Press release
Global Cannabigerol Market Set for Exceptional Growth New Report Highlights Key Drivers, Segmentation, and Regional Trends
The Cannabigerol Market is on a remarkable growth trajectory, according to the latest published research from Mark & Spark Solutions. The comprehensive report available at https://marksparksolutions.com/reports/global-cannabigerol-market provides in-depth insights on market dynamics, segmentation, leading drivers, and key regional data, focusing on the evolving landscape of Cannabigerol (CBG) globally.◈ Introduction
The Cannabigerol (CBG) market has captured global attention due to the increasing preference for non-psychoactive canabinoids and growing awareness about their health benefits. Widely regarded as the "mother" canabinoid, CBG acts as a precursor to major canabinoids such as offering significant therapeutic properties including anti-inflammatory, neuroprotective, and antibacterial effects. As a result, demand for CBG-based products-including oils, tinctures, capsules, and topicals-is surging in both wellness and medical spheres.
◈ Market Size and Growth Projections
The Cannabigerol Market valuation reached USD 693.8 Million in 2024, and is projected to rise to USD 1,752 Million by 2031.
The market is forecasted to expand at a CAGR of 14.2% from 2025 to 2030.
North America accounted for 51.53% share in 2024, solidifying its status as the dominant regional market.
The North America CBG market size was valued at USD 358 Million in 2024 and will likely reach USD 932 Million by 2031, with a CAGR of 14.5% over the forecast period.
◈ Market Dynamics
1. Drivers:
Rising demand for natural remedies, as consumers seek health benefits without the psychoactive impact of tetrahydrocannabinol.
Ongoing clinical research supporting CBG's potential for pain, inflammation, anxiety, and neuroprotection.
Increasing legalization of cannabis in key regions (especially North America and parts of Europe) boosts accessibility and market confidence.
Expanding product portfolios, with leading producers innovating in formulation and delivery.
2. Limitations:
Regulatory uncertainty and evolving legal frameworks challenge industry players, particularly in emerging markets.
High production costs due to low CBG concentration in cannabis plants.
Lack of standardization and limited long-term clinical data hinder broad consumer acceptance.
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◈ Market Segmentation
The report segments the Cannabigerol Market by type, production process, end user, and region.
1. By Type
Full Spectrum CBG Oil:
▸ Commanded a major 52.80% share in 2024.
▸ Offers an "entourage effect" due to the presence of multiple canabinoids and beneficial compounds, enhancing therapeutic efficacy.
▸ Preferred for its potential to address pain, inflammation, anxiety, and overall wellness.
Other Segments:
▸ tetrahydrocannabinol-free CBG Tincture
▸ CBG Isolate
▸ CBG Softgel Capsules
2. By Production Process
▸ Natural Extraction
▸ Synthetic Production
▸ Hybrid Methods
3. By End User
▸ Inflammation management
▸ Pain relief
▸ Neurological health
▸ Cancer support
▸ Other wellness and medical applications
◈ Regional Insights
▸ North America: Remains the global leader, driven by progressive legislation and advanced research. The U.S. and Canada spearhead product innovation and market expansion, supported by a robust regulatory framework and high consumer awareness.
▸ Europe: Shows solid growth potential as cannabis legalization continues, particularly in Western Europe, Germany, Italy, the U.K., and France.
▸ Asia Pacific, South America, Middle East, and Africa: Emerging markets for CBG consumption, with countries like China, Japan, India, Brazil, and South Africa reflecting new opportunities.
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◈ Key Players
Major participants shaping the Cannabigerol Market include:
Mile High Labs, GenCanna, ZERO POINT EXTRACTION LLC, Willow Biosciences, Hemptown, Charlotte's Web, Canatura
These companies are driving innovation and market expansion through R&D, broad product portfolios, and strategic partnerships.
◈ Notable Market Trends
▸ Growing consumer preference for non-psychoactive, plant-based wellness solutions.
▸ Investment in efficient extraction and high-yield cannabis strains to reduce costs and increase product accessibility.
▸ Expansion of full-spectrum formulations and diversified product offerings to meet holistic wellness demands.
▸ Enhanced distribution networks and advanced manufacturing capacities in established regions.
◈ Summary
▸ Market Size: USD 693.8 Million (2024) to USD 1,752 Million (2031)
▸ CAGR: 14.2% (2025-2030)
▸ Regional Leader: North America - 51.53% market share
▸ Top Product Segment: Full Spectrum CBG Oil - 52.80% share
▸ North America Market: USD 358 Million (2024) to USD 932 Million (2031), CAGR 14.5%
▸ Main Drivers: Legalization, demand for natural therapeutics, and wellness trends
▸ Challenges: Regulatory uncertainty, high production costs, limited research
▸ Key Companies: Mile High Labs, GenCanna, ZERO POINT EXTRACTION LLC, Willow Biosciences, Hemptown, Charlotte's Web, Canatura
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Mark & Spark Solutions (Wholly Owned by ITvia Data Solutions) is a leading market research consulting firm dedicated to empowering businesses with insightful strategies and solutions for success. Rooted in a commitment to excellence and fueled by innovation, we have become a trusted partner for companies across diverse industries. Our expertise in market dynamics, consumer behavior, and industry trends enables us to provide actionable intelligence that drives growth, refines strategies, and enhances brand performance.
Our team of seasoned researchers, analysts, and consultants collaborates closely with clients to deliver tailored solutions that meet their unique needs. Through our syndicated market research reports, custom market analysis, and strategic consulting services, we provide the insights and expertise that help businesses thrive in competitive markets.
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