Home > Healthcare > Pharmaceuticals > Active Pharmaceutical Ingredients > Cannabidiol (CBD) Market

Cannabidiol (CBD) Market Share

Report ID: GMI4541
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Cannabidiol Market Share

Major market players operating in the global cannabidiol industry include Aurora Cannabis, Canopy Growth Corporation, Cronos Group, CV Sciences, Inc., Medterra and Tilray among few other players. These industry players are noted to adopt organic and inorganic strategies such as merger, acquisition, new product launch, etc. to capture high revenue share in the market. These strategies will enhance their market presence and as well as gain competitive advantage in the market.

CBD Market Companies

Prominent players operating in the cannabidiol industry include:

Aurora Cannabis
Charlotte's Web
Canopy Growth Corporation
CV Sciences, Inc.
Endoca
Elixinol
Folium Biosciencesilray
Gaia Herbs, LLC,
GW Pharmaceuticals
Isodiol International Inc
KOI CBD
Medical Marijuana, Inc.
Medterra
NuLeaf Naturals, LLC,
Tterrapharma
Tilray
Vapen CBD

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global cannabidiol market was valued at USD 22.8 billion in 2023 and is anticipated to witness growth at 17.9% CAGR during 2024-2032, driven by increasing consumer awareness and acceptance of CBD products for their potential health benefits.

The hemp-derived cannabidiol industry accounted for USD 16.2 billion in 2023 and will expand rapidly through 2032, owing to its legal status in many regions.

North America CBD market size was valued at USD 13.6 billion in 2023 and is anticipated to reach USD 63.6 billion by 2032, due to the widespread legalization of cannabis across several states in the U.S. and Canada.

Aurora Cannabis, Charlottes Web, Canopy Growth Corporation, CV Sciences, Inc, Endoca, Elixinol, Folium Biosciencesilray, Gaia Herbs, LLC, GW Pharmaceuticals, and Isodiol International Inc among others.