Medical Marijuana Industry By Product Type (Sativa, Indica, Hybrid) By Chemical Component (Tetrahydrocannabinol (THC), Cannabidiol (CBD), Hybrid (Combination of THC & CBD)) By Application(Cancer, Arthritis, Material Handling, Alzheimer’s, Pain Management ) By End-User (Hospitality, Pharmaceutical Industry, Research and Development Centers)- Global Size Analysis and Market Forecast 2019-2025

  • Product Code:
    RP-ID-10078307
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    110
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-27

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Medical Marijuana Industry was valued at USD 9.01 Billion in the year 2017. Global Medical marijuana Industry is further estimated to grow at a CAGR of 16.91 % from 2019 to reach USD 32.40 Billion by the year 2025. North America region holds the highest Industry share in 2017 and Europe Industry is considered as the fastest growing Industry in the forecasted period due to growing demand in the healthcare industry and technological advancements. At a country level, U.S & Canada is projected to grow strongly in the coming years.

Major market players in the Medical Marijuana Industry are Canopy Growth Co., GW Pharmaceuticals PLC, Medical Marijuana Inc., United Cannabis Co, Cannabis Sativa Inc., GreenGro Technologies, Aurora Cannabis, United Cannabis Corp, Cara Therapeutics, GBSciences Inc., and brief overview of 10 companies is also provided in the report. Better global reach at an operational level is the main reason the key players are holding substantial Industry share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

SWOT Analysis of Medical Marijuana Industry:
Strength:
The expansion of marijuana legalization in the U.S.
Weakness:
The stigma of marijuana in society
Lack of federal support
Opportunities:
Cannabis as healthcare treatment
Threats:
Legal Issues

The segmentation are done on the basis of Type of marijuana, by chemical component, by application, by end-use and by region. On the basis of Product Type, the Sativa segment is expected to hold the highest Industry share during the forecast period due to growing awareness and high demand. The segmentation done on the basis of Chemical Component the Tetrahydrocannabinol (THC) segment is expected to hold the highest Industry share.

Medical Marijuana Industry Segmentation
By Application
• Cancer
• Arthritis
• Alzheimer’s
• Pain Management
• Multiple Sclerosis
• Others

By End-User
• Hospitality
• Pharmaceutical Industry
• Research and Development Centers

By Chemical Component
• Tetrahydrocannabinol (THC)
• Cannabidiol (CBD)
• Hybrid (Combination of THC & CBD)

By Product Type
• Sativa
• Indica
• Hybrid

By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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