| Product Code: ETC13142114 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Medical Cannabis Based Oil Extract-Infused Products Market was valued at USD 3.5 Billion in 2024 and is expected to reach USD 5.5 Billion by 2031, growing at a compound annual growth rate of 6.70% during the forecast period (2025-2031).
The Global Medical Cannabis Based Oil Extract-Infused Products Market is experiencing significant growth due to increasing legalization of medical cannabis, rising awareness about its therapeutic benefits, and a shift towards natural remedies. These products, including oils, edibles, topicals, and capsules infused with cannabis extracts, are being increasingly used for managing various medical conditions such as chronic pain, epilepsy, and anxiety. North America is currently the largest market, driven by the widespread legalization of medical cannabis in various states and countries. However, Europe and Asia-Pacific regions are also witnessing a surge in demand for these products. Key players in the market are focusing on product innovation, strategic partnerships, and expanding their distribution networks to capitalize on the growing demand for medical cannabis-infused products worldwide.
The Global Medical Cannabis Based Oil Extract-Infused Products Market is experiencing rapid growth driven by increasing legalization of medical cannabis and growing consumer awareness of its potential health benefits. Key trends include the development of innovative product formulations such as oils, tinctures, capsules, and topicals to cater to diverse consumer preferences. The market is witnessing a surge in research and development activities to expand product offerings and explore new therapeutic applications of cannabis-based extracts. Opportunities lie in expanding market penetration through online retail channels and strategic partnerships with healthcare providers to enhance product accessibility and acceptance. With evolving regulations and shifting consumer attitudes towards alternative medicine, the medical cannabis oil extract-infused products market is poised for further expansion in the coming years.
The Global Medical Cannabis Based Oil Extract-Infused Products Market faces challenges primarily due to the complex and evolving regulatory landscape surrounding cannabis and CBD products. Legal restrictions and varying regulations across different regions create barriers to market entry and hinder the expansion of product offerings. Additionally, there is a lack of standardized testing and labeling requirements, leading to consumer confusion and safety concerns regarding product quality and potency. Supply chain issues, including sourcing high-quality cannabis extracts and ensuring consistent product quality, also pose challenges for manufacturers. Furthermore, the stigma associated with cannabis products in some markets remains a hurdle in gaining wider acceptance and adoption among consumers and healthcare professionals, impacting market growth potential.
The Global Medical Cannabis Based Oil Extract-Infused Products Market is primarily driven by increasing legalization of cannabis for medical purposes in various countries, growing acceptance of cannabis-based products for managing chronic diseases and pain relief, and rising consumer awareness about the potential health benefits of these products. Additionally, the expanding research and development initiatives to explore the therapeutic properties of medical cannabis oil extracts and the rising demand for natural and organic products are also fueling the market growth. Moreover, the shift towards alternative medicine and increasing investments by key players in the medical cannabis industry are further contributing to the expansion of the market for cannabis-based oil extract-infused products.
Government policies related to the Global Medical Cannabis Based Oil Extract-Infused Products Market vary widely across countries. Some regions have legalized medical cannabis and its derivatives for therapeutic use, allowing the production and sale of cannabis-based oil extract-infused products under strict regulations. These policies typically involve licensing requirements for producers, quality control standards, restrictions on THC content, and oversight by health authorities. Other countries may have more restrictive laws, prohibiting the use of cannabis products entirely or only allowing limited access for medical purposes. The regulatory landscape is evolving rapidly, with some regions moving towards more liberal policies to meet growing demand for medical cannabis-based products, while others maintain strict controls due to concerns about potential misuse and public health risks.
The Global Medical Cannabis Based Oil Extract-Infused Products Market is poised for significant growth in the coming years due to increasing legalization of medical cannabis, growing awareness about the health benefits of cannabis-based products, and a shift towards natural remedies. As more countries legalize medical cannabis and consumers seek alternative treatments for various health conditions, the demand for cannabis-infused products is expected to rise. Additionally, ongoing research and development efforts in the medical cannabis industry are likely to lead to innovative product offerings and expanded market opportunities. However, regulatory challenges, quality control issues, and competition from traditional pharmaceuticals may pose some obstacles to market growth. Overall, the Global Medical Cannabis Based Oil Extract-Infused Products Market is projected to experience substantial expansion in the foreseeable future.
