Global CBD Hemp Oil Market Expected to Exceed USD 18.37 Billion by...

0 Comments

Culture

Global CBD Hemp Oil Market Expected to Exceed USD 18.37 Billion by 2031, Fueled by Wellness Trends and Regulatory Growth

2025-07-04 08:26:27 • Views

[Denver, 4 July 2025] – Clearview Market Insights (CVMI) projects that the global CBD hemp oil market will increase from USD 7.68 billion in 2024 to USD 18.37 billion by 2031, growing at a CAGR of 13.2%. Rising demand for plant-based wellness products, increasing mainstream acceptance of CBD, and regulatory relaxation worldwide are driving this growth.

CBD is no longer niche—it’s a global wellness movement. From anxiety relief to sleep support, consumers are embracing CBD hemp oil in various formats,” said Dr. Emily Voss, wellness and nutraceuticals analyst at CVMI.

Request Sample @ https://clearviewmarketinsights.com/report-details/global-cbd-hemp-oil-market/

Key Market Highlights

2024 Market Size: USD 7.68 billion
2031 Forecast: USD 18.37 billion
CAGR: 13.2% (2024–2031)

Growth Catalysts

Legalization Momentum: Hemp CBD increasingly permitted in North America, EU, and parts of Asia
Consumer Adoption: Tinctures, topicals, and edibles gain traction
Product Innovation: Nano-CBD, water-soluble formulations, and enhanced bioavailability

Segment Insights

Top product: tinctures lead with nearly 32% of sales.
Fastest-growing format: edibles, especially gummies and beverages
Regional Leaders: North America leads with rapid growth in Europe and APAC

Competitive Landscape (2024)

Charlotte's Web – 8%: Leading brand in CBD wellness
CV Sciences – 6%: Strong retail and e-commerce footprint
Medterra – 5%: Trusted for CBD isolates and THC-free products
Others – 81%: Highly fragmented with local and international players

Outlook to 2031

The CBD hemp oil market will shift toward pharmaceutical-grade products, wellness-focused formulations, and sustainable manufacturing. International trade liberalization and unified regulations will open up substantial growth opportunities.

For more insights, visit https://clearviewmarketinsights.com/

About Clearview Market Insights:

Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

Media contact:

Bhavani K

Marketing and Sales Head

ClearView Market Insights

Mail: sales@clearviewmarketinsights.com

Phone: +1 917-993-7369

Please log in to like, share and comment!

Global CBD Hemp Oil Market Expected to Exceed USD 18.37 Billion by 2031, Fueled by Wellness Trends and Regulatory Growth

Portable Air Humidifiers Market Growth Analysis: Size, Share, and Industry Trends

Bedding Protector Mattress Protector Market will reach at a CAGR of 6.04% from 2024 to 2033

Holographic Imaging Market Size, Share, Industry Insights 2030

Join

Language

Global CBD Hemp Oil Market Expected to Exceed USD 18.37 Billion by 2031, Fueled by Wellness Trends and Regulatory Growth

Portable Air Humidifiers Market Growth Analysis: Size, Share, and Industry Trends

Bedding Protector Mattress Protector Market will reach at a CAGR of 6.04% from 2024 to 2033

Holographic Imaging Market Size, Share, Industry Insights 2030