CBD Statistics By Regions, Market Growth, Applications, Demographic, Gender And Side Effects

Introduction

CBD Statistics: CBD has become a global product, with its popularity growing quickly. What started as a small alternative to traditional medicine is now a mainstream trend. Today, CBD isn’t just found in oils, capsules, and tinctures. You can find CBD in many different products all over the world, such as CBD makeup, bath bombs, toothpaste, sheets, and even dog treats.

There are many different opinions about whether CBD is a miracle medicine or just another health fad. To help answer this, looking at CBD Statistics can give us a better idea of what’s true. We’ve done a survey and created a reliable study to help you understand the possible health benefits of CBD.

Editor’s Choice

• CBD sales are predicted to reach €3.47 billion by 2024. This chart shows the forecasted sales of CBD in Europe from 2022 to 2026.
• CBD Statistics stated that almost 33% of adults in the U.S. have used CBD at least once.
• 64% of Americans know about CBD and CBD products.
• About 64 million people in the U.S. have tried CBD in the past 2 years.
• Among those who use CBD, 22% say it helps them replace or add to prescription or over-the-counter medicines.
• The U.S. CBD market was worth just over $4 billion in 2019 and could grow to more than $25 billion by 2025.
• The cannabis- and hemp-based CBD market is expected to grow at a Compound Annual Growth Rate (CAGR) of 49% by 2024.
• 44% of regular CBD users spend between $20 and $80 per month on CBD products, while 13% spend more than $160 each month.

What Exactly Does CBD Do?

CBD’s exact way of working could be clearer, but it’s thought to affect certain receptors in the body called CB1 and CB2. These receptors are part of the endocannabinoid system, which helps control important things like sleep, mood, and appetite. CBD may also interact with other receptors, like serotonin and opioid receptors. This could trigger processes that help lower cholesterol and blood sugar levels.

CBD might also influence PPAR-γ (peroxisome proliferator-activated receptors), which affects the release of calcium inside cells. This calcium release is important for things like muscle movement, hormone production, and cell growth.

General CBD Statistics

• CBD Statistics stated that nearly 68% of Americans want cannabis to be decriminalized and removed from the DEA’s drug schedule.
• 33% of U.S. adults have tried CBD products at least once.
• People aged 18-29 are the biggest group using CBD, with 20% of adults under 30 using it.
• 1 in 5 people over 50 in the U.S. have tried CBD at some point.
• According to a CBD Statistics report, 59% of CBD users are women, while 40% are men.
• 39% of CBD users are married, and 44% have a college degree.
• Almost 44% of CBD users make between $30,000 and $100,000 a year.
• With the rise of the CBD pet market, 74% of CBD consumers own at least one pet.
• By 2025, CBD pet products will make up 3-5% of total CBD oil sales in the U.S.

(Source: statista.com)

• A recent study found that 67% of CBD users use it for anxiety, 52% for joint pain and inflammation, and 60% to help with sleep.
• A study showed that cannabis reduces pain by 30%, while a placebo reduces it by 26%.
• 79% of people in a survey said they use CBD to relieve joint pain.
• The hemp market is expected to grow by 41.5% by 2025.
• FDA-approved CBD has helped reduce seizures by 44% in people who suffer from them.
• CBD Statistics stated that almost 80% of children diagnosed with attention deficit disorder saw fewer behavioral problems after using CBD, with 62% of them noticing improvements after 7 months.
• In states where medical marijuana is legal, opioid use has dropped by more than 20%.
• People with migraines saw a 55% reduction in symptoms after using CBD.
• Within the $10 billion global skincare industry, CBD accounts for 10% of the market.
• By 2024, the CBD food and drink market is expected to reach $5.9 billion.

Different Types Of CBD Products

(Source: singlecare.com)

CBD comes in many forms, allowing you to pick the one that fits your needs best. There are four main ways to use CBD:

#1. Topical and Transdermal

• You can apply CBD products directly to your skin, including:

#1. Balms

#2. Creams

#3. Lotions

#4. Oils

#5. Ointments

#6. Patches

#7. Salves

• According to CBD Statistics, topical CBD can help with localized pain, such as muscle or joint aches, and may also soothe skin problems such as eczema or psoriasis.
• Transdermal CBD, however, absorbs through your skin and enters the bloodstream, offering relief that can affect your whole body, not just the applied area.

#2. Sublingual (Under the Tongue)

• With this method, you place a few drops of CBD oil or tinctures (which are alcohol-based extracts) under your tongue. The small blood vessels in your mouth quickly absorb the CBD, so it works faster than some other methods.

