Legal Marijuana Market Trends, Demand, Opportunities and Forecast By 2030

Data Bridge Market Research analyses that the legal marijuana market, which was USD 27.7 billion in 2022, would rise to USD 127.49 million by 2030 and is expected to undergo a CAGR of 21% during the forecast period 2023 to 2030.

This Legal Marijuana market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Legal Marijuana report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the legal marijuana market, which was USD 27.7 billion in 2022, would rise to USD 127.49 million by 2030 and is expected to undergo a CAGR of 21% during the forecast period 2023 to 2030.

Download Sample PDF Copy of this Report to understand structure of the complete report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-legal-marijuana-market

Market Overview:

In the past few years, the use of marijuana as a recreational drug has been proven in many countries. Countries such as Uruguay, Canada, and numerous U.S. states have legalized the production, sale, and ownership of marijuana for medical and recreational usage. Several studies were carried out, which showed that medical marijuana and its derivatives could be used to treat symptoms of numerous diseases such as chemotherapy-induced nausea, chronic pain, Parkinson's, Alzheimer's, and other neurological diseases.

Some of the major players operating in the Legal Marijuana market are VIVO Cannabis Inc. (Canada), Dr. Hemp Me. (Ireland), QC Infusion (U.S.), Hemp Production Services (Canada), Green Roads (U.S.), Royal CBD (U.S.), CV Sciences, Inc. (U.S.), Gaia Herbs Farm (U.S.), SPRING CREEK LABS (U.S.), Isodiol International Inc (Canada), Medical Marijuana, Inc. (U.S.) among others.

Global Legal Marijuana Market Scope

The legal marijuana market is segmented on the basis of species, strains, type, application, product type, purchase channel, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Species

  • Sativa
  • Indica
  • Hybrid

Strains

  • THC
  • CBD

Type

  • Recreational Marijuana
  • Medical Marijuana

Application

  • Chronic Pain
  • Mental Disorders
  • Cancer
  • Others

Product Type

  • Buds / marijuana Flower
  • Cannabis Extracts
  • Oil
  • Tinctures
  • Others

Purchase Channel

  • Online
  • Offline

End-User

  • Pharmaceutical
  • Food
  • Beverages
  • Tobacco
  • Personal Care
  • Research and Development Centers

Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-legal-marijuana-market

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Legal Marijuana Market Landscape

Part 04: Global Legal Marijuana Market Sizing

Part 05: Global Legal Marijuana Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Browse Trending Reports:

Global Warehouse Robotics Market – Industry Trends and Forecast to 2030
https://www.databridgemarketresearch.com/reports/global-warehouse-robotics-market

Global Artificial Intelligence Market – Industry Trends and Forecast to 2028
https://www.databridgemarketresearch.com/reports/global-artificial-intelligence-market 

Global Wind Turbine Operations and Maintenance Market – Industry Trends and Forecast to 2028
https://www.databridgemarketresearch.com/reports/global-wind-turbine-operations-and-maintenance-market 

Global Pro AV (Audio-Visual) Market – Industry Trends and Forecast to 2029
https://www.databridgemarketresearch.com/reports/global-pro-av-audio-visual-market 

About Data Bridge Market Research:

An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.

Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies globally and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.

Contact Us: -

Data Bridge Market Research

US: +1 888 387 2818

United Kingdom: +44 208 089 1725

Hong Kong: +852 8192 7475

Email: – [email protected] 

 


DBMR

78 Blog posts

Comments