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Cannabis Edibles - Global Strategic Business Report

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    Report

  • 201 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139744

Global Cannabis Edibles Market to Reach $43.6 Billion by 2030

The global market for Cannabis Edibles estimated at US$10.8 Billion in the year 2023, is projected to reach a revised size of US$43.6 Billion by 2030, growing at a CAGR of 19% over the analysis period 2023-2030. Solid Cannabis Edibles, one of the segments analyzed in the report, is expected to record 19.2% CAGR and reach US$34.2 Billion by the end of the analysis period. Growth in the Liquid Cannabis Edibles segment is estimated at 18.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.5 Billion, While China is Forecast to Grow at 18.4% CAGR

The Cannabis Edibles market in the U.S. is estimated at US$3.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$7.4 Billion by the year 2030 trailing a CAGR of 18.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.8% and 16% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR.

Report Features

  • Full access to influencer engagement stats
  • Access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 56 Featured) -

  • Bhang Corporation
  • Cannabis Energy Drink
  • Kiva Confections
  • Mentor Capital, Inc.
  • VCC BRANDS

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Cannabis Edibles - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Cannabis Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Cannabis Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Cannabis Edibles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Solid Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Solid Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Solid Edibles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Topical Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Topical Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Topical Edibles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Inhalation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Inhalation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Inhalation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Liquid Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Liquid Edibles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Liquid Edibles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 16: World Cannabis Edibles Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 17: USA Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 18: USA Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: USA 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
CANADA
  • Table 20: Canada Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: Canada Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: Canada 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
JAPAN
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 23: Japan Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 24: Japan Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: Japan 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
CHINA
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 26: China Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: China Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: China 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
EUROPE
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 29: Europe Recent Past, Current & Future Analysis for Cannabis Edibles by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 30: Europe Historic Review for Cannabis Edibles by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: Europe 16-Year Perspective for Cannabis Edibles by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: Europe Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: Europe 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
FRANCE
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 35: France Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 36: France Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: France 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
GERMANY
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 38: Germany Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: Germany Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: Germany 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
ITALY
  • Table 41: Italy Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 42: Italy Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: Italy 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 44: UK Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: UK Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 46: UK 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Table 47: Rest of Europe Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 48: Rest of Europe Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 49: Rest of Europe 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Cannabis Edibles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 50: Asia-Pacific Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Asia-Pacific Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 52: Asia-Pacific 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
REST OF WORLD
  • Table 53: Rest of World Recent Past, Current & Future Analysis for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 54: Rest of World Historic Review for Cannabis Edibles by Type - Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 55: Rest of World 16-Year Perspective for Cannabis Edibles by Type - Percentage Breakdown of Value Sales for Solid Edibles, Liquid Edibles, Topical Edibles and Inhalation for the Years 2014, 2023 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bhang Corporation
  • Cannabis Energy Drink
  • Kiva Confections
  • Mentor Capital, Inc.
  • VCC BRANDS

Table Information