Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025
Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025
The research report titled “Legal Marijuana Market by Product Type (Buds, Cannabis Extracts), Species (Sativa, Indica), Strains (THC, CBD), Purchase Channel, Application (Medical, Recreational), End-Use Industries, and Geography - Global Forecast to 2025” provides in-depth analysis of legal marijuana market in five major geographies and emphasizes on the current market trends, size, and share; recent developments; and forecast until 2025. The global legal marijuana market is expected to reach $75.6 billion by 2025, at a CAGR of 28.3% during the forecast period of 2019 to 2025.
The growth in this market is mainly attributed to the increasing legalization of marijuana, growing medicinal applications of marijuana, and rising geriatric population who are in the need of treatment for chronic diseases. However, high cost and strict rules and regulations regarding production, distribution, sales, and possession of legal marijuana obstruct the growth of this market to some extent.
The study offers a comprehensive analysis of the global legal marijuana market with respect to various product types, species, strains, purchase channels, applications, and end-user industries. The global legal marijuana market is segmented on the basis of product type (buds/ cannabis flower and cannabis extracts), species (cannabis indica, cannabis sativa, and cannabis hybrid), strains (THC-dominant, CBD-dominant, and balanced THC and CBD), purchase channel (online and offline), application (medical, recreational, and cosmetics and others), medical application (chronic pain, mental disorders, cancer, and others), and end-use industries (pharmaceutical; food, beverages, and tobacco; personal care; and research and development centers), and geography.
Geographically, the global legal marijuana market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America region is estimated to dominate the global legal marijuana market in 2019. The large share of this region is mainly attributed to legalization of cannabis in several states in the U.S., and in Canada, changing people's attitude toward marijuana use, large base of potential marijuana consumers in the region, rising acceptance towards marijuana use for both medical and recreational purposes, and increasing investment by marijuana producers in the region.
The key players operating in the global legal marijuana market are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group, Inc. (Canada), Tilray, Inc. (Canada), Cronos Group Inc. (Canada), OrganiGram Holding Inc. (Canada), VIVO Cannabis Inc. (Canada), Tikun Olam Ltd. (Israel), The Green Organic Dutchman Holdings Ltd. (Canada), Terra Tech Corp. (U.S.), Medical Marijuana, Inc. (U.S.), Stenocare A/S (Denmark), Cannabis Science, Inc. (U.S.), and HEXO Corp. (Canada).
Scope of the report
Legal Marijuana Market, by Product Type
Buds / Cannabis Flower
Cannabis Extracts
Oil
Tinctures
Others
Legal Marijuana Market, by Species
Cannabis Indica
Cannabis Sativa
Cannabis Hybrid
Legal Marijuana Market, by Strain
THC-dominant
CBD-dominant
Balanced THC and CBD
Legal Marijuana Market, by Purchase Channel
Online
Offline
Legal Marijuana Market, by Application
Medical
Chronic Pain
Mental Disorders
Cancer
Others
Recreational
Cosmetics & Others
Legal Marijuana Market, by End-User
Pharmaceutical
Food, Beverages, and Tobacco
Personal Care
Research and Development Centres
Legal Marijuana Market, by Geography
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
The Netherlands
Rest of Europe
Asia-Pacific
Australia
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Colombia
Uruguay
Rest of Latin America
Middle East and Africa
South Africa
Israel
- 1. Introduction
- 1.1. Currency and Limitations
- 1.2. Key Stakeholders
- 2. Research Methodology
- 2.1. Research Process
- 2.1.1. Secondary Research
- 2.1.2. Primary Research
- 2.1.3. Market Size Estimation
- 3. Market Environment
- 3.1. Regulatory Analysis
- 3.2. North America
- 3.2.1. U.S.
- 3.2.2. Canada
- 3.3. Europe
- 3.3.1. Germany
- 3.3.2. U.K.
