By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Cannabis NewsCannabis News
  • Cannabis
  • CBD
  • Science
  • Culture & Arts
  • Cannabis Press Releases
  • More
    • About Maryjanes Post
    • Cannabis Advertising
    • Cannabis Partnerships
Reading: Global Cannabis Extraction Equipment Market Forecast and Analysis, 2016-2021 & 2022-2027 with 2021 as the Base Year – ResearchAndMarkets.com
Share
Aa
Aa
Cannabis NewsCannabis News
Search
  • Topics
    • Business
    • Cannabis
    • Cannabis Tech
    • Culture & Arts
    • Industry Leaders
    • Cannabis Press Releases
  • Topics
    • Business
    • Cannabis
    • Cannabis Tech
    • Culture & Arts
    • Industry Leaders
    • Cannabis Press Releases
  • About Maryjanes Post
    • Ambassador
    • Cannabis Partnerships
Follow US
  • Ad Choices
  • RSS Terms of Service
© 2018 - 2022 MaryJanes Post Media. All Rights Reserved.
Cannabis News > Cannabis Press Releases > Global Cannabis Extraction Equipment Market Forecast and Analysis, 2016-2021 & 2022-2027 with 2021 as the Base Year – ResearchAndMarkets.com
Cannabis Press Releases

Global Cannabis Extraction Equipment Market Forecast and Analysis, 2016-2021 & 2022-2027 with 2021 as the Base Year – ResearchAndMarkets.com

Business Wire
Last updated: 2022/06/10 at 3:38 PM
Business Wire Published June 10, 2022
Share
SHARE
DUBLIN–(BUSINESS WIRE)–The “Global Cannabis Extraction Equipment Market, By Product, End User & By Region – Forecast and Analysis 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

logo Cannabis Media & PR

The global cannabis extraction equipment market was valued at USD 8310.32 Million in 2021, and it is expected to reach a value of USD 22602.12 Million by 2027, at a CAGR of more than 15.04% over the forecast period (2022 – 2027).

Cannabis extraction is an oil-like substance that concentrates chemical compounds like THC or CBD from the cannabis plant. Cannabidiol (CBD) oil is a natural botanical concentrate that is high in the compound CBD. There are around 85 cannabinoids identified in the cannabis plant, with CBD being the second most common after tetrahydrocannabinol (THC).

Many medical benefits have been founded in Cannabidiol Oil (CBD Oil), which stimulated the demand. In addition, more and more countries are struggling with the legalization of the application of hemp or Marijuana.

The rising popularity of cannabis extracts such as oils and tinctures, as well as the legalization of marijuana for the treatment of various chronic diseases such as Alzheimer’s, cancer, arthritis, and anxiety, are driving the market growth. Because of increased awareness of marijuana’s medical benefits, the marijuana industry is booming.

Decriminalization and/or legalization of medical marijuana in some countries has resulted in a decrease in the black market as people prefer to buy marijuana legally for medical purposes.

Cannabis oils and tinctures can be used to create edible and topical products in addition to smoking. These are commonly used to treat conditions such as cancer, mental illness, and nausea, as well as for recreational purposes such as vaping.

The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period.

Companies Mentioned

  • Rough Brothers, Inc
  • Precision Extraction Solutions
  • Eden Labs
  • Isolate Extraction Systems Inc.
  • Extraktl Ab
  • Extractiontek Solutions
  • Capna Systems
  • Mrx Xtractors
  • Luna Technologies

For more information about this report visit https://www.researchandmarkets.com/r/jxalr3

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

You Might Also Like

 Flower One Obtains Meeting Order Under the Companies’ Creditors Arrangement Act (Canada)

United States Alternative Adult Beverages Market Report 2022: The Burgeoning Adult Beverage Segment Expanding the Adult Beverage Horizon – ResearchAndMarkets.com

Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com

Organigram Launches HOLY MOUNTAIN to Further Support Its Strong Position in the Dried Flower and Hash Categories

Leafly to Participate at Upcoming Investor Conferences

TAGGED: Business Wire
Business Wire June 10, 2022
Share this Article
Twitter Reddit Email Copy Link
Previous Article Eleusis and Silver Spike Acquisition Corp. II Mutually Agree to Terminate Business Combination Agreement
Next Article Global Vertical Farming Industry to 2026 – Advancements in Gardening & Farming Technologies Propel Market Growth – ResearchAndMarkets.com

Cannabis News and More

Work with an experienced cannabis media firm to provide your brand with the exposure it needs.

Cannabis Topics

  • Cannabis
  • Business
  • CBD
  • Cannabis Science
  • Culture & Arts

Company

  • About Maryjanes Post
  • Contact Cannabis Media
  • Contributor Guidelines

Terms of Use

  • TERMS
  • PRIVACY
  • CONTRIBUTOR AGREEMENT
  • DMCA

Resources

  • Write For UsNew
  • Media KitNew
  • Cannabis Advertising
  • Cannabis Partnerships
  • Cannabis Press ReleaseNew
Cannabis NewsCannabis News
Follow US

© 2018 - 2022 MaryJanes Post Media. All Rights Reserved.

  • Ad Choices
  • RSS Terms of Service
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?