CBD Isolate Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 15.2% from 2026 to 2033, reaching USD 3.4 Billion by 2033.
The South Korean CBD isolate market is experiencing significant growth, driven by increasing interest from various industries seeking to incorporate cannabidiol (CBD) into their products. In 2023, the market generated approximately USD 26.6 million and is projected to reach USD 37.0 million by 2030, reflecting a compound annual growth rate (CAGR) of 4.8% during this period.
One of the primary drivers of this growth is the hemp segment, which accounted for the largest revenue share in 2023 and continues to register the fastest growth. This trend is largely attributed to the expanding applications of CBD isolate across multiple sectors, including food and beverages, personal care, and pharmaceuticals.
However, it's important to note that South Korea maintains stringent regulations regarding CBD products. The possession, use, and distribution of cannabidiol are subject to strict controls, with products containing CBD above certain thresholds being categorized as narcotic substances. This regulatory environment poses challenges for businesses aiming to introduce CBD isolate products into the market. For instance, the Ministry of Food and Drug Safety (MFDS) plans to ban the use of the terms 'CBD' and 'THC' on hemp food products to prevent deceptive advertising, as trace amounts of these substances can remain in hemp-derived products.
Despite these challenges, several industries are actively exploring the incorporation of CBD isolate into their offerings:
Food and Beverage Industry: Manufacturers are interested in adding CBD isolate to products such as baked goods, candies, drinks, and snacks to cater to the growing consumer demand for functional foods with potential health benefits.
Personal Care and Cosmetics: The beauty industry is exploring the use of CBD isolate in skincare products like creams, gels, and sprays, leveraging its purported anti-inflammatory and antioxidant properties to enhance product offerings.
Pharmaceuticals: The medical sector is investigating the therapeutic potential of CBD isolate for treating conditions such as epilepsy, chronic pain, and anxiety, leading to the development of new medicinal products.
In summary, while the South Korean CBD isolate market presents significant opportunities across various industries, businesses must navigate a complex regulatory landscape to successfully introduce and market their products. Staying informed about current regulations and aligning product development strategies with legal requirements will be crucial for success in this emerging market.
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Kazmira
Yunnan Hansu Biotechnology
Yuannan Hankang
Candropharm
Essentia Pura
Western States Hemp
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea CBD Isolate Market
Crystalline Isolate
Powdered Isolate
Oil-Based Isolate
Capsules and Edibles
Health and Wellness
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Online Retail
Brick-and-Mortar Retail
Wholesale Distribution
Specialty Stores
Infused Products
Topicals
Ingestible Products
Vape Products
Age Group
Gender
Health-conscious Individuals
Chronic Pain and Conditions Sufferers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea CBD Isolate Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea CBD Isolate Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea CBD Isolate Market, By Type
6. South Korea CBD Isolate Market, By Application
7. South Korea CBD Isolate Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea CBD Isolate Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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