In the global medical cannabis-based oil extract-infused products market, Asia is expected to witness significant growth due to increasing acceptance of medical cannabis and ongoing legalization efforts in countries like Thailand and South Korea. North America remains a key market, with the United States leading in product innovation and research. In Europe, countries like Germany and the Netherlands are driving market growth through expanding medical cannabis programs. The Middle East and Africa region is slowly opening up to medical cannabis, with Israel and Lesotho emerging as key players. Latin America, particularly Uruguay and Colombia, stands out as a promising market due to favorable regulations and cultivation capabilities. Overall, the market for medical cannabis-based oil extract-infused products is evolving globally, with each region presenting unique opportunities for growth and development.
Global Medical Cannabis Based Oil Extract-Infused Products Market |
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 Global Medical Cannabis Based Oil Extract-Infused Products Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 & 2031F |
3.3 Global Medical Cannabis Based Oil Extract-Infused Products Market - Industry Life Cycle |
3.4 Global Medical Cannabis Based Oil Extract-Infused Products Market - Porter's Five Forces |
3.5 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.8 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Medical Cannabis Based Oil Extract-Infused Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Medical Cannabis Based Oil Extract-Infused Products Market Trends |
6 Global Medical Cannabis Based Oil Extract-Infused Products Market, 2021 - 2031 |
6.1 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By CBD Oil, 2021 - 2031 |
6.1.3 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Medical OTC Products, 2021 - 2031 |
6.1.4 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Nutraceuticals, 2021 - 2031 |
6.1.5 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.1.6 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.1.7 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Cosmetic Products, 2021 - 2031 |
6.1.8 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Hair Care Products, 2021 - 2031 |
6.1.9 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.2 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Hemp, 2021 - 2031 |
6.2.3 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Marijuana, 2021 - 2031 |
6.3 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By B2B, 2021 - 2031 |
6.3.3 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By B2C, 2021 - 2031 |
6.4 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Medical, 2021 - 2031 |
6.4.3 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Personal Use, 2021 - 2031 |
6.4.4 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.4.5 Global Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Wellness, 2021 - 2031 |
7 North America Medical Cannabis Based Oil Extract-Infused Products Market, Overview & Analysis |
7.1 North America Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 - 2031 |
7.2 North America Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
7.5 North America Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.6 North America Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market, Overview & Analysis |
8.1 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
8.5 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.6 Latin America (LATAM) Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Asia Medical Cannabis Based Oil Extract-Infused Products Market, Overview & Analysis |
9.1 Asia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
9.5 Asia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.6 Asia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Africa Medical Cannabis Based Oil Extract-Infused Products Market, Overview & Analysis |
10.1 Africa Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
10.5 Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.6 Africa Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Europe Medical Cannabis Based Oil Extract-Infused Products Market, Overview & Analysis |
11.1 Europe Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
11.5 Europe Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.6 Europe Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Middle East Medical Cannabis Based Oil Extract-Infused Products Market, Overview & Analysis |
12.1 Middle East Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Source Type, 2021 - 2031 |
12.5 Middle East Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.6 Middle East Medical Cannabis Based Oil Extract-Infused Products Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Global Medical Cannabis Based Oil Extract-Infused Products Market Key Performance Indicators |
14 Global Medical Cannabis Based Oil Extract-Infused Products Market - Export/Import By Countries Assessment |
15 Global Medical Cannabis Based Oil Extract-Infused Products Market - Opportunity Assessment |
15.1 Global Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Source Type, 2021 & 2031F |
15.4 Global Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.5 Global Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By End-use, 2021 & 2031F |
16 Global Medical Cannabis Based Oil Extract-Infused Products Market - Competitive Landscape |
16.1 Global Medical Cannabis Based Oil Extract-Infused Products Market Revenue Share, By Companies, 2024 |
16.2 Global Medical Cannabis Based Oil Extract-Infused Products Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |