North America Cannabis Market is expected to expand at a CAGR over 33% & USD 3.5 billion by 2015 to 2021

Market Synopsis of Cannabis Market

Market Scenario

The report on North America cannabis market focuses primarily on the major markets in the region such as the U.S. Canada and Mexico. The market size of cannabis stood over USD 3.5 billion in 2015. It is expected to expand at a CAGR over 33% over the period of 2016 to 2021.

Market Segments

North America Cannabis Market can be segmented as follows:

  • Segmentation by Derivatives: Marijuana/Flowers and Industrial Hemp, Other Concentrates/Products which include keif, hash, hash oil etc.
  • Segmentation by Applications Type: on the basis of applications the market is segmented as

 

  • Applications of marijuana
  • Medicinal applications
  • Recreational applications
  • Others
  • Applications of hemp.
  • Food and baby care
  • Clothing and textile
  • Others

 

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Objective Study of Cannabis Market:

  • To provide detailed analysis of the cannabis market along with historic data from 2011 and forecast for the next 5 years of the various segments and sub-segments of the North America cannabis market
  • To provide insights into the factors affecting global market growth.
  • To analyze the cannabis market on the basis of factors such as price analysis, supply chain analysis, and Porter’s five force analysis.
  • To provide country level analysis of the market with respect to the current market size and prospective by 2021
  • To provide country level analysis of the market for segments by derivatives, applications of cannabis.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the North America Cannabis market

 

Browse Report Details @ https://www.marketresearchfuture.com/reports/cannabis-market

 

Key Players

Some of the major players in North America Cannabis Market include:

  • Canadian Cannabis Corporation
  • Plandai Biotechnology.
  • Tweed Marijuana Inc.
  • Affinor Growers
  • Cannabis Sativa Inc.
  • Cannavest
  • Canna Brands Inc.
  • Omnicanna Health Solutions
  • Privateer Holdings, Inc.,
  • Arena Pharmaceuticals Inc.

Key Findings:

  • Among the derivatives marijuana accounts for the largest market share. The revenue of this segment stood more than USD 2.5 billion in 2015.
  • The U.S. being the largest market in the region accounted for over 95% of the market size of the North America cannabis market.
  • Rapid growth of cannabis and its applications in medicinal purposes has driven the growth in this market.

 

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Regional Coverage

  • North America
  • US
  • Rest of North America

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

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