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cannabis concentrate market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period 2022-2030

NEW YORK CITY, NY, UNITED STATES, August 10, 2022 /EINPresswire.com/ -- The Global Cannabis Concentrate Market report published by Reports and Data is a concise summary on the Cannabis Concentrate industry and offers deep insights into the industry’s core structure and mechanism. The report digs into the key segments and sub-segments of the industry and offers a thorough study of the industry’s leading regional markets, competitive scenario, product and application segments, technology landscape, sales & distribution networks, and key industry statistics. Market insights included in the report have been compiled through extensive research, detailed market surveys, and expert interviews.

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Market Dynamics:

The pharma and healthcare sector has significantly advanced in the recent years and is expected to register steady revenue growth over the forecast period owing to rapid innovations in medical technology, increasing investments, rising healthcare expenditure and high adoption of advanced products and systems. Factors such as rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and neurological disorders across the globe, rising cases of coronavirus, improving healthcare infrastructure and research facilities, and increasing adoption of remote patient monitoring services and home care settings are expected to fuel global market revenue growth over the forecast period. In addition, increasing number of hospitals and ambulatory care centers worldwide, high demand for personalized medicine, increasing investments in drug discovery and growing investments by public and private sectors are expected to drive global market growth in the coming years.

Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The Cannabis Concentrate market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.

Leading companies operating in the market are:

Canopy Growth Corporation
Aurora Cannabis
Tikun Olam
Cannabis Science
Aphria
Maricann Group
Tilray
VIVO Cannabis
Medical Marijuana
STENOCARE
Cronos Group
Terra Tech
MedMen

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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:

Cannabis Concentrate Market Segmentation:

Type Outlook (Revenue, USD Billion; 2018-2028)

Shatter
Wax
Badder/Budder
Live Resin
Tincture of cannabis
Hashish/Hash
Bubble hash
Charas
Crumble
Crystalline
Oil
Rosin
Others

Consumption Method Outlook (Revenue, USD Billion; 2018-2028)

Smoking Methods
Dabbing
Pre-Filled Vape Pens
Handheld Vaporizers
Cannabis Tinctures
Others

Regional Outlook:

North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

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