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Hibiscus Cannabinus Seed Oil Market Insights Video

According to Cognitive Market Research, the global Hibiscus Cannabinus Seed Oil market size will be USD 172.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.

  • North America held the major market share for more than 40% of the global revenue with a market size of USD 69.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
  • Europe accounted for a market share of over 30% of the global revenue with a market size of USD 51.75 million.
  • Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 39.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
  • Latin America had a market share of more than 5% of the global revenue with a market size of USD 8.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
  • Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
  • The Organic Hibiscus Cannabinus Seed Oil category is the fastest growing segment of the Hibiscus Cannabinus Seed Oil industry

 

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