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Synopsis
Marijuana is one of the most abused drugs in the world. And this report studies the Legal Marijuana.
The commercial marijuana industry exists on a state-by-state basis, and all medical and recreational programs are technically in violation of federal drug laws. The U.S. Department of Justice issued some guidelines in recent years that helped the marijuana industry gain traction, but these are not legally binding and could theoretically be nullified at any time.
A medicinal cannabis product refers to a product which includes cannabis, and its chemical components (cannabinoids), that can be used for curing, or alleviating the symptoms of disease, ailment or injury.The two main cannabinoids that have been identified for therapeutic application are the psychoactive 9-tetrahydrocanabinol (THC) and non-psychoactive Cannabidiol (CBD).
The global Legal Marijuana market size is expected to reach US$ 148070 million by 2029, growing at a CAGR of 26.8% from 2023 to 2029. The market is mainly driven by the significant applications of Legal Marijuana in various end use industries.
The expanding demands from the Recreational and Medical, are propelling Legal Marijuana market. Indoor Cultivation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Outdoor Cultivation segment is estimated at % CAGR for the next seven-year period.
Market competition is not intense. Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and MCig Inc are the leaders of the industry, and they hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry. Top three are Medicine Man, Canopy Growth and Aphria got about 95% market shares.
North America is the largest consumption place, with a consumption market share nearly 75% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 12%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Legal Marijuana, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Legal Marijuana market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Legal Marijuana market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Legal Marijuana sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Legal Marijuana covered in this report include Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and MCig Inc, etc.
The global Legal Marijuana market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
- Medicine Man
- Canopy Growth
- Aphria
- Aurora Cannabis Inc.
- MCig Inc
Global Legal Marijuana market, by region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, etc.)
- Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
- South America (Brazil, etc.)
- Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Legal Marijuana market, Segment by Type:
- Indoor Cultivation
- Outdoor Cultivation
- Greenhouse Cultivation
Global Legal Marijuana market, by Application
- Recreational
- Medical
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Legal Marijuana manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Legal Marijuana in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Legal Marijuana Market Overview
1.1 Legal Marijuana Product Overview
1.2 Legal Marijuana Market Segment by Type
1.2.1 Indoor Cultivation
1.2.2 Outdoor Cultivation
1.2.3 Greenhouse Cultivation
1.3 Global Legal Marijuana Market Size by Type
1.3.1 Global Legal Marijuana Market Size Overview by Type (2018-2029)
1.3.2 Global Legal Marijuana Historic Market Size Review by Type (2018-2023)
1.3.3 Global Legal Marijuana Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Legal Marijuana Sales Breakdown by Type (2018-2023)
1.4.2 Europe Legal Marijuana Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Legal Marijuana Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Legal Marijuana Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Legal Marijuana Sales Breakdown by Type (2018-2023)
2 Global Legal Marijuana Market Competition by Company
2.1 Global Top Players by Legal Marijuana Sales (2018-2023)
2.2 Global Top Players by Legal Marijuana Revenue (2018-2023)
2.3 Global Top Players by Legal Marijuana Price (2018-2023)
2.4 Global Top Manufacturers Legal Marijuana Manufacturing Base Distribution, Sales Area, Product Type
2.5 Legal Marijuana Market Competitive Situation and Trends
2.5.1 Legal Marijuana Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Legal Marijuana Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Legal Marijuana as of 2022)
2.7 Date of Key Manufacturers Enter into Legal Marijuana Market
2.8 Key Manufacturers Legal Marijuana Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Legal Marijuana Status and Outlook by Region
3.1 Global Legal Marijuana Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Legal Marijuana Historic Market Size by Region
3.2.1 Global Legal Marijuana Sales in Volume by Region (2018-2023)
3.2.2 Global Legal Marijuana Sales in Value by Region (2018-2023)
3.2.3 Global Legal Marijuana Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Legal Marijuana Forecasted Market Size by Region
3.3.1 Global Legal Marijuana Sales in Volume by Region (2024-2029)
3.3.2 Global Legal Marijuana Sales in Value by Region (2024-2029)
3.3.3 Global Legal Marijuana Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Legal Marijuana by Application
4.1 Legal Marijuana Market Segment by Application
