Cannabis Market size was valued at US$ 65.05 Bn. in 2023 and the total revenue is expected to grow at CAGR of 32.04% through 2024 to 2030, reaching nearly US$ 455.22 Bn. by 2030.
Cannabis Market Overview:
The Global Cannabis Market research provides a complete analysis of the market structure and competitive landscape. The Cannabis Market was thoroughly assessed using a bottom-up technique to understand market growth. The report's key insights include the primary market drivers at the global and regional levels, obstacles for future growth, and numerous opportunities created by technological improvements in the market.
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Market Scope:
Data for the analysis were gathered through primary and secondary research approaches. The report included both qualitative and quantitative analysis. Primary research was done to validate the secondary research findings. SWOT, PESTLE, and Porter's Five Force analysis were used to understand the variables influencing the growth of the Cannabis Market. Such analysis transforms the report into an investor's guide, assisting clients with investment and marketing selections. The Cannabis market is expected to develop over the forecast period. The Cannabis market is expected to witness significant growth. The research provides in depth analysis of business strategic approaches used by leading organizations which includes partnerships, mergers, acquisitions, and collaborative initiatives. The Cannabis report offers a detailed summary of major key players in the global Cannabis market. While analysing historical and future growth trends to provide a global perspective on the market, the report segments the Cannabis based on type, application, end users, and region.
Regional Analysis
Regional analysis is carried out to give information on market leaders in different regions, market penetration, and demographic factors influencing the regional Global Cannabis business. A competitive matrix is created for the Cannabis Market to encompass market leaders as well as new entrants. The study provides a summary of each organization and key takeaways based on revenue, technological improvements, recent developments, mergers and acquisitions, joint ventures, alliances, and marketing strategies. Cannabis is the fastest-growing region for food packaging, followed by ##. Increased disposable income, lifestyle changes, the growing popularity of packaged goods, and an increase in general consumer demand for canned foods are all factors contributing to regional expansion. The Cannabis # & Cannabis # regions are also showing significant growth during the forecast period.
Cannabis Market:https://www.stellarmr.com/report/Cannabis-Market/552
Cannabis Market Segmentation:
by Type
Flowers
Concentrates
By Application
Medicinal Application
Recreational Application
Cannabis market Key Players:
- Canopy Growth Corporation (Canada)
- Aurora Cannabis Inc. (Canada)
- MedMen (US)
- Terra Tech Corp. (US)
- Aphria Inc. (Canada)
- VIVO Cannabis Inc. (Canada)
- The Cronos Group (Canada)
- Medical Marijuana Inc. (US)
- STENOCARE (Denmark)
- Tikun Olam (Israel)
- Organigram Holdings Inc. (Canada)
- Cresco Labs (US)
- Indiva (Canada)
- Curaleaf Holding Inc. (US)
- HEXO Corp. (Canada)
- Ecofibre Limited (Australia)
- Harvest Health & Recreation (US)
- Green Thumb Industries (US)
- Maricann Group Inc. (Canada)
- TerrAscend (Canada)
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Key Questions answered in the Cannabis Market Report are:
- Which region held the largest market share in the Cannabis Market?
- What is the expected Cannabis market size by 2030?
- Which factors are the opportunities for the Cannabis market growth?
- What are investment opportunities for the Cannabis market?
- What are the recent industry trends that were implemented to generate additional revenue streams for the Cannabis Market?
- Which segment dominates the Cannabis Market?
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