CANNABINOIDS MARKET PROJECTED GROWTH RATE THROUGH 2023-2032

 

The Cannabinoids Global Market Report 2023, provides comprehensive information on the cannabinoids market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032

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As per The Business Research Company’s Cannabinoids Global Market Report 2023, the global cannabinoids market size is expected to grow from $27.47 billion in 2022 to $32.94 billion in 2023 at a compound annual growth rate (CAGR) of 19.92%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cannabinoids market size is expected to reach $68.38 billion in 2027 at a CAGR of 20.03%.

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The cannabinoids market is segmented:

1) By Product Type: Cannabidiol, Tetrahydrocannabinol, Cannabinol, Other Product Types

2) By Distribution: Hospital Pharmacies, Retail Pharmacies, Online Stores

3) By Application: Medical, Recreational, Industrial Hemp

North America was the largest region in the cannabinoids market in 2022.

The table of contents in TBRC’s cannabinoids market report includes

1.Executive Summary

2.Cannabinoids Market Characteristics

3.Cannabinoids Market Trends And Strategies

4.Cannabinoids Market – Macro Economic Scenario

5.Cannabinoids Market Size And Growth

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26.Africa Cannabinoids Market

27.Cannabinoids Market Competitive Landscape And Company Profiles

28.Key Mergers And Acquisitions In The Cannabinoids Market

29.Cannabinoids Market Future Outlook and Potential Analysis

30.Appendix

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