Product & engineering
Understand the product.
This report studies the cannabis oil market.
Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.
Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick's oil (commonly known as ""Rick Simpson oil"") brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.
Here's a list of some of the potential health and medicinal benefits of using it, all based on research and actual human consumption: Cancer prevention, Treating and reducing some cancers, Multiple Sclerosis, Epilepsy, Asthma, Rheumatism, Diabetes, High blood pressure, Chronic pain and pain, Inflammation, Eczema and dry skin, Glaucoma, Stress, Anxiety, Depression, Addiction, Insomnia, Anorexia and dramatic weight loss, Obesity.
Selected research
Industry Growth & Trends
Global Cannabis Oil Industry Growth and Trends Forecast to 2032
Market perspective
This report studies the cannabis oil market.
Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.
Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick's oil (commonly known as ""Rick Simpson oil"") brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.
Read the full market overview
Here's a list of some of the potential health and medicinal benefits of using it, all based on research and actual human consumption: Cancer prevention, Treating and reducing some cancers, Multiple Sclerosis, Epilepsy, Asthma, Rheumatism, Diabetes, High blood pressure, Chronic pain and pain, Inflammation, Eczema and dry skin, Glaucoma, Stress, Anxiety, Depression, Addiction, Insomnia, Anorexia and dramatic weight loss, Obesity.
Legality of cannabis oil differs in different regions. Currently, there are mainly eight suppliers, including Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab and Absolute Terps. Select Oil is the market leader, with about 21% market shares.
Global major cannabis oil production regions are USA, Canada and Europe. Canada is the largest production region, accounting for 52%.
Report Scope
This report provides a structured, data-driven view of the global Cannabis Oil market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Cannabis Oil market size, estimates, and forecasts are presented in terms of sales volume (K Bottles) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Cannabis Oil market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Cannabis Oil.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Cannabis Oil market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Cannabis Oil Market by Company
Select Oil
K.I.N.D. Concentrates
Canopy Growth Corporation
Aphria
Emblem Cannabis Oils
Whistler
The Lab
Absolute Terps
Cannabis Oil Segment by Type
Organic Cannabis Oil
Non-Organic Cannabis Oil
Cannabis Oil Segment by Application
Recreational
Medical
Cannabis Oil Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cannabis Oil market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cannabis Oil and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cannabis Oil.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Cannabis Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Cannabis Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Organic Cannabis Oil
- Non-Organic Cannabis Oil
Applications
- Recreational
- Medical
Companies covered
- Select Oil
- K.I.N.D. Concentrates
- Canopy Growth Corporation
- Aphria
- Emblem Cannabis Oils
- Whistler
- The Lab
- Absolute Terps
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Cannabis Oil Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Cannabis Oil Sales Estimates and Forecasts (2021-2032)
- 1.3 Cannabis Oil Market by Type
- 1.3.1 Organic Cannabis Oil
- 1.3.2 Non-Organic Cannabis Oil
- 1.4 Global Cannabis Oil Market Size by Type
- 1.4.1 Global Cannabis Oil Market Size Overview by Type (2021-2032)
- 1.4.2 Global Cannabis Oil Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Cannabis Oil Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Cannabis Oil Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Cannabis Oil Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Cannabis Oil Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Cannabis Oil Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Cannabis Oil Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Cannabis Oil Industry Trends
- 2.2 Cannabis Oil Industry Drivers
- 2.3 Cannabis Oil Industry Opportunities and Challenges
- 2.4 Cannabis Oil Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Cannabis Oil Revenue (2021-2026)
- 3.2 Global Top Players by Cannabis Oil Sales (2021-2026)
- 3.3 Global Top Players by Cannabis Oil Price (2021-2026)
- 3.4 Global Cannabis Oil Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Cannabis Oil Major Company Production Sites & Headquarters
- 3.6 Global Cannabis Oil Company, Product Type & Application
- 3.7 Global Cannabis Oil Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Cannabis Oil Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Cannabis Oil Players Market Share by Revenue in 2025
- 3.8.3 2025 Cannabis Oil Tier 1, Tier 2, and Tier 3
4 Cannabis Oil Regional Status and Outlook
- 4.1 Global Cannabis Oil Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Cannabis Oil Historic Market Size by Region
- 4.2.1 Global Cannabis Oil Sales in Volume by Region (2021-2026)
- 4.2.2 Global Cannabis Oil Sales in Value by Region (2021-2026)
- 4.2.3 Global Cannabis Oil Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Cannabis Oil Forecasted Market Size by Region
- 4.3.1 Global Cannabis Oil Sales in Volume by Region (2027-2032)
- 4.3.2 Global Cannabis Oil Sales in Value by Region (2027-2032)
- 4.3.3 Global Cannabis Oil Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Cannabis Oil by Application
- 5.1 Cannabis Oil Market by Application
