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Medical Cannabis in Australia - Market Size (2017–2030)

ANZSIC OD5663 Last Updated: March 2024

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$350.0m

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Medical Cannabis in Australia Market Size in 2024
62.0%

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 Medical Cannabis in Australia Market Size Growth in 2024
112.4%

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 Medical Cannabis in Australia Market Size CAGR 2019-2024

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 Medical Cannabis in Australia Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Medical Cannabis in Australia Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Medical Cannabis in Australia in 2023?

    The market size of the Medical Cannabis in Australia was $216.1m in 2023.

  • What was the growth rate of the Medical Cannabis in Australia in 2023?

    The market size of the Medical Cannabis in Australia increased 74.3% in 2023.

  • What was the market size of the Medical Cannabis in Australia in 2024?

    The market size of the Medical Cannabis in Australia is $350.0m in 2024.

  • What is the growth rate of the Medical Cannabis in Australia in 2024?

    The market size of the Medical Cannabis in Australia increased 62.0% in 2024.

  • Has the Medical Cannabis in Australia grown or declined over the past 5 years?

    The market size of the Medical Cannabis in Australia has grown at a 74.3% CAGR between 2018 and 2023.

  • Is the Medical Cannabis in Australia expected to grow or decline over the next five years?

    See our full analysis of the Medical Cannabis in Australia to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Medical Cannabis in Australia grown or declined over the past 5 years?

    The market size of the Medical Cannabis in Australia has grown at a 112.4% CAGR between 2019 and 2024.

  • Is the Medical Cannabis in Australia expected to grow or decline over the next five years?

    See our full analysis of the Medical Cannabis in Australia to understand if the industry market size is expected to grow or decline over the next five years.

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Medical Cannabis in Australia in Australia

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