Cannabidiol Market to Reach $71.06 Billion by 2032
Meticulous Research®—a
leading global market research company, published a research report titled ‘Cannabidiol
Market—Global Opportunity Analysis and Industry Forecast (2025-2032)’.
According to this latest publication from Meticulous Research®, the
cannabidiol market is expected to reach $71.06
billion by 2032, at a CAGR of 30% from 2025 to 2032.
The growth of this
market is driven by the rising legalization of cannabis, health benefits of
cannabidiol-infused products, and growing demand for cannabidiol in medical
applications. In addition, increasing adoption of cannabidiol in pet food and
emerging nations in Asia-Pacific and Latin America are expected to create
market growth opportunities for the stakeholders in this market. Moreover,
growing demand for cannabidiol-infused beverages is a major trend in the
cannabidiol market.
Key Players:
The cannabidiol market
is characterized by a moderately competitive scenario due to the presence of
many large- and small-sized global, regional, and local players. The key
players operating in the cannabidiol market are Aurora Cannabis Inc. (Canada),
Cannoid, LLC (U.S.), NuLeaf Naturals, LLC (U.S.), Medical Marijuana, Inc.
(U.S.), PharmaHemp d.o.o. (Slovenia), Water for Living LLC (U.S.), Elixinol
Global Limited (Australia), Isodiol International Inc. (U.S.), Tilray Brands,
Inc. (Canada), Tweedle Farms (U.S.), Endoca LLC (U.S.), and CV Sciences, Inc.
(U.S.).
The cannabidiol market
is segmented based on product, source, nature, end user, and distribution
channel. This study also evaluates industry competitors and analyzes the
regional and country-level markets.
Among the products
studied in this report, in 2025, the cannabidiol oil segment is expected to dominate the cannabidiol
market. The increasing adoption of CBD oil in medical, wellness, and pet food
applications and rising health concerns such as anxiety, depression, chronic
pain, and sleep disorders contribute to the segment’s dominant position in the
cannabidiol market.
Among the sources
studied in this report, the
hemp-sourced cannabidiol segment is anticipated to hold the dominant position,
with a large share of the cannabidiol market in 2025. The increasing acceptance
and legalization of hemp-derived products across various regions, increasing
demand from various industries such as food and beverages and pharmaceuticals,
and lower THC content benefit reinforce the segment's dominance in the
cannabidiol market.
Among the nature
studied in this report, the
non-organic segment is anticipated to hold the dominant position, with a large
share of the cannabidiol market in 2025. The non-organic cannabidiol has
extensive production, easy availability, and lower price compared to organic,
contributing to its dominant position in the cannabidiol market.
Among the end users
studied in this report, the
pharmaceuticals segment is anticipated to hold the dominant position in the
cannabidiol market in 2025. The factors such as increasing awareness regarding
the medical benefits of cannabidiol, increasing drug trails to evaluate the
effects of CBD on health conditions, and rising prevalence of chronic diseases
contribute to the segment’s dominant position in the cannabidiol market.
Among the
distribution channels studied in this report, the business-to-business (B2B) segment is anticipated to hold the
dominant position, with a large share of the cannabidiol market in 2025. The
increasing legalization of cannabis in several countries, rising demand from
pharmaceuticals and wellness industries, and higher demand for CBD oil
contribute to the segment’s dominant position in the cannabidiol market.
Geographic Review
This research report
analyzes major geographies and provides a comprehensive analysis of North
America (U.S., Canada), Europe (Germany, France, Spain, Italy, U.K.,
Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia,
South Korea, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America
(Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East
& Africa ((South Africa, Saudi Arabia, UAE, and the Rest of Middle East
& Africa).
Among the
geographies studied in this report, in 2025, North America is expected to dominate the cannabidiol market. The
large share of this regional market can be attributed to the several factors,
such as presence of established players, increasing acceptance of CBD products,
growing incidence of chronic diseases, changing perceptions towards CBD
consumption for both medical and recreational purposes, and ease of
availability. Furthermore, in 2025, the U.S. is expected to account for a
larger share of the cannabidiol market in North America.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6083
Key Questions
Answered in the Report-
- What is the value of revenue generated by
the sale of cannabidiol?
- At what rate is the global demand for
cannabidiol projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the cannabidiol market?
- What are the major factors impacting the
growth of this market at a global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which product, source, nature, end user,
and distribution channel segments create major traction for the
manufacturers in this market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the cannabidiol
market?
- Who are the major players in the
cannabidiol market? What are their specific product offerings in this
market?
- What recent developments have taken place
in the cannabidiol market? What impact have these strategic developments
created on the market?
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