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Cannabis Cultivation Market - Global Industry Analysis

Cannabis Cultivation Market- By Biomass (Hemp and Marijuana), By Application (Medical Consumption and Recreational Consumption), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 17-Nov-2021 Category: Pharmaceutical Report Format : PDF Pages: 187 Report Code: ZMR-6822 Status : Published

The global Cannabis Cultivation Market accrued earnings worth approximately 147.3 (USD Billion) in 2020 and is predicted to gain revenue of about 359.6 (USD Billion) by 2028, is set to record a CAGR of nearly 14.5% over the period from 2021 to 2028.

Description

The global Cannabis Cultivation Market accrued earnings worth approximately 147.3 (USD Billion) in 2020 and is predicted to gain revenue of about 359.6 (USD Billion) by 2028, is set to record a CAGR of nearly 14.5% over the period from 2021 to 2028. The report offers assessment and analysis of the Cannabis Cultivation Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Cannabis Cultivation Market: Overview

Legalization of cannabis cultivation along with acceptance of cannabis therapy for treating chronic ailments will drive growth of cannabis cultivation market. Cultivation of cannabis is gaining popularity owing to its wide application in nutraceuticals, personal care & cosmetics, and food & beverages. Moreover, liberalization of legislations pertaining to cultivation of cannabis in some of the developed countries will contribute majorly towards business landscape. Large-scale acceptance of cannabis for medicinal use will prop up demand for cannabis cultivation in coming years.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Cannabis Cultivation Market: Growth Factors

Surge in acceptance of cannabis for treating chronic disorders will culminate into humungous growth of cannabis cultivation market. Furthermore, escalating demand for pain-relieving medicines from pharmaceutical industry is likely to result into massive growth in size of cannabis cultivation market. In addition to this, liberalization of laws pertaining to marijuana & hemp will bolster expansion of cannabis cultivation industry over ensuing years. Large-scale use of cannabis in pharmaceuticals, cosmetics, and personal care industries will create new growth avenues for cannabis cultivation market in upcoming years. Apart from this, rise in utilization of hemp & marijuana in food & beverages and nutraceuticals will steer industry growth.

Furthermore, growing use of cannabis & derivatives as raw materials by firms will proliferate expansion of cannabis cultivation industry over upcoming years. Rise in use of marijuana for medicinal purpose and treating myriad health conditions including cancer, chronic pain, and mental disorders will steer industry expansion over forecasting years.

Regional Landscape

North America To Make Notable Contributions Towards Global Cannabis Cultivation Market Share By 2028       

Growth of regional market over forecast timespan is subject to liberalization of laws related to use of cannabis in many of states of the U.S. and also government support for use of cannabis for medicinal purpose in Canada. In addition to this, increase in number of product approvals in countries such as Canada and the U.S. will promulgate growth of cannabis cultivation market in region.   

Competitive Landscape

Key players influencing growth of cannabis cultivation market and profiled in report are Canopy Growth Corporation, The Cronos Group, The Hydropothecary Corp., Aphria, Inc., Organigram Holding, Inc., Aurora Cannabis, Inc., CannTrust Holdings, Tilray, Pacific Cannabis Growers Inc., Better Holdings LTD, and Atlas Growers Ltd.

The global Cannabis Cultivation Market is segmented as follows:

