- December 28, 2020
- Category: Drugs and Therapeutics, Healthcare and LifeSciences
Global cannabis market Size study, by Product Type (Flowers, Concentrates, Other), by Application (Medical, Recreational), by Compound (Tetrahydrocannabinol (THC)-dominant, Cannabidiol (CBD)-dominant, Balanced THC & CBD), and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Cannabis market, by Region, 2019-2027 (USD Billion) 1.2.2. Cannabis market, by Product Type, 2019-2027 (USD Billion) 1.2.3. Cannabis market, by Application, 2019-2027 (USD Billion) 1.2.4. Cannabis market, by Compound, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Cannabis market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Cannabis market Dynamics 3.1. Cannabis market Impact Analysis (2019-2027) 3.1.1. Market Drivers 18.104.22.168 Growth in the medical applications of cannabis 22.214.171.124 Increase in legalization of cannabis and rise in social acceptance of marijuana. 3.1.2. Market Challenges 126.96.36.199 Complex regulatory structure for the usage of cannabis 3.1.3. Market Opportunities 188.8.131.52 Product development via research and novel product delivery solutions Chapter 4. Global Cannabis market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Cannabis market, by Product Type 5.1. Market Snapshot 5.2. Global Cannabis market by Product Type , Performance - Potential Analysis 5.3. Global Cannabis market Estimates & Forecasts by Product Type 2018-2027 (USD Billion) 5.4. Cannabis market, Sub Segment Analysis 5.4.1. Flowers 5.4.2. Concentrates 5.4.3. Other Chapter 6. Global Cannabis market, by Application 6.1. Market Snapshot 6.2. Global Cannabis market by Application, Performance - Potential Analysis 6.3. Global Cannabis market Estimates & Forecasts by Application 2018-2027 (USD Billion) 6.4. Cannabis market, Sub Segment Analysis 6.4.1. Medical 6.4.2. Recreational Chapter 7. Global Cannabis market, by Compound 7.1. Market Snapshot 7.2. Global Cannabis market by Compound, Performance - Potential Analysis 7.3. Global Cannabis market Estimates & Forecasts by Compound 2018-2027 (USD Billion) 7.4. Cannabis market, Sub Segment Analysis 7.4.1. Tetrahydrocannabinol (THC)-dominant 7.4.2. Cannabidiol (CBD)-dominant 7.4.3. Balanced THC & CBD Chapter 8. Global Cannabis market, Regional Analysis 8.1. Cannabis market, Regional Market Snapshot 8.2. North America Cannabis market 8.2.1. U.S. Cannabis market 184.108.40.206. Product Type breakdown estimates & forecasts, 2018-2027 220.127.116.11. Application breakdown estimates & forecasts, 2018-2027 18.104.22.168. Compound breakdown estimates & forecasts, 2018-2027 8.2.2. Canada Cannabis market 8.3. Europe Cannabis market Snapshot 8.3.1. U.K. Cannabis market 8.3.2. Germany Cannabis market 8.3.3. France Cannabis market 8.3.4. Spain Cannabis market 8.3.5. Italy Cannabis market 8.3.6. Rest of Europe Cannabis market 8.4. Asia-Pacific Cannabis market Snapshot 8.4.1. China Cannabis market 8.4.2. India Cannabis market 8.4.3. Japan Cannabis market 8.4.4. Australia Cannabis market 8.4.5. South Korea Cannabis market 8.4.6. Rest of Asia Pacific Cannabis market 8.5. Latin America Cannabis market Snapshot 8.5.1. Brazil Cannabis market 8.5.2. Mexico Cannabis market 8.6. Rest of The World Cannabis market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Canopy Growth Corporation 22.214.171.124. Key Information 126.96.36.199. Overview 188.8.131.52. Financial (Subject to Data Availability) 184.108.40.206. Product Summary 220.127.116.11. Recent Developments 9.2.2. Aurora Cannabis Inc. 9.2.3. Terra Tech Corp. 9.2.4. VIVO Cannabis Inc. 9.2.5. The Cronos Group 9.2.6. Medical Marijuana Inc. 9.2.7. Organigrams Holding Inc. 9.2.8. Maricann Group Inc. 9.2.9. Ecofibre Limited 9.2.10. Harvest Health and Recreation Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Cannabis market is valued at approximately USD 20.6 billion in 2020nd is anticipated to grow with a healthy growth rate of more than 28.5 % over the forecast period 2020-2027. Cannabis is a tall plant that is used as a medicine that is legalized for medicinal use with a stiff upright stem. Growing cannabis legalization, and increasing advancement in cannabis genetic growth and intellectual property is fueling the growth of the market. For example, in January 2018 the Australian government allowed the region’s cannabis growers to export medical cannabis and its products to the global market. Many countries, such as Australia, Canada, Chile, Colombia, Germany, Greece, Israel, Italy, the Netherlands, Peru, Poland, Portugal, Uruguay and others, have legalized the use of cannabis for medicinal purposes. The provinces of the United States, where cannabis has been widely legalized, include the adult population aged 50 years and over. In addition, According to Cannabis Europa, by the end of 2020, France in Europe could catch up with Germany and the United Kingdom in the legalization of medical cannabis. However, the regulations pertaining to the usage of cannabis is varied from country to country, which may impede market growth over the forecast period of 2020-2027.
The regional analysis of the global Cannabis market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to growing legalization of cannabis for medical and recreational applications. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing awareness of CBD among citizens in the region.
Major market player included in this report are:
Canopy Growth Corporation
Aurora Cannabis Inc.
Terra Tech Corp.
VIVO Cannabis Inc.
The Cronos Group
Medical Marijuana Inc.
Organigrams Holding Inc.
Maricann Group Inc.
Harvest Health and Recreation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Balanced THC & CBD
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018-19
Base year – 2019-20
Forecast period – 2021 to 2027.
Target Audience of the Global Cannabis market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers