Cannabis Market Intelligence Report - Global Forecast to 2027

Cannabis Market Intelligence Report - Global Forecast to 2027

The Global Cannabis Market is projected to reach USD 88,447.05 million by 2027 from USD 20,406.47 million in 2021, at a CAGR 27.68% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Cannabis Market size was estimated at USD 7,334.10 million in 2021 and expected to reach USD 9,077.90 million in 2022, at a CAGR 26.82% to reach USD 30,525.42 million by 2027.
• The Asia-Pacific Cannabis Market size was estimated at USD 5,606.68 million in 2021 and expected to reach USD 7,217.34 million in 2022, at a CAGR 28.47% to reach USD 25,210.70 million by 2027.
• The Europe, Middle East & Africa Cannabis Market size was estimated at USD 7,465.69 million in 2021 and expected to reach USD 9,483.24 million in 2022, at a CAGR 27.91% to reach USD 32,710.92 million by 2027.

Market Segmentation & Coverage:

The report on cannabis identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the cannabis to forecast the revenues and analyze the trends in each of the following sub-markets:

Form:

• Concentrated Oil
• Cream
• Food Additive
• Inhaled Liquids
• Supplement Capsule
• Tincture Spray

Product Type:

• Concentrates
• Flower
• leaves
• Seeds

Compound:

• Balanced THC & CBD
• Cannabidiol (CBD)-Dominant
• Tetrahydrocannabinol (THC)-Dominant

Source:

• Non-Organic
• Organic

Distribution Channel:

• Offline
• Online

Application:

• Cosmetics & Personal Care
• Food & Beverage
• Medical & Pharmaceuticals
• Pet Care
• Recreational

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Acreage Holdings
• Aurora Cannabis Inc.
• Cannabis Science Inc.
• CannTrust Holdings
• Canopy Growth Corporation
• Chronos Group Inc.
• Curaleaf Holdings, Inc.
• Green Thumb Industries Inc.
• GW Pharmaceuticals PLC
• Harvest Health & Recreation Inc.
• HEXO Corporation
• Medical Marijuana, Inc.
• MedMen
• Organigram Holdings Inc.
• StenoCare A/S
• Terra Tech Corp.
• Tikun Olam
• Tilray Inc.
• Trulieve Cannabis
• Vivo Cannabis Inc.

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 20,406.47 million

Estimated Year Value: USD 25,778.49 million

Forecast Year Value: USD 88,447.05 million

CAGR (%): 27.68%.

Please Note: PDF & Excel + Online Access - 1 Year