Global Cannabidiol Market Size & Outlook, 2024-2030

The global cannabidiol market size was estimated at USD 9,138.8 million in 2024 and is projected to reach USD 22,052.3 million by 2030, growing at a CAGR of 15.8% from 2025 to 2030.
Revenue, 2024 (US$M)
$9,138.8
Forecast, 2030 (US$M)
$22,052.3
CAGR, 2025 - 2030
15.8%
Report Coverage
Worldwide

Global cannabidiol market, 2018-2030 (US$M)

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Global cannabidiol market highlights

  • The global cannabidiol market generated a revenue of USD 9,138.8 million in 2024 and is expected to reach USD 22,052.3 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 15.8% by 2030.
  • In terms of segment, hemp accounted for a revenue of USD 5,190.2 million in 2024.
  • Hemp is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 9,138.8 million
Market revenue in 2030USD 22,052.3 million
Growth rate15.8% (CAGR from 2025 to 2030)
Largest segmentHemp
Fastest growing segmentHemp
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHemp, Marijuana

Other key industry trends

  • In terms of revenue, the North America accounted for 86.7% of the global cannabidiol market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Australia is the fastest growing regional market and is projected to reach USD 247.6 million by 2030.

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Cannabidiol Market Companies

Name Profile # Employees HQ Website
PharmaHemp View profile 51-100 Ljubljana, Ljubljana Urban Commune, Slovenia, Europe https://b2b.pharma-hemp.com
NuLeaf Naturals View profile 51-100 Denver, Colorado, United States, North America https://nuleafnaturals.com/
Folium Biosciences View profile 101-250 Colorado Springs, Colorado, United States, North America https://foliumbiosciences.com/
Endoca View profile 1-10 Hoofddorp, Noord-Holland, The Netherlands, Europe https://www.endoca.com/pl
Isodiol International Inc View profile 197 200 Granville Street, Suite 2710, Vancouver, BC, Canada, V6C 1S4 https://www.isodiol.com
Elixinol Wellness Ltd Ordinary Shares View profile - 680 George Street, Level 12, Sydney, NSW, Australia, 2000 https://www.elixinolwellness.com
Medical Marijuana Inc View profile 85 2384 La Mirada Drive, Vista, CA, United States, 92081 https://www.medicalmarijuanainc.com
The Cronos Group View profile 1001-5000 Kontich, Antwerpen, Belgium, Europe https://cronos-groep.be/
Canopy Growth Corp View profile 1621 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8 https://www.canopygrowth.com

Global cannabidiol market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cannabidiol market will help companies and investors design strategic landscapes.


Hemp was the largest segment with a revenue share of 56.79% in 2024. Horizon Databook has segmented the Global cannabidiol market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Cannabidiol Product Outlook (Revenue, USD Million, 2018-2030)
    • Hemp
    • Marijuana
  • Global Cannabidiol Sale Type Outlook (Revenue, USD Million, 2018-2030)
    • B2C
      • Medical
        • Others
        • Chronic Pain
        • Mental Disorders
        • Cancer
      • Personal Use
    • B2B
      • Pharmaceuticals
      • wellness
        • Food & Beverages
        • Personal Care & Cosmetics
        • Nutraceuticals
        • Others

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  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global cannabidiol market databook

  • Our clientele includes a mix of cannabidiol market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global cannabidiol market , including forecasts for subscribers. This global databook contains high-level insights into Global cannabidiol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global cannabidiol market size, by regions, 2018-2030 (US$M)

Top 10 countries: Cannabidiol market size, 2024 (US$M)

Global cannabidiol market share, by sale type, 2024 & 2030 (%, US$M)

Cannabidiol market: Opportunity assessment by country

Global cannabidiol market, by region, 2024 (US$M)

Global cannabidiol market size, by regions, 2018-2030 (US$M)

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