"The large scale Recreational Cannabis Market report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the Recreational Cannabis Market industry. An exhaustive analysis of factors influencing the investment is also provided in this report which forecasts impending opportunities for the businesses and develops the strategies to improve return on investment (ROI). The data and the information concerning the Recreational Cannabis Market industry are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.
To prosper in this competitive market place, businesses are highly benefited if they adopt innovative solutions such as Recreational Cannabis Market research report. A number of estimations and calculations have been executed in this market report by assuming definite base year and the historic year. The report also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis. The large scale Recreational Cannabis Market report considers various factors that have great effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the Recreational Cannabis Market industry.
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The report provides insights on the following pointers:
 Recreational Cannabis Market Penetration: Comprehensive information on the product portfolios of the top players in the Recreational Cannabis Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RD activities, and product launches in the Recreational Cannabis Market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Recreational Cannabis Market
Recreational Cannabis Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
 Recreational Cannabis Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Recreational Cannabis Market.
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Recreational Cannabis Market Analysis and Size
Even though cannabis was once considered illegal in many countries, it is now legal to use in several economies, including cannabis as medical and recreational cannabis to treat various medical conditions. It has reportedly been used to treat patients with Parkinson's, Alzheimer's, Parkinson's-related and chemotherapy-related nausea, and other neurological diseases. According to some studies, cannabis derivatives are now being accepted by the FDA and other organizations for treating diseases where they have shown promise. Cannabis is largely accepted for recreational food and beverage products.
Data bridge market research analyses that the recreational cannabis market, valued at USD 1,780.45 million in 2022, will reach USD 2,902.66 million by 2030, growing at a CAGR of 6.3% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Recreational Cannabis Market Scope and Segmentation Â
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Product Type (Oils Tinctures, Transdermal Patches, Isolates Tablets, Flower, Concentrates, Edibles, Topicals, Tinctures, Others), Distribution Channel (Online, Offline), Species (Cannabis Indica, Cannabis Sativa, Hybrid) Compound (THC-Dominant, CBD-Dominant, Balanced THC, CBD), Application (Chronic Pain, Mental Disorders, Cancer, Others), Administration (Oral, Topical, Inhalation, Rectal, Sublingual), End Use (Pharmaceuticals, Food, Beverages, Tobacco, Personal Care, Research and Development Centres) |
Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | AURORA CANNABIS INC (Canada), Cannabis Science Inc.(U.S.), Medical Marijuana, Inc.(U.S.), STENOCARE A/SÂ (Denmark), CannabisNL (U.S.), Controlled Environments Limited (Canada), The Cronos Group (Canada), Maricann Inc (Canada), Tikun Olam (Israel), ,Canopy Growth Corporation (Canada), TerrAscend (Canada), VIVO Cannabis Inc.(Canada), Harvest Health Recreation, Inc (U.S.), Curaleaf Holdings Inc. (U.S.), HEXO Corp. (Canada), INDIVA. (Canada), Cresco Labs (U.S.), Organigrams Holding Inc. (Canada), Trulieve (U.S.) |
Market Opportunities |
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Market Definition
Cannabis, more commonly referred to as marijuana, is an herbal remedy derived from plants of the Cannabis genus and is used to treat a wide range of symptoms and illnesses, including cancer, chronic pain, and mental disorders. The two main cannabinoids (THC and CBD) derived from this plant that has medicinal applications. Recreational marijuana is also the most widely used drug that alters consciousness. Recreational marijuana is frequently smoked as a dry, shredded mixture of flowers, stems, seeds, and leaves in green and brown. Recreational marijuana can be consumed as a blunt, pipe or bong, or cigarette (joint).
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Regions Covered in the Global Recreational Cannabis Market Report 2023:
? The Middle East and Africa (GCC Countries and Egypt)
? North America (the United States, Mexico, and Canada)
? South America (Brazil etc.)
? Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
? Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
The key questions answered in this Recreational Cannabis Market Report:
- What will be the Recreational Cannabis Market Size and Growth Rate in the forecast year?
- What are the Key Factors driving Recreational Cannabis Market?
- What are the Risks and Challenges in front of the Recreational Cannabis Market?
- Who are the Key Vendors in Recreational Cannabis Market?
- What are the Trending Factors influencing the Recreational Cannabis Market shares?
- What are the Key Outcomes of Porter's five forces model?
- Which are the Global Opportunities for Expanding the Recreational Cannabis Market?
Table of Contents
Global Recreational Cannabis Market Research Report 2023 - 2029
Chapter 1 Recreational Cannabis Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Recreational Cannabis Market Forecast
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-recreational-cannabis-market
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