Cannabis Market -Global Trends and Forecasts(2025 to 2034)
Description
Cannabis Market Size And Forecast
According to Factview Research, the Cannabis Market was valued at USD 12.68 Billion in 2024 and is projected to reach USD 145.08llion by 2034, growing at a CAGR of 30.9% from 2025 to 2034.
Global Cannabis Market Outlook
An increasing legalization of cannabis are expected to boost the growth of Global cannabis market.
The rising awareness regarding medical properties of marijuana, which can help to cure disorders such as epilepsy, Alzheimer's disease, arthritis, anorexia, chronic pain, and other medical conditions, is expected to fuel the growth of the market. Moreover, new product launches by the key players are anticipated to drive the market. For instance, in October 2024, MedMen launched new products under the brand name Statemade. The stringent and complex regulatory framework on the use of cannabis and the declining price of marijuana in the market as the products are getting increasingly commoditized are some factors responsible to stagnate the market growth.
Global Cannabis Market Competitive Landscape
The Global Cannabis Market study report will provide a valuable insight with an emphasis on Global market including some of the major players such as Aurora Cannabis Inc., Aphria Inc., Canopy Growth Corporation, Chronos Group Inc., Vivo Cannabis Inc., Terra Tech Corp., Medmen, Stenocare, Tikun Olam, and Medical Marijuana, Inc.
According to Factview Research, the Cannabis Market was valued at USD 12.68 Billion in 2024 and is projected to reach USD 145.08llion by 2034, growing at a CAGR of 30.9% from 2025 to 2034.
Global Cannabis Market Outlook
An increasing legalization of cannabis are expected to boost the growth of Global cannabis market.
The rising awareness regarding medical properties of marijuana, which can help to cure disorders such as epilepsy, Alzheimer's disease, arthritis, anorexia, chronic pain, and other medical conditions, is expected to fuel the growth of the market. Moreover, new product launches by the key players are anticipated to drive the market. For instance, in October 2024, MedMen launched new products under the brand name Statemade. The stringent and complex regulatory framework on the use of cannabis and the declining price of marijuana in the market as the products are getting increasingly commoditized are some factors responsible to stagnate the market growth.
Global Cannabis Market Competitive Landscape
The Global Cannabis Market study report will provide a valuable insight with an emphasis on Global market including some of the major players such as Aurora Cannabis Inc., Aphria Inc., Canopy Growth Corporation, Chronos Group Inc., Vivo Cannabis Inc., Terra Tech Corp., Medmen, Stenocare, Tikun Olam, and Medical Marijuana, Inc.
Table of Contents
186 Pages
- 1 Introduction Of Global Cannabis Market
- 1.1 Overview Of The Market
- 1.2 Scope Of Report
- 1.3 Assumptions
- 2 Executive Summary
- 3 Research Methodology Of Factview Research
- 3.1 Data Mining
- 3.2 Validation
- 3.3 Primary Interviews
- 3.4 List Of Data Sources
- 4 Global Cannabis Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Cannabis Market, By Product
- 5.1 Overview
- 5.2 Flower
- 5.3 Concentrates
- 5.4 Others
- 6 Global Cannabis Market, By Compound-type
- 6.1 Overview
- 6.2 Tetrahydrocannabinol (Thc)
- 6.3 Cannabidiol (Cbd)
- 6.4 Balanced Thc &Amp; Cbd
- 7 Global Cannabis Market, By Application
- 7.1 Overview
- 7.2 Medical
- 7.3 Recreational
- 8 Global Cannabis Market, By Geography
- 8.1 Overview
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 U.K.
- 8.3.3 France
- 8.3.4 Rest Of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 Rest Of Asia Pacific
- 8.5 Rest Of The World
- 8.5.1 Latin America
- 8.5.2 Middle East
- 9 Global Cannabis Market Competitive Landscape
- 9.1 Overview
- 9.2 Company Market Ranking
- 9.3 Key Development Strategies
- 10 Company Profiles
- 10.1 Aurora Cannabis Inc.
- 10.1.1 Overview
- 10.1.2 Financial Performance
- 10.1.3 Product Outlook
- 10.1.4 Key Developments
- 10.2 Aphria Inc.
- 10.2.1 Overview
- 10.2.2 Financial Performance
- 10.2.3 Product Outlook
- 10.2.4 Key Developments
- 10.3 Canopy Growth Corporation
- 10.3.1 Overview
- 10.3.2 Financial Performance
- 10.3.3 Product Outlook
- 10.3.4 Key Developments
- 10.4 Chronos Group Inc.
- 10.4.1 Overview
- 10.4.2 Financial Performance
- 10.4.3 Product Outlook
- 10.4.4 Key Developments
- 10.5 Vivo Cannabis Inc.
- 10.5.1 Overview
- 10.5.2 Financial Performance
- 10.5.3 Product Outlook
- 10.5.4 Key Developments
- 10.6 Terra Tech Corp.
- 10.6.1 Overview
- 10.6.2 Financial Performance
- 10.6.3 Product Outlook
- 10.6.4 Key Developments
- 10.7 Medmen
- 10.7.1 Overview
- 10.7.2 Financial Performance
- 10.7.3 Product Outlook
- 10.7.4 Key Developments
- 10.8 Stenocare
- 10.8.1 Overview
- 10.8.2 Financial Performance
- 10.8.3 Product Outlook
- 10.8.4 Key Developments
- 10.9 Tikun Olam
- 10.9.1 Overview
- 10.9.2 Financial Performance
- 10.9.3 Product Outlook
- 10.9.4 Key Developments
- 10.10 Medical Marijuana, Inc.
- 10.10.1 Overview
- 10.10.2 Financial Performance
- 10.10.3 Product Outlook
- 10.10.4 Key Developments
- 11 Appendix
- 11.1 Related Research
Pricing
Currency Rates
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