Global cannabis concentrate market expected to generate around USD 13.78 billion by 2026, at a CAGR of around 17.8% between 2019 and 2026. Cannabis or marijuana concentrate is a concentrated mass containing tetrahydrocannabinol or THC as the main component. Cannabis concentrates are obtained via extraction.
Cannabis Concentrate Market
The report covers a forecast and an analysis of the cannabis concentrate market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion). The study includes the drivers and restraints of the cannabis concentrate market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cannabis concentrate market on a global level.
In order to give the users of this report a comprehensive view of the cannabis concentrate market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the cannabis concentrate market has also been included. The study encompasses a market attractiveness analysis, wherein segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the cannabis concentrate market by segmenting it based on type, end-use, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some key players operating in the global cannabis concentrate market are Canopy Growth Corporation, Aurora Cannabis, Tikun Olam, Cannabis Science, Aphria, Maricann Group, Tilray, VIVO Cannabis, Medical Marijuana, STENOCARE, Cronos Group, Terra Tech, and MedMen.
This report segments the global cannabis concentrate market into:
Global Cannabis Concentrate Market: Type Analysis
Global Cannabis Concentrate Market: End-Use Analysis
Global Cannabis Concentrate Market: Regional Analysis