Italy Medical Marijuana Market Size & Outlook, 2023-2030

The medical marijuana market in Italy is expected to reach a projected revenue of US$ 127.6 million by 2030. A compound annual growth rate of 30.3% is expected of Italy medical marijuana market from 2024 to 2030.
Revenue, 2023 (US$M)
$20.1
Forecast, 2030 (US$M)
$127.6
CAGR, 2024 - 2030
30.2%
Report Coverage
Italy

Italy medical marijuana market highlights

  • The Italy medical marijuana market generated a revenue of USD 20.1 million in 2023 and is expected to reach USD 127.6 million by 2030.
  • The Italy market is expected to grow at a CAGR of 30.3% from 2024 to 2030.
  • In terms of segment, oil and tinctures was the largest revenue generating product in 2023.
  • Oil and Tinctures is the most lucrative product segment registering the fastest growth during the forecast period.

Medical marijuana market data book summary

Market revenue in 2023USD 20.1 million
Market revenue in 2030USD 127.6 million
Growth rate30.3% (CAGR from 2023 to 2030)
Largest segmentOil and tinctures
Fastest growing segmentOil and Tinctures
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFlower, Oil and Tinctures
Key market players worldwideTilray Brands Inc, Aurora Cannabis Inc, Canopy Growth Corp, Aphria Inc, Wayland Group Corp, Aurora Cannabis, GW Pharmaceuticals, Cannabis Sativa Inc, Medical Marijuana Inc

Other key industry trends

  • In terms of revenue, Italy accounted for 0.1% of the global medical marijuana market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Switzerland medical marijuana market is projected to lead the regional market in terms of revenue in 2030.
  • Switzerland is the fastest growing regional market in Europe and is projected to reach USD 453.9 million by 2030.

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Medical Marijuana Market Companies

Name Profile # Employees HQ Website

Italy medical 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 medical marijuana market will help companies and investors design strategic landscapes.


Oil and tinctures was the largest segment with a revenue share of 53.73% in 2023. Horizon Databook has segmented the Italy medical marijuana market based on flower, oil and tinctures covering the revenue growth of each sub-segment from 2018 to 2030.


  • Italy Medical Marijuana Product Outlook (Revenue, USD Million, 2018-2030)
    • Flower
    • Oil and Tinctures
  • Italy Medical Marijuana Application Outlook (Revenue, USD Million, 2018-2030)
    • 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

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Target buyers of Italy medical marijuana market databook

  • Our clientele includes a mix of medical 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy medical marijuana market , including forecasts for subscribers. This country databook contains high-level insights into Italy medical marijuana market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy medical marijuana market size, by product, 2018-2030 (US$M)

Italy Medical Marijuana Market Outlook Share, 2023 & 2030 (US$M)

Italy medical marijuana market size, by product, 2018-2030 (US$M)

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