, has been granted a patent by the United States Patent and Trademark Office for a process that adds to the Company's dynamic and growing U.S. patent portfolio resulting in a solventless cannabis concentrate
• In January 2021, Nano Hydrate unveiled product marketing services leveraging advanced technologies to provide natural healing through branding services of pharmaceutical-grade cannabidiol (CBD). Moreover, Nano Hydrate aimed to create a collaborative program that would allow them to introduce existing brands to the market for niche CBD products while expanding options for cannabis-infused beverages to the cannabis industry

SKU-53105