United Kingdom Cannabidiol Market Size, Share, and COVID-19 Impact Analysis, By Source Type (Hemp and Marijuana), By Sales Type (B2B and B2C), and UK Cannabidiol Market Insights, Industry Trend, Forecasts to 2035

United Kingdom Cannabidiol Market Forecasts to 2035

• The United Kingdom Cannabidiol Market Size Was Estimated at USD 62.94 Million in 2024
• The UK Cannabidiol Market Size is Expected to Grow at a CAGR of around 23.64% from 2025 to 2035
• The UK Cannabidiol Market Size is Expected to Reach USD 649.8 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the UK Cannabidiol Market Size is Anticipated to Reach USD 649.8 Million by 2035, Growing at a CAGR of 23.64% from 2025 to 2035. The market is expanding due to continuous product legalization in the country, growing health and wellness trends, the launch of a broad product line, significant development in e-commerce, and more consumer education.

Market Overview

The UK cannabidiol market refers to the non-psychoactive cannabis compound, which is used to manage seizures, neuropathic pain, anxiety, and inflammation. Sourced from hemp or cannabis plants, its therapeutic benefits have boosted its popularity in the UK consumer and healthcare markets. The UK cannabidiol market is rapidly growing due to increased consumer interest in health benefits and the rise of diverse product offerings, including edibles, topicals, beverages, and pet care items. The expansion of e-commerce has broadened market reach, boosting sales and accessibility. Legalization and regulatory frameworks have legitimized the market, ensuring product quality, safety, and transparency, which builds consumer trust. The regulatory framework facilitates lab-tested offerings by manufacturers and encourages an ongoing reduction in stigma, which should drive the public's level of acceptance. The cultural shift toward natural, holistic health solutions continues to push public demand for cannabidiol as an alternative to managing anxiety, inflammation, and sleep concerns. The competition is increasingly becoming competitive, with companies launching targeted products geared towards specific needs. The range of available products is endless and is contributing to less choice paralysis for consumers, and allows for more constant consumer interaction with cannabidiol. The frequency of product innovation, as well as increasing consumption, indicates a positive outlook for growth in the UK cannabidiol market.

Report Coverage

This research report categorizes the market for the UK cannabidiol market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom cannabidiol market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom cannabidiol market.

Driving Factors

The growing awareness among consumers about the medicinal benefits of cannabidiol for inflammation, anxiety, and sleep disorders is fuelling the UK cannabidiol market. Strict regulations and legalisation ensure product safety and quality, increasing consumer confidence. The variety of products and different ways to use cannabidiol appeal to various tastes, while e-commerce enhances market access and opportunity. A shift in society toward natural, holistic health alternatives also drives demand, stimulates innovation, and invites new businesses, all supporting market expansion.

Restraining Factors

The cannabidiol industry is facing increasing challenges due to complex laws in multiple regions, particularly concerning food and medicinal categories, unapproved items, misinformation, varying levels of consumer awareness, and the cost of products. These challenges constrain innovation, accessibility, and trust, ultimately constraining the overall level of growth in the cannabidiol industry. These factors hamper the cannabidiol market during the forecast period.

Market Segmentation

The United Kingdom cannabidiol market share is classified into source type and sales type

• The hemp segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom cannabidiol market is segmented by source type into hemp and marijuana. Among these, the hemp segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Increased demand from the pharmaceutical sector and growing consumer knowledge of health benefits, this area is expected to grow at the fastest rate. Additionally, the demand for cannabidiol in the pharmaceutical sector is expected to grow due to the legalization of medical cannabis, which is forecast to increase consumer disposable income. The items that demand for CBD are highest include oils, tinctures, concentrates, capsules, topical products like salves, lip balms, lotions, and edibles, like coffee, chocolate, gum, candies, and baked products.

• The B2B segment held the highest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom cannabidiol market is segmented by sales type into B2B and B2C. Among these, the B2B segment held the highest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Rising demand for CBD oil as a raw material and the increasing number of wholesalers entering the market. The emerging consumer markets, due to the legalization of CBD products in some countries, have also increased the potential supply.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom cannabidiol market and a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• British Cannabis
• Puresport
• Love CBD
• Endoca
• PhytoVista Laboratories Ltd
• Releaf
• CBD Queen
• Elixinol
• Isodiol International Inc
• Canopy Growth Corporation
• Aurora Cannabis
• Others

Recent Development

• In August 2024, Skip claims to have introduced the UK's first CBD-compliant drink. It has up to eight times the therapeutic potency of regular CBD isolation. Each 250 mL of this drink contains 5mg of cold-pressed active CBD.

Key Target Audience

• Investors
• Market players
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom cannabidiol market based on the below-mentioned segments:

United Kingdom Cannabidiol Market, By Source Type

• Hemp
• Marijuana

United Kingdom Cannabidiol Market, By Sales Type

• B2B
• B2C