Global Recreational Cannabis Market Report 2024

Recreational Cannabis Global Market Report 2024 – By Product (Oils, Transdermal Patches, Tablets, Capsule, Vape, Suppositories, Tinctures, Creams, Edibles, Other Products ), By Compound (Tetrahydrocannabinol (THC) Dominant, Cannabidiol (CBD) Dominant, Balanced Tetrahydrocannabinol (THC)), By Administration (Oral, Topical, Inhalation, Rectal, Sublingual), By Application (Chronic Pain, Cancer, Mental Disorder, Sleep Management, Other Applications), By End Users (Pharmaceuticals, Food, Beverages, Tobacco, Personal care, Research and Development Center) – Market Size, Trends, And Global Forecast 2024-2033

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Recreational Cannabis Market Definition And Segments

Recreational cannabis, also known as adult-use marijuana, refers to any cannabis plant component, living or not, that is consumed intoxicatingly for enjoyment and pleasure rather than for health benefits. Tetrahydrocannabinol (THC) is a substance found in cannabis products. These THC contain mood-altering properties and can impair thinking and coordination.

The main types of products included in recreational cannabis are oils, transdermal patches, tablets, capsules, vapes, suppositories, tinctures, creams, edibles, and others. Oil refers to a broad range of compounds that are often unctuous, viscous, flammable, liquid at room temperature, and soluble in ether or alcohol but not in water. The compounds used are tetrahydrocannabinol (THC) dominant, cannabidiol (CDB) dominant, and balanced tetrahydrocannabinol (THC), which can be administered through oral, topical, inhalation, rectal, and sublingual routes. These are used in several applications, including chronic pain, cancer, mental disorders, sleep management, and others, which are used by various end users, such as pharmaceuticals, food, beverages, tobacco, personal care, and research and development centers.

The recreational cannabis market covered in this report is segmented –

1) By Product: Oils, Transdermal Patches, Tablets, Capsule, Vape, Suppositories, Tinctures, Creams, Edibles, Other Products

2) By Compound: Tetrahydrocannabinol (THC) Dominant, Cannabidiol (CBD) Dominant, Balanced Tetrahydrocannabinol (THC)

3) By Administration: Oral, Topical, Inhalation, Rectal, Sublingual

4) By Application: Chronic Pain, Cancer, Mental Disorder, Sleep Management, Other Applications

5) By End Users: Pharmaceuticals, Food, Beverages, Tobacco, Personal care, Research and Development Center

The recreational cannabis market size has grown strongly in recent years. It will grow from $1.98 billion in 2023 to $2.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to shifting societal attitudes, economic impact and tax revenue, medical cannabis as a precursor, cannabis tourism and hospitality industry.

The recreational cannabis market size is expected to see strong growth in the next few years. It will grow to $2.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to the expansion of legalization globally, innovations in cannabis product offerings, integration of cannabis into mainstream culture, health and wellness trends, research and development in cannabinoids. Major trends in the forecast period include focus on wellness and health, sustainability practices, regulatory evolution, social consumption spaces, collaborations and partnerships.

Recreational Cannabis Market Driven By Increasing Prevalence Of Neurological Disorders

The increasing prevalence of neurological disorders is expected to propel the growth of the recreational cannabis market going forward. A neurological disorder is a medical condition affecting the central and peripheral nervous systems. It involves the spinal cord, the body's nerves, and the brain. The common types of neurological disorders include Alzheimer's disease, Epilepsy, seizures, and Parkinson's disease. These conditions of neuro are cured by cannabis, which helps in treating neurological conditions by controlling calcium homeostasis and lessening neuroinflammation. For instance, in December 2022, according to the report published by Parkinson's Foundation, a US-based non-profit organization working for Parkinson's disease patients, the PD (Parkinson's disease) incidence rate increased to nearly 90,000 diagnoses per year from the previous estimates of 60,000 diagnoses yearly. Therefore, the increasing prevalence of neurological disorders is driving the growth of the recreational cannabis market.

Societal Attitudes And The Growth Of The Recreational Cannabis Market

The evolving societal attitudes toward cannabis use are expected to propel the growth of the recreational cannabis market going forward. Societal attitudes toward cannabis use encompass the prevailing perceptions, beliefs, and opinions within a community or society regarding the acceptance, legality, and social norms surrounding the consumption and use of cannabis. For instance, in October 2022, according to a survey conducted by the Pew Research Center, a US-based think tank, a substantial 88% of U.S. adults expressed a preference for the legalization of marijuana. Specifically, 59% advocate for its legalization for both medical and recreational purposes, while 30% support its legalization solely for medical use. Therefore, evolving societal attitudes toward cannabis use are driving the growth of the recreational cannabis market.

