| Product Code: ETC6660911 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Canada`s import trend for the hemp CBD market saw a notable upsurge from 2023 to 2024, with a growth rate of 257.14%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 5.74%. This significant increase in imports can be attributed to the growing demand for hemp CBD products in the Canadian market, reflecting a shift in consumer preferences towards natural wellness alternatives.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Hemp CBD Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Hemp CBD Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Hemp CBD Market - Industry Life Cycle |
3.4 Canada Hemp CBD Market - Porter's Five Forces |
3.5 Canada Hemp CBD Market Revenues & Volume Share, By Sale Type, 2022 & 2032F |
3.6 Canada Hemp CBD Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Canada Hemp CBD Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of CBD products in Canada |
4.2.2 Favorable government regulations and policies supporting the hemp CBD industry |
4.2.3 Growing demand for natural and organic products in the Canadian market |
4.3 Market Restraints |
4.3.1 Regulatory uncertainty and evolving legal landscape pertaining to CBD products in Canada |
4.3.2 Limited availability of banking and financial services for hemp CBD businesses |
4.3.3 Competition from other wellness and alternative medicine products |
5 Canada Hemp CBD Market Trends |
6 Canada Hemp CBD Market, By Types |
6.1 Canada Hemp CBD Market, By Sale Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Hemp CBD Market Revenues & Volume, By Sale Type, 2022-2032F |
6.1.3 Canada Hemp CBD Market Revenues & Volume, By B2B, 2022-2032F |
6.1.4 Canada Hemp CBD Market Revenues & Volume, By B2C, 2022-2032F |
6.2 Canada Hemp CBD Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Canada Hemp CBD Market Revenues & Volume, By Medical, 2022-2032F |
6.2.3 Canada Hemp CBD Market Revenues & Volume, By Personal, 2022-2032F |
6.2.4 Canada Hemp CBD Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
6.2.5 Canada Hemp CBD Market Revenues & Volume, By Wellness, 2022-2032F |
7 Canada Hemp CBD Market Import-Export Trade Statistics |
7.1 Canada Hemp CBD Market Export to Major Countries |
7.2 Canada Hemp CBD Market Imports from Major Countries |
8 Canada Hemp CBD Market Key Performance Indicators |
8.1 Number of new product launches in the hemp CBD market |
8.2 Consumer sentiment and perception towards CBD products in Canada |
8.3 Growth in the number of licensed hemp CBD producers and retailers in Canada |
9 Canada Hemp CBD Market - Opportunity Assessment |
9.1 Canada Hemp CBD Market Opportunity Assessment, By Sale Type, 2022 & 2032F |
9.2 Canada Hemp CBD Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Canada Hemp CBD Market - Competitive Landscape |
10.1 Canada Hemp CBD Market Revenue Share, By Companies, 2025 |
10.2 Canada Hemp CBD Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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