Cannabis Oil Market Size, Share, Growth, and Forecast Report 2030
It is anticipated that the size of the worldwide cannabis oil market will reach around 2,468 million USD by 2025, expanding at a CAGR of approximately 49.5% between the years 2018 and 2025.
Cannabis Oil Market Overview
The study includes a forecast as well as an analysis of the market for cannabis oil on a worldwide and regional scale. The research presents historical data for 2017 and 2018, as well as a prognosis for the years 2019 through 2025 based on revenue (in millions of USD). The analysis examines both the factors that are driving the market and those that are holding it back, as well as the influence these factors will have on demand over the course of the projection period. In addition to this, the paper offers an analysis of the potential that may be found in the market for cannabis oil on a global scale.
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We have included a competition landscape and an analysis of Porter's Five Forces model for the industry in order to provide customers of this study with a full insight of the cannabis oil market. The research includes an analysis of the market's attractiveness, in which each market segment is compared to others based on criteria such as their market size, growth rate, and overall attractiveness.
The research includes a company market share analysis to offer readers with a more comprehensive understanding of the most important companies in the market. In addition, the report includes coverage of key strategic developments of the market, such as acquisitions and mergers, the launch of new service types, agreements, partnerships, collaborations, and joint ventures, research and development, service types, and regional expansion of major participants involved in the market.
The market for cannabis oil is broken down in this study according to the type of oil, the applications for that oil, and the regions in which it is used. The global market for cannabis oil is divided into two categories, based on the kind of cannabis oil: organic cannabis oil and non-organic cannabis oil. The global market for cannabis oil may be roughly split into two different categories based on the application it is used for: recreational and medical. The market has been estimated for the years 2019 through 2025, and all of the submarkets have been studied based on both current and future trends. The regional segmentation includes both the present demand and projected demand for the Middle East and Africa, Latin America, Asia Pacific, and North America.
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
Aphria
among others.
This report segments the global cannabis oil market into:
Global Cannabis Oil Market: Type Analysis
Organic Cannabis Oil
Non-Organic Cannabis Oil
Global Cannabis Oil Market: Application Analysis
Recreational
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Medical
Global Cannabis Oil Market: Regional Analysis
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
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