Cannabis Market Growth, Revenue Share Analysis, Company Profiles, and Forecast 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.

The latest report, titled ‘Global Cannabis Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Cannabis market scenario. The research report provides the reader with an in-depth interpretation of the Cannabis market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Cannabis industry. The market intelligence report is a prototype of the 360° overview of the global Cannabis industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

The Global Cannabis Market is projected to reach USD 48.29 billion in 2027. The market is being predominantly driven by the growing usage of cannabis for many medicinal and recreational usage and increasing legalization in many countries with proliferating portfolio of end-use products. Rising proven studies suggests supporting the medicinal properties to treat many medical conditions including chronic pain, glaucoma, and poor appetite, nausea, migraines, seizures, and anxiety, among many others have been helping grow its usage amongst the end-users.

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Global Cannabis Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • RD Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Cannabis market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Cannabis market and pinpoint the fundamental growth trends.  

Key Companies Profiled in the Report are

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

Global Cannabis Market Report - Segmental Analysis:

The global Cannabis business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Cannabis business sector.

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Cannabis Market Segmentation:

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

    • Flower
    • Concentrates
    • Others
  • Compound Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

    • Tetrahydrocannabinol
    • Cannabidiol (CBD)
    • Balanced THC CBD
  • Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

    • Medical
      • Pain Management
      • Neurological Health Management
      • Mental Health Management
      • Others
    • Recreational
    • Others

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East Africa
  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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