Cannabis belongs to the genus Cannabis in the family Cannabaceae and may include three species, Cannabis sativa, Cannabis indica, and Cannabis ruderalis, (APG II system) or one variable species. It is typically a dioecious (each individual is either male or female) annual plant. Cannabis cultivation primarily for the production and consumption of its infructescence ("buds" or "flowers"). Cultivation techniques for other purposes (such as hemp production) differ.
This report contains market size and forecasts of Cultivation and Processing of Cannabis in Global, including the following market information:
- Global Cultivation and Processing of Cannabis Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Cultivation and Processing of Cannabis market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Non-commercial Social Cultivation and Processing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cultivation and Processing of Cannabis include Canopy Growth Corporation, Aphria, Aurora Cannabis, Wayland Group, Trella Technologies, Tilray, GW Pharmaceuticals, JAMES E.WAGNER and Cronos Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Cultivation and Processing of Cannabis companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cultivation and Processing of Cannabis Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Cultivation and Processing of Cannabis Market Segment Percentages, by Type, 2021 (%)
- Non-commercial Social Cultivation and Processing
- Commercial Cultivation and Processing
- Medical Cultivation and Processing
Global Cultivation and Processing of Cannabis Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Cultivation and Processing of Cannabis Market Segment Percentages, by Application, 2021 (%)
- Pharmaceutical
- Food Chemicals
- Commercial
- Industrial
- Others
Global Cultivation and Processing of Cannabis Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Cultivation and Processing of Cannabis Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Cultivation and Processing of Cannabis revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Cultivation and Processing of Cannabis revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Canopy Growth Corporation
- Aphria
- Aurora Cannabis
- Wayland Group
- Trella Technologies
- Tilray
- GW Pharmaceuticals
- JAMES E.WAGNER
- Cronos Group
- Green Thumb Industries (GTI)
- Cresco Labs
- Organigram
- NorCal Cannabis Company
- Camfil
