Press release
North America Cannabis Market 2016 | Promising Growth Factors,Future Demand,Business Opportunity,Market Share and Growth Rate,Investment Forecast 2021
North America Cannabis Market, North America Cannabis Market size, North America Cannabis Market share, North America Cannabis
Major Key Players :-
Canadian Cannabis Corporation
Plandai Biotechnology
Tweed Marijuana
Omnicanna Health Solutions
Privateer Holdings
Arena Pharmaceuticals
Canna Brands
Cannabis Sativa Inc
North America Cannabis Market Poised to Grow at A CAGR Over 30% between 2016 and 2021
Request For Sample Copy of this Report@https://www.marketresearchfuture.com/sample_request/950
Key Findings:
Among the derivatives marijuana accounts for the largest market share. The revenue of this segment stood more than USD 2.5 billion in 2015.
The U.S. being the largest market in the region accounted for over 95% of the market size of the North America cannabis market.
Rapid growth of cannabis and its applications in medicinal purposes has driven the growth in this market.
Market Synopsis of Cannabis Market
The report on North America cannabis market focuses primarily on the major markets in the region such as the U.S. Canada and Mexico. The market size of cannabis stood over USD 3.5 billion in 2015. It is expected to expand at a CAGR over 33% over the period of 2016 to 2021.
Objective Study of Cannabis Market:
• To provide detailed analysis of the cannabis market along with historic data from 2011 and forecast for the next 5 years of the various segments and sub-segments of the North America cannabis market
• To provide insights into the factors affecting global market growth.
• To analyze the cannabis market on the basis of factors such as price analysis, supply chain analysis, and Porter’s five force analysis.
• To provide country level analysis of the market with respect to the current market size and prospective by 2021
• To provide country level analysis of the market for segments by derivatives, applications of cannabis.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
Regional Coverage
• North America
• US
• Rest of North America
Cannabis market in North America was over USD 3.5 billion in 2015. This industry was mainly operating in the black market; however with developments in the medical applications of the derivatives such as marijuana and hemp this market experienced significant growth over the past few years. Presently, the cannabis market is not a bare collaboration of the growers or producers of marijuana and hemp; it is rather a conglomerate of science and technology. The U.S. being the largest market in the region was valued over USD 3 billion and is anticipated to grow at a CAGR over 30% between 2016 and 2021.
Segments
North America Cannabis Market can be segmented as follows:
Segmentation by Derivatives: Marijuana/Flowers And Industrial Hemp, Other Concentrates/Products which include keif, hash, hash oil etc.
Segmentation by Applications type: on the basis of applications the market is segmented as
Applications of marijuana
• Medicinal applications
• Recreational applications
• Others
Applications of hemp.
• Food and baby care
• Clothing and textile
• Others
Complete Report Details Available@ https://www.marketresearchfuture.com/reports/cannabis-market-industry-950
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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