Cannabis Market to 2027: Leading Countries, Growth, Drivers, Risks, Opportunities, Forecast and Top Vendors Analysis Aphria, Inc., Aurora Cannabis, Cannabis Science, Inc., Canopy Growth Corporation, Medical Marijuana, Inc., VIVO Cannabis Inc., Tikun Olam Ltd, Terra Tech Corp., Tilray, Cronos Group
The key Players of the cannabis market are making moves like product launches, joint ventures, developments, merges and accusations which is affecting the market and Healthcare Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. The readers will find this report very helpful in understanding the cannabis market in depth. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. The data and the information regarding the cannabis industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.
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MARKET INTRODUCTION
The global cannabis market is expected to reach US$ 153,689.9 Mn in 2027 from US$ 10,838.1 in 2018. The market is estimated to grow with a CAGR of 34.5% from 2019-2027.
Key Competitors In Market are Aphria, Inc., Aurora Cannabis, Cannabis Science, Inc., Canopy Growth Corporation, Medical Marijuana, Inc., VIVO Cannabis Inc., Tikun Olam Ltd, Terra Tech Corp., Tilray, Cronos Group
TOC points of Market Report:
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Competitive landscape
Supply and demand
Technological inventions in industry
Marketing Channel Development Trend
Market Positioning
Pricing Strategy
Brand Strategy
Target Client
Strategic Insights
During the year 2016 to 2019, various companies have made organic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are, product launches, product approvals and others. Companies such as VIVO Cannabis, Medical Marijuana, Inc. and others have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. For instance, in August 2019, Medical Marijuana, Inc., launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced that its subsidiary Dixie Botanicals has released new watermelon-flavored cannabidiol (CBD) gummies in response to a growing market demand for edible CBD products.
Market segmentation:
Cannabis Market to 2027 – Global Analysis and Forecasts by Product Type (Flower, Concentrates, Others); Application (Medical, Recreational); Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC and CBD) and Geography
By Geography North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. And 13 countries globally along with current trend and opportunities prevailing in the region.
The target audience for the report on the market
Manufactures
Market analysts
Senior executives
Business development managers
Technologists
R&D staff
Distributors
Investors
Governments
Equity research firms
Consultants
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