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Cannabis Market, Global Outlook and Forecast 2023-2030

The global Cannabis market was valued at US$ 10210 million in 2022 and is projected to reach US$ 30010 million by 2029, at a CAGR of 16.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cannabis, also known as marijuana among other names, is a psychoactive drug from the?Cannabis?plant used primarily for medical or recreational purposes.
This report aims to provide a comprehensive presentation of the global market for Cannabis, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cannabis. This report contains market size and forecasts of Cannabis in global, including the following market information:

  • Global Cannabis Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Cannabis Market Sales, 2018-2023, 2024-2030, (K MT)
  • Global top five Cannabis companies in 2022 (%)

Cannabis is a tall plant with a stiff upright stem, which is used as a drug and is being legalized for its medical usage. The report contains an analysis of the various parameters of the cannabis market. The study includes the major types of cannabis popular in the market and their market shares. The report presents wide-range analysis of the market share, size, and trends in the cannabis market. The market operates at B2C level, and market sizing has been done at the consumer level.
We surveyed the Cannabis manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cannabis Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Cannabis Market Segment Percentages, by Type, 2022 (%)
Flowers and Leaves
Concentrates
Global Cannabis Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Cannabis Market Segment Percentages, by Application, 2022 (%)
Medical Use
Recreational Use
Others
Global Cannabis Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Cannabis Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cannabis revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cannabis revenues share in global market, 2022 (%)
Key companies Cannabis sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Cannabis sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Canopy Growth
Aurora Cannabis (Agropro)
Cannabis Science Inc
Aphria Inc
Medical Marijuana Inc
Mentor Capital
CBD American Shaman
CV Sciences
Folium Biosciences
Irie CBD
PharmaHemp
Terra Tech
NuLeaf Naturals
Manitoba Harvest
Charlotte's Web
Endoca
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cannabis, market overview.
Chapter 2: Global Cannabis market size in revenue and volume.
Chapter 3: Detailed analysis of Cannabis manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cannabis in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Cannabis capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.