Cannabidiol Market Forecast 2024–2030: Key Players, Trends & Outlook

Cannabidiol Market report by MarkNtel Advisors, a leading market research company, provides an in-depth analysis of the market’s size, share, and growth prospects."

Jul 16, 2025 - 13:24
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Cannabidiol Market Forecast 2024–2030: Key Players, Trends & Outlook

Cannabidiol Market Poised for Robust Growth, Forecasted to Expand at 19.21% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in the The Global Cannabidiol (CBD) Market size was valued at around USD 22.7 billion in 2023 and is projected to grow at a CAGR of around 19.21% during the forecast period, i.e., 2024-30.

Report Coverage

This report offers a comprehensive analysis of the Cannabidiol Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

  • Base Year: 2023
  • Forecast Years: 2024-30
  • Historical Years: 2019-22

Cannabidiol Market Overview

The growing inclination of consumers toward natural and plant-based products is a primary factor propelling the growth of the Global Cannabidiol (CBD) Market. This trend is indicative of a larger movement in consumer behavior toward sustainable, healthier lifestyle options as well as a rising knowledge of the possible advantages of compounds derived from plants for well-being and health.

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Cannabidiol Market Segmentation Outlook

The Cannabidiol is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Application

  • Medicinal Use
  • Beauty & Personal Care
  • Pets
  • Recreational

By Product Type

  • Edibles
  • Flower
  • Oil & Tinctures
  • Pills & Capsules
  • Topicals
  • Others (Vape, Spray, etc.)

By Distribution Channel

  • Regulated Dispensary
  • Stand-Alone Retailers
  • Department/Super Stores
  • Online Portals

By Region

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Rest of the World

Cannabidiol Market D/C/T/o

Increasing Consumer Preference for Natural & Plant-Based Products – The need for natural and plant-based goods is growing, which is one of the main factors propelling the Global CBD Market. Growing health and wellness consciousness has led to a noticeable shift in customer preferences toward products that are thought to be natural, organic, and minimally processed. Since CBD is regarded as a natural botanical extract, it fits in nicely with this trend.

Click here to access the full Cannabidiol Market report and take advantage of our special pricing offer-   https://www.marknteladvisors.com/research-library/cannabidiol-cbd-market-analysis.html

Top Cannabidiol Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Aurora Cannabis Inc, CV Sciences, Endoca, CBD American Shaman, Bluebird Botanicals, Isodiol International, Medical Marijuana Inc, Elixinol, Hemp Inc, Canopy Growth Corporation, OthersOthers as key players shaping the market landscape.

Cannabidiol Market News

  • In January 2023: Medical Marijuana, Inc. declared that its subsidiary, HempMeds Brasil, had introduced two new full-spectrum products in Brazil. The doses come in 30 mL and 60 mL jars and range from 3,000 to 6,000 mg.
  • In January 2022: Elixinol announced the release of two cutting-edge CBD products with a focus on providing support for sleep: the Sleep Rapid Rest Liposome and Sleep Gummies.

 

Key Questions Answered in the Report

  • What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
  • How the industry has been evolving, and which segments would dominate the market during the forecast period?
  • What are the key opportunity areas that companies foresee in the coming years 2030?
  • Who are the key players in the market, and what are their competitive strengths?
  • What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

Need tailored data? We offer customized forecasts by region, product segmentation, and competitive intelligence upon request — now with an exclusive special pricing offer – Customized Link

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