Global Legalized Cannabis Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Legalized Cannabis Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Legalized Cannabis market size was valued at USD 20490 million in 2023 and is forecast to a readjusted size of USD 38380 million by 2030 with a CAGR of 9.4% during review period.

Though cannabis is popular across the globe, it is an illegally utilized drug as its use for various purposes is banned by myriad governments worldwide. The product is referred by names such as marijuana and hemp. In fact, hemp is used for psychological disorders as it has non-psychotic effects on the patients. Marijuana is used for medical or therapeutic purpose as well as recreational use.

The Global Info Research report includes an overview of the development of the Legalized Cannabis industry chain, the market status of Entertainment Venue (Cannabis Herb, Cannabis Resin), Medical Institutions (Cannabis Herb, Cannabis Resin), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Legalized Cannabis.

Regionally, the report analyzes the Legalized Cannabis markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Legalized Cannabis market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Legalized Cannabis market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Legalized Cannabis industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Cannabis Herb, Cannabis Resin).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Legalized Cannabis market.

Regional Analysis: The report involves examining the Legalized Cannabis market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Legalized Cannabis market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Legalized Cannabis:

Company Analysis: Report covers individual Legalized Cannabis manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Legalized Cannabis This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Entertainment Venue, Medical Institutions).

Technology Analysis: Report covers specific technologies relevant to Legalized Cannabis. It assesses the current state, advancements, and potential future developments in Legalized Cannabis areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Legalized Cannabis market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Legalized Cannabis market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Cannabis Herb
Cannabis Resin
Other

Market segment by Application
Entertainment Venue
Medical Institutions
Other

Major players covered
Dixie Elixirs
Cronos Group
Canopy Growth
Aurora Cannabis
ABcann Medicinals
Aphria
Maricann Group
ABcann Medicinals

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Legalized Cannabis product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Legalized Cannabis, with price, sales, revenue and global market share of Legalized Cannabis from 2019 to 2024.

Chapter 3, the Legalized Cannabis competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Legalized Cannabis breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Legalized Cannabis market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Legalized Cannabis.

Chapter 14 and 15, to describe Legalized Cannabis sales channel, distributors, customers, research findings and conclusion.