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Cannabis Extract - Global Market Trajectory & Analytics

  • ID: 5303349
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ABcann Medicinals, Inc.
  • Aurora Cannabis
  • Culorado Cannabis Company
  • GW Pharmaceuticals, plc
  • Maricann Group, Inc.
  • Organigram Holding, Inc.
  • MORE
Global Cannabis Extract Market to Reach $22.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Cannabis Extract estimated at US$8.3 Billion in the year 2020, is projected to reach a revised size of US$22.6 Billion by 2027, growing at a CAGR of 15.4% over the period 2020-2027. Oils, one of the segments analyzed in the report, is projected to record 15.2% CAGR and reach US$14.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tinctures segment is readjusted to a revised 15.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 20% CAGR

The Cannabis Extract market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2027 trailing a CAGR of 19.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11% and 13.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR.

Select Competitors (Total 47 Featured):
  • ABcann Medicinals, Inc.
  • Aphria, Inc.
  • Aurora Cannabis
  • Canopy Growth Corporation
  • Culorado Cannabis Company
  • Dabble Extracts
  • GW Pharmaceuticals, plc
  • Kynd Cannabis Company
  • Maricann Group, Inc.
  • Organa Brands
  • Organigram Holding, Inc.
  • Peridot Labs
  • The Chronos Group
  • Tikun Olam, Ltd.
  • Tilray
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABcann Medicinals, Inc.
  • Aurora Cannabis
  • Culorado Cannabis Company
  • GW Pharmaceuticals, plc
  • Maricann Group, Inc.
  • Organigram Holding, Inc.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
  • ABcann Medicinals, Inc.
  • Aphria, Inc.
  • Aurora Cannabis
  • Canopy Growth Corporation
  • Culorado Cannabis Company
  • Dabble Extracts
  • GW Pharmaceuticals, plc
  • Kynd Cannabis Company
  • Maricann Group, Inc.
  • Organa Brands
  • Organigram Holding, Inc.
  • Peridot Labs
  • The Chronos Group
  • Tikun Olam, Ltd.
  • Tilray
Note: Product cover images may vary from those shown
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