PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625461
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625461
The global CBD oil market size is expected to reach USD 26.95 billion by 2034, according to a new study by Polaris Market Research. The report "CBD Oil Market Size, Share, Trends, Industry Analysis Report: By Source (Hemp and Marijuana), Product Type, Product Category, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The CBD oil market growth is attributed to increasing consumer demand for natural wellness solutions, particularly for managing conditions such as anxiety, pain, and sleep disorders. Key drivers include the growing awareness of CBD's therapeutic benefits; the expanding range of product offerings such as tinctures, topicals, and edibles; and favorable regulatory developments in regions such as North America and Europe.
Opportunities exist in diversifying product lines, including CBD-infused beverages, cosmetics, and pet care products, as well as rising focus on sustainable sourcing and eco-friendly packaging. Market trends highlight the rising popularity of broad-spectrum and full-spectrum CBD oils, consumer preference for flavored products, and a focus on transparency through third-party testing.
Based on source, the hemp segment dominates the CBD oil market share, largely due to its legal status in many regions and higher consumer acceptance. However, the marijuana segment is experiencing higher growth, especially in markets where cannabis legalization is expanding.
The original CBD oil segment, by product type, holds a larger market share, driven by consumer preference for pure, unadulterated CBD products. The blended CBD oil segment is reporting a higher growth rate. The blended CBD oil includes formulations mixed with other natural ingredients, which is appealing to consumers seeking customized health benefits.
In terms of product category, the unflavored segment dominates the CBD oil market revenue share. It is favored for its natural and neutral taste, particularly among health-conscious consumers. The flavored CBD oil segment is growing rapidly, especially in the food & beverage industry, as consumers seek more enjoyable, palatable options.
By application, the pharma & nutraceuticals segment leads the market, driven by increasing consumer adoption of CBD for health-related benefits. The personal care & cosmetics segment is growing at a higher rate, fueled by rising consumer interest in CBD-infused skincare products for their anti-inflammatory and antiaging properties.
North America remains the dominant region, supported by favorable regulations and strong consumer demand in the US and Canada. Asia Pacific is experiencing the highest growth, driven by expanding interest in wellness and alternative therapies, particularly in countries such as Australia and Japan.
Polaris Market Research has segmented the CBD oil market report on the basis of source, product type, product category, application, and region:
Table 1 Global CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 2 Global CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 3 Global CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 4 Global CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 5 North America: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 6 North America: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 7 North America: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 8 North America: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 9 U.S.: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 10 U.S.: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 11 U.S.: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 12 U.S.: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 13 Canada: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 14 Canada: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 15 Canada: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 16 Canada: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 17 Europe: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 18 Europe: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 19 Europe: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 20 Europe: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 21 UK: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 22 UK: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 23 UK: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 24 UK: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 25 France: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 26 France: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 27 France: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 28 France: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 29 Germany: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 30 Germany: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 31 Germany: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 32 Germany: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 33 Italy: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 34 Italy: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 35 Italy: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 36 Italy: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 37 Spain: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 38 Spain: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 39 Spain: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 40 Spain: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 41 Netherlands: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 42 Netherlands: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 43 Netherlands: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 44 Netherlands: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 45 Russia: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 46 Russia: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 47 Russia: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 48 Russia: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 49 Rest of Europe: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 50 Rest of Europe: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 51 Rest of Europe: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 52 Rest of Europe: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 53 Asia Pacific: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 54 Asia Pacific: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 55 Asia Pacific: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 56 Asia Pacific: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 57 China: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 58 China: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 59 China: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 60 China: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 61 India: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 62 India: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 63 India: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 64 India: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 65 Malaysia: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 66 Malaysia: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 67 Malaysia: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 68 Malaysia: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 69 Japan: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 70 Japan: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 71 Japan: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 72 Japan: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 73 Indonesia: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 74 Indonesia: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 75 Indonesia: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 76 Indonesia: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 77 South Korea: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 78 South Korea: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 79 South Korea: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 80 South Korea: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 81 Australia: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 82 Australia: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 83 Australia: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 84 Australia: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 85 Rest of Asia Pacific: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 86 Rest of Asia Pacific: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 87 Rest of Asia Pacific: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 88 Rest of Asia Pacific: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 89 Middle East & Africa: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 90 Middle East & Africa: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 91 Middle East & Africa: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 92 Middle East & Africa: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 93 Saudi Arabia: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 94 Saudi Arabia: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 95 Saudi Arabia: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 96 Saudi Arabia: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 97 UAE: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 98 UAE: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 99 UAE: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 100 UAE: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 101 Israel: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 102 Israel: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 103 Israel: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 104 Israel: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 105 South Africa: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 106 South Africa: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 107 South Africa: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 108 South Africa: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 109 Rest of Middle East & Africa: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 110 Rest of Middle East & Africa: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 111 Rest of Middle East & Africa: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 112 Rest of Middle East & Africa: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 113 Latin America: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 114 Latin America: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 115 Latin America: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 116 Latin America: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 117 Mexico: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 118 Mexico: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 119 Mexico: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 120 Mexico: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 121 Brazil: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 122 Brazil: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 123 Brazil: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 124 Brazil: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 125 Argentina: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 126 Argentina: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 127 Argentina: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 128 Argentina: CBD Oil Market, by Application, 2020-2034 (USD Billion)
Table 129 Rest of Latin America: CBD Oil Market, by Source, 2020-2034 (USD Billion)
Table 130 Rest of Latin America: CBD Oil Market, by Product Type, 2020-2034 (USD Billion)
Table 131 Rest of Latin America: CBD Oil Market, by Product Category, 2020-2034 (USD Billion)
Table 132 Rest of Latin America: CBD Oil Market, by Application, 2020-2034 (USD Billion)
List of Figures:
Figure 1. Global CBD Oil Market, 2020-2034 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Source
Figure 7. Global CBD Oil Market, by Source, 2024 & 2034 (USD Billion)
Figure 8. Market by Product Type
Figure 9. Global CBD Oil Market, by Product Type, 2024 & 2034 (USD Billion)
Figure 10. Market by Product Category
Figure 11. Global CBD Oil Market, by Product Category, 2024 & 2034 (USD Billion)
Figure 12. Market by Application
Figure 13. Global CBD Oil Market, by Application, 2024 & 2034 (USD Billion)