Major companies operating in the recreational cannabis market report are The Cronos Group, Verano Holdings, Cresco Labs Inc., SNDL Inc., Medical Marijuana Inc., Tilray Inc., 22nd Century Group, Aurora Cannabis Inc., Canopy Growth Corporation, Columbia Care, PharmaCann Inc., Perrigo, Village Farms International Inc., Indiva Limited, VIVO Cannabis Inc., TerrAscend Corp., Acreage Holdings, HEXO Corp, 4Front Ventures, C3 Industries, TILT Holdings, Maricann Inc., Organigram Holding Inc., Ascend Wellness Holdings, Curaleaf Holdings Inc., Trulieve Cannabis, Green Thumb Industries, Geron Corporation.

Innovative Offerings Propel Recreational Cannabis Market

Product innovations have emerged as a key trend gaining popularity in the recreational cannabis market. Major companies operating in the recreational cannabis market are concentrating on creating innovative products to strengthen their position in the market. For instance, in June 2023, Aurora Cannabis Inc., a Canada-based licensed cannabis producer, launched a lineup of innovative recreational cannabis products, including Lil' Bits Sour Grape and Sour Watermelon (10 x 1mg edibles), Mango XL Vape, Signature Hash, and others. Lil' Bits Sour Grape and Sour Watermelon Low Dose Edibles give delectable flavor in a snackable form, making them ideal for novice users or micro-dosing. It features crowd-pleasing, nostalgic flavors with little to no aftertaste from the cannabis. Mango XL Vape (510–1.2g) uses a blend of quality resin unique to the company and enriched with botanical terpenes to provide a full-spectrum, full-flavor experience. Signature Hash (2g) is a ground-breaking bubble hash blend that raises the benchmark for malleability and burnability.

Innovates Recreational Cannabis Market With Licensed Delivery

Major companies operating in the recreational cannabis market are concentrating on creating innovative methods such as online platforms and delivery services to strengthen their position in the market. Delivery services and online platforms enhance the overall accessibility, convenience, and efficiency of the recreational cannabis sector, contributing to its growth and adaptability in the digital age. For instance, in August 2023, Canterra, a US-based company, started licensed cannabis delivery in Western New York. The online platform allows customers in Erie, Niagara, Chautauqua, Cattaraugus, Allegany, Wyoming, Genesee, Orleans, and Monroe counties to explore and purchase adult-use recreational cannabis. With a focus on customer education, Canterra aims to revolutionize the cannabis shopping experience, providing a user-friendly interface, a vast product catalog, and a seamless purchasing process.

Tilray Brands Expands Canadian Cannabis Leadership With Acquisition Of Hexo Corporation

In June 2023, Tilray Brands, a US-based cannabis and beverage alcohol company, acquired Hexo Corporation for roughly $56 million. The acquisition strengthens Tilray's leadership position in the Canadian cannabis market with combined business the chance to optimize its sales, marketing, and distribution networks to strengthen Tilray's commercial footprint and accelerate market share growth. Hexo Corporation is a Canada-based recreational cannabis producer.

North America was the largest region in the recreational cannabis market in 2023. The regions covered in the recreational cannabis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the recreational cannabis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The recreational cannabis market consists of sales of cannabis indica and cannabis sativa. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The recreational cannabis market research report is one of a series of new reports from The Business Research Company that provides recreational cannabis market statistics, including recreational cannabis industry global market size, regional shares, competitors with a recreational cannabis market share, detailed recreational cannabis market segments, market trends and opportunities, and any further data you may need to thrive in the recreational cannabis industry. This recreational cannabis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Recreational Cannabis Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $2.12 billion
Revenue Forecast In 2033 $2.83 billion
Growth Rate CAGR of 7.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: Oils, Transdermal Patches, Tablets, Capsule, Vape, Suppositories, Tinctures, Creams, Edibles, Other Products
2) By Compound: Tetrahydrocannabinol (THC) Dominant, Cannabidiol (CBD) Dominant, Balanced Tetrahydrocannabinol (THC)
3) By Administration: Oral, Topical, Inhalation, Rectal, Sublingual
4) By Application: Chronic Pain, Cancer, Mental Disorder, Sleep Management, Other Applications
5) By End Users: Pharmaceuticals, Food, Beverages, Tobacco, Personal care, Research and Development Center
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled The Cronos Group; Verano Holdings; Cresco Labs Inc.; SNDL Inc.; Medical Marijuana Inc.; Tilray Inc.; 22nd Century Group; Aurora Cannabis Inc.; Canopy Growth Corporation; Columbia Care; PharmaCann Inc.; Perrigo; Village Farms International Inc; Indiva Limited; VIVO Cannabis Inc.; TerrAscend Corp.; Acreage Holdings; HEXO Corp; 4Front Ventures; C3 Industries; TILT Holdings; Maricann Inc.; Organigram Holding Inc.; Ascend Wellness Holdings; Curaleaf Holdings Inc.; Trulieve Cannabis; Green Thumb Industries; Geron Corporation.
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    Table Of Contents

