South Korea Cbd Oil & Cbd Consumer Health Market Size & Outlook
- Cannabis
- Cannabidiol & Cannabinoids
- CBD Oil & CBD Consumer Health Market Outlook
- Cannabidiol & Cannabinoids
South Korea Cbd Oil Cbd Consumer Health Market, 2018-2030 (US$M)
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South Korea cbd oil & cbd consumer health market highlights
- The South Korea cbd oil & cbd consumer health market generated a revenue of USD 16.6 million in 2024 and is expected to reach USD 172.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 47.5% 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 16.6 million |
| Market revenue in 2030 | USD 172.0 million |
| Growth rate | 47.5% (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, South Korea accounted for 0.4% 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.
South Korea is the first country in East Asia to legalize medical cannabis. It legalized medical cannabis in November 2018 to grant access for cannabis products to the patient population in the country. However, the law came into effect on March 2019, when the government allowed the import of few cannabis drugs - Epidiolex, Marinol, Sativex, & Cesamet—for patients suffering from conditions such as multiple sclerosis, cancer, epilepsy, and HIV/AIDS.
The country is planning to increase the number of listed medical conditions for the use of medical cannabis. The government has yet not taken any decision pertaining to cannabis production and cultivation and is planning to import medicine from foreign countries to suffice the increasing patient demand.
As cannabis drugs would be imported, it is a major opportunity for foreign companies such as Tilray, Aurora Cannabis, Canopy Growth Corporation to establish their trade in the country.
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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 |
South Korea 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 58.43% in 2024.
Horizon Databook has segmented the South Korea 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.
South Korea is the first country in East Asia to legalize medical cannabis. It legalized medical cannabis in November 2018 to grant access for cannabis products to the patient population in the country. However, the law came into effect on March 2019, when the government allowed the import of few cannabis drugs - Epidiolex, Marinol, Sativex, & Cesamet—for patients suffering from conditions such as multiple sclerosis, cancer, epilepsy, and HIV/AIDS.
The country is planning to increase the number of listed medical conditions for the use of medical cannabis. The government has yet not taken any decision pertaining to cannabis production and cultivation and is planning to import medicine from foreign countries to suffice the increasing patient demand.
As cannabis drugs would be imported, it is a major opportunity for foreign companies such as Tilray, Aurora Cannabis, Canopy Growth Corporation to establish their trade in the country.
- South Korea 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 South Korea CBD Oil & CBD Consumer Health Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea CBD Oil & CBD Consumer Health Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Cbd Oil Cbd Consumer Health Market, 2018-2030 (US$M)
South Korea Product - Cbd Oil & Cbd Consumer Health Market Statistics, 2024 - 2030 (US$M)
