Legalize Marijuana Market, Global Outlook and Forecast 2024-2031

Report ID: 1568589 | Published Date: Jan 2025 | No. of Page: 70 | Base Year: 2024 | Rating: 4 | Webstory: Check our Web story

Though cannabis is popular across the globe, it is an illegally utilized drug as its use for various purposes is banned by myriad governments worldwide. The product is referred by names such as marijuana and hemp. In fact, hemp is used for psychological disorders as it has non-psychotic effects on the patients. Marijuana is used for medical or therapeutic purpose as well as recreational use.
This report contains market size and forecasts of Legalize Marijuana in global, including the following market information:
Global Legalize Marijuana Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Legalize Marijuana Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Legalize Marijuana companies in 2021 (%)
The global Legalize Marijuana market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cannabis Herb Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Legalize Marijuana include Dixie Elixirs, Cronos Group, Canopy Growth, Aurora Cannabis, ABcann Medicinals, Aphria and Maricann Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Legalize Marijuana manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Legalize Marijuana Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Legalize Marijuana Market Segment Percentages, by Type, 2021 (%)
Cannabis Herb
Cannabis Resin
Other
Global Legalize Marijuana Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Legalize Marijuana Market Segment Percentages, by Application, 2021 (%)
Entertainment Venue
Medical Institutions
Other
Global Legalize Marijuana Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Legalize Marijuana Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Legalize Marijuana revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Legalize Marijuana revenues share in global market, 2021 (%)
Key companies Legalize Marijuana sales in global market, 2017-2022 (Estimated), (MT)
Key companies Legalize Marijuana sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dixie Elixirs
Cronos Group
Canopy Growth
Aurora Cannabis
ABcann Medicinals
Aphria
Maricann Group

Frequently Asked Questions
Legalize Marijuana Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Legalize Marijuana Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Legalize Marijuana Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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