Pro
Healthcare & Pharma
Americas Medical Cannabis Market, by Application
| Label | Solids | Dissolvables/Powders | Oil | Ointments & Creams |
|---|---|---|---|---|
| 2018 | 953.76 USD Mn | 2668.83 USD Mn | 1989.48 USD Mn | 302.33 USD Mn |
| 2019 | 1243.68 USD Mn | 3499.09 USD Mn | 2636.47 USD Mn | 398.64 USD Mn |
| 2020 | 1543.08 USD Mn | 4365.96 USD Mn | 3324.84 USD Mn | 499.86 USD Mn |
| 2021 | 1791.15 USD Mn | 5097.38 USD Mn | 3923.5 USD Mn | 586.15 USD Mn |
| 2022 | 2023.17 USD Mn | 5792.39 USD Mn | 4505.94 USD Mn | 668.38 USD Mn |
| 2023 | 2276.27 USD Mn | 6557.23 USD Mn | 5155.05 USD Mn | 758.91 USD Mn |
| 2024 | 2552.64 USD Mn | 7399.75 USD Mn | 5879 USD Mn | 858.58 USD Mn |
| 2025 | 2838.72 USD Mn | 8283.99 USD Mn | 6651.99 USD Mn | 961.74 USD Mn |
| 2026 | 3146.23 USD Mn | 9240.13 USD Mn | 7497.7 USD Mn | 1075.59 USD Mn |
| 2027 | 3470.62 USD Mn | 10258.36 USD Mn | 8411.13 USD Mn | 1197.56 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The 2027 portion of the Americas Medical Cannabis Market, by Product Type, 2018 market is on a steady long-term growth path. Segment value stands at roughly USD 20960 Mn in 2026 and is projected to reach USD 23338 Mn by 2027 — a gain of about 11% over the forecast period, translating to a CAGR in the double digits.
- Dissolvables/Powders is the biggest of 4 groups as of 2027, at 10. 26B USD (44% of the combined total).
- What the regional split looks like (2026): Dissolvables/Powders leads, holding roughly 44% of segment value — the single largest regional share. Oil is the second-largest contributor. Solids and Ointments & Creams make up the remainder, in descending order.
- By 2027, Dissolvables/Powders alone is expected to reach USD 10258 Mn, with Oil at USD 8411 Mn.
Market Dynamics
Dissolvables/Powders is the biggest of 4 groups as of 2027, at 10.26B USD (44% of the combined total).
Next is Oil, at 8.41B USD — 18% behind Dissolvables/Powders.
Dissolvables/Powders: up 284% over the period, 2.67B USD to 10.26B USD.
Oil: 1.99B USD to 8.41B USD, 323% higher by 2027.
Solids climbs from 953.76M USD (2018) to 3.47B USD (2027), a 264% gain.
Ointments & Creams: 302.33M USD in 2018 to 1.20B USD by 2027, up 296%.
Oil grows fastest of the group, 323% from 2018 to 2027 — starting smaller doesn't mean staying smaller at this pace.
Across the full group, the combined total moves from 5.91B USD in 2018 to 23.34B USD in 2027 — a 295% change.
Making Sense Of 4 Series At Once
There are 4 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
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.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the Americas Medical Cannabis market is projected to become and how quickly it gets there.
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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Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
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
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
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.