Cannabis Market: Study Navigating the Future Growth Outlook | Aphria, Aurora Cannabis, Cannabis Science, VIVO Cannabis Inc.
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What is Cannabis?
The key factors such as legalization of medical cannabis, increasing awareness of medical cannabis through conferences, symposia, and workshops, and growing medicinal application of cannabis boosting the market over the years. The North America region is the fastest growing market among the all regions and is expected to grow with CAGR of 35.3%. This market is expected to reach to US$ 67,915.6 in 2027 from US$ 4,518.7 Mn in 2018. The growth in North America is characterized by increase in the approval of cannabis medicinal products. Moreover, increasing number of companies offering medicinal cannabis, growing medicinal applications of cannabis and increasing key factors contributing to the growth of cannabis market.
Some of the key players profiled in the study are Aphria, Inc., Aurora Cannabis, Cannabis Science, Inc., Canopy Growth Corporation, Medical Marijuana, Inc., VIVO Cannabis Inc., Tikun Olam Ltd, Terra Tech Corp., Tilray, Cronos Group, etc.
This report provides a detailed study of Cannabis market trends and forecast from 2020 to 2027, which assist to identify the prevailing market opportunities.
In-depth coverage of the global Cannabis market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
This study further includes market analysis in terms of type and applications.
Detailed study of the strategies of key leaders, partnerships, and acquisitions in the Cannabis Market is provided.
To understand the future outlook and prospects for the market.
The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Cannabis market. The researcher provides an extensive analysis of the Cannabis market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
The study assesses factors such as segmentation, description, and applications of Cannabis industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.
Scope of the Report
The research on the Cannabis market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Cannabis market on the basis of end user, product type, application, and demography for the forecast period 2021–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
GLOBAL CANNABIS MARKET – MARKET SEGMENTATION
Global Cannabis Market – By Product Type
Global Cannabis Market – By Application
o Pain Management
o Neurological Health Management
o Mental Health Management
Global Cannabis Market – By Compound
• Tetrahydrocannabinol (THC)-Dominant
• Cannabidiol (CBD)-Dominant
• Balanced THC and CBD
Global Cannabis Market – By Region
• North America
• Asia Pacific (APAC)
o South Korea
• Middle East & Africa (MEA)
o Saudi Arabia
o South Africa
• South America (SAM)
Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market
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