By Biomass

  • Hemp
  • Marijuana

By Application

  • Medical Consumption
  • Recreational Consumption

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Cannabis CultivationMarket, 2018–2028(USD Billion)
    • 2.2. Cannabis CultivationMarket: Snapshot
  • Chapter 3. Global Cannabis CultivationMarket– Industry Analysis
    • 3.1. Cannabis CultivationMarket: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rise in use of marijuana for medicinal use and treatment of myriad kinds of health disorders including cancer, chronic pain, and mental disorders will embellish industry expansion over forecasting timespan.
      • 3.2.2. Increase in acceptance of cannabis for treating chronic ailments will translate into humungous expansion of cannabis cultivation market.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Biomass
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global Cannabis CultivationMarket– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Cannabis CultivationMarket: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Cannabis CultivationMarket– Biomass Analysis
    • 5.1. Global Cannabis Cultivation Marketoverview: By Biomass
      • 5.1.1. Global Cannabis Cultivation Marketshare, By Biomass, 2020 and 2028
    • 5.2. Hemp
      • 5.2.1. Global Cannabis Cultivation Marketby Hemp, 2018–2028(USD Billion)
    • 5.3. Marijuana
      • 5.3.1. Global Cannabis Cultivation Marketby Marijuana, 2018–2028(USD Billion)
  • Chapter 6. Global Cannabis Cultivation Marketoverview: By Application
    • 6.1. Global Cannabis Cultivation Marketshare, By Application, 2020 and 2028
    • 6.2. Medical Consumption
      • 6.2.1. Global Cannabis Cultivation Marketby Medical Consumption , 2018–2028(USD Billion)
    • 6.3. Recreational Consumption
      • 6.3.1. Global Cannabis Cultivation Marketby Recreational Consumption, 2018–2028(USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Canopy Growth Corporation
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. The Cronos Group
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. The Hydropothecary Corp.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Development
    • 7.4. Aphria, Inc.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Development
    • 7.5. Organigram Hulding, Inc.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Aurora Cannabis, Inc.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. CannTrust Huldings
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Tilray
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Pacific Cannabis Growers Inc.
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. Atlas Growers Ltd.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product Portfulio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development
    • 7.11. Better Huldings LTD
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Product Portfulio
      • 7.11.4. Business Strategy
      • 7.11.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Cannabis CultivationMarket, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Cannabis CultivationMarketattractiveness, By Biomass
6. Global Cannabis CultivationMarketattractiveness, By Application
7. Global Cannabis CultivationMarketshare by Biomass ,2020 and 2028 (USD Billion)
8. Global Cannabis CultivationMarketby Hemp, 2018–2028(USD Billion)
9. Global Cannabis CultivationMarketby Marijuana, 2018–2028(USD Billion)
10. Global Cannabis CultivationMarketshare by Application ,2020 and 2028 (USD Billion)
11. Global Cannabis CultivationMarketby Medical Consumption,  2018–2028(USD Billion)
12. Global Cannabis CultivationMarketby Recreational Consumption, 2018–2028(USD Billion)
13. Global Cannabis CultivationMarketshare, by Region, 2020 and 2028
14. North America Cannabis CultivationMarket, 2018–2028(USD Billion)
15. Europe Cannabis CultivationMarket, 2018–2028(USD Billion)
16. Asia Pacific Cannabis CultivationMarket, 2018–2028(USD Billion)
17. Latin America Cannabis CultivationMarket, 2018–2028(USD Billion)
18. The Middle East and Africa Cannabis CultivationMarket, 2018–2028(USD Billion)
 


List of Tables

1. Global Cannabis CultivationMarket: snapshot
2. Drivers of the Cannabis CultivationMarket: impact analysis
3. North America Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
4. North America Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
5. The U.S. Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
6. The U.S. Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
7. Rest of North America Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
8. Rest of North America Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
9. Europe Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
10. Europe Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
11. UK Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
12. UK Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
13. France Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
14. France Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
15. Germany Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
16. Germany Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
17. Rest of Europe Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
18. Rest of Europe Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
19. Asia Pacific Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
20. Asia Pacific Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
21. China Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
22. China Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
23. Japan Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
24. Japan Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
25. India Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
26. India Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
27. Rest of Asia Pacific Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
28. Rest of Asia Pacific Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
29. Latin America Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
30. Latin America Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
31. Brazil Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
32. Brazil Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
33. Rest of Latin America Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
34. Rest of Latin  America Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
35. The Middle East and Africa Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
36. The Middle East and Africa Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
37. Saudi Arabia Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
38. Saudi Arabia Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
39. South Africa Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
40. South Africa Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Cannabis Cultivation Marketrevenue, By Biomass  ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Cannabis Cultivation Marketrevenue, By Application ,2018–2028(USD Billion)


      

 
 

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FrequentlyAsked Questions

Surge in acceptance of cannabis for treating chronic disorders will culminate into humungous growth of cannabis cultivation market. Furthermore, escalating demand for pain-relieving medicines from pharmaceutical industry is likely to result into massive growth in size of cannabis cultivation market. In addition to this, liberalization of laws pertaining to marijuana & hemp will bolster expansion of cannabis cultivation industry over ensuing years. Large-scale use of cannabis in pharmaceuticals, cosmetics, and personal care industries will create new growth avenues for cannabis cultivation market in upcoming years. Apart from this, rise in utilization of hemp & marijuana in food & beverages and nutraceuticals will steer industry growth. Furthermore, growing use of cannabis & derivatives as raw materials by firms will proliferate expansion of cannabis cultivation industry over upcoming years.  

 

According to Zion market research report, the global Cannabis Cultivation Market accrued earnings worth approximately 147.3 (USD Billion) in 2020 and is predicted to gain revenue of about 359.6 (USD Billion) by 2028, is set to record a CAGR of nearly 14.5% over the period from 2021 to 2028.

North America will account notably towards the regional market size over the estimated timeline. The regional market expansion can be credited to liberalization of laws related to use of cannabis in many of states of the U.S. and also government support for use of cannabis for medicinal purpose in Canada. In addition to this, increase in number of product approvals in countries such as Canada and the U.S. will promulgate growth of cannabis cultivation market in region.

The key market participants include Canopy Growth Corporation, The Cronos Group, The Hydropothecary Corp., Aphria, Inc., Organigram Holding, Inc., Aurora Cannabis, Inc., CannTrust Holdings, Tilray, Pacific Cannabis Growers Inc., Better Holdings LTD, and Atlas Growers Ltd.

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