Cannabidiol (CBD) Market Opportunities, Forecast, Size, Competitive Analysis till 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Cannabidiol (CBD) Market covers analysis By Source (Marijuana, Hemp); End-Use (Medical and Pharmaceuticals, Recreational, Food and Beverages, Personal Care Others); Distribution Channel (Supermarkets and hypermarkets, Specialty stores, Online retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00013667
  • Category : Consumer Goods
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

AI overview of Cannabidiol (CBD) Market


The Cannabidiol (CBD) Market is poised for significant growth, with a projected market size reaching US$ XX million by 2031, reflecting a robust CAGR of 16.5% from 2025 to 2031. This market, which encompasses various segments including medical and pharmaceuticals, food and beverages, and personal care, is driven by increasing legal and social acceptance of CBD, alongside rising chronic diseases and mental health issues. Notably, innovative formulations and targeted therapies are emerging as key trends, expanding the Cannabidiol (CBD) Market into pharmaceutical and cosmetic industries. As businesses adapt to the evolving regulatory landscape, strategic partnerships will play a crucial role in capturing market share and driving future growth.


The Cannabidiol (CBD) Market is expected to register a CAGR of 16.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

Source (Marijuana, Hemp)

Purpose of the Report

The report Cannabidiol (CBD) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Cannabidiol (CBD) Market Segmentation

End-Use

  • Medical and Pharmaceuticals
  • Recreational
  • Food and Beverages
  • Personal Care Others

Distribution Channel

  • Supermarkets and hypermarkets
  • Specialty stores
  • Online retail

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Cannabidiol (CBD) Market: Strategic Insights

cannabidiol-cbd-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Cannabidiol (CBD) Market Growth Drivers

  • Legal and Social Acceptance: The growing legal and social acceptance of CBD in various regions is driving new opportunities and expanding its integration into multiple applications.
  • Scientific Research and Therapeutic Benefits: Increasing scientific research highlighting the therapeutic benefits of CBD, especially for anxiety, pain management, and sleep disorders, fuels consumer interest and adoption.
  • Rising Chronic Diseases and Mental Illnesses: The growing prevalence of chronic diseases and mental health issues is driving demand for natural and alternative remedies, positioning CBD as a prime solution.
  • Diverse Product Forms: The market reach of CBD is expanding through the availability of various product forms, including oils, capsules, topicals, and edibles.

Cannabidiol (CBD) Market Future Trends

  • Innovative Formulations and Targeted Therapies: The future of the CBD market will see the development of innovative product formulations and targeted therapies, expanding its applications.
  • Expansion into Pharmaceutical, Cosmetic, and F&B Industries: The growth of CBD will be fueled by stronger penetration into the pharmaceutical, cosmetic, and food and beverage sectors.
  • Improved Extraction and Purification: New techniques in extraction and purification will ensure the purity and consistency of CBD products, enhancing their quality.
  • Accessibility and Affordability: Increasing regulatory structures will likely make CBD products more accessible and affordable for consumers.

Cannabidiol (CBD) Market Opportunities

  • Strategic Partnerships: Collaborations with major players in the healthcare, wellness, and beauty sectors will accelerate market penetration and enhance brand recognition.
  • Regulatory Landscape Changes: Ongoing changes in the regulatory landscape provide avenues for companies to enter the emerging CBD market and navigate evolving regulations.
  • Smarter Business Ventures: Successful ventures will need to capitalize on the growing CBD market by addressing scientific gaps, shifting consumer trends, and adapting to regulatory changes.
  • Expanding Market Opportunities: The growing consumer interest and emerging market demands offer vast opportunities for businesses to strategically position themselves in the CBD industry.

