The Global Cannabis Market is projected to reach USD 88.44 billion by 2027 from USD 20.40 billion in 2021, at a CAGR 27.68% during the forecast period.
In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.
The report on cannabis identifies key attributes about the customer to define the potential market and identify different needs across the industry.
Understanding the potential customer group’s economies and geographies can help gain business acumen for better strategic decision-making. This market coverage across different industry verticals reveals the hidden truth about the players’ strategies in different verticals and helps the organization decide target audience.
This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.
Report Findings
- The Americas Cannabis Market size was estimated at USD 7,334.10 million in 2021, is expected to reach USD 9,077.90 million in 2022, and is projected to grow at a CAGR of 26.82% to reach USD 30,525.42 million by 2027.
- The Asia-Pacific Cannabis Market size was estimated at USD 5,606.68 million in 2021, is expected to reach USD 7,217.34 million in 2022, and is projected to grow at a CAGR of 28.47% to reach USD 25,210.70 million by 2027.
- The Europe, Middle East & Africa Cannabis Market size was estimated at USD 7,465.69 million in 2021, is expected to reach USD 9,483.24 million in 2022, and is projected to grow at a CAGR of 27.91% to reach USD 32,710.92 million by 2027.
Company Usability Profiles:
- Acreage Holdings
- Aurora Cannabis Inc.
- Cannabis Science Inc.
- CannTrust Holdings
- Canopy Growth Corporation
- Chronos Group Inc.
- Curaleaf Holdings, Inc.
- Green Thumb Industries Inc.
- GW Pharmaceuticals PLC
- Harvest Health & Recreation Inc.
- HEXO Corporation
- Medical Marijuana, Inc.
- MedMen
- Organigram Holdings Inc.
- StenoCare A/S
- Terra Tech Corp.
- Tikun Olam
- Tilray Inc.
- Trulieve Cannabis
- Vivo Cannabis Inc.
Market Segmentation & Coverage:
Form:
- Concentrated Oil
- Cream
- Food Additive
- Inhaled Liquids
- Supplement Capsule
- Tincture Spray
Product Type:
- Concentrates
- Flower
- leaves
- Seeds
Compound:
- Balanced THC & CBD
- Cannabidiol (CBD)-Dominant
- Tetrahydrocannabinol (THC)-Dominant
Source:
- Non-Organic
- Organic
Distribution Channel:
- Offline
- Online
Application:
- Cosmetics & Personal Care
- Food & Beverage
- Medical & Pharmaceuticals
- Pet Care
- Recreational
Region:
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Europe, Middle East & Africa
- France
- Germany
- Italy
- Netherlands
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- United Arab Emirates
- United Kingdom
For more information about this report visit https://www.researchandmarkets.com/r/eqwnna
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