- 5.1.1 Recreational
- 5.1.2 Medical
- 5.2 Global Cannabis Oil Market Size by Application
- 5.2.1 Global Cannabis Oil Market Size Overview by Application (2021-2032)
- 5.2.2 Global Cannabis Oil Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Cannabis Oil Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Cannabis Oil Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Cannabis Oil Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Cannabis Oil Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Cannabis Oil Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Cannabis Oil Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Select Oil
- 6.1.1 Select Oil Company Information
- 6.1.2 Select Oil Business Overview
- 6.1.3 Select Oil Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Select Oil Cannabis Oil Product Portfolio
- 6.1.5 Select Oil Recent Developments
- 6.2 K.I.N.D. Concentrates
- 6.2.1 K.I.N.D. Concentrates Company Information
- 6.2.2 K.I.N.D. Concentrates Business Overview
- 6.2.3 K.I.N.D. Concentrates Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 K.I.N.D. Concentrates Cannabis Oil Product Portfolio
- 6.2.5 K.I.N.D. Concentrates Recent Developments
- 6.3 Canopy Growth Corporation
- 6.3.1 Canopy Growth Corporation Company Information
- 6.3.2 Canopy Growth Corporation Business Overview
- 6.3.3 Canopy Growth Corporation Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Canopy Growth Corporation Cannabis Oil Product Portfolio
- 6.3.5 Canopy Growth Corporation Recent Developments
- 6.4 Aphria
- 6.4.1 Aphria Company Information
- 6.4.2 Aphria Business Overview
- 6.4.3 Aphria Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Aphria Cannabis Oil Product Portfolio
- 6.4.5 Aphria Recent Developments
- 6.5 Emblem Cannabis Oils
- 6.5.1 Emblem Cannabis Oils Company Information
- 6.5.2 Emblem Cannabis Oils Business Overview
- 6.5.3 Emblem Cannabis Oils Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Emblem Cannabis Oils Cannabis Oil Product Portfolio
- 6.5.5 Emblem Cannabis Oils Recent Developments
- 6.6 Whistler
- 6.6.1 Whistler Company Information
- 6.6.2 Whistler Business Overview
- 6.6.3 Whistler Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Whistler Cannabis Oil Product Portfolio
- 6.6.5 Whistler Recent Developments
- 6.7 The Lab
- 6.7.1 The Lab Company Information
- 6.7.2 The Lab Business Overview
- 6.7.3 The Lab Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 The Lab Cannabis Oil Product Portfolio
- 6.7.5 The Lab Recent Developments
- 6.8 Absolute Terps
- 6.8.1 Absolute Terps Company Information
- 6.8.2 Absolute Terps Business Overview
- 6.8.3 Absolute Terps Cannabis Oil Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Absolute Terps Cannabis Oil Product Portfolio
- 6.8.5 Absolute Terps Recent Developments
7 North America by Country
- 7.1 North America Cannabis Oil Sales by Country
- 7.1.1 North America Cannabis Oil Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Cannabis Oil Sales by Country (2021-2026)
- 7.1.3 North America Cannabis Oil Sales Forecast by Country (2027-2032)
- 7.2 North America Cannabis Oil Market Size by Country
- 7.2.1 North America Cannabis Oil Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Cannabis Oil Market Size by Country (2021-2026)
- 7.2.3 North America Cannabis Oil Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Cannabis Oil Sales by Country
- 8.1.1 Europe Cannabis Oil Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Cannabis Oil Sales by Country (2021-2026)
- 8.1.3 Europe Cannabis Oil Sales Forecast by Country (2027-2032)
- 8.2 Europe Cannabis Oil Market Size by Country
- 8.2.1 Europe Cannabis Oil Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Cannabis Oil Market Size by Country (2021-2026)
- 8.2.3 Europe Cannabis Oil Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Cannabis Oil Sales by Country
- 9.1.1 Asia-Pacific Cannabis Oil Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Cannabis Oil Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Cannabis Oil Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Cannabis Oil Market Size by Country
- 9.2.1 Asia-Pacific Cannabis Oil Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Cannabis Oil Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Cannabis Oil Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Cannabis Oil Sales by Country
- 10.1.1 South America Cannabis Oil Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Cannabis Oil Sales by Country (2021-2026)
- 10.1.3 South America Cannabis Oil Sales Forecast by Country (2027-2032)
- 10.2 South America Cannabis Oil Market Size by Country
- 10.2.1 South America Cannabis Oil Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Cannabis Oil Market Size by Country (2021-2026)
- 10.2.3 South America Cannabis Oil Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Cannabis Oil Sales by Country
- 11.1.1 Middle East and Africa Cannabis Oil Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Cannabis Oil Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Cannabis Oil Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Cannabis Oil Market Size by Country
- 11.2.1 Middle East and Africa Cannabis Oil Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Cannabis Oil Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Cannabis Oil Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Cannabis Oil Value Chain Analysis
- 12.1.1 Cannabis Oil Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Cannabis Oil Production Mode & Process
- 12.2 Cannabis Oil Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Cannabis Oil Distributors
- 12.2.3 Cannabis Oil Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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