Cannabis Market size was valued at US$ 65.05 Bn. in 2023 and the total revenue is expected to grow at CAGR of 32.04% through 2024 to 2030, reaching nearly US$ 455.22 Bn. by 2030

Cannabis Market Report Overview

Cannabis is a psychoactive drug derived from cannabis plants, which belong to the Cannabaceae family. It was used medicinally in ancient Egyptian, Islamic, Chinese, and Indian cultures. Cannabis is used to treat a variety of illnesses and symptoms, including cancer, chronic pain, depression, arthritis, diabetes, glaucoma, migraines, epilepsy, multiple sclerosis, acquired immunodeficiency syndrome (AIDS), amyotrophic lateral sclerosis (ALS), Alzheimer's, Parkinson's, and Tourette's. .

Cannabis Market Report Scope and Research Methodology

The Cannabis Market Report offers a comprehensive exploration and elucidation of market dynamics, furnishing readers with insights into evolving trends, drivers, restraints, opportunities, and challenges both on a global and regional scale. Stellar Market Research has gathered data through primary research surveys involving product dealers, international suppliers, and dealers in the global market, along with a dedicated team of subject matter experts who meticulously track and analyze the Cannabis industry.

To estimate the Cannabis market size, a bottom-up approach has been implemented. The report presents an inventory of ongoing development projects spanning various industries, followed by information on key projects in the development stage that may exert a positive or negative impact on the global Cannabis market.

Cannabis Market Regional Insights

The report includes a region-wise detailed analysis of the Cannabis market including market dynamics, regional market structure and key players in each region. The regions are:

North America
Asia Pacific
Europe
South America
Middle East, and Africa
Cannabis Market Segmentation


by Type

Flowers
Concentrates

By Application

Medicinal Application
Recreational Application

Cannabis Market Key Players

Canopy Growth Corporation (Canada)
Aurora Cannabis Inc. (Canada)
MedMen (US)
Terra Tech Corp. (US)
Aphria Inc. (Canada)
VIVO Cannabis Inc. (Canada)
The Cronos Group (Canada)
Medical Marijuana Inc. (US)
STENOCARE (Denmark)
Tikun Olam (Israel)
Organigram Holdings Inc. (Canada)
Cresco Labs (US)
Indiva (Canada)
Curaleaf Holding Inc. (US)
HEXO Corp. (Canada)
Ecofibre Limited (Australia)
Harvest Health & Recreation (US)
Green Thumb Industries (US)
Maricann Group Inc. (Canada)
TerrAscend (Canada)
Key Questions answered in the Cannabis Market Report are:

What is the expected Cannabis market size by 2030?
How the major segments of the global Cannabis market are expected to develop during the forecast period?
What are the factors driving the Cannabis market growth?
Which region is held the largest Cannabis market share in 2023?
Who are the key players in the Cannabis industry?
Key Offerings:

Detailed Market Overview
Market Size (2023 – 2030)
Market Share
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segment, sub-segment and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Key Findings
Industry Recommendations
About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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