Cannabis Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

$ PRICE - $ 3,000.00 – $ 8,900.00

Global Cannabis Market: By Product Type (Concentrates and Flowers), By Compound Type (CBD-Dominant, THC-Dominant, and Balanced THC & CBD), By Application (Medical and Recreational), and Geography

Request Sample

Request Methodology

Request Sample

$ PRICE - $ 3,000.00 – $ 8,900.00

Clear selection

SKU: N/A Categories: Healthcare, Pharmaceuticals Tags: Global Cannabis Market Growth, Global Cannabis Market Insights, Global Cannabis Market Key Players, Global Cannabis Market Price, Global Cannabis Market Share

Description
Table Of Content
Company Profile

Report

Description

The cannabis market size is estimated to be valued at USD 23,641.8 million in 2021 and is poised to grow at a significant CAGR of 16.3% over 2022-2028. Cannabis-based products come from the dried flowering tops, leaves, stems, and seeds of the Cannabis sativa (hemp) plant use dates back thousands of years, with consumption-based on recognized and accepted therapeutic and medical benefits. Based on the compound type the market is segmented into Tetrahydrocannabinol (THC), Cannabidiol (CBD), and Balanced THC & CBD. During the projected period, the cannabidiol (CBD) segment is expected to hold the largest share of the global cannabis market. Due to the increasing adoption of CBD-based products to treat various diseases, the global cannabidiol market is anticipated to grow at a lucrative rate over the forecast period. CBD-based products are available in a variety of health and wellness stores, including Rite Aid, CVS Health, and Walgreens Boots Alliance. Furthermore, CVS Health has decided to sell CBD topicals in all of its 800 shops, while Walgreens Boots Alliance has decided to sell CBD-containing topicals in 1500 of its stores across the United States. A greater understanding of cannabidiol’s medicinal potential has inspired a customer to purchase cannabidiol products regardless of price. Commercial merchants are increasingly concentrating on marketing cannabis-based items since they offer a higher profit margin. The increasing demand for cannabidiol for health and wellness purposes, and the rising acceptance and use of products due to government approvals is a major factor expected to boost the production of CBD-infused products resulting in the growth of the global cannabis market.

Recent Market Developments:

In March 2021 – STADA Arzneimittel AG, one of Germany’s largest pharmaceutical firms has entered the medical cannabis space with an agreement with Canadian firm MediPharm Labs, for the launch of two flower products and six more products to follow.

In May 2021- TCV Sciences, Inc. Announced the alunch of PLUSCBD calm and sleep gummies two flavorful gummies that support healthy stress responses and sleep cycles for people getting back to their normal routines.

Cannabis Market

MARKET SUMMARY

28.0%

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 28.0%
Largest Market– North America
Fastest Growing Market– Europe

Cannabis Market

Global cannabis market report gives comprehensive outlook on cannabis across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The report on global cannabis market gives historical, current, and future market sizes (US$ Bn) on the basis of product and services, application, sector, and region.
Key stakeholders of the global cannabis market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global cannabis products.

Market Key Players

Canopy Growth Corporation
Tikun Olam (Israel)
Aphria Inc. (Canada)
VIVO Cannabis Inc. (Canada)
Medical Marijuana, Inc. (US)
Cronos Group Inc. (Canada)
Terra Tech Corp. (US)
MedMen (US)
Maricann Group Inc. (Canada)
Cannabis Science Inc. (US)

Growth

Cannabis Market

The concentrates segment is projected to show significant growth over the forecast period due to their versatility in method of delivery and their ease of usage. Apart from aforementioned dynamics, concentrates are more potent in nature compared to flowers. Concentrates constitutes potency rate of 50% to 80% expected to propel the global cannabis market over the forecast years. Recreational segment is expected to propel the highest growth rate due to the growing demand for recreational cannabis and Uruguay is the only country in Latin America that has legalized the usage of recreational cannabis.

North-America Got Significant Share

Cannabis Market

North America accounted for larger revenue share in global cannabis market with significant CAGR. Increasing support by the government for the legalization of cannabis for both medicinal and recreational use coupled with growing awareness among the consumers about the health benefits of the cannabis are the factors that propel the growth of the market in the region. Moreover presence of major cannabis market players who involves in the continuous development of the products to fulfill the consumers demand. Europe is expected show significant growth over the forecast period. Asia Pacific and Middle East and Africa expect exhibit moderate growth over forecast years.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Key Findings of the Report

Global cannabis market expanding at significant CAGR over 2021 to 2027 owing to increasing legalization of cannabis use for both the medicinal and recreational use.
Based on Product, the concentrates segment of cannabis accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
Players focusing on launch of newer products and collaboration strategies to retain market position in global cannabis market

Key

Key Features of the Report

Cannabis Market Segmentation

by Product Type

Concentrates
Flowers

By Compound Type

CBD-Dominant
THC-Dominant
Balanced THC & CBD

By Application

Medicinal
Recreational

By Geography

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Russia
Poland
Rest of Europe

Asia-Pacific

Japan
China
India
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
South Korea
Rest of Asia-Pacific

Latin America

Brazil
Mexico
Argentina
Venezuela
Rest of Latin America

Middle East and Africa (MEA)

