Market Overview:
The Global Cannabis Extract Machine Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing legalization of cannabis for recreational and medical use, and the growing demand for cannabis extracts. Based on type, the market is segmented into subcritical CO2 extraction machine, supercritical CO2 extraction machine, ethanol extraction machine, hydrocarbon extraction machine, solvent-less extraction machine, and others. The subcritical CO2 extraction machines segment is expected to hold the largest share of the global cannabis extract machines market in 2018. This can be attributed to its low cost and easy operability as compared to other types of machines. Based on application, the market is segmented into recreational cannabis and medical cannabis.
Product Definition:
Cannabis extract machine is a device that is used to extract cannabinoids from cannabis. The importance of this machine is that it allows for the extraction of cannabinoids in a pure form, which can then be used in various applications, such as edibles or tinctures.
Sub/Supercritical CO2 Extraction Machine:
Sub/Supercritical CO2 Extraction Machine is used for the extraction of valuable components from cannabis. This technology has been widely used in various industries such as food & beverage, oil & gas, chemical, and others. The use of supercritical fluid CO2 extracts active ingredients from plants with minimum damage to their structure and maximum yield.
The growth factor for this market is increasing demand for natural extracts in nutraceuticals.
Ethanol Extraction Machine:
The ethanol extraction machine is used in cannabis extractions to obtain the concentrated resin. The growing legalization of medical marijuana and recreational use across the globe has driven the demand for cannabis extracts, which in turn drives the need for efficient extraction methods. Ethanol is one of those preferred methods as it helps separate unwanted compounds from plant materials.
Growing demand for high-quality cannabis oil has led to an increase in competition among players operating in this market, thus leading to innovation.
Application Insights:
Based on application, the market has been segmented into recreational cannabis, medical cannabis and others. The medical cannabis segment is expected to witness a significant CAGR of XX% over the forecast period owing to increasing usage of marijuana for treatment purposes and its legalization in various countries, including Germany, Australia and Canada. Increasing geriatric population base with health issues will drive demand for medicinal products globally which will help propel growth of this industry locally as well as internationally.
The recreational cannabis segment is also expected to witness considerable growth over the forecast period due to changing social norms regarding drug abuse and growing acceptance of this product among adults who use it for recreation purpose or who have interest in trying different strains available in the market without having any knowledge about its effects on body organs or mind functioning properly.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of key manufacturers and a large consumer base. 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 well as other countries across this region. Furthermore, growing awareness about CBD products among consumers is anticipated to fuel growth over the next eight years.
Europe accounted for more than 20% share of total revenue in 2017 owing to high demand from Germany, Italy, France, Spain and other countries within this region where cannabis has been legalized for medical or recreational purposes on a national level (except UK).
Growth Factors:
- Increasing legalization of cannabis for medical and recreational purposes across the globe is expected to drive the demand for cannabis extract machines over the forecast period.
- Growing number of research studies on therapeutic benefits of cannabis is projected to propel the demand for cannabis extract machines in near future.
- Rising awareness about various applications of cannabis extracts is anticipated to boost the market growth during forecast period.
- Technological advancements in extraction methods are likely to create new opportunities for market players over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cannabis Extract Machine Market Research Report
By Type
Sub/Supercritical CO2 Extraction Machine, Ethanol Extraction Machine, Hydrocarbon Extraction Machine, Solvent-less Extraction Machine, Others
By Application
Recreational Cannabis, Medical Cannabis
By Companies
Precision, Capna Systems, Eden Labs, Apeks Supercritical, extraktLAB, Cedarstone Industry, MediPharm Lab, Integrated Extraction, Dragonfly Technologies
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Cannabis Extract Machine Market Report Segments:
The global Cannabis Extract Machine market is segmented on the basis of:
Types
Sub/Supercritical CO2 Extraction Machine, Ethanol Extraction Machine, Hydrocarbon Extraction Machine, Solvent-less Extraction Machine, Others
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
Recreational Cannabis, Medical Cannabis
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:
- Precision
- Capna Systems
- Eden Labs
- Apeks Supercritical
- extraktLAB
- Cedarstone Industry
- MediPharm Lab
- Integrated Extraction
- Dragonfly Technologies
Highlights of The Cannabis Extract Machine 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:
- Sub/Supercritical CO2 Extraction Machine
- Ethanol Extraction Machine
- Hydrocarbon Extraction Machine
- Solvent-less Extraction Machine
- Others
- By Application:
- Recreational Cannabis
- Medical Cannabis
- 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 Extract Machine 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?