#3. Oral (Capsules and Edibles)

• Oral consumption includes anything you can swallow, such as:

#1. Capsules and chewable tablets

#2. Gummies, chocolates, and other candy

#3. Lozenges and mints

#4. Teas, seltzers, and other drinks

• CBD drinks are usually absorbed faster than edibles, but the effects tend to wear off more quickly. Edibles like gummies may take 1 to 2 hours to work, but their effects can last for several hours.
• According to a 2023 Healthline survey of 1,044 U.S. adults, CBD gummies are the most popular edible form of CBD.

#4. Inhalation (Smoking or Vaping)

• When you smoke or vape CBD, it goes straight into your lungs and enters your bloodstream quickly, making it one of the fastest ways to feel its effects.
• However, smoking or vaping can have serious risks, including lung damage. If you choose this method, be careful.

Regional CBD Statistics

(Source: market.us)

• The global market for CBD products is expected to reach US$6.90 billion by 2024.
• The market is predicted to grow at a Compound Annual Growth Rate (CAGR) of 0.09% from 2024 to 2029, bringing total revenue to US$6.93 billion by 2029.
• The United States is expected to earn the highest revenue, with an estimated US$2.58 billion in 2024.
• Per person, the revenue in the U.S. will be about US$20.94 in 2024.

CBD Statistics -APAC

• Revenue from CBD products in the APAC region is expected to reach US$1.15 billion in 2024.
• However, the market is projected to shrink slightly, with an annual growth rate (CAGR) of -0.89% between 2024 and 2029, which will bring the market down to US$1.10 billion by 2029.
•  According to CBD Statistics, revenue per person is expected to be US$23.77 in 2024.
• In APAC, the demand for CBD products is rising rapidly, fueled by changes in regulations and growing consumer awareness.

CBD Statistics – EMEA (Europe, the Middle East and Africa)

• Revenue from CBD products in the EMEA region (Europe, the Middle East, and Africa) is expected to reach US$2.40 billion in 2024.
• The market is predicted to grow at an annual rate of 0.66% from 2024 to 2029, bringing the total to US$2.48 billion by 2029.
• For revenue per person, US$22.67 is expected to be generated per capita in 2024.

(Source: grandviewresearch.com)

CBD Statistics – LATAM (Latin America)

• The CBD products market in the LATAM (Latin America) region is expected to reach US$0.59 billion by 2024.
• The market is projected to grow at an annual rate of 1.32% from 2024 to 2029, reaching US$0.63 billion by 2029.
• In terms of revenue per person, US$22.74 is expected to be generated for each person in 2024.
• The LATAM market for CBD products is growing quickly, driven by changing laws and more people becoming aware of the benefits of cannabis-based products, as per CBD Statistics.

(Source: market.us)

• The CBD products market in the MENA (Middle East and North Africa) region is expected to reach US$187.90 million by 2024.
• The market is predicted to grow at an annual rate of 2.10% from 2024 to 2029, reaching US$208.50 million by 2029.
• In terms of revenue per person, the MENA region is expected to generate US$26.05 per capita in 2024.

Expected CBD Market Growth by State (2024)

• By 2024, the CBD market of California will reach a 3.3 billion dollar industry.
• Florida and New York will also breach $1.5 billion in CBD sales.
• But the state with the highest growth rate will be Virginia, with an almost 172% increase in CBD sales from $28 million in 2019 to $511 million (2024)

CBD Statistics By Applications

(Source: gminsights.com)

• The chronic pain category was the largest in 2024, and it’s expected to increase at a rate of 16.7% per year from 2024 to 2032.
• CBD products for managing chronic pain have become more popular because they offer potential benefits with fewer side effects than traditional pain medications.
• Products like CBD oils, capsules, and topical creams are increasingly being used as part of overall pain treatment plans.
• Additionally, the fact that CBD comes from a natural source fits with the growing interest in holistic and alternative health options, which is helping boost its use for chronic pain relief.

CBD Demographic Statistics

• CBD Statistics state that 1 out of 10 men and 4 out of 100 women use CBD.
• 1 out of 5 young adults between the ages of 18 and 29 use CBD.

(Reference: crossrivertherapy.com)

• 21% of American men have tried CBD, while only 16% of American women have.
• 10% of men use CBD regularly, while only 4% of women do the same.
• Women tend to use CBD more often for health-related reasons.
• 20% of Americans aged 18 to 29 use CBD, but the usage drops as people get older. However, 40% of people in this age group have tried CBD at least once.
• 16% of Americans aged 30 to 49 use CBD products, and 32% of people in this age group have tried it more than once.
• CBD Statistics stated that almost 11% of people aged 50 to 64 use CBD regularly.
• Only 8% of people aged 65 and older use CBD regularly.
• 23% of people aged 45 to 59 have tried CBD at least once, and 15% of people aged 60 and older have done the same.
• This shows that although more people try CBD, fewer continue to use it regularly.

