HEALTHCARE
Global Legal Marijuana Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Legal Marijuana Market, By Species (Sativa, Indica, Hybrid), Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC & CBD), Type (Recreational Marijuana, Medical Marijuana), Application (Chronic Pain, Mental Disorders, Cancer, Others), Mode of Delivery (Capsules, Concentrates, Edibles, Others), Product Type (Buds/marijuana Flower, Cannabis Extracts, Oil, Tinctures, Others), Purchase Channel (Online, Offline), End-User (Pharmaceutical, Food, Beverages, Tobacco, Personal Care, Research and Development Centers), Application (Chronic Pain, Mental Disorders, Cancer, Others), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
Market Dynamics
- Growing recognition of medical benefits.
- Increase in consumer demand for recreational use.
- Regulatory and legal challenges.
- Social stigma associated with marijuana use
- Development of new therapeutic applications.
- Potential for significant tax revenues for governments.
- Navigating complex regulatory environments.
- Ensuring product quality and safety.
SEGMENTATION
- Species
- Sativa
- Indica
- Hybrid
- Compound
- Tetrahydrocannabinol (THC)-Dominant
- Cannabidiol (CBD)-Dominant
- Balanced THC & CBD
- Type
- Recreational Marijuana
- Medical Marijuana
- Application
- Chronic Pain
- Mental Disorders
- Cancer
- Others
- Mode of Delivery
- Capsules
- Concentrates
- Edibles
- Others
- Product Type
- Buds/marijuana Flower
- Cannabis Extracts
- Oil
- Tinctures
- Others
- Purchase Channel
- Online
- Offline
- End-User
- Pharmaceutical
- Food
- Beverages
- Tobacco
- Personal Care
- Research and Development Centers
- Application
- Chronic Pain
- Mental Disorders
- Cancer
- Others
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Canopy Growth Corporation
- AURORA CANNABIS INC.
- Tilray Brands Inc.
- ABcann Medicinals, Inc.
- The Cronos Group
- MARICANN INC.
- Organigram Holdings Inc.
- Lexaria Bioscience
- GW Pharmaceuticals
- Tikun Olam
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Legal Marijuana Market, by Species
- 3.2 Global Legal Marijuana Market, by Compound
- 3.3 Global Legal Marijuana Market, by Type
- 3.4 Global Legal Marijuana Market, by Application
- 3.5 Global Legal Marijuana Market, by Mode of Delivery
- 3.6 Global Legal Marijuana Market, by Product Type
- 3.7 Global Legal Marijuana Market, by Purchase Channel
- 3.8 Global Legal Marijuana Market, by End-User
- 3.9 Global Legal Marijuana Market, by Application
- 3.10 Global Legal Marijuana Market, by Geography
- 3.11 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Advancement in Cultivation Technology.
- 5.1.2 Increasing Legalization and decriminalization across various regions.
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Growing recognition of medical benefits.
- 5.2.2 Increase in consumer demand for recreational use.
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Regulatory and legal challenges.
- 5.3.2 Social stigma associated with marijuana use
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Development of new therapeutic applications.
- 5.4.2 Potential for significant tax revenues for governments.
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Navigating complex regulatory environments.
- 5.5.2 Ensuring product quality and safety.
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL LEGAL MARIJUANA MARKET, BY SPECIES
- 6.1 Species Summary
- 6.2 Market Attractive Index
- 6.3 Global Legal Marijuana Market, by Species (2019-2032)
- SECTION 7 - GLOBAL LEGAL MARIJUANA MARKET, BY COMPOUND
- 7.1 Compound Summary
- 7.2 Market Attractive Index
- 7.3 Global Legal Marijuana Market, by Compound (2019-2032)
- SECTION 8 - GLOBAL LEGAL MARIJUANA MARKET, BY TYPE
- 8.1 Type Summary
- 8.2 Market Attractive Index
- 8.3 Global Legal Marijuana Market, by Type (2019-2032)
- SECTION 9 - GLOBAL LEGAL MARIJUANA MARKET, BY APPLICATION
- 9.1 Application Summary
- 9.2 Market Attractive Index
