Report Detail
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
- RnM3728066 |
- 10 September, 2019 |
- Global |
- 170 Pages |
- The Insight Partners |
- Food & Beverages
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.
The key factors such as increasing number of countries decriminalizing the use of cannabis and legalizing the cannabis for medical use, increasing awareness of benefits offered by cannabis through conduction of workshops and symposiums and increasing technological development in the field of medical cannabis is expected to account for the growth of the global cannabis market.
In recent years the whole, unprocessed marijuana plant or its basic extracts are used to treat symptoms of illness and other medical conditions. The US FDA has not approved marijuana plant as medicine but certain chemicals from the plant called cannabinoids, are FDA-approved medications which are in the form of pill. As cannabis helps in treating certain illnesses and symptoms many regions/countries have legalized marijuana for medical use. Currently the two cannabinoids from the marijuana plant that are of medical interest are tetrahydrocannabinol (THC) and cannabidiol (CBD). THC may also decrease pain, inflammation (swelling and redness), and muscle control problems. CBD is used to reduce pain, inflammation, control epileptic seizures, and to treat mental illness and addictions. The FDA approved a CBD-based liquid medication called Epidiolex for the treatment of two forms of severe childhood epilepsy, Dravet syndrome and Lennox-Gastaut syndrome. A few studies have reported that inhaled (smoked or vaporized) marijuana can be helpful treatment of neuropathic pain (pain caused by damaged nerves). Thus growing medicinal applications of cannabis in diseases like HIV, epilepsy and others is expected to drive cannabis market during the forecast period.
The global cannabis market, based on the application was segmented into medical and recreational uses. In 2018, the medical segment held the largest share of the market, by application. However, the recreational segmented is anticipated to witness fastest growth in the cannabis market, based on application.
Some of the major primary and secondary sources included in the report for the Cannabis Market are the World Health Organization, European Observatory on Cannabis Cultivation, Centers for Disease Control and Prevention, Organisation for Economic Co-operation and Development, National Center for Biotechnology Information, Medical Marijuana Regulation and Safety Act, Drug Enforcement Administration, and others.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research 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:
- 5.2.1 Stringent Regulatory Framework for Cannabis:
- 5.3.1 Mergers & Acquisitions
- 5.4.1 Growing Acceptance of Cannabis Products:
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 2018 & 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 Application 2018 & 2027 (%)
- 8.3 Medical Market
- 8.3.1 Overview
- 8.3.2 Medical Market Revenue and Forecast to 2027 (US$ Mn)
- 9.3.1 Pain Management
- 8.4.1.1 Overview
- 8.4.1.2 Pain Management Market Revenue and Forecast to 2027 (US$ Mn)
- 9.3.1 Neurological Health Management
- 8.5.1.1 Overview
- 8.5.1.2 Neurological Health Management Market Revenue and Forecast to 2027 (US$ Mn)
- 9.3.1 Mental Health Management
- 8.6.1.1 Overview
- 8.6.1.2 Mental Health Management Market Revenue and Forecast to 2027 (US$ Mn)
- 9.3.1 Others
- 8.7.1.1 Overview
- 8.7.1.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
- 8.8 Recreational Market
- 8.8.1 Overview
- 8.8.2 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 Compound 2018 & 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 North America Cannabis Market Revenue And Forecasts To 2027
- 10.1.1 North America Cannabis market Revenue and Forecasts to 2027 (US$ Mn)
- 10.2 North America Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.3 North America Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.3.1 North America Cannabis Market Revenue and Forecasts to 2027, By Country (%)
- 10.3.2 US Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.2.1 US Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.2.2 US Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.3.2.3 US Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.3.3 Canada Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.3.1 Canada Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.4 Canada Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.3.5 Canada Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.3.6 Mexico Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.6.1 Mexico Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.7 Mexico Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.3.8 Mexico Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.4 Europe Cannabis Market Revenue And Forecasts To 2027
- 10.4.1 Europe Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.5 Europe Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.6 Europe Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.6.1 Europe Cannabis Market Revenue and Forecasts to 2027, By Country (%)
- 10.6.2 UK Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.2.1 UK Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.3 UK Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.6.4 UK Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.6.5 Germany Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.5.1 Germany Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.6 Germany Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.6.7 Germany Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.6.8 France Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.8.1 France Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.9 France Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.6.10 France Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.6.11 Italy Cannabis market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.11.1 Italy Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.12 Italy Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.6.13 Italy Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
- 10.6.14 Spain Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.14.1 Spain Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.15 Spain Cannabis Market Revenue And Forecasts to 2027, By Molecule Type (US$ Mn)
- 10.6.16 Spain Cannabis Market Revenue And Forecasts to 2027, By Indication (US$ Mn)
11. Asia Pacific Cannabis Market Revenue and Forecasts to 2027
- 11.1 Overview
- 11.2 Asia Pacific Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.3 Asia Pacific Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 11.4 Asia Pacific Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 11.4.1 Asia Pacific Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 11.5 Asia Pacific Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 11.6 Asia Pacific Cannabis Market Revenue and Forecasts to 2027, By Country (%)
