Canna bis Seeds Market Size, Share, Growth Statistics, Latest Trends, and Forecast 2031

The global canna bis seeds market revenue was around US$ 1.9 billion in 2021 and is estimated to reach US$ 6.9 billion by 2031, growing at a compound annual growth rate (CAGR) of 18.4% during the forecast period from 2022 to 2031.

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The canna bis seed has an ovular form, is about the size of a peppercorn, is pointed on both ends and only has a ridge that runs longitudinally from tip to tip on one side. This ridge widens as the seeds grow. The opposite side is the one that is rounded. Although unfertilized and underdeveloped seeds are sometimes smaller in size and can appear to be off-white, the body of the seed is still brown.

Factors Influencing Market Growth

The growing usage of canna bis and its derivatives by companies as a source of raw materials to make creative canna bis-infused products. Thus, this factor fuels the market growth.

Legalisation of seeds in many nations, increased consumer awareness of the benefits of canna bis seeds for health. Such factors drive market expansion.

Extending the usage of medicine, and creating new products with increased research and development initiatives propel the market growth.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a negative impact on the market. Due to the lockdown enacted by the government, exporters in both developing and developed countries had several challenges. Lockdown and restrictions procedures had an impact on local and international seed production, which in turn restrained the growth of the canna bis seed market. The market slowed down due to decreasing company sales and activities being halted.

Regional Insights

North America dominated the market. Canna bis use is being increasingly legalized in this region for both recreational and medical purposes, and this is causing the industry to thrive there. Additionally, the use of canna bis in medicine is also expanding quickly as more people become aware of its therapeutic benefits. These businesses plan to expand their production areas and engage in acquisitions and mergers. Thus, these factors boost the market in this region.

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Leading Competitors
The leading competitors in the global canna bis seeds market are:
Sensi Seeds
Barney?s Souvenirs BV
Seed Cellar
DINAFEM Seeds
Delicious Seeds
I Love Growing Marijuana
Christiania Seeds
Crop King Seeds
Dutch Passion
Paradise Seeds
Royal Queen Seeds
Tropical Seeds Co
Mountain Top Seed Bank
Seed Supreme
Green House Seed Co
Others
Segmentation Analysis
The global canna bis seeds market segmentation focuses on Nature, Type, Distribution Channel, and Region.
Segmentation based on Nature
Organic
Conventional
Segmentation based on Type
Feminized seeds
Regular seeds
Autoflowering seeds

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Segmentation based on Distribution Channel
Specialty stores
Wholesalers and distributors
Online sales channel
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific

Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA

South America
Brazil
Argentina
Rest of South America

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Table of Content

Chapter 1: Global Canna bis Seeds Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Canna bis Seeds market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Canna bis Seeds Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Cann abis Seeds market Size Forecast (2023-2031).

Continue….

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Canna bis Seeds market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Canna bis Seeds market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Canna bis Seeds market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Canna bis Seeds business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

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This release was published on openPR.