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Cannabis Market Research Report by Form, Product Type, Compound, Source, Distribution Channel, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

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    Report

  • 233 Pages
  • October 2022
  • Region: Global
  • 360iResearch™
  • ID: 5012913
UP TO OFF until Dec 31st 2022
The Global Cannabis Market size was estimated at USD 20.40 billion in 2021, USD 25.77 billion in 2022, and is projected to grow at a CAGR of 27.68% to reach USD 88.44 billion by 2027.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Cannabis to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Form, the market was studied across Concentrated Oil, Cream, Food Additive, Inhaled Liquids, Supplement Capsule, and Tincture Spray.
  • Based on Product Type, the market was studied across Concentrates, Flower, leaves, and Seeds.
  • Based on Compound, the market was studied across Balanced THC & CBD, Cannabidiol (CBD)-Dominant, and Tetrahydrocannabinol (THC)-Dominant.
  • Based on Source, the market was studied across Non-Organic and Organic.
  • Based on Distribution Channel, the market was studied across Offline and Online.
  • Based on Application, the market was studied across Cosmetics & Personal Care, Food & Beverage, Medical & Pharmaceuticals, Pet Care, and Recreational.
  • Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. The ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:

The publisher continuously monitors and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Cannabis market considering the current update on the conflict and its global response.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Cannabis Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Cannabis Market, including Acreage Holdings, Aurora Cannabis Inc., Cannabis Science Inc., CannTrust Holdings, Canopy Growth Corporation, Chronos Group Inc., Curaleaf Holdings, Inc., Green Thumb Industries Inc., GW Pharmaceuticals PLC, Harvest Health & Recreation Inc., HEXO Corporation, Medical Marijuana, Inc., MedMen, Organigram Holdings Inc., StenoCare A/S, Terra Tech Corp., Tikun Olam, Tilray Inc., Trulieve Cannabis, and Vivo Cannabis Inc..

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Cannabis Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Cannabis Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Cannabis Market?
4. What is the competitive strategic window for opportunities in the Global Cannabis Market?
5. What are the technology trends and regulatory frameworks in the Global Cannabis Market?
6. What is the market share of the leading vendors in the Global Cannabis Market?
7. What modes and strategic moves are considered suitable for entering the Global Cannabis Market?
Frequently Asked Questions about the Global Cannabis Market

What is the estimated value of the Global Cannabis Market?

The Global Cannabis Market was estimated to be valued at $20.4 Billion in 2021.

What is the growth rate of the Global Cannabis Market?

The growth rate of the Global Cannabis Market is 27.6%, with an estimated value of $88.44 Billion by 2027.

What is the forecasted size of the Global Cannabis Market?

The Global Cannabis Market is estimated to be worth $88.44 Billion by 2027.

Who are the key companies in the Global Cannabis Market?

Key companies in the Global Cannabis Market include Acreage Holdings, Aurora Cannabis Inc., Cannabis Science Inc., CannTrust Holdings, Canopy Growth Corporation, Chronos Group Inc., Curaleaf Holdings, Inc., Green Thumb Industries Inc. and Harvest Health & Recreation Inc..

