China is the bigger Cannabis market: $2.7 Bn against $617 Mn in 2023, about 4.4 times as large.
India grows faster: 16.5% a year, against 15%. The gap still grows from $2.1 Bn to $8.2 Bn by 2033.
Clinical research: 5 active trials in China, 1 in India.
| Measure |  China |  India |
|---|---|---|
| Market size, 2023 | $2.7 Bn | $617 Mn |
| Market size, 2033 projected | $11 Bn | $2.8 Bn |
| Growth a year (CAGR) | 15% | 16.5% |
| Money added, 2023–2033 | $8.3 Bn | $2.2 Bn |
| Share of the world market | 8% | 1.8% |
| Size rank of 24 countries | #2 | #12 |
| Market per person, 2023 | $1.94 | $0.42 |
| Active clinical trials | 5 | 1 |
| Full report | China report | India report |
Year by year, 2023 to 2033
China India · values between 2023 and 2033 are projected from the 2023 size and the CAGR.
Quick answers
Which is bigger in Cannabis, China or India?
China is the bigger Cannabis market: $2.7 Bn against $617 Mn in 2023, about 4.4 times as large.
Which grows faster in Cannabis, China or India?
India grows faster: 16.5% a year, against 15%. The gap still grows from $2.1 Bn to $8.2 Bn by 2033.
More Cannabis comparisons
Sources: market size and growth: Acuitas Health Analytics research (2023 base year, forecasts to 2033). Trials: ClinicalTrials.gov (fetched 10 Nov 2026); found by search words, so counts are a guide. Population: World Bank.