Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Cannabidiol Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Cannabidiol Market?
The historical size of the cannabidiol market has seen a significant jump in recent years. The market is projected to increase from $12.94 billion in 2024 to $17.63 billion in 2025, with a compound annual growth rate (CAGR) of 36.3%.
What Are the Expected Market Growth Trends for the Cannabidiol Market Through 2029?
The Cannabidiol market is expected to expand to $57.59 billion by 2029. The sector is projected to progress at a compound annual growth rate (CAGR) of 34.4%.
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What Are the Key Business Drivers in the Cannabidiol Market Landscape?
The key Drivers in the cannabidiol market are:
• Rising acceptance and usage of CBD products driven by official governmental approvals.
• Utilization of CBD to develop diverse consumer products and therapies.
• Governmental steps to enhance the efficiency regulatory pathways for the lawful marketing of CBD products.
• Increased approval of applications for unapproved medicinal cannabis products from regulatory agencies.
How Is the Cannabidiol Market Divided Across Key Categories?
The cannabidiolmarket covered in this report is segmented –
1) By Product: Oil, Tinctures, Suppository, Transdermal Patches, Vape Oil, Isolates, Creams and Roll-on, Capsules, Tablet, Other Products
2) By Source: Marijuana, Hemp
3) By Treatment: CBD Oil, Supplements
4) By Application: Medical, Personal Use, Pharmaceuticals, Wellness
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Stores, Other Distribution Channels
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What Are the Ongoing Trends in the Cannabidiol Market?
The key trends in the cannabidiol market are:
• The development and market introduction of non-psychotropic products is a key emerging trend.
• CBD product innovation, especially in medicinal uses, is increasingly shaping the market.
• Upcoming trend involves specifically targeting areas of healthcare, such as epilepsy treatment.
• Products with very low THC content, denoting their non-psychoactive nature, are becoming increasingly popular.
Which Companies are Expanding in the Cannabidiol Industry?
The key players in the cannabidiol market are:
• Endoca BV
• Cannoid LLC
• Medical Marijuana Inc.
• Folium Biosciences
• Elixinol Global Limited
• NuLeaf Naturals LLC
• Isodiol International Inc.
• Pharmahemp d.o.o.
• Canopy Growth Corp.
• CV Sciences Inc.
• Medterra LLC
• Cronos Group
• CBD American Shaman LLC
• Walgreens Boots Alliance
• Aphria Inc.
• Maricann Inc.
• Tilray Inc.
• Organigram Holding Inc.
• CannTrust Holdings Company
• Charlotte's Web Holdings Inc.
• Aurora Cannabis Inc.
• GW Pharmaceuticals PLC
• Green Roads
• HempMeds PX LLC
• Eco Sciences
• Bluebird Botanicals
• HempFusion Inc.
• Kannaway LLC
• Lazarus Naturals
• Kazmira LLC
• HempLife Today LLC
Which is the Largest Region the Global Cannabidiol Market?
North America was the largest region in the cannabidiol market in 2024