Table of Contents

FIGURE 1. GLOBAL CANNABIS MARKET: RESEARCH PROCESS
FIGURE 2. GLOBAL CANNABIS MARKET SIZE, 2021 VS 2027
FIGURE 3. GLOBAL CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 4. GLOBAL CANNABIS MARKET SIZE, BY REGION, 2021 VS 2027 (%)
FIGURE 5. GLOBAL CANNABIS MARKET SIZE, BY REGION, 2021 VS 2027 (USD MILLION)
FIGURE 6. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY REGION, 2027
FIGURE 7. GLOBAL CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 8. GLOBAL CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 9. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 10. GLOBAL CANNABIS MARKET DYNAMICS
FIGURE 11. GLOBAL CANNABIS MARKET SIZE, BY FORM, 2021 VS 2027 (%)
FIGURE 12. GLOBAL CANNABIS MARKET SIZE, BY FORM, 2021 VS 2027 (USD MILLION)
FIGURE 13. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY FORM, 2027
FIGURE 14. GLOBAL CANNABIS MARKET SIZE, BY CONCENTRATED OIL, 2018-2027 (USD MILLION)
FIGURE 15. GLOBAL CANNABIS MARKET SIZE, BY CREAM, 2018-2027 (USD MILLION)
FIGURE 16. GLOBAL CANNABIS MARKET SIZE, BY FOOD ADDITIVE, 2018-2027 (USD MILLION)
FIGURE 17. GLOBAL CANNABIS MARKET SIZE, BY INHALED LIQUIDS, 2018-2027 (USD MILLION)
FIGURE 18. GLOBAL CANNABIS MARKET SIZE, BY SUPPLEMENT CAPSULE, 2018-2027 (USD MILLION)
FIGURE 19. GLOBAL CANNABIS MARKET SIZE, BY TINCTURE SPRAY, 2018-2027 (USD MILLION)
FIGURE 20. GLOBAL CANNABIS MARKET SIZE, BY PRODUCT TYPE, 2021 VS 2027 (%)
FIGURE 21. GLOBAL CANNABIS MARKET SIZE, BY PRODUCT TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 22. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY PRODUCT TYPE, 2027
FIGURE 23. GLOBAL CANNABIS MARKET SIZE, BY CONCENTRATES, 2018-2027 (USD MILLION)
FIGURE 24. GLOBAL CANNABIS MARKET SIZE, BY FLOWER, 2018-2027 (USD MILLION)
FIGURE 25. GLOBAL CANNABIS MARKET SIZE, BY LEAVES, 2018-2027 (USD MILLION)
FIGURE 26. GLOBAL CANNABIS MARKET SIZE, BY SEEDS, 2018-2027 (USD MILLION)
FIGURE 27. GLOBAL CANNABIS MARKET SIZE, BY COMPOUND, 2021 VS 2027 (%)
FIGURE 28. GLOBAL CANNABIS MARKET SIZE, BY COMPOUND, 2021 VS 2027 (USD MILLION)
FIGURE 29. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY COMPOUND, 2027
FIGURE 30. GLOBAL CANNABIS MARKET SIZE, BY BALANCED THC & CBD, 2018-2027 (USD MILLION)
FIGURE 31. GLOBAL CANNABIS MARKET SIZE, BY CANNABIDIOL (CBD)-DOMINANT, 2018-2027 (USD MILLION)
FIGURE 32. GLOBAL CANNABIS MARKET SIZE, BY TETRAHYDROCANNABINOL (THC)-DOMINANT, 2018-2027 (USD MILLION)
FIGURE 33. GLOBAL CANNABIS MARKET SIZE, BY SOURCE, 2021 VS 2027 (%)
FIGURE 34. GLOBAL CANNABIS MARKET SIZE, BY SOURCE, 2021 VS 2027 (USD MILLION)
FIGURE 35. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY SOURCE, 2027
FIGURE 36. GLOBAL CANNABIS MARKET SIZE, BY NON-ORGANIC, 2018-2027 (USD MILLION)
FIGURE 37. GLOBAL CANNABIS MARKET SIZE, BY ORGANIC, 2018-2027 (USD MILLION)
FIGURE 38. GLOBAL CANNABIS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021 VS 2027 (%)
FIGURE 39. GLOBAL CANNABIS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021 VS 2027 (USD MILLION)
FIGURE 40. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY DISTRIBUTION CHANNEL, 2027
FIGURE 41. GLOBAL CANNABIS MARKET SIZE, BY OFFLINE, 2018-2027 (USD MILLION)
FIGURE 42. GLOBAL CANNABIS MARKET SIZE, BY ONLINE, 2018-2027 (USD MILLION)
FIGURE 43. GLOBAL CANNABIS MARKET SIZE, BY APPLICATION, 2021 VS 2027 (%)
FIGURE 44. GLOBAL CANNABIS MARKET SIZE, BY APPLICATION, 2021 VS 2027 (USD MILLION)
FIGURE 45. GLOBAL CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY APPLICATION, 2027
FIGURE 46. GLOBAL CANNABIS MARKET SIZE, BY COSMETICS & PERSONAL CARE, 2018-2027 (USD MILLION)
FIGURE 47. GLOBAL CANNABIS MARKET SIZE, BY FOOD & BEVERAGE, 2018-2027 (USD MILLION)
FIGURE 48. GLOBAL CANNABIS MARKET SIZE, BY MEDICAL & PHARMACEUTICALS, 2018-2027 (USD MILLION)
FIGURE 49. GLOBAL CANNABIS MARKET SIZE, BY PET CARE, 2018-2027 (USD MILLION)
FIGURE 50. GLOBAL CANNABIS MARKET SIZE, BY RECREATIONAL, 2018-2027 (USD MILLION)
