Cannabis: market data & analysis

The maturity of the Cannabis market varies across the globe mainly due to differing legal environments and public attitudes towards cannabis. Legalization of cannabis is an important source of economic growth as it contributes to the growing tax revenue, increasing demands on the supply chain and to the creation of new workplaces. The market is divided into three segments: Recreational Cannabis, Medical Cannabis, and Therapeutic Cannabis.

This report gives an overview of the Cannabis market from an international perspective. Besides all relevant market figures like total and forecasted revenues for the years from 2016 to 2028 we furthermore give detailed insights into market drivers, current trends, key players, and important background information on the Cannabis market.

In general, the Cannabis market is expected to grow at a CAGR of 15% between 2023 and 2028. Particularly strong growth is expected in upper-middle-income countries, due to the growing trend of changes in cannabis legislation and the corresponding expansion of supporting infastrcutrue.

Together, the Recreational and Medical Cannabis segments account for 72% of the total global revenue, due to the major sales of cannabis for recreational and medical-use in Canada and the United States.

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

Overview

• Summary
• Market Definition
• Key Takeaways
• Sales Figures
• Regional Comparison
• Drivers
• Trends
• Key Players

• Recreational Cannabis
• Medical Cannabis
• Therapeutic Cannabis

• Methodology
• Country Coverage
• Product Overview
• Author
  

Market Outlook

• Overview
• Worldwide Cannabis revenue in billion US$
• Worldwide Cannabis revenue growth in billion US$ by segment incl. forecast
• Scenario analysis - revenue in billion US$
• Recreational Cannabis revenue in billion US$ incl. forecast
• Medical Cannabis revenue in billion US$ incl. forecast
• Therapeutic Cannabis revenue in billion US$ incl. forecast
• Revenue comparison in billion US$ in 2022
• Revenue shares in 2022
• Revenue development in billion US$
• Market Drivers
• Number of people with anxiety disorders worldwide in million
• Medical and Therapeutic Cannabis legalization year by country
• Cannabis market size in million US$
• Revenue of Medical and Therapeutic Cannabis in million US$
• Number of clinical trials on cannabis
• Consumer spending on recreation in billion US$
• Trends
• E-Commerce sales forecast of CBD in the US in billion US$
• Reasons for taking Medical Cannabis/CBD in 2021 (in %)
• Key Players
• Market shares of the key players of the worldwide total Cannabis market in percent
• Canopy Growth‘s total revenue in billion US$
• Cronos Group‘s total revenue in billion US$
• Curaleaf‘s total revenue in billion US$
• Jazz Pharmaceuticals‘ total revenue in billion US$
• Aurora Cannabis‘ total revenue in billion US$

• Recreational Cannabis
• Revenue comparison in million US$ in 2022
• Worldwide revenue in million US$
• User comparison in million in 2022
• ARPU in US$
• Average price per gram forecast in US$
• Medical Cannabis
• Revenue comparison in million US$ in 2022
• Worldwide revenue in million US$
• User comparison in million in 2022
• ARPU in US$
• Therapeutic Cannabis
• Revenue comparison in million US$ in 2022
• Worldwide revenue in million US$
• User comparison in million in 2022
• ARPU in US$
• Consumer Insights
• Medical cannabis/CBD user
• Medical cannabis/CBD usage
• Method of taking cannabis
• Attitudes towards medical cannabis/CBD
• Medical cannabis/CBD user in US
• Reasons of taking cannabis in US
• Medical cannabis/CBD user in UK
• Reasons of taking cannabis in UK
• Medical cannabis/CBD user in Germany
• Reasons of taking cannabis in Germany