Top CBD companies in the U.S. by market share 2022 | Statista (2024)

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    Published by Jan Conway, Nov 15, 2023

    In the second quarter of 2022, the leading CBD company in the U.S. was Charlotte's Web. The company held a 2.27 percent share of the market, based on revenue. Your CBD Store and Medterra were the next leading companies. The top ten CBD companies only make up a little over 12 percent of the total U.S. CBD market.

    Top ten CBD companies in the U.S. as of Q2 2022, by market share

    CharacteristicMarket share
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    Release date

    August 2022

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    Region

    United States

    Survey time period

    Q2 2022

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    Other statistics on the topic

    +CannabisCBD product dollars sales in the United States from 2022 to 2026+CannabisE-commerce sales of CBD in the U.S. 2019-2026+CannabisU.S.: sales of CBD products in 2021, by channel

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    Top CBD companies in the U.S. by market share 2022 | Statista (7)

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    Statistics on " CBD retail in the United States "

    The most important statistics

    • CBD product dollars sales in the United States from 2022 to 2026
    • E-commerce sales of CBD in the U.S. 2019-2026
    • U.S.: sales of CBD products in 2021, by channel
    • Cannabinoid sales growth U.S. 2022, by state
    • Average price per milligram CBD U.S. 2021, by segment
    • CBD brands not safety testing share U.S. 2022, by contaminant

    The most important statistics

    • Sales of CBD branded products in the United States in 2021, by product type
    • CBD product c-store sales in the United States in 2023, by segment
    • C-store sales of leading CBD brands in the United States in 2022
    • Edible cannabidiol product sales share United States 2021, by segment
    • Dollar sales share of Hemp-CBD beverages U.S. 2021, by beverage type
    • Mood support supplement dollar sales U.S. 2021, by ingredient
    • Analgesic and anti-inflammatory product dollar sales U.S. 2021, by ingredient
    • Sleep product dollar sales U.S. 2021, by ingredient

    The most important statistics

    • Annual CBD usage rate in the United States from 2018 to 2024
    • Leading CBD product types among U.S. adults 2022
    • Top reasons why U.S. adults use CBD 2022
    • Cannabinoid length of usage share U.S. 2022
    • Share of cannabidiol dosages U.S. 2022
    • Share of reasons why U.S. adults did not purchase CBD 2021

    Other statistics that may interest you CBD retail in the United States

    Overview

    6

    • Premium Statistic CBD product dollars sales in the United States from 2022 to 2026
    • Premium Statistic E-commerce sales of CBD in the U.S. 2019-2026
    • Premium Statistic U.S.: sales of CBD products in 2021, by channel
    • Premium Statistic Cannabinoid sales growth U.S. 2022, by state
    • Premium Statistic Average price per milligram CBD U.S. 2021, by segment
    • Premium Statistic CBD brands not safety testing share U.S. 2022, by contaminant

    Segments

    8

    • Premium Statistic Sales of CBD branded products in the United States in 2021, by product type
    • Premium Statistic CBD product c-store sales in the United States in 2023, by segment
    • Premium Statistic C-store sales of leading CBD brands in the United States in 2022
    • Premium Statistic Edible cannabidiol product sales share United States 2021, by segment
    • Premium Statistic Dollar sales share of Hemp-CBD beverages U.S. 2021, by beverage type
    • Premium Statistic Mood support supplement dollar sales U.S. 2021, by ingredient
    • Premium Statistic Analgesic and anti-inflammatory product dollar sales U.S. 2021, by ingredient
    • Premium Statistic Sleep product dollar sales U.S. 2021, by ingredient

    Consumption

    6

    • Premium Statistic Annual CBD usage rate in the United States from 2018 to 2024
    • Basic Statistic Leading CBD product types among U.S. adults 2022
    • Basic Statistic Top reasons why U.S. adults use CBD 2022
    • Premium Statistic Cannabinoid length of usage share U.S. 2022
    • Premium Statistic Share of cannabidiol dosages U.S. 2022
    • Basic Statistic Share of reasons why U.S. adults did not purchase CBD 2021

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    Topics

    Medical cannabis in the UKMedical cannabis in the U.S.Medical cannabis in CanadaDrug situation in EuropeRecreational cannabis in Canada

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    Top CBD companies in the U.S. by market share 2022 | Statista (2024)

    FAQs

    Top CBD companies in the U.S. by market share 2022 | Statista? ›

    In the second quarter of 2022, the leading CBD company in the U.S. was Charlotte's Web. The company held a 2.27 percent share of the market, based on revenue. Your CBD Store and Medterra were the next leading companies.

    See Details
    What is trending in the CBD market 2022? ›

    From farming to production, manufacturing to sales and everything in between, CBD is expected to grow into a $7.8 billion industry in 2022. But much like the gold rush in the Wild West, the 'green rush' has begun to settle. Consumers are becoming loyal to certain brands. Demographics are starting to shift.

