Global Cannabis Products Market Research Report 2022

Cannabis is the flowering plant widely used as recreational and medicinal use. Different types of cannabis products are produced from the cannabis plant. Cannabis products are utilized in for the medical and cosmetics purpose owing to its anti-inflammatory and other pain relief characteristics. At present, cannabis products are being recognized as one of the beneficial products as previously it is only known for the recreational drug. Since cannabis use are associated with the varieties of benefits, its products are being legalized in different parts of the world. There is growing awareness regarding the medical benefits of cannabis products which is further flourishing the demand for cannabis products in the market.

Due to the COVID-19 pandemic, the global Cannabis Products market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Cannabis Products market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Cannabis Products landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Oil accounting for % of the Cannabis Products global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Medical segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.

The global major manufacturers of Cannabis Products include Canopy Growth Corporation, Aurora Cannabis Inc., Aphria Inc, Tilray Inc., Medical Marijuana, Inc., Cronos Group Inc., MedMen, Cannabis Science Inc. and Maricann Group Inc. and etc. In terms of revenue, the global 3 largest players have a % market share of Cannabis Products in 2021.

This report focuses on Cannabis Products volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Cannabis Products market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.

Global Cannabis Products Market: Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Oil

Powder

Capsule

Cream

Others


Segment by Application


Medical

Cosmetics

Others

By Region

North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE


By Company


Canopy Growth Corporation

Aurora Cannabis Inc.

Aphria Inc

Tilray Inc.

Medical Marijuana, Inc.

Cronos Group Inc.

MedMen

Cannabis Science Inc.

Maricann Group Inc.

VIVO Cannabis Inc.