    1. Executive Summary

    2. Recreational Cannabis Market Characteristics

    3. Recreational Cannabis Market Trends And Strategies

    4. Recreational Cannabis Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Recreational Cannabis Market Size and Growth

    5.1. Global Recreational Cannabis Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Recreational Cannabis Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Recreational Cannabis Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Recreational Cannabis Market Segmentation

    6.1. Global Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oils

    Transdermal Patches

    Tablets

    Capsule

    Vape

    Suppositories

    Tinctures

    Creams

    Edibles

    Other Products

    6.2. Global Recreational Cannabis Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Tetrahydrocannabinol (THC) Dominant

    Cannabidiol (CBD) Dominant

    Balanced Tetrahydrocannabinol (THC)

    6.3. Global Recreational Cannabis Market, Segmentation By Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oral

    Topical

    Inhalation

    Rectal

    Sublingual

    6.4. Global Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Chronic Pain

    Cancer

    Mental Disorder

    Sleep Management

    Other Applications

    6.5. Global Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Pharmaceuticals

    Food

    Beverages

    Tobacco

    Personal care

    Research And Development Center

    7. Recreational Cannabis Market Regional And Country Analysis

    7.1. Global Recreational Cannabis Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Recreational Cannabis Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Recreational Cannabis Market

    8.1. Asia-Pacific Recreational Cannabis Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Recreational Cannabis Market

    9.1. China Recreational Cannabis Market Overview

    9.2. China Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Recreational Cannabis Market

    10.1. India Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Recreational Cannabis Market

    11.1. Japan Recreational Cannabis Market Overview

    11.2. Japan Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Recreational Cannabis Market

    12.1. Australia Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Recreational Cannabis Market

    13.1. Indonesia Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Recreational Cannabis Market

    14.1. South Korea Recreational Cannabis Market Overview

    14.2. South Korea Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Recreational Cannabis Market

    15.1. Western Europe Recreational Cannabis Market Overview

    15.2. Western Europe Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Recreational Cannabis Market

    16.1. UK Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Recreational Cannabis Market

    17.1. Germany Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Recreational Cannabis Market

    18.5. France Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Recreational Cannabis Market

    19.9. Italy Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Recreational Cannabis Market

    20.13. Spain Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Recreational Cannabis Market

    21.1. Eastern Europe Recreational Cannabis Market Overview

    21.2. Eastern Europe Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Recreational Cannabis Market

    22.1. Russia Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Recreational Cannabis Market

    23.1. North America Recreational Cannabis Market Overview

    23.2. North America Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Recreational Cannabis Market

    24.1. USA Recreational Cannabis Market Overview

    24.2. USA Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Recreational Cannabis Market

    25.1. Canada Recreational Cannabis Market Overview

    25.2. Canada Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Recreational Cannabis Market

    26.1. South America Recreational Cannabis Market Overview

    26.2. South America Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Recreational Cannabis Market

    27.1. Brazil Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Recreational Cannabis Market

    28.1. Middle East Recreational Cannabis Market Overview

    28.2. Middle East Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Recreational Cannabis Market

    29.1. Africa Recreational Cannabis Market Overview

    29.2. Africa Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Recreational Cannabis Market Competitive Landscape And Company Profiles

    30.1. Recreational Cannabis Market Competitive Landscape

    30.2. Recreational Cannabis Market Company Profiles

    30.2.1. The Cronos Group

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Verano Holdings

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Cresco Labs Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. SNDL Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Medical Marijuana Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Recreational Cannabis Market Other Major And Innovative Companies

