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 : Nov 2025
Report Code : TIPRE00013667

Category : Consumer Goods
Status : Upcoming

Available Report Formats :
No. of Pages : 150

Also Available in :

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Page Updated: Jan 2025

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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

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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 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.

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

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

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.

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.

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.

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

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.

Research Manager

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.

What are the Cannabidiol (CBD) Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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