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Medical Cann*abis Gains Momentum In Treating Chronic Diseases, Fueling Canna*bis Cultivation Market Growth: A Key Factor Shaping the Future of the Cannabi*s Cultivation Market in 2025

02-21-2025 08:25 AM CET | Food & Beverage

Press release from: The Business research company

Cann*abis Cultivation Market

Cann*abis Cultivation Market

How Are the key drivers contributing to the expansion of the cannabi*s* cultivation market?
The cannabi*s* cultivation market is predicted to expand due to the increasing use of cannabi*s* to treat chronic illnesses. Chronic diseases, which are health conditions that persist for more than a year, necessitate ongoing medical treatment and hinder daily routines. By exhibiting safety, competency, and consistency suitable for regulatory endorsement in persistent disorders such as multiple sclerosis, and Dravet and Lennox-Gastaut Syndromes, the use of cannabi*s* for such illnesses bolsters cannabi*s* cultivation. As an example, Octopus Ventures, a UK venture capital fund revealed in April 22 that only 0.005% of those who could see benefits from medicinal cannabi*s* are being prescribed it in the UK, a stark contrast to Canada's rate, where 1% of the population benefits from it. Therefore, the use of cannabi*s* to manage chronic diseases is a significant driver for the cannabi*s* cultivation market.

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What growth opportunities are expected to drive the cannabi*s* cultivation market's CAGR through 2034?
The market size for cannabi*s* cultivation has seen swift expansion in recent times. Notably, it's projected to rise from $179.32 billion in 24 to an impressive $208.64 billion in 25, resulting in a compound annual growth rate (CAGR) of 16.3%. This increase during the historic period is largely associated with trends towards legalization, recognition of medical use, heightened consumer knowledge, and the influx of investments.

The size of the cannabi*s* cultivation market is predicted to experience accelerated expansion in the coming years, reaching an estimated $407.91 billion in 29 with a compound annual growth rate (CAGR) of 18.2%. Factors such as research and development, sustainable practices, and consumer education contribute to this anticipated growth within the forecast period. Future market trends expected to emerge include technological advancements, worldwide expansion, brand development, product diversification, strain customization, consolidation, and intensified competition.

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What are the emerging trends shaping the future of the cannabi*s* cultivation market?
The emergence of product innovations is identified as a prominent trend in the cannabi*s* cultivation industry. To solidify their standing in the market, leading enterprises are striving to launch novel products. For instance, Prospiant, an American firm specializing in controlled environment agriculture (CEA) greenhouse solutions and cannabi*s* cultivation and extraction technologies, introduced Delta Ethanol Extraction CUP-5 in January 22. This product was specifically designed to cater to prototype labs, educational research centers, and small-scale cannabi*s* processing facilities. It can manage plant matter in batches as modest as 3.5 pounds, finishing the extraction procedure in a timeframe of 2 to 12 minutes. It fuses mechanical centrifugation with closed-loop cold alcohol extraction technology, resulting in a final product of superior purity. Notably, it has the unique ability to function without a C1D2 environment or a hazardous location (HazLoc) requirement.

Which growth-oriented segments of the cannabi*s* cultivation market are leading the industry's development?
The cannabi*s* cultivation market covered in this report is segmented -

1) By Type: cannabi*s* Indica, cannabi*s* Sativa
2) By Source: Flower or Buds, Leaves, Other Sources
3) By Application Outlook : Medical Consumption, Recreational Consumption, Industrial Consumption

Subsegments:
1) By cannabi*s* Indica: Medicinal Strains, Recreational Strains, Hybrid Strains
2) By cannabi*s* Sativa: Medicinal Strains, Recreational Strains, Hybrid Strains

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What regions are leading the charge in the cannabi*s* cultivation market?
Asia-Pacific was the largest region in the cannabi*s* cultivation market in 24.The regions covered in the cannabi*s* cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the cannabi*s* cultivation market?
Major companies operating in the cannabi*s* cultivation market include Pacific cannabi*s* Growers Inc., Atlas Growers Ltd., Canntrust Holdings Inc, The Hydropothecary Corporation, Better Holdings Inc., Canopy Growth Corporation, Aurora cannabi*s* Inc., Aphria Inc., Cronos Group Inc., Tilray Inc., GW Pharmaceuticals plc, Organigram Holdings Inc., Harvest Health & Recreation Inc., Green Thumb Industries Inc., Trulieve cannabi*s* Corp., Curaleaf Holdings Inc., Cresco Labs Inc., TerrAscend Corp., MedMen Enterprises Inc., Acreage Holdings Inc., Columbia Care Inc., Vireo Health International Inc., Liberty Health Sciences Inc., Harvest One cannabi*s* Inc., Emerald Health Therapeutics Inc., Aleafia Health Inc., The Green Organic Dutchman Holdings Ltd., Supreme cannabi*s* Company Inc., CannTrust Holdings Inc., Cannara Biotech Inc., Auxly cannabi*s* Group Inc., MediPharm Labs Corp., Neptune Wellness Solutions Inc., Zenabis Global Inc.

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What Is Covered In The cannabi*s* Cultivation Global Market Report?

•Market Size Forecast: Examine the cannabi*s* cultivation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cannabi*s* cultivation market for a structured understanding.
•Key Players Overview: Analyze major players in the cannabi*s* cultivation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cannabi*s* cultivation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cannabi*s* cultivation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cannabi*s* cultivation market.
•Industry Challenges: Identify potential risks and obstacles affecting the cannabi*s* cultivation market.
•Competitive Landscape: Review strategic developments in the cannabi*s* cultivation market, including expansions, agreements, and new product launches.

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