    31.1. Tilray Inc.

    31.2. 22nd Century Group

    31.3. Aurora Cannabis Inc.

    31.4. Canopy Growth Corporation

    31.5. Columbia Care

    31.6. PharmaCann Inc.

    31.7. Perrigo

    31.8. Village Farms International Inc

    31.9. Indiva Limited

    31.10. VIVO Cannabis Inc.

    31.11. TerrAscend Corp.

    31.12. Acreage Holdings

    31.13. HEXO Corp

    31.14. 4Front Ventures

    31.15. C3 Industries

    32. Global Recreational Cannabis Market Competitive Benchmarking

    33. Global Recreational Cannabis Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Recreational Cannabis Market

    35. Recreational Cannabis Market Future Outlook and Potential Analysis

    35.1 Recreational Cannabis Market In 2028 - Countries Offering Most New Opportunities

    35.2 Recreational Cannabis Market In 2028 - Segments Offering Most New Opportunities

    35.3 Recreational Cannabis Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Recreational Cannabis Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Recreational Cannabis Market, Segmentation By Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Recreational Cannabis Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Recreational Cannabis Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: The Cronos Group Financial Performance
  • Table 77: Verano Holdings Financial Performance
  • Table 78: Cresco Labs Inc. Financial Performance
  • Table 79: SNDL Inc. Financial Performance
  • Table 80: Medical Marijuana Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Recreational Cannabis Market, Segmentation By Compound, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Recreational Cannabis Market, Segmentation By Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Recreational Cannabis Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Recreational Cannabis Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Recreational Cannabis Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Recreational Cannabis Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Recreational Cannabis Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: The Cronos Group Financial Performance
  • Figure 77: Verano Holdings Financial Performance
  • Figure 78: Cresco Labs Inc. Financial Performance
  • Figure 79: SNDL Inc. Financial Performance
  • Figure 80: Medical Marijuana Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the recreational cannabis market?

Recreational cannabis, also known as adult-use marijuana, refers to any cannabis plant component, living or not, that is consumed intoxicatingly for enjoyment and pleasure rather than for health benefits. Tetrahydrocannabinol (THC) is a substance found in cannabis products. These THC contains mood-altering properties and can impair thinking and coordination. For further insights on the recreational cannabis market, request a sample here

How will the recreational cannabis market drivers and restraints affect the recreational cannabis market dynamics? What forces will shape the recreational cannabis industry going forward?

The recreational cannabis market major growth driver - Recreational Cannabis Market Driven By Increasing Prevalence Of Neurological Disorders. For further insights on the recreational cannabis market, request a sample here

What is the forecast market size or the forecast market value of the recreational cannabis market?

The recreational cannabis market size has grown strongly in recent years. It will grow from $1.98 billion in 2023 to $2.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to shifting societal attitudes, economic impact and tax revenue, medical cannabis as a precursor, cannabis tourism and hospitality industry. The recreational cannabis market size is expected to see strong growth in the next few years. It will grow to $2.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to expansion of legalization globally, innovations in cannabis product offerings, integration of cannabis into mainstream culture, health and wellness trends, research and development in cannabinoids. Major trends in the forecast period include focus on wellness and health, sustainability practices, regulatory evolution, social consumption spaces, collaborations and partnerships. For further insights on the recreational cannabis market, request a sample here

How is the recreational cannabis market segmented?

The recreational cannabis market is segmented
1) By Product: Oils, Transdermal Patches, Tablets, Capsule, Vape, Suppositories, Tinctures, Creams, Edibles, Other Products
2) By Compound: Tetrahydrocannabinol (THC) Dominant, Cannabidiol (CBD) Dominant, Balanced Tetrahydrocannabinol (THC)
3) By Administration: Oral, Topical, Inhalation, Rectal, Sublingual
4) By Application: Chronic Pain, Cancer, Mental Disorder, Sleep Management, Other Applications
5) By End Users: Pharmaceuticals, Food, Beverages, Tobacco, Personal care, Research and Development CenterFor further insights on the recreational cannabis market, request a sample here

Which region has the largest share of the recreational cannabis market? What are the other regions covered in the report?

North America was the largest region in the recreational cannabis market in 2023. The regions covered in the recreational cannabis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the recreational cannabis market, request a sample here.

Who are the major players in the recreational cannabis market?

Major companies operating in the recreational cannabis market report are The Cronos Group, Verano Holdings, Cresco Labs Inc., SNDL Inc., Medical Marijuana Inc., Tilray Inc., 22nd Century Group, Aurora Cannabis Inc., Canopy Growth Corporation, Columbia Care, PharmaCann Inc., Perrigo, Village Farms International Inc, Indiva Limited, VIVO Cannabis Inc., TerrAscend Corp., Acreage Holdings, HEXO Corp, 4Front Ventures, C3 Industries, TILT Holdings, Maricann Inc., Organigram Holding Inc., Ascend Wellness Holdings, Curaleaf Holdings Inc., Trulieve Cannabis, Green Thumb Industries, Geron Corporation. For further insights on the recreational cannabis market, request a sample here.

What are the key trends in the recreational cannabis market?

Major trend in the recreational cannabis market - Innovative Offerings Propel Recreational Cannabis Market. For further insights on the recreational cannabis market, request a sample here.

What are the major opportunities in the recreational cannabis market? What are the strategies for the recreational cannabis market?

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How does the recreational cannabis market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the recreational cannabis industry?

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What are the key dynamics influencing the recreational cannabis market growth? SWOT analysis of the recreational cannabis market.

For detailed insights on the key dynamics influencing the recreational cannabis market growth and SWOT analysis of the recreational cannabis industry, request a sample here.