A cannabis extract machine is a device that helps to produce extracts from cannabis. These extracts can be used for various purposes, such as creating oils and tinctures.
Some of the key players operating in the cannabis extract machine market are Precision, Capna Systems, Eden Labs, Apeks Supercritical, extraktLAB, Cedarstone Industry, MediPharm Lab, Integrated Extraction, Dragonfly Technologies.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cannabis Extract Machine 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 Extract Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cannabis Extract Machine Market - Supply Chain
4.5. Global Cannabis Extract Machine Market Forecast
4.5.1. Cannabis Extract Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cannabis Extract Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cannabis Extract Machine Market Absolute $ Opportunity
5. Global Cannabis Extract Machine 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 Extract Machine Market Size and Volume Forecast by Type
5.3.1. Sub/Supercritical CO2 Extraction Machine
5.3.2. Ethanol Extraction Machine
5.3.3. Hydrocarbon Extraction Machine
5.3.4. Solvent-less Extraction Machine
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cannabis Extract Machine 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 Extract Machine Market Size and Volume Forecast by Application
6.3.1. Recreational Cannabis
6.3.2. Medical Cannabis
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cannabis Extract Machine 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 Extract Machine 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 Extract Machine 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 Extract Machine 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 Extract Machine Demand Share Forecast, 2019-2026
9. North America Cannabis Extract Machine 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 Extract Machine 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 Extract Machine Market Size and Volume Forecast by Application
9.4.1. Recreational Cannabis
9.4.2. Medical Cannabis
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cannabis Extract Machine Market Size and Volume Forecast by Type
9.7.1. Sub/Supercritical CO2 Extraction Machine
9.7.2. Ethanol Extraction Machine
9.7.3. Hydrocarbon Extraction Machine
9.7.4. Solvent-less Extraction Machine
9.7.5. Others
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 Extract Machine Demand Share Forecast, 2019-2026
10. Latin America Cannabis Extract Machine 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 Extract Machine 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 Extract Machine Market Size and Volume Forecast by Application
10.4.1. Recreational Cannabis
10.4.2. Medical Cannabis
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cannabis Extract Machine Market Size and Volume Forecast by Type
10.7.1. Sub/Supercritical CO2 Extraction Machine
10.7.2. Ethanol Extraction Machine
10.7.3. Hydrocarbon Extraction Machine
10.7.4. Solvent-less Extraction Machine
10.7.5. Others
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 Extract Machine Demand Share Forecast, 2019-2026
11. Europe Cannabis Extract Machine 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 Extract Machine 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 Extract Machine Market Size and Volume Forecast by Application
11.4.1. Recreational Cannabis
11.4.2. Medical Cannabis
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cannabis Extract Machine Market Size and Volume Forecast by Type
11.7.1. Sub/Supercritical CO2 Extraction Machine
11.7.2. Ethanol Extraction Machine
11.7.3. Hydrocarbon Extraction Machine
11.7.4. Slvent-less Extraction Machine
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Extract Machine Demand Share, 2019-2026
12. Asia Pacific Cannabis Extract Machine 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 Extract Machine 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 Extract Machine Market Size and Volume Forecast by Application
12.4.1. Recreational Cannabis
12.4.2. Medical Cannabis
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cannabis Extract Machine Market Size and Volume Forecast by Type
12.7.1. Sub/Supercritical CO2 Extraction Machine
12.7.2. Ethanol Extraction Machine
12.7.3. Hydrocarbon Extraction Machine
12.7.4. Solvent-less Extraction Machine
12.7.5. Others
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 Extract Machine Demand Share, 2019-2026
13. Middle East & Africa Cannabis Extract Machine 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 Extract Machine 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 Extract Machine Market Size and Volume Forecast by Application
13.4.1. Recreational Cannabis
13.4.2. Medical Cannabis
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cannabis Extract Machine Market Size and Volume Forecast by Type
13.7.1. Sub/Supercritical CO2 Extraction Machine
13.7.2. Ethanol Extraction Machine
13.7.3. Hydrocarbon Extraction Machine
13.7.4. Solvent-less Extraction Machine
13.7.5. Others
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 Extract Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cannabis Extract Machine Market: Market Share Analysis
14.2. Cannabis Extract Machine Distributors and Customers
14.3. Cannabis Extract Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Precision
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Capna Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eden Labs
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apeks Supercritical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. extraktLAB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cedarstone Industry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MediPharm Lab
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Integrated Extraction
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dragonfly Technologies
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