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Global cannabis market size between 2022 and 2032 (in billions of U.S. dollars)

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Sources

Release date

July 2023

Region

Worldwide

Survey time period

2023

Special properties

medicinal and recreational cannabis

Supplementary notes

The values between 2023 and 2031 were calculated by ÌÇÐÄÆƽâ°æ based on the information provided by the source.

Citation formats

Global Cannabis Market Size 2022-2032

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 18, 2025

In 2022, the size of the global cannabis market was around * billion U.S. dollars. This value is expected to experience steady growth in the coming years, with projections approaching ** billion U.S. dollars by 2032. These forecasts are based on the increasing recognition of the benefits of medicinal cannabis, as well as the legalization of recreational cannabis in several countries.

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