Legal Marijuana Market by Type (Medical Marijuana and Recreational Marijuana), by Product Type (Buds, Oil, and Tinctures), and by Application (Chronic Pain, Mental Disorders, Cancer, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Global legal marijuana market expected to generate revenue of around USD 62,964 million by the end of 2024, growing at a CAGR of around 21% between 2018 and 2024. Increasing international focus on the legalization of marijuana for medicinal and recreational purposes for various medical conditions is propelling the growth of the legal marijuana market globally.

29-Oct-2018 | Number of pages: 110 | Report Code: ZMR-3423 | Report Format : | Status : Published

Abstract

The report covers the forecast and analysis of the legal marijuana market on a global and regional level. The study provides historical data from2015 to 2017along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the legal marijuana market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the legal marijuana market on a global level.

In order to give the users of this report a comprehensive view on the legal marijuana market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, product type, application, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Legal Marijuana Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions and mergers, new product launches, agreements, partnerships, collaborations, and joint ventures, research and development, and regional expansion of major participants involved in the market on a global and regional basis. 

The study provides a decisive view of the legal marijuana market by segmenting the market based on product, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries.

Some of the leading players in legal marijuana market include Canopy Aphria, Inc., Aurora Cannabis, Growth Corporation, Tilray, Maricann Group, Inc., Meadow Care, Organigram Holdings, Inc., The Cronos Group, ABcann Medicinals, Inc., Folium Biosciences, Tikun Olam, IRIE CBD, Elixinol, Bhang Corporation, CV Sciences, and CBD American Shaman.

This report segments the global legal marijuana market as follows:

Global Legal Marijuana Market: Type Segment Analysis

  • Legal Marijuana
  • Recreational Marijuana

Global Legal Marijuana Market: Product Type Segment Analysis

  • Buds
  • Oil
  • Tinctures

Global Legal Marijuana Market: Application Segment Analysis

  • Chronic Pain
  • Mental Disorders
  • Cancer
  • Others

Global Legal Marijuana Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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