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Cannabis Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type; Application; and Geography

  • ID: 4841349
  • Report
  • July 2020
  • Region: Global
  • 215 pages
  • The Insight Partners
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FEATURED COMPANIES

  • Aphria, Inc.
  • Aurora Cannabis
  • Cannabis Science, INC.
  • Canopy Growth Corporation
  • Medical Marijuana, Inc.
  • Terra Tech Corp.
  • MORE
Tetrahydrocannabinol-Dominant Segment to Register Highest CAGR in Cannabis Market during Forecast Period.

According to the new market research study of 'Cannabis Market to 2027 - Global Analysis and Forecast by Product Type, Compound and Application,' the market is expected to reach US$ 147,457.4 million by 2027 from US$ 14,383.8 million in 2019; it is estimated to grow at a CAGR of 29.1% from 2020 to 2027. The report highlights trends prevailing in the global cannabis market along with drivers and hindrances pertaining to the market growth.

Based on compound, the global cannabis market is segmented into tetrahydrocannabinol-dominant (THC-dominant), cannabidiol-dominant (CBD-dominant), and balanced THC and CBD. In 2019, the THC-dominant segment held the largest share of the market. However, the market for the CBD-dominant cannabis is anticipated to witness fastest CAGR during 2020-2027. THC has many additional medical benefits. According to a mice study published in 2016, it can assist in improving memory when taken in small doses.

The growth of the global cannabis market is as attributed to the legalization of medical cannabis; growing medicinal applications of cannabis; and increasing awareness about medical cannabis through conferences, symposia, and workshops. Additionally, the growing demand of cannabis during the ongoing COVID-19 pandemic is likely to have a positive impact on the market in the coming years.

Aphria, Inc.; Aurora Cannabis; Cannabis Science, INC; Canopy Growth Corporation; Medical Marijuana, Inc; VIVO Cannabis Inc.; Tikun Olam; Terra Tech Corp.; Tilray; and The Cronos Group are among the leading companies operating in the cannabis market.

The report segments global Cannabis market as follows:

By Product Type
  • Flowers
  • Concentrates
  • Others
By Application
  • Medical
  • Pain Management
  • Neurological Health Management
  • Mental Health Management
  • Others
  • Recreational
By Compound
  • Tetrahydrocannabinol (THC)-Dominant
  • Cannabidiol (CBD)-Dominant
  • Balanced THC and CBD
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
  • Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Middle East & Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • South & Central America (SCAM)
  • Brazil
  • Argentina
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aphria, Inc.
  • Aurora Cannabis
  • Cannabis Science, INC.
  • Canopy Growth Corporation
  • Medical Marijuana, Inc.
  • Terra Tech Corp.
  • MORE
1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Global Cannabis Market - By Product Type
1.3.2 Global Cannabis Market - By Application
1.3.3 Global Cannabis Market - By Compound
1.3.4 Global Cannabis Market - By Geography

2. Global Cannabis Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Global Cannabis- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East & Africa- PEST Analysis
4.2.5 South & Central America - PEST Analysis
4.3 Expert Opinions

5. Global Cannabis Market - Key Industry Dynamics
5.1.1 Legalization of Medical Cannabis
5.1.2 Growing Medicinal Application of Cannabis:
5.1.3 Increasing Awareness of Medical Cannabis Through Conferences, Symposia, and Workshops:
5.2 Key Market Restraints
5.2.1 Stringent Regulatory Framework for Cannabis:
5.3 Key Market Opportunities
5.3.1 Mergers & Acquisitions
5.3.2 Growing Demand of Cannabis During COVID 19:
5.4 Future Trends
5.4.1 Growing Acceptance of Cannabis Products:
5.5 Impact analysis

6. Cannabis Market - Global Analysis
6.1 Global Cannabis Market Revenue Forecasts And Analysis
6.2 Global Cannabis Market, By Geography - Forecasts and Analysis
6.3 Market Positioning of Key Players

