Delray Beach, FL, Aug. 19, 2025 (GLOBE NEWSWIRE) — According to a research report published by MarketsandMarkets “Cannabis Market by Compound Type (THC-dominant, CBD-dominant, Balanced THC & CBD), Product Type (Flowers/Buds, Oil/Tinctures, Edibles, Topicals, and Others), Application (Medical, Recreational, Industrial, Nutraceutical & Wellness, Cosmetics & Personal Care), Source (Hemp, Marijuana), and Region – Global Forecast to 2030” provides in-depth insights into the global cannabis market landscape.
Cannabis Market Size and Growth
- 2030 Market Size: USD 125.76 billion
- 2025 Forecast: USD 72.83 billion
- Forecast CAGR (2025 – 2030):11.5%
- Top Segments: Compound Type, Product Type, Application, Region
- Leading Applications: Medical, Recreational, Industrial, Nutraceutical & Wellness, Cosmetics & Personal Care
Download PDF Brochure at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=201768301
Edibles Unlock New Avenues for Cannabis Industry Growth
Edibles—especially gummies and chocolates—are rapidly becoming a cornerstone of the cannabis industry. These products are favored for their ease of use, smoke-free experience, and reliable dosing. Their long shelf-life and discreet nature make them especially popular among new and occasional users.
The 2023 NCIA report highlights a surge in edible demand, driven in part by Canadian regulations that cap THC content at 10mg per package. Colorado’s MED recorded record edible sales from 2020 to 2022, with gummies emerging as the top category. Leading brands like Wyld and Kiva Confections are scaling across legal markets, with micro-dosing and wellness-focused products gaining traction.
Global consumer packaged goods companies are also entering the scene. AB InBev and Tilray have made substantial investments in cannabis-infused beverages, while Coca-Cola and Constellation Brands are exploring future plays in this space. As cannabis legalization spreads, edibles will continue gaining popularity for both recreational and therapeutic uses, particularly in managing stress, sleep issues, and chronic pain.
Europe Emerges as a Rapid Growth Market
Europe’s cannabis industry is undergoing a transformation, becoming the fastest-growing regional market. This acceleration is powered by the legalization of medical cannabis, growing public support, and increasing clinical evidence supporting cannabis therapies for conditions like multiple sclerosis, epilepsy, and chronic pain.
Consumer interest in natural wellness solutions and plant-based alternatives has further propelled the market. Relaxed import and cultivation rules in Germany, the UK, and Portugal are opening new …