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Cannabis Market Size, Share, Trends, Industry Analysis and Forecast to 2027. – Hunter Women’s Chronicle

Hunter Women's Chronicle · Hunter Women's Chronicle · last updated
Today, it’s estimated that the global cannabis cultivation market size will reach $55 billion by 2027. Industry AnalysisThe North American cannabis market size is forecast to reach $18.8 billion by 2024 and the European cannabis market size is expected to reach $6.4 billion by 2022. Cannabis Market Size and ShareThe global cannabis market is expected to reach $31.7 billion by 2025, with a compound annual growth rate (CAGR) of 29.2% during the forecast period. The market size of cannabis cultivation is expected to reach $13 billion by 2024 and $21 billion by 2029. The cannabis industry is expected to grow at an estimated annual CAGR of 24.14% over the next five years.
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