- 9.3 Global Legal Marijuana Market, by Application (2019-2032)
- SECTION 10 - GLOBAL LEGAL MARIJUANA MARKET, BY MODE OF DELIVERY
- 10.1 Mode of Delivery Summary
- 10.2 Market Attractive Index
- 10.3 Global Legal Marijuana Market, by Mode of Delivery (2019-2032)
- SECTION 11 - GLOBAL LEGAL MARIJUANA MARKET, BY PRODUCT TYPE
- 11.1 Product Type Summary
- 11.2 Market Attractive Index
- 11.3 Global Legal Marijuana Market, by Product Type (2019-2032)
- SECTION 12 - GLOBAL LEGAL MARIJUANA MARKET, BY PURCHASE CHANNEL
- 12.1 Purchase Channel Summary
- 12.2 Market Attractive Index
- 12.3 Global Legal Marijuana Market, by Purchase Channel (2019-2032)
- SECTION 13 - GLOBAL LEGAL MARIJUANA MARKET, BY END-USER
- 13.1 End-User Summary
- 13.2 Market Attractive Index
- 13.3 Global Legal Marijuana Market, by End-User (2019-2032)
- SECTION 14 - GLOBAL LEGAL MARIJUANA MARKET, BY APPLICATION
- 14.1 Application Summary
- 14.2 Market Attractive Index
- 14.3 Global Legal Marijuana Market, by Application (2019-2032)
- SECTION 15 - GLOBAL LEGAL MARIJUANA MARKET, BY GEOGRAPHY
- 15.1 Regional Summary
- 15.2 Market Attractive Index
- 15.3 Global Legal Marijuana Market, by Geography (2019-2032)
- SECTION 16 - NORTH AMERICA LEGAL MARIJUANA MARKET
- 16.1 North America Summary
- 16.2 Market Attractive Index
- 16.3 North America Legal Marijuana Market, by Species (2019-2032)
- 16.4 North America Legal Marijuana Market, by Compound (2019-2032)
- 16.5 North America Legal Marijuana Market, by Type (2019-2032)
- 16.6 North America Legal Marijuana Market, by Application (2019-2032)
- 16.7 North America Legal Marijuana Market, by Mode of Delivery (2019-2032)
- 16.8 North America Legal Marijuana Market, by Product Type (2019-2032)
- 16.9 North America Legal Marijuana Market, by Purchase Channel (2019-2032)
- 16.10 North America Legal Marijuana Market, by End-User (2019-2032)
- 16.11 North America Legal Marijuana Market, by Application (2019-2032)
- 16.12 North America Legal Marijuana Market, by Country (2019-2032)
- 16.12.1 U.S.
- 16.12.2 Canada
- 16.12.3 Mexico
- 16.12.4 Rest of North America
- SECTION 17 - EUROPE LEGAL MARIJUANA MARKET
- 17.1 Europe Summary
- 17.2 Market Attractive Index
- 17.3 Europe Legal Marijuana Market, by Species (2019-2032)
- 17.4 Europe Legal Marijuana Market, by Compound (2019-2032)
- 17.5 Europe Legal Marijuana Market, by Type (2019-2032)
- 17.6 Europe Legal Marijuana Market, by Application (2019-2032)
- 17.7 Europe Legal Marijuana Market, by Mode of Delivery (2019-2032)
- 17.8 Europe Legal Marijuana Market, by Product Type (2019-2032)
- 17.9 Europe Legal Marijuana Market, by Purchase Channel (2019-2032)
- 17.10 Europe Legal Marijuana Market, by End-User (2019-2032)
- 17.11 Europe Legal Marijuana Market, by Application (2019-2032)
- 17.12 Europe Legal Marijuana Market, by Country (2019-2032)
- 17.12.1 Germany
- 17.12.2 U.K.
- 17.12.3 France
- 17.12.4 Italy
- 17.12.5 Spain
- 17.12.6 Russia
- 17.12.7 The Netherlands
- 17.12.8 Belgium
- 17.12.9 Turkey
- 17.12.10 Rest of Europe
- SECTION 18 - ASIA-PACIFIC LEGAL MARIJUANA MARKET
- 18.1 Asia-Pacific Summary
- 18.2 Market Attractive Index
- 18.3 Asia-Pacific Legal Marijuana Market, by Species (2019-2032)
- 18.4 Asia-Pacific Legal Marijuana Market, by Compound (2019-2032)
- 18.5 Asia-Pacific Legal Marijuana Market, by Type (2019-2032)
- 18.6 Asia-Pacific Legal Marijuana Market, by Application (2019-2032)
- 18.7 Asia-Pacific Legal Marijuana Market, by Mode of Delivery (2019-2032)
- 18.8 Asia-Pacific Legal Marijuana Market, by Product Type (2019-2032)
- 18.9 Asia-Pacific Legal Marijuana Market, by Purchase Channel (2019-2032)
- 18.10 Asia-Pacific Legal Marijuana Market, by End-User (2019-2032)
- 18.11 Asia-Pacific Legal Marijuana Market, by Application (2019-2032)
- 18.12 Asia-Pacific Legal Marijuana Market, by Country (2019-2032)
- 18.12.1 China
- 18.12.2 India
- 18.12.3 Japan
- 18.12.4 South Korea
- 18.12.5 Singapore
- 18.12.6 Malaysia
