Hemp Derived Cannabidiol Market By Product Type (Oils and Tinctures, Edibles {Gummies, Chocolates, Beverages}, Capsules and Softgels, Topicals {Creams, Balms, Lotions}, Vape Products, Pet Products), By Application (Medical Use {Pain Management, Neurological Disorders, Anxiety and Depression, Sleep Disorders, Others}, Wellness and Personal Care {Skincare, General Wellness, Fitness Recovery}, Recreational Use), By Source (Full-Spectrum CBD, Broad-Spectrum CBD, CBD Isolate), By End-User (Pharmaceutical Industry, Personal Care and Cosmetics Industry, Food and Beverage Industry, Pet Care Industry), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Industry Outlook

The Hemp Derived Cannabidiol market accounted for USD 10.6 Billion in 2024 and is expected to reach USD 58.5 Billion by 2035, growing at a CAGR of around 16.8% between 2025 and 2035. The Hemp Derived cannabidiol market products are the business domain that involves the manufacture, distribution, and retail of CBD products isolated from the hemp plant.

CBD is a chemical that does not produce psychoactive effects; it is well-documented for its ability to help with pain, anxiety, inflammation, etc. The market includes diverse products, including oils, tinctures, edibles, creams, and supplements. It has recorded high growth in recent years because of the rising demand for natural health products and the legalization of Hemp Derived CBD worldwide. The market is also growing due to people’s need for wellness products and increasing studies on CBD's medical possibilities.

Report Scope:

Market Dynamics

Increasing Awareness of Cannabidiol’s Potential Therapeutic Benefits in Wellness Products

The Hemp Derived cannabidiol market is being heavily driven by the growing awareness of how the chemical can relieve symptoms and possibly have curative capabilities, particularly in the field of wellness. As scientific studies and popular customer awareness expand, individuals begin to pay attention to cannabidiol's health benefits, which include pain relief, anxiety reduction, improved sleep, and mental health support.

Such benefits have made people develop an interest in buying CBD-enriched products for their wellness, such as oils, creams, capsules, and edibles. Also, with the improvement in the number of positive findings in research, the public perception of CBD has changed, which makes it another option for traditional pharmaceuticals. This increased consciousness has driven CBD into being incorporated into numerous routines, including skincare and stress regulation.

Expansion of Legalization of Hemp Derived Cannabidiol across Multiple Regions

The Hemp Derived cannabidiol market is opening up more areas all over the world for the legal sale of CBD products. Most countries and states have legalized the growth of industrial hemp and the production and sale of CBD products, including oils and tinctures. This has been driven more by increasing demand for the products by customers due to the perceived medical value of CBD for use, for instance, in managing pain, anxiety, and sleep issues.

The legalization of hemp for both medical and recreational uses has made the market expand, which in turn has increased product differentiation within the CBD market. Also, a growing number of government subsidies and funding for various agricultural programs concerning the production of hemp have significantly improved the legal landscape for the market. With the legalization process pushing forward all across the globe, there are expectations for the growth of CBD extracted from hemp.

Lack of Standardized Testing and Quality Control in the Cannabidiol Industry

There are no standardized requirements among the various agencies, and most CBD products on the market vary in intensity, with some containing either low- or high-quality ingredients. This creates customer doubt and concerns about the safety and efficacy of the products they consume, which are often dietary supplements. Full-spectrum CBD products may contain endogenous components that are harmful to consumers, contaminants, or forged labels, all of which undermine customer trust and market growth.

As a result, product quality control becomes a concern since, without precise testing techniques, it is difficult to prove the brand's authenticity, which is a major issue for long-term corporate reputation. Besides, the role of the certificate remains ambiguous and ill-defined in various areas of the world, making it difficult for manufacturers to meet different regional standards.

Emerging Research on Cannabidiol Medical Applications Opens New Market Segments

The Hemp Derived cannabidiol market is expanding owing to growing studies into CBD’s medicinal properties. As scientific research into the benefits of CBD for treating health conditions such as chronic pain, epilepsy, anxiety, and inflammation continues, new commercial prospects emerge. CBD is a promising product for pharmacology and medicinal products, as this study expands our understanding of its therapeutic properties.

The constantly accumulating data regarding its effectiveness is likely to contribute to the evolving acceptance of CBD within the sphere of healthcare and will extend to the development of new drugs and targeted therapies. As more data accumulates, the Hemp Derived CBD market segment expands and has greater growth potential, primarily in the medical and therapeutic fields.

Development of Innovative cannabidiol Products to Meet Diverse Consumer Preferences

The emerging new products in the cannabinoid industry are a master key to growth in the Hemp Derived cannabidiol market as it diversifies consumer needs. As the advantages of CBD become more widely recognized, customers demand novel, simple, and customizable ways to take CBD. This results in the development of a wide range of novel products, including foods, topicals, beverages, and pet products. The creation of formulations, such as broad-spectrum, full-spectrum, and isolate CBD, allows customers to focus on the benefits they require, particularly health-conscious consumers with difficulties that need treatment or relaxation.

Evaluating business performance based on sales increases the specifics of product differentiation due to identified tendencies and trends, including flavored oils, capsules, and gummies. There is always growing customer sophistication, meaning that there will always be room for organizations that can come up with new and distinct products. This sentiment is also a reward for the emergence of ways to distribute the substance, including transdermal patches or CBD beauty products.

