Global and United States Cannabidiol (CBD) Market Report & Forecast 2023-2029
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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Cannabidiol (CBD) Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Cannabidiol (CBD) market size in 2022 is XX million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate of 27.80% expected in 2023-2029.
Competitive Landscape Analysis:
The main players in the Cannabidiol (CBD) market include CV Sciences, Inc., VIVO Cannabis Inc., Gaia Herbs Hemp, Phoena Holdings Inc., and Medical Marijuana, Inc.. The share of the top 3 players in the Cannabidiol (CBD) market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Cannabidiol (CBD) market, and Asia Pacific accounted for XX%.
Segmental Analysis
The report segments the market by Type and Application. HEMP accounted for XX% of Cannabidiol (CBD) market in 2022. MARIJUANA share of XX%.
FOOD GRADE accounted for XX% of the Cannabidiol (CBD) market in 2022. THERAPEUTIC GRADE accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
With the development of the economy, the improvement of residents' consumption level and the upgrade of consumption structure, the food and beverage industry as a whole has shown a good growth trend. In the future, the production capacity will continue to expand, and the industrial structure will be further improved and optimized.
E-Commerce Growth: The growth of e-commerce has significantly impacted the food and beverage industry. Online grocery shopping and food delivery services have witnessed tremendous growth, especially during the COVID-19 pandemic. Companies have been investing in online platforms and expanding their digital presence to cater to changing consumer preferences.
Clean label and transparency: Consumers are increasingly seeking transparency in food products. Clean label initiatives emphasize the use of natural ingredients, removal of artificial additives, and clear and accurate labeling to provide consumers with more information about the food they consume.
Segmental Analysis
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Some of the Top Market Players Covered Are:
CV Sciences, Inc.
VIVO Cannabis Inc.
Gaia Herbs Hemp
Phoena Holdings Inc.
Medical Marijuana, Inc.
The Cronos Group
CHARLOTTE’S WEB
HEXO Corp.
Aurora Cannabis
Canopy Growth Corporation
Jazz Pharmaceuticals, Inc.
Tilray
Curaleaf
KAZMIRA
Freedom Leaf, Inc.
Koi CBD
Groff North America Hemplex
Joy Organics
Elixinol Wellness Limited
Isodiol International Inc.
Healthy Food Ingredients, LLC
NuLeaf Naturals, LLC
Diamond CBD
Market outlook by product/service type:
HEMP
MARIJUANA
Market outlook by Application :
FOOD GRADE
THERAPEUTIC GRADE
Table of Content
1 Study Coverage
1.1 Cannabidiol (CBD) Product Introduction
1.2 Global Cannabidiol (CBD) Outlook 2018 VS 2023 VS 2029
1.3 United States Cannabidiol (CBD) Outlook 2018 VS 2023 VS 2029
1.4 Cannabidiol (CBD) Market Size, United States VS Global, 2018-2029
1.4.1 The Market Share of United States Cannabidiol (CBD) in Global, 2018-2029
1.4.2 The Growth Rate of Cannabidiol (CBD) Market Size, United States VS Global, 2018 VS 2023 VS 2029
1.5 Cannabidiol (CBD) Market Dynamics
1.5.1 Cannabidiol (CBD) Market Trends
1.5.2 Cannabidiol (CBD) Market Drivers
1.5.3 Cannabidiol (CBD) Market Challenges
1.5.4 Cannabidiol (CBD) Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Cannabidiol (CBD) Competitor Landscape by Company
2.1 Global Cannabidiol (CBD) Market Size by Company
2.1.1 Top Global Cannabidiol (CBD) Player Ranked by Revenue (2023)
2.1.2 Global Cannabidiol (CBD) Revenue by Player (2018-2023)
2.2 Global Cannabidiol (CBD) Concentration Ratio (CR)
2.2.1 Cannabidiol (CBD) Market Concentration Ratio (CR) (2018-2023)
