Canada Hemp Source CBD Market Size & Outlook, 2026-2034

Last Updated : 08 June, 2026 | Study Period : 2022-2034 | Format : PDF, Excel | Author : Anna Morgan

Canada Hemp Source CBD Market Insights

  • As per Deep Market Insights insights, the Canada Hemp Source CBD Market stood at USD 212.06 Million in 2025 and is anticipated to grow to USD 605.93 Million by 2034.
  • The Canada market is expected to advance at a CAGR of 12.3% from 2026 through 2034.
  • In 2025, Hemp-derived CBD Distillate accounted for the highest share of the Type market size.
  • During the forecast period, Hemp-derived CBD Distillate is set to register the highest growth, making it the most lucrative Type segment.

Other Key Findings


  • In 2025, Canada accounted for 7.26% of the global Hemp Source CBD Market size.
  • By 2034, United States is expected to lead the global Hemp Source CBD Market in terms of market size.
  • Within North America, United States is projected to dominate the regional Hemp Source CBD Market size by 2034.
  • Canada is identified as the fastest-growing market in North America, anticipated to reach USD 602.42 Million by 2034.

Report Summary

Report Scope Details
Base Year for Study 2025
Study Period 2022-2034
Historical Period 2022-2024
Forecast Period 2026-2034
Market Size In 2025 USD 212.06 Million
Market Size In 2034 USD 605.93 Million
Largest segment Hemp-derived CBD Distillate
Units Revenue in USD Million
CAGR 12.3% (2026-2034)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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