Cannabis Market 2032: Industry Size, Segmentation, and Future Demand
The global cannabis industry is undergoing significant growth, driven by shifting consumer attitudes, evolving regulations, and advancements in product innovation. Over the coming decade, the market is poised for substantial expansion, with projections indicating a rapid increase in both size and value. Get a Free Sample Report - https://www.skyquestt.com/sample-request/cannabis-market The global cannabis market, which was valued at USD 49.8 billion in 2024, is expected to reach USD 173.68 billion by 2032. This reflects a remarkable compound annual growth rate (CAGR) of 16.9% from 2025 to 2032. This growth is fueled by an increasing acceptance of cannabis for both medical and recreational uses, combined with the broader legalization of cannabis across several countries and regions. Regional Insights North America is currently the dominant force in the global cannabis market, accounting for a substantial share of the total market. This region is expected to maintain its leadi...