diff --git a/conda/environments/all_cuda-118_arch-x86_64.yaml b/conda/environments/all_cuda-118_arch-x86_64.yaml
index c12e88f1c0f..e13357aa78e 100644
--- a/conda/environments/all_cuda-118_arch-x86_64.yaml
+++ b/conda/environments/all_cuda-118_arch-x86_64.yaml
@@ -28,7 +28,7 @@ dependencies:
 - cxx-compiler
 - cython>=3.0.3
 - dask-cuda==24.4.*
-- dlpack>=0.5,<0.6.0a0
+- dlpack>=0.8,<1.0
 - doxygen=1.9.1
 - fastavro>=0.22.9
 - fmt>=10.1.1,<11
diff --git a/conda/environments/all_cuda-122_arch-x86_64.yaml b/conda/environments/all_cuda-122_arch-x86_64.yaml
index e773812967d..c028c3fde3a 100644
--- a/conda/environments/all_cuda-122_arch-x86_64.yaml
+++ b/conda/environments/all_cuda-122_arch-x86_64.yaml
@@ -29,7 +29,7 @@ dependencies:
 - cxx-compiler
 - cython>=3.0.3
 - dask-cuda==24.4.*
-- dlpack>=0.5,<0.6.0a0
+- dlpack>=0.8,<1.0
 - doxygen=1.9.1
 - fastavro>=0.22.9
 - fmt>=10.1.1,<11
diff --git a/conda/recipes/cudf/meta.yaml b/conda/recipes/cudf/meta.yaml
index 6a85fadaa48..7633fbb00a3 100644
--- a/conda/recipes/cudf/meta.yaml
+++ b/conda/recipes/cudf/meta.yaml
@@ -64,7 +64,7 @@ requirements:
     - cython >=3.0.3
     - scikit-build-core >=0.7.0
     - setuptools
-    - dlpack >=0.5,<0.6.0a0
+    - dlpack >=0.8,<1.0
     - numpy 1.23
     - pyarrow ==14.0.2.*
     - libcudf ={{ version }}
diff --git a/conda/recipes/libcudf/conda_build_config.yaml b/conda/recipes/libcudf/conda_build_config.yaml
index 3280ddf185a..53770956ebe 100644
--- a/conda/recipes/libcudf/conda_build_config.yaml
+++ b/conda/recipes/libcudf/conda_build_config.yaml
@@ -26,7 +26,7 @@ libarrow_version:
   - "==14.0.2"
 
 dlpack_version:
-  - ">=0.5,<0.6.0a0"
+  - ">=0.8,<1.0"
 
 librdkafka_version:
   - ">=1.9.0,<1.10.0a0"
diff --git a/cpp/cmake/thirdparty/get_dlpack.cmake b/cpp/cmake/thirdparty/get_dlpack.cmake
index 65b5f4ff2eb..790d6367745 100644
--- a/cpp/cmake/thirdparty/get_dlpack.cmake
+++ b/cpp/cmake/thirdparty/get_dlpack.cmake
@@ -1,5 +1,5 @@
 # =============================================================================
-# Copyright (c) 2020-2022, NVIDIA CORPORATION.
+# Copyright (c) 2020-2024, NVIDIA CORPORATION.
 #
 # Licensed under the Apache License, Version 2.0 (the "License"); you may not use this file except
 # in compliance with the License. You may obtain a copy of the License at
@@ -36,6 +36,6 @@ function(find_and_configure_dlpack VERSION)
   endif()
 endfunction()
 
-set(CUDF_MIN_VERSION_dlpack 0.5)
+set(CUDF_MIN_VERSION_dlpack 0.8)
 
 find_and_configure_dlpack(${CUDF_MIN_VERSION_dlpack})
diff --git a/dependencies.yaml b/dependencies.yaml
index a83a03b571b..0352d61b0ff 100644
--- a/dependencies.yaml
+++ b/dependencies.yaml
@@ -199,7 +199,7 @@ dependencies:
           - &ninja ninja
           - c-compiler
           - cxx-compiler
-          - dlpack>=0.5,<0.6.0a0
+          - dlpack>=0.8,<1.0
           - zlib>=1.2.13
     specific:
       - output_types: conda