7. Cannabis Market Analysis and Forecasts To 2027 - Product Type
7.1 Overview
7.2 Global Cannabis Market Share by Product Type 2019 & 2027 (%)
7.3 Flowers Market
7.3.1 Overview
7.3.2 Flowers Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Concentrates Market
7.4.1 Overview
7.4.2 Concentrates Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Others Market
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2027 (US$ Mn)

8. Cannabis Market Analysis and Forecasts To 2027 - Application
8.1 Overview
8.2 Global Cannabis Market Share by Application2019 & 2027 (%)
8.3 Medical Market
8.3.1 Overview
8.3.2 Medical Market Revenue and Forecast to 2027 (US$ Mn)
8.3.3 Pain Management
8.3.3.1 Overview
8.3.3.2 Pain Management Market Revenue and Forecast to 2027 (US$ Mn)
8.3.4 Neurological Health Management
8.3.4.1 Overview
8.3.4.2 Neurological Health Management Market Revenue and Forecast to 2027 (US$ Mn)
8.3.5 Mental Health Management
8.3.5.1 Overview
8.3.5.2 Mental Health Management Market Revenue and Forecast to 2027 (US$ Mn)
8.3.6 Others
8.3.6.1 Overview
8.3.6.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Recreational Market
8.4.1 Overview
8.4.2 Recreational Market Revenue and Forecast to 2027 (US$ Mn)

9. Cannabis Market Analysis and Forecasts To 2027 - Compound
9.1 Overview
9.2 Global Cannabis Market Share by Compound2019 & 2027 (%)
9.3 Tetrahydrocannabinol (THC)-Dominant Market
9.3.1 Overview
9.3.2 Tetrahydrocannabinol (THC)-Dominant Market Revenue and Forecast to 2027 (US$ Mn)
9.4 Cannabidiol (CBD)-Dominant Market
9.4.1 Overview
9.4.2 Cannabidiol (CBD)-Dominant Market Revenue and Forecast to 2027 (US$ Mn)
9.5 Balanced THC and CBD Market
9.5.1 Overview
9.5.2 Balanced THC and CBD Market Revenue and Forecast to 2027 (US$ Mn)

10. Cannabis Market Revenue and Forecasts to 2027 - Geographical Analysis
10.1 OVERVIEW
10.2 North America Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.3 North America Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
10.4 North America Cannabis Market Revenue and Forecasts, ByApplication (US$ Mn)
10.4.1.1 North America Medical Market Revenue and Forecasts, By Type (US$ Mn)
10.5 North America Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
10.6 North America Cannabis Market Revenue and Forecasts to 2027, By Country (%)
10.7 US Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.7.1 US Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.7.2 US Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
10.7.3 US Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
10.7.3.1 US Medical Market Revenue and Forecasts, By Type (US$ Mn)
10.7.3.2 US Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
10.8 Canada Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.8.1 Canada Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.8.2 Canada Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
10.8.3 Canada Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
10.8.3.1 Canada Medical Market Revenue and Forecasts, By Type (US$ Mn)
10.8.4 Canada Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
10.9 Mexico Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.9.1 Mexico Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
10.9.2 Mexico Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
10.9.3 Mexico Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
10.9.3.1 Mexico Medical Market Revenue and Forecasts, By Type (US$ Mn)
10.9.4 Mexico Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)

