Global Cannabis Pharmaceuticals Market Size & Outlook
Global cannabis pharmaceuticals market, 2018-2030 (US$M)
Related Markets
Global cannabis pharmaceuticals market highlights
- The global cannabis pharmaceuticals market generated a revenue of USD 3,420.3 million in 2023 and is expected to reach USD 102,438.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 62.5% by 2030.
- In terms of segment, other brands accounted for a revenue of USD 1,732.9 million in 2023.
- Other Brands is the most lucrative brand type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Croatia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,420.3 million |
| Market revenue in 2030 | USD 102,438.0 million |
| Growth rate | 62.5% (CAGR from 2023 to 2030) |
| Largest segment | Other brands |
| Fastest growing segment | Other Brands |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sativex, Epidiolex, Other Brands |
Other key industry trends
- In terms of revenue, the North America accounted for 24.7% of the global cannabis pharmaceuticals market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Croatia is the fastest growing regional market and is projected to reach USD 175.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cannabis Pharmaceuticals Market Scope
Cannabis Pharmaceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cannabis pharmaceuticals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cannabis pharmaceuticals market will help companies and investors design strategic landscapes.
Other brands was the largest segment with a revenue share of 50.67% in 2023. Horizon Databook has segmented the Global cannabis pharmaceuticals market based on sativex, epidiolex, other brands covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cannabis Pharmaceuticals Brand Type Outlook (Revenue, USD Million, 2018-2030)
- Sativex
- Epidiolex
- Other Brands
Reasons to subscribe to Global cannabis pharmaceuticals market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global cannabis pharmaceuticals market databook
-
Our clientele includes a mix of cannabis pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cannabis pharmaceuticals market , including forecasts for subscribers. This global databook contains high-level insights into Global cannabis pharmaceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cannabis pharmaceuticals market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cannabis pharmaceuticals market size, 2023 (US$M)
Global cannabis pharmaceuticals market share, by brand type, 2023 & 2030 (%, US$M)
Cannabis pharmaceuticals market: Opportunity assessment by country
Global cannabis pharmaceuticals market, by region, 2023 (US$M)
| Brand Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8.9 | 92.1 | 124.4 | 159.8 | 247.2 | 845.4 | 2,073.3 | 4,595.1 | 8,803.4 | 14,218.9 | 19,783.2 | 25,955.5 | 31,312.6 | 67.5% |
| Europe | 6.5 | 135.6 | 230.8 | 300.9 | 463.7 | 1,433.1 | 3,013.9 | 5,848.2 | 9,894.1 | 14,224.1 | 18,274.1 | 24,684.4 | 27,684.3 | 52.7% |
| Asia Pacific | 1.5 | 26.0 | 43.0 | 55.7 | 85.9 | 276.7 | 648.3 | 1,425.4 | 2,731.9 | 4,448.6 | 6,362.9 | 7,564.2 | 8,888.7 | 64.2% |
| Latin America | 5.1 | 53.9 | 123.0 | 159.3 | 247.1 | 827.4 | 2,063.0 | 4,785.6 | 9,585.1 | 16,220.4 | 23,987.7 | 28,052.6 | 33,621.0 | 69.8% |
| MEA | 0.1 | 2.7 | 5.6 | 7.3 | 12.0 | 37.7 | 81.5 | 161.9 | 283.5 | 423.6 | 558.8 | 796.3 | 931.4 | 58.1% |
| Overall | 22.1 | 310.3 | 526.8 | 683.0 | 1,055.9 | 3,420.3 | 7,880.0 | 16,816.2 | 31,298.0 | 49,535.6 | 68,966.7 | 87,053.0 | 102,438.0 | 62.5% |
Related regional statistics
No records
No related regions found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
