Medical Marijuana Market 2020 Global Industry Trends, Size, Share Analysis to 2026 is latest report published on “Global Medical Marijuana Market” by Fortune Business Insights. According to this report Global Medical Marijuana Market will rise from Covid-19 crisis at moderate growth rate during 2020 to 2026. Report segments comprehensive information about Medical Marijuana Market By Application (Pain Disorders, Cancer, and Others), By Type (Flowers, Concentrates, Edibles and Others), By Distribution Channel (Dispensaries, Online Channel, and Others), and Regional Forecast, 2019-2026.
Some of the companies operating the industry are:
- Green Relief Inc.
- Medical Marijuana, Inc.
- Canopy Growth Corporation
- Aurora Cannabis
- CannTrust Holdings
- MedReleaf Corp
- Aphria Inc.
- GW Pharmaceuticals
- ABcann Medicinals, Inc.
- Emerald Health Therapeutics
- The Cronos Group
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Medical Marijuana Market Analysis From 2020 To 2026:
The global Medical Marijuana market size is projected to reach USD 26,920.4 million by 2026, exhibiting a CAGR of 20.4% during the forecast period. Medical cannabis can be used as a therapeutic ailment for patients suffering from diseases such as acute pain diseases, Parkinson’s disease, cancer, and others
Medical Marijuana Market includes comprehensive information derived from depth study on Medical Marijuana Industry historical and forecast market data. Global Medical Marijuana Market Size To Expand moderately as the new developments in Medical Marijuana and Impact of COVID19 over the forecast period 2020 to 2026.
Revolution in the marijuana industry is brought on Feb 2020 by Verda Innovation with the launch of their cutting-edge platform for legal medical marijuana consumers and retailers. With the help of this platform, users can easily search nearby dispensaries that are licensed and choose from live menu containing products, place orders online and opt for either same-day delivery or in-store pickup within the boundaries of regulations imposed by the government.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations travel bans and quarantines restaurants closed all indoor events restricted over forty countries state of emergency declared massive slowing of the IT Spending market volatility falling business confidence, growing panic among the population, and uncertainty about future.
Increasing Number of Clinical Research Trials will Add Impetus to Market
A number of therapeutics with marijuana content are utilized in the treatment of certain rare health conditions. These include nausea associated with chemotherapy, weight loss and appetite related with AIDS/HIV, neurological disorders, acute pain diseases, and others. This trend of rising initiatives to pertain to the clinical trials of cannabis is considered a major factor promoting the medical marijuana market growth. Besides this, the rising demand for permitting the use of legal medical cannabis in various states will also bode well for the market in the forecast period.
On the flip side, side effects associated with limitless consumption of this, may cause hindrance to the overall market in the coming years. Such side effects include low blood pressure, dizziness, and others.
The Global Medical Marijuana Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Medical Marijuana market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Regional Market Overview:
Based on regions the market is classified into North America, Europe, Latin America and the rest of the world. The market in North America is poised to hold maximum medical marijuana market share across the forecast period. The market in North America stood at USD 5,994.9 million in 2018 and with a stable growth rate the market size is estimated to reach USD 24,578.3 million by 2026. The region held lion’s share owing to the U.S. being the most prominent country for cannabis market. Moreover, increasing number of legalizations pertaining to the usage of cannabis plant for medical as well as recreational purposes in more than 30 states of the U.S. have significantly contributed to the growing revenue of the region. Furthermore, presence of several major players in the region is another significant factor augmenting legal medical cannabis market growth. Additionally, the increasing number of private and public funding for research activities in terms of medical significance of the cannabis plant will further propel market growth.
This report focuses on Medical Marijuana Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2024, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
The Medical Marijuana Market Size, Share, Growth report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key questions answered in the report:
- What will the market growth rate of Medical Marijuana market in 2026?
- What are the key factors driving the global Medical Marijuana market?
- Who are the key manufacturers in Medical Marijuana market space?
- What are the market opportunities, market risk and market overview of the Medical Marijuana market?
