Legal Marijuana Market Size, Share, And Growth Report 2032
Legal Marijuana Market - By Application (Chronic Pain, Mental Disorders, and Cancer), By Type (Medical Marijuana and Recreational Marijuana), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 20.77 Billion | USD 162.72 Billion | 25.7% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodulogy
- 1.3.1. Market Research Type
- 1.3.2. Market Research Methodulogy
- Chapter 2. Executive Summary
- 2.1. Legal Marijuana Market, 2018–2028(USD Billion)
- 2.2. Legal Marijuana Market: Snapshot
- Chapter 3. Global Legal Marijuana Market– Industry Analysis
- 3.1. Legal Marijuana Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Legalization of marijuana in countries such as Canada, Uruguay, and the U.S. along with its utilization for treating cancer, Parkinson, stress, Alzheimer, neurulogical conditions, and arthritis will steer growth of legal marijuana market.
- 3.2.2. Increase in proficient pain management activities for treating patients having chronic pain in geriatric persons as well as adult persons will drive business landscape.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Application
- 3.4.2. Market attractiveness analysis By Type
- Chapter 4. Global Legal Marijuana Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Legal Marijuana Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Legal Marijuana Market– Application Analysis
- 5.1. Global Legal Marijuana Market overview: By Application
- 5.1.1. Global Legal Marijuana Market share, By Application, 2020 and 2028
- 5.2. Chronic Pain
- 5.2.1. Global Legal Marijuana Market by Chronic Pain, 2018–2028(USD Billion)
- 5.3. Mental Disorders
- 5.3.1. Global Legal Marijuana Market by Mental Disorders, 2018–2028(USD Billion)
- 5.4. Cancer
- 5.4.1. Global Legal Marijuana Market by Cancer, 2018–2028(USD Billion)
- 5.1. Global Legal Marijuana Market overview: By Application
- Chapter 6. Global Legal Marijuana Market– Type Analysis
- 6.1. Global Legal Marijuana Market overview: By Type
- 6.1.1. Global Legal Marijuana Market share, By Type, 2020 and 2028
- 6.2. Medical Marijuana
- 6.2.1. Global Legal Marijuana Market by Medical Marijuana, 2018–2028(USD Billion)
- 6.3. Recreational Marijuana
- 6.3.1. Global Legal Marijuana Market by Recreational Marijuana, 2018–2028(USD Billion)
- 6.1. Global Legal Marijuana Market overview: By Type
- Chapter 7. Company Profiles
- 7.1. Canopy Aphria, Inc.
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Product Portfulio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. CV Sciences
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Product Portfulio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Aurora Cannabis
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Product Portfulio
- 7.3.4. Business Strategy
- 7.3.5. Recent Development
- 7.4. Growth Corporation
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Product Portfulio
- 7.4.4. Business Strategy
- 7.4.5. Recent Development
- 7.5. Tilray
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Product Portfulio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. Maricann Group, Inc.
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Product Portfulio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. Meadow Care
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Portfulio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. Bhang Corporation
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Product Portfulio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. Organigram Huldings, Inc.
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product Portfulio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.10. IRIE CBD
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Product Portfulio
- 7.10.4. Business Strategy
- 7.10.5. Recent Development
- 7.11. The Cronos Group
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Product Portfulio
- 7.11.4. Business Strategy
- 7.11.5. Recent Development
- 7.12. ABcann Medicinals, Inc.
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Product Portfulio
- 7.12.4. Business Strategy
- 7.12.5. Recent Development
- 7.13. Fulium Biosciences
- 7.13.1. Overview
- 7.13.2. Financials
- 7.13.3. Product Portfulio
- 7.13.4. Business Strategy
- 7.13.5. Recent Development
- 7.14. CBD American Shaman
- 7.14.1. Overview
- 7.14.2. Financials
- 7.14.3. Product Portfulio
- 7.14.4. Business Strategy
- 7.14.5. Recent Development
- 7.15. Elixinul
- 7.15.1. Overview
- 7.15.2. Financials
- 7.15.3. Product Portfulio
- 7.15.4. Business Strategy
- 7.15.5. Recent Development
- 7.16. Tikun Olam
- 7.16.1. Overview
- 7.16.2. Financials
- 7.16.3. Product Portfulio
- 7.16.4. Business Strategy
- 7.16.5. Recent Development
- 7.1. Canopy Aphria, Inc.
