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Global CBD Market Projected to Reach $19.3 Billion by 2027

CBD sales in the Americas predicted to hit $8.7 billion by 2027.




A worker at Swiss Hempcare inspects cannabidiol (CBD) hemp plants in Bienne, Switzerland in 2018. PHOTO FELIX BRONNIMANN CC BY-SA 4.0

The $9 billion global CBD market is projected to reach $19.3 billion by 2027, according to a new report from The estimate is based on a CAGR of 15.69% during the 5-year forecast period.

Research and Markets’ report on the global CBD health market. PHOTO RESEARCHANDMARKETS

The report, tracking trends in potential markets for strategic decision-making, breaks down sales both geographically and by distribution channel.

Additionally, it identifies sales across the following CBD sub-markets: Medical OTC products, analgesic products, dermatology products, CBD mental health products, sleep aids, nutraceuticals, sports Nutrition, CBD vitamins and dietary supplements, weight management and well-being CBD products.

Highlights from the report:

  • According to the “CBD Consumer Health Market Intelligence Report,” CBD sales in the Americas were estimated at $3.6 billion in 2021. They are expected to reach $4.1 billion by the end of 2022 and pull in an estimated $8.5 billion annually by 2027.
  • The Asia-Pacific CBD consumer market was estimated at $1.6 billion in 2021 and is expected to reach $1.9 billion in 2022. Based on the projected CAGR of 16.59%, the Asian-Pacific market is expected to be valued at $4 billion by 2027.
  • CBD sales in Europe, Middle East and Africa earned an estimated $2.8 billion in 2021. This year, the market is expected to be worth $3.2 billion, according to, and reach a project $6.8 billion in sales by 2027.

For more information about this report visit




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