• Data Bridge Market Research report on cannabis market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
· The cannabis market is expected to witness market growth at a rate of 29.1% in the forecast period of 2021 to 2028.
· Data Bridge Market Research report on cannabis market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
§ Cannabis is referred to as a tall plant with a stiff upright stem that is widely used as a drug and is being legalized for its medical usage. Medical cannabis refers to as the plant-derived psychotropic drugs that is utilized for treating various medical ailments. The product is sourced from sativa and hybrid cannabis plants, cannabis indica, and the active ingredients include tetrahydrocannabinol (THC) and cannabidiol (CBD). The products are manufactured in the form of oils and capsules, among others.
§ The rise in the health consciousness across the region acts as one of the major factors driving the growth of cannabis market. The increase in demand for cannabis oil among countries with legalized medical marijuana and rise in number of people suffering from chronic illnesses, such as Parkinson's, Alzheimer's, and cancer, among other neurological disorders accelerate the market growth. The surge in in the medical applications of cannabis and active research genetic development and modification of the plant further influence the market.
Industry Segmentation
The cannabis market is segmented on the basis of product type, compound, crop variety, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the cannabis market is segmented into flowers, concentrates and other product types. Other product types are further segmented into capsules, topicals, edibles, and beverages.
- On the basis of compound, the cannabis market is segmented into Tetrahydrocannabinol (THC)-dominant, Cannabidiol (CBD)-dominant and Balanced THC and CBD.
- On the basis of crop variety, the cannabis market is segmented into cannabis indica, cannabis sativa, and others.
- On the basis of application, the cannabis market is segmented into medical and recreational.
- On the basis of distribution channel, the cannabis market is segmented into physical, digital and others.
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The countries covered in the Asia-Pacific cannabis market report are
ü Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, New Zealand, Vietnam, and the Rest of Asia-Pacific.
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The major players covered in the cannabis market report are
ü Tilray, Marley Natural, Aurora Cannabis, Cara Therapeutics, ARUMA LABS HOLDINGS PTY LIMITED, Medcan Australia, Sundial Growers Inc., Canopy Growth Corporation, GW Pharmaceuticals plc, The Scotts Company LLC, Aphria Inc., VIVO Cannabis Inc., Cannatrek, O.penVAPE Shop., and The Cronos Group, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Ø Chapter One: Introduction
Ø Chapter Two: Industry analysis
Ø Chapter Three: Market Overview
Ø Chapter Four: Industry segmentation
Ø Chapter Five: Industry share analysis
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-cannabis-market
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