The Global Cannabis Market Research Report published by emergen research has been formulated by analysis of key business details and extensive geographical spread of the Cannabis industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Cannabis market along with crucial statistical data about the Cannabis market.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
For instance, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global Cannabis market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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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.
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.
Market Dynamics:
The report offers insightful information about the market dynamics of the Cannabis market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Cannabis market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Cannabis market.
Key players in the 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, among others.
The current COVID-19 pandemic is expected to have an effect on the growth of the Cannabis industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Cannabis sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Cannabis industry.
Radical Highlights of the Cannabis Market Report:
- Comprehensive overview of the Cannabis market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Cannabis market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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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
- Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Medical
- Pain Management
- Neurological Health Management
- Mental Health Management
- Others
- Recreational
- Others
- Medical
Key questions addressed in the report:
- Who are the leading players dominating the global Cannabis Market?
- Which factors could potentially hamper the global market growth during the forecast period?
- Which regional market offers the most attractive growth opportunities to the companies operating in this market?
- How is the raw material availability affecting the demand for Cannabis in this industry vertical?
Research Methodology
- Data triangulation and market breakdown
- Research assumptions Research data including primary and secondary data
- Primary data includes breakdown of primaries and key industry insights
- Secondary data includes key data from secondary sources
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