Press release
Cannabis Extract Machine Market Insights Shared in Detailed Report 2021 |Precision,Capna Systems,Eden Labs,Apeks Supercritical,extraktLAB
The Global “Cannabis Extract Machine Market” report has an in-depth assessment of the current feature and key elements of a particular industry. The study takes into account the current state of the Cannabis Extract Machine market and its market dynamics for the period 2021-2027. It includes an in-depth assessment of various growth drivers, restraints, and market trends. The file contains the supply and demand components of the market. Profiles and studies the major and various essential companies operating in the market. The reports have been compiled using main and sub-research methods. These two methods are used to collaborate with accurate and meticulous data on market dynamics, historical events and current market conditions. The report also includes a SWOT analysis that summarizes the strengths, weaknesses, opportunities and threats that affect the segments of the overall market.The Global Cannabis Extract Machine Market Size is Projected to Reach at a CAGR of 16.6% during 2021-2027.
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Industry Top Key players are: Precision,Capna Systems,Eden Labs,Apeks Supercritical,extraktLAB,Cedarstone Industry,MediPharm Lab,Integrated Extraction,Dragonfly Technologies
Recent Developments
In March 2020, DigiPath Inc. announced that it had received a research and development license from Health Canada to cultivate cannabis.
In January 2020, PharmLabs LLC announced that it had received ISO 17025 accreditation for its testing products.
Market segmentation
Cannabis Extract Machine market is split by Type and by Application. For the period 2021-2027, the growth among segments provides accurate artifices and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation by type:
Sub/Supercritical CO2 Extraction Machine
Ethanol Extraction Machine
Hydrocarbon Extraction Machine
Solvent-less Extraction Machine
Others
Market segmentation by application:
Recreational Cannabis
Medical Cannabis
Regional Analysis:
Global Cannabis Extract Machine Market is further classified on the basis of region as follows:
North America Dominates the Market and is Expected to do the Same in the Forecast Period
North America is expected to dominate the overall market throughout the forecast period. The market growth is due to factors such as the high prevalence of chronic diseases in the region, favorable legislation, and the presence of large companies.
According to UCB Canada Inc., a major biopharmaceutical company based in Canada, there were over 100,000 cases of Parkinson’s disease in 2018, with about 6,600 new cases of Parkinson’s diagnosed each year in Canada. The Parkinson's Foundation of the United States estimated that around 60,000 people are diagnosed with Parkinson’s Disease each year. Cannabis-derived products are used to treat some symptoms of neurological disorders like Parkinson's. Such high incidence rates are expected to have a positive effect on the market growth. Canada was one of the first countries in the world to legalize the production and use of cannabis. In October 2019, it updated its laws to establish rules for the legal production and sale of three new classes of cannabis, which included edible cannabis, cannabis extracts, and cannabis topicals. These products need advanced purification and testing equipment for their extraction from cannabis sativa plants. Thus, regulatory changes like the one in Canada are expected to have a positive effect on the market development.
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Table of Contents Cannabis Extract Machine Market
- Chapter 1: Overview of Cannabis Extract Machine Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Manufacturers Introduction and Market Data
- Chapter 8: Upstream and Downstream Market Analysis
- Chapter 9: Cost and Gross Margin Analysis
- Chapter 10: Marketing Status Analysis
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Cannabis Extract Machine Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Cannabis Extract Machine Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report offers significant features about the central members that are existing in the business for quite a while just as gives insights about their production design, product portfolio, and other data. The study document contains an assessment of various drivers, upcoming technologies, opportunities, market risks, restraints, market barriers, challenges, trends, competitive landscape, and segments which gives an exact picture of the growth of the global Cannabis Extract Machine market.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Cannabis Extract Machine Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Cannabis Extract Machine market document.
Customization of this Report
The Global Cannabis Extract Machine Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
Please contact our sales professional (sales@marketintelligencedata.com), we will ensure you obtain the report which works for your needs.
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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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