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Global Cannabis Market to Grow at $110.7 Million by 2026

06-24-2019 05:57 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Cannabis Market to Grow at $110.7 Million by 2026

Value chain analysis helps analyze major raw materials, major equipment, manufacturing processes, customer analysis, and major Cannabis distributors. Due to the growing demand at the end user level, the Cannabis market is expected to see progress during the forthcoming period of 2018 to 2025.In 2018-2025, the CANNABIS market will establish monumental growth. The report includes a comprehensive statistical analysis, market share, company performance, historical analysis from 2012 to 2017, volume, revenue, growth rate and 2026 CAGR forecast. In recent years, it also provides explicit information on fusions, acquisitions, joint ventures and other significant market activities. The report also provides Porter analysis, PESTEL analysis and market attractiveness in order to better understand the market scenario at the macro and micro level. The report also includes a detailed description, a competitive scenario, a wide range of market leaders, and competitor-led business strategies with their SWOT analysis.

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Global Cannabis market is expected to rise from its initial estimated value of USD 13.4 million in 2018 to an estimated value of USD 110.7 million by 2026, registering a CAGR of 32.2% during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of plant protein amid rising amount of health concerns and veganism worldwide.

Table of Contents-Snapshot
- Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source

Get Detailed TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-cannabis-market

Key Developments in the Market:
• In December 2017, Health Canada provided licenses to two Quebec based cannabis production facilities.
• November 2017, Ohio Department of Commerce provided 12 provisional large-scale medical cannabis cultivation licenses.

Key Competitors:
• Canopy Growth Corporation Aurora Cannabis
• Medmen
• Terra Tech Corp
• Aphria
• Vivo Cannabis
• Chronos Group
• Medical Marijuana
• Stenocare
• Tikun Olam
• Organigrams Holding
• Cannabis Science
• Maricann Group
• Tilray
• Hexo
• Scotts Miracle-Gro
• GW Pharmaceuticals PLC
• MedReLeaf
• Insys Therapeutics
• CanniMed Therapeutics
• Cara Therapeutics

Competitive Analysis: Global Cannabis market
Global Cannabis market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cannabis market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Segmentation: Global Cannabis Market
• By Product Type (Flower, Concentrates, Others)
• By Application (Medical, Recreational)
• By Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC & CBD)

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Key Insights in the report:
• Competitive analysis of key competitors involved in the market
• Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
• Market drivers and restraints analysis along with the analysis of the market structure

Speak to Author https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-cannabis-market

Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.

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