Cannabis Market: What will be the Future in Next Five Years| Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics
The study on the Global Cannabis Market strives to offer major and deep understandings into the present market scenario and the evolving growth dynamics. The report on Cannabis Market also provides the market players as well as the new challengers a complete view of the market landscape. The comprehensive research will enable the well-established as well as the emerging players to establish their business strategies and achieve their short-term and long-term goals. The research report provides Porters five force model, SWOT analysis, and PESTEL analysis of the market. The different areas covered in the report are market size, drivers and restrains, segment analysis, geographic outlook, major manufacturers in the market, and competitive landscape.
Global cannabis market is projected to register a healthy CAGR of 34.7% in the forecast period of 2019 to 2026.
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Professional Key Players in Cannabis Market: The Cronos Group, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis Inc., Cannatrek
A Study on Market Segments
Segmental analysis is one of the most important sections of a market research report. The authors of the report have broadly segmented the global Cannabis market as per product, application, and region. All of the product and application segments are studied in quite some detail in the report while focusing on market share, growth potential, CAGR, and other deciding factors. As part of regional study, the report sheds light on high-growth markets and how they are expected to progress in the coming years. On the whole, the segmentation study comes out as an accurate and a deep assessment of key market segments.
On the basis of product type, the market is segmented into buds, oil, tinctures and others
In December, Health Canada awarded Aurora Cannabis Inc. with the license that permits sale of cannabis softgel capsules. This license helped the company to increase its international sales and also to generate revenue by launching these capsules to the medical cannabis market in Canada as well as the adult-use market.
On the basis of usage, the market is segmented into medical and recreational
In April 2019, Aphria Inc. launched a new product into the cannabis market namely CBD-based nutraceutical and CBD-based cosmetics line especially for the German market. The product was launched by the CannRelief brand of the company as they are popular in the German market and can help the company increase its market share globally.
On the basis of distribution channel, the market is segmented into physical, digital and others.
On the basis of crop variety, the market is segmented into cannabis indica, cannabis sativa and others.
In November 2019, SLANG Worldwide Inc. announced the launch of its new product line, RESERVE; in California market that is an extension of O.penVAPE brand. The company became best-selling cannabis brand in the United States due to the launch of this product.
The report similarly emphasizes the importance and influence of growth driving factors, changing market dynamics, volatile pricing structure, restraints, and limitations on the global Cannabis industry. The report also predicts how the factors will be impacting market growth momentum during the forecast period. It employs several adept analytical tools including SWOT, Porter’s Five Forces, and Feasibility analysis that explore the competitive advantages, threats, and viability of the market.
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Key strategic initiatives of Major Players:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for Cannabis sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as The Cronos Group, Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis Inc., Cannatrek.
Table of Contents
Chapter 1 provides an overview of Cannabis market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of Cannabis market by type, application, and region are also presented in this chapter.
Chapter 2 is about the market landscape and major players. It provides competitive situation and market concentration status along with the basic information of these players.
Chapter 3 provides a full-scale analysis of major players in Cannabis industry. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered.
Chapter 4 gives a worldwide view of Cannabis market. It includes production, market share revenue, price, and the growth rate by type.
Chapter 5 focuses on the application of Cannabis, by analyzing the consumption and its growth rate of each application.
Chapter 6 is about production, consumption, export, and import of Cannabis in each region.
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What all regions are covered in this Global Cannabis Market research report?
The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
How does this report prove to be beneficial for the readers?
The Global Cannabis Market report saves crucial time of the readers by providing deep and unbiased insights related to Global Cannabis Market under one roof. Additionally, this report can be customized according to the customers’ requirement. Specific regional wise or country wise analysis is also available as per on request.
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