Canada Hemp Source CBD Market Size & Outlook, 2025-2033
Canada Hemp Source CBD Market Insights
- Deep Market Insights analysis indicates that the Canada Hemp Source CBD Market size, valued at USD 240.57 Million in 2024, is expected to expand to USD 682.31 Million by 2033.
- The Canada market is forecasted to expand at a CAGR of 12.2% spanning 2025–2033.
- Hemp-derived CBD Distillate held the leading position among Type segments in 2024, based on market size.
- Hemp-derived CBD Isolate is projected to post the fastest growth rate, sustaining its position as the most attractive Type segment during the forecast horizon.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Canada represented 9.62% of the overall global Hemp Source CBD Market size.
- United States is projected to lead the global Hemp Source CBD Market size by 2033.
- Across North America, United States is anticipated to hold the dominant position in market size by 2033.
- Canada is forecasted to expand at the fastest pace in North America, attaining USD 677.95 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 240.57 Million |
| Market Size In 2033 | USD 682.31 Million |
| Largest segment | Hemp-derived CBD Distillate |
| Units | Revenue in USD Million |
| CAGR | 12.2% (2025-2033) |
| Segmnetation Covered | |
| Type |
|
| Application |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Hemp Source CBD Market Type 2025-2033 (USD Million)
| Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hemp-derived CBD Distillate | XX.x | XX.x | XX.x | 120.6 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Hemp-derived CBD Isolate | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Hemp-derived CBD Terpenes | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Canada Hemp Source CBD Market Application 2025-2033 (USD Million)
| Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Personal Care and Cosmetics | XX.x | XX.x | XX.x | 103.06 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Food and Beverages | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Nutraceuticals | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Others | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.