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Cannabis Market, Global Outlook and Forecast 2022-2028

Cannabis Market, Global Outlook and Forecast 2022-2028

  • Published on : 12 July 2022
  • Pages :71
  • Report Code:SMR-7201909

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Report overview

Cannabis, also known as marijuana among other names, is a psychoactive drug from the?Cannabis?plant used primarily for medical or recreational purposes.
This report contains market size and forecasts of Cannabis in global, including the following market information:
  • Global Cannabis Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global Cannabis Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Cannabis companies in 2021 (%)
The global Cannabis market was valued at 10210 million in 2021 and is projected to reach US$ 30010 million by 2028, at a CAGR of 16.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Flower Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cannabis include Canopy Growth Corporation (Canada), Aurora Cannabis Inc. (Canada), Cannabis Science Inc. (US), Aphria Inc. (Canada), Medical Marijuana, Mentor Capital, CBD American Shaman, CV Sciences and FOLIUM BIOSCIENCES, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Cannabis manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cannabis Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cannabis Market Segment Percentages, by Type, 2021 (%)
  • Flower
  • Concentrates
Global Cannabis Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cannabis Market Segment Percentages, by Application, 2021 (%)
  • Medical
  • Recreational
Global Cannabis Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cannabis Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Cannabis revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Cannabis revenues share in global market, 2021 (%)
  • Key companies Cannabis sales in global market, 2017-2022 (Estimated), (K MT)
  • Key companies Cannabis sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Canopy Growth Corporation (Canada)
  • Aurora Cannabis Inc. (Canada)
  • Cannabis Science Inc. (US)
  • Aphria Inc. (Canada)
  • Medical Marijuana
  • Mentor Capital
  • CBD American Shaman
  • CV Sciences
  • FOLIUM BIOSCIENCES
  • IRIE CBD
  • Meadow Care
  • Pharmahemp
  • Terra Tech
  • NuLeaf Naturals