Industry Experts Opinion

“Korean society has a strong prejudice against cannabis, which is difficult to break. The local consumers need a lot of education on the efficacy of CBD and its benefits for the skin. I would say the opportunity for growth is in skincare, and that is linked to well-being- not just physically but also in terms of the sleep improvement and calming effect."

• Mike Sohn, CEO of regulatory consultancy REACH24H Korea.

Segment Analysis

Based on product type, the Hemp Derived cannabidiol market is divided into oil tinctures, edibles, and capsules, topical and pet products. Compared to the rest of the types of CBD products, oils and tinctures remain in high demand due to their versatility and practicality. CO₂-THC extraction items, including gummies and beverages, are gaining popularity as alternatives to traditional vaping and smoking methods. This is especially true for topical goods like creams and lotions, which are considered in high demand due to their specific skin and pain relief connotations. It concentrates on various CB1 and CB2 receptor locations to fulfill the demands and preferences of varied consumers while broadening the applicability of CBD products.

Based on application, the Hemp Derived cannabidiol market is divided into personal care, food and beverages, medications, and wellness items. It is believed that the pharmaceutical segment will have the highest growth in the future due to the constant use of CBD as medicine for such illnesses as chronic pain, anxiety, and epilepsy. The aromatic substances, also known as the wellness segment, made with dietary supplements, oils, and others, are also on the rise due to increased consumer awareness of CBD health benefits. Moreover, there is observed an increase in the personal care segment with products containing CBD bits for skincare and cosmetic solutions for their anti-inflammatory functions. The food and beverage sector is also slowly grabbing people’s attention by adding CBD to gummies, drinks, and snacks.

Regional Analysis

The North American Hemp Derived cannabidiol market is leading. The United States has seen enormous growth because of the passage of the 2018 Farm Bill, which approved the consumption and sale of Hemp Derived CBDs. This has increased the availability of cannabidiol products and market awareness across the region. The market is supported by increased awareness of the beneficial effects of cannabidiol and its use in a variety of health-related products and more acceptability in the wellness sector. North America brings about a highly developed industry, laboratories, and consumer acceptance, making it the leading region in the Hemp Derived CBD market.

The Asia-Pacific Hemp Derived cannabidiol market is the fastest-growing. The region is growing significantly because of the increase in the number of consumers demanding natural health products and CBD benefits. Asia bases such as China, Japan, and South Korea, customers are gradually developing an interest in CBD products that are relevant in wellness, skincare, and pain relief categories. Most of the APAC nations are legalizing hemp production and CBD processing due to advancing rules and regulations. It is for this reason that it is believed that the Asia-Pacific market for CBD will grow significantly as more products are legal at present and consumers become more informed.

Competitive Landscape

The competitive landscape of the Hemp Derived cannabidiol (CBD) market is highly fragmented, with many players from new to traditional wellness brands. Market leaders are Charlotte’s Web Holdings, Medterra, and Green Roads because of brand awareness, numerous products, and distribution systems. To emerge as players and stay ahead effectively, these players invest actively in product development, quality issues, as well as the compliance of products with regulatory measures.

Other multinational marijuana companies, including Canopy Growth and Aurora, are expanding into hemp-based CBD products, posing an increasing challenge. The market is expanding, and many organizations are focusing on innovation in existing products and services, research, and mergers to expand into new markets. Further, internal industry conditions and external factors such as regulatory development and customer preferences will have a significant impact on industry competition.

Hemp Derived Cannabidiol Market, Company Shares Analysis, 2024

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Recent Developments:

• In January 2023, Medical Marijuana, Inc. announced that HempMeds Brasil, its subsidiary, had launched 2 new full-spectrum products in Brazil. The concentrations range from 3,000-6,000 mg and are available in 30 mL and 60 mL jars.
• In October 2022, Medical Marijuana, Inc. announced the collaboration of its subsidiary, HempMeds Mexico, with the Autonomous University of Barcelona, Spain, and the Meritorious Autonomous University of Puebla, Mexico to conduct a study demonstrating the benefits of CBD in treating Parkinson’s disease.

Report Coverage:

By Product Type

• Oils and Tinctures
• Edibles
  • Gummies
  • Chocolates
  • Beverages
• Capsules and Softgels
• Topicals
  • Creams
  • Balms
  • Lotions
• Vape Products
• Pet Products

By Application

• Medical Use
  • Pain Management
  • Neurological Disorders
  • Anxiety and Depression
  • Sleep Disorders
  • Others
• Wellness and Personal Care
  • Skincare
  • General Wellness
  • Fitness Recovery
• Recreational Use

By Source

• Full-Spectrum CBD
• Broad-Spectrum CBD
• CBD Isolate

By End-User

• Pharmaceutical Industry
• Personal Care and Cosmetics Industry
• Food and Beverage Industry
• Pet Care Industry

By Region

North America

• The U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of the Middle East & Africa

List of Companies:

• Charlotte's Web Holdings, Inc.
• Medterra CBD
• Green Roads
• CV Sciences, Inc.
• HempFusion Wellness, Inc.
• NuLeaf Naturals
• Elixinol Global Limited
• Aurora Cannabis Inc.
• Canopy Growth Corporation
• GW Pharmaceuticals
• CBDistillery
• Flower One Holdings Inc.
• PlusCBD Oil
• Endoca
• PureKana
• Joy Organics
• Lazarus Naturals
• Veritas Farms

Frequently Asked Questions (FAQs)