FIGURE 51. AMERICAS CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 52. AMERICAS CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 53. AMERICAS CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 54. AMERICAS CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 55. ARGENTINA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 56. BRAZIL CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 57. CANADA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 58. MEXICO CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 59. UNITED STATES CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 60. UNITED STATES CANNABIS MARKET SIZE, BY STATE, 2021 VS 2027 (%)
FIGURE 61. UNITED STATES CANNABIS MARKET SIZE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 62. UNITED STATES CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY STATE, 2027
FIGURE 63. ASIA-PACIFIC CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 64. ASIA-PACIFIC CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 65. ASIA-PACIFIC CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 66. ASIA-PACIFIC CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 67. AUSTRALIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 68. CHINA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 69. INDIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 70. INDONESIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 71. JAPAN CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 72. MALAYSIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 73. PHILIPPINES CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 74. SINGAPORE CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 75. SOUTH KOREA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 76. TAIWAN CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 77. THAILAND CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 78. VIETNAM CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 79. EUROPE, MIDDLE EAST & AFRICA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 80. EUROPE, MIDDLE EAST & AFRICA CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 81. EUROPE, MIDDLE EAST & AFRICA CANNABIS MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 82. EUROPE, MIDDLE EAST & AFRICA CANNABIS MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 83. DENMARK CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 84. EGYPT CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 85. FINLAND CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 86. FRANCE CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 87. GERMANY CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 88. ISRAEL CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 89. ITALY CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 90. NETHERLANDS CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 91. NIGERIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 92. NORWAY CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 93. POLAND CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 94. QATAR CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 95. RUSSIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 96. SAUDI ARABIA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 97. SOUTH AFRICA CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 98. SPAIN CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 99. SWEDEN CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 100. SWITZERLAND CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 101. TURKEY CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 102. UNITED ARAB EMIRATES CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 103. UNITED KINGDOM CANNABIS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 104. GLOBAL CANNABIS MARKET: FPNV POSITIONING MATRIX, 2021
FIGURE 105. GLOBAL CANNABIS MARKET SHARE, BY KEY PLAYER, 2021
FIGURE 106. GLOBAL CANNABIS MARKET COMPETITIVE SCENARIO, BY KEY TYPE, 2021

Companies Mentioned

  • Acreage Holdings
  • Aurora Cannabis Inc.
  • Cannabis Science Inc.
  • CannTrust Holdings
  • Canopy Growth Corporation
  • Chronos Group Inc.
  • Curaleaf Holdings, Inc.
  • Green Thumb Industries Inc.
  • GW Pharmaceuticals PLC
  • Harvest Health & Recreation Inc.
  • HEXO Corporation
  • Medical Marijuana, Inc.
  • MedMen
  • Organigram Holdings Inc.
  • StenoCare A/S
  • Terra Tech Corp.
  • Tikun Olam
  • Tilray Inc.
  • Trulieve Cannabis
  • Vivo Cannabis Inc.

Methodology

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