    Continue Reading
    Who is the largest CBD manufacturer? ›

    Largest CBD Companies by Market Share
    • Charlotte's Web. Charlotte's Web has effectively risen to the top of the ranks by leveraging robust marketing strategies deeply rooted in brand values their customers care about like trust and high-quality products. ...
    • Your CBD Store (SUNMED) ...
    • Medterra. ...
    • CBD American Shaman. ...
    • cbdMD.

    Discover More Details
    What is the most effective CBD on the market? ›

    A quick look at the top CBD brands
    • Best for higher potencies: Aspen Green | Skip to review.
    • Best for capsules: cbdMD | Skip to review.
    • Best for topicals: PlusCBD | Skip to review.
    • Best for high potency gummies: BATCH CBD | Skip to review.
    • Best variety: CBDfx | Skip to review.
    More items...

    View Details
    What are the best CBD stocks to invest in? ›

    Investing in CBD Stocks
    CompanyMarket Cap
    Canopy Growth (NASDAQ:CGC)$1.3 billion
    Charlotte's Web Holdings (OTC:CWBHF)$87 million
    Cresco Labs (OTC:CRLBF)$766.5 million
    Jazz Pharmaceuticals (NASDAQ:JAZZ)$9.9 billion
    1 more row

    See More
    What CBD product sells the most? ›

    Over the years, tinctures and gummies have been the most profitable CBD products in terms of sheer number of units sold. Some CBD products, however, such as topicals, offer higher margins since they consist of complex, laser-targeted formulas.

    Learn More Now
    What state buys the most CBD? ›

    California was the leading market for CBD (cannabidiol) in the United States in 2019 with estimated sales of 730 million U.S. dollars.

    Continue Reading
    What is the number one CBD company by market share? ›

    Top ten U.S. CBD companies 2022, by market share

    In the second quarter of 2022, the leading CBD company in the U.S. was Charlotte's Web. The company held a 2.27 percent share of the market, based on revenue. Your CBD Store and Medterra were the next leading companies.

    Continue Reading
    Why are CBD sales declining? ›

    What is causing the decline in CBD sales? Anneke Knot, meanwhile, mused in an article in Fashionista, that “overblown marketing claims and the sheer number of brands created a level of CBD fatigue.” NPI's Frank Schultz also notes that the lack of regulatory framework from the FDA plays a big role.

    Read The Full Story
    How big is the US CBD market? ›

    The U.S. CBD consumer health market size was estimated at USD 7.81 billion in 2023 and is projected to surpass around USD 31.11 billion by 2033 at a CAGR of 14.79% from 2024 to 2033.

    Read The Full Story

    What is the best CBD for seniors? ›

    What Is The Best CBD For Seniors? Full-spectrum CBD oil is the best option for seniors looking to take advantage of the full range of potential therapeutic benefits. It contains a range of other beneficial compounds found in the hemp plant, and is believed to have enhanced benefits due to the “entourage effect.”

    Find Out More
    What brands of CBD are FDA approved? ›

    EPIDIOLEX is the first and only FDA-approved prescription cannabidiol (CBD) to treat seizures associated with Lennox-Gastaut syndrome (LGS), Dravet syndrome, or tuberous sclerosis complex (TSC) in patients 1 year of age or older.

    Show Me More
    What is the most profitable stock to buy right now? ›

    9 Best Stocks To Buy Now
    Company (Ticker)Forward P/E Ratio
    TopBuild Corp. (BLD)18.2
    Citigroup, Inc. (C)50.8
    The Kraft Heinz Company (KHC)8.7
    Fidelity National Information Services, Inc. (FIS)18.4
    5 more rows
    Aug 29, 2024

    Keep Reading
    What is the future of the CBD industry? ›

    The global cannabidiol (CBD) market size was USD 7.59 billion in 2023 and is projected to grow from USD 11.16 billion in 2024 to USD 202.45 billion in 2032 at a CAGR of 43.66% during the forecast period 2024-2032. North America dominated the cannabidiol market with a market share of 47.04% in 2023.

    Learn More
    Why is Cresco Labs stock falling? ›

    Summary. Cresco Labs Inc.'s share price is not expected to significantly increase due to uncertainty in the US cannabis industry and lack of federal legislation and changes to rules and regulations. The company faces risks such as limited revenue expansion, increasing competition, and high levels of debt.

    Learn More Now
    What is the trend in the CBD oil market? ›

    Cannabidiol Oil Market size was valued at USD 5.1 billion in 2023 and is expected to reach USD 24.7 billion by 2032 growing at a CAGR of 18.6% over the analysis period.

    Discover More Details
    What is the future of the CBD? ›

    CBDs will shift from acting primarily as places of work towards being mixed- use destinations, capitalizing on being at the heart of transport networks and complemented by a captivating array of educational, government and cultural institutions.

    Read The Full Story
    Is the CBD market oversaturated? ›

    The CBD market is experiencing rapid growth, and there have been concerns about potential oversaturation in certain segments. The market has become increasingly crowded with a wide range of CBD products, brands and retailers.

    View More

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