North America Hemp Source CBD Market Size & Outlook, 2025-2033
North America Hemp Source CBD Market Insights
- Deep Market Insights analysis indicates that the North America Hemp Source CBD Market size, which was USD 806.5 Million in 2024, is projected to attain USD 2244.4 Million by 2033.
- The market is expected to register a CAGR of 12.13% over the period 2025–2033.
- In 2024, Hemp-derived CBD Distillate emerged as the dominant Type based on market size.
- Hemp-derived CBD Terpenes is projected to register the fastest growth, positioning it as the most attractive Type segment over the forecast horizon.
![North America Hemp Source CBD Market Size, Share & Growth Report By [2033]](https://deepmarketinsights.com/uploads/charts/hemp-source-cbd-market-north-america--1325.png)
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- North America held 32.26% share of the global Hemp Source CBD Market size in 2024.
- United States is expected to remain the largest contributor to the global market size by 2033.
- By 2033, Canada is anticipated to record the highest growth in North America, with the market size expected to reach USD 677.95 Million.
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 806.5 Million |
| Market Size In 2033 | USD 2244.4 Million |
| Largest segment | Hemp-derived CBD Distillate |
| Units | Revenue in USD Million |
| CAGR | 12.13% (2025-2033) |
| Segmnetation Covered | |
| North America |
|
| Type |
|
| Application |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
North America Hemp Source CBD Market Country 2025-2033 (USD Million)
| North America | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | XX.x | XX.x | XX.x | 565.92 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Canada | 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.
North America 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 | 363.49 | 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.
North America 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 | 393.41 | 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.