Cannabis Market
Cannabis Market - Global Industry Assessment & Forecast
#
Pages:
250
Base Year:
2022
Oct - 2023
Format:
Report Code:
VMR-VMR-2021-1098
Segments Covered
By
Product Type Flowers, Concentrates, Edibles, Topicals and Tinctures, Other Product Type
-
By
Application Medical , Recreational
-
By
Compound Tetrahydrocannabinol (THC)-dominant, Cannabidiol (CBD)-dominant, Balanced THC & CBD
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 26.8 Billion |
 Revenue 2030:
|
USD 147.4 Billion |
 Revenue CAGR
(2023 - 2030): |
23.9% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Cannabis Market Segment Analysis
- Cannabis Product Type Outlook (Revenue, USD Million, 2018 - 2030)
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Cannabis Application Outlook (Revenue, USD Million, 2018 - 2030)
- Medical
- Recreational
- Cannabis Compound Outlook (Revenue, USD Million, 2018 - 2030)
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
-
North America Cannabis Market, by Application
- Medical
- Recreational
-
North America Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- U.S.
- U.S. Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- U.S. Cannabis Market, by Application
- Medical
- Recreational
- U.S. Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- U.S. Cannabis Market, by Product Type
- Canada
- Canada Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Canada Cannabis Market, by Application
- Medical
- Recreational
- Canada Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Canada Cannabis Market, by Product Type
-
Mexico
- Mexico Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Mexico Cannabis Market, by Application
- Medical
- Recreational
- Mexico Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Mexico Cannabis Market, by Product Type
-
North America Cannabis Market, by Product Type
- Europe
-
Europe Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
-
Europe Cannabis Market, by Application
- Medical
- Recreational
-
Europe Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- U. K.
- U.K. Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- U.K. Cannabis Market, by Application
- Medical
- Recreational
- U.K. Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- U.K. Cannabis Market, by Product Type
- France
- France Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- France Cannabis Market, by Application
- Medical
- Recreational
- France Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- France Cannabis Market, by Product Type
-
Germany
- Germany Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Germany Cannabis Market, by Application
- Medical
- Recreational
- Germany Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Germany Cannabis Market, by Product Type
-
Italy
- Italy Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Italy Cannabis Market, by Application
- Medical
- Recreational
- Italy Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Italy Cannabis Market, by Product Type
-
Spain
- Spain Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Spain Cannabis Market, by Application
- Medical
- Recreational
- Spain Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Spain Cannabis Market, by Product Type
-
Rest of Europe
- Rest of Europe Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Rest of Europe Cannabis Market, by Application
- Medical
- Recreational
- Rest of Europe Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Rest of Europe Cannabis Market, by Product Type
-
Europe Cannabis Market, by Product Type
- Asia Pacific
-
Asia Pacific Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
-
Asia Pacific Cannabis Market, by Application
- Medical
- Recreational
-
Asia Pacific Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- China
- China Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- China Cannabis Market, by Application
- Medical
- Recreational
- China Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- China Cannabis Market, by Product Type
- Japan
- Japan Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Japan Cannabis Market, by Application
- Medical
- Recreational
- Japan Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Japan Cannabis Market, by Product Type
-
Germany
- Germany Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Germany Cannabis Market, by Application
- Medical
- Recreational
- Germany Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Germany Cannabis Market, by Product Type
-
India
- India Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- India Cannabis Market, by Application
- Medical
- Recreational
- India Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- India Cannabis Market, by Product Type
-
South Korea
- South Korea Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- South Korea Cannabis Market, by Application
- Medical
- Recreational
- South Korea Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- South Korea Cannabis Market, by Product Type
-
South East Asia
- South East Asia Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- South East Asia Cannabis Market, by Application
- Medical
- Recreational
- South East Asia Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- South East Asia Cannabis Market, by Product Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Rest of Asia Pacific Cannabis Market, by Application
- Medical
- Recreational
- Rest of Asia Pacific Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Rest of Asia Pacific Cannabis Market, by Product Type
-
Asia Pacific Cannabis Market, by Product Type
- Latin America
-
Latin America Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
-
Latin America Cannabis Market, by Application
- Medical
- Recreational
-
Latin America Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Brazil
- Brazil Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Brazil Cannabis Market, by Application
- Medical
- Recreational
- Brazil Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Brazil Cannabis Market, by Product Type
- Argentina
- Argentina Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Argentina Cannabis Market, by Application
- Medical
- Recreational
- Argentina Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Argentina Cannabis Market, by Product Type
-
Rest of Latin America
- Rest of Latin America Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Rest of Latin America Cannabis Market, by Application
- Medical
- Recreational
- Rest of Latin America Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Rest of Latin America Cannabis Market, by Product Type
-
Latin America Cannabis Market, by Product Type
- Middle East & Africa
-
Middle East & Africa Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
-
Middle East & Africa Cannabis Market, by Application
- Medical
- Recreational
-
Middle East & Africa Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- GCC Countries
- GCC Countries Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- GCC Countries Cannabis Market, by Application
- Medical
- Recreational
- GCC Countries Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- GCC Countries Cannabis Market, by Product Type
- South Africa
- South Africa Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- South Africa Cannabis Market, by Application
- Medical
- Recreational
- South Africa Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- South Africa Cannabis Market, by Product Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Cannabis Market, by Product Type
- Flowers
- Concentrates
- Edibles
- Topicals and Tinctures
- Other Product Type
- Rest of Middle East & Africa Cannabis Market, by Application
- Medical
- Recreational
- Rest of Middle East & Africa Cannabis Market, by Compound
- Tetrahydrocannabinol (THC)-dominant
- Cannabidiol (CBD)-dominant
- Balanced THC & CBD
- Rest of Middle East & Africa Cannabis Market, by Product Type
-
Middle East & Africa Cannabis Market, by Product Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Cannabis in terms of revenue?
-
The global Cannabis valued at USD 26.8 Billion in 2022 and is expected to reach USD 147.4 Billion in 2030 growing at a CAGR of 23.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Canopy Growth Corporation (Canada), Aurora Cannabis Inc. (Canada), Medmen Enterprise Inc. (US), Tary Inc. (US), Unrivaled Brand Inc. (US), VIVO Cannabis Inc. (Canada), The Cronos Group (Canada), Medical Marijuana Inc. (US), Stenocare (Denmark), Trulieve (US)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 23.9% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Cannabis include
- Increasing Legalization and Decriminalization
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Cannabis in 2022.