11. Europe cannabis market Revenue and Forecasts to 2027
11.1 Overview
11.2 Europe Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.3 Europe Cannabis Market Revenue and Forecasts, by Product Type (US$ Mn)
11.4 Europe Cannabis Market Revenue and Forecasts, ByApplication (US$ Mn)
11.4.1.1 Europe Medical Market Revenue and Forecasts, By Type (US$ Mn)
11.5 Europe Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
11.6 Europe Cannabis Market Revenue and Forecasts to 2027, By Country (%)
11.7 UK Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.7.1 UK Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.7.2 UK Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
11.7.3 UK Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
11.7.3.1 UK Medical Market Revenue and Forecasts, By Type (US$ Mn)
11.7.4 UK Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
11.8 Germany Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.8.1 Germany Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.8.2 Germany Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
11.8.3 Germany Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
11.8.3.1 Germany Medical Market Revenue and Forecasts, By Type (US$ Mn)
11.8.4 Germany Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
11.9 France Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.10 France Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.10.1 France Cannabis Market revenue and forecasts, by Product Type(US$ Mn)
11.10.2 France Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
11.10.2.1 France Medical Market Revenue and Forecasts, By Type (US$ Mn)
11.10.3 France Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
11.11 Italy Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.11.1 Italy Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.11.2 Italy Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
11.11.3 Italy Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
11.11.3.1 Italy Medical Market Revenue and Forecasts, By Type (US$ Mn)
11.11.4 Italy Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)
11.12 Spain Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.12.1 Spain Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
11.12.2 Spain Cannabis Market Revenue and Forecasts, by Product Type(US$ Mn)
11.12.3 Spain Cannabis Market Revenue and Forecasts, by Application (US$ Mn)
11.12.3.1 Spain Medical Market Revenue and Forecasts, By Type (US$ Mn)
11.12.4 Spain Cannabis Market Revenue and Forecasts, by Compound (US$ Mn)

12. Asia Pacific Cannabis Market Revenue and Forecasts to 2027
12.1 Overview
12.2 Asia Pacific Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.3 Asia Pacific Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
12.4 Asia Pacific Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
12.4.1 Asia Pacific Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
12.5 Asia Pacific Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
12.6 Asia Pacific Cannabis Market Revenue and Forecasts to 2027, By Country (%)
12.7 Japan Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.7.1 Japan Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.7.2 Japan Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
12.7.3 Japan Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
12.7.4 Japan Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
12.7.5 Japan Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
12.8 China Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.8.1 China Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.8.2 China Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
12.8.3 China Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
12.8.3.1 China Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
12.8.4 China Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
12.9 India Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.9.1 India Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.9.2 India Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
12.9.3 India Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
12.9.3.1 India Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
12.9.4 India Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
12.10 Australia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.10.1 Australia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.10.2 Australia Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
12.10.3 Australia Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
12.10.3.1 Australia Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
12.10.3.2 Australia Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
12.11 South Korea Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.11.1 South Korea Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
12.11.2 South Korea Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
12.11.3 South Korea Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
12.11.3.1 South Korea Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
12.11.4 South Korea Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)

13. Middle East & Africa Cannabis Market Revenue and Forecasts to 2027
13.1 Overview
13.2 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.3 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
13.4 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
13.4.1 Middle East & Africa Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
13.5 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
13.6 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027, By Country (%)
13.7 South Africa Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.7.1 South Africa Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.7.2 South Africa Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
13.7.3 South Africa Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
13.7.3.1 South Africa Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
13.7.4 South Africa Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
13.8 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.8.1 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.8.2 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
13.8.3 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
13.8.3.1 Saudi Arabia Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
13.8.4 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
13.9 UAE Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.9.1 UAE Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
13.9.2 UAE Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
13.9.3 UAE Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
13.9.3.1 UAE Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
13.9.4 UAE Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)

14. South and Central America Cannabis Market Revenue and Forecasts to 2027
14.1 Overview
14.2 South and Central America Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
14.3 South and Central America Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
14.4 South and Central America Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
14.4.1 South and Central America Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
14.5 South and Central America Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
14.6 South and Central America Cannabis Market Revenue and Forecasts to 2027, By Country (%)
14.7 Brazil Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
14.7.1.1 Brazil Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
14.7.2 Brazil Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
14.7.3 Brazil Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
14.7.3.1 Brazil Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
14.7.4 Brazil Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)
14.7.5 Argentina Cannabis Market
14.7.5.1 Argentina Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
14.7.6 Argentina Cannabis Market Revenue and Forecasts to 2027, By Product Type (US$ Mn)
14.7.7 Argentina Cannabis Market Revenue and Forecasts to 2027, By Application (US$ Mn)
14.7.7.1 Argentina Medical Market Revenue and Forecasts to 2027, By Type (US$ Mn)
14.7.8 Argentina Cannabis Market Revenue and Forecasts to 2027, By Compound (US$ Mn)

