Legal Marijuana Market Size, Analysis and Forecast 2031
The Legal Marijuana Market in 2023 is US$ 20.98 billion, and is expected to reach US$ 130.09 billion by 2031 at a CAGR of 25.62%.
FutureWise Research published a report that analyzes Legal Marijuana Market trends to predict the market's growth. The report begins with a description of the business environment and explains the commercial summary of the chain structure. Based on the market trends and driving factors presented in the report, clients will be able to plan the roadmap for their products and services taking into account various socio-economic factors.
Additionally, it illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This Legal Marijuana research report provides insights on market overview, market segmentation, current and future pricing, growth analysis, competitive landscape and other such premium insights within the forecast period.
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Legal Marijuana Market Segmentation:
By Product Type
· Buds / marijuana Flower
· Cannabis Extracts
o Oil
o Tinctures
o Others
By Species
· Cannabis Indica
· Cannabis Sativa
· Cannabis Hybrid
By Strain
· THC-dominant
· CBD-dominant
· Balanced THC and CBD
By Purchase Channel
· Online
· Offline
By Application
· Medical
o Chronic Pain
o Mental Disorders
o Cancer
o Others
· Recreational
· Cosmetics and Others
By End-User
· Pharmaceutical
· Food, Beverages, and Tobacco
· Personal Care
· Research and Development Centres
By Region
· North America
· Latin America
· Europe
· Asia-Pacific
· Middle East and Africa
Major Players included in the Legal Marijuana Market:
· Canopy Growth Corporation
· Aphria, Inc.
· Aurora Marijuana Inc.
· Maricann Group, Inc.
· Tilray, Inc.
· Cronos Group Inc.
· OrganiGram Holding Inc.
· VIVO Marijuana Inc.
· Tikun Olam Ltd.
· The Green Organic Dutchman Holdings Ltd.
· Terra Tech Corp.
· Medical Cannabis, Inc.
· Stenocare A/S
· Cannabis Science Inc.
· HEXO Corp.
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Competitive Landscape:
· Tier one players - market players with a significant share of the market
· Tier two players
· Players with rapid growth
· New Entries
FutureWise Key Takeaways:
• Prospects for growth
• Analysis of SWOT
• Key trends
• Key Data-points affecting market growth
Objectives of the Study:
• To provide report with an in-depth analysis of the Legal Marijuana Market By Product Type, By Species, By Strain, By Purchase Channel, By Application, By End User and By Region
• To offer data-points and comprehensive data on factors affecting the market (Opportunities, drivers, and industry-specific restraints)
• Analysis and forecasting of micro-markets, as well as the scope of the market.
• To predict the size and share, market forecast, in key regions — North America, Europe, Asia Pacific, and rest of the world
• To record and evaluate competition -mergers and expansions, product launches, and technological advancements within the market
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• With our flexible delivery model, you will be able to suggest changes within the scope/table of content based on your requirement.
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• Customization requests can be sent directly to: sales@futurewiseresearch.com
FutureWise Research:
Contact Person: Vinay T.
Email: sales@futurewiseresearch.com
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