The report offers the Cannabis Market landscape is undergoing rapid transformation, influenced by various economic, technological, and demographic factors. As industries pivot to adapt to these changes, understanding market dynamics becomes crucial for stakeholders. In this context, the Cannabis market emerges as a significant area of interest, driven by advancements in technology, shifting consumer preferences, and evolving regulatory frameworks. The market has witnessed steady growth over the past few years, and projections suggest a continued upward trend. This growth can be attributed to several factors, including the increased adoption of innovative solutions, rising demand from emerging economies, and the expansion of industries that rely on the Cannabis market.
The global cannabis market is expected to grow at 25% CAGR from 2024 to 2030. It is expected to reach above USD 103 Billion By 2030 from USD 24.6 Billion in 2023.
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Top Key players in Global Cannabis Market Report:
Bio-Radd laboratories, thermo fisher scientific inc, merck KGaA, VWR international LLC, Eppendorf SE, BioSpherixltd, becton, bio-techne corporation, cytiva, lonza group, avantor inc, agilent technologies.
Market Segment and sub segment:
Key Market Segments: Cannabis Market
Cannabis Market By Product Type, 2022-2029, (Usd Billion), (Tons)
Buds
Oil
Tinctures
Flowers
Concentrates
Edibles
Topicals
Cannabis Market By Usages, 2022-2029, (Usd Billion), (Tons)
Medical
Recreational
Cannabis Market By Crop Variety, 2022-2029, (Usd Billion), (Tons)
Cannabis Indica
Cannabis Sativa
Others
Cannabis Market By Compound, 2022-2029, (Usd Billion), (Tons)
Thc-Dominant
Cbd-Dominant
Balanced Thc & Cbd
Cannabis Market By Distribution Channel, 2022-2029, (Usd Billion), (Tons)
Physical
Digital
Cannabis Market By End-User Industry, 2022-2029, (Usd Billion), (Tons)
Medical
Recreational
Cannabis Market By Region, 2022-2029, (Usd Billion), (Tons)
North America
Asia Pacific
Europe
South America
Middle East And Africa
Important Countries In All Regions Are Covered.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Key Features of the Report:
- Competitive Analysis: Gain a comprehensive understanding of the evolving Cannabis Marketcompetitive landscape to effectively adapt and strategize.
- Forward Perspective: Discover what is driving or inhibiting market growth from a forward-looking perspective.
- Product Segmentation: Identify key product segments and their growth potential to align your strategies with Cannabis Market
- Informed Decision Making: Deepen your understanding of the market and its segments to make well-informed business decisions.
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Key Questions Answered:
- What will be the CAGR of the Cannabis market during the forecast period?
- Which segment emerged as the leading segment in the Cannabis market?
- Who are the prominent players in the Cannabis market?
- What will be the Cannabis market size by 2030?
- Which company held the largest share in the Cannabis market?
Why Purchase the Report?
- To visualize the Cannabis market segmentation based on crop type, type, structure, component, distribution channel and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analysing trends and co-development.
- Excel data sheet with numerous data points of vertical farming market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
- The Cannabis market report would provide approximately 45 tables, 38 figures and 181 Pages.
Customization:
CannabisMarket Report may well be modified to meet your detailed business essentials. Because we understand what our clients want, we provide up to 20% customization for any of our market reports at no added cost to all of our Users.
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