- 18.12.7 Australia
- 18.12.8 Thailand
- 18.12.9 Philippines
- 18.12.10 Rest of Asia-Pacific
- SECTION 19 - SOUTH AMERICA LEGAL MARIJUANA MARKET
- 19.1 South America Summary
- 19.2 Market Attractive Index
- 19.3 South America Legal Marijuana Market, by Species (2019-2032)
- 19.4 South America Legal Marijuana Market, by Compound (2019-2032)
- 19.5 South America Legal Marijuana Market, by Type (2019-2032)
- 19.6 South America Legal Marijuana Market, by Application (2019-2032)
- 19.7 South America Legal Marijuana Market, by Mode of Delivery (2019-2032)
- 19.8 South America Legal Marijuana Market, by Product Type (2019-2032)
- 19.9 South America Legal Marijuana Market, by Purchase Channel (2019-2032)
- 19.10 South America Legal Marijuana Market, by End-User (2019-2032)
- 19.11 South America Legal Marijuana Market, by Application (2019-2032)
- 19.12 South America Legal Marijuana Market, by Country (2019-2032)
- 19.12.1 Brazil
- 19.12.2 Argentina
- 19.12.3 Chile
- 19.12.4 Colombia
- 19.12.5 Rest of South America
- SECTION 20 - MIDDLE EAST AND AFRICA LEGAL MARIJUANA MARKET
- 20.1 Middle East and Africa Summary
- 20.2 Market Attractive Index
- 20.3 Middle East and Africa Legal Marijuana Market, by Species (2019-2032)
- 20.4 Middle East and Africa Legal Marijuana Market, by Compound (2019-2032)
- 20.5 Middle East and Africa Legal Marijuana Market, by Type (2019-2032)
- 20.6 Middle East and Africa Legal Marijuana Market, by Application (2019-2032)
- 20.7 Middle East and Africa Legal Marijuana Market, by Mode of Delivery (2019-2032)
- 20.8 Middle East and Africa Legal Marijuana Market, by Product Type (2019-2032)
- 20.9 Middle East and Africa Legal Marijuana Market, by Purchase Channel (2019-2032)
- 20.10 Middle East and Africa Legal Marijuana Market, by End-User (2019-2032)
- 20.11 Middle East and Africa Legal Marijuana Market, by Application (2019-2032)
- 20.12 Middle East and Africa Legal Marijuana Market, by Country (2019-2032)
- 20.12.1 Kingdom of Saudi Arabia
- 20.12.2 South Africa
- 20.12.3 U.A.E.
- 20.12.4 Egypt
- 20.12.5 Rest of Middle East and Africa
- SECTION 21 - COMPANY SHARE ANALYSIS
- 21.1 Global Legal Marijuana Market, Company Share Analysis
- 21.2 North America Legal Marijuana Market, Company Share Analysis
- 21.3 Europe Legal Marijuana Market, Company Share Analysis
- 21.4 Asia-Pacific Legal Marijuana Market, Company Share Analysis
- SECTION 22 - COMPANY PROFILES
- 22.1 Canopy Growth Corporation
- 22.1.1 Company Snapshot
- 22.1.2 Financial Overview
- 22.1.3 Product Portfolio
- 22.1.4 Recent Developments
- 22.2 AURORA CANNABIS INC.
- 22.2.1 Company Snapshot
- 22.2.2 Financial Overview
- 22.2.3 Product Portfolio
- 22.2.4 Recent Developments
- 22.3 Tilray Brands Inc.
- 22.3.1 Company Snapshot
- 22.3.2 Financial Overview
- 22.3.3 Product Portfolio
- 22.3.4 Recent Developments
- 22.4 ABcann Medicinals, Inc.
- 22.4.1 Company Snapshot
- 22.4.2 Financial Overview
- 22.4.3 Product Portfolio
- 22.4.4 Recent Developments
- 22.5 The Cronos Group
- 22.5.1 Company Snapshot
- 22.5.2 Financial Overview
- 22.5.3 Product Portfolio
- 22.5.4 Recent Developments
- 22.6 MARICANN INC.
- 22.6.1 Company Snapshot
- 22.6.2 Financial Overview
- 22.6.3 Product Portfolio
- 22.6.4 Recent Developments
- 22.7 Organigram Holdings Inc.
- 22.7.1 Company Snapshot
- 22.7.2 Financial Overview
- 22.7.3 Product Portfolio
- 22.7.4 Recent Developments
- 22.8 Lexaria Bioscience
- 22.8.1 Company Snapshot
- 22.8.2 Financial Overview
- 22.8.3 Product Portfolio
- 22.8.4 Recent Developments
- 22.9 GW Pharmaceuticals
- 22.9.1 Company Snapshot
- 22.9.2 Financial Overview
- 22.9.3 Product Portfolio
- 22.9.4 Recent Developments
- 22.10 Tikun Olam
- 22.10.1 Company Snapshot
- 22.10.2 Financial Overview
- 22.10.3 Product Portfolio
- 22.10.4 Recent Developments
- SECTION 23 - RELATED REPORTS
- SECTION 24 - DISCLAIMER
RESEARCH METHODOLOGY
RESEARCH AND DATA COLLECTION
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.