Cannabis has started gaining popularity worldwide due to rising demand among consumers and increasing legalization of recreational or medical marijuana in various countries. The increasing number of companies operating in the cannabis market is expected to bolster the quantity and variety of products reaching the end users. Moreover, growing medicinal application of cannabis coupled with increasing legalization of cannabis are the key factors driving the cannabis market. However, a complex regulatory structure for the usage of cannabis is the factor anticipated to hamper the growth of the market over the projected period. Product development through research and novel product delivery solutions provides a developing potential for the market players in the near future.
SCOPE OF MARKET
The “Global Cannabis Market Analysis to 2027” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cannabis market with detailed market segmentation by product type, application, compound and geography. The global cannabis market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cannabis market players and offers key trends and opportunities in the market.
KEY COMPANIES
- Aphria Inc.
- Aurora Cannabis
- Cannabis Science Inc
- Canopy Growth Corporation
- Medical Marijuana, Inc.
- MME, LLC.
- STENOCARE A/S
- Terra Tech Corp
- Tikun Olam
- VIVO Cannabis
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cannabis market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cannabis market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
SOURCE: THE INSIGHT PARTNERS
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