The latest market intelligence report, titled ‘Global Cannabis Market’, is intended to provide the target audience with the necessary information about the global Cannabis industry.
Vancouver, B.C., September 14, 2020 – 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.
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Key players 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, among others.
The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Cannabis market players.
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The research study presents an industry-wide summary of the Cannabis market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Cannabis7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The Cannabis market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
- Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Compound Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Cannabidiol (CBD)
- Balanced THC & CBD
- Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Pain Management
- Neurological Health Management
- Mental Health Management
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The Cannabis industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- 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)
Key Questions Answered in the Report:
- What is the growth rate of the Cannabis market? What is the anticipated market valuation of the Cannabis industry by 2027?
- What are the key growth driving and restraining factors of the Cannabis market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Cannabis industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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