UK CBD Market Share Analysis, Consumer Adoption Growth and Market Outlook 2025-2033

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The UK CBD Market reached a size of USD 893.75 Million in 2024 and is projected to grow to USD 2,399.90 Million by 2033

Market Overview
The UK CBD Market reached a size of USD 893.75 Million in 2024 and is projected to grow to USD 2,399.90 Million by 2033. The market is expected to grow at a CAGR of 11.60% between 2025 and 2033. Growth is driven by product legalization, growing health and wellness trends, expanding product varieties, e-commerce growth, and increased consumer awareness.

Study Assumption Years
• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Period: 2025-2033

UK CBD Market Key Takeaways
• The UK CBD market size stood at USD 893.75 Million in 2024.
• The market is expected to grow at a CAGR of 11.60% during 2025-2033.
• The forecast period for market growth is from 2025 to 2033.
• Legalization of CBD products has established quality and safety standards, encouraging manufacturers to adhere to strict guidelines and fostering consumer trust.
• Health and wellness trends are driving demand as CBD is increasingly used to manage anxiety, inflammation, and sleep issues.
• There is a diverse product range including oils, tinctures, gummies, beverages, skincare, and pet care products, catering to different consumer preferences.
• The market benefits from significant growth in e-commerce channels and greater consumer education.

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Market Growth Factors

Legalization and Regulation

The legalization of cannabidiol (CBD) products is a major factor in the expansion of the UK CBD market. Regulatory frameworks not only legalize the market but also set safety and quality standards, which attract manufacturers to follow strict guidelines. This is done to create consumer trust as a result of transparency in product sourcing, formulation, and testing. More and more consumers prefer purchasing products that are tested by the lab and thus safe and effective. The Food Standards Agency of the UK announced in December 2024 that it is planning a public consultation over eight weeks to take place in early 2025. This then heralds the first regulated CBD products likely by Spring or Summer 2025 after safety assessments of three applications. This move is aimed at ensuring consumer safety and regaining trust in the industry.

 

Health and Wellness Trends

The health and wellness movement has a great impact on the demand for CBD in the UK. People pay for CBD products because of the attractive claims that the compound will alleviate anxiety, reduce inflammation, and improve sleep. The drivers of this change are the culture shift towards natural remedies and preventive healthcare, where people find alternatives to pharmaceuticals. The number of customers also increases as more consumers get on board with CBD consumption which is consistent with these wellness trends. Besides that, the availability of online information such as personal experiences and scientific research educates users about the potential benefits which in turn increases the attractiveness of CBD. To be precise, two NHS clinical trials have

Market Segmentation

Source Insights
• Hemp-Based: Market analysis includes hemp-based CBD products known for regulatory acceptance.
• Marijuana-Based: Includes CBD derived from marijuana, analyzed separately.

Form Insights
• Processed Oil: CBD in processed oil form as commonly used in various products.
• Distillates: Concentrated CBD distillates included in product formulations.
• Isolates: Pure CBD isolates form a distinct product category.

Grade Insights
• Food Grade: CBD products suitable for food applications.
• Therapeutic Grade: CBD intended for therapeutic or medicinal purposes.

Application Insights
• Food and Beverages: Products for ingestion including edibles and drinks.
• Cosmetics and Personal Care: Topical products containing CBD.
• Pharmaceuticals: Medicinal and therapeutic CBD applications.

Distribution Channel Insights
• Offline: Traditional brick-and-mortar retail channels.
• Online: E-commerce platforms selling CBD products.

Regional Insights
The report analyzes major regional markets including London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and others. Detailed regional statistics such as market share or CAGR are not explicitly provided; however, these regions represent the primary UK markets for CBD products.

Recent Developments & News
In August 2024, Skip launched the UK’s first CBD-compliant drink featuring up to eight times the strength of standard CBD isolate, with each 250 ml containing 5 mg of cold-pressed active CBD. In October 2023, Holland & Barrett updated its UK-based CBD Trip product to comply with the newest Food Standards Agency regulations that lowered the daily recommended CBD consumption from 70 mg to 10 mg.

Key Players
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.

Customization Note
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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