2.2.2 Global Top 3 and Top 6 Largest Players of Cannabidiol (CBD) in 2023
2.3 Global Cannabidiol (CBD) Business Distribution, Business Type
2.3.1 Global Cannabidiol (CBD) Players, Headquarters and Distribution
2.3.2 Players Cannabidiol (CBD) Business Type
2.3.3 Date of International Players Enter into Cannabidiol (CBD) Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Cannabidiol (CBD) Market Size by Company
2.5.1 Top United States Cannabidiol (CBD) Player s Ranked by Revenue (2023)
2.5.2 United States Cannabidiol (CBD) Revenue by Player (2018-2023)
3 Cannabidiol (CBD) Market Segment by Type
3.1 Cannabidiol (CBD) Market Segment by Type
3.2 Global Cannabidiol (CBD) Market Size by Type
3.3 United States Cannabidiol (CBD) Market Size by Type
4 Cannabidiol (CBD) Market Segment by Application
4.1 Cannabidiol (CBD) Market Segment by Application
4.2 Global Cannabidiol (CBD) Market Size by Application
4.3 United States Cannabidiol (CBD) Market Size by Application
5 Global Cannabidiol (CBD) Market Size by Region
5.1 Global Cannabidiol (CBD) Market Size by Region: 2018 VS 2023 VS 2029
5.2 Global Cannabidiol (CBD) Market Size in Value by Region (2018-2029)
5.2.1 Global Cannabidiol (CBD) Revenue by Region: 2018-2023
5.2.2 Global Cannabidiol (CBD) Revenue by Region: 2023-2029
5.3 Global Cannabidiol (CBD) Market Size in Volume by Region (2018-2029)
5.3.1 Global Cannabidiol (CBD) Volume by Region: 2018-2023
5.3.2 Global Cannabidiol (CBD) Volume by Region: 2023-2029
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Cannabidiol (CBD) Market Size YoY Growth 2018-2029
6.1.2 North America Cannabidiol (CBD) Market Facts & Figures by Country (2018-2029)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Cannabidiol (CBD) Market Size YoY Growth 2018-2029
6.2.2 Asia Pacific Cannabidiol (CBD) Market Facts & Figures by Country (2018-2029)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Cannabidiol (CBD) Market Size YoY Growth 2018-2029
6.3.2 Europe Cannabidiol (CBD) Market Facts & Figures by Country (2018-2029)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Cannabidiol (CBD) Market Size YoY Growth 2018-2029
6.4.2 Latin America Cannabidiol (CBD) Market Facts & Figures by Country (2018-2029)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Cannabidiol (CBD) Market Size YoY Growth 2018-2029
6.5.2 Middle East and Africa Cannabidiol (CBD) Market Facts & Figures by Country (2018-2029)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 CV Sciences, Inc.
7.1.1 CV Sciences, Inc. Company Details
7.1.2 Description and Business Overview
7.1.3 Cannabidiol (CBD) Introduction
7.1.4 CV Sciences, Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.1.5 CV Sciences, Inc. Recent Development
7.2 VIVO Cannabis Inc.
7.2.1 VIVO Cannabis Inc. Company Details
7.2.2 Description and Business Overview
7.2.3 Cannabidiol (CBD) Introduction
7.2.4 VIVO Cannabis Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.2.5 VIVO Cannabis Inc. Recent Development
7.3 Gaia Herbs Hemp
7.3.1 Gaia Herbs Hemp Company Details
7.3.2 Description and Business Overview
7.3.3 Cannabidiol (CBD) Introduction
7.3.4 Gaia Herbs Hemp Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.3.5 Gaia Herbs Hemp Recent Development
7.4 Phoena Holdings Inc.
7.4.1 Phoena Holdings Inc. Company Details
7.4.2 Description and Business Overview
7.4.3 Cannabidiol (CBD) Introduction
7.4.4 Phoena Holdings Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.4.5 Phoena Holdings Inc. Recent Development
7.5 Medical Marijuana, Inc.
7.5.1 Medical Marijuana, Inc. Company Details
7.5.2 Description and Business Overview
7.5.3 Cannabidiol (CBD) Introduction
7.5.4 Medical Marijuana, Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.5.5 Medical Marijuana, Inc. Recent Development