- 3.3.3. France
- 3.3.4. Italy
- 3.3.5. The Netherlands
- 3.3.6. Rest of Europe
- 3.4. Asia-Pacific
- 3.4.1. Australia
- 3.4.2. South Korea
- 3.4.3. Rest of Asia-Pacific
- 3.5. Rest of World
- 3.5.1. Latin America
- 3.5.1.1. Argentina
- 3.5.1.2. Colombia
- 3.5.1.3. Uruguay
- 3.5.1.4. Rest of Latin America
- 3.5.2. Middle East and Africa
- 3.5.2.1. South Africa
- 3.5.2.2. Israel
- 4. Industry Structure
- 5. Executive Summary
- 6. Market Insights
- 6.1. Introduction
- 6.2. Market Dynamics
- 6.2.1. Drivers
- 6.2.2. Restraints
- 6.2.3. Opportunities
- 6.2.4. Challenges
- 6.2.5. Trends
- 6.3. Market Share Analysis, by Key Player
- 7. Global Legal Marijuana Market, by Product Type
- 7.1. Introduction
- 7.2. Buds / Marijuana Flower
- 7.3. Marijuana Extracts
- 7.3.1. Oil
- 7.3.2. Tinctures
- 7.3.3. Others
- 8. Global Legal Marijuana Market, by Species
- 8.1. Introduction
- 8.2. Cannabis Indica
- 8.3. Cannabis Sativa
- 8.4. Cannabis Hybrid
- 9. Global Legal Marijuana Market, by Strains
- 9.1. Introduction
- 9.2. THC-Dominant
- 9.3. CBD-Dominant
- 9.4. Balanced THC and CBD
- 10. Global Legal Marijuana Market, by Purchase Channel
- 10.1. Introduction
- 10.2. Online
- 10.3. Offline
- 11. Global Legal Marijuana Market, by Application
- 11.1. Introduction
- 11.2. Medical
- 11.2.1. Chronic Pain
- 11.2.2. Mental Disorders
- 11.2.3. Cancer
- 11.2.4. Others
- 11.3. Recreational
- 11.4. Cosmetics and Others
- 12. Global Legal Marijuana Market, by End-User
- 12.1. Introduction
- 12.2. Pharmaceutical
- 12.3. Food, Beverages, and Tobacco
- 12.4. Personal Care
- 12.5. Research and Development Centers
- 13. Geographic Analysis
- 13.1. Introduction
- 13.2. North America
- 13.2.1. U.S.
- 13.2.2. Canada
- 13.3. Europe
- 13.3.1. Germany
- 13.3.2. U.K.
- 13.3.3. France
- 13.3.4. Italy
- 13.3.5. The Netherlands
- 13.3.6. Rest of Europe
- 13.4. Asia-Pacific
- 13.4.1. Australia
- 13.4.2. South Korea
- 13.4.3. Rest of Asia-Pacific
- 13.5. Rest of World
- 13.5.1. Latin America
- 13.5.1.1. Argentina
- 13.5.1.2. Colombia
- 13.5.1.3. Uruguay
- 13.5.1.4. Rest of Latin America
- 13.5.2. Middle East and Africa
- 13.5.2.1. South Africa
- 13.5.2.2. Israel
- 14. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
- 14.1. Canopy Growth Corporation
- 14.2. Aphria, Inc.
- 14.3. Aurora Marijuana Inc.
- 14.4. Maricann Group, Inc.
- 14.5. Tilray, Inc.
- 14.6. Cronos Group Inc.
- 14.7. OrganiGram Holding Inc.
- 14.8. VIVO Marijuana Inc.
- 14.9. Tikun Olam Ltd.
- 14.10. The Green Organic Dutchman Holdings Ltd.
- 14.11. Terra Tech Corp.
- 14.12. Medical Marijuana, Inc.
- 14.13. Stenocare A/S
- 14.14. Marijuana Science Inc.
- 14.15. HEXO Corp.
- 15. Competitive Landscape
- 15.1. Introduction
- 15.2. Divestiture, Partnership, Collaboration, and Agreement
- 15.3. Acquisition and Mergers
- 15.4. Expansion
- 15.5. Investment
- 15.6. New Product Launches
- 16. Appendix
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