South Africa Hemp Source CBD Market Size & Outlook, 2025-2033
South Africa Hemp Source CBD Market Insights
- Deep Market Insights analysis indicates that the South Africa Hemp Source CBD Market size, valued at USD 26.1 Million in 2024, is expected to expand to USD 72.62 Million by 2033.
- The South Africa market is forecasted to expand at a CAGR of 12.17% spanning 2025–2033.
- Hemp-derived CBD Distillate held the leading position among Type segments in 2024, based on market size.
- Hemp-derived CBD Terpenes 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
- South Africa contributed 1.04% to the global Hemp Source CBD Market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for Hemp Source CBD Market.
- In Middle East and Africa, United Arab Emirates is projected to capture the leading share of market size by 2033.
- Among Middle East and Africa markets, Saudi Arabia is expected to post the fastest growth, reaching USD 127.22 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 26.1 Million |
| Market Size In 2033 | USD 72.62 Million |
| Largest segment | Hemp-derived CBD Distillate |
| Units | Revenue in USD Million |
| CAGR | 12.17% (2025-2033) |
| Segmnetation Covered | |
| Type |
|
| Application |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa 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 | 14.16 | 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.
South Africa 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 | 12.12 | 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.