Table Of Figures
List of Figures
1. Market research Type
2. Market research methodology
3. Global Legal Marijuana Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Legal Marijuana Marketattractiveness, By Application
6. Global Legal Marijuana Marketattractiveness, By Type
7. Global Legal Marijuana Marketshare by Application ,2020 and 2028 (USD Billion)
8. Global Legal Marijuana Marketby Chronic Pain, 2018–2028(USD Billion)
9. Global Legal Marijuana Marketby Mental Disorders, 2018–2028(USD Billion)
10. Global Legal Marijuana Marketby Cancer, 2018–2028(USD Billion)
11. Global Legal Marijuana Marketshare by Type,2020 and 2028 (USD Billion)
12. Global Legal Marijuana Marketby Medical Marijuana, 2018–2028(USD Billion)
13. Global Legal Marijuana Marketby Recreational Marijuana, 2018–2028(USD Billion)
14. Global Legal Marijuana Marketshare, by Region, 2020 and 2028
15. North America Legal Marijuana Market, 2018–2028(USD Billion)
16. Europe Legal Marijuana Market, 2018–2028(USD Billion)
17. Asia Pacific Legal Marijuana Market, 2018–2028(USD Billion)
18. Latin America Legal Marijuana Market, 2018–2028(USD Billion)
19. The Middle East and Africa Legal Marijuana Market, 2018–2028(USD Billion)
Table Of Tables
List of Tables
1. Global Legal Marijuana Market: snapshot
2. Drivers of the Legal Marijuana Market: impact analysis
3. North America Legal Marijuana Market revenue, By Application ,2018–2028(USD Billion)
4. North America Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
5. The U.S. Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
6. The U.S. Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
7. Rest of North America Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
8. Rest of North America Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
9. Europe Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
10. Europe Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
11. UK Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
12. UK Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
13. France Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
14. France Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
15. Germany Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
16. Germany Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
17. Rest of Europe Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
18. Rest of Europe Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
19. Asia Pacific Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
20. Asia Pacific Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
21. China Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
22. China Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
23. Japan Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
24. Japan Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
25. India Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
26. India Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
27. Rest of Asia Pacific Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
28. Rest of Asia Pacific Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
29. Latin America Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
30. Latin America Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
31. Brazil Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
32. Brazil Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
33. Rest of Latin America Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
34. Rest of Latin America Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
35. The Middle East and Africa Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
36. The Middle East and Africa Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
37. Saudi Arabia Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
38. Saudi Arabia Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
39. South Africa Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
40. South Africa Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Legal Marijuana Market Revenue, By Application ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Legal Marijuana Market Revenue, By Type ,2018–2028(USD Billion)
Methodology
FrequentlyAsked Questions
Legal marijuana refers to cannabis that is authorized for medical or recreational use under the laws of a specific jurisdiction. It is regulated to ensure safe consumption, quality control, and compliance with legal standards.
According to study, the Legal Marijuana Market size was worth around USD 20.77 billion in 2023 and is predicted to grow to around USD 162.72 billion by 2032.
The CAGR value of Legal Marijuana Market is expected to be around 25.7% during 2024-2032.
North America has been leading the Legal Marijuana Market and is anticipated to continue on the dominant position in the years to come.
The Legal Marijuana Market is led by players like Canopy Aphria, Inc., CV Sciences, Aurora Cannabis, Growth Corporation, Tilray, Maricann Group, Inc., Meadow Care, Bhang Corporation, Organigram Holdings, Inc., IRIE CBD, The Cronos Group, ABcann Medicinals, Inc., Folium Biosciences, Tikun Olam, Elixinol, and CBD American Shaman.
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