• The majority of CBD users in the U.S. are White/Caucasian.
• Asian/Asian Americans are the least likely to use CBD, making up only 4% of all CBD users in the U.S.
• CBD Statistics stated that Hispanic/Latino people account for 12% of the total CBD users.
• Black/African American people represent 5% of the total CBD users in the United States.

(Reference: crossrivertherapy.com)

Reason Why People Use CBD

• CBD Statistics stated that nearly 64% of Americans use CBD to help with pain. 49% use it for anxiety and stress, while 42% use it to improve sleep and fight insomnia.
• CBD is becoming a popular choice for people looking for relief from different health problems. Many people turn to it for pain, stress, and sleep issues.

(Reference: crossrivertherapy.com)

The Difference In CBD Use Between Women And Men

(Reference: ambitionsaba.com)

CBD Consumer Spending Statistics

(Reference: media.market.us)

• 23% of people surveyed have never bought CBD products, which means a good number of people still haven’t tried them.
• CBD Statistics stated that around 22% spend less than $20 a month on CBD, suggesting they might just be trying it out or using it occasionally.
• Another 23% spend between $20 and $49 a month, meaning about the same number of people are using CBD more regularly as those spending less.
• Around 16% spend between $50 and $99 each month, which shows that they use CBD more often or buy higher-quality products.
• 8% spend between $100 and $149 a month, indicating they are serious users who likely rely on CBD for specific health or wellness reasons and are willing to spend more on it.

What Side Effects Do CBD Users Witness?

• It can be tough to figure out how common side effects from CBD are, but a 2018 study helped by asking a group of people online about their CBD use, including any side effects they experienced. Here are the results for all users:

#1. Dry mouth: 11.1%

#2. Feeling high (euphoria): 6.4%

#3. Hunger: 6.4%

#4. Other side effects: 2.4%

#5. Red eyes: 2.7%

#6. Sleepiness or grogginess: 1.8%

#7. Overall side effects: 30.8%

• The “overall side effects” figure means the percentage of people who reported having any side effects at all.
• Since dry mouth, hunger, and feeling high (euphoria) are the most common side effects, the 31% rate doesn’t mean that 31% of people have a “bad” experience. It just means they notice something other than the main benefits of CBD.
• Now, let’s look at people using CBD for medical reasons. The side effects for this group are:

#1. Dry mouth: 11.7%

#2. Feeling high (euphoria): 4.0%

#3. Hunger: 5.4%

#4. Other side effects: 3.1%

#5. Red eyes: 2.3%

#6. Sleepiness or grogginess: 2.0%

#7. Overall side effects: 28.5%

• For people using CBD for general wellness or non-medical reasons, the side effects are:

#1. Dry mouth: 10.1%

#2. Feeling high (euphoria): 10.4%

#3. Hunger: 7.9%

#4. Other side effects: 1.2%

#5. Red eyes: 3.5%

#6. Sleepiness or grogginess: 1.5%

#7. Overall side effects: 34.6%

• There are a couple of key differences to notice. First, feeling high (euphoria) is more common in people using CBD for general use (10.4%) compared to those using it for medical purposes (4.0%).
• This might be because people using CBD casually are more likely to notice or label this feeling as euphoria, while medical users might focus more on the health benefits.
• Second, people using CBD for general purposes report more overall side effects (34.6%) than those using it for medical reasons (28.5%), as per CBD Statistics.
• This could mean side effects are more noticeable or labelled as such when CBD is used casually rather than for specific health treatments.

Conclusion

CBD (cannabidiol) is a compound found in cannabis that doesn’t cause a “high,” and it’s becoming popular for its possible health benefits. Research shows that CBD might help with conditions like anxiety, long-term pain, epilepsy, and some brain disorders. Because of all the interest, CBD products like oils, gummies, and creams are now available for people looking to use it as a treatment.

While many users have had positive results with CBD, it’s still a good idea to talk to a doctor before using it to treat any health condition or illness. We have shed enough light on CBD Statistics through this article.

Joseph D'Souza

Joseph D'Souza started Coolest Gadgets in 2005 to share his love for tech gadgets. It has since become a popular tech blog, famous for detailed gadget's reviews and companies statistics. Joseph is committed to providing clear, well-researched content, making tech easy to understand for everyone. Coolest Gadgets is a trusted source for tech news, loved by both tech fans and beginners.

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