Cannabis Market Survey and Forecast Report 2027

 

Market Size – USD 8.26 Billion in 2019, Market Growth - CAGR of 24.6%, Market Trends – Infusion of cannabis in both alcoholic and non-alcoholic beverages, tremendous demand from the therapeutic market.

Based on the types, the Cannabis market has been further classified based on geography, application and consumption capability. On the basis of the product application, the industry is bifurcated taking into consideration those in demand and are an outcome of technology advancement. Region-wise, the performance of the industry along with the prominent vendors operating in the geography also illuminates stakeholders, business owners, and field marketing, executives. The different facets of the business based on parameters including new launches, acquisition and mergers and new entrants are discussed extensively during the study.

It will not be wrong to say that the Cannabis market report talks about customer experience that matters to every business owner planning to leverage the strategic insights for their brand growth. The case studies included in the study further demonstrate how recent innovation, mergers or acquisitions, new launches, research and development etc. have enables prominent leaders to curb toughest issues related to production volumes, demand and supply, supply chain management and more.  

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Regional Analysis

The North American region holds the largest spot in the growth of Cannabis market with a share of approximately 52.6% in the year 2019 and is contemplated to hold the same by the end of the decade due to constant growth of the construction industry of Mexico, Canada, and the United States in the region.

Regional Scope: North America; Europe; Asia Pacific; Central & South America; MEA

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.

Get Access to Full summary of this report @ https://www.emergenresearch.com/industry-report/cannabis-market

Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  1. Flower
  2. Concentrates
  3. Others

Compound Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  1. Tetrahydrocannabinol
  2. Cannabidiol (CBD)
  3. Balanced THC & CBD

Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  1. Medical
  2. Pain Management
  3. Neurological Health Management
  4. Mental Health Management
  5. Others
  6. Recreational
  7. Others

Location: New York, NY, USA

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