The growing legalization of cannabis across the globe and the demand for medical marijuana in managing various neurological and mental disorders are projected to propel the growth of the market during the forecast period.
Market Analysis
Distribution Channel Analysis
Competitor Analysis
Risk Analysis
Financial Analysis
Brand Analysis
Custom Research
Custom Market Intelligence
Product Analysis Demand Analysis
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring & Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel
Feasibility
Customer Identification Survey
Competitive Landscape / M&A
Feasibility
Power & Energy
Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy
Information and Tech
Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce
Materials and Chemicals
Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings
Food & Beverages
Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports
Nutrition, Frozen and Processed Food, Household, Retail
Automotive Services
Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems
Pharma & Healthcare
Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical
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.
There has been a lot of advancement happening in the industry by various key market players to increase market penetration, such as, In May 2018, Aurora Cannabis acquired MedReleaf. The agreement brings together two of Canada’s premier marijuana companies with fully-aligned strategic visions. The company will come together and create a powerful platform for accelerated growth on a global scale. Aurora and MedReleaf teams consider the acquisition to be a vital successful deal in the marijuana industry; low production costs and industry-leading yields can be expected out of this agreement as Aurora’s programmed greenhouses are anticipated to provide industry-leading efficiency and low production costs, delivering sustainably robust margins.
• Based on Compound, THC dominates the industry share attributed to the fact that these compound contains the psychoactive substance in marijuana products and is responsible for the head high feeling. Even though high THC content is better known for its mind-altering euphoria, it has significant medical benefits and is considered useful in relieving nausea, appetite loss, and insomnia.
• Geographically, North America, especially the United States and Canada, dominates the market. The recent legalization of marijuana taken place in the North America segment for medical purposes has been a significant driver of marijuana market growth. Other major sections include Europe (Germany, Italy, France, the Netherlands, and Spain), Asia Pacific, Latin America, and the Middle East and Africa.
• Improving lungs capacity, fighting cancer, helping in weight reduction, treating as an antidepressant, and alleviating anxiety, among others are some of the benefits that can be incubated from cannabis, and have been crucial supporting factors for the market growth.
Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/98
For the purpose of this report, Emergen Research has segmented into the global Cannabis Market on the basis of Product Type, Compound, Application, and region:
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
Read More@ https://www.emergenresearch.com/industry-report/cannabis-market
Parameter
Market Size Estimation Period
Details
2019-2027
Base Year Considered 2019
Historical Data
Forecast Period
2016-2018
2020-2027
Quantitative Units Revenue in USD million & CAGR from 2021 to 2028
Segments Covered Types, Application, End-Users, Regions & more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization & expert consultation
Pricing and Purchase Options
Explore Different Purchase Options & Request for Discount to Avail New Year Discount
w w w . e m e r g e n r e s e a r c h . c o m
Latest published reports from the Healthcare Sector by Emergen Research
iot connectivity market
https://www.emergenresearch.com/industry-report/iot-connectivity-market
wi-fi 6 devices market
https://www.emergenresearch.com/industry-report/wifi-6-devices-market
implantable cardioverter defibrillator market
https://www.emergenresearch.com/industry-report/implantable-cardioverter-defibrillator-market
gaming mouse market
https://www.emergenresearch.com/industry-report/gaming-mouse-market
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially marketdisrupting technologies that are predicted to become more prevalent in the coming decade.
Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors.
