Cannabis Market Size by Product Type (Flowers, Concentrates and Other product types), By Application (Medical and Recreational), By Compound (Tetrahydrocannabinol (THC)-dominant, Cannabidiol (CBD)-dominant and Balanced THC & CBD), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The Cannabis Market is expected to be around US$ 52 Billion by 2027 at a CAGR of xx% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
6
REPORT DESCRIPTION
The Cannabis Market is expected to be around US$ 52 Billion by 2027 at a CAGR of xx% in the given forecast period.
Increasing demand for cannabis-infused Candies, chocolates and beverages is propelling the marijuana market growth. The rising trend among adults to use cannabis/marijuana for recreational purposes is boosting its market as they inhale its smoke and vapor to have euphoric feeling. Furthermore, the product innovation and its packaging is also has a prominent role in augmenting the market growth. Moreover, cannabis legalization is often regarded upon with dual perceptions wherein its legalization has been proven to be met with skepticism related to possible abuse. Legalization of cannabis has enabled people to practice safe substance usage coupled with realizing its medicinal advantages. As a result of which, various countries are gradually legalizing the usage of cannabis across the world which is likely to augment the market growth.
The global Cannabis market is segregated on the basis of Product Type as Flowers, Concentrates and Other product types. Based on Application the global Cannabis market is segmented in Medical and Recreational.
Based on Compound, the global Cannabis market is segmented in Tetrahydrocannabinol (THC)-dominant, Cannabidiol (CBD)-dominant and Balanced THC & CBD.
The global Cannabis market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Cannabis market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Canopy Growth Corporation, Aurora Cannabis Inc., MedMen, Terra Tech Corp., Aphria Inc., VIVO Cannabis Inc., The Cronos Group, Medical Marijuana Inc., Stenocare, Tikun Olam, Organigrams Holding Inc., Cresco Labs, Maricann Group Inc., Indiva, Hexo Corp., and others are among the major players in the global Cannabis market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Cannabis Market has been segmented as below:
Cannabis Market, By Product Type
Cannabis Market, By Application
Cannabis Market, By Compound
Cannabis Market, By Region
Cannabis Market, By Company
The report covers:
Report Scope:
The global Cannabis market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Cannabis market share. Major industry players with significant revenue share include Canopy Growth Corporation, Aurora Cannabis Inc., MedMen, Terra Tech Corp., Aphria Inc., VIVO Cannabis Inc., The Cronos Group, Medical Marijuana Inc., Stenocare, Tikun Olam, Organigrams Holding Inc., Cresco Labs, Maricann Group Inc., Indiva, Hexo Corp, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Cannabis Market, By Product Type
5.1. Introduction
5.2. Flowers
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Concentrates
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Other product types
5.4.1. Market Overview
5.4.2. Market Size and Forecast
6. Cannabis Market, By Application
6.1. Introduction
6.2. Medical
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Recreational
6.3.1. Market Overview
6.3.2. Market Size and Forecast
7. Cannabis Market, By Compound
7.1. Introduction
7.2. Tetrahydrocannabinol (THC)-dominant
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Cannabidiol (CBD)-dominant
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Balanced THC & CBD
7.4.1. Market Overview
7.4.2. Market Size and Forecast
8. Cannabis Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Cannabis, By Product Type
8.2.2. North America Cannabis, By Application
8.2.3. North America Cannabis, By Compound
8.3. Europe
8.3.1. Europe Cannabis, By Product Type
8.3.2. Europe Cannabis, By Application
8.3.3. Europe Cannabis, By Compound
8.4. Asia-Pacific
8.4.1. Asia-Pacific Cannabis, By Product Type
8.4.2. Asia-Pacific Cannabis, By Application
8.4.3. Asia-Pacific Cannabis, By Compound
8.5. Rest of the World
8.5.1. Rest of the World Cannabis, By Product Type
8.5.2. Rest of the World Cannabis, By Application
8.5.3. Rest of the World Cannabis, By Compound
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. Canopy Growth Corporation
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Aurora Cannabis Inc.
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. MedMen
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Terra Tech Corp.
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Aphria Inc.
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. VIVO Cannabis Inc.
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. The Cronos Group
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Medical Marijuana Inc.
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Stenocare
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Tikun Olam
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. Organigrams Holding Inc.
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. Cresco Labs
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. Maricann Group Inc.
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
10.14. Indiva
10.14.1. Company Overview
10.14.2. Product/Service Landscape
10.14.3. Financial Overview
10.14.4. Recent Developments
10.15. Hexo Corp.
10.15.1. Company Overview
10.15.2. Product/Service Landscape
10.15.3. Financial Overview
10.15.4. Recent Developments
The Cannabis Market has been segmented as below:
Cannabis Market, By Product Type
Cannabis Market, By Application
Cannabis Market, By Compound
Cannabis Market, By Region
Cannabis Market, By Company
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