Middle East & Africa Legal Marijuana Market Size & Outlook

The legal marijuana market in Middle East & Africa is expected to reach a projected revenue of US$ 39,919.1 million by 2030. A compound annual growth rate of 37.1% is expected of Middle East & Africa legal marijuana market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,391.1
Forecast, 2030 (US$M)
$39,919.1
CAGR, 2024 - 2030
37.1%
Report Coverage
Middle East & Africa

MEA legal marijuana market highlights

  • The MEA legal marijuana market generated a revenue of USD 4,391.1 million in 2023.
  • The market is expected to grow at a CAGR of 37.1% from 2024 to 2030.
  • In terms of segment, medical use was the largest revenue generating application in 2023.
  • Adult Use is the most lucrative application segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023USD 4,391.1 million
Market revenue in 2030USD 39,919.1 million
Growth rate37.1% (CAGR from 2023 to 2030)
Largest segmentMedical use
Fastest growing segmentAdult Use
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedical Use, Adult Use
Key market players worldwideCanopy Growth Corp, Aurora Cannabis Inc, Tilray Brands Inc, MediPharm Labs Corp, The Cronos Group, Wayland Group Corp, OrganiGram Holdings Inc, Lexaria Bioscience Corp, GW Pharmaceuticals

Other key industry trends

  • In terms of revenue, MEA region accounted for 20.9% of the global legal marijuana market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 16,968.5 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

Legal Marijuana Market Scope

Legal marijuana market segmentation & scope
Cancer
Chronic Pain
Depression and Anxiety
Arthritis
Diabetes
Glaucoma
Migraines
Epilepsy
Multiple Sclerosis
AIDS
Amyotrophic Lateral Sclerosis
Alzheimers's
Post Traumatic Stress Disorder (PTSD)
Parkinson's
Tourettes
Others
Adult Use
Flower
Oil and Tinctures

Legal Marijuana Market Companies

Name Profile # Employees HQ Website

Middle East & Africa legal marijuana 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 legal marijuana market will help companies and investors design strategic landscapes.


Medical use was the largest segment with a revenue share of 85.88% in 2023. Horizon Databook has segmented the Middle East & Africa legal marijuana market based on medical use, adult use covering the revenue growth of each sub-segment from 2018 to 2030.


  • Middle East & Africa Legal Marijuana Application Outlook (Revenue, USD Million, 2018-2030)
    • Medical Use
      • Cancer
      • Chronic Pain
      • Depression and Anxiety
      • Arthritis
      • Diabetes
      • Glaucoma
      • Migraines
      • Epilepsy
      • Multiple Sclerosis
      • AIDS
      • Amyotrophic Lateral Sclerosis
      • Alzheimers's
      • Post Traumatic Stress Disorder (PTSD)
      • Parkinson's
      • Tourettes
      • Others
    • Adult Use
  • Middle East & Africa Legal Marijuana Product Outlook (Revenue, USD Million, 2018-2030)
    • Flower
    • Oil and Tinctures

Reasons to subscribe to Middle East & Africa legal marijuana 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 Middle East & Africa legal marijuana market databook

  • Our clientele includes a mix of legal marijuana 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 continent-level data and insights on the Middle East & Africa legal marijuana market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa legal marijuana market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Middle East & Africa legal marijuana market

Middle East & Africa Legal Marijuana Market Outlook Share, 2023 & 2030 (US$M)

Middle East & Africa legal marijuana market

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more