Press release
Cannabis Products Market Future Growth With Technology And Current Trends 2021 To 2025
The Business Research Company
The global cannabis products market is expected to grow from $16.51 billion in 2020 to $18.37 billion in 2021 at a compound annual growth rate (CAGR) of 11.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cannabis products market is expected to reach $46.19 billion in 2025 at a CAGR of 25.9%.
The Business Research Company offers "Cannabis Products Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.
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The cannabis products market consists of sales of cannabis products and related services. Cannabis is a psychoactive drug which is obtained from the cannabis plant of the cannabaceae family. Cannabis can be used for the treatment of various diseases such as chronic pain, cancer pain, depression, anxiety disorders, sleep disturbances and neurological disorders.
Some of the key players involved in the cannabis products market are Canopy Growth Corporation, Aphria Inc., Aurora Cannabis, Cara Therapeutics and GW Pharmaceuticals PLC.
The countries covered in the global cannabis products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global cannabis products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Cannabis Products Market Segmentation:
1) By Product Type: Flower, Concentrates, Others
2) By Usage: Medical, Recreational
3) By Compound: THC-Dominant, CBD-Dominant, Balanced THC & CBD
4) By Route Of Administration: Oral Solutions And Capsules, Smoking, Vaporizers, Topicals, Others
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/cannabis-products-global-market-report
A Few Points From The Table Of Content
1. Executive Summary
2. Cannabis Products Market Characteristics
3. Cannabis Products Market Size And Growth
4. Cannabis Products Market Segmentation
5. Cannabis Products Market Regional And Country Analysis
……
26. Cannabis Products Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Cannabis Products Market
28. Cannabis Products Market Trends And Strategies
29. Cannabis Products Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the cannabis products market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Contact Information:
The Business Research Company
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About The Business Research Company:
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology. TBRC excels in company, market, and consumer research.
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