- 11.7 Japan Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.7.1 Japan Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.7.2 Japan Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 11.7.3 Japan Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 11.7.3.1 Japan Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 11.7.4 Japan Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 11.8 China Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.8.1 China Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.8.2 China Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 11.8.3 China Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 11.8.3.1 China Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 11.8.4 China Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 11.9 India Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.9.1 India Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.9.2 India Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 11.9.3 India Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 11.9.3.1 India Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 11.9.4 India Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 11.10 Australia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.10.1 Australia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.10.2 Australia Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 11.10.3 Australia Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 11.10.3.1 Australia Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 11.10.4 Australia Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 11.11 South Korea Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.11.1 South Korea Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.11.2 South Korea Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 11.11.3 South Korea Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 11.11.3.1 South Korea Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 11.11.4 South Korea Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
12. Middle East & Africa Cannabis Market Revenue and Forecasts to 2027
- 12.1 Overview
- 12.2 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.3 Middle East & Africa Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 12.4 Middle East & Africa Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 12.4.1 Middle East & Africa Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 12.5 Middle East & Africa Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 12.6 Middle East & Africa Cannabis Market Revenue and Forecasts to 2027, By Country (%)
- 12.7 South Africa Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.7.1 South Africa Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.7.2 South Africa Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 12.7.3 South Africa Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 12.7.3.1 South Africa Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 12.7.4 South Africa Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 12.8 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.8.1 Saudi Arabia Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.8.2 Saudi Arabia Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 12.8.3 Saudi Arabia Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 12.8.3.1 Saudi Arabia Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 12.8.4 Saudi Arabia Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 12.9 UAE Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.9.1 UAE Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 12.9.2 UAE Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 12.9.3 UAE Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 12.9.3.1 UAE Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 12.9.4 UAE Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
13. South and Central America Cannabis Market Revenue and Forecasts to 2027
- 13.1 Overview
- 13.2 South and Central America Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 13.3 South and Central America Cannabis Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
- 13.4 South and Central America Cannabis Market Revenue And Forecasts to 2027, By Application (US$ Mn)
- 13.4.1 South and Central America Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 13.5 South and Central America Cannabis Market Revenue And Forecasts to 2027, By Compound (US$ Mn)
- 13.6 South and Central America Cannabis Market Revenue and Forecasts to 2027, By Country (%)
- 13.7 Brazil Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 13.7.1.1 Brazil Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 13.7.3.1 Brazil Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 13.7.5.1 Argentina Cannabis Market Revenue and Forecasts to 2027 (US$ Mn)
- 13.7.7.1 Argentina Medical Market Revenue And Forecasts to 2027, By Type (US$ Mn)
14. Cannabis Market – Industry Landscape
- 14.1 Overview
- 14.2 Growth Strategies done by the companies in the Market, (%)
- 14.3 Organic Developments
- 14.3.1 Overview
- 14.4 Inorganic developments
- 14.4.1 Overview
15. Cannabis Market–Key Company Profiles
- 15.1 Aphria, Inc.
- 15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Financial Overview
- 15.1.4 Product Portfolio
- 15.1.5 SWOT Analysis
- 15.1.6 Key Developments
- 15.2 Aurora Cannabis
- 15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Financial Overview
- 15.2.4 Product Portfolio
- 15.2.5 SWOT Analysis
- 15.2.6 Key Developments
- 15.3 Cannabis Science, INC.
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Financial Overview
- 15.3.4 Product Portfolio
- 15.3.5 Swot Analysis
- 15.3.6 Key Developments
- 15.4 Canopy Growth Corporation
- 15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Financial Overview
- 15.4.4 Product Portfolio
- 15.4.5 SWOT Analysis
- 15.4.6 Key Developments
- 15.5 Medical Marijuana, Inc.
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Financial Overview
- 15.5.4 Product portfolio
- 15.5.5 SWOT Analysis
- 15.5.6 Key Developments
- 15.6 VIVO Cannabis Inc.
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Financial Overview
- 15.6.4 Product Portfolio
- 15.6.5 SWOT Analysis
- 15.6.6 Key Developments
- 15.7 Tikun Olam
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Financial Overview
- 15.7.4 Product Portfolio
- 15.7.5 SWOT Analysis
- 15.7.6 Key Developments
- 15.8 Terra Tech Corp.
- 15.8.1 Key Facts
- 15.8.2 Business Description
- 15.8.3 Financial Overview
- 15.8.4 Product Portfolio
- 15.8.5 Swot Analysis
- 15.8.6 Key Developments
- 15.9 Tilray
- 15.9.1 Key Facts
- 15.9.2 Business Description
- 15.9.3 Financial Overview
- 15.9.4 Product Portfolio
- 15.9.5 SWOT Analysis
- 15.9.6 Key Developments
- 15.10 The Cronos Group
- 15.10.1 Key Facts
- 15.10.2 Business Description
- 15.10.3 Financial Overview
- 15.10.4 Product portfolio
- 15.10.5 SWOT Analysis
- 15.10.6 Key Developments
16. Appendix
- 16.1 About The Insight Partners
- 16.2 Glossary Of Terms
Summary:
Get latest Market Research Reports on Cannabis . Industry analysis & Market Report on Cannabis is a syndicated market report, published as 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. It is complete Research Study and Industry Analysis of Cannabis market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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