What are the key figures for the CBD market?

The CBD market is booming and it doesn't seem to be stopping. We can all see that CBD-based products are constantly conquering new strongholds with specialty shops popping up all over our cities and cannabidiol-based products even finding their way into supermarkets.

We will see here what the figures are concerning the CBD market in order to give a clear idea of ​​the evolution of this sector currently and what it could become in the future.

How much does the CBD market currently weigh?

The first figure we are going to discuss is certainly one of the most telling to express the volume of this market and the enthusiasm triggered by cannabidiol.

In 2021, the CBD market is estimated at around 3 billion dollars in turnover worldwide, this figure should be taken with relativism given that it is complicated to assess this new market precisely.

In addition, some studies estimate the market growth rate at around 20 to 50% per year for the years to come, which represents a considerable financial windfall in the next few years.

In addition, the European market would represent 12% of this turnover and North America nearly 40% of the volume of trade.

Indeed, the progressive policy in this region of the world in terms of cannabis and the presence of populations fond of natural well-being products seem to allow the development of this market with greater ease than in other countries.

How many people use CBD in France?

In France, the CBD market would represent 100 million euros and would enjoy comfortable annual growth.

In addition, some studies report that 1 in 10 French people have already consumed CBD, which represents nearly 7 million people.

This market could prove to be even more prosperous if the legal framework were clearer, which would allow investors to rush into it without worrying about the prosperity of their investment.

In addition, the number of shops specializing in CBD in France would amount to more than 3,000, i.e. twice the number of McDonald's restaurants present in the territory. This statistic is enough to make your head spin when you know the serious presence of the American giant on French territory.

What forecast for 2025?

Given the already impressive figures for this market and the growth forecast for it, we can wonder about its future, which seems in any case well assured.

The CBD market figures for 2025 are estimated at 15 billion dollars in turnover worldwide.

For comparison, this represents about 5% of French GDP and 75% of McDonald's turnover worldwide.

Conclusion

To conclude, we can see that the cannabidiol market is already very large and that this industry has been able to impose itself against the largest groups already established for many years in a very short time.

In addition, the turnover of this sector should only grow in the coming years when we see the growth of this market which does not seem to want to stop in the passing months and years.