7.6 The Cronos Group
7.6.1 The Cronos Group Company Details
7.6.2 Description and Business Overview
7.6.3 Cannabidiol (CBD) Introduction
7.6.4 The Cronos Group Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.6.5 The Cronos Group Recent Development
7.7 CHARLOTTE’S WEB
7.7.1 CHARLOTTE’S WEB Company Details
7.7.2 Description and Business Overview
7.7.3 Cannabidiol (CBD) Introduction
7.7.4 CHARLOTTE’S WEB Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.7.5 CHARLOTTE’S WEB Recent Development
7.8 HEXO Corp.
7.8.1 HEXO Corp. Company Details
7.8.2 Description and Business Overview
7.8.3 Cannabidiol (CBD) Introduction
7.8.4 HEXO Corp. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.8.5 HEXO Corp. Recent Development
7.9 Aurora Cannabis
7.9.1 Aurora Cannabis Company Details
7.9.2 Description and Business Overview
7.9.3 Cannabidiol (CBD) Introduction
7.9.4 Aurora Cannabis Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.9.5 Aurora Cannabis Recent Development
7.10 Canopy Growth Corporation
7.10.1 Canopy Growth Corporation Company Details
7.10.2 Description and Business Overview
7.10.3 Cannabidiol (CBD) Introduction
7.10.4 Canopy Growth Corporation Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.10.5 Canopy Growth Corporation Recent Development
7.11 Jazz Pharmaceuticals, Inc.
7.11.1 Jazz Pharmaceuticals, Inc. Company Details
7.11.2 Description and Business Overview
7.11.3 Cannabidiol (CBD) Introduction
7.11.4 Jazz Pharmaceuticals, Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.11.5 Jazz Pharmaceuticals, Inc. Recent Development
7.12 Tilray
7.12.1 Tilray Company Details
7.12.2 Description and Business Overview
7.12.3 Cannabidiol (CBD) Introduction
7.12.4 Tilray Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.12.5 Tilray Recent Development
7.13 Curaleaf
7.13.1 Curaleaf Company Details
7.13.2 Description and Business Overview
7.13.3 Cannabidiol (CBD) Introduction
7.13.4 Curaleaf Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.13.5 Curaleaf Recent Development
7.14 KAZMIRA
7.14.1 KAZMIRA Company Details
7.14.2 Description and Business Overview
7.14.3 Cannabidiol (CBD) Introduction
7.14.4 KAZMIRA Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.14.5 KAZMIRA Recent Development
7.15 Freedom Leaf, Inc.
7.15.1 Freedom Leaf, Inc. Company Details
7.15.2 Description and Business Overview
7.15.3 Cannabidiol (CBD) Introduction
7.15.4 Freedom Leaf, Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.15.5 Freedom Leaf, Inc. Recent Development
7.16 Koi CBD
7.16.1 Koi CBD Company Details
7.16.2 Description and Business Overview
7.16.3 Cannabidiol (CBD) Introduction
7.16.4 Koi CBD Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.16.5 Koi CBD Recent Development
7.17 Groff North America Hemplex
7.17.1 Groff North America Hemplex Company Details
7.17.2 Description and Business Overview
7.17.3 Cannabidiol (CBD) Introduction
7.17.4 Groff North America Hemplex Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.17.5 Groff North America Hemplex Recent Development
7.18 Joy Organics
7.18.1 Joy Organics Company Details
7.18.2 Description and Business Overview
7.18.3 Cannabidiol (CBD) Introduction
7.18.4 Joy Organics Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.18.5 Joy Organics Recent Development
7.19 Elixinol Wellness Limited
7.19.1 Elixinol Wellness Limited Company Details
7.19.2 Description and Business Overview
7.19.3 Cannabidiol (CBD) Introduction
7.19.4 Elixinol Wellness Limited Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.19.5 Elixinol Wellness Limited Recent Development
7.20 Isodiol International Inc.
7.20.1 Isodiol International Inc. Company Details
7.20.2 Description and Business Overview
7.20.3 Cannabidiol (CBD) Introduction
7.20.4 Isodiol International Inc. Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.20.5 Isodiol International Inc. Recent Development
7.21 Healthy Food Ingredients, LLC
7.21.1 Healthy Food Ingredients, LLC Company Details
7.21.2 Description and Business Overview
7.21.3 Cannabidiol (CBD) Introduction
7.21.4 Healthy Food Ingredients, LLC Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.21.5 Healthy Food Ingredients, LLC Recent Development
7.22 NuLeaf Naturals, LLC
7.22.1 NuLeaf Naturals, LLC Company Details
7.22.2 Description and Business Overview
7.22.3 Cannabidiol (CBD) Introduction
7.22.4 NuLeaf Naturals, LLC Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.22.5 NuLeaf Naturals, LLC Recent Development
7.23 Diamond CBD
7.23.1 Diamond CBD Company Details
7.23.2 Description and Business Overview
7.23.3 Cannabidiol (CBD) Introduction
7.23.4 Diamond CBD Cannabidiol (CBD) Revenue, Sales, and Gross Margin (2018-2023)
7.23.5 Diamond CBD Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Cannabidiol (CBD) Value Chain Analysis
8.2 Cannabidiol (CBD) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Cannabidiol (CBD) Production Mode & Process
8.4 Cannabidiol (CBD) Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
Research Methodology:
Cannabidiol (CBD) Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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