Middle East & Africa Cannabidiol Market Size & Outlook
The cannabidiol market in Middle East & Africa is expected to reach a projected revenue of US$ 514.4 million by 2030. A compound annual growth rate of 23.2% is expected of Middle East & Africa cannabidiol market from 2025 to 2030.
- Cannabis
- Cannabidiol & Cannabinoids
- Cannabidiol Market Outlook
- Cannabidiol & Cannabinoids
Revenue, 2024 (US$M)
$147.2
Forecast, 2030 (US$M)
$514.4
CAGR, 2025 - 2030
23.2%
Report Coverage
Middle East & Africa
Global Market
Related Markets
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MEA cannabidiol market highlights
- The MEA cannabidiol market generated a revenue of USD 147.2 million in 2024.
- The market is expected to grow at a CAGR of 23.2% 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.
- Country-wise, Israel is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 147.2 million |
| Market revenue in 2030 | USD 514.4 million |
| Growth rate | 23.2% (CAGR from 2025 to 2030) |
| Largest segment | Hemp |
| Fastest growing segment | Hemp |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, MEA region accounted for 1.6% of the global cannabidiol market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,759.6 million by 2030.
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Cannabidiol Market Scope
Cannabidiol Market segmentation & 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 |
Middle East & Africa 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 83.15% in 2024.
Horizon Databook has segmented the Middle East & Africa cannabidiol market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Cannabidiol Market Product Outlook (Revenue, USD Million , 2018-2030)
- Hemp
- Marijuana
- Middle East & Africa Cannabidiol Market Sale Type Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Cannabidiol Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Cannabidiol Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Cannabidiol Market, 2018-2030 (US$M)
MEA cannabidiol market statistics, by product, 2018-2030 (US$M)
