China Cannabidiol Market Size & Outlook, 2024-2030
- Cannabis
- Cannabidiol & Cannabinoids
- Cannabidiol Market Outlook
- Cannabidiol & Cannabinoids
Global Market
Related Markets
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China cannabidiol market highlights
- The China cannabidiol market generated a revenue of USD 256.2 million in 2024 and is expected to reach USD 688.9 million by 2030.
- The China market is expected to grow at a CAGR of 17.9% from 2025 to 2030.
- In terms of segment, hemp was the largest revenue generating product in 2024.
- Hemp is the most lucrative product segment registering the fastest growth during the forecast period.
Cannabidiol market data book summary
| Market revenue in 2024 | USD 256.2 million |
| Market revenue in 2030 | USD 688.9 million |
| Growth rate | 17.9% (CAGR from 2025 to 2030) |
| Largest segment | Hemp |
| Fastest growing segment | Hemp |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemp, Marijuana |
| Key market players worldwide | Medical Marijuana Inc, Canopy Growth Corp, Elixinol Wellness Ltd Ordinary Shares, The Cronos Group, Isodiol International Inc, Endoca, Folium Biosciences, NuLeaf Naturals, PharmaHemp |
Other key industry trends
- In terms of revenue, China accounted for 2.8% of the global cannabidiol market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cannabidiol market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 247.6 million by 2030.
Marijuana is illegal in China, but cultivation and production of hemp has been an established Marijuana is illegal in China, but the cultivation and production of hemp have been an established business for centuries. China is the largest hemp cultivator in Asia and cultivates nearly half of the world’s hemp production.
China is also considered to be a superpower in hemp production as it approximately owns 300 world hemp patents out of 660 and provides half of the world’s hemp products. Moreover, the country is looking to produce CBD from hemp. China is currently allowing the sale of hemp oil and the use of CBD in cosmetics.
They are provided by only four Chinese companies that hold special licenses to grow and process hemp for CBD. But as the market is booming, the number of cultivators and producers is expected to increase, which is likely to create a demand for CBD extracts such as oil, edibles, & tinctures. Moreover, growing awareness about CBD-based products and their application is expected to fuel market growth.
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Cannabidiol Market Scope
Cannabidiol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Canopy Growth Corp | View profile | 1,621 | 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8 | www.canopygrowth.com |
| The Cronos Group | View profile | 1001-5000 | Kontich, Antwerpen, Belgium, Europe | cronos-groep.be/ |
| Medical Marijuana Inc | View profile | 85 | 2384 La Mirada Drive, Vista, CA, United States, 92081 | www.medicalmarijuanainc.com |
| Elixinol Wellness Ltd Ordinary Shares | View profile | - | 680 George Street, Level 12, Sydney, NSW, Australia, 2000 | www.elixinolwellness.com |
| Isodiol International Inc | View profile | 197 | 200 Granville Street, Suite 2710, Vancouver, BC, Canada, V6C 1S4 | www.isodiol.com |
| Endoca | View profile | 1-10 | Hoofddorp, Noord-Holland, The Netherlands, Europe | www.endoca.com/pl |
| Folium Biosciences | View profile | 101-250 | Colorado Springs, Colorado, United States, North America | foliumbiosciences.com/ |
| NuLeaf Naturals | View profile | 51-100 | Denver, Colorado, United States, North America | nuleafnaturals.com/ |
| PharmaHemp | View profile | 51-100 | Ljubljana, Ljubljana Urban Commune, Slovenia, Europe | b2b.pharma-hemp.com |
China 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 Outlook will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 67.14% in 2024.
Horizon Databook has segmented the China cannabidiol market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.
Marijuana is illegal in China, but cultivation and production of hemp has been an established Marijuana is illegal in China, but the cultivation and production of hemp have been an established business for centuries. China is the largest hemp cultivator in Asia and cultivates nearly half of the world’s hemp production.
China is also considered to be a superpower in hemp production as it approximately owns 300 world hemp patents out of 660 and provides half of the world’s hemp products. Moreover, the country is looking to produce CBD from hemp. China is currently allowing the sale of hemp oil and the use of CBD in cosmetics.
They are provided by only four Chinese companies that hold special licenses to grow and process hemp for CBD. But as the market is booming, the number of cultivators and producers is expected to increase, which is likely to create a demand for CBD extracts such as oil, edibles, & tinctures. Moreover, growing awareness about CBD-based products and their application is expected to fuel market growth.
- China Cannabidiol Market Product Outlook (Revenue, USD Million , 2018-2030)
- Hemp
- Marijuana
- China Cannabidiol Market Sale Type Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
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Horizon Databook provides a detailed overview of country-level data and insights on the China Cannabidiol Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Cannabidiol Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Cannabidiol Market, 2018-2030 (US$M)
China cannabidiol market statistics, by product, 2018-2030 (US$M)
