Cannabis Concentrate Market Growing Demand and Huge Future Opportunities by 2033


According to the Regional Research Reports, the global cannabis concentrate market is anticipated to reach USD 138.75 billion by 2033 from USD 14.9 billion in 2022. The global cannabis concentrate market is projected to grow at a CAGR of 25.0% from 2023 to 2033.

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According to the Regional Research Reports, the global cannabis concentrate market is anticipated to reach USD 138.75 billion by 2033 from USD 14.9 billion in 2022. The global cannabis concentrate market is projected to grow at a CAGR of 25.0% from 2023 to 2033.

Cannabis Concentrate Market Overview

The global cannabis concentrate market research report provides an in-depth analysis, including critical factors such as the overall size of the global market, in both regional and country-level terms, as well as market share, market growth, an analysis of recent developments, partnerships and opportunities, sales and competitive landscape analysis, expected product launches, technological innovations (both developed and in-progress), and market share values.

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Regional Research Reports has instantiated a report providing a complex analysis of the market trends that significantly affected the overall market growth. Also, it includes detailed information on the graph of profitability, market share, SWOT analysis, and regional proliferation of this business. Likewise, the report offers insights into the current stature of leading market players or companies in the competitive landscape analysis of the report.

According to the research study conducted by our research analysts, the cannabis concentrate market will account for a substantial growth rate worldwide during the forecast period. This study outlines the market estimation for the overall market value held by this industry in the current and future scenarios. This report provides decisive industry information pertaining to the total available market (TAM) valuation and GTM strategy that is presently attained by this industry. It also lists the detailed segmentation of the market along with the untapped growth trends and opportunities present across this business vertical.

Competitive Landscape and Startup Scenario:

Our competitive landscape analysis of the cannabis concentrate market will include an examination of market competition by company, including an overview, business description, product portfolio, key financials, and SWOT analysis. Market probability scenarios, a Pestel, Porter's Five Forces analysis, supply chain analysis, and market expansion strategies are also included.

Leading players operating in the Cannabis Concentrate Market include:

  • Indiva Limited
  • Westleaf Inc.
  • Aurora Cannabis Inc.
  • World Class Extractions Inc.
  • Medical Marijuana Inc.
  • Canopy Growth Corporation
  • MediPharm Labs
  • Radient Technologies Inc.
  • Neptune Wellness Solutions
  • Valens GroWorks Corporation.
  • StillCanna Inc.

(Note: In the final report, we prefer maximum-to-maximum leading firms with the recent development, partnership, and acquisition of the companies.)

Report Scope and Details

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Report Attribute

Details

Market Size in 2022

USD 14.9 billion

Market Size in 2033

USD 138.75 billion

Growth Rate/CAGR (2023-2033)

25.0%

Base Year for Estimation

2022

Historic Year

2018-2021

Forecast Period

2023-2033

Study Period

2018-2033

Quantitative Units

Revenue in USD Million and CAGR from 2023-2033

Market Factor Analysis

  • Future Estimation and Forecast for the market
  • PESTEL and Porter's
  • SWOT Analysis
  • Covid-19 Impact
  • Upcoming Opportunity
  • Market Attractive Index for each segment and region
  • Investment pocket opportunities in the market

Regions Covered

  • North America
  • South America
  • Asia Pacific
  • Europe
  • Middle East and Africa (MEA)

Countries Profiled

  • US
  • Canada
  • Mexico
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Thailand
  • Malaysia
  • Vietnam
  • Singapore
  • Australia
  • New Zealand
  • Germany
  • the UK
  • France
  • Italy
  • Spain
  • Russia
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Israel
  • Turkey

Customization Scope

Free 20% report customization with the purchase within a specific period.

 

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Key Segments Covered in the Cannabis Concentrate Market Industry Survey

The cannabis concentrate market has been segmented based on type and application. The market is analyzed at a regional and global levels with considering the secondary and primary sources.

Cannabis Concentrate Market by Type (Revenue Sales, USD Billion, 2022-2033)

  • Live resins
  •  Wax
  •  Oil
  •  Chatter
  •  Vape

Cannabis Concentrate Market by Application (Revenue Sales, USD Billion, 2022-2033)

  • Medical
  •  Recreational next
  •  Food industry

Cannabis Concentrate Market by Region:

  • North America Cannabis Concentrate Market
  • Latin America Cannabis Concentrate Market
  • Europe Cannabis Concentrate Market
  • Asia Pacific Cannabis Concentrate Market
  • Middle East and Africa Cannabis Concentrate Market

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Reason To Buy This Report

This research study has dedicated many volumes of analysis - industry research (global industry trends) and worldwide cannabis concentrate market share analysis of key players, as well as company profiles - in an insight viewpoint, which collectively includes the total views regarding the market landscape; evolving and high-growth sections of the global cannabis concentrate market; high-growth regions; and market drivers, restraints, and market churn.

The report examines the cannabis concentrate market and its developments across several industry verticals and geographies. It aims to estimate the market size and development potential of the cannabis concentrate market across several segments, such as type and application.

Furthermore, the study includes a detailed overview of the key players in the worldwide cannabis concentrate market, their company profiles, SWOT analysis, latest breakthroughs, and business goals.

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