Gulf Cooperation Council (GCC) Countries
Israel
South Africa
Rest of MEA

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Report

Table Of Content

Executive Summary
Global Cannabis Market Introduction

2.1. Global Cannabis Market – Taxonomy

2.2. Global Cannabis Market –Definitions

2.2.1. By Product Type

2.2.2. By Compound Type

2.2.3. By Application

Global Cannabis Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Cannabis Market Dynamics – Factors Impact Analysis

Global Cannabis Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

Global Cannabis Market Forecast, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025

5.1. Concentrates

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Flowers

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

Global Cannabis Market Forecast, By Compound Type, 2014 – 2018 and Forecast, 2019 – 2025

6.1. CBD-Dominant

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. THC-Dominant

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Balanced THC & CBD

6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

Global Cannabis Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025

7.1. Medicinal

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Recreational

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

Global Cannabis Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025

8.1. North America

8.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Europe

8.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Asia Pacific

8.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Latin America

8.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. The Middle East & Africa

8.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Global Cannabis Market – Opportunity Analysis Index, By Product Type, Compound Type, By Application, and Region, 2019 – 2025

North America Cannabis Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

9.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Concentrates

9.1.2. Flowers

9.2. Compound Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.2.1. CBD-Dominant

9.2.2. THC-Dominant

9.2.3. Balanced THC & CBD

9.3. Application Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.3.1. Medicinal

9.3.2. Recreational

9.4. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.4.1. U.S.

9.4.2. Canada

9.5. North America Cannabis Market – Opportunity Analysis Index, By Product Type, By Compound Type, By Application, and Country, 2019 – 2025

9.6. North America Cannabis Market Dynamics – Trends

Europe Cannabis Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

10.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Concentrates

10.1.2. Flowers

10.2. Compound Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.2.1. CBD-Dominant

10.2.2. THC-Dominant

10.2.3. Balanced THC & CBD

10.3. Application Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.3.1. Medicinal

10.3.2. Recreational

10.4. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.4.1. U.K.

10.4.2. Germany

10.4.3. France

10.4.4. Italy

10.4.5. Spain

10.4.6. Russia

10.4.7. Rest of Europe

10.5. Europe Cannabis Market – Opportunity Analysis Index, By Product Type, By Compound Type, By Application, and Country, 2019 – 2025

10.6. Europe Cannabis Market Dynamics – Trends

Asia Pacific Cannabis Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

11.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Concentrates

11.1.2. Flowers

11.2. Compound Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.2.1. CBD-Dominant

11.2.2. THC-Dominant

11.2.3. Balanced THC & CBD

11.3. Application Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.3.1. Medicinal

11.3.2. Recreational

11.4. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.4.1. China

11.4.2. Japan

11.4.3. India

11.4.4. ASEAN Counties

11.4.5. Philippines

11.4.6. Rest of Asia Pacific

11.5. Asia Pacific Cannabis Market – Opportunity Analysis Index, By Product Type, By Compound Type, By Application, and Country, 2019 – 2025

11.6. Asia Pacific Cannabis Market Dynamics – Trends

Latin America Cannabis Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

12.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Concentrates

12.1.2. Flowers

12.2. Compound Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.2.1. CBD-Dominant

12.2.2. THC-Dominant

12.2.3. Balanced THC & CBD

12.3. Application Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.3.1. Medicinal

12.3.2. Recreational

12.4. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.4.1. Mexico

12.4.2. Brazil

12.4.3. Argentina

12.4.4. Chile

12.4.5. Rest of Latin America

12.5. Latin America Cannabis Market – Opportunity Analysis Index, By Product Type, By Compound Type, By Application, and Country, 2019 – 2025

12.6. Latin America Cannabis Market Dynamics – Trends

Middle East and Africa Cannabis Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

13.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.1.1. Concentrates

13.1.2. Flowers

13.2. Compound Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.2.1. CBD-Dominant

13.2.2. THC-Dominant

13.2.3. Balanced THC & CBD

13.3. Application Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.3.1. Medicinal

13.3.2. Recreational

13.4. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

13.4.1. GCC Countries

13.4.2. South Africa

13.4.3. Saudi Arabia

13.4.4. Turkey

13.4.5. Rest of MEA

13.5. Middle East and Africa Cannabis Market – Opportunity Analysis Index, By Product Type, By Compound Type, By Application, and Country, 2019 – 2025

13.6. Middle East and Africa Cannabis Market Dynamics – Trends

Competition Landscape

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)

14.2.1. Canopy Growth Corporation (Canada)

14.2.2. Tikun Olam (Israel)

14.2.3. Aphria Inc. (Canada)

14.2.4. VIVO Cannabis Inc. (Canada)

14.2.5. Medical Marijuana, Inc. (US)

14.2.6. Cronos Group Inc. (Canada)

14.2.7. Terra Tech Corp. (US)

14.2.8. MedMen (US)

14.2.9. Maricann Group Inc. (Canada)

14.2.10. Cannabis Science Inc. (US)

14.2.11. Aurora Cannabis Inc. (Canada)

14.2.12. STENOCARE (Denmark)

14.2.13. Tilray Inc. (Canada)

Research Methodology
Key Assumptions and Acronyms

Description

Description

Recent Market Developments:

search

Description

Cannabis Market

Cannabis Market

Cannabis Market

Key Findings of the Report

Key Features of the Report

by Product Type

By Compound Type

By Application

By Geography

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Product categories

Our Clients

ASIA PACIFIC OFFICE

EUROPE OFFICE