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Global Medical Cannabis Market, by region, 2018-2027

By region,, the market is segmented into Americas, Europe, Asia-Pacific, Middle East & Africa, Solids, Dissolvables/Powders, Oil, and Ointments & Creams (2018-2027)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Medical Cannabis Market, by region, 2018-2027 — full underlying data
LabelAmericasEuropeAsia-PacificMiddle East & AfricaSolidsDissolvables/PowdersOilOintments & Creams
2018953.76 USD Mn58.25 USD Mn3.69 USD Mn1.23 USD Mn1016.94 USD Mn2844.65 USD Mn2120.24 USD Mn322.8 USD Mn
20191243.68 USD Mn53.73 USD Mn3.74 USD Mn4.86 USD Mn1306.01 USD Mn3673.32 USD Mn2767.44 USD Mn419.19 USD Mn
20201543.08 USD Mn49.25 USD Mn11.78 USD Mn10.05 USD Mn1614.17 USD Mn4565.27 USD Mn3476.38 USD Mn523.92 USD Mn
20211791.15 USD Mn91.13 USD Mn20.92 USD Mn16.77 USD Mn1919.98 USD Mn5460.69 USD Mn4202.69 USD Mn630.22 USD Mn
20222023.17 USD Mn142.56 USD Mn45.31 USD Mn25.15 USD Mn2236.18 USD Mn6396.2 USD Mn4975.09 USD Mn742.36 USD Mn
20232276.27 USD Mn222.99 USD Mn79.46 USD Mn35.96 USD Mn2614.68 USD Mn7521.87 USD Mn5912.66 USD Mn877.96 USD Mn
20242552.64 USD Mn348.77 USD Mn122.74 USD Mn49.99 USD Mn3074.14 USD Mn8895.14 USD Mn7065.91 USD Mn1044.12 USD Mn
20252838.72 USD Mn681.89 USD Mn171.05 USD Mn70.62 USD Mn3762.28 USD Mn10950.45 USD Mn8789.95 USD Mn1292.66 USD Mn
20263146.23 USD Mn872.55 USD Mn219.68 USD Mn92.15 USD Mn4330.62 USD Mn12679.85 USD Mn10284.61 USD Mn1505.3 USD Mn
20273470.62 USD Mn1095.18 USD Mn264.8 USD Mn117.72 USD Mn4948.32 USD Mn14575.96 USD Mn11945.71 USD Mn1740.21 USD Mn

Data Source: Wantstats Repository

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Growth Outlook

  • The 2027 portion of the Global Medical Cannabis Market, by region, 2018 market is on a steady long-term growth path. Segment value stands at roughly USD 33131 Mn in 2026 and is projected to reach USD 38159 Mn by 2027 — a gain of about 15% over the forecast period, translating to a CAGR in the double digits.
  • 2027: Dissolvables/Powders accounts for 38% of the combined USD total across these 8 groups, the largest single share.
  • What the regional split looks like (2026): Dissolvables/Powders leads, holding roughly 38% of segment value — the single largest regional share. Oil is the second-largest contributor. Solids, Americas, Ointments & Creams, Europe, Asia-Pacific and Middle East & Africa make up the remainder, in descending order.
  • By 2027, Dissolvables/Powders alone is expected to reach USD 14576 Mn, with Oil at USD 11946 Mn.

Market Dynamics

2027: Dissolvables/Powders accounts for 38% of the combined USD total across these 8 groups, the largest single share.

Oil is runner-up at 11.95B USD — 18% off the lead.

Dissolvables/Powders: up 412% over the period, 2.84B USD to 14.58B USD.

Oil climbs from 2.12B USD (2018) to 11.95B USD (2027), a 463% gain.

Solids: 1.02B USD in 2018 to 4.95B USD by 2027, up 387%.

Americas: 953.76M USD to 3.47B USD, 264% higher by 2027.

Ointments & Creams grows to 1.74B USD by 2027, from 322.80M USD in 2018 — 439% up.

Europe: 58.25M USD in 2018 to 1.10B USD by 2027, up 1780%.

By rate of change, not size, Middle East & Africa is the standout — 9471% growth, faster than the rest of the group.

Add every series together and the total reaches 38.16B USD by 2027, 421% above the 2018 combined figure of 7.32B USD.

Reading This As A Comparison

This chart compares 8 series side by side, not one trend over time. Read them against each other — the biggest number in the room is not automatically the most important line to follow.

Do not confuse "biggest" with "fastest-growing" — they are frequently different series on a chart like this one, and the gap between them can close faster than the current ranking suggests.

The most practical way to read this is relative: set the Global Medical Cannabis market figures beside other regions or segments of the same market to see where growth is concentrated.

The numbers here come from a market sizing model: historical revenue estimates up to the 2018 base year, then forecasts through 2027 using growth-rate assumptions for each segment. The underlying report explains the methodology in detail.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.