Industry Analysis
Medicinal cannabis makes up a sizable portion of the cannabis market due to the Many nations have approved the use of cannabis for medicinal purposes, including Australia, Canada, Chile, Colombia, Germany, Greece, Israel, Italy, the Netherlands, Peru, Poland, Portugal, and Uruguay. Data Bridge Market Research analyses that the cannabis market was valued at USD 25.40 billion in 2021 and is further estimated to reach USD 168.58 billion by 2029, and is expected to grow at a CAGR of 9% during the forecast period of 2022 to 2029.
Cannabis Market research report has put forth a bench-marking example for a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East Africa (MEA). The chapter of the competitive landscape is presented well in the market research report and is analyzed based on the tools such as Porter’s five forces analysis. The study throws light upon market attractiveness where all the segments are arranged based on the compound growth rate, size, and general attractiveness.
Get a Free Sample of The Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cannabis-market
Market Insights and Scope
Some cannabis compounds have a mental effect (they alter the mind), whereas others do not. Depending on how the producer grows and how the plant operates, the strength and balance of the elements varies. Global Cannabis Market has a variety of medicinal benefits, including controlling and reducing epileptic seizures, assisting those with PTSD, protecting the brain after a stroke, relieving rheumatoid arthritis, and reducing chemotherapy side effects.
Cannabis is a plant that is used for recreational and medical uses. People utilise the dried leaves, seed oil, and other elements of the cannabis plant. It can be a positive consequence that helps to relieve the symptoms of a variety of diseases, including chronic pain
An excellent Data bridge market research report covers the systematic and comprehensive market research study, to provide the facts and figures allied with any subject in the field of marketing. With the specific and state-of-the-art information presented in this industry report, businesses can be aware about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the Food and Beverage industry. Quality and transparency are strictly maintained while carrying out research studies to offer an exceptional market research report for specific niche.
Get full access to the report: https://www.databridgemarketresearch.com/reports/global-cannabis-market
Industry Segmentation and Size
The cannabis market is segmented on the basis of product type, usage, crop variety and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Buds
- Oil
- Tinctures
- Others
Usage
- Medical
- Recreational
Crop Variety
- Cannabis Indica
- Cannabis Sativa
- Others
Distribution Channel
- Physical
- Digital
- Others
Market Country Level Analysis
- The countries covered in the cannabis market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Industry Share Analysis
Some of the major players operating in the cannabis market are:
- The Cronos Group (Canada)
- Tilray (US)
- Marley Natural (US)
- Aurora Cannabis (Canada)
- Cara Therapeutics (US)
- ARUMA LABS HOLDINGS PTY LIMITED (Australia)
- Medcan Australia (Australia)
- Sundial Growers Inc. (Canada)
- Canopy Growth Corporation (Canada)
- The Scotts Company LLC (US)
- Aphria Inc. (Canada)
- VIVO Cannabis Inc. (Canada)
- Cannatrek (Australia)
- SpeedWeed (US)
- GW Pharmaceuticals plc. (UK)
- Harborside Health Center (US)
- Steep Hill, Inc. (US)
- CBD Einstein. (US)
- Weedmaps (US)
Cannabis Market Report Answers the Following Questions:
What is the expected growth rate of the Cannabis Market during the forecast period?
What are the various factors that are likely to drive the growth of the Cannabis Market?
What are the major challenges faced by the Cannabis Market, and how are they being addressed?
Who are the key players operating in the Cannabis Market, and what are their strategies for growth?
What are the emerging trends in the Cannabis Market, and how are they expected to shape the market in the coming years?
Browse Related Reports@
Paper and Paperboard Packaging Market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
