How Big Is the CBD Market | Industry Trends & Forecast 2025

Code: MTA4752 Publication Date: Jul 2025

How big is the CBD Market?

According to 6Wresearch internal database and industry insights, the Global CBD (Cannabidiol) Market was valued at approximately USD 8.1 billion in 2024 and is projected to reach USD 22.6 billion by 2031, growing at a CAGR of 15.6% during the forecast period.

This growth is driven by expanding legalization of hemp-derived products, increasing consumer awareness of CBD’s wellness benefits, and rising demand across food, cosmetics, and healthcare sectors.

Key Growth Drivers of the CBD Market

  • Widespread adoption of CBD-infused supplements, topicals, and edibles
  • Legalization of medical and recreational cannabis in various countries
  • Growing awareness of natural wellness solutions for anxiety, sleep, and pain
  • Product innovation across cosmetics, pet care, and functional beverages
  • Rising investment from pharma and FMCG companies in CBD research and branding

CBD Market Trends

CBD market is shifting toward full-spectrum and broad-spectrum extracts to offer enhanced therapeutic effects. The demand for clean-label, vegan, and THC-free products is growing across skincare, beverages, and wellness segments. Personalized CBD formulations based on DNA and biometrics are gaining popularity. Online retail and D2C channels are key in driving visibility and accessibility, while regulatory transparency continues to shape consumer trust and brand competition.

Emerging Developments in the CBD Market

Upcoming trends are nano emulsion and liposomal CBD delivery to enhance the bioavailability of the molecule in drinks and topical skincare. Customization machines based on AI would be implemented into wellness platforms. The pharma companies are conducting research on the effectiveness of CBD to treat neurological, and autoimmune conditions, which are being put under clinical trials. Product authentication and source tracking are being done by means of the application of blockchain. Firms are also paying attention to environmentally sound growth and carbon-neutral generation of CBD with the aim of supporting the ecologically aware consumer.

Major Companies in the CBD Market

  • Charlotte’s Web Holdings
  • Canopy Growth Corporation
  • CV Sciences
  • Elixinol Wellness
  • Medterra CBD
  • Aurora Cannabis
  • Endoca
  • Green Roads
  • Sunday Scaries
  • Joy Organics
How Big Is the CBD Market : FAQ's
The CBD market was valued at USD 8.1 billion in 2024 and is projected to reach USD 22.6 billion by 2031 at a CAGR of 15.6%.
CBD oils, gummies, skincare, beverages, and pain relief creams dominate sales.
Natural wellness trends, legalization, and new therapeutic applications.
Regulatory uncertainty, quality control issues, and inconsistent product labeling.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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