Legal Marijuana Market Future Plans and Forecast to 2029


Posted May 11, 2023 by Shitalmax

Legal Marijuana Market was valued at US$ 17.48 Bn in 2021. The Legal Marijuana Market size is estimated to grow at a CAGR of 28.43 % over the forecast period.
 
Legal Marijuana Market Overview

The market overview focuses on analyzing the dynamics of the Legal Marijuana industry, including its key players and market rivalry. The report provides revenue forecasts for the industry at the global, regional, and segment levels, with a particular emphasis on sales forecasting by segment and region. This comprehensive analysis allows for a detailed understanding of the market's current state and future trends, providing valuable insights for industry stakeholders.

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Legal Marijuana Market Report Scope and Research Methodology

The report on Legal Marijuana Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Legal Marijuana market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Legal Marijuana industry at local, regional and global level. Segment wise marker share estimation & Industry potential is also covered.

The Legal Marijuana Market was analysed by region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The new entrants & existing players in Legal Marijuana market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with an overall view of the Legal Marijuana market for formulating investment approaches and marketing tactics. Bottom-up approach was used to estimate the Legal Marijuana market size.

Legal Marijuana Market Regional Insights

The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one..

Legal Marijuana Market Segmentation

Based on Product Type, concentrates segment is expected to dominate the market with highest CAGR during the forecast period. These concentrates are available as tinctures, ingestible oils, and dabbing. In most nations around the world, the oils and tinctures are widely used to treat a variety of chronic illnesses. These oils are applied topically to alleviate insomnia and to lessen tension. Additionally, cancer-related nausea and the feeling of vomiting are treated using medical cannabis and its derivatives. The large portion of the world's population that uses this oil, which is popular, may help the legal marijuana market flourish.

Legal Marijuana Market Key Players

• Canopy Growth Corporation
• Aurora Cannabis
• Aphria, Inc.
• Tilray
• ABcann Medicinals, Inc.
• The Cronos Group
• Maricann Group, Inc.
• Organigram Holding, Inc.
• Lexaria Corp.
• GW Pharmaceuticals
• United Cannabis Corporation
• Tikun Olam, Ltd.
• Organigram Holdings, Inc.
• Cresco Labs
• Indiva
• Hexo Corp.
• Ecofibre Limited
• Curaleaf Holdings
• Harvest Health and Recreation
• Green Thumb Industries
• TerrAscend

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Key questions answered in the Legal Marijuana Market are:

What is Legal Marijuana ?
What are the factors driving the Legal Marijuana Market growth?
What are the factors are limiting the Legal Marijuana Market growth?
What was the Legal Marijuana market size in 2021?
Which trends are expected to generate additional revenue for the Legal Marijuana market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Legal Marijuana Market?
What growth strategies are the players considering to increase their foothold in the Legal Marijuana Market?
Who held the largest market share in the Legal Marijuana Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive La
ndscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By MMR
Country India
Categories Business
Tags legal marijuana market , legal marijuana market size , legal marijuana market share
Last Updated May 11, 2023