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Cannabis Market Report

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    Report

  • 46 Pages
  • August 2025
  • Region: Global
  • GlobalData
  • ID: 6178647
Global Cannabis industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Cannabis refers to a group of three psychoactive plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Our market scope includes both recreational and medicinal uses of cannabis, which are governed by regulated operations. This encompasses licensing, taxation, and strict adherence to safety standards. Market value refers to revenue generated by market players in a specific year.
  • The global cannabis market recorded revenues of $47.67 billion in 2024, representing a compound annual growth rate (CAGR) of 20.6% between 2019 and 2024.
  • The recreational use segment accounted for the market's largest proportion in 2024, with total revenues of $28.36 billion, equivalent to 59.5% of the market's overall value.
  • North America accounted for the largest share of 82.0% of the global cannabis market in 2024.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cannabis market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globalcannabis market
  • Leading company profiles reveal details of key cannabis market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global cannabis market with five year forecasts

Reasons to Buy

  • What was the size of the Global cannabis market by value in 2024?
  • What will be the size of the Global cannabis market in 2029?
  • What factors are affecting the strength of competition in the Global cannabis market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's cannabis market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Tilray Brands Inc
8.2. Green Thumb Industries Inc
8.3. Canopy Growth Corp
8.4. Aurora Cannabis Inc
8.5. Curaleaf Holdings Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: Global cannabis market value: $ million, 2019-24
Table 2: Global cannabis market category segmentation: % share, by value, 2019-24
Table 3: Global cannabis market category segmentation: $ million, 2019-24
Table 4: Global cannabis market geography segmentation: $ million, 2024
Table 5: Global cannabis market value forecast: $ million, 2024-29
Table 6: Tilray Brands Inc: Key Facts
Table 7: Tilray Brands Inc: annual financial ratios
Table 8: Tilray Brands Inc: key employees
Table 9: Green Thumb Industries Inc: Key Facts
Table 10: Green Thumb Industries Inc: annual financial ratios
Table 11: Green Thumb Industries Inc: key employees
Table 12: Canopy Growth Corp: Key Facts
Table 13: Canopy Growth Corp: annual financial ratios
Table 14: Canopy Growth Corp: key employees
Table 15: Aurora Cannabis Inc: Key Facts
Table 16: Aurora Cannabis Inc: annual financial ratios
Table 17: Aurora Cannabis Inc: key employees
Table 18: Curaleaf Holdings Inc: Key Facts
Table 19: Curaleaf Holdings Inc: annual financial ratios
Table 20: Curaleaf Holdings Inc: key employees
Table 21: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global cannabis market value: $ million, 2019-24
Figure 2: Global cannabis market category segmentation: $ million, 2019-24
Figure 3: Global cannabis market geography segmentation: % share, by value, 2024
Figure 4: Global cannabis market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the global cannabis market, 2024
Figure 6: Drivers of buyer power in the global cannabis market, 2024
Figure 7: Drivers of supplier power in the global cannabis market, 2024
Figure 8: Factors influencing the likelihood of new entrants in the global cannabis market, 2024
Figure 9: Factors influencing the threat of substitutes in the global cannabis market, 2024
Figure 10: Drivers of degree of rivalry in the global cannabis market, 2024

Companies Mentioned (Partial List)

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

  • Tilray Brands Inc
  • Green Thumb Industries Inc
  • Canopy Growth Corp
  • Aurora Cannabis Inc
  • Curaleaf Holdings Inc