UK CBD Market

UK CBD Market Overview:

The UK CBD market size reached USD 893.75 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,399.90 Million by 2033, exhibiting a growth rate (CAGR) of 11.60% during 2025-2033. The market is growing due to the ongoing product legalization in the country, emerging health and wellness trends, introduction of diverse product range, significant growth in e-commerce, and increasing consumer education.

UK CBD Market Trends:

Legalization and Regulation

The legalization of cannabidiol (CBD) products is playing a pivotal role in the UK CBD market growth. This regulatory framework not only legitimized the market but also established standards for product quality and safety. Consequently, manufacturers are encouraged to adhere to strict guidelines which fosters consumer trust. Shoppers are increasingly seeking transparency regarding product sourcing formulation and testing. The establishment of regulations has led to a surge in compliant businesses offering lab-tested products that reassure customers about their safety and efficacy. Furthermore, the UK’s involvement in broader discussions around cannabis policy reform has led to greater public interest in CBD shifting perceptions and reducing stigma associated with hemp-derived products. For instance, in December 2024, the UK's Food Standards Agency (FSA) announced its plans to launch an eight-week public consultation in early 2025 potentially paving the way for the first authorized CBD products by Spring/Summer 2025. This comes after positive safety assessments for three applications, aiming to enhance consumer safety and rebuild industry trust.

Health and Wellness Trends

The growing focus on health and wellness has significantly influenced the demand for CBD products in the UK. As consumers increasingly prioritize holistic health solutions CBD has emerged as a popular alternative for managing various ailments. Many individuals are turning to CBD for its purported benefits, such as alleviating anxiety, reducing inflammation and aiding sleep. This trend is largely fueled by a cultural shift towards natural remedies and preventive healthcare with many people seeking alternatives to traditional pharmaceuticals. UK CBD market share is expanding as the growing focus on health and wellness drives consumer demand for CBD products with increasing adoption for managing anxiety, inflammation and sleep aligning with the shift towards natural remedies and preventive healthcare. Furthermore, the proliferation of information online including anecdotal evidence and scientific studies has educated consumers about the potential benefits of CBD enhancing its appeal. In line with this, two NHS clinical trials will begin in 2025 to assess the safety and effectiveness of cannabidiol (CBD) and tetrahydrocannabinol (THC) in treating treatment-resistant epilepsy in adults and children. Co-led by UCL and GOSH, the studies will involve 500 participants and aim to evaluate seizure reduction and quality of life impacts.

Diverse Product Range

The extensive variety of CBD products available in the UK market is a key driver of its growth. This diversity caters to a wide spectrum of consumer preferences and lifestyles, making CBD accessible to different demographic segments. From traditional oils and tinctures to innovative offerings such as gummies, beverages, skincare products, and even pet care items, the range ensures that there is something for everyone. This broad product assortment is crucial in attracting consumers who may be hesitant about using CBD in its raw form, allowing them to incorporate it into their daily routines in more familiar and enjoyable ways. Additionally, manufacturers are continually innovating, creating unique formulations and blends that target specific needs, such as sleep aids or stress relief, which in turn creates a positive UK CBD market outlook.

UK CBD Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on source, form, grade, application and distribution channel.

Source Insights:

• Hemp-Based
• Marijuana-Based 

The report has provided a detailed breakup and analysis of the market based on the source. This includes hemp-based and marijuana-based.

Form Insights:

• Processed Oil
• Distillates
• Isolates

A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes processed oil, distillates and isolates.

Grade Insights:

• Food Grade
• Therapeutic Grade

The report has provided a detailed breakup and analysis of the market based on the grade. This includes food grade and therapeutic grade.

Application Insights:

• Food and Beverages
• Cosmetics and Personal Care
• Pharmaceuticals

A detailed breakup and analysis of the market based on the applications have also been provided in the report. This includes food and beverages, cosmetics and personal care and pharmaceuticals.

Distribution Channel Insights:

• Offline
• Online

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes offline and online.

Regional Insights:

• London
• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

UK CBD Market News:

• In August 2024, Skip launched what it claims to be the UK’s first CBD-compliant drink. It features up to eight times the beneficial strength of standard CBD isolate. Each 250 ml of this drink contains 5mg of cold-pressed active CBD.
• In October 2023, Holland & Barrett declared that it has replenished its UK-based CBD Trip in accordance with the most recent Food Standards Agency (FSA) regulations. The FSA in the UK reduced the amount of CBD that is advised to be consumed each day from 70 mg to 10 mg.

UK CBD Market Report Coverage:

Key Questions Answered in This Report:

• How has the UK CBD market performed so far and how will it perform in the coming years?
• What is the breakup of the UK CBD market on the basis of source?
• What is the breakup of the UK CBD market on the basis of form?
• What is the breakup of the UK CBD market on the basis of grade?
• What is the breakup of the UK CBD market on the basis of application?
• What is the breakup of the UK CBD market on the basis of distribution channel?
• What is the breakup of the UK CBD market on the basis of region?
• What are the various stages in the value chain of the UK CBD market? 
• What are the key driving factors and challenges in the UK CBD market?
• What is the structure of the UK CBD market and who are the key players?
• What is the degree of competition in the UK CBD market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UK CBD market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the UK CBD market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UK CBD industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.