Saudi Arabia Cannabis Market Size & Outlook, 2026-2034

Saudi Arabia Cannabis Market Insights

As per Deep Market Insights insights, the Saudi Arabia Cannabis Market stood at USD 1787.23 Million in 2025 and is anticipated to grow to USD 30448.92 Million by 2034.
The Saudi Arabia market is expected to advance at a CAGR of 37.1% from 2026 through 2034.
In 2025, Dispensaries accounted for the highest share of the market size.
During the forecast period, Specialty stores is set to register the highest growth, making it the most lucrative segment.

In 2025, Saudi Arabia accounted for 1.28% of the global Cannabis Market size.
By 2034, United States is expected to lead the global Cannabis Market in terms of market size.
Within Middle East and Africa, United Arab Emirates is projected to dominate the regional Cannabis Market size by 2034.
Saudi Arabia is identified as the fastest-growing market in Middle East and Africa, anticipated to reach USD 30585.64 Million by 2034.

Report Scope	Details
Base Year for Study	2025
Study Period	2022-2034
Historical Period	2022-2024
Forecast Period	2026-2034
Market Size In 2025	USD 1787.23 Million
Market Size In 2034	USD 30448.92 Million
Largest segment	Dispensaries
Units	Revenue in USD Million
CAGR	37.1% (2026-2034)
Segmnetation Covered
	Dispensaries Online retail Pharmacies Specialty stores
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends