Cannabis Market Size to Grow at 17.39% CAGR During the Forecast Period of 2022-2027

The global Cannabis market size is expected to expand at a CAGR of 17.39% during the forecast period, reaching USD 31460 million by 2027 was valued at USD 12020 million in 2021.

Cannabis Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Cannabis study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as Pharmahemp, Medical Marijuana, IRIE CBD, FOLIUM BIOSCIENCES, Aphria Inc., NuLeaf Naturals, CBD American Shaman, Aurora Cannabis Inc., Cannabis Science Inc., Mentor Capital, Meadow Care, Terra Tech, Canopy Growth Corporation, CV Sciences

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Cannabis Market Overviwe:

The global Cannabis market size was valued at USD 12020.0 million in 2021 and is expected to expand at a CAGR of 17.39% during the forecast period, reaching USD 31460.0 million by 2027.

Cannabis, one of the premium variants of cannabis, is used for recreational (psychoactive drugs) and medicinal purposes. It contains a maximum 30% of cannabinoids (CBD) and tetrahydrocannabinol (THC), which is a major psychoactive element.

Market split by Type, can be divided into: –

  • Flowers
  • Concentrates
  • Others

Market split by Application, can be divided into: –

  • Medicinal
  • Recreational
  • Industrial

Major Key Players of the Market:

  • Pharmahemp
  • Medical Marijuana
  • IRIE CBD
  • FOLIUM BIOSCIENCES
  • Aphria Inc.
  • NuLeaf Naturals
  • CBD American Shaman
  • Aurora Cannabis Inc.
  • Cannabis Science Inc.
  • Mentor Capital
  • Meadow Care
  • Terra Tech
  • Canopy Growth Corporation
  • CV Sciences

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Market segment by Region/Country including: –

-North America (United States, Canada and Mexico)
-Europe (Germany, UK, France, Italy, Russia and Spain etc.)
-Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
-South America (Brazil, Argentina and Colombia etc.)
-Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

FIVE FORCES & PESTLE ANALYSIS:

In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.

Political (Political policy and stability as well as trade, fiscal and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research and development)
Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)

Key takeaways from the Cannabis market report:

1. Detailed considerate of Cannabis market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
2. Comprehensive valuation of all prospects and threat in the – In depth study of industry strategies for growth of the Cannabis market-leading players.
3. Cannabis market latest innovations and major procedures.
4. Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
5. Conclusive study about the growth conspiracy of Cannabis market for forthcoming years.

To Know How Covid-19 Pandemic Will Impact This Market

Table of Contents:

1 Cannabis Market Overview
1.1 Product Overview and Scope of Cannabis Market
1.2 Cannabis Market Segment by Type
1.2.1 Global Cannabis Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Cannabis Market Segment by Application
1.3.1 Cannabis Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Cannabis Market, Region Wise (2017-2027)
1.4.1 Global Cannabis Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Cannabis Market Status and Prospect (2017-2027)
1.4.3 Europe Cannabis Market Status and Prospect (2017-2027)
1.4.4 China Cannabis Market Status and Prospect (2017-2027)
1.4.5 Japan Cannabis Market Status and Prospect (2017-2027)
1.4.6 India Cannabis Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Cannabis Market Status and Prospect (2017-2027)
1.4.8 Latin America Cannabis Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Cannabis Market Status and Prospect (2017-2027)
1.5 Global Market Size of Cannabis (2017-2027)
1.5.1 Global Cannabis Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Cannabis Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Cannabis Market

2 Industry Outlook
2.1 Cannabis Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Cannabis Market Drivers Analysis
2.4 Cannabis Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Cannabis Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Cannabis Industry Development

3 Global Cannabis Market Landscape by Player
3.1 Global Cannabis Sales Volume and Share by Player (2017-2022)
3.2 Global Cannabis Revenue and Market Share by Player (2017-2022)
3.3 Global Cannabis Average Price by Player (2017-2022)
3.4 Global Cannabis Gross Margin by Player (2017-2022)
3.5 Cannabis Market Competitive Situation and Trends
3.5.1 Cannabis Market Concentration Rate
3.5.2 Cannabis Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion

4 Global Cannabis Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Cannabis Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Cannabis Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Cannabis Market Under COVID-19
4.5 Europe Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Cannabis Market Under COVID-19
4.6 China Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Cannabis Market Under COVID-19
4.7 Japan Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Cannabis Market Under COVID-19
4.8 India Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Cannabis Market Under COVID-19
4.9 Southeast Asia Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Cannabis Market Under COVID-19
4.10 Latin America Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Cannabis Market Under COVID-19
4.11 Middle East and Africa Cannabis Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Cannabis Market Under COVID-19

5 Global Cannabis Sales Volume, Revenue, Price Trend by Type
5.1 Global Cannabis Sales Volume and Market Share by Type (2017-2022)
5.2 Global Cannabis Revenue and Market Share by Type (2017-2022)
5.3 Global Cannabis Price by Type (2017-2022)
5.4 Global Cannabis Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Cannabis Sales Volume, Revenue and Growth Rate of Flowers (2017-2022)
5.4.2 Global Cannabis Sales Volume, Revenue and Growth Rate of Concentrates (2017-2022)
5.4.3 Global Cannabis Sales Volume, Revenue and Growth Rate of Others (2017-2022)

6 Global Cannabis Market Analysis by Application
6.1 Global Cannabis Consumption and Market Share by Application (2017-2022)
6.2 Global Cannabis Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Cannabis Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Cannabis Consumption and Growth Rate of Medicinal (2017-2022)
6.3.2 Global Cannabis Consumption and Growth Rate of Recreational (2017-2022)
6.3.3 Global Cannabis Consumption and Growth Rate of Industrial (2017-2022)

7 Global Cannabis Market Forecast (2022-2027)
7.1 Global Cannabis Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Cannabis Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Cannabis Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Cannabis Price and Trend Forecast (2022-2027)
7.2 Global Cannabis Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Cannabis Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Cannabis Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Cannabis Revenue and Growth Rate of Flowers (2022-2027)
7.3.2 Global Cannabis Revenue and Growth Rate of Concentrates (2022-2027)
7.3.3 Global Cannabis Revenue and Growth Rate of Others (2022-2027)
7.4 Global Cannabis Consumption Forecast by Application (2022-2027)
7.4.1 Global Cannabis Consumption Value and Growth Rate of Medicinal(2022-2027)
7.4.2 Global Cannabis Consumption Value and Growth Rate of Recreational(2022-2027)
7.4.3 Global Cannabis Consumption Value and Growth Rate of Industrial(2022-2027)
7.5 Cannabis Market Forecast Under COVID-19

8 Cannabis Market Upstream and Downstream Analysis
8.1 Cannabis Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Cannabis Analysis
8.6 Major Downstream Buyers of Cannabis Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Cannabis Industry

9 Players Profiles
9.1 Pharmahemp
9.1.1 Pharmahemp Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Cannabis Product Profiles, Application and Specification
9.1.3 Pharmahemp Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Medical Marijuana
9.2.1 Medical Marijuana Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Cannabis Product Profiles, Application and Specification
9.2.3 Medical Marijuana Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 IRIE CBD
9.3.1 IRIE CBD Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Cannabis Product Profiles, Application and Specification
9.3.3 IRIE CBD Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 FOLIUM BIOSCIENCES
9.4.1 FOLIUM BIOSCIENCES Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Cannabis Product Profiles, Application and Specification
9.4.3 FOLIUM BIOSCIENCES Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 Aphria Inc.
9.5.1 Aphria Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Cannabis Product Profiles, Application and Specification
9.5.3 Aphria Inc. Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 NuLeaf Naturals
9.6.1 NuLeaf Naturals Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Cannabis Product Profiles, Application and Specification
9.6.3 NuLeaf Naturals Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 CBD American Shaman
9.7.1 CBD American Shaman Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Cannabis Product Profiles, Application and Specification
9.7.3 CBD American Shaman Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Aurora Cannabis Inc.
9.8.1 Aurora Cannabis Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Cannabis Product Profiles, Application and Specification
9.8.3 Aurora Cannabis Inc. Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 Cannabis Science Inc.
9.9.1 Cannabis Science Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Cannabis Product Profiles, Application and Specification
9.9.3 Cannabis Science Inc. Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 Mentor Capital
9.10.1 Mentor Capital Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Cannabis Product Profiles, Application and Specification
9.10.3 Mentor Capital Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 Meadow Care
9.11.1 Meadow Care Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Cannabis Product Profiles, Application and Specification
9.11.3 Meadow Care Market Performance (2017-2022)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 Terra Tech
9.12.1 Terra Tech Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Cannabis Product Profiles, Application and Specification
9.12.3 Terra Tech Market Performance (2017-2022)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 Canopy Growth Corporation
9.13.1 Canopy Growth Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Cannabis Product Profiles, Application and Specification
9.13.3 Canopy Growth Corporation Market Performance (2017-2022)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 CV Sciences
9.14.1 CV Sciences Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Cannabis Product Profiles, Application and Specification
9.14.3 CV Sciences Market Performance (2017-2022)
9.14.4 Recent Development
9.14.5 SWOT Analysis

10 Research Findings and Conclusion

11 Appendix
11.1 Methodology
11.2 Research Data Source

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2. Analysing various perspectives of the market with the help of Porter’s five forces analysis
3. Study on the product type and application expected to dominate the market.
4. Study on the country expected to witness fastest growth during the forecast period.
5. Forecasts the market value by assessing the impact of the market drivers and constraints.

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