Market Overview:
The global cannabis cultivation market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the legalization of cannabis for medical and recreational purposes in various countries across the globe. Additionally, increasing awareness about the benefits of cannabis is also contributing to the growth of this market. The global cannabis cultivation market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into crude product, fashioning, and others. Crude product dominates this market owing to its high demand for use in various applications such as medical and legal edible applications. On the basis of application, it can be classified into medical, legal edible, other applications (such as fuel), and personal care products. Medical application dominates this market due to its growing acceptance among consumers for various chronic diseases such as cancer and Alzheimer’s disease.
Product Definition:
The definition of cannabis cultivation is the process of growing and harvesting plants that are used to produce marijuana. The importance of cannabis cultivation is that it allows for the production of this drug, which can then be used for medical or recreational purposes.
Crude Product:
Crude product is the basic material which is extracted from cannabis plant. It includes stalks, seeds and leaves of the plant. Stalks are usually used for making fiber while leaves are used for smoking or in cooking etc., and seeds are used in oil extraction or to make hempseed cakes etc.
Fashioning:
Fashioning is a method of growing cannabis where the plant is grown in an environment that simulates natural light and soil. It has been known to produce higher yields than indoor farming and has a reduced risk of mold or other fungi affecting the yield. The method allows growers to control environmental factors such as pH levels, humidity, temperature, etc., which results in increased potency from flower to resins.
Application Insights:
The application segment includes medical, fashioning, recreational edible and others. The medical application of cannabis is expected to dominate the overall market in terms of revenue generation over the forecast period. Cannabis has a wide range of medicinal benefits which are yet to be fully comprehended. It can be used for treatment of chronic pain, mental disorders and sleep disorders among other ailments. Moreover, increasing research activities pertaining to marijuana are expected to open new avenues for cultivation over the coming years.
Recreational consumption is also anticipated to grow at lucrative rates during the study period owing to rising awareness regarding health benefits associated with cannabis consumption such as improved mental health along with physical fitness improvement and relief from anxiety among other conditions. Increasing adoption rate by consumers aged 30+ years across various regions including North America and Europe is further anticipated fuel growth during this study period (2018-2030).
Regional Analysis:
North America dominated the market in 2017 owing to favorable climatic conditions and presence of key manufacturers. The region is expected to maintain its dominance over the forecast period due to increasing legalization of cannabis use in U.S. and Canada as a result of which demand for cultivating marijuana is anticipated to increase significantly over the next eight years.
Asia Pacific is estimated to be fastest-growing regional market from 2018 to 2030 on account of rising number of patients suffering from chronic pain, spasticity, epilepsy, and cancer among others who are using cannabis therapeutically or illegally; growing medical marijuana industry; and supportive government initiatives regarding legalization & regulation of cannabis cultivation/use in countries such as India, Australia, New Zealand etc., thus making Asia Pacific an attractive destination for global players looking forward investing in this sector with high growth potential while also generating revenue through sales & exports at a domestic level.
Growth Factors:
- Increasing legalization of cannabis for medical and recreational use: The global cannabis cultivation market is expected to grow at a CAGR of 14.8% from 2018 to 2025, owing to the increasing legalization of cannabis for medical and recreational use. In 2017, the global market was valued at USD 10.3 billion and is projected to reach USD 31.4 billion by 2025.
- Rising demand for CBD oil: The CBD oil segment is expected to grow at a CAGR of 23% from 2018 to 2025, owing to the rising demand for CBD oil across the globe due its various health benefits such as reducing anxiety, relieving pain, and treating seizures disorders etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cannabis Cultivation Market Research Report
By Type
Crude Product, Fashioning,
By Application
Medical, Legal Edible, Other,
By Companies
Canopy Growth Corporation, Aphria, Aurora Cannabis, Maricann, Tilray, GW Pharmaceuticals, Tikun Olam, Cannabis Sativa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Cannabis Cultivation Market Report Segments:
The global Cannabis Cultivation market is segmented on the basis of:
Types
Crude Product, Fashioning,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Legal Edible, Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Canopy Growth Corporation
- Aphria
- Aurora Cannabis
- Maricann
- Tilray
- GW Pharmaceuticals
- Tikun Olam
- Cannabis Sativa
Highlights of The Cannabis Cultivation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Crude Product
- Fashioning
- By Application:
- Medical
- Legal Edible
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cannabis Cultivation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cannabis cultivation is the process of growing cannabis plants.
Some of the key players operating in the cannabis cultivation market are Canopy Growth Corporation, Aphria, Aurora Cannabis, Maricann, Tilray, GW Pharmaceuticals, Tikun Olam, Cannabis Sativa.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cannabis Cultivation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cannabis Cultivation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cannabis Cultivation Market - Supply Chain
4.5. Global Cannabis Cultivation Market Forecast
4.5.1. Cannabis Cultivation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cannabis Cultivation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cannabis Cultivation Market Absolute $ Opportunity
5. Global Cannabis Cultivation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cannabis Cultivation Market Size and Volume Forecast by Type
5.3.1. Crude Product
5.3.2. Fashioning
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cannabis Cultivation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cannabis Cultivation Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Legal Edible
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cannabis Cultivation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cannabis Cultivation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cannabis Cultivation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cannabis Cultivation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cannabis Cultivation Demand Share Forecast, 2019-2026
9. North America Cannabis Cultivation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cannabis Cultivation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cannabis Cultivation Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Legal Edible
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cannabis Cultivation Market Size and Volume Forecast by Type
9.7.1. Crude Product
9.7.2. Fashioning
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cannabis Cultivation Demand Share Forecast, 2019-2026
10. Latin America Cannabis Cultivation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cannabis Cultivation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cannabis Cultivation Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Legal Edible
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cannabis Cultivation Market Size and Volume Forecast by Type
10.7.1. Crude Product
10.7.2. Fashioning
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cannabis Cultivation Demand Share Forecast, 2019-2026
11. Europe Cannabis Cultivation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cannabis Cultivation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cannabis Cultivation Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Legal Edible
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cannabis Cultivation Market Size and Volume Forecast by Type
11.7.1. Crude Product
11.7.2. Fashioning
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveess/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cannabis Cultivation Demand Share, 2019-2026
12. Asia Pacific Cannabis Cultivation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cannabis Cultivation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cannabis Cultivation Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Legal Edible
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cannabis Cultivation Market Size and Volume Forecast by Type
12.7.1. Crude Product
12.7.2. Fashioning
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cannabis Cultivation Demand Share, 2019-2026
13. Middle East & Africa Cannabis Cultivation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cannabis Cultivation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cannabis Cultivation Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Legal Edible
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cannabis Cultivation Market Size and Volume Forecast by Type
13.7.1. Crude Product
13.7.2. Fashioning
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cannabis Cultivation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cannabis Cultivation Market: Market Share Analysis
14.2. Cannabis Cultivation Distributors and Customers
14.3. Cannabis Cultivation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Canopy Growth Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aphria
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aurora Cannabis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Maricann
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tilray
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GW Pharmaceuticals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tikun Olam
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cannabis Sativa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