15. Impact of COVID-19 Pandemic on Global Cannabis Market
15.1 North America: Impact Assessment of COVID-19 Pandemic
15.2 Europe: Impact Assessment of COVID-19 Pandemic
15.3 AsiaPacific: Impact Assessment of COVID-19 Pandemic
15.4 Rest of the World: Impact Assessment of COVID-19 Pandemic

16. Cannabis Market - Industry Landscape
16.1 Overview
16.2 Growth Strategies Done By The Companies In The Market, (%)
16.3 Organic Developments
16.3.1 Overview
16.4 Inorganic developments
16.4.1 Overview

17. Cannabis Market-Key Company Profiles
17.1 Aphria, Inc.
17.1.1 Key Facts
17.1.2 Business Description
17.1.3 Financial Overview
17.1.4 Product Portfolio
17.1.5 SWOT Analysis
17.1.6 Key Developments
17.2 Aurora Cannabis
17.2.1 Key Facts
17.2.2 Business Description
17.2.3 Financial Overview
17.2.4 Product Portfolio
17.2.5 SWOT Analysis
17.2.6 Key Developments
17.3 Cannabis Science, INC.
17.3.1 Key Facts
17.3.2 Business Description
17.3.3 Financial Overview
17.3.4 Product Portfolio
17.3.5 Swot Analysis
17.3.6 Key Developments
17.4 Canopy Growth Corporation
17.4.1 Key Facts
17.4.2 Business Description
17.4.3 Financial Overview
17.4.4 Product Portfolio
17.4.5 SWOT Analysis
17.4.6 Key Developments
17.5 Medical Marijuana, Inc.
17.5.1 Key Facts
17.5.2 Business Description
17.5.3 Financial Overview
17.5.4 Product portfolio
17.5.5 SWOT Analysis
17.5.6 Key Developments
17.6 VIVO Cannabis Inc.
17.6.1 Key Facts
17.6.2 Business Description
17.6.3 Financial Overview
17.6.4 Product Portfolio
17.6.5 SWOT Analysis
17.6.6 Key Developments
17.7 Tikun Olam
17.7.1 Key Facts
17.7.2 Business Description
17.7.3 Financial Overview
17.7.4 Product Portfolio
17.7.5 SWOT Analysis
17.7.6 Key Developments
17.8 Terra Tech Corp.
17.8.1 Key Facts
17.8.2 Business Description
17.8.3 Financial Overview
17.8.4 Product Portfolio
17.8.5 Swot Analysis
17.8.6 Key Developments
17.9 Tilray
17.9.1 Key Facts
17.9.2 Business Description
17.9.3 Financial Overview
17.9.4 Product Portfolio
17.9.5 SWOT Analysis
17.9.6 Key Developments
17.10 The Cronos Group
17.10.1 Key Facts
17.10.2 Business Description
17.10.3 Financial Overview
17.10.4 Product portfolio
17.10.5 SWOT Analysis
17.10.6 Key Developments

18. Appendix
18.1 About the Publisher
18.2 Glossary of Terms
Note: Product cover images may vary from those shown
3 of 3
  • Aphria, Inc.
  • Aurora Cannabis
  • Cannabis Science, INC.
  • Canopy Growth Corporation
  • Medical Marijuana, Inc.
  • VIVO Cannabis Inc.
  • Tikun Olam
  • Terra Tech Corp.
  • Tilray
  • The Cronos Group
Note: Product cover images may vary from those shown
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