The global cannabis oil market size is expected to reach around USD 2,468 million by 2025, at a CAGR of around 49.5% between 2018 and 2025. The rising acceptance of cannabis is one of the chief factors contributing to the high growth of the cannabis oil market globally.
Cannabis Oil Market
The report covers a forecast and an analysis of the cannabis oil market on a global and regional level. The study provides historical data for 2017 and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the cannabis oil market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cannabis oil market on a global level.
In order to give the users of this report a comprehensive view of the cannabis oil market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service type launch, agreements, partnerships, collaborations & joint ventures, research & development, service type, and regional expansion of major participants involved in the market.
The study provides a decisive view of the cannabis oil market by segmenting it based on type, application, and region. By type, the global cannabis oil market is segmented into non-organic cannabis oil and organic cannabis oil. On the basis of application, the global cannabis oil market is broadly categorized into recreational and medical. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some key players of the global cannabis oil market are K.I.N.D. Concentrates, Select Oil, Absolute Terps, The Lab, Whistler, Canopy Growth Corporation, Emblem Cannabis Oils, and Aphria, among others.
Global Cannabis Oil Market: Type Analysis
Global Cannabis Oil Market: Application Analysis
Global Cannabis Oil Market: Regional Analysis