- What are sales, revenue, and price analysis of top manufacturers of Medical Marijuana market?
- Who are the distributors, traders and dealers of Medical Marijuana market?
- What are the Medical Marijuana market opportunities and threats faced by the vendors in the global Medical Marijuana industry?
- What are sales, revenue, and price analysis by types and applications of Medical Marijuana market?
- What are sales, revenue, and price analysis by regions of Medical Marijuana industry?
Table Of Content:
1 Market Overview
1.1 Medical Marijuana Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
18.104.22.168 United States Market States and Outlook (2014-2024)
22.214.171.124 Canada Market States and Outlook (2014-2024)
126.96.36.199 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
188.8.131.52 Germany Market States and Outlook (2014-2024)
184.108.40.206 France Market States and Outlook (2014-2024)
220.127.116.11 UK Market States and Outlook (2014-2024)
18.104.22.168 Russia Market States and Outlook (2014-2024)
22.214.171.124 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
126.96.36.199 China Market States and Outlook (2014-2024)
188.8.131.52 Japan Market States and Outlook (2014-2024)
184.108.40.206 Korea Market States and Outlook (2014-2024)
220.127.116.11 India Market States and Outlook (2014-2024)
18.104.22.168 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
22.214.171.124 Brazil Market States and Outlook (2014-2024)
126.96.36.199 Egypt Market States and Outlook (2014-2024)
188.8.131.52 Saudi Arabia Market States and Outlook (2014-2024)
184.108.40.206 South Africa Market States and Outlook (2014-2024)
220.127.116.11 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Medical Marijuana Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Medical Marijuana Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Medical Marijuana Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Medical Marijuana Manufacturer Market Share in 2018
3.3.2 Top 6 Medical Marijuana Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Medical Marijuana Market Analysis by Regions
4.1 Global Medical Marijuana Sales, Revenue and Market Share by Regions
4.1.1 Global Medical Marijuana Sales and Market Share by Regions (2014-2019)
4.1.2 Global Medical Marijuana Revenue and Market Share by Regions (2014-2019)
4.2 North America Medical Marijuana Sales and Growth Rate (2014-2019)
4.3 Europe Medical Marijuana Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Medical Marijuana Sales and Growth Rate (2014-2019)
4.5 South America Medical Marijuana Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Medical Marijuana Sales and Growth Rate (2014-2019)
5 North America Medical Marijuana by Country
5.1 North America Medical Marijuana Sales, Revenue and Market Share by Country
5.1.1 North America Medical Marijuana Sales and Market Share by Country (2014-2019)
5.1.2 North America Medical Marijuana Revenue and Market Share by Country (2014-2019)
5.2 United States Medical Marijuana Sales and Growth Rate (2014-2019)
5.3 Canada Medical Marijuana Sales and Growth Rate (2014-2019)
5.4 Mexico Medical Marijuana Sales and Growth Rate (2014-2019)
8 South America Medical Marijuana by Country
8.1 South America Medical Marijuana Sales, Revenue and Market Share by Country
8.1.1 South America Medical Marijuana Sales and Market Share by Country (2014-2019)
8.1.2 South America Medical Marijuana Revenue and Market Share by Country (2014-2019)
8.2 Brazil Medical Marijuana Sales and Growth Rate (2014-2019)
8.3 Argentina Medical Marijuana Sales and Growth Rate (2014-2019)
8.4 Colombia Medical Marijuana Sales and Growth Rate (2014-2019)
9 Middle East and Africa Medical Marijuana by Countries
9.1 Middle East and Africa Medical Marijuana Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Medical Marijuana Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Medical Marijuana Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Medical Marijuana Sales and Growth Rate (2014-2019)
9.3 Turkey Medical Marijuana Sales and Growth Rate (2014-2019)
9.4 Egypt Medical Marijuana Sales and Growth Rate (2014-2019)
9.5 Nigeria Medical Marijuana Sales and Growth Rate (2014-2019)
10 Medical Marijuana Market In Developing Conutries
11 South America Medical Marijuana Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Medical Marijuana Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter’s Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
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