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Cannabis Products Market Share Report 2021: COVID-19 Impact, Growth Overview, Competitive Landscape, Demand And Regional Forecast To 2030
The Business Research Company offers " Cannabis Products Global Market Report 2021: COVID-19 Growth And Change To 2030" 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 trend s and strategies that players in the market can adopt.The cannabis products market report describes and explains the global cannabis products market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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.
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%.
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Some of the major players of 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.
The global cannabis products market is segmented -
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
Read More On The Global Cannabis Products Market Report:
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Few Points From Table Of Content
1. Executive Summary
2. Cannabis Products Market Characteristics
3. Cannabis Products Market Trends And Strategies
4. Impact Of COVID-19 On Cannabis Products
5. Cannabis Products Market Size And Growth
.....
27. Cannabis Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cannabis Products Market
29. Cannabis Products Market Future Outlook And Potential Analysis
30. Appendix
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