New Zealand Cbd Oil & Cbd Consumer Health Market Size & Outlook
- Cannabis
- Cannabidiol & Cannabinoids
- CBD Oil & CBD Consumer Health Market Outlook
- Cannabidiol & Cannabinoids
New Zealand Cbd Oil Cbd Consumer Health Market, 2018-2030 (US$M)
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New Zealand cbd oil & cbd consumer health market highlights
- The New Zealand cbd oil & cbd consumer health market generated a revenue of USD 19.3 million in 2024 and is expected to reach USD 179.6 million by 2030.
- The New Zealand market is expected to grow at a CAGR of 45.3% from 2025 to 2030.
- In terms of segment, cbd infused skincare products was the largest revenue generating product in 2024.
- CBD Infused Beauty Products is the most lucrative product segment registering the fastest growth during the forecast period.
Cbd oil & cbd consumer health market data book summary
| Market revenue in 2024 | USD 19.3 million |
| Market revenue in 2030 | USD 179.6 million |
| Growth rate | 45.3% (CAGR from 2025 to 2030) |
| Largest segment | Cbd infused skincare products |
| Fastest growing segment | CBD Infused Beauty Products |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CBD Infused Skincare Products, CBD Infused Beauty Products, CBD Infused Haircare Products |
Other key industry trends
- In terms of revenue, New Zealand accounted for 0.5% of the global cbd oil & cbd consumer health market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cbd oil & cbd consumer health market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 571.8 million by 2030.
The use of medical cannabis has been legalized in New Zealand since December 2018, when the government passed a law to make medical cannabis available to the large patient population suffering from chronic pain.
The law also allows manufacturers to produce medicinal cannabis products for local and international markets. Hence, the medical cannabis market in the country is expected to witness significant growth. However, the sale and use of cannabis for its recreational use is illegal.
New entrants, and consumers are looking forward towards the referendum in the 2020 general election, where the citizens will be able to vote for cannabis legalization. This is expected to legalize marijuana for recreational purposes in the country in 2020.
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Publish Date: Apr 03, 2025
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CBD Oil & CBD Consumer Health Market Scope
CBD Oil CBD Consumer Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aurora Cannabis Inc | View profile | 1,130 | 3498 63 Avenue, Leduc, AB, Canada, T9E 0G8 | www.auroramj.com |
| Charlottes Web Holdings Inc Ordinary Shares | View profile | 164 | 700 Tech Court, Louisville, CO, United States, 80027 | www.charlottesweb.com |
| Medical Marijuana Inc | View profile | 85 | 2384 La Mirada Drive, Vista, CA, United States, 92081 | www.medicalmarijuanainc.com |
| Joy Organics | View profile | 11-50 | Fort Collins, Colorado, United States, North America | joyorganics.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 |
| NuLeaf Naturals | View profile | 51-100 | Denver, Colorado, United States, North America | nuleafnaturals.com/ |
| Canopy Growth Corporation | View profile | - | - | - |
| Kazmira | View profile | 101-250 | Watkins, Colorado, United States, North America | www.kazmira-llc.com |
New Zealand CBD Oil & CBD Consumer Health 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 CBD Oil & CBD Consumer Health Market Outlook will help companies and investors design strategic landscapes.
Cbd Infused Skincare Products was the largest segment with a revenue share of 56.48% in 2024.
Horizon Databook has segmented the New Zealand cbd oil & cbd consumer health market based on cbd infused skincare products, cbd infused beauty products, cbd infused haircare products covering the revenue growth of each sub-segment from 2018 to 2030.
The use of medical cannabis has been legalized in New Zealand since December 2018, when the government passed a law to make medical cannabis available to the large patient population suffering from chronic pain.
The law also allows manufacturers to produce medicinal cannabis products for local and international markets. Hence, the medical cannabis market in the country is expected to witness significant growth. However, the sale and use of cannabis for its recreational use is illegal.
New entrants, and consumers are looking forward towards the referendum in the 2020 general election, where the citizens will be able to vote for cannabis legalization. This is expected to legalize marijuana for recreational purposes in the country in 2020.
- New Zealand Cbd Oil & Cbd Consumer Health Market Product Outlook (Revenue, USD Million , 2018-2030)
- CBD Infused Skincare Products
- CBD Infused Beauty Products
- CBD Infused Haircare Products
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Horizon Databook provides a detailed overview of country-level data and insights on the New Zealand CBD Oil & CBD Consumer Health Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into New Zealand CBD Oil & CBD Consumer Health Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
New Zealand Cbd Oil Cbd Consumer Health Market, 2018-2030 (US$M)
New Zealand Product - Cbd Oil & Cbd Consumer Health Market Statistics, 2024 - 2030 (US$M)