Cannabidiol (CBD) Market Regional Insights

The regional trends and factors influencing the Cannabidiol (CBD) Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Cannabidiol (CBD) Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

cannabidiol-cbd-market-global-geography
  • Get the Regional Specific Data for Cannabidiol (CBD) Market

Cannabidiol (CBD) Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 16.5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By End-Use
  • Medical and Pharmaceuticals
  • Recreational
  • Food and Beverages
  • Personal Care Others
By Distribution Channel
  • Supermarkets and hypermarkets
  • Specialty stores
  • Online retail
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Aurora Cannabis
  • Aphria Inc.
  • Canopy Growth Corporation
  • Charlotte's Web Holdings, Inc.
  • Medical Marijuana, INC.
  • GW Pharmaceuticals, plc
  • Folium Biosciences
  • ENDOCA
  • Tilray

  • Cannabidiol (CBD) Market Players Density: Understanding Its Impact on Business Dynamics

    The Cannabidiol (CBD) Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Cannabidiol (CBD) Market are:

    1. Aurora Cannabis
    2. Aphria Inc.
    3. Canopy Growth Corporation
    4. Charlotte's Web Holdings, Inc.
    5. Medical Marijuana, INC.

    Disclaimer: The companies listed above are not ranked in any particular order.


    cannabidiol-cbd-market-cagr

    • Get the Cannabidiol (CBD) Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Cannabidiol (CBD) Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Cannabidiol (CBD) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    1
    Which are the leading players operating in the Cannabidiol (CBD) Market Market?
    The leading players are: Aurora Cannabis, Aphria Inc., Canopy Growth Corporation, Charlotte's Web Holdings, Inc., Medical Marijuana, INC., GW Pharmaceuticals, plc, Folium Biosciences, ENDOCA, Tilray, The Cronos Group, Cannoid, LLC, Medical Marijuana, Inc., Folium Biosciences, Elixinol, NuLeaf Naturals, LLC, Isodiol International, Inc., Pharmahemp d.o.o., Irwin Naturals, Garden of Life, CBD Health Solutions
    2
    What are the deliverable formats of the Cannabidiol (CBD) Market Market report?
    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
    3
    What are the options available for the customization of this report? 
    Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
    4
    What are the future trends of the Cannabidiol (CBD) Market Market?
    Currently, based on new scientific understanding of CBD's therapeutic potential, we can expect to see increased innovative forms of new products and targeted therapies. Since CBD interacts with the pharmaceutical, cosmetic, as well as food and beverage industries, we can expect its market to soar. Advancements in extraction and purification techniques will ensure improved quality and consistency of the CBD product. We can expect more accessibility and affordability of CBD products once regulatory frameworks improve. Another huge wave will be the models of personalized medicine, whether they are based on CBD's ability to address individual needs or developed based on CBD as an approach to the concept of health and wellness. Generally speaking, the future outlook for the CBD market continues promising, with steady growth and innovation modeling its future path.
    5
    What is the expected CAGR of the Cannabidiol (CBD) Market Market?
    Cannabidiol (CBD) Market Market is expected to grow at a CAGR of 16.5% between 2023-2031
    6
    What are the driving factors impacting the Cannabidiol (CBD) Market Market?
    It is mainly driven by a coming together of diverse drivers. Most prominent amongst these are the rising consumer awareness about healthy benefits that CBD offers, ranging from pain management to improved sleep quality and relief from tension. Growing legal acceptance of CBD in many places adds further momentum to the growth in the CBD market. Besides, a high prevalence of chronic diseases and mental illnesses is creating a demand for natural and alternative treatments that CBD offers, so there is much to be expected in this market going forward, further interspersed with research into CBD's therapeutic benefits. The future of Cannabidiol (CBD) looks bright and full of growth and innovation.
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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    Our Clients
    The List of Companies

    1. Aurora Cannabis
    2. Aphria Inc.
    3. Canopy Growth Corporation
    4. Charlotte's Web Holdings, Inc.
    5. Medical Marijuana, INC.
    6. GW Pharmaceuticals, plc
    7. Folium Biosciences
    8. ENDOCA
    9. Tilray
    10. The Cronos Group
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