4.1.1 Recreational
4.1.2 Medical
4.2 Global Legal Marijuana Market Size by Application
4.2.1 Global Legal Marijuana Market Size Overview by Application (2018-2029)
4.2.2 Global Legal Marijuana Historic Market Size Review by Application (2018-2023)
4.2.3 Global Legal Marijuana Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Legal Marijuana Sales Breakdown by Application (2018-2023)
4.3.2 Europe Legal Marijuana Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Legal Marijuana Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Legal Marijuana Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Legal Marijuana Sales Breakdown by Application (2018-2023)
5 North America Legal Marijuana by Country
5.1 North America Legal Marijuana Historic Market Size by Country
5.1.1 North America Legal Marijuana Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Legal Marijuana Sales in Volume by Country (2018-2023)
5.1.3 North America Legal Marijuana Sales in Value by Country (2018-2023)
5.2 North America Legal Marijuana Forecasted Market Size by Country
5.2.1 North America Legal Marijuana Sales in Volume by Country (2024-2029)
5.2.2 North America Legal Marijuana Sales in Value by Country (2024-2029)
6 Europe Legal Marijuana by Country
6.1 Europe Legal Marijuana Historic Market Size by Country
6.1.1 Europe Legal Marijuana Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Legal Marijuana Sales in Volume by Country (2018-2023)
6.1.3 Europe Legal Marijuana Sales in Value by Country (2018-2023)
6.2 Europe Legal Marijuana Forecasted Market Size by Country
6.2.1 Europe Legal Marijuana Sales in Volume by Country (2024-2029)
6.2.2 Europe Legal Marijuana Sales in Value by Country (2024-2029)
7 Asia-Pacific Legal Marijuana by Region
7.1 Asia-Pacific Legal Marijuana Historic Market Size by Region
7.1.1 Asia-Pacific Legal Marijuana Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Legal Marijuana Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Legal Marijuana Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Legal Marijuana Forecasted Market Size by Region
7.2.1 Asia-Pacific Legal Marijuana Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Legal Marijuana Sales in Value by Region (2024-2029)
8 Latin America Legal Marijuana by Country
8.1 Latin America Legal Marijuana Historic Market Size by Country
8.1.1 Latin America Legal Marijuana Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Legal Marijuana Sales in Volume by Country (2018-2023)
8.1.3 Latin America Legal Marijuana Sales in Value by Country (2018-2023)
8.2 Latin America Legal Marijuana Forecasted Market Size by Country
8.2.1 Latin America Legal Marijuana Sales in Volume by Country (2024-2029)
8.2.2 Latin America Legal Marijuana Sales in Value by Country (2024-2029)
9 Middle East and Africa Legal Marijuana by Country
9.1 Middle East and Africa Legal Marijuana Historic Market Size by Country
9.1.1 Middle East and Africa Legal Marijuana Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Legal Marijuana Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Legal Marijuana Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Legal Marijuana Forecasted Market Size by Country
9.2.1 Middle East and Africa Legal Marijuana Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Legal Marijuana Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Medicine Man
10.1.1 Medicine Man Company Information
10.1.2 Medicine Man Introduction and Business Overview
10.1.3 Medicine Man Legal Marijuana Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Medicine Man Legal Marijuana Products Offered
10.1.5 Medicine Man Recent Development
10.2 Canopy Growth
10.2.1 Canopy Growth Company Information
10.2.2 Canopy Growth Introduction and Business Overview
10.2.3 Canopy Growth Legal Marijuana Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Canopy Growth Legal Marijuana Products Offered
10.2.5 Canopy Growth Recent Development
10.3 Aphria
10.3.1 Aphria Company Information
10.3.2 Aphria Introduction and Business Overview
10.3.3 Aphria Legal Marijuana Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Aphria Legal Marijuana Products Offered
10.3.5 Aphria Recent Development
10.4 Aurora Cannabis Inc.
10.4.1 Aurora Cannabis Inc. Company Information
10.4.2 Aurora Cannabis Inc. Introduction and Business Overview
10.4.3 Aurora Cannabis Inc. Legal Marijuana Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Aurora Cannabis Inc. Legal Marijuana Products Offered
10.4.5 Aurora Cannabis Inc. Recent Development
10.5 MCig Inc
10.5.1 MCig Inc Company Information
10.5.2 MCig Inc Introduction and Business Overview
10.5.3 MCig Inc Legal Marijuana Sales, Revenue and Gross Margin (2018-2023)
10.5.4 MCig Inc Legal Marijuana Products Offered
10.5.5 MCig Inc Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Legal Marijuana Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Legal Marijuana Industrial Chain Analysis
11.4 Legal Marijuana Market Dynamics
11.4.1 Legal Marijuana Industry Trends
11.4.2 Legal Marijuana Market Drivers
11.4.3 Legal Marijuana Market Challenges
11.4.4 Legal Marijuana Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Legal Marijuana Distributors
12.3 Legal Marijuana Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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