The Global CBD Oil Market Size accounted for USD 5.24 Billion in 2024 and is estimated to achieve a market size of USD 18.34 Billion by 2033 growing at a CAGR of 15.1% from 2025 to 2033.
The cannabidiol (CBD) oil market has witnessed substantial growth in recent years, driven by increasing consumer awareness about the potential therapeutic benefits of CBD and the rising demand for natural and holistic alternatives to traditional pharmaceutical treatments. CBD, a non-psychoactive compound derived from the cannabis plant, has garnered significant attention due to its wide range of reported health benefits, including its potential to alleviate anxiety, chronic pain, inflammation, sleep disorders, and other health conditions. Unlike tetrahydrocannabinol (THC), another major compound in cannabis, CBD does not induce a high, making it an attractive option for consumers seeking relief from various ailments without the psychoactive effects.
The global CBD oil market is a rapidly expanding sector, supported by growing interest in wellness products, increasing legalization of cannabis in various regions, and an evolving understanding of the therapeutic applications of cannabinoids. CBD oil is available in various forms, including tinctures, capsules, creams, and edibles, catering to a broad range of consumer preferences and needs. The market is largely driven by increasing consumer demand for natural health products, as well as expanding research into the medicinal properties of CBD. The acceptance of CBD as a potential treatment option by consumers and healthcare providers alike is fueling its adoption in mainstream wellness routines, with many individuals seeking CBD-based products for pain management, stress reduction, and overall wellness enhancement.
CBD Oil Market Segmentation
The worldwide market for CBD oil is split based on source, product type, application, distribution channel, and geography.
CBD Oil Market By Source
Marijuana Derived CBD Oil
Hemp Derived CBD Oil
CBD Oil Market By Product Type
Full-spectrum CBD oil
Broad-spectrum CBD oil
CBD isolate
CBD Oil Market By Application
Pharmaceuticals
Personal care and Cosmetics
Food and Beverages
Wellness
CBD Oil Market By Distribution Channel
Online Retail
Pharmacies & Drug Stores
Specialty Stores
Supermarkets & Hypermarkets
CBD Oil Market Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Rest of Europe
Asia-Pacific
India
Japan
China
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of LATAM
The Middle East & Africa
South Africa
GCC Countries
Rest of the Middle East & Africa (ME&A)
CBD Oil Market Players
Some of the top CBD oil companies offered in our report includes Evora Worldwide, Aurora Cannabis Inc, Bluebird Botanicals, Hempstrol, BIOTA Biosciences LLC, Medical Mary, LLC, Neurogan, Charlotte’s Web, Elixinol, Endoca, Green Roads, Health Horizons, and Medterra CBD.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook