"The comprehensive Cannabis Infused Products Market report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in the Cannabis Infused Products Market industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players. All the data and information involved in the report is taken from incredibly trustworthy sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. A number of estimations and calculations have been executed in the world class Cannabis Infused Products Market research report by assuming definite base year and the historic year.
By synchronizing with project managers, the team provide the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. It includes the detailed profiles for the Cannabis Infused Products Market’s major manufacturers and importers who are influencing the market. To achieve success in the competition of global market place, going for the worldwide Cannabis Infused Products Market research report is the key. The report takes into account all the opportunities, challenges, drivers, market structures, and competitive landscape for the clients.
Data Bridge Market Research analyses that the cannabis infused products market which was USD 29.68 billion in 2022, would rocket up to USD 150.51 billion by 2030, and is expected to undergo a CAGR of 22.5% during the forecast period 2023 to 2030.
Explore Further Details about This Research Cannabis Infused Products Market Report https://www.databridgemarketresearch.com/reports/global-cannabis-infused-products-market
Cannabis Infused Products Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Product (Skincare, Cosmetics, Haircare, Intimate Lubricants, Pharmaceuticals, Gummies, Pills, Infused Beverages, and Other), Source (Hemp, Marijuana), Distribution Channel (B2B, B2C), End User (Medical, Personal Use, Pharmaceuticals, Wellness) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Joy Organics (U.S.), CBD istillery (U.S.), Gaia Botanicals (U.S.), Harmony (U.S.), Floyd’s of Leadville (U.S.), Lazarus Naturals (U.S.), cbd MD (U.S.), Pure Hemp Botanicals (U.S.), ENDOCA (Netherlands), Green Roads (U.S.), Tilray (U.S.), Canopy Growth Corp. (Canada), GW Pharmaceuticals PLC (U.K.), Aurora Cannabis (Canada), Aphria Inc. (Canada), CV sciences Inc. (U.S.) |
Market Opportunities |
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Market Definition
Cannabis infused products is another name for medicinal marijuana (MMJ). The use of cannabis as medicine has not received extensive research because of production and political restrictions. A family of flowering plants called cannabaceae includes the species cannabis. Three varieties of cannabis—cannabis sativa, cannabis indica, and cannabis ruderalis—can be distinguished.
Cannabis Infused Products Market Dynamics
Drivers
- Use in various disorders
Cannabis is increasingly recognized as an effective treatment for many conditions, including nausea and vomiting brought by chemotherapy, restlessness, muscle tightness, and chronic discomfort. The bulk of firms are moving forward quickly with their investigations into the therapeutic potential of hemp and cannabis.
- Cannabinol and Tetrahydrocannabinol-modified edibles
CBD and THC-infused edibles are becoming increasingly popular in all legal states. Furthermore, customers and investors are becoming more interested in infused beverages. The complex administrative process for cannabis acceptance can stymie industry growth. The therapeutic properties of cannabis and the ongoing legalization of cannabis capsules will serve as opportunities for market expansion.
- Increasing legalization of cannabis
The majority of cannabis users in American states and provinces that have legalized the drug are over 50. It is expected that this demographic will lead to a rise in cannabis demand in the nation due to a higher likelihood of chronic diseases. After the age of 50 and cannabis' efficacy in treating these disorders, cannabis's popularity and demand are expected to rise in the future, due to continuous research and product standardization for medicinal uses.
Opportunities
- Rising use of cannabis
Before taking the capsules, the dosage must be correctly calculated to provide the necessary medical benefits. More reliable methods include using modern equipment, competent lab technicians, and licenced producers. The demand is growing significantly due to the therapeutic advantages of cannabis capsules. Therefore, investors are keen to invest in newly established or well-established plants with the necessary equipment, skilled labour, and a licence to create cannabis capsules. Existing manufacturers are also devoting time and resources to innovating to create capsules with the best quality and appropriate doses.
The investment made in the study would provide you access to information such as:
- Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major Cannabis Infused Products Market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Cannabis Infused Products Market research report.
- Interaction with research scientists and development heads to understand the nature of the Cannabis Infused Products Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Cannabis Infused Products Market size
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