The report is updated with the impact of the COVID-19 pandemic on the Cannabis market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Cannabis market has been positive or negative.
The Global Cannabis Market is projected to reach USD 48.29 billion in 2027. The market is being predominantly driven by the growing usage of cannabis for many medicinal and recreational usage and increasing legalization in many countries with proliferating portfolio of end-use products. Rising proven studies suggests supporting the medicinal properties to treat many medical conditions including chronic pain, glaucoma, and poor appetite, nausea, migraines, seizures, and anxiety, among many others have been helping grow its usage amongst the end-users.
Emergen Research has recently published a detailed report on the global Cannabis market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Cannabis market through verified and validated data curated to offer accurate insights.
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The report further divides the Cannabis market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Cannabis market.
Cannabis Market Segmentation:
Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Flower
- Concentrates
- Others
Compound Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Tetrahydrocannabinol
- Cannabidiol (CBD)
- Balanced THC CBD
Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Medical
- Pain Management
- Neurological Health Management
- Mental Health Management
- Others
- Recreational
- Others
- Medical
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The report also studies the key companies of the Cannabis market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Cannabis market include:
Canopy Growth Corporation, Aurora Cannabis Inc., Tikun Olam, Cannabis Science Inc., Aphria Inc., Maricann Group Inc., Tilray Inc., VIVO Cannabis Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., and MedMen
The Global Cannabis Report is a panoramic study of the overall Cannabis market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Cannabis market. The report provides a detailed analysis of the key factors of the Cannabis market that are expected to have a positive impact on the growth of the Cannabis industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
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