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.
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Cannabis Pharmaceuticals Market Scope
Cannabis Pharmaceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jazz Pharmaceuticals PLC | View profile | 2800 | Waterloo Road, Fifth Floor, Waterloo Exchange, Dublin, Ireland, D04 E5W7 | https://www.jazzpharmaceuticals.com |
| Insys Therapeutics | View profile | 501-1000 | Chandler, Arizona, United States, North America | http://www.insysrx.com |
| Bausch Health Companies Inc | View profile | 20270 | 2150 Saint Elzear Boulvard West, Laval, QC, Canada, H7L 4A8 | https://www.bauschhealth.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
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
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Our clientele